The global Cellular IoT Modules market was valued at US$ 16.88 billion in 2023 and is projected to reach US$ 20.82 billion by 2030, at a CAGR of 23.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cellular IoT solutions are new standards defined by the 3GPP Group to answer requirements such as low power, long range and low data rate usage. Two standards currently exist - LTE Cat.M1 and NB-IoT - which can be applied to a number of different applications.
This report aims to provide a comprehensive presentation of the global market for Cellular IoT Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cellular IoT Modules. This report contains market size and forecasts of Cellular IoT Modules in global, including the following market information:
- Global Cellular IoT Modules Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Cellular IoT Modules Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five Cellular IoT Modules companies in 2023 (%)
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Cat M1 Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Cellular IoT Modules include Murata, u-blox AG, Digi, Fibocom, Gemalto, GosuncnWelink, Multi-Tech Systems Inc, Neowa and Nordic Semiconductor, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Cellular IoT Modules manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cellular IoT Modules Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Cellular IoT Modules Market Segment Percentages, by Type, 2023 (%)
- Cat M1
- Cat NB1
- GPRS
- Cat NB2
Global Cellular IoT Modules Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Cellular IoT Modules Market Segment Percentages, by Application, 2023 (%)
- Smart Home Appliances
- Automobile
- Industrial Control
- Consumer Electronics
- Other
Global Cellular IoT Modules Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Cellular IoT Modules Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Cellular IoT Modules revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Cellular IoT Modules revenues share in global market, 2023 (%)
- Key companies Cellular IoT Modules sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Cellular IoT Modules sales share in global market, 2023 (%)
key players include:
- Murata
- u-blox AG
- Digi
- Fibocom
- Gemalto
- GosuncnWelink
- Multi-Tech Systems Inc
- Neowa
- Nordic Semiconductor
- Pycom
- Quectel
- Sequans Communications
- Sercomm
- Shanghai Yuge Information Technology
- Sierra Wireless
- SIMCom
- Telit Communications
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cellular IoT Modules, market overview.
Chapter 2: Global Cellular IoT Modules market size in revenue and volume.
Chapter 3: Detailed analysis of Cellular IoT Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cellular IoT Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cellular IoT Modules capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
