Commercial IoT CMPs had 1 billion DuM in mid-2019 – FutureIoT
In 2018, the number of devices managed on commercial IoT CMPs stood at 770 million, accounting for 63% of the total installed base of cellular IoT devices in 2018. By mid-2019, the total number of devices under management (DuM) stood at 1 billion. By 2023, Berg Insight forecasts this figure to grow to 3.15 billion, with a compound annual growth rate of 32.6%.