LTE (Long Term Evolution) and IoT (Internet of Things) Industry Forecast to 2027

The Global Long-Term Evolution (LTE) Internet of Things (IoT) Market is poised to grow strongly during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include Artificial Intelligence will increasingly drive IoT development and deployment, 5G networks will broaden the scope and availability of IoT and IoT is the next industrial revolution.

Based on Type, the market is categorized into Long Term Evolution for Machines (LTE-M) and Narrowband IoT. Depending on Application the market is segregated into agriculture, Energy and Utilities, Healthcare, Manufacturing and Transportation and Logistics.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.