IoT a Big Business Opportunity for Wireless Industry, GSMA Says

The IoT will be a $1.8 trillion revenue opportunity for wireless operators by 2026, GSMA said. “There is a real sense of momentum behind Mobile IoT networks in licensed spectrum, with multiple commercial launches around the world, as well as the availability of hundreds of different applications and solutions, but there is still much to be done,” said Alex Sinclair, chief technology officer. The U.S. region will account for $534 billion, GSMA estimated Wednesday.