Cellular IoT Market Share, Trends, and Analysis by 2031
Cellular IoT Market: Strategic Insights
Cellular IoT Market
-
CAGR (2023 - 2031)24.9 % -
Market Size 2023
US$ 5.60 Billion -
Market Size 2031
US$ 33.15 Billion
Market Dynamics
GROWTH DRIVERS
- Implementing Cellular IoT Modules in Smart City Infrastructure and Building Automation
FUTURE TRENDS
- LTE-M and NB-IoT
OPPORTUNITIES
- Increasing Applications in Vehicle Telematics and Fleet Management
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Technology
- 2G & 3G
- 4G
- LTE-M
- NB-IoT
- 5G
End-Use Industry
- Industrial
- Infrastructure & Construction
- Retail
- Consumer Electronics
- Automotive & Transportation
- Energy & Utilities
- Healthcare