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Stock impact report

Omdia Forecasts Cellular IoT Connections to Reach 5.9 Billion by 2035

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: Business Wire
LONDON--(BUSINESS WIRE)--The cellular IoT market is poised for significant growth in the coming years, with connections expected to surge to 5.9 billion by 2035, as revealed by new research from Omdia.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251208399944/en/Cellular IoT module shipments by region, 2025-35This in-depth study highlights the transformative impact of 5G technologies on the cellular IoT landscape, identifying three pivotal technologies as primary growth drivers: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules.5G eRedCap: Launch momentum to build in 2026The research highlights 5G RedCap as a transformative development, with adoption projected to gain momentum starting in 2025. Positioned as the optimal mid-tier connectivity solution, RedCap caters to 5G devices that do not require the advanced specifications of Ultra-Reliable Low Latency Communications (uRLLC) or Enhanced Mobile Broadband (eMBB). Show less Read more
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