Kore Investor Presentation Deck slide image

Kore Investor Presentation Deck

KORE is well positioned in the early innings of an exciting growth opportunity in loT 2025 IoT Market ($bn) Devices (bn) 12% 10% 2020 $382B $78B $35B 12% $269B 40% 26% Connected Devices = 22 billion 18.9% CAGR IoT Devices = 12 billion Applications & Platforms 15.8% CAGR 5% $250B $906B $48B 10% ■Managed Services 21% $608B 7% 57% Connected Devices = 37 billion 50.5% CAGR ■ Connectivity TVs 24.6% CAGR lot Devices = 25 billion M2M loT Smartphones Other PC / Tablets Source: GSMA (loT Revenue: State of the Market 2020); Ericsson (Mobility Report 2020); Cisco Annual Internet Report Highlights Tool 2020; IDC (Worldwide 5G Connections Forecast, 2019-2023) and KORE Forecasts KORE ~$7 Trillion 2% 2030 5% 3% 12% 78% Connected Devices = 91 billion lot Devices = 75 billion 9
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