Industry: Service & Software
Published Date: 2024-04-26
Pages: 127 Pages
Report ld: 3081213
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Cellular IoT Market Size(US$)

CAGR 2024-2030
7%
Market Size,2030
USD 2,930.1
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Cellular IoT is a Low Power Wide Area Network (LPWAN) radio technology standard developed to enable a wide range of devices and services to be connected using cellular telecommunications bands.
Market Analysis and Insights: Global Cellular IoT Market
The global Cellular IoT market is projected to grow from US$ 1955.3 million in 2024 to US$ 2930.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Covers:
This report presents an overview of global market for Cellular IoT market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Cellular IoT, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Cellular IoT, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Cellular IoT revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Cellular IoT market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Cellular IoT revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Qualcomm Inc., Sierra Wireless, Gemalto NV, Telit Communications PLC, U–Blox Holding AG, ZTE Corporation, Sequans Communication, Mediatek Inc. and Murata, etc.
MARKET SEGMENTATION
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Cellular IoT Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 2G
1.2.3 3G
1.2.4 4G
1.2.5 LTE
1.2.6 NB–IoT
1.2.7 5G
1.2.8 Others
1.3 Market by Application
1.3.1 Global Cellular IoT Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Agriculture
1.3.3 Environmental Monitoring
1.3.4 Automotive & Transportation
1.3.5 Energy
1.3.6 HealthCare
1.3.7 Manufacturing
1.3.8 Retail
1.3.9 Smart City
1.3.10 Consumer Electronics
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cellular IoT Market Perspective (2019-2030)
2.2 Global Cellular IoT Growth Trends by Region
2.2.1 Cellular IoT Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Cellular IoT Historic Market Size by Region (2019-2024)
2.2.3 Cellular IoT Forecasted Market Size by Region (2025-2030)
2.3 Cellular IoT Market Dynamics
2.3.1 Cellular IoT Industry Trends
2.3.2 Cellular IoT Market Drivers
2.3.3 Cellular IoT Market Challenges
2.3.4 Cellular IoT Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Cellular IoT by Players
3.1.1 Global Cellular IoT Revenue by Players (2019-2024)
3.1.2 Global Cellular IoT Revenue Market Share by Players (2019-2024)
3.2 Global Cellular IoT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Cellular IoT, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Cellular IoT Market Concentration Ratio
3.4.1 Global Cellular IoT Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cellular IoT Revenue in 2023
3.5 Global Key Players of Cellular IoT Head office and Area Served
3.6 Global Key Players of Cellular IoT, Product and Application
3.7 Global Key Players of Cellular IoT, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Cellular IoT Breakdown Data by Type
4.1 Global Cellular IoT Historic Market Size by Type (2019-2024)
4.2 Global Cellular IoT Forecasted Market Size by Type (2025-2030)
5 Cellular IoT Breakdown Data by Application
5.1 Global Cellular IoT Historic Market Size by Application (2019-2024)
5.2 Global Cellular IoT Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Cellular IoT Market Size (2019-2030)
6.2 North America Cellular IoT Market Size by Type
6.2.1 North America Cellular IoT Market Size by Type (2019-2024)
6.2.2 North America Cellular IoT Market Size by Type (2025-2030)
6.2.3 North America Cellular IoT Market Share by Type (2019-2030)
6.3 North America Cellular IoT Market Size by Application
6.3.1 North America Cellular IoT Market Size by Application (2019-2024)
6.3.2 North America Cellular IoT Market Size by Application (2025-2030)
6.3.3 North America Cellular IoT Market Share by Application (2019-2030)
6.4 North America Cellular IoT Market Size by Country
6.4.1 North America Cellular IoT Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Cellular IoT Market Size by Country (2019-2024)
6.4.3 North America Cellular IoT Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Cellular IoT Market Size (2019-2030)
7.2 Europe Cellular IoT Market Size by Type
7.2.1 Europe Cellular IoT Market Size by Type (2019-2024)
7.2.2 Europe Cellular IoT Market Size by Type (2025-2030)
7.2.3 Europe Cellular IoT Market Share by Type (2019-2030)
7.3 Europe Cellular IoT Market Size by Application
7.3.1 Europe Cellular IoT Market Size by Application (2019-2024)
7.3.2 Europe Cellular IoT Market Size by Application (2025-2030)
7.3.3 Europe Cellular IoT Market Share by Application (2019-2030)
7.4 Europe Cellular IoT Market Size by Country
7.4.1 Europe Cellular IoT Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Cellular IoT Market Size by Country (2019-2024)
7.4.3 Europe Cellular IoT Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Cellular IoT Market Size (2019-2030)
8.2 China Cellular IoT Market Size by Type
8.2.1 China Cellular IoT Market Size by Type (2019-2024)
8.2.2 China Cellular IoT Market Size by Type (2025-2030)
8.2.3 China Cellular IoT Market Share by Type (2019-2030)
8.3 China Cellular IoT Market Size by Application
8.3.1 China Cellular IoT Market Size by Application (2019-2024)
8.3.2 China Cellular IoT Market Size by Application (2025-2030)
8.3.3 China Cellular IoT Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Cellular IoT Market Size (2019-2030)
9.2 Asia Cellular IoT Market Size by Type
9.2.1 Asia Cellular IoT Market Size by Type (2019-2024)
9.2.2 Asia Cellular IoT Market Size by Type (2025-2030)
9.2.3 Asia Cellular IoT Market Share by Type (2019-2030)
9.3 Asia Cellular IoT Market Size by Application
9.3.1 Asia Cellular IoT Market Size by Application (2019-2024)
9.3.2 Asia Cellular IoT Market Size by Application (2025-2030)
9.3.3 Asia Cellular IoT Market Share by Application (2019-2030)
9.4 Asia Cellular IoT Market Size by Region
9.4.1 Asia Cellular IoT Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Cellular IoT Market Size by Region (2019-2024)
9.4.3 Asia Cellular IoT Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Cellular IoT Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Cellular IoT Market Size by Type
10.2.1 Middle East, Africa, and Latin America Cellular IoT Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Cellular IoT Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Cellular IoT Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Cellular IoT Market Size by Application
10.3.1 Middle East, Africa, and Latin America Cellular IoT Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Cellular IoT Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Cellular IoT Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Cellular IoT Market Size by Country
10.4.1 Middle East, Africa, and Latin America Cellular IoT Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Cellular IoT Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Cellular IoT Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Qualcomm Inc.
11.1.1 Qualcomm Inc. Company Details
11.1.2 Qualcomm Inc. Business Overview
11.1.3 Qualcomm Inc. Cellular IoT Introduction
11.1.4 Qualcomm Inc. Revenue in Cellular IoT Business (2019-2024)
11.1.5 Qualcomm Inc. Recent Developments
11.2 Sierra Wireless
11.2.1 Sierra Wireless Company Details
11.2.2 Sierra Wireless Business Overview
11.2.3 Sierra Wireless Cellular IoT Introduction
11.2.4 Sierra Wireless Revenue in Cellular IoT Business (2019-2024)
11.2.5 Sierra Wireless Recent Developments
11.3 Gemalto NV
11.3.1 Gemalto NV Company Details
11.3.2 Gemalto NV Business Overview
11.3.3 Gemalto NV Cellular IoT Introduction
11.3.4 Gemalto NV Revenue in Cellular IoT Business (2019-2024)
11.3.5 Gemalto NV Recent Developments
11.4 Telit Communications PLC
11.4.1 Telit Communications PLC Company Details
11.4.2 Telit Communications PLC Business Overview
11.4.3 Telit Communications PLC Cellular IoT Introduction
11.4.4 Telit Communications PLC Revenue in Cellular IoT Business (2019-2024)
11.4.5 Telit Communications PLC Recent Developments
11.5 U–Blox Holding AG
11.5.1 U–Blox Holding AG Company Details
11.5.2 U–Blox Holding AG Business Overview
11.5.3 U–Blox Holding AG Cellular IoT Introduction
11.5.4 U–Blox Holding AG Revenue in Cellular IoT Business (2019-2024)
11.5.5 U–Blox Holding AG Recent Developments
11.6 ZTE Corporation
11.6.1 ZTE Corporation Company Details
11.6.2 ZTE Corporation Business Overview
11.6.3 ZTE Corporation Cellular IoT Introduction
11.6.4 ZTE Corporation Revenue in Cellular IoT Business (2019-2024)
11.6.5 ZTE Corporation Recent Developments
11.7 Sequans Communication
11.7.1 Sequans Communication Company Details
11.7.2 Sequans Communication Business Overview
11.7.3 Sequans Communication Cellular IoT Introduction
11.7.4 Sequans Communication Revenue in Cellular IoT Business (2019-2024)
11.7.5 Sequans Communication Recent Developments
11.8 Mediatek Inc.
11.8.1 Mediatek Inc. Company Details
11.8.2 Mediatek Inc. Business Overview
11.8.3 Mediatek Inc. Cellular IoT Introduction
11.8.4 Mediatek Inc. Revenue in Cellular IoT Business (2019-2024)
11.8.5 Mediatek Inc. Recent Developments
11.9 Murata
11.9.1 Murata Company Details
11.9.2 Murata Business Overview
11.9.3 Murata Cellular IoT Introduction
11.9.4 Murata Revenue in Cellular IoT Business (2019-2024)
11.9.5 Murata Recent Developments
11.10 Digi
11.10.1 Digi Company Details
11.10.2 Digi Business Overview
11.10.3 Digi Cellular IoT Introduction
11.10.4 Digi Revenue in Cellular IoT Business (2019-2024)
11.10.5 Digi Recent Developments
11.11 Fibocom
11.11.1 Fibocom Company Details
11.11.2 Fibocom Business Overview
11.11.3 Fibocom Cellular IoT Introduction
11.11.4 Fibocom Revenue in Cellular IoT Business (2019-2024)
11.11.5 Fibocom Recent Developments
11.12 GosuncnWelink
11.12.1 GosuncnWelink Company Details
11.12.2 GosuncnWelink Business Overview
11.12.3 GosuncnWelink Cellular IoT Introduction
11.12.4 GosuncnWelink Revenue in Cellular IoT Business (2019-2024)
11.12.5 GosuncnWelink Recent Developments
11.13 Multi-Tech Systems Inc
11.13.1 Multi-Tech Systems Inc Company Details
11.13.2 Multi-Tech Systems Inc Business Overview
11.13.3 Multi-Tech Systems Inc Cellular IoT Introduction
11.13.4 Multi-Tech Systems Inc Revenue in Cellular IoT Business (2019-2024)
11.13.5 Multi-Tech Systems Inc Recent Developments
11.14 Neowa
11.14.1 Neowa Company Details
11.14.2 Neowa Business Overview
11.14.3 Neowa Cellular IoT Introduction
11.14.4 Neowa Revenue in Cellular IoT Business (2019-2024)
11.14.5 Neowa Recent Developments
11.15 Nordic Semiconductor
11.15.1 Nordic Semiconductor Company Details
11.15.2 Nordic Semiconductor Business Overview
11.15.3 Nordic Semiconductor Cellular IoT Introduction
11.15.4 Nordic Semiconductor Revenue in Cellular IoT Business (2019-2024)
11.15.5 Nordic Semiconductor Recent Developments
11.16 Pycom
11.16.1 Pycom Company Details
11.16.2 Pycom Business Overview
11.16.3 Pycom Cellular IoT Introduction
11.16.4 Pycom Revenue in Cellular IoT Business (2019-2024)
11.16.5 Pycom Recent Developments
11.17 Quectel
11.17.1 Quectel Company Details
11.17.2 Quectel Business Overview
11.17.3 Quectel Cellular IoT Introduction
11.17.4 Quectel Revenue in Cellular IoT Business (2019-2024)
11.17.5 Quectel Recent Developments
11.18 Sercomm
11.18.1 Sercomm Company Details
11.18.2 Sercomm Business Overview
11.18.3 Sercomm Cellular IoT Introduction
11.18.4 Sercomm Revenue in Cellular IoT Business (2019-2024)
11.18.5 Sercomm Recent Developments
11.19 Shanghai Yuge Information Technology
11.19.1 Shanghai Yuge Information Technology Company Details
11.19.2 Shanghai Yuge Information Technology Business Overview
11.19.3 Shanghai Yuge Information Technology Cellular IoT Introduction
11.19.4 Shanghai Yuge Information Technology Revenue in Cellular IoT Business (2019-2024)
11.19.5 Shanghai Yuge Information Technology Recent Developments
11.20 SIMCom
11.20.1 SIMCom Company Details
11.20.2 SIMCom Business Overview
11.20.3 SIMCom Cellular IoT Introduction
11.20.4 SIMCom Revenue in Cellular IoT Business (2019-2024)
11.20.5 SIMCom Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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