Cellular M2M Connections Near 4bn End-2024

The increased adoption of connected devices across both industry and government has seen the number of cellular machine-to-machine (M2M) connections surge dramatically over the past 5 years – boosted by falling hardware and connectivity costs, as well as the increased rollout of cellular technologies like Narrowband-IoT, LTE-M and 5G. According to the latest data published by MEF, cellular M2M connections totalled 3.76 billion at the end of 2024, growth of 110% from 1.79 billion end-2020, with 3 billion (nearly 80% of total connections) currently found across the Asia Pacific region. Europe counted almost 362 million cellular M2M connections end-2024, followed by the Americas with 316 million, and Middle East & Africa with almost 85 million. Growth over the 5-year period was highest in MEA (170%) – admittedly from a low base, with AsiaPac up 120%, and Europe and the Americas both nearing 70% growth. All this data and more is now available to download from mef.mobi and click on MEF Data.

The full report, and all survey data from over 11,000 respondents across 17 countries, is now available to download from mef.mobi and click on MEF Data.