[NEW:]The year has been quite disastrous for Cellular IoT, and conditions might deteriorate further, with some vendors experiencing a 50% decline.

All told, 2024 was something of an annus horribilis for the cellular IoT sector, with consolidation and divestitures on the back of zero sales growth. But it could prove to be a whole lot worse than expected, it seems. “It’s possible that a pessimistic outlook could worsen further,” said ABI Research this week, reviewing its […]

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