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Strategy Analytics: US Businesses Show IoT Investment Resilience, Despite Pandemic – Consumer Electronics Net
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UAE Youth Minister, MoIAT Under-Secretary Meet Emirati Candidates Nominated For IEC Young Professionals Programme
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4 weeks ago
BOSTON–(BUSINESS WIRE)–
According to the latest research from Strategy Analytics, 5G comprised less than 1% of IoT connections in 2020 but will rise to 40% of all the overall connections by 2030, as highlighted in its most recent IoT Market Forecast and Analysis report. The majority of 5G connections will not be significant until 2026, with 4G remaining the dominant technology over the forecast period.
2020 witnessed slower than expected growth due to the Covid-19 pandemic, with a slight increase in overall connections. Strategy Analytics expects similar connection growth rates in 2021, with the pandemic highlighting the need for investment in telehealth, especially remote patient monitoring, and diagnostics.
When is 5G expected to play a big role in IoT?
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