Cellular IoT module market Q1 2024 update: Demand recovery, market trends, and competitive landscape
Key insights In Q1 2024, the cellular IoT module market grew 7% year-over-year, according to IoT Analytics’ latest Global Cellular IoT Module and Chipset Tracker & Forecast update. Driving this growth was an upswing in module demand in China, which counterbalanced...
LPWAN market 2024: Licensed technologies boost their share among global 1.3 billion connections as LoRa leads outside China
In short LPWAN connectivity is on the rise. There were nearly 1.3 billion LPWAN IoT connections globally by the end of 2023, according to IoT Analytics’ Global LPWAN Market Tracker and Forecast 2015–2027 (updated Q1 2024). This is expected to grow at 26% CAGR...
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...
Entering the new age of cellular IoT: eSIM/iSIM market to surpass 500 million units in 2023
In short: eSIM/iSIM is transforming the dynamics of the cellular IoT market, offering increased flexibility, reduced provisioning time, smaller form factor, enhanced security, and sustainability. The eSIM/iSIM IoT market is poised to surpass the 500-million-units mark...