Berg Insight Forecasts Strong Growth For IoT Connectivity Management Platforms
IoTNOW, Tuesday, January 14th, 2025
Berg Insight has released new findings about the market for IoT connectivity management platforms (CMPs), a standard component in the value proposition from mobile operators and IoT MVNOs around the world. Market dynamics in the IoT CMP market have evolved in recent times as vendors focus on responding to the challenge of declining ARPUs for IoT connectivity services.
Early CMPs were developed at a time characterised by inflated expectations of the IoT market, which has led to incumbent vendors exiting the space, while others have had to rethink their product and pricing strategies, often involving tiered offerings and the addition of value-added services. New investments are targeted at RSP platform integrations, eSIM orchestration and connectivity management orchestration capabilities, machine learning-based analytics, security services and programmable network capabilities enabled by 5G SA.