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 the Global Cellular IoT Market is available at: https://www.orionmarketreports.com/cellular-iot-market/59371/
Market Segments
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.
Scope of the Report
The research study analyzes the global Cellular IoT industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cellular IoT Market Report
1. What was the Cellular IoT Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cellular IoT Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cellular IoT Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
