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5G IoT Connections to Account for 40 Percent of all Connections by 2030, Research Shows

5G is expected to account for 40 percent of all connections by 2030, according to a new study from Strategy Analytics. North Americas market expected to reach a compound annual growth rate of 14.1% by 2024. Europe shows an even more considerable increase of up to 20% in the smart home market. 5G comprises less than 1% of IoT connections, as of 2020, but it’s expected to make it 40% by 2030. The same slower rate of expansion will likely continue in 2021, the report says.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/5g-iot-connections-account-40-percent-connections-2030-research-shows/

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