Analyst firm IoT Analytics estimates that the global base of 5G connected devices, both IoT and non-IoT, will reach 1.2 billion by 2025, rising from around 11 million devices in 2020. Meanwhile, the GSA’s Market Snapshot of August 2020 reports that there are now 92 commercial 5G networks operating in 38 countries demonstrating that there is now a large significant base of markets that have 5G coverage available for industries to exploit.