The Surge of Low-Power IoT Devices and the MSP Opportunity Ahead

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Please grab key insights from the article as over 490 million low-power IoT connections reshape industries by 2028. Don't miss out on valuable information that could transform the way we connect and innovate. Read on!

The adoption of low-power Internet of Things (IoT) devices is expected to surge, with a forecast of over 490 million roaming connections by 2028, a significant increase from the current 90 million. Juniper Research attributes this growth to the rise in bilateral roaming agreements among telecommunications carriers. Use cases for low-power networks, including Narrowband-IoT (NB-IoT) and Long-term Evolution for Machines (LTE-M), span various industries such as agriculture, oil and gas, manufacturing, and healthcare.

One challenge faced by organizations deploying IoT devices is power consumption, but low-power IoT devices offer a solution by enabling remote control over device activation, reducing overall energy requirements. As 5G bandwidth rates rise to 10 gb/s, the proliferation of wireless devices presents opportunities for managed service providers (MSPs) to monitor and secure these connections.

While carriers will manage many network connections, organizations are increasingly building private 5G networks for dedicated bandwidth, improved coverage, and enhanced security. The demand for MSPs is rising as organizations focus more on the business benefits of IoT than on managing complex networks with thousands of endpoints.

To efficiently process and analyze data, organizations may opt to deploy applications at the network edge, requiring expertise in running, updating, and securing containers with limited resources. MSPs can offer value-added services by managing these environments end-to-end or specializing in functions like monitoring or security. Despite the potential, challenges lie in the maturation of necessary technologies and the scarcity of expertise, making it crucial for MSPs to seize the opportunity and build the required skills to navigate the evolving IoT landscape.

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