GSMA Highlights US$1.8 Trillion IoT Revenue Opportunity for Mobile Network Operators

September 7, 2017

London: The GSMA today announced that mobile network operators are set to benefit from an estimated US$1.8 trillion Internet of Things (IoT) revenue opportunity by 2026 boosted by the early deployment of commercial Low Power Wide Area Networks in licensed spectrum, according to new figures in the IoT Forecast Database Research1published by analyst house Machina Research. The new findings highlight the huge growth opportunities for mobile operators delivered through new Mobile IoT applications and services. To date, 12 mobile operators have launched 15 commercial Mobile IoT services, including AT&T, Telstra and Verizon (LTE-M), as well as China Mobile, China Telecom, China Unicom, Deutsche Telekom, KT, LG Uplus, M1, Turkcell and Vodafone (NB-IoT). The research also indicates that the Americas region will account for an estimated US$534billion, or approximately a third of the total revenue.

“There is a real sense of momentum behind Mobile IoT networks in licensed spectrum, with multiple commercial launches around the world, as well as the availability of hundreds of different applications and solutions, but there is still much to be done,” said Alex Sinclair, Chief Technology Officer, GSMA. “Many operators are already reaping the benefits of deploying Mobile IoT and we encourage others to act now to capitalise on this clear market opportunity and further accelerate the development of the Internet of Things.”

The new findings highlight that consumer demand for connected home (US$441 billion), consumer electronics (US$376 billion) and connected car technologies (US$273 billion) represent the biggest revenue opportunities for IoT. However, other areas such as connected energy look set to reach US$128 billion by 2026 as a result of local governments and consumers seeking smarter ways to manage utilities. Similarly, revenues from connected cities are forecast to reach US$78 billion by 2026.

Mobile operators are enhancing their licensed cellular networks with NB-IoT and LTE-M technologies which utilise globally agreed 3GPP standards to scale the IoT. Mobile IoT networks are expected to have 862 million active connections by 2022 or 56 per cent of all LPWA connections. These new Mobile IoT networks are designed to support mass-market IoT applications across a wide variety of use cases, such as industrial asset tracking, safety monitoring, water and gas metering, smart grids, city parking, vending machines and city lighting, requiring solutions that are low cost, use low data rates, require long battery lives and can operate in remote locations.

Mobile IoT Momentum
The GSMA Mobile IoT Initiative was created to help the industry deliver commercial LPWA solutions in licensed spectrum. It is currently backed by 74 global mobile operators, device makers and chipset, module and infrastructure companies worldwide. In the space of a year, it has helped to establish market standards for LPWA, published by 3GPP, that will play a fundamental role in the growth, development and adoption of the technology as well as securely and cost effectively connect the billions of new devices making up the IoT. For further information on the Mobile IoT Initiative, visit www.gsma.com/iot/mobile-iot-initiative/.

Mobile IoT Innovators
The GSMA has also established the GSMA Mobile IoT Innovators project, which was designed to encourage the development of new LPWA solutions and now has over 650 members. The GSMA will host the GSMA Mobile IoT Innovators Showcase at 4YFN in the Moscone Centre, South Hall, Stand Number: 2300A during Mobile World Congress Americas, demonstrating the different stages of Mobile IoT development, from standalone development kits and modules to companies with first prototypes and commercially available products. The showcase will feature innovative companies from a range of industries, including asset tracking, smart street lighting and flood monitoring and will highlight the opportunities of developing with the latest Mobile IoT technologies.

Mobile IoT at Mobile World Congress Americas 2017 
At Mobile World Congress Americas in San Francisco next month, the GSMA’s Internet of Things programme will host the ‘5th GSMA Global Mobile IoT Summit’ on Monday, 11 September, from 14:00 – 17:00. The Summit will explore the ongoing commercialisation of licensed spectrum LPWA networks and their power to deliver service to billions of new devices. The GSMA Internet of Things programme will also be present in the GSMA Innovation City, showcasing how the IoT is transforming enterprises, governments and peoples’ lives across the globe in an immersive urban environment.

Get Involved at Mobile World Congress Americas 2017
More information on Mobile World Congress Americas 2017, including how to attend, exhibit or sponsor, is available at www.mwcamericas.com. Follow developments and updates on Mobile World Congress Americas on Twitter @GSMAEvents using #MWCA17, on our LinkedIn Mobile World Congress Americas page https://www.linkedin.com/company/gsma-mobile-world-congress-americas or on Facebook at https://www.facebook.com/MWCAmericas/.

Back

Mobile-Enabled Unmanned Aircraft Mobile networks are uniquely placed to support the safe usage of unmanned aircraft (UA), which are becoming increasingly popular with consumers and business users. Today UA are g...

Read more | See all Resources

LTE-M Logo “LTE-M” stands for Long Term Evolution for Machines. It is a low power wide area radio technology standard published by 3GPP in Release 13 that addresses the requirements of ...

Read more | See all Resources

The IoT Guide to MWC18 With 25 billion connected devices by 2025, the Internet of Things (IoT) will be essential in protecting the environment, building smarter and sustainable cities, and improving qu...

Read more | See all Resources

AirQ Internet of Things Case Study Air Quality and the monitoring of pollutants that can cause health issues is becoming more important to our daily lives with governments and regulators keen to both monitor and m...

Read more | See all Resources

Shenzhen – Internet of Things Case Study Supply of water and gas to consumers in Shenzhen has historically been a challenge. However, significant investment in improving the delivery of both of these utility services ac...

Read more | See all Resources

USpace Smart Parking Internet of Things Case Study Parking in Taipei is at a premium, with strict parking controls that are enforced by the city with heavy fines for illegal parking. In this environment, it is common for resident...

Read more | See all Resources

Mobile IoT Innovators Community Marches towards Milestone of 1,000 Members As the Internet of Things grows, and Mobile IoT continues to establish itself as an increasingly popular mode of cellular connectivity, it is essential that the ecosystem continu...

Read more | See all Industry News

Telefónica’s Cyber Security Division Includes new Measures from Industry ElevenPaths, Telefónica’s cyber security unit, has recently made important updates to SandaS GRC, a product enabling their customers to reduce operational risks and ensure reg...

Read more | See all Industry News

IoT to Take Centre Stage at Mobile World Congress in Pivotal Year for the I Andrew Parker, IoT Marketing Director, GSMA The Internet of Things (IoT) is increasingly being delivered through mobile networks, via licensed low power, wide area (LPWA) connect...

Read more | See all Industry News

Scaling the IoT Becomes the Next Frontier for the Mobile Industry in 2018 Svetlana Grant, IoT Programme Director, GSMA 2017 was the year IoT really started to materialise.  The last 12 months built on the foundational work of the previous year, and sa...

Read more | See all Industry News

The Mobile IoT Labs Pioneering Next Generation LPWA solutions Last month, Huawei released its NB-IoT Commercial Premier Use Case Library, detailing some of the uses to which Mobile IoT has been put to date.  The global picture is increasin...

Read more | See all Industry News

Smart Concrete Paves the way to Safer and Cheaper Infrastructure Built environments across the world are comprised largely of concrete. We tend not to give it much thought, but more than 80% of all infrastructure globally is made at least part...

Read more | See all Industry News

6th Mobile IoT Summit February 25, 2018 Mobile IoT, also known as Low Power Wide Area (LPWA) in licensed spectrum, presents a huge opportunity for the mobile and IoT industries. GSMA Intelligence estimates t...

Read more | See all Connected Living Events

IoT at MWC18 February 25, 2018 The Internet of Things will be central to Mobile World Congress 2018. You can discover the range of our activities below. For a comprehensive list of IoT activities at ...

Read more | See all Connected Living Events

Generating Value through IoT and Big Data February 27, 2018 GSMA Seminar Theatre 1, CC1.5 – download directions Mobile operators are becoming increasingly successful in establishing services to commercialise their anonymis...

Read more | See all Connected Living Events

IoT Security, Drones – Creating a Connected and Secure Fut February 28, 2018 GSMA Seminar Theatre 1, CC1.5 – download directions Session 1: Securing a Better Future With 25 billion connected devices by 2025, the risk of cybersecurity breac...

Read more | See all Connected Living Events

Mobile IoT Innovators Developer Workshop February 28, 2018 GSMA Seminar Theatre 1, CC1.3 – download directions Join Telefónica’s technical industry experts who are at the forefront of Mobile IoT development to get hand...

Read more | See all Connected Living Events

Mobile IoT Innovators Networking Reception February 28, 2018 GSMA Seminar Theatre 1, CC1 Networking Area – download directions Join the Mobile IoT Innovators Networking Reception for a relaxed afternoon and enjoy free drink...

Read more | See all Connected Living Events

Contact GSMA Legal Email Preference Centre Copyright © 2018 GSMA. GSM and the GSM Logo are registered and owned by the GSMA.