Industry: Service & Software
Published Date: 2025-02-27
Pages: 137 Pages
Report ld: 4311228
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Cellular IoT Market Size(US$)

CAGR 2025-2031
7%
Market Size,2031
USD 3,309
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Cellular IoT was estimated to be worth US$ 2078 million in 2024 and is forecast to a readjusted size of US$ 3309 million by 2031 with a CAGR of 7.0% during the forecast period 2025-2031.
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.
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.
This report aims to provide a comprehensive presentation of the global market for Cellular IoT, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Cellular IoT by region & country, by Type, and by Application.
The Cellular IoT market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cellular IoT.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Cellular IoT company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Cellular IoT in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Cellular IoT in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Market Overview
1.1 Cellular IoT Product Introduction
1.2 Global Cellular IoT Market Size Forecast (2020-2031)
1.3 Cellular IoT Market Trends & Drivers
1.3.1 Cellular IoT Industry Trends
1.3.2 Cellular IoT Market Drivers & Opportunity
1.3.3 Cellular IoT Market Challenges
1.3.4 Cellular IoT Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Cellular IoT Players Revenue Ranking (2024)
2.2 Global Cellular IoT Revenue by Company (2020-2025)
2.3 Key Companies Cellular IoT Manufacturing Base Distribution and Headquarters
2.4 Key Companies Cellular IoT Product Offered
2.5 Key Companies Time to Begin Mass Production of Cellular IoT
2.6 Cellular IoT Market Competitive Analysis
2.6.1 Cellular IoT Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Cellular IoT Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cellular IoT as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 2G
3.1.2 3G
3.1.3 4G
3.1.4 LTE
3.1.5 NB–IoT
3.1.6 5G
3.1.7 Others
3.2 Global Cellular IoT Sales Value by Type
3.2.1 Global Cellular IoT Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Cellular IoT Sales Value, by Type (2020-2031)
3.2.3 Global Cellular IoT Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Agriculture
4.1.2 Environmental Monitoring
4.1.3 Automotive & Transportation
4.1.4 Energy
4.1.5 HealthCare
4.1.6 Manufacturing
4.1.7 Retail
4.1.8 Smart City
4.1.9 Consumer Electronics
4.2 Global Cellular IoT Sales Value by Application
4.2.1 Global Cellular IoT Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Cellular IoT Sales Value, by Application (2020-2031)
4.2.3 Global Cellular IoT Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Cellular IoT Sales Value by Region
5.1.1 Global Cellular IoT Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Cellular IoT Sales Value by Region (2020-2025)
5.1.3 Global Cellular IoT Sales Value by Region (2026-2031)
5.1.4 Global Cellular IoT Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Cellular IoT Sales Value, 2020-2031
5.2.2 North America Cellular IoT Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Cellular IoT Sales Value, 2020-2031
5.3.2 Europe Cellular IoT Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Cellular IoT Sales Value, 2020-2031
5.4.2 Asia Pacific Cellular IoT Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Cellular IoT Sales Value, 2020-2031
5.5.2 South America Cellular IoT Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Cellular IoT Sales Value, 2020-2031
5.6.2 Middle East & Africa Cellular IoT Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Cellular IoT Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Cellular IoT Sales Value, 2020-2031
6.3 United States
6.3.1 United States Cellular IoT Sales Value, 2020-2031
6.3.2 United States Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Cellular IoT Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Cellular IoT Sales Value, 2020-2031
6.4.2 Europe Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Cellular IoT Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Cellular IoT Sales Value, 2020-2031
6.5.2 China Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.5.3 China Cellular IoT Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Cellular IoT Sales Value, 2020-2031
6.6.2 Japan Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Cellular IoT Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Cellular IoT Sales Value, 2020-2031
6.7.2 South Korea Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Cellular IoT Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Cellular IoT Sales Value, 2020-2031
6.8.2 Southeast Asia Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Cellular IoT Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Cellular IoT Sales Value, 2020-2031
6.9.2 India Cellular IoT Sales Value by Type (%), 2024 VS 2031
6.9.3 India Cellular IoT Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Qualcomm Inc.
7.1.1 Qualcomm Inc. Profile
7.1.2 Qualcomm Inc. Main Business
7.1.3 Qualcomm Inc. Cellular IoT Products, Services and Solutions
7.1.4 Qualcomm Inc. Cellular IoT Revenue (US$ Million) & (2020-2025)
7.1.5 Qualcomm Inc. Recent Developments
7.2 Sierra Wireless
7.2.1 Sierra Wireless Profile
7.2.2 Sierra Wireless Main Business
7.2.3 Sierra Wireless Cellular IoT Products, Services and Solutions
7.2.4 Sierra Wireless Cellular IoT Revenue (US$ Million) & (2020-2025)
7.2.5 Sierra Wireless Recent Developments
7.3 Gemalto NV
7.3.1 Gemalto NV Profile
7.3.2 Gemalto NV Main Business
7.3.3 Gemalto NV Cellular IoT Products, Services and Solutions
7.3.4 Gemalto NV Cellular IoT Revenue (US$ Million) & (2020-2025)
7.3.5 Gemalto NV Recent Developments
7.4 Telit Communications PLC
7.4.1 Telit Communications PLC Profile
7.4.2 Telit Communications PLC Main Business
7.4.3 Telit Communications PLC Cellular IoT Products, Services and Solutions
7.4.4 Telit Communications PLC Cellular IoT Revenue (US$ Million) & (2020-2025)
7.4.5 Telit Communications PLC Recent Developments
7.5 U–Blox Holding AG
7.5.1 U–Blox Holding AG Profile
7.5.2 U–Blox Holding AG Main Business
7.5.3 U–Blox Holding AG Cellular IoT Products, Services and Solutions
7.5.4 U–Blox Holding AG Cellular IoT Revenue (US$ Million) & (2020-2025)
7.5.5 U–Blox Holding AG Recent Developments
7.6 ZTE Corporation
7.6.1 ZTE Corporation Profile
7.6.2 ZTE Corporation Main Business
7.6.3 ZTE Corporation Cellular IoT Products, Services and Solutions
7.6.4 ZTE Corporation Cellular IoT Revenue (US$ Million) & (2020-2025)
7.6.5 ZTE Corporation Recent Developments
7.7 Sequans Communication
7.7.1 Sequans Communication Profile
7.7.2 Sequans Communication Main Business
7.7.3 Sequans Communication Cellular IoT Products, Services and Solutions
7.7.4 Sequans Communication Cellular IoT Revenue (US$ Million) & (2020-2025)
7.7.5 Sequans Communication Recent Developments
7.8 Mediatek Inc.
7.8.1 Mediatek Inc. Profile
7.8.2 Mediatek Inc. Main Business
7.8.3 Mediatek Inc. Cellular IoT Products, Services and Solutions
7.8.4 Mediatek Inc. Cellular IoT Revenue (US$ Million) & (2020-2025)
7.8.5 Mediatek Inc. Recent Developments
7.9 Murata
7.9.1 Murata Profile
7.9.2 Murata Main Business
7.9.3 Murata Cellular IoT Products, Services and Solutions
7.9.4 Murata Cellular IoT Revenue (US$ Million) & (2020-2025)
7.9.5 Murata Recent Developments
7.10 Digi
7.10.1 Digi Profile
7.10.2 Digi Main Business
7.10.3 Digi Cellular IoT Products, Services and Solutions
7.10.4 Digi Cellular IoT Revenue (US$ Million) & (2020-2025)
7.10.5 Digi Recent Developments
7.11 Fibocom
7.11.1 Fibocom Profile
7.11.2 Fibocom Main Business
7.11.3 Fibocom Cellular IoT Products, Services and Solutions
7.11.4 Fibocom Cellular IoT Revenue (US$ Million) & (2020-2025)
7.11.5 Fibocom Recent Developments
7.12 GosuncnWelink
7.12.1 GosuncnWelink Profile
7.12.2 GosuncnWelink Main Business
7.12.3 GosuncnWelink Cellular IoT Products, Services and Solutions
7.12.4 GosuncnWelink Cellular IoT Revenue (US$ Million) & (2020-2025)
7.12.5 GosuncnWelink Recent Developments
7.13 Multi-Tech Systems Inc
7.13.1 Multi-Tech Systems Inc Profile
7.13.2 Multi-Tech Systems Inc Main Business
7.13.3 Multi-Tech Systems Inc Cellular IoT Products, Services and Solutions
7.13.4 Multi-Tech Systems Inc Cellular IoT Revenue (US$ Million) & (2020-2025)
7.13.5 Multi-Tech Systems Inc Recent Developments
7.14 Neowa
7.14.1 Neowa Profile
7.14.2 Neowa Main Business
7.14.3 Neowa Cellular IoT Products, Services and Solutions
7.14.4 Neowa Cellular IoT Revenue (US$ Million) & (2020-2025)
7.14.5 Neowa Recent Developments
7.15 Nordic Semiconductor
7.15.1 Nordic Semiconductor Profile
7.15.2 Nordic Semiconductor Main Business
7.15.3 Nordic Semiconductor Cellular IoT Products, Services and Solutions
7.15.4 Nordic Semiconductor Cellular IoT Revenue (US$ Million) & (2020-2025)
7.15.5 Nordic Semiconductor Recent Developments
7.16 Pycom
7.16.1 Pycom Profile
7.16.2 Pycom Main Business
7.16.3 Pycom Cellular IoT Products, Services and Solutions
7.16.4 Pycom Cellular IoT Revenue (US$ Million) & (2020-2025)
7.16.5 Pycom Recent Developments
7.17 Quectel
7.17.1 Quectel Profile
7.17.2 Quectel Main Business
7.17.3 Quectel Cellular IoT Products, Services and Solutions
7.17.4 Quectel Cellular IoT Revenue (US$ Million) & (2020-2025)
7.17.5 Quectel Recent Developments
7.18 Sercomm
7.18.1 Sercomm Profile
7.18.2 Sercomm Main Business
7.18.3 Sercomm Cellular IoT Products, Services and Solutions
7.18.4 Sercomm Cellular IoT Revenue (US$ Million) & (2020-2025)
7.18.5 Sercomm Recent Developments
7.19 Shanghai Yuge Information Technology
7.19.1 Shanghai Yuge Information Technology Profile
7.19.2 Shanghai Yuge Information Technology Main Business
7.19.3 Shanghai Yuge Information Technology Cellular IoT Products, Services and Solutions
7.19.4 Shanghai Yuge Information Technology Cellular IoT Revenue (US$ Million) & (2020-2025)
7.19.5 Shanghai Yuge Information Technology Recent Developments
7.20 SIMCom
7.20.1 SIMCom Profile
7.20.2 SIMCom Main Business
7.20.3 SIMCom Cellular IoT Products, Services and Solutions
7.20.4 SIMCom Cellular IoT Revenue (US$ Million) & (2020-2025)
7.20.5 SIMCom Recent Developments
8 Industry Chain Analysis
8.1 Cellular IoT Industrial Chain
8.2 Cellular IoT Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Cellular IoT Sales Model
8.5.2 Sales Channel
8.5.3 Cellular IoT Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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