Nobody can yet say for sure how the various internet of things access platforms will fare in commercial markets. Some will argue that the specialized IoT access networks using unlicensed spectrum have (and might continue to have) cost advantages over networks based on use of licensed spectrum.
Others argue that device costs and retail prices eventually will become equivalent. It is clear that “wide area” or “long range” connectivity is where the IoT wireless platforms will compete. In many “local” cases, IoT devices and apps will use existing Wi-Fi or other “close by” connections, then connect to fixed networks.
The issue for connectivity service providers is that such connections do not necessarily increase revenue for access providers.