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Global Cellular IoT Market Report By Offering (Hardware, Software), By Type (2G, 3G, NB-LTE-M, 4G, LTE-M, NB-IoT, 5G), By Application (Agriculture, Environmental Monitoring, HealthCare, Manufacturing, Automotive & Transportation, Energy, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

August 2023

Frequently Asked Questions (FAQs) about this Report

The global cellular IoT market size was worth USD 3.9 Billion in 2021.

For the years 2023-2028, the global cellular IoT market growth is expected to be around 25.8%.

The global cellular IoT market is currently dominated by North America.

The global cellular IoT market is segmented by Offering (Hardware, Software), by Type (2G, 3G, NB–LTE–M, 4G, LTE–M, NB–IoT, 5G), by Application (Agriculture, Environmental Monitoring, HealthCare, Manufacturing, Automotive & Transportation, Energy, Others).

The leading players in the global 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.
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Objectives of Study
  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
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Key questions answered by the report

  • What is the current market size and trends?
  • What will be the market size during the forecast period?
  • How various market factors such as a driver, restraints, and opportunity impact the market?
  • What are the dominating segment and region in the market and why

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