MWC24: IoT Providers are Navigating Market Consolidation and Uneven Growth
Guest Author posted: " Summary Bullets: • IoT providers that have led the market for years continued to press forward in a more mature but still unpredictable market, navigating technology and commercial disruptions while considering new growth opportunities • Pricing"
• IoT providers that have led the market for years continued to press forward in a more mature but still unpredictable market, navigating technology and commercial disruptions while considering new growth opportunities
• Pricing, competition, consolidation, eSIM, and trends in the key connected car space (including growth in 5G connections) were among the issues discussed in analyst briefings
Leading traditional IoT connectivity providers from the ranks of mobile network operators broke little or no news at MWC 2024 held in Barcelona, although each maintained an impressive presence in terms of exhibits, speakers, and IoT business leaders. Disruptive IoT MVNO and platform provider 1NCE did manage to draw significant attention from its booth near the food trucks, launching a unique offer for emerging high data requirements use cases priced simply at EUR5 per gigabyte. 1NCE has been offering prepaid low bandwidth services (ten years for $10) for use cases such as smart metering, street lighting, and asset tracking for several years. Now it has innovated again, offerings speeds of up to 25 Mbps for video surveillance and industrial monitoring requirements using its flat rate pricing for data usage.
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