Cellular IoT Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Cellular IoT Market size is expected to grow at a CAGR of 23% during the forecast period 2022-2028. Cellular IoT provides advanced connectivity technology that connects billions of IoT devices worldwide to the Internet. These advanced technologies include 3G, 4G, 5G, and Low Power Wide Area (LPWA) cellular technologies such as NB-IoT and LTE-M. Cellular IoT provides global coverage, reliable connectivity of IoT devices, and affordable hardware for cellular IoT connectivity.

Company Profile

Key competitors in the cellular IoT market are Sierra Wireless, Qualcomm Technologies, Inc., Sequans Communications S.A., ZTE Corporation, Gemalto NV, u-blox, Telit Communications, Ericsson AB, ARM Holdings, Huawei Technologies Co., Ltd., Mediatek Inc., Vodafone Group plc, Texas Instruments Incorporated, and others.

Market Segmentation

By Offering:

• Hardware
• Software

By Type:

• 2G
• 3G
• 4G
• LTE–M
• NB–LTE–M
• NB–IoT
• 5G

By End-Use Application:

• Agriculture
• Environmental Monitoring
• Automotive & Transportation
• Energy
• HealthCare
• Manufacturing

Scope of the Report

The research study analyzes the Cellular IoT Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Cellular IoT Market Report

1. What was the Cellular IoT Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Cellular IoT Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Cellular IoT Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.