Industrial Cellular Modem Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

An industrial cellular modem is used for the industrial networking applications and is designed for WWAN communications. The demand for the industrial cellular modem is expected to increase owing to the wide adoption of IoT devices across various industries. North America holds a significant share of the industrial cellular modem market. However, the Asia-Pacific region is expected to grow at a considerable rate in the future owing to the growing adoption of advanced technologies.

MARKET DYNAMICS

Rapid industrialization in the emerging economies, growing adoption of IoT, and advancements in technologies are the major factors that would drive the growth of the industrial cellular modem market. However, data privacy concerns are acting as a major restraining factor in the market. The increasing popularity of connected solutions is creating an opportunity for companies operating in the industrial cellular modem market to gain a strong market position and generate more revenues.

MARKET SCOPE

The "Global Industrial Cellular Modem Market Analysis to 2031" is a specialized and in-depth study of the industrial cellular modem industry with a special focus on the global market trend analysis. The report aims to provide an overview of industrial cellular modem market with detailed market segmentation by type, application and geography. The global industrial cellular modem market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial cellular modem market players and offers key trends and opportunities in the industrial cellular modem market.

MARKET SEGMENTATION

The global industrial cellular modem market is segmented on the basis of service type, and application. On the basis of type the market is segmented as NB-IoT LPWA Technologies, LTE-M LPWA technologies, and others. On the basis of application the market is segmented as manufacturing, transportation, energy and utility, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial cellular modem market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial cellular modem market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting industrial cellular modem market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial cellular modem market in these regions.

MARKET PLAYERS

The reports cover key developments in the industrial cellular modem market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from industrial cellular modem market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial cellular modem in the global market. Below mentioned is the list of few companies engaged in the industrial cellular modem market.

The report also includes the profiles of key industrial cellular modem companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Belden Inc.
•  CalAmp
•  Campbell Scientific, Inc.
•  Digi International Inc.
•  Intercel Pty
•  Moxa Inc.
•  QTech Data Systems Ltd.
•  Red Lion Controls, Inc.
•  Wlink Technology Co., Limited
•  Xiamen Baima Technology Co., Ltd

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Industrial Cellular Modem Report Scope