Cellular IoT gateways to reach 8.0 million per year by 2023

IoTBusinessNews has an article, based on Berg Insight research, saying 3.4 million cellular IoT gateways were shipped globally during 2018 that’s growing at a compound annual growth rate (CAGR) of 18.5 percent to reach annual reach 8.0 million in 2023.

Several players continue to have inorganic growth as a strategy and further consolidation can be expected among IoT gateway vendors in 2019–2020