Automotive Sector Expected to Drive IoT Through 2015, SA Reports

The number of global cellular IoT connections is likely to grow to more than 2.4 billion in 2025, Strategy Analytics reported. The top three “vertical markets” -- automotive, utilities and security -- will have more than 46 percent of global IoT cellular connections in 2025, said a Monday SA news release: “Across the forecast period, the automotive vertical market will not only remain the single largest global consumer of IoT cellular connections, but increase its market share position by 2025.”