Key Takeaways
- The IoT connectivity management platform market is projected to grow from USD 1 billion in 2024 to over USD 1.8 billion by 2029.
- Approximately 31% of global IoT connections are managed by connectivity management platforms, with the eSIM adoption expected to rise from 10% to 24% by 2029.
- Comarch ranks third in global managed SIM cards and offers scalable solutions through its IoT Connect platform, supporting diverse business models.
Growing IoT Connectivity Management Landscape
The IoT connectivity management platform (CMP) and eSIM solutions market is witnessing significant growth. A recent report by Berg Insight reveals that the number of active cellular IoT connections reached 3.8 billion in 2024, with an anticipated increase to 6.5 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11%.
The report indicates that, outside of China, CMPs currently manage 31% of all IoT connections. The CMP market was valued at USD 1 billion in 2024 and is expected to exceed USD 1.8 billion by 2029. A key area of development is eSIM technology, which is now used in 10% of IoT devices, projected to grow to 24% by 2029 due to the simplification of integration processes under the new SGP.32 specification.
The analysis includes key providers in the IoT market essential for meeting the cellular IoT solutions demand. Among the featured vendors is Comarch, which specializes in designing and integrating innovative IT services across various sectors, including telecommunications, finance, and public administration. Comarch’s operational and business support systems (OSS/BSS) portfolio includes essential functionalities such as eSIM management and connectivity analytics.
The Comarch IoT Connect platform, established in 2010, is recognized for effectively managing connectivity across multinational and multi-operator environments. It is designed for flexibility, featuring a modular architecture. According to the report, Comarch ranks third worldwide in managed SIM cards, with over 60 million SIMs managed by the end of 2024 across clients like A1 Telekom Austria and Saudi Telecom Company.
Comarch’s offerings range from design and integration to consulting and managed hosting, supported by its global data center network. The IoT Connect platform is available in various service models, including SaaS and IaaS, catering to client needs for control and scalability. Comarch places strong emphasis on research and development to drive innovation throughout its suite of technologies.
In an increasingly connected world, CMPs play a crucial role in ensuring the scalability, security, and efficiency of cellular IoT deployments. As the number of IoT devices continues to rise, CMPs facilitate seamless connectivity, simplify operations, and accelerate market entry for IoT services. Comarch IoT Connect exemplifies a transformative solution, offering the necessary tools for efficient management of IoT services, SIMs, and eSIMs, while supporting flexible billing models and operational reliability.
The content above is a summary. For more details, see the source article.
