The big supply-side story from the Internet of Things (IoT) in 2019 was the rise of Chinese vendors to the number 1 position in cellular module shipments and revenue, for the first time.

Today’s machine-to-machine (M2M) module market was more than 20 years in the making, and the casual technology observer may be forgiven for thinking that there is nothing much that is new to say about it. But in a new report, ABI Research reveals the changing fortunes of cellular M2M module vendors.

Hybrid industrial cloud adoption will more than double over the next five years at a respectable 21.1 percent compound annual growth rate (CAGR), according to a new report by ABI Research. The virtualization of business-critical infrastructure is transforming the production and distribution of goods and services throughout the supply chain as industrial organizations shift focus from private to public and ultimately hybrid cloud deployments that connect and integrate on-premise resources with cloud resources.