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IoT MVNO Market Connection Share

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SOURCE RESEARCH

IoT MVNOs Market Update: Services, Private Networks, and Supplier Analysis

Report | 4Q 2024 | AN-5887

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Internet of Things (IoT) Mobile Virtual Network Operator (MVNO) connections will surpass the 210 million mark in 2024, with German-based 1nce accounting for the largest market share (13.6%). Telenor Connexion closely trails 1nce at a 13.2% IoT MVNO market share based on worldwide connections. KORE Wireless is another market leader, expected to hold a 10.6% market share this year.