The 550 largest cellular IoT deployments together account for 743 million units, according to Berg Insight in its yearly updated database.

The 550 largest cellular IoT deployments were identified as part of the company’s IoT market research activities since 2004. The list includes various types of projects and product categories deployed across all types of vertical markets including OEM automotive, aftermarket automotive, transport and logistics, utilities, infrastructure, buildings and security, retail, industrial, consumer electronics, and healthcare.

The database includes project size and geographical distribution by the end of 2024 as well as a five-year forecast for each individual project.

“The projects included in the top-550 list together account for approximately 743 million active cellular IoT subscriptions,” said Rickard Andersson, principal analyst at Berg Insight.

He added that this corresponded to as much as 19.6 per cent of the total number of cellular IoT connections worldwide at the end of 2024. The 550 projects on the list are in the coming years forecasted to grow to 1.22 billion units by 2029, corresponding to an overall CAGR of 10.4 per cent.

“More than 120 deployments on the list have reached one million subscriptions, and the top-ten projects alone account for over 230 million units,” said Andersson.

Transport and logistics form the largest vertical in terms of the number of projects that made the top list, followed by utilities, OEM automotive, retail, aftermarket automotive, buildings and security, industrial, and healthcare.

“When comparing the number of active subscriptions represented by each vertical for the entries in the top-550 list, OEM automotive is instead the largest vertical, accounting for 281 million units, ahead of utilities at 155 million units and transport and logistics representing 140 million units,” said Andersson.

The North American and European markets represent 162.2 million and 178.8 million units, respectively, of the active IoT units across all verticals on the top list.

Download report brochure at media.berginsight.com/2025/12/20200932/bi-550toplist9-ps.pdf.