The size of the IoT networking solutions market will grow to $1 trillion by 2022 from $392.1 billion in 2017 — with 21.6 percent CAGR for the period of 2017-2022.
Short-range IoT wireless technology market will grow to $912 billion by 2022 from $341.9 billion in 2017 — with a CAGR of 21.7 percent for the period of 2017-2022.
Long-range IoT wireless technology market will grow to $132.3 billion by 2022 from $50.2 billion in 2017 — with a CAGR of 21.4 percent for the period of 2017-2022.