Global Cellular IoT
Market Report
2024
The global cellular IoT market size is USD 4.9 billion in 2024. The cellular IoT market will show the strongest growth with a compound annual growth rate (CAGR) of 25.7% from 2024 to 2031. The growth is attributed to the cutting-edge cellular technologies.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Cellular IoT Market Report 2024.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Cellular IoT Market Sales Revenue 2030 | $ 14.64 Billion |
Global Cellular IoT Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.47% |
Market Split by Component |
|
Market Split by Technology |
|
Market Split by Application |
|
Market Split by Vertical |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Cellular IoT industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Cellular IoT Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Cellular IoT describes the practice of linking IoT devices to the web over cellular networks. The cellular Internet of Things is best suited for power-efficiently sending tiny data sets over long distances. The global expansion of cellular IoT is expected to be influenced by a wide range of variables, including the existence of nations experiencing strong economic growth, the increasing number of connected devices, and the increased acceptance of advanced technology. The global cellular IoT market is anticipated to be propelled by the increasing digitization and automation observed in many industries, including manufacturing, automotive, and energy & utilities. Global businesses are expected to accommodate a large increase in the amounts of interconnected devices, the need for longer extended network coverage, and there is an increased tendency towards business expansion beyond mobile broadband. These factors are expected to drive the growth of the cellular IoT market in the coming years.
We have various report editions of Cellular IoT Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In April 2024, MediaTek unveiled the MediaTek T300 platform, the newest offering in its 5G RedCap lineup, designed for Internet of Things (IoT) applications. With its 5G RedCap RF-system-on-chip (SoC) architecture and MediaTek M60 modem, the T300 provides substantial improvements over previous 4G Internet of Things (IoT) solutions by adhering to the 3GPP Release-17 standard. (Source:https://corp.mediatek.com/news-events/press-releases/mediatek-unveils-t300-5g-redcap-platform-for-extremely-low-power-devices
Top Companies Market Share in Cellular IoT Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America emerged as the dominant region in the cellular IoT market due to a robust and well-established telecommunications infrastructure, favorable regulatory regulations and standards, and a high rate of adoption of IoT technologies. In addition, the ongoing innovation in cellular and IoT technologies is a direct result of the significant public and private sector investment in R&D, which in turn drives market growth in this region.
Asia-Pacific stands out as the fastest-growing region in the cellular IoT market because of the developments in cellular technology, like the launch of 5G networks, and the increasing demand for dependable and scalable connection solutions. Additionally, the market is anticipated to experience accelerated expansion due to the increasing number of technology businesses in the region and the increased investment in IoT technology. Numerous smart infrastructure projects are being launched by governments in Asian nations like India, who are also interested in the cellular IOT sector.
The current report Scope analyzes Cellular IoT 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
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Cellular IoT Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cellular IoT Industry growth. Cellular IoT market has been segmented with the help of its Component, Technology Application, and others. Cellular IoT market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, hardware is the dominant category in the cellular IoT market because it is essential for the Internet of Things (IoT) to work and provide connectivity. The importance of sensors, modules, and gateways in data capture and transmission over cellular networks cannot be overstated. Hardware is constantly evolving to improve performance, reliability, and energy efficiency, which is leading to more and more adoption in many different industries.
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 Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Cellular IoT from 2019 to 2031. This will also help to analyze the demand for Cellular IoT across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Technology of Cellular IoT are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Cellular IoT Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Cellular IoT Market and is projected to experience significant growth in the near future.
The 2G segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Quectel (China), Fibocom Wireless (China) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Hardware, Software, Services |
Technology | 2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, 5G |
Application | Alarms & Detectors, Smart Appliances, Smart Metering, Smart Parking, Smart Street Light, Surveillance & Monitoring, Trackers, Wearable Devices, Others |
Vertical | Agriculture, Automotive & Transportation, Building Automation, Consumer Electronics, Energy & Utilities, Healthcare, Industrial/ Manufacturing, Retail, Smart Cities, Others |
List of Competitors | 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) |
This chapter will help you gain GLOBAL Market Analysis of Cellular IoT. Further deep in this chapter, you will be able to review Global Cellular IoT Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Technology Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Vertical Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cellular IoT market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hardware have a significant impact on Cellular IoT market? |
What are the key factors affecting the Hardware and Software of Cellular IoT Market? |
What is the CAGR/Growth Rate of 2G during the forecast period? |
By type, which segment accounted for largest share of the global Cellular IoT Market? |
Which region is expected to dominate the global Cellular IoT Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Cellular IoT Market
Request Sample