The Cellular IoT Market is expected to grow from USD 1.26 billion in 2015 to USD 5.31 billion by 2027, growing at a CAGR of 23% during the forecast period 2021-2027.
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.
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A full report of Global Cellular IoT Market is available at: https://www.orionmarketreports.com/cellular-iot-market/59371/
The following Segmentation are covered in this report:
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
- Retail
- Smart City
Key Players
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.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cellular IoT Market.
- The market share of the global Cellular IoT Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cellular IoT Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cellular IoT Market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
