Verizon named a leader in Gartner® Magic Quadrant™ IoT report, marking third recognition after Private Network, Global WAN reports

At a glance

• Triple leadership: Verizon is the only U.S.-based telecom named a “Leader” in three major Gartner reports: Managed IoT, 4G/5G Private Mobile, and Global WAN.
• Assessment criteria: Recognition in the Managed IoT category was based on Gartner’s rigorous evaluation of Verizon’s ability to execute and completeness of vision.
• Robust IoT portfolio: Verizon was highlighted for its comprehensive IoT offerings, including AI-driven SaaS, advanced eSIM orchestration, global networking, and secure device management.

NEW YORK—Verizon has been named a Leader in this year’s Gartner Magic Quadrant for Managed IoT Connectivity Services, Worldwide, following recognition as a Leader in this year’s 4G and 5G Private Mobile Services and Global WAN services reports. For the second year in a row, it is the only U.S.-headquartered telecommunications company to be named a Leader in all three reports.

“We feel that being the only U.S.-headquartered telco named a Leader in each of these three reports reflects the comprehensive converged-solutions capability Verizon is providing customers during a period of unprecedented technological evolution,” said Daniel Lawson, Senior Vice President, Global Solutions, Verizon Business.

“As AI redefines the data-networking stack, tightly integrated networking capabilities spanning IoT and device, infrastructure and data, and wireless and fiber have never been more important. Verizon provides the robust portfolio and expert orchestration to get customers to the outcomes they need for their business.”

The recognition in the Managed IoT Magic Quadrant is based on a combined assessment of Ability to Execute and Completeness of Vision related to Verizon’s activity in the worldwide IoT connectivity services market.

Magic Quadrant market definition

Verizon Business offerings in the IoT connectivity services space include:

• IoT solutions, such as AI SaaS, tracking and monitoring (5G Video Insights, Sensor Insights, and Asset Tracking), connected vehicles (Verizon Edge Transportation Exchange), fleet management, and Intelligent Lighting
• IoT networking, such as Private 5G Network integration, LTE for Category M1 and Narrowband IoT, 5G RedCap, satellite, and Global IoT Orchestration
• IoT platforms and services, such as zero-touch eSIM provisioning; security services; the ThingSpace IoT platform, for 360 management and provision of connections and solutions; and ThingSpace Intelligence, providing proactive device and data insights to fuel AI models.
• IoT devices, including device certification, the Verizon Open Development portal, and ThingSpace device marketplace

Market definition: Managed IoT connectivity services

Gartner defines managed IoT connectivity services as “a market that enables secured

connectivity, data collection, analysis and additional decision services. Managed IoT

connectivity services are delivered fully managed, including dedicated help desk and

project and service management capabilities, although hybrid managed and self-managed could also apply as delivery models.”

Mandatory IoT features assessed in the Gartner report include:

• Logistics management—Oversees contract-to-provision procurement and automated servicing of connectivity, hardware and IoT devices, plus reverse logistics and endpoint resale.
• IoT connectivity management portal—Centralized interface for provisioning, change/incident/problem workflows, inventory, performance monitoring, rule-based SIM actions, automation, reporting and security settings.
• Service management and support—Tracks and manages network contracts, assets, and usage; audits performance and SLAs; optimizes expenses; governs service delivery; and provides multilevel technical and on-site support.
• SIM and subscription management—Enables over-the-air (OTA) SIM control (eSIM, iSIM, multi-IMSI), zero-touch provisioning, LPWA-optimized battery profiles, interoperability, multirouting, hybrid deployments and usage analytics.
• Security management—Enforces identity, policy-based access, encryption and secure service consumption; includes change management, APN/VPN, private LTE/5G, security operations center (SOC) analytics and seamless handover.

Common features include device management, application management, multisourcing service integration, data and analytics, and private mobile networks interoperability, and more, as outlined in the full report.

Evaluation criteria

For Ability to Execute, “Gartner evaluates a provider’s Ability to Execute in the managed IoT connectivity services market by assessing how effectively its processes, systems and service delivery meet the complex, global demands of modern connected enterprises,” according to Gartner.

Gartner evaluation criteria for Ability to Execute puts “high” weighting on Customer Experience (including “how effectively products and support programs help clients achieve their desired business outcomes”), Sales Execution/Pricing, Product/Service (including “a provider’s comprehensive portfolio of cellular, LPWAN, satellite and private network solutions alongside advanced eSIM orchestration,” as well as “value-added IT services, robust partner ecosystems and proven innovation in AI/ML and security”), and Operations.

“Medium” weighting is placed on Market Responsiveness/Record and Marketing Execution.

For Completeness of Vision, Gartner evaluates “by assessing its ability to anticipate evolving enterprise requirements, shape market changes and drive innovation beyond baseline connectivity.”

Gartner evaluation criteria puts “high” weighting on the following for Completeness of Vision: Market Understanding, Offering (Product) Strategy, Sales Strategy, Innovation, Vertical/Industry Strategy, and Geographic Strategy.

“Medium” weighting is placed on Marketing Strategy and Business Model.

Learn more about IoT offerings from Verizon Business

Gartner, Magic Quadrant for 4G and 5G Private Mobile Network Services, Sylvain Fabre, Frank Marsala, et al., 5 March 2026.

Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide, Pablo Arriandiaga, Kameron Chao, Jon Dressel, 4 May 2026 

Gartner, Magic Quadrant for Global WAN Services, Gaspar Valdivia, Karen Brown, Katja Ruud, 16 March 2026

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