cellular iot connections and connectivity Market Report 2025 (Global Edition)

Global cellular iot connections and connectivity Market Report 2025 Market Size Split by Component Outlook: (Hardware, Software, Services), by Technology Outlook: (2G/3G, 4G, LTE-M, NB-IoT, 5G), by En...

cellular iot connections and connectivity Market Report Description

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Competitive Landscape of the Cellular IoT Connections and Connectivity Market

Prominent industry leaders are substantially enhancing their backing for IoT solutions that use satellite and 5G networks, with the objective of expediting adoption rates. This coordinated initiative entails augmenting infrastructure, improving network coverage, and refining technology to support various IoT applications. Companies are endeavouring to tackle connection issues in distant or difficult terrains by using satellite-based IoT solutions while also exploiting the high-speed, low-latency advantages of 5G networks for urban and industrial IoT applications.

In April 2021, Sierra Wireless has introduced the HL7845 Module. The module supports the 450 MHz wireless spectrum and is designed to fulfill the IoT connection requirements of utilities in Europe. (Source: https://blog.sierrawireless.com/smart-metering-solutions) In March 2021, Fibocom has introduced next-generation 5G NR modules that adhere to the 3GPP R16 standard at the Mobile World Congress Shanghai (MWC-S21). The introduction encompasses the FM150 and FG160 series of 5G modules operating in the sub-6 GHz frequency range, together with the FM160W and FG160W series designed for the mmWave spectrum. (Source: https://www.fibocom.com/en/newscenter/info_itemid_2157.html) In February 2021, Quectel introduced the second-generation RG520-F and RG520-N 5G IoT modules, which adhere to 3GPP Release 16 standards. These modules are compatible with the following bands: sub-6GHz, Time Division Duplex (TDD), Frequency Division Duplex (FDD), and Carrier Aggregation (CA). (Source: https://www.quectel.com/news-and-pr/quectel-announces-2nd-gen-of-5g-nr-modules-compliant-with-3gpp-r16-standard/)

Top Companies Market Share in cellular iot connections and connectivity Industry: (In no particular order of Rank)

• Quectel (China)
• Thales Group (France)
• Fibocom Wireless (China)
• Telit Communications (UK)
• u-blox Holding (Switzerland)
• Sierra Wireless(US)
• Qualcomm (US)
• Mediatek (Taiwan)
• UNISOC Technologies (China)
• Altair Semiconductor (Israel)
• Intel (US)
• Nordic Semiconductor (Norway)
• Murata Manufacturing (Japan)
• Sequans Communication (France)
• Analog Devices (US)
• Qorvo (US)
• AT&T (US)
• GosuncnWelink Corporation (China)
• HiSilicon Technologies (China)
• MeiG Smart Technology (China)
• Neoway Technology (China)
• Sercomm Corporation (Taiwan)
• Skyworks (US)
• Xiamen CHEERZING IoT Technology (China)
• Commsolid (Goodix Technology (Germany)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Cellular IoT Connections and Connectivity Market

Which Region Dominates the Cellular IoT Connections and Connectivity Market in 2025?

According to Cognitive Market Research, North America currently dominates the Cellular IoT Connections and Connectivity market, and the region is expected to have significant growth during the projected period. This results from the growing usage of smart devices and the heightened expenditure on cellular IoT technology by end users. The increase in the use of 5G technologies, especially in developed countries, has propelled the expansion of the North American cellular IoT market. The presence of improved telecommunications infrastructure is anticipated to propel the expansion of the North American cellular IoT market over the forecast period.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The fast urbanization and industrialization in nations like China and India have intensified the need for more efficient and interconnected infrastructure. This encompasses smart city initiatives, industrial automation, and agricultural innovations that depend on IoT systems for real-time data surveillance and administration.

The current report Scope analyzes cellular iot connections and connectivity Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America cellular iot connections and connectivity

According to Cognitive Market Research, the global Cellular IoT Connections and Connectivity market size was estimated at USD 4214.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1685.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 24.4% from 2025 to 2033.

• According to Cognitive Market Research, the US had a major share in the Cellular IoT Connections and Connectivity market with a market size of USD 1330.10 million in 2025 and is projected to grow at a CAGR of 24.2% during the forecast period. The United States is advancing 5G rollout and LTE Cat 1 bis to provide high-speed, low-latency connectivity.
• The Canada Cellular IoT Connections and Connectivity market had a market share of USD 202.30 million in 2025 and is projected to grow at a CAGR of 25.2% during the forecast period. Canada’s Increasing use of IoT devices in sectors such as healthcare and transportation.
• The Mexico Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.9% during the forecast period, with a market size of USD 153.41 million in 2025.

Europe cellular iot connections and connectivity

According to Cognitive Market Research, the global Cellular IoT Connections and Connectivity market size was estimated at USD 4214.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1264.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 24.7% from 2025 to 2033.

• The United Kingdom Cellular IoT Connections and Connectivity market had a market share of USD 212.41 million in 2025 and is projected to grow at a CAGR of 25.5% during the forecast period. In the UK, Cellular IoT Connections and Connectivity sales witnessed an upswing due to the Technological innovations in cellular networks augmenting IoT functionalities.
• The France Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 23.9% during the forecast period, with a market size of USD 116.32 million in 2025.
• According to Cognitive Market Research, the German Cellular IoT Connections and Connectivity market size was valued at USD 250.34 million in 2025 and is projected to grow at a CAGR of 24.9% during the forecast period. In Germany, Cellular IoT Connections and Connectivity surged due to the Requirements for efficient data transport and scalable connection solutions.
• The Italy Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.1% during the forecast period, with a market size of USD 108.73 million in 2025.
• The Russia Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 23.7% during the forecast period, with a market size of USD 195.97 million in 2025.
• The Spain Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 23.8% during the forecast period with a market size of USD 103.68 million in 2025
• The Luxembourg Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.8% during the forecast period, with a market size of USD 39.19 million in 2025.
• The Portugal Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.5% during the forecast period, with a market size of USD 26.55 million in 2025.
• The Greece Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.0% during the forecast period, with a market size of USD 15.17 million in 2025.
• The Rest of Europe's Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 23.4% during the forecast period, with a market size of USD 195.97 million in 2025.

Asia Pacific cellular iot connections and connectivity

According to Cognitive Market Research, the global Cellular IoT Connections and Connectivity market size was estimated at USD 4214.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 969.34 million in 2025 and will grow at a compound annual growth rate (CAGR) of 28.2% from 2025 to 2033.

• According to Cognitive Market Research, the China Cellular IoT Connections and Connectivity market size was valued at USD 436.20 million in 2025 and is projected to grow at a CAGR of 27.7% during the forecast period. Cellular IoT Connections and Connectivity surged in China due to Increased Demand for equilibrium in performance and minimal power use.
• The Japan Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 26.7% during the forecast period, with a market size of USD 133.77 million in 2025.
• The India Cellular IoT Connections and Connectivity market had a market share of USD 116.32 million in 2025 and is projected to grow at a CAGR of 30.0% during the forecast period. India's Growing need for dependable connection and increasing IoT applications.
• The South Korean Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 27.3% during the forecast period, with a market size of USD 96.93 million in 2025.
• The Australian Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 27.9% during the forecast period, with a market size of USD 50.41 million in 2025.
• The South East Asia Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 29.2% during the forecast period, with a market size of USD 66.88 million in 2025.
• The Rest of Asia Pacific Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 28.0% during the forecast period, with a market size of USD 68.82 million in 2025.

South America cellular iot connections and connectivity

According to Cognitive Market Research, the global Cellular IoT Connections and Connectivity market size was estimated at USD 4214.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 210.73 million in 2025 and will grow at a compound annual growth rate (CAGR) of 25.6% from 2025 to 2033.

• According to Cognitive Market Research, the Brazil Cellular IoT Connections and Connectivity market size was valued at USD 90.19 million in 2025 and is projected to grow at a CAGR of 26.2% during the forecast period. Cellular IoT Connections and Connectivity flourished in Brazil due to Growing use of IoT devices in agricultural and intelligent urban environments.
• Argentina's Cellular IoT Connections and Connectivity market had a market share of USD 35.40 million in 2025 and is projected to grow at a CAGR of 26.5% during the forecast period. Argentina's Increasing need for effective data transmission and IoT applications in healthcare.
• Colombia Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.4% during the forecast period, with a market size of USD 18.75 million in 2025.
• Peru Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.8% during the forecast period, with a market size of USD 17.28 million in 2025.
• Chile Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.9% during the forecast period, with a market size of USD 15.17 million in 2025.
• The Rest of Latin America's Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.7% during the forecast period, with a market size of USD 33.93 million in 2025.

Middle East and Africa cellular iot connections and connectivity

According to Cognitive Market Research, the global Cellular IoT Connections and Connectivity market size was estimated at USD 4214.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 84.29 million in 2025 and will grow at a compound annual growth rate (CAGR) of 25.9% from 2025 to 2033..

• The GCC Countries Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 26.7% during the forecast period, with a market size of USD 36.08 million in 2025. Cellular IoT Connections and Connectivity sales flourish due to the Advancement of 5G networks and integration of IoT in intelligent infrastructure.
• The Egypt Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 26.2% during the forecast period, with a market size of USD 8.85 million in 2025.
• The South Africa Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 26.9% during the forecast period, with a market size of USD 13.32 million in 2025. Cellular IoT Connections and Connectivity sales flourished in South Africa due to Increasing need for dependable connection solutions in industrial IoT.
• The Turkey Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.4% during the forecast period, with a market size of USD 7.25 million in 2025.
• The Nigeria Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 25.0% during the forecast period, with a market size of USD 8.85 million in 2025.
• The Rest of the MEA Cellular IoT Connections and Connectivity market is projected to witness growth at a CAGR of 24.9% during the forecast period, with a market size of USD 9.95 million in 2025.

cellular iot connections and connectivity Market Analysis

How are Segments Performing in the Global Cellular IoT Connections and Connectivity Market?

Cellular IoT Connections and Connectivity Market Component Segment Analysis

According to Cognitive Market Research, the Hardware sector is likely to dominate the Cellular IoT Connections and Connectivity Market over the forecast period. With the proliferation of IoT applications in healthcare, manufacturing, and agriculture, there is an increasing need for dependable and resilient hardware to support these interconnected devices. Hardware elements like as sensors, modules, and gateways provide the essential infrastructure that facilitates safe and efficient communication among devices across cellular networks. Furthermore, technical progress has resulted in the creation of more economical and energy-efficient hardware solutions, making IoT implementation more viable for enterprises of all sizes.

The Software category is the fastest-growing segment in the Cellular IoT Connections and Connectivity Market. The rising need for interconnected devices, like as wearables, smart home appliances, and industrial sensors, propels the market for cellular IoT solutions. Progress in 5G technology facilitates accelerated data transfer and reduced latency, making real-time communication feasible. Furthermore, smart city projects depend on IoT technology, enhancing the implementation of cellular IoT. Industries use IoT for automation, predictive maintenance, and supply chain enhancement. Cellular IoT offers dependable connections for industrial applications.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of cellular iot connections and connectivity Industry. Request a Free Sample PDF!

Cellular IoT Connections and Connectivity Market Technology Segment Analysis

According to Cognitive Market Research, The 4G technology sector led the market. The demand for 4G technology in the cellular IoT market is rising mainly owing to its capacity to provide strong connection, enhanced data speeds, and reduced latency relative to earlier technologies such as 2G and 3G. This is essential for IoT applications necessitating real-time data transfer and dependable connection, including industrial IoT (IIoT) implementations, smart city frameworks, and linked cars. 4G LTE provides extensive coverage and enhanced stability, making it appropriate for IoT devices situated in distant or difficult situations where reliable connectivity is crucial. The maturity and extensive adoption of 4G networks by telecom operators worldwide provide it a viable alternative for growing IoT installations without necessitating substantial infrastructure enhancements.

In the Cellular IoT Connections and Connectivity Market, The 5G category is anticipated to see the most rapid development over the projection period. 5G networks provide markedly enhanced data transfer rates and reduced latency compared to earlier generations such as 4G LTE. This improved speed is essential for IoT applications necessitating real-time data processing, including industrial automation, autonomous cars, and remote healthcare monitoring. 5G networks accommodate several connected devices per unit area, facilitating large-scale IoT deployments without degrading network performance. This scalability is crucial as enterprises progressively embrace IoT technologies to enhance operational efficiency and facilitate new offerings.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

cellular iot connections and connectivity End-user Outlook: Segment Analysis

Cellular IoT Connections and Connectivity Market End-user Segment Analysis

According to Cognitive Market Research, The Energy & Utilities segment holds the largest market share. With the proliferation of IoT devices in many sectors, including smart homes, industrial automation, and smart cities, there is a growing need for a dependable and uninterrupted power supply to sustain these devices. IoT applications such as smart meters, environmental sensors, and remote monitoring systems require continuous energy supply to operate effectively and provide real-time data. Progress in battery technology and energy-collecting methods are enhancing the viability of deploying IoT devices in distant or difficult areas with restricted access to conventional power sources. This has broadened the range of IoT implementations, thus increasing the requirement for energy solutions specifically designed for these devices.

In the Cellular IoT Connections and Connectivity market, the rapidly growing sector is the Transportation & Logistics category. The increasing need for uninterrupted connections in automobiles and transportation systems is driving the deployment of cellular IoT. Fleet management, real-time monitoring, and predictive maintenance are applications that depend significantly on dependable connection. Regulations concerning safety, pollutants, and data collecting are propelling the incorporation of IoT devices. Cellular IoT enhances compliance by enabling data-driven insights and reporting. Emerging applications, such as driverless cars, intelligent parking, and environmental monitoring, rely on cellular IoT. These diverse applications are stimulating innovation and drawing investments in the automotive and transportation industries.

• Agriculture
• Aviation
• Healthcare
• Transportation & Logistics
• Energy & Utilities
• Manufacturing
• Oil & Gas
• Others

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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