Telefónica ranks again among the top global IoT market leaders, according to Transforma Insights

Communications Service Provider (CSP) IoT Peer Benchmarking 2024

July 2024 – Analyst: Matt Hatton

Logo Transforma Insights

What analysts say:

  • There are three main categories of leading CSPs for IoT. At the very apex of the diamond are the major mobile network operators, led by Vodafone and followed closely by DT IoT, NTT, Telefónica, AT&T and Verizon. The second category of market leaders are those that have focused exclusively on providing excellence in a narrow element of pure cellular connectivity, largely ignoring devices or much in terms of customisation for the enterprise client. This group includes 1NCE, emnify and floLIVE. Finally there is a group of CSPs that straddles the two camps, in some cases with equally capable connectivity offerings, but typically married with a more complete set of capabilities around ‘IoT services’. This group comprises Eseye, KORE, Soracom, Telenor, Telit Cinterion and Wireless Logic.
  • Overall, the top 10 leaders in IoT connectivity are: Vodafone, Telenor, floLIVE, Wireless Logic, 1NCE, DT IoT, emnify, NTT, Eseye, and Telefonica. The top 10 leaders in IoT services are: Telefonica, AT&T, NTT, Vodafone, DT IoT, KORE, Verizon, Telit Cinterion, Eseye, and Wireless Logic. And the report notes an honourable mention for Soracom which just misses out on both of these lists, but has a strong proposition across both.

More information:

Matt Hatton
Founding Partner, Transforma Insights

Telefónica Centenary logo Celebrate with us the Telefónica Centenary
START THE ADVENTURE