Kore Investor Presentation Deck
KORE is well positioned in the early innings of an exciting
growth opportunity in loT
IoT Market ($bn)
Devices (bn)
12%
10%
2020
$382B
$78B $269B
$35B
12%
40%
26%
Connected Devices = 22 billion
IoT Devices = 12 billion
18.9% CAGR
Applications & Platforms
15.8% CAGR
5%
$250B
2025
$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
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