Global Cellular Iot Market Scope And Analysis

  • Report Code : TIPRE00003104
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
Buy Now

Cellular IoT Market Analysis Report 2024 to 2031

Buy Now


Cellular IoT Market Report Scope

Report Attribute Details
Market size in 2023 US$ 5.60 Billion
Market Size by 2031 US$ 33.15 Billion
Global CAGR (2023 - 2031) 24.9 %
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Technology
  • 2G & 3G
  • 4G
  • LTE-M
  • NB-IoT
  • 5G
By End-Use Industry
  • Industrial
  • Infrastructure & Construction
  • Retail
  • Consumer Electronics
  • Automotive & Transportation
  • Energy & Utilities
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Arm Holdings Plc
  • AT T Inc
  • Ericsson
  • Huawei Technologies Co Ltd
  • Mediatek Inc
  • Qualcomm Incorporated
  • Sierra Wireless Inc
  • Sequans Communications SA
  • Thales group
  • ZTE Corporation
  • Cellular IoT Market News and Recent Developments

    The cellular IoT market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • In May 2022, - Audi, offered an update on its collaboration with mobility platform Spoke and other partners to employ cellular vehicle-to-everything (C-V2X) technology to assist minimize accidents involving bicycles and vehicles. Furthermore, Audi worked with C-V2X, which uses LTE cellular signals and direct PC5 signals that do not require a cellular network to detect a cyclist.

    (Source: Audi, Press Release, 2022)

    • In January 2023, Sierra Wireless announced the launch of Smart Connectivity Premium in the United States, which includes eUICC capabilities and expanded connectivity coverage. Furthermore, with its multi-IMSI, multi-profile design supported by GSMA eSIM (eUICC) requirements, Smart Connection Premium delivers resilient IoT-managed connection that is future-proofed across countries and technologies using a single global SIM. 

    (Source: Sierra Wireless, Press Release, 2023)

    Cellular IoT Market Report Coverage and Deliverables

    The "Cellular IoT Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles