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Short-Range Wireless IoT Connections by Technology

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SOURCE RESEARCH

Connecting the IoT: Wide-Area and Short-Range Wireless Technologies Market Analysis

Report | 4Q 2024 | AN-5694

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Growing at a CAGR of 14%, Short-Range Wireless (SRW) IoT connections are forecast to increase from 10.3 billion in 2023 to 29.3 billion by 2030. There will be a relatively even distribution between 802.15.4, Bluetooth, and Wi-Fi throughout the forecast period, with Bluetooth leading the way.