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Number of Retail IoT Connections by Technology: 2025 to 2030

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SOURCE RESEARCH

IoT Market Tracker: Retail

Market Data | 1Q 2026 | MD-IOTMRET-114

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According to ABI Research's latest IoT market tracker, the number of global Internet of Things (IoT) connections across the retail sector will increase from 419 million in 2025 to 583 million in 2030, growing at a Compound Annual Growth Rate (CAGR) of 7%.

Table 26 of our market tracker segmented retail IoT connections by connectivity technology. Fixed line is and will remain, by far, the most common solution, accounting for 323 million connections globally by 2030. In a distant second is Cat-1, achieving 86 million retail IoT connections. Cat-M, NB-IoT, and LPWA-Proprietary follow.

4G dominates the cellular technologies, with legacy standards being outdated and 5G often being overkill for retail applications.

All 86 datasets can be found by downloading the full forecast.

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