Thales Group, AT&T, Inc., Ericsson, Huawei Technologies Co., Ltd., and Qualcomm Incorporated– PROMINENT MARKET PARTICIPANTS IN THE CELLULAR IOT MARKET
North America region is characterized by the presence of well-developed countries such as the US and Canada, where adoption of advanced technologies like IoT is quite high and network operators are aggressively rolling enhanced connectivity technologies such as 5G, LTE-M, and NB-IoT. Due to high level of industry automation and prevalence of digital services among customers, the enterprises and network operators in this region are motivated to invest in IoT applications to increase efficiency and to enhance consumer experience. In North American countries, technologies such as cloud computing, artificial intelligence, IoT, blockchain, and predictive analytics are being widely adopted by diverse industry verticals including industrial, infrastructure & construction, retail, consumer electronics, automotive & transportation, energy & utilities, healthcare, others..
The prominent market players in the cellular IoT market are Thales Group, AT&T, Inc., Ericsson, Huawei Technologies Co., Ltd., and Qualcomm Incorporated among others for a considerable share of the market owing to their product offerings to the cellular IoT market.
Market leaders are involved in taking up various market initiatives such as geographical expansion, product innovations by implementing advanced technologies, partnerships, contracts, joint ventures, and funding to maintain brand name globally. For instance, For instance, in February 2020, Samsung Electronics signed a commercial agreement with US Cellular for 4G LTE and 5G network solutions. To support the US Cellular delivers next-generation service, the agreement was signed. This gives US Cellular a platform to buy commercially-proven network solutions of Samsung, which includes 5G NR technology. Similalry, For illustration, Huawei (China) has signed an agreement with MTS, a Russian telecom company, to create a 5G network in the country. Also, in August 2019, Ericsson and Tele2 have introduced a first 5G zone in central Moscow on Tele2’s commercial network. These strategies help the companies to remain competitive in the cellular technologies arena and promotes the market growth.
Many well-known, as well as small local companies, are present in the market to provide cellular IoT services to their customers. The large firms are adopting the strategy of partnership, contractual alliances for the deployment of cellular technologies to enhance their customer portfolio and expand footprint in different geographies. Some of the essential market initiatives from the industry are mentioned below:
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Year |
News |
Country |
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2020 |
MediaTek declared high interest from IoT device manufacturers for MediaTek’s MT3620. It is a microcontroller unit chip (MCU) developed along with Microsoft for direct integration of a Microsoft Azure Sphere security solution. This MCU facilitates the makers to develop secure IoT devices connected to Microsoft Azure Cloud services. |
APAC |
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2020 |
Telecom vendor Ericsson teamed up with consultancy Capgemini to offer network operators support in supplying private LTE and 5G network solutions to enterprises. The first to sign up is Telia in Sweden. |
Europe |
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2020 |
Sierra Wireless Ready-to-Connect Module and Connectivity Bundles reduce the total cost of ownership up to 40%. The product facilitates OEMs and Service Providers to quickly Connect Devices Anywhere globally. |
North America |
