INTERESTED IN THIS RESEARCH?
Contact our analysts for inquiries, samples, and expert insights.
REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 24.35 Billion By 2029 | 25.7% | Asia Pacific |
| By Component | By Technology | By Application |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Cellular IoT Market Overview
The Global Cellular Iot Market Was Valued At 4.91 Billion In 2022 And Is Projected To Reach 24.35 Billion By 2029, Growing At A CAGR Of 25.7% From 2022 To 2029
Cellular IoT refers to the method of connecting physical objects to the internet from any location on Earth. The most recent cellular technologies are LPWA (Low Power Wide Area), LTE-M, 3G, 4G, and 5G, as well as NB-IoT and LTE-M. Benefits including ubiquitous coverage, dependable IoT device connectivity, and cost-effective hardware are all provided—all of which are essential for cellular IoT characteristics. Built-in connectivity in smartphones and other IoT gadgets makes using them easier, lowers infrastructure costs, and improves the quality of long-distance talks. Smartphones, sensors, scanners, and other IoT devices are a few examples.
| ATTRIBUTE | DETAILS |
| Study period | 2022-2029 |
| Base year | 2022 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD BILLION) |
| Segmentation | By component, technology, application, platform, and By Region. |
| By Component |
|
| By Technology |
|
| By Application |
|
| By Region |
|
Increase in demand for extended network coverage, growth in company expansion beyond mobile broadband, and the requirement to support a high number of connected devices among enterprises around the world. The primary drivers anticipated to propel the growth of the worldwide cellular IoT market include the increase in digitalization across industries in a variety of verticals, including manufacturing, automotive, and energy & utilities.
Cellular IoT Market Segment Analysis
Based on component, technology, application, and region, the global market for cellular IoT is divided into these categories.
Based on component types, the global cellular IoT market is divided into two main classes: hardware and software. The foundation of the entire cellular IoT ecosystem is made up of hardware elements like chipsets and cellular IoT modules. The expansion of the hardware market is anticipated to be fueled by the expanding use of cellular IoT modules in wearables, linked healthcare devices, smart city infrastructure, and building automation projects.
The market has been divided into 2G, 3 G, 4G, LTE-M, NB-LTE-M, NB-IoT, and 5G segments depending on technology. As it offers low-cost certificates and modem alternatives and has the most users worldwide, 2G held the greatest market share in terms of revenue among these in 2016. Though standards and technologies for machine-to-machine and IoT connections are rapidly expanding and providing cutting-edge and effective cellular services, 2G is anticipated to lose ground shortly. While 5G technology is still being developed, it is predicted to grow the fastest since it will support a wide range of applications and provide a lot of bandwidth for high-speed ones.
Cellular IoT Market Players
The major players operating in the global Cellular IoT industry include the major market players Commsolid GmbH, Gemalto NV, Mediatek Inc., Mistbase Communication System, Qualcomm Incorporated, Sequans Communication, Sierra Wireless, Telit Communications PLC, Texas Instruments, U–Blox Holding AG, ZTE Corporation and others.
Recent Developments:
21 August 2022: MediaTek launched a 5G chip aimed at gaining US market share. This new modem chip, called the M80, will also support millimeter-wave technology, which is being used by U.S. carriers such as Verizon Communications Inc.
8 November 2022: For Incredible Performance and Unmatched Power Savings MediaTek Launched Flagship Dimensity 9200 Chipset. It is the latest 5G chipset powering the next era of flagship smartphones.
Who Should Buy? Or Key stakeholders
- Manufacturing
- End-Use Industries
- BFSI
- Mining & Metal
- Manufacturing & Construction
- Regulatory Authorities
- Research Organizations
- Metal Processing Industries
- Telecommunication
Cellular IoT Market Regional Analysis
Geographically, the Cellular IoT market is segmented into North America, South America, Europe, APAC, and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
- South America: includes Brazil, Argentina, and the Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
As a result of the vast number of semiconductor dealers in nations like China and India, the Asia Pacific region is predicted to have the greatest rate of growth for the cellular IoT market. Also, the increased investment in IoT technology in the region together with the growing entry of technology businesses is anticipated to accelerate market expansion.
Governments in Asian nations like India are starting several smart infrastructure projects and showing interest in the cellular IOT industry. Governments in India, Japan, China, Korea, Malaysia, and Singapore have supported national cellular IoT plans, which are anticipated to further support the expansion of the cellular IoT market in these nations.
Key Market Segments: Cellular IoT Market
Cellular Iot Market By Component, 2020-2029, (USD Billion)
- Hardware
- Software
- Services
Cellular Iot Market By Technology, 2022-2029, (USD Billion)
- 2g
- 3g
- 4g
- Lte-M
- Nb-Lte-M
- Nb-Iot
- 5g
 Cellular Iot Market By Application, 2022-2029, (USD Billion)
- Alarms & Detectors
- Smart Appliances
- Smart Metering
- Smart Parking
- Smart Street Light
- Surveillance & Monitoring
- Trackers
- Wearable Devices
Cellular Iot Market By Platform, 2022-2029, (USD Billion)
- Space
- Land
- Naval
- Airborne
Cellular Iot Market By Region 2022-2029, (USD Billion)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the cellular IoT market over the next 7 years?
- Who are the major players in the cellular IoT market and what is their market share?
- What are the end-user industries driving demand for the market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, the Middle East, and Africa?
- How is the economic environment affecting the cellular IoT market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the cellular IoT market?
- What is the current and forecasted size and growth rate of the global cellular IoT market?
- What are the key drivers of growth in the cellular IoT market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the cellular IoT market?
- What are the technological advancements and innovations in the cellular IoT market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the cellular IoT market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the cellular IoT market?
- What are the product offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL CELLULAR IOT MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON THE CELLULAR IOT MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL CELLULAR IOT MARKET OUTLOOK
- GLOBAL CELLULAR IOT MARKET BY COMPONENT, 2020-2029, (USD BILLION)
- HARDWARE
- SOFTWARE
- SERVICES
- GLOBAL CELLULAR IOT MARKET BY TECHNOLOGY, 2020-2029, (USD BILLION)
- 2G
- 3G
- 4G
- LTE-M
- NB-LTE-M
- NB-IOT
- 5G
- GLOBAL CELLULAR IOT MARKET BY APPLICATION, 2020-2029, (USD BILLION)
- ALARMS & DETECTORS
- SMART APPLIANCES
- SMART METERING
- SMART PARKING
- SMART STREET LIGHT
- SURVEILLANCE & MONITORING
- TRACKERS
- WEARABLE DEVICES
- GLOBAL CELLULAR IOT MARKET BY REGION, 2020-2029, (USD BILLION) (THOUSAND UNIT)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- COMMSOLID GMBH
- GEMALTO NV
- MEDIATEK INC.
- MISTBASE COMMUNICATION SYSTEM
- QUALCOMM INCORPORATED
- SEQUANS COMMUNICATION
- SIERRA WIRELESS
- TELIT COMMUNICATIONS PLC
- TEXAS INSTRUMENTS
- U–BLOX HOLDING AG
- ZTE CORPORATION *THE COMPANY LIST IS INDICATIVE
 LIST OF TABLES
TABLE 1Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 3Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY REGION (USD BILLION) 2020-2029
TABLE 5Â Â Â Â Â NORTH AMERICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â NORTH AMERICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 7Â Â Â Â Â NORTH AMERICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â NORTH AMERICA CELLULAR IOT MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 9Â Â Â Â Â US CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 10Â Â Â US CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 11Â Â Â US CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 12Â Â Â CANADA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 13Â Â Â CANADA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 14Â Â Â CANADA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 15Â Â Â MEXICO CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 16Â Â Â MEXICO CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 17Â Â Â MEXICO CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 18Â Â Â SOUTH AMERICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 19Â Â Â SOUTH AMERICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 20Â Â Â SOUTH AMERICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 21Â Â Â SOUTH AMERICA CELLULAR IOT MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 22Â Â Â BRAZIL CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 23Â Â Â BRAZIL CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 24Â Â Â BRAZIL CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 25Â Â Â ARGENTINA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 26Â Â Â ARGENTINA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 27Â Â Â ARGENTINA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 28Â Â Â COLOMBIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 29Â Â Â COLOMBIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 30Â Â Â COLOMBIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 31Â Â Â REST OF SOUTH AMERICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 32Â Â Â REST OF SOUTH AMERICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 33Â Â Â REST OF SOUTH AMERICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34Â Â Â ASIA-PACIFIC CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 35Â Â Â ASIA-PACIFIC CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 36Â Â Â ASIA-PACIFIC CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 37Â Â Â ASIA-PACIFIC CELLULAR IOT MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 38Â Â Â INDIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 39Â Â Â INDIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 40Â Â Â INDIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 41Â Â Â CHINA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 42Â Â Â CHINA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 43Â Â Â CHINA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 44Â Â Â JAPAN CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 45Â Â Â JAPAN CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 46Â Â Â JAPAN CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 47Â Â Â SOUTH KOREA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 48Â Â Â SOUTH KOREA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 49Â Â Â SOUTH KOREA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 50Â Â Â AUSTRALIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 51Â Â Â AUSTRALIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 52Â Â Â AUSTRALIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 53Â Â Â SOUTH-EAST ASIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 54Â Â Â SOUTH-EAST ASIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 55Â Â Â SOUTH-EAST ASIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56Â Â Â REST OF ASIA PACIFIC CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 57Â Â Â REST OF ASIA PACIFIC CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 58Â Â Â REST OF ASIA PACIFIC CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 59Â Â Â EUROPE CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 60Â Â Â EUROPE CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 61Â Â Â EUROPE CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 62Â Â Â EUROPE CELLULAR IOT MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 63Â Â Â GERMANY CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 64Â Â Â GERMANY CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 65Â Â Â GERMANY CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 66Â Â Â UK CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 67Â Â Â UK CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 68Â Â Â UK CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 69Â Â Â FRANCE CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 70Â Â Â FRANCE CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 71Â Â Â FRANCE CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72Â Â Â ITALY CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 73Â Â Â ITALY CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 74Â Â Â ITALY CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 75Â Â Â SPAIN CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 76Â Â Â SPAIN CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 77Â Â Â SPAIN CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 78Â Â Â RUSSIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 79Â Â Â RUSSIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 80Â Â Â RUSSIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 81Â Â Â REST OF EUROPE CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 82Â Â Â REST OF EUROPE CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 83Â Â Â REST OF EUROPE CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 84Â Â Â MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 85Â Â Â MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 86Â Â Â MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 87Â Â Â MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 88Â Â Â UAE CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 89Â Â Â UAE CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 90Â Â Â UAE CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 91Â Â Â SAUDI ARABIA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 92Â Â Â SAUDI ARABIA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 93Â Â Â SAUDI ARABIA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 94Â Â Â SOUTH AFRICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 95Â Â Â SOUTH AFRICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 96Â Â Â SOUTH AFRICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 97Â Â Â REST OF THE MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 98Â Â Â REST OF THE MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 99Â Â Â REST OF THE MIDDLE EAST AND AFRICA CELLULAR IOT MARKET BY APPLICATION (USD BILLION) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY COMPONENT, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â GLOBAL CELLULAR IOT MARKET BY TECHNOLOGY, USD BILLION, 2020-2029
FIGURE 10Â Â Â GLOBAL CELLULAR IOT MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 11Â Â Â GLOBAL CELLULAR IOT MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12   PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â GLOBAL CELLULAR IOT MARKET BY COMPONENT, USD BILLION, 2021
FIGURE 14Â Â Â GLOBAL CELLULAR IOT MARKET BY TECHNOLOGY, USD BILLION, 2021
FIGURE 15Â Â Â GLOBAL CELLULAR IOT MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 16Â Â Â GLOBAL CELLULAR IOT MARKET BY REGION, USD BILLIONÂ 2021
FIGURE 17Â Â Â MARKET SHARE ANALYSIS
FIGURE 18Â Â Â COMMSOLID GMBH: COMPANY SNAPSHOT
FIGURE 19Â Â Â GEMALTO NV: COMPANY SNAPSHOT
FIGURE 20Â Â Â MEDIATEK INC.: COMPANY SNAPSHOT
FIGURE 21Â Â Â MISTBASE COMMUNICATION SYSTEM: COMPANY SNAPSHOT
FIGURE 22Â Â Â QUALCOMM INCORPORATED: COMPANY SNAPSHOT
FIGURE 23Â Â Â SEQUANS COMMUNICATION: COMPANY SNAPSHOT
FIGURE 24Â Â Â SIERRA WIRELESS: COMPANY SNAPSHOT
FIGURE 25Â Â Â TELIT COMMUNICATIONS PLC: COMPANY SNAPSHOT
FIGURE 26Â Â Â TEXAS INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 27   U–BLOX HOLDING AG: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â ZTE CORPORATION: COMPANY SNAPSHOT
FAQ
The global cellular IoT market was valued at 5.31 billion in 2022 and is projected to reach 18.59 billion by 2029, growing at a CAGR of 19.6% from 2022 to 2029
Based on product, technology, application, platform, and region the cellular IoT market reports divisions are broken down.
The global cellular IoT market registered a CAGR of 25.7% from 2022 to 2029. The industry segment was the highest revenue contributor to the market.
The Asia Pacific region is estimated to experience the highest rate of growth in the cellular IoT market. Due to a large number of semiconductor dealers in countries like China and India. Additionally, it is projected that the expanding entry of technology companies into the region along with the increased investment in IoT technology will hasten market progress.
In-Depth Database
Our Report’s database covers almost all topics of all regions over the Globe.
Recognised Publishing Sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales
support.
Safe & Secure
Complete secure payment
process.