As industry verticals embrace the Internet of Things (IoT), the number of connected devices will continue to explode. In fact, Statista claims that the number of IoT devices worldwide will nearly triple from 8.74 billion in 2020 to more than 25.4 billion in 2030. But when it comes to connecting the billions of devices that make up the IoT, there’s no one-size-fits-all solution.
The connectivity technology landscape remains complex and fragmented. LoRa®/LoRaWAN®, NB-IoT, Zigbee, Wi-Fi, Bluetooth (BLE), and 5G are driving the market forward, but for different Applications. There’s no single IoT connectivity technology that can deliver ubiquitous coverage, so when it comes down to what to use, every vertical market will need to make decisions around what to prioritize. Trade-offs between power consumption, range, and bandwidth all need to be considered when identifying the right technology for your business.
To better understand what technology is available and the pros and cons of each, refer to the Ultimate Network Comparison guide: