SOURCE RESEARCH
IoT Market Tracker: Cat-1
Market Data | 1Q 2026 | MD-IOTMCA1-114
Get The ReportABI Research projects total revenue from Cat-1 IoT connections to increase at a Compound Annual Growth Rate (CAGR) of 17% between 2025 and 2030, from US$3.2 billion to US$6.9 billion. By the end of the forecast, the top five applications driving investment in Cat-1 IoT solutions will be:
- Asset tracking (US$1.2 billion)
- Fleet management (US$1.1 billion)
- Home security & automation (US$991 million)
- Smart meters (US$639 million)
- Water meters (US$550 million)
All 108 datasets can be viewed by downloading our IoT Market Tracker: Cat-1.
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