Annual sales of cellular IoT gateways spiral 18.5%; US vendors dominate forecast
Annual shipments of cellular IoT gateways will reach eight million in 2023, with compound growth (CAGR) of 18.5 per cent per annum in the intervening period, according to IoT analyst house Berg Insight. Global shipments stood at around 3.4 million units in 2018, worth approximately $921 million. The forecast covers general-purpose cellular gateways, used to…