Berg Insight, the world’s leading IoT market research provider, recently released new findings about the market for cellular IoT gateways and routers.
Close to 3.7 million cellular IoT gateways were shipped globally during 2020, at a total market value of approximately US$ 1.01 billion. Annual sales were flat compared to the previous year, though several major vendors were significantly affected by the COVID-19 pandemic as many projects were delayed or entirely frozen.