The growth for cellular IoT connectivity is expected at over 20% per year for the rest of the decade. Surprisingly, mobile handset subscriptions are likely to be below 2% per year. The reason is that 5G does more for secure IoT device connectivity than mobile phone users. As a result, it means a massive opportunity for device OEMs. Especially with the development of iSIM, which expands the range of applications that IoT can manage.
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