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The multi-trillion-dollar 'hidden' revolution. How better IoT connectivity could drive AI's success and unlock the world's economy

Writer: Brian O'Neill
Brian O'Neill
Jul 10
3 min read
  •  676 IoT decision surveyed for international IoT connectivity report

  •  Businesses increasingly shifting from domestic tech deployment to internationally connected devices

  • Skills and expertise shortage the single largest obstacle to successful IoT deployments


The world could be on the verge of a connectivity revolution by 2030, according to new research from IoT firm Pelion, but the race to embrace is being held back by security, skills and scaling concerns.

676 IoT decision-makers in major businesses across the world and spanning multiple industry

groups, (255 in the UK), were questioned for The Connected Fleet 2026, produced by Pelion in

partnership with ABI Research.


The rapid development of AI, combined with an increasingly global marketplace for growth-

hungry companies and IoT solution providers means effective, consistent cellular connectivity

has become essential infrastructure for businesses in a multitude of industries – enabling

organisations to track assets across the world, monitor performance remotely, optimise supply

chains and respond faster to operational issues wherever and whenever they occur.

The findings reveal enterprise IoT deployments are rapidly becoming international, forcing

organisations to rethink how they manage connectivity, security and operations at scale. Among

the headline findings, respondents expect the proportion of internationally connected devices within their fleets to rise from 29 percent today to 49 percent by 2030, reflecting a significant

shift away from domestically focused IoT deployments.


Meanwhile, adoption of eSIM technology continues to accelerate. The report forecasts that

SGP.32-compliant profile downloads — the first eSIM standard designed specifically for IoT

deployments — will account for 45 percent of deployments by 2030, up from just 7.6 percent

today. Recent estimates from McKinsey 1 suggest up to $12.6 trillion in Annual Economic Value could

be unlocked by 2030 if current momentum behind IoT adoption continues. The figure represents

the equivalent of more than a tenth of global economic output, driven primarily be significant

improvements in productivity, strengthened supply chains, reduced downtimes and broader

operational efficiencies.


Despite the positive outlook, shortage of expertise emerged as the single largest obstacle to

successful deployments, with 60 percent of respondents reporting that a lack of internal or

external knowledge delays or blocks projects — ahead of budget constraints and connectivity

issues.


The study also found that operational complexity, rather than network coverage itself, is now the

largest ongoing challenge facing enterprise IoT programmes. Nearly two-thirds (65 percent) of

respondents identified managing deployments outside their core coverage area as their biggest

scaling issue, compared with 41 percent citing coverage limitations.


Security concerns are also intensifying as deployments mature. Almost one in four

organisations (24.6 percent) experienced an IoT-related security incident during the past year,

with 30 percent of those incidents resulting in losses exceeding $100,000 and 8 percent

exceeding $1 million.


The research also points to major changes in how organisations plan to buy and manage

cellular connectivity in future. More than three quarters (77 percent) of respondents not currently

using a mobile virtual network operator (MVNO) said they would consider one for their next

deployment, citing flexibility, simplified management and access to multiple networks as key

drivers.


Dave Weidner, CEO of Pelion, said:


“Connectivity itself is no longer the difficult part of enterprise IoT. The challenge comes when

enterprise customers take their fleets internationally, grow in scale, and operate across multiple

networks, jurisdictions and regulatory environments. Organisations are increasingly looking for

partners that can simplify that operational complexity rather than add to it.” 


“The potential for an IoT revolution is significant, but only if we can overcome some of the

critical infrastructure, security and expertise barriers holding deployment back. If we can

overcome some of the short-term challenges, the future of enterprise IoT connectivity will be

increasingly borderless, managed and eSIM-enabled, with buyers placing greater emphasis on security architecture, advisory services and unified management platforms when selecting

connectivity providers.” 


References

through-2030-where-and-how-to-capture-it


About Pelion

Pelion is Dear Green Media PR and media client and an IoT MVNO powered by decades of industry experience. Founded in Scotland as one of the first IoT-focused MVNOs as Stream Technologies in 2000, Pelion now boasts more than 1,000 enterprise clients across a wide range of industries.


With a proven track record of being first to market with technologies such as LPWAN, eSIM and

5G, Pelion has always been at the heart of IoT connectivity providing customers with what they

need most.


Media Contact

Brian O’Neill

Director

Dear Green Media

T: 07903487476

 
 
 

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