Cellular IoT is set for robust growth over the next decade, with 5G RedCap (Reduced Capability) becoming the dominant connectivity technology for low-power wide-area networks (LPWANs).

According to ReTHINK Research, the 5G RedCap standard and extended variants (RedCap and eRedCap) will account for almost one third (30.17%) of all cellular IoT connections by 2030. The growth will come largely at the expense of retiring 2G networks and slowly declining 4G IoT...