In February and March 2023 Transforma Insights analysts attended Mobile World Congress in Barcelona and Embedded World in Nuremberg, two of the key IoT events of the year. The key takeaway from the two events was that the Internet of Things is going through a period of pronounced transition. In many different areas it is evolving from a relatively stable, established environment 3-5 years ago towards another equally stable state in another 3-5 years, but with a period of uncertainty and changing dynamics in between.
In this report we explore those key evolution areas that were the leading IoT-related themes at the two events. This encompasses topics as diverse as the evolution from 2G/3G to mMTC, the changing Connectivity Management Platform landscape, changing approaches to addressing multi-country connectivity, hardware bundling, and regulation. It also looks at the reasons why some major technology vendors are seemingly exiting IoT.