https://www.techradar.com/news/gsma-mobile-operators-must-change-to-grab-dollar11tn-iot-market

Mobile operators have been told they will need to offer services and products, not just connectivity, if they are to maximise returns offered by the Internet of Things (IoT).

New figures from the GSMA industry body estimate that the IoT will offer a $1.1 trillion (£830bn) revenue opportunity by 2025. By this time, the body thinks there will be 25.2 billion connections by then, a significant increase from the 6.2 billion in 2016. Of that larger figure, 13.8 billion will be from the Industrial Internet of Things (IIoT), while 11.4 billion will be consumer connections.