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Stock impact report

New Omdia Research States That Cellular IoT Data Traffic Will Reach 218.6 Exabytes by 2035 [Yahoo! Finance]

TechTarget, Inc. (TTGT) 
Last techtarget, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.techtarget.com
Company Research Source: Yahoo! Finance
to rise to 218.6 exabytes (EB) by 2035, according to Omdia 's latest research . This increase is fueled by a growing demand for data that can be analyzed, with the goal of improving operational efficiency and creating new revenue opportunities for businesses. The research revealed that the majority of cellular IoT data traffic will come from the automotive sector, with key use cases including infotainment services such as video and audio streaming, as well as firmware over-the-air updates. Over the forecast between 2025 to 2035, automotive data traffic will rise from 30.7 EB to 135.4 EB, driven by the integration of infotainment systems in newer vehicles and rising consumer adoption of these services, many of which are expected to rely on 5G connectivity. According to the report, transport and logistics are poised to become the next major sector for cellular IoT data traffic, while all other sectors combined will contribute less than 29% of the total traffic beyond 2025. Alexander Show less Read more
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