Global Cellular IoT Connections to Reach 5.9 bn by 2035 as 5G Advanced Accelerates Growth

The cellular IoT market is entering a new growth phase as enterprises increasingly connect machines, vehicles, sensors, and industrial assets over 4G and 5G networks. According to the latest Ericsson Mobility Report, global cellular IoT connections reached approximately 4.3 billion in 2025, with broadband IoT (4G/5G) becoming the largest segment while massive IoT technologies such as NB-IoT and LTE-M continue to expand rapidly. The commercial rollout of 5G Standalone networks is expected to acce