KORE Group Holdings Inc. Unveils Investor Presentation Highlighting IoT Market Growth and Business Updates

Reuters

2025/06/03

KORE Group Holdings Inc. Unveils Investor Presentation Highlighting IoT Market Growth and Business Updates

KORE Group Holdings Inc. recently released an investor presentation highlighting significant trends and growth projections in the IoT market. The presentation reveals that the number of connected devices is anticipated to exceed 96 billion by 2030, with a compound annual growth rate $(CAGR)$ of over 20%. Additionally, the cellular IoT market is expected to expand from 3.8 billion connections currently to 6.6 billion by 2030. The eSIM market is also projected to grow, increasing from 368 million devices in 2024 to 1.6 billion by 2030, with its market share in IoT rising from 10% to 24% by 2030. The presentation further discusses KORE's global presence, with 12 offices worldwide, 45 carrier integrations, and managed services deployed across 23 countries, covering 180+ countries globally. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KORE Group Holdings Inc. published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

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