Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security
In short The cellular IoT module market was stagnant in Q2’23 according to IoT Analytics latest data. Although IoT modules with dedicated security features are increasingly adopted, 66% of IoT modules shipped in Q2’23 had no dedicated hardware security and 29% had no...
Global cellular IoT module market declined 6% in Q1 2023 in a weakening demand environment
Key insights In Q1 2023, global cellular IoT module revenue declined 6% YoY; shipments declined 16%. The key reasons for the decline are: 1. Cautious end-user spending; 2. Inventory reductions; and 3. Chip supply issues. The top five cellular IoT module...
Evolution of cellular IoT modules since 2010: Eight new technologies and a 15x bigger market
Key insights The global cellular IoT module market has grown from two to 10 key technologies. At the same time, the market has grown 15 times since 2010 according to IoT Analytics’ latest research on the topic.Module companies have expanded their portfolio from...
Cellular IoT Module Market Update: Market Declined 8% in 2020 With Bright Spots in China and LTE-Cat 1
Key Insights The global market for cellular IoT modules declined 8% in 2020, according to IoT Analytics’ latest data.China is the only large country that showed growth in 2020. LTE-Cat 1 technology, which contributes to 23% of cellular IoT modules outside of...