---
title: Global Cellular IoT and Low-Power Wide-Area Network (LPWAN)
description: Driving the Next Wave of IoT Growth through Large-Scale Deployments in Utilities, Smart Cities, Manufacturing, and Transportation
---

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## What Megatrends Will Help You Grow in the Cellular IoT and LPWAN Space?

*Driving the next wave of IoT growth through large-scale deployments in utilities, smart cities, manufacturing, and transportation*

With the emergence of generative AI (GenAI), embedded SIM (eSIM), and satellite networks, the Internet of Things (IoT) space is undergoing a profound transformation. In response to these emerging trends, this analysis provides an overview of the traditional cellular IoT, massive cellular IoT, and non-licensed low-power wide-area network (LPWAN)** **landscapes.

Traditional cellular IoT connections are expected to grow from 2.77 billion in 2024 to 4.46 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%, fueled by massive growth in IoT connections in China and investments in automotive, manufacturing, and banking and financial services that require 4G and 5G.

- How can your team operationalize transformation across traditional cellular IoT, massive cellular IoT, and non-licensed LPWAN to unlock new growth prospects?
- What megatrends across GenAI, eSIM, and satellite networks drive growth potential in IoT connections?
- How can participants in the utilities industry leverage growth by modernizing electricity grids and replacing gas and water meters with battery-powered, low-cost devices at scale?

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