Cellular IoT data traffic will comprise 4.2% of total cellular data traffic in 2028 – Omdia

Over the period between 2023 to 2028, automotive data traffic is forecast to rise from 18.6 EB to 59.4 EB. #pressrelease

May 21, 2024

1 Min Read

Data traffic from cellular IoT connections is expected to rise to 110.8 exabytes (EB) by 2028, according to Omdia's latest research. This surge is driven by heightened demand for data that can be analyzed, aimed at enhancing operational efficiency to generate new revenue streams for companies.

The research uncovered that most cellular IoT data traffic will originate from the automotive vertical, with the largest use cases being infotainment such as streaming video and audio, and firmware over-the-air updates. Over the period between 2023 to 2028, automotive data traffic is forecast to rise from 18.6 EB to 59.4 EB, fueled by the integration of infotainment systems in newer vehicles with greater numbers of consumers taking up these services expected to utilize 5G connectivity. Transport and logistics emerge as the next significant vertical for cellular IoT data traffic, while all other verticals collectively account for less than 25% of the total traffic after 2024 according to the report.

Furthermore, the research highlights Asia & Oceania will be the largest region for data traffic, comprising 60.6% of the global figure in 2023. This trend is attributed to the high number of video cameras installed, particularly within smart cities initiatives across the region.

Read the full press release here.

Omdia

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