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China running away with it, as analysts get hyped for cellular IoT growth

Cellular IoT, the catchall term for 2G, 3G, and 4G IoT connections, is the subject of a trio of reports from analyst houses, and by their accounts, China is running away with the competition. With strong government support for IoT projects, as part of its ongoing industrial transformations, as well as its response to environmental challenges, China seems to be driving NB-IoT growth in a major way. We came across the figures in a Seeking Alpha article discussing the sort of multiple that an IoT leader should net. It noted that China Mobile expects to add 100m IoT devices in 2017, and had hit 150m total by mid-year – although the Chinese MNO doesn’t breakdown the ‘smart connections’ by application…

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