Are you ready to uncover the potential that lies at the heart of IoT connectivity? This whitepaper delves into the potential of module makers to sell integrated IoT connectivity as a complementary offering to their core hardware proposition.
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The IoT market is projected to explode in the coming years, with total value chain revenue estimated to soar from US $150 billion in 2022 to a staggering $250 billion by 2030. While hardware remains a significant player, connectivity is poised to grow even faster, driven by sectors like automotive, utilities, smart buildings and smart cities. Module makers, however, have been hesitant to explore this opportunity, given the complexities associated with licensing, regulation, logistics and more.
The whitepaper explores the benefits of integrated connectivity for both module makers and end-users. It promises recurring revenue, greater customer loyalty, and opens doors for offering additional services. For OEMs, integrated connectivity simplifies procurement, reduces logistical challenges, and enhances device reliability. But the question remains: How can module makers navigate the unfamiliar territory of connectivity? The whitepaper presents several options, including partnerships, acquisitions, and building their MVNO (Mobile Virtual Network Operator).
This whitepaper is your invitation to explore a world where the role of module makers becomes more and more important, where IoT connectivity isn’t just a complementary offering but a strategic advantage. Join us on this journey and download the full whitepaper today.
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- Source: https://www.iot-now.com/2023/10/05/137013-module-makers-and-the-rising-iot-connectivity-wave/
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