There will be 108 million IoT connections on private LTE (4G) and 5G networks in the manufacturing sector in 2030, according to a new forecast from ABI Research. Manufacturing will be the biggest market for private 5G-IoT, it said. In second, the transportation industry will have 71 million IoT connections on private LTE and 5G networks in the same timeframe, it said.
ABI Research argues that the criticality of the manufacturing sector, in particular, is driving interest in private LTE and 5G networks, and will tend towards cellular as a transport technology for data from more critical-grade IoT sensor applications. Lizzie Stokes, IoT networks and services analyst at ABI Research, said: “Mission-critical use cases require ultra-reliable connectivity.”
