Cellular IoT Market size is expected to reach US$ 24.15 Bn. by 2029, growing at a CAGR of 25.4% during the forecast period. The rise in demand for low power consuming devices and extended network coverage area boosts the overall application for cellular IoT technology. Moreover, growing demand for end–to–security will further contribute to the overall growth of the cellular IoT market. The internet of things or IoT spectrum has grown deep with some of the IoT categories heading toward a peak, while many others are at a nascent stage of development.To know about the Research Methodology :- Request Free Sample Report The hype around Internet of Things (IoT) together with its tremendous potential to revolutionize machine-to-machine and human communications has reached its peak. Factors such as numerous technology vendors prodding towards different variants of emerging technologies for capitalizing gains remains a key aspect. With the increased pervasiveness of cellular connectivity together with the ready availability of extensive networks, and mobile broadband is expected to grow in significance for the overall market. An important aspect of cellular IoT growth is its ability to leverage mobility as well as range when compared with other IoT access methods, forming a major differentiating factor over the contemporary service delivery techniques. Moreover, the cellular networks operating on the existing network infrastructure offering reliable quality services with assured security, which would play a vital role in adoption of industrial and consumer applications. Despite the huge cellular network present across the world, quality of service and connectivity remains an issue in IoT market. Deep indoor connectivity is a requirement for various applications in utility area.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current Global Cellular IoT Market outlook. It is usually done remaining at par with the technological evolution and developments done in the field of IoT in terms of technology especially across the operating system functionalities being modified as per the IoT device type used by customers. Report segments Global Cellular IoT Market by offering, type, application, and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Cellular IoT Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain market positioning of competitors. Cellular IoT offers different advantages such as broader coverage, deep indoor penetration, and smaller module size, as it is being largely preferred across the high-density deployments. This is further expected to boost in the increased adoption of the technology over the next few years. In terms of type, the 2G market segment held the largest market share in 2016 followed by 3G. 2G is widely adopted across different IoT applications because of low cost chipset together with majority of connected devices in IoT requiring low data transfer rate making 2G an ideal connectivity technology when compared with 3G, 4G, and 5G others. However, NB-IoT is expected to grow at the fastest rate between 2016 and 2024. The demand for long-range communications because of increase in connectivity between mobile objects or devices spread across a wide area. On the basis of industry, the energy segment held one of the largest and significant shares for 2016. The increasing adoption of smart meters and grids drives the growth of cellular IoT modules in energy industry. However, building automation is expected to grow at one of the fastest rates. The growth for energy management, together with increasing demand for green homes, drives the overall demand for building automation market. North America accounted for the largest share of the cellular IoT market. The U.S. is major contributor to the growth of Global Cellular IoT Market in North America. Investment from U.S. government towards implementation of IoT in building automation and utilities under programs is driving the North America market for cellular IoT. Deployment of smart city and smart infrastructure in countries such as China, Japan, and India boosted the overall growth for the forecast period. The objective of the report is to present comprehensive Global Cellular IoT Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Cellular IoT Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Cellular IoT Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Cellular IoT Market North America for Asia Pacific make the report investor’s guide.
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Cellular IoT Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 4.95 Bn. Forecast Period 2023 to 2029 CAGR: 25.4% Market Size in 2029: US $ 24.15 Bn. Segments Covered: by Offering Hardware Software by Type 2G 3G 4G 5G NB–LTE–M NB–IoT LTE–M by Application Environment Monitoring Automotive & Transportation Energy Manufacturing Consumer Electronics Building Automation Agriculture Healthcare Retail Others Global Cellular IoT Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Cellular IoT Market , Key Players
1.Texas Instruments 2.ZTE Corporation 3.Sequans Communication 4.Mistbase Communication System 5.Mediatek Inc. 6.Commsolid GmbH 7.Qualcomm Incorporated 8.Sierra Wireless 9.Gemalto NV 10.Telit Communications PLC 11.U–Blox Holding AG 12.Ericsson AB 13.ARM Limited 14.Huawei Technologies Co., Ltd. 15.Mediatek Inc. 16.Vodafone Group plc Frequently Asked Questions: 1. Which region has the largest share in Global Cellular IoT Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Cellular IoT Market? Ans: The Global Cellular IoT Market is growing at a CAGR of 25.4% during forecasting period 2023-2029. 3. What is scope of the Global Cellular IoT market report? Ans: Global Cellular IoT Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Cellular IoT market? Ans: The important key players in the Global Cellular IoT Market are – Texas Instruments, ZTE Corporation, Sequans Communication, Mistbase Communication System, Mediatek Inc., Commsolid GmbH, Qualcomm Incorporated, Sierra Wireless, Gemalto NV, Telit Communications PLC, U–Blox Holding AG, Ericsson AB, ARM Limited, Huawei Technologies Co., Ltd., Mediatek Inc., and Vodafone Group plc 5. What is the study period of this market? Ans: The Global Cellular IoT Market is studied from 2022 to 2029.
1. INTRODUCTION 1.1. Market description & Scope (2022-2029) 1.2. Objectives 1.2.1. Key Takeaways 1.2.2. Abbreviations & Acronyms 2. RESEARCH METHODOLOGY 2.1. Methods used for market forecasting 2.2. Data Sources 2.2.1. Paid Databases 2.2.2. Primary Sources 2.2.3. Secondary Sources 3. EXECUTIVE SUMMARY 3.1. Major Findings 3.1.1. Key Segment Trends 3.1.1.1. Offering 3.1.1.2. Type 3.1.1.3. Application 3.1.2. Key Regional Trends 3.1.2.1. North America 3.1.2.2. Europe 3.1.2.3. Asia Pacific 3.1.2.4. LAMEA 3.2. Key Companies and their Strategies 4. MARKET OVERVIEW 4.1. Cellular IoT (Internet of Things) Concept & Definition 4.2. Segments Overview 4.2.1. By Offering 4.2.1.1. Hardware 4.2.1.2. Software 4.2.2. By Type 4.2.2.1. 2G 4.2.2.2. 3G 4.2.2.3. 4G 4.2.2.4. 5G 4.2.2.5. NB–LTE–M 4.2.2.6. NB–IoT 4.2.2.7. LTE–M 4.2.3. By Application 4.2.3.1. Consumer Electronics 4.2.3.2. Building Automation 4.2.3.3. Agriculture 4.2.3.4. Environment Monitoring 4.2.3.5. Automotive & Transportation 4.2.3.6. Energy 4.2.3.7. Manufacturing 4.2.3.8. Healthcare 4.2.3.9. Retail 4.2.3.10. Others 4.3. Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.4. Porter’s Analysis 4.5. PESTLE Analysis 4.6. Fragmentation 4.6.1. Key strategic Alliances of companies (inorganic & organic) 4.6.2. Company Market Share (Top 10 Players) 4.6.3. Comparative Analysis of Key players in Cellular IoT 4.7. Key Trends 5. GLOBAL CELLULAR IOT OFFERING ESTIMATES & TREND ANALYSIS (2022-2029) 5.1. Global Cellular IoT Market: Offering Analysis 5.1.1. Hardware 5.1.1.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 5.1.2. Software 5.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 5.2. Global Cellular IoT Market: Offering Trends 6. GLOBAL CELLULAR IOT TYPE ESTIMATES & TREND ANALYSIS (2022-2029) 6.1. Global Cellular IoT Market: Type Analysis 6.1.1. 2G 6.1.1.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.2. 3G 6.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.3. 4G 6.1.3.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.4. 5G 6.1.4.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.5. LTE–M 6.1.5.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.6. NB–LTE–M 6.1.6.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.7. NB–IoT 6.1.7.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.2. Global Cellular IoT Market: Type Trends 7. GLOBAL CELLULAR IOT APPLICATION ESTIMATES & TREND ANALYSIS (2022-2029) 7.1. Global Cellular IoT Market: Application Analysis 7.1.1. Manufacturing 7.1.1.1. Market Share and growth forecasts,2022-2029 (USD Billion) 7.1.2. Agriculture 7.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.3. Building Automation 7.1.3.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.4. Environment Monitoring 7.1.4.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.5. Energy 7.1.5.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.6. Retail 7.1.6.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.7. Consumer Electronics 7.1.7.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.8. Automotive & Transportation 7.1.8.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.9. Healthcare 7.1.9.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.10. Others 7.1.10.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.2. Global Cellular IoT Market: Application Trends 8. REGIONAL ESTIMATES & TREND ANALYSIS (2022-2029) 8.1. Global Cellular IoT market share by Region, 2022 & 2029 8.2. North America 8.2.1. North America Cellular IoT market, Market Share and growth forecasts, 2022-2029 (USD Billion) 8.2.2. Cellular IoT Drivers For North America Market 8.2.3. Market Share Analysis and Growth Forecast, by Country 8.2.3.1. US 8.2.3.2. Canada 8.2.4. Country-wise GDP Growth Forecast 8.2.5. Cellular IoT Trends In North America Market 8.3. Europe 8.3.1. Europe Cellular IoT market, Market Share and growth forecasts, 2022-2029 (USD Billion) 8.3.2. Cellular IoT Drivers For Europe Market 8.3.3. Market Share Analysis and Growth Forecast, by Country 8.3.3.1. UK 8.3.3.2. Germany 8.3.3.3. France 8.3.3.4. Russia 8.3.3.5. Spain 8.3.3.6. Italy 8.3.3.7. Others 8.3.4. Country-wise GDP Growth Forecast 8.3.5. Cellular IoT Trends In Europe Market 8.4. Asia Pacific 8.4.1. Asia Pacific Cellular IoT market, Market Share and growth forecasts, 2022-2029 (USD Billion) 8.4.2. Cellular IoT Drivers For Asia Pacific Market 8.4.3. Market Share Analysis and Growth Forecast, by Country 8.4.3.1. China 8.4.3.2. Japan 8.4.3.3. India 8.4.3.4. South Korea 8.4.3.5. Australia 8.4.3.6. Others 8.4.4. Country-wise GDP Growth Forecast 8.4.5. Cellular IoT Trends In Asia Pacific Market 8.5. LAMEA 8.5.1. LAMEA Cellular IoT market, Market Share and growth forecasts, 2022-2029 (USD Billion) 8.5.2. Cellular IoT Drivers For LAMEA Market 8.5.3. Market Share Analysis and Growth Forecast, by Country 8.5.3.1. GCC Countries 8.5.3.2. Saudi Arabia 8.5.3.3. Brazil 8.5.3.4. Mexico 8.5.3.5. Others 8.5.4. Country-wise GDP Growth Forecast 8.5.5. Cellular IoT Trends In LAMEA Market 9. MARKET SHARE ANALYSIS 9.1. Key Players Regional Market share Analysis 9.1.1. North America 9.1.2. Europe 9.1.3. Asia Pacific 9.1.4. LAMEA 10. MARKET COMPETITION ANALYSIS 10.1. Strategy Framework 10.2. Consolidation 10.2.1. Patent Analysis 10.2.2. Mergers & Acquisitions 10.2.2.1. Product Based 10.2.2.2. Services Based 10.2.2.3. Region Based 10.2.2.4. List of Mergers & Acquisitions 10.2.3. Company Benchmarking (Revenue & Profit Based) 10.2.4. Strategic Assessment of Company Consolidations 10.2.5. Emerging Business Models 10.3. Company Profiles 10.3.1. Texas Instruments 10.3.1.1. Company overview 10.3.1.2. Key financials 10.3.1.3. Geographical presence 10.3.1.4. Product and Business Segments 10.3.1.5. Strategic initiatives 10.3.1.6. SWOT analysis 10.3.1.7. Competitive positioning and landscape 10.3.2. ZTE Corporation 10.3.2.1. Company overview 10.3.2.2. Key financials 10.3.2.3. Geographical presence 10.3.2.4. Product and Business Segments 10.3.2.5. Strategic initiatives 10.3.2.6. SWOT analysis 10.3.2.7. Competitive positioning and landscape 10.3.3. U–Blox Holding AG 10.3.3.1. Company overview 10.3.3.2. Key financials 10.3.3.3. Geographical presence 10.3.3.4. Product and Business Segments 10.3.3.5. Strategic initiatives 10.3.3.6. SWOT analysis 10.3.3.7. Competitive positioning and landscape 10.3.4. Mistbase Communication System 10.3.4.1. Company overview 10.3.4.2. Key financials 10.3.4.3. Geographical presence 10.3.4.4. Product and Business Segments 10.3.4.5. Strategic initiatives 10.3.4.6. SWOT analysis 10.3.4.7. Competitive positioning and landscape 10.3.5. Commsolid GmbH 10.3.5.1. Company overview 10.3.5.2. Key financials 10.3.5.3. Geographical presence 10.3.5.4. Product and Business Segments 10.3.5.5. Strategic initiatives 10.3.5.6. SWOT analysis 10.3.5.7. Competitive positioning and landscape 10.3.6. Sierra Wireless 10.3.6.1. Company overview 10.3.6.2. Key financials 10.3.6.3. Geographical presence 10.3.6.4. Product and Business Segments 10.3.6.5. Strategic initiatives 10.3.6.6. SWOT analysis 10.3.6.7. Competitive positioning and landscape 10.3.7. Telit Communications PLC 10.3.7.1. Company overview 10.3.7.2. Key financials 10.3.7.3. Geographical presence 10.3.7.4. Product and Business Segments 10.3.7.5. Strategic initiatives 10.3.7.6. SWOT analysis 10.3.7.7. Competitive positioning and landscape 10.3.8. Mistbase Communication System 10.3.8.1. Company overview 10.3.8.2. Key financials 10.3.8.3. Geographical presence 10.3.8.4. Product and Business Segments 10.3.8.5. Strategic initiatives 10.3.8.6. SWOT analysis 10.3.8.7. Competitive positioning and landscape 10.3.9. Commsolid GmbH 10.3.9.1. Company overview 10.3.9.2. Key financials 10.3.9.3. Geographical presence 10.3.9.4. Product and Business Segments 10.3.9.5. Strategic initiatives 10.3.9.6. SWOT analysis 10.3.9.7. Competitive positioning and landscape 10.3.10. Qualcomm Incorporated 10.3.10.1. Company overview 10.3.10.2. Key financials 10.3.10.3. Geographical presence 10.3.10.4. Product and Business Segments 10.3.10.5. Strategic initiatives 10.3.10.6. SWOT analysis 10.3.10.7. Competitive positioning and landscape 10.3.11. Gemalto NV 10.3.11.1. Company overview 10.3.11.2. Key financials 10.3.11.3. Geographical presence 10.3.11.4. Product and Business Segments 10.3.11.5. Strategic initiatives 10.3.11.6. SWOT analysis 10.3.11.7. Competitive positioning and landscape 10.3.12. Ericsson AB 10.3.12.1. Company overview 10.3.12.2. Key financials 10.3.12.3. Geographical presence 10.3.12.4. Product and Business Segments 10.3.12.5. Strategic initiatives 10.3.12.6. SWOT analysis 10.3.12.7. Competitive positioning and landscape 10.3.13. ARM Limited 10.3.13.1. Company overview 10.3.13.2. Key financials 10.3.13.3. Geographical presence 10.3.13.4. Product and Business Segments 10.3.13.5. Strategic initiatives 10.3.13.6. SWOT analysis 10.3.13.7. Competitive positioning and landscape 10.3.14. Huawei Technologies Co., Ltd. 10.3.14.1. Company overview 10.3.14.2. Key financials 10.3.14.3. Geographical presence 10.3.14.4. Product and Business Segments 10.3.14.5. Strategic initiatives 10.3.14.6. SWOT analysis 10.3.14.7. Competitive positioning and landscape 10.3.15. Mediatek Inc. 10.3.15.1. Company overview 10.3.15.2. Key financials 10.3.15.3. Geographical presence 10.3.15.4. Product and Business Segments 10.3.15.5. Strategic initiatives 10.3.15.6. SWOT analysis 10.3.15.7. Competitive positioning and landscape 10.3.16. Vodafone Group plc 10.3.16.1. Company overview 10.3.16.2. Key financials 10.3.16.3. Geographical presence 10.3.16.4. Product and Business Segments 10.3.16.5. Strategic initiatives 10.3.16.6. SWOT analysis 10.3.16.7. Competitive positioning and landscape