Cellular IoT Market Report by Component, Type, End Use, and Region 2024-2032

Description

List of Tables

The global cellular IoT market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2032, exhibiting a growth rate (CAGR) of 18.2% during 2024-2032.

Cellular Internet of Things (IoT) refers to the integration of telecommunication devices with the internet. It utilizes advanced technologies, such as 3G, 4G, 5G and Low Power Wide Area (LPWA), for establishing reliable connections through various hardware devices and sensors. It is widely used for asset, warehouse and workforce management, remote plant monitoring, automation, cloud-based robotics, traffic management and telematics in smartwatches and fitness bands. Cellular IoT solutions simplify global deployment, establish a secured connection with other shared networks and support both low and high bandwidths. As a result, they find extensive applications across various industries, including agriculture, environment monitoring, healthcare, manufacturing, automotive and energy.

Cellular IoT Market Trends:

Significant growth in the telecommunications industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rapid digitization and the increasing requirement for automation across industries are providing a thrust to the market growth. Medium and large-scale organizations are widely adopting Narrowband Internet of Things (NB-IoT) and Long-Term Evolution for Machines (LTE-M) solutions. These technologies can be integrated with the existing mobile networks to provide enhanced end-to-end security, device-level access and authentication and encrypted data transfer. Additionally, integration of the IoT, embedded sensors, Wi-Fi and Bluetooth with automobile systems are acting as other growth-inducing factors. Automotive manufacturers combine wireless communication into both luxury and economy vehicles to facilitate in-vehicle communication, vehicle-to-vehicle communication and vehicle-to-infrastructure communication. In line with this, these technologies are also used for smart metering, weather monitoring, infrastructure security and flood and agricultural management. Other factors, including increasing commercialization of 5G, along with significant infrastructural developments, especially in the developing economies, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cellular IoT market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, type and end use.

Breakup by Component:

Hardware

Software

Device Management

Signal Processing

Breakup by Type:

LTE-M

NB-LTE-M

NB-IoT

Breakup by End Use:

Agriculture

Automotive and Transportation

Consumer Electronics

Energy

Environment Monitoring

Healthcare

Retail

Smart Cities

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arm Limited, Commsolid GmbH (Goodix Technology (HK) Company Limited), MediaTek Inc., Qualcomm Incorporated, Sequans Communications, Sierra Wireless, Telefonaktiebolaget LM Ericsson, Telit, Texas Instruments Incorporated, Thales Group, U-Blox Holding AG and ZTE Corporation.

Key Questions Answered in This Report

1. What is the market size of cellular IoT?
2. What are the benefits of cellular technology?
3. What is the future of cellular IoT?
4. What are the application of cellular IoT?
5. What is the expected growth rate of the global cellular IoT market during 2024-2032?
6. What are the segments of cellular IoT?
7. What are the key factors driving the global cellular IoT market?
8. What has been the impact of COVID-19 on the global cellular IoT market?
9. What is the breakup of the global cellular IoT market based on the component?
10. What is the breakup of the global cellular IoT market based on the type?
11. What is the breakup of the global cellular IoT market based on the end use?
12. What are the key regions in the global cellular IoT market?
13. Who are the key players/companies in the global cellular IoT market?

Product Code: SR112024A4140

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Cellular IoT Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component

6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Key Segments
  - 6.2.2.1 Device Management
  - 6.2.2.2 Signal Processing
- 6.2.3 Market Forecast

7 Market Breakup by Type

7.1 2G
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 3G
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 4G
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
7.4 LTE-M
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
7.5 NB-LTE-M
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
7.6 NB-IoT
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
7.7 5G
- 7.7.1 Market Trends
- 7.7.2 Market Forecast

8 Market Breakup by End Use

8.1 Agriculture
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
8.2 Automotive and Transportation
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
8.3 Consumer Electronics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
8.4 Energy
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
8.5 Environment Monitoring
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
8.6 Healthcare
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
8.7 Retail
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
8.8 Smart Cities
- 8.8.1 Market Trends
- 8.8.2 Market Forecast
8.9 Others
- 8.9.1 Market Trends
- 8.9.2 Market Forecast

9 Market Breakup by Region

9.1 North America
- 9.1.1 United States
  - 9.1.1.1 Market Trends
  - 9.1.1.2 Market Forecast
- 9.1.2 Canada
  - 9.1.2.1 Market Trends
  - 9.1.2.2 Market Forecast
9.2 Asia-Pacific
- 9.2.1 China
  - 9.2.1.1 Market Trends
  - 9.2.1.2 Market Forecast
- 9.2.2 Japan
  - 9.2.2.1 Market Trends
  - 9.2.2.2 Market Forecast
- 9.2.3 India
  - 9.2.3.1 Market Trends
  - 9.2.3.2 Market Forecast
- 9.2.4 South Korea
  - 9.2.4.1 Market Trends
  - 9.2.4.2 Market Forecast
- 9.2.5 Australia
  - 9.2.5.1 Market Trends
  - 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
  - 9.2.6.1 Market Trends
  - 9.2.6.2 Market Forecast
- 9.2.7 Others
  - 9.2.7.1 Market Trends
  - 9.2.7.2 Market Forecast
9.3 Europe
- 9.3.1 Germany
  - 9.3.1.1 Market Trends
  - 9.3.1.2 Market Forecast
- 9.3.2 France
  - 9.3.2.1 Market Trends
  - 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
  - 9.3.3.1 Market Trends
  - 9.3.3.2 Market Forecast
- 9.3.4 Italy
  - 9.3.4.1 Market Trends
  - 9.3.4.2 Market Forecast
- 9.3.5 Spain
  - 9.3.5.1 Market Trends
  - 9.3.5.2 Market Forecast
- 9.3.6 Russia
  - 9.3.6.1 Market Trends
  - 9.3.6.2 Market Forecast
- 9.3.7 Others
  - 9.3.7.1 Market Trends
  - 9.3.7.2 Market Forecast
9.4 Latin America
- 9.4.1 Brazil
  - 9.4.1.1 Market Trends
  - 9.4.1.2 Market Forecast
- 9.4.2 Mexico
  - 9.4.2.1 Market Trends
  - 9.4.2.2 Market Forecast
- 9.4.3 Others
  - 9.4.3.1 Market Trends
  - 9.4.3.2 Market Forecast
9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast

10 SWOT Analysis

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
- 14.3.1 Arm Limited
  - 14.3.1.1 Company Overview
  - 14.3.1.2 Product Portfolio
- 14.3.2 Commsolid GmbH (Goodix Technology (HK) Company Limited)
  - 14.3.2.1 Company Overview
  - 14.3.2.2 Product Portfolio
- 14.3.3 MediaTek Inc.
  - 14.3.3.1 Company Overview
  - 14.3.3.2 Product Portfolio
  - 14.3.3.3 Financials
  - 14.3.3.4 SWOT Analysis
- 14.3.4 Qualcomm Incorporated
  - 14.3.4.1 Company Overview
  - 14.3.4.2 Product Portfolio
  - 14.3.4.3 Financials
  - 14.3.4.4 SWOT Analysis
- 14.3.5 Sequans Communications
  - 14.3.5.1 Company Overview
  - 14.3.5.2 Product Portfolio
  - 14.3.5.3 Financials
- 14.3.6 Sierra Wireless
  - 14.3.6.1 Company Overview
  - 14.3.6.2 Product Portfolio
  - 14.3.6.3 Financials
  - 14.3.6.4 SWOT Analysis
- 14.3.7 Telefonaktiebolaget LM Ericsson
  - 14.3.7.1 Company Overview
  - 14.3.7.2 Product Portfolio
  - 14.3.7.3 Financials
  - 14.3.7.4 SWOT Analysis
- 14.3.8 Telit
  - 14.3.8.1 Company Overview
  - 14.3.8.2 Product Portfolio
  - 14.3.8.3 SWOT Analysis
- 14.3.9 Texas Instruments Incorporated
  - 14.3.9.1 Company Overview
  - 14.3.9.2 Product Portfolio
  - 14.3.9.3 Financials
  - 14.3.9.4 SWOT Analysis
- 14.3.10 Thales Group
  - 14.3.10.1 Company Overview
  - 14.3.10.2 Product Portfolio
  - 14.3.10.3 Financials
  - 14.3.10.4 SWOT Analysis
- 14.3.11 U-Blox Holding AG
  - 14.3.11.1 Company Overview
  - 14.3.11.2 Product Portfolio
  - 14.3.11.3 Financials
- 14.3.12 ZTE Corporation
  - 14.3.12.1 Company Overview
  - 14.3.12.2 Product Portfolio
  - 14.3.12.3 Financials

Product Code: SR112024A4140

List of Figures

Figure 1: Global: Cellular IoT Market: Major Drivers and Challenges
Figure 2: Global: Cellular IoT Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cellular IoT Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Cellular IoT Market: Breakup by Component (in %), 2023
Figure 5: Global: Cellular IoT Market: Breakup by Type (in %), 2023
Figure 6: Global: Cellular IoT Market: Breakup by End Use (in %), 2023
Figure 7: Global: Cellular IoT Market: Breakup by Region (in %), 2023
Figure 8: Global: Cellular IoT (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Cellular IoT (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Cellular IoT (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cellular IoT (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cellular IoT (2G) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cellular IoT (2G) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Cellular IoT (3G) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Cellular IoT (3G) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Cellular IoT (4G) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Cellular IoT (4G) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Cellular IoT (LTE-M) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Cellular IoT (LTE-M) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Cellular IoT (NB-LTE-M) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Cellular IoT (NB-LTE-M) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Cellular IoT (NB-IoT) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Cellular IoT (NB-IoT) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Cellular IoT (5G) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Cellular IoT (5G) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Cellular IoT (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Cellular IoT (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Cellular IoT (Automotive and Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Cellular IoT (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Cellular IoT (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Cellular IoT (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Cellular IoT (Energy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Cellular IoT (Energy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Cellular IoT (Environment Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Cellular IoT (Environment Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Cellular IoT (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Cellular IoT (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Cellular IoT (Retail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Cellular IoT (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Cellular IoT (Smart Cities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Cellular IoT (Smart Cities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Cellular IoT (Other End Uses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Cellular IoT (Other End Uses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: North America: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: United States: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: United States: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Canada: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Canada: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia-Pacific: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia-Pacific: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: South Korea: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: South Korea: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Australia: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Australia: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Indonesia: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Indonesia: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Europe: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Europe: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Germany: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Germany: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: France: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: France: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: United Kingdom: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: United Kingdom: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Italy: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Italy: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Spain: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Spain: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Russia: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Russia: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Latin America: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Latin America: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Brazil: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Brazil: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Mexico: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Mexico: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Middle East and Africa: Cellular IoT Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Middle East and Africa: Cellular IoT Market: Breakup by Country (in %), 2023
Figure 92: Middle East and Africa: Cellular IoT Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Global: Cellular IoT Industry: SWOT Analysis
Figure 94: Global: Cellular IoT Industry: Value Chain Analysis
Figure 95: Global: Cellular IoT Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cellular IoT Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Cellular IoT Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Cellular IoT Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 4: Global: Cellular IoT Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 5: Global: Cellular IoT Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Cellular IoT Market: Competitive Structure
Table 7: Global: Cellular IoT Market: Key Players

Cellular IoT Market Report by Component, Type, End Use, and Region 2024-2032

Description

Table of Contents

List of Tables

Cellular IoT Market Trends:

Key Market Segmentation:

Breakup by Component:

Breakup by Type:

Breakup by End Use:

Breakup by Region:

Competitive Landscape:

Key Questions Answered in This Report

Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Cellular IoT Market

6 Market Breakup by Component

7 Market Breakup by Type

8 Market Breakup by End Use

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

List of Figures

List of Tables