Andrey Kolesnikov, director of the Internet of Things Association

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Analysts at consulting firm Analysys Manson concluded that the number of mobile IoT connections worldwide grew rapidly in 2022: “We estimate that large enterprises connected more than 1.5 billion devices to the IoT by the end of 2022, up from 1.3 billion by the end of 2021. This number is expected to nearly double by the end of 2027.”

In absolute terms, enterprise ivory coast whatsapp resource IoT connectivity services will account for $4.3 billion in operator revenue between 2022 and 2027, accounting for more than half of the total increase in enterprise revenue, according to researchers at Analysys Manson.

"Large enterprises in sectors such as utilities, smart homes and tracking technology account for the majority of IoT deployments. However, there is also strong demand for IoT connectivity in higher value-added sectors including healthcare, retail and automotive," the study authors said. They said operators in Central and Eastern Europe and parts of the Asia-Pacific region, where the automotive industry is strong, could see significant revenue gains from enterprise IoT connectivity.

reported that there is no precise data on the Internet of Things money market in Russia due to the lack of systematic measurements. However, according to the association's forecasts, the minimum average annual growth rate of the market in the Russian Federation will be 9%.

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Transport, housing and utilities and energy have become the most promising sectors for the development of IoT in Russia
One of the factors holding back the growth of the Internet of Things (IoT) technologies in Russia is the regulator's requirement to use exclusively domestic IoT base stations in new networks. However, this market continues to grow slowly due to the active digitalization of business, including in the transport, housing and utilities, and energy sectors.

"In the first quarter of 2023, the subscriber base of connected NB-IoT devices in MTS networks grew by 40%, compared to the same period in 2022," the press service of PJSC MTS told a ComNews correspondent.

According to the press service of MTS, which cites a study by the ONSIDE agency, by the end of 2022, the operator provided 47% of the total volume of connections on the M2M market - over the year, the subscriber base growth amounted to 22.8%.

"In total, the M2M/IoT connection segment of mobile operators in 2022 grew by 28.8% to 14.3 million from 11.1 million connections," ONSIDE analysts claim.

As reported by the press service of PJSC MegaFon, the company services 43% of all M2M SIM cards in Russia, which account for 40% of the market in monetary terms: "In 2022, MegaFon connected 25% more IoT SIM cards than in 2021. The market continues to grow due to the active digitalization of business, including in the field of transport, housing and communal services, and energy."

According to data provided by the Internet of Things Association, the Russian market for the Internet of Things in energy, transport and logistics grew in 2020-2021 to 22%; in 2022, the market fell by 18%, but in 2023 it will start growing again.