Q: What is the cellular IoT market size in 2021?

A: The cellular IoT market size is US$ 1,935.3 million for 2021.

Q: What is the CAGR for the cellular IoT market?

A: The cellular IoT market is expected to grow at a CAGR of 21.4% during 2023-2032.

Q: What are the segments covered in the cellular IoT market report?

A: Market.US has segmented the Global Cellular IoT Market Value (US$ Mn) Analysis by Region, 2022 market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Component, market has been segmented into Hardware, Software. By Type, market has been further divided into 2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, 5G. By End-use, market has been segmented into Agriculture, Automotive & Transportation, Consumer Electronics, Energy, Environment Monitoring, Healthcare, Retail, Smart Cities and Other End-Uses.

Q: Who are the key players in the cellular IoT market?

A: Qualcomm Inc., ZTE Corporation, Gemalto NV, Commsolid GmbH, Sierra Wireless, Mistbase Communication System, Sequans Communications, Texas Instruments, MediaTek Inc., and Telit Communications PLC, Other Key Players are the key vendors in the cellular IoT market.

Q: Which region is more attractive for vendors in the cellular IoT market?

A: North America accounted for the highest market share of 34.1% among the other regions. Therefore, the cellular IoT market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

Q: What are the key markets for cellular IoT?

A: U.S., Canada, UK, Germany are key areas of operation for cellular IoT market.

Q: Which segment has the largest share in the cellular IoT market?

A: In the cellular IoT market, vendors should focus on grabbing business opportunities from the hardware segment as it accounted for the largest market share in the base year.

Global Cellular IoT Market By Component (Software and Hardware), By Type (2G, 3G, 4G, 5G, NB-IoT, LTE-M, and NB-LTE-M), By End-use (Agriculture, Automotive & Transportation, Energy, and Other End-Uses), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Published date: May 2023
Report ID: 52510
Number of Pages: 222
Format:

- Qualcomm Inc.
- ZTE Corporation
- Gemalto NV
- Commsolid GmbH
- Sierra Wireless
- Mistbase Communication System
- Texas Instrument
- MediaTek Inc.
- Sequans Communications
- and Telit Communications PLC
- among others.
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