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Verizon is a leader among service providers for IoT, particularly in North America. It is the second-largest player in the US in terms of IoT connections and revenues and the sixth-largest CSP IoT provider globally.


  • Verizon offers end-to-end and modular IoT solutions through a mixture of in-house developed solutions and key partners, which are explored in this report.
  • The company benefits from a sharp focus on several IoT verticals: fleet, smart cities, utilities, and asset management. It has taken a tiered approach, identifying primary and secondary verticals. Verizon Connect and Smart Communities have their own P&Ls, and Verizon has made key acquisitions to strengthen its position in these verticals.

Features and Benefits

  • Provides key KPIs, timeline, partnerships, and technology/IP strategies for Verizon's IoT business
  • Evaluates Verizon's IoT go-to-market approach and reviews the strengths and weaknesses of its overall IoT strategy
  • Includes a detailed assessment of Verizon's approach to key vertical markets, as well as partners and customers
  • Includes recommendations for Verizon, other service providers, and partners

Key questions answered

  • What is Verizon's positioning in the IoT market and how does its strategy differ from those of peer competitors?
  • What are the key elements of Verizon's technology strategy for IoT?
  • Which major IoT verticals is Verizon targeting, how, and why?
  • What investments and partnerships has Verizon committed to in the IoT sector?

Table of contents


  • Introduction
  • Download 1: IoT Service Provider Strategy Profile: Verizon