Soracom named a Leader in the Omdia Market Radar: IoT MVNOs 2026
Omdia moved Soracom from Challenger to Leader, and rated it Advanced in both connectivity and core network. No other vendor in the study earned both.
From Challenger to Leader
Omdia narrowed a field of more than 25 IoT MVNOs to the ten it identified as key vendors, then rated each across nine capability areas, from market traction and devices to core network, security, and innovation. In the 2026 edition, Omdia observes that Soracom had “an impressive 2025, catapulting it into the leaders’ quadrant.”
Advanced: Core Network
A fully virtualized core running on AWS since 2015. Omdia credits the architecture with maximizing operational efficiency and resilience.
Advanced: Connectivity
Cellular, LPWAN, and satellite managed side by side on one platform, across 200+ countries and territories.
“Arguably the most AI-forward IoT MVNO”
Omdia calls Soracom’s ability to blend AI into an IoT framework impressive, and its speed to market proof of a highly agile technology player.
Get Omdia’s full evaluation of Soracom
When we built Soracom’s core network as software running in the public cloud in 2015, the prevailing view was that a carrier core belonged in a data center. Omdia’s evaluation recognizes what that decision makes possible.
Kenta Yasukawa CTO, Soracom Q & A on this OMDIA Market Radar Report
An evaluation of the IoT MVNO market by analyst firm Omdia, published April 2026 and authored by John Canali, Andrew Brown, and Alexander Thompson. Omdia profiles the ten IoT MVNOs it considers key vendors and places each as a Leader or Challenger.
As a Leader, up from Challenger in 2025. Soracom was the only vendor rated Advanced in both connectivity and core network.
Soracom Connectivity Hypervisor, its SGP.32-compatible eSIM orchestration service, reached general availability in July 2026, alongside new releases in identity, voice, automotive, and AI.
Omdia gathered information through a detailed RFI questionnaire, vendor briefings, and secondary research. It then rated each vendor in nine capability areas as Advanced, Broad, Functional, or Partial.
Omdia notes that Soracom’s services can be selected on a pay-per-use basis, offering options more like a cloud provider than just prepaid and postpaid structures typical of IoT MVNOs and MNOs.
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