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 China and 12% in China, is seeing strong traction for IoT deployments.Quectel expanded its market-leading position for total overall cellular IoT module shipment and revenue in 2020.The current global semiconductor shortage is...

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