Commercial IoT Connectivity Management Platforms had 1B devices under management in mid-2019

According to a new research report from the IoT analyst firm Berg Insight, the number of devices managed on commercial IoT connectivity management platforms (CMPs) will grow at a CAGR of 32.6 percent from 770 million in 2018 to reach 3.15 billion by 2023. This accounted for about 63 percent of the total installed base of cellular IoT devices in 2018. Mobile operators use connectivity management platforms to facilitate the delivery of IoT connectivity services and offer self-service connectivity management solutions to enterprise customers. The adoption of third-party platforms has increased notably in recent years, although many mobile operators still use bespoke or in-house developed solutions to serve all or parts of their IoT operations.