Cellular IoT Module and Chipset Market Tracker and Forecast (Q3 2025)
Quarterly Database: Global Shipments, Revenue & ASP (2018โ2029)
Key Data Snapshot:
- Q3 2025 Revenue Growth: +10% YoY
- Top 5 Market Share: 74% (Quectel, China Mobile, Fibocom, SIMCom, Telit)
- Fastest Growing Technology: LTE Cat 1 bis (+49% YoY)
Product Details
Contact Sales
- 40 cellular IoT module brands
- 13 cellular IoT chipset companies
- 10 regions
- 10 technology splits
- 16 industry verticals
- 150 unique model-level chipsets
- 737 unique model-level modules
Already a subscriber?
Global Cellular IoT Module and Chipset Market Size & Growth (Q3 2025)
The global cellular IoT module and chipset market revenue increased 10% YoY in Q3 2025. This growth extends the recovery momentum established earlier in the year and marks the fifth consecutive quarter of shipment growth following the resolution of inventory overhangs in 2024. The data indicates sustained demand for both connectivity chipsets and integrated modules as supply chains stabilize.
Key Market Findings
- Technology Segmentation (LTE Cat 1 bis): LTE Cat 1 bis shipments grew 49% YoY in Q3 2025. This continues the high-growth trend observed in Q1 2025 where shipments surged 122% YoY as the technology displaces 2G and 3G legacy networks for mid-speed IoT applications.
- Competitive Landscape & Consolidation: The market exhibits high concentration with the top five vendors (Quectel, China Mobile, Fibocom, SIMCom, Telit) accounting for 74% of the combined market share in Q3 2025. This consolidation persists following the exit of u-blox from the cellular module sector on June 6, 2025, when Trasna acquired the company’s cellular business.
- Geopolitical Impact: Vendor selection strategies reflect ongoing geopolitical shifts. The US Department of Defense added Quectel to the 1260H list on January 6, 2025. This designation prompted Western device manufacturers to initiate dual-sourcing discussions and evaluate risk mitigation strategies throughout 2025.
- Regulatory Compliance: The EU Radio Equipment Directive (RED) introduced mandatory cybersecurity requirements for radio equipment in the European Economic Area effective August 1, 2025. This regulation necessitates firmware updates across the installed base and influences module selection for European deployments.
- Future Outlook (Edge AI): Looking toward 2026 the chipset market anticipates a shift toward Edge AI. Predictions indicate a broad wave of IoT devices embedded with edge AI acceleration will emerge and move beyond high-end gateways to mass-market sensors and connectivity modules.
Definitions
Connectivity chipset: A baseband processor embedded in a smart device (either directly or via a module) that enables and manages the connectivity of the device. There are two types:
-
- Cellular chipsets based on the 3GPP architecture, such as 4G, 5G, LTE-M, and NB-IoT
- Non-cellular chipsets, such as Wi-Fi, Bluetooth, Sigfox, LoRa, and satellite
IoT connectivity module: Embedded hardware that includes connectivity chipsets and other components, such as CPU/MCU, SIM slot/eSIM, GNSS (optional), and more
Cellular IoT module: An IoT connectivity module embedded with a cellular chipset
LPWA dual mode: A cellular IoT module embedded with a cellular chipset that supports both LTE-M and NB-IoT
Included data
- 40 cellular IoT module brands
- 13 cellular IoT chipset companies
- 10 regions
- 10 technology splits
- 16 industry verticals
- 150 unique model-level chipsets
- 737 unique model-level modules
Table of contents
Cellular IoT Module and Chipset Market Tracker and Forecast 2018-2029 – Q3/2025 Update (EXCEL)
- Intro
- Module & Chipset Pivot
- Module & Chipset Model Level
- Industry & Forecast Pivot
- Industry Vertical & Forecast
Companies mentioned
A selection of companies mentioned in the report.
AM Telecom
ASR
Cavli Wireless
Ccfrom
Cheerzing
China Mobile
Continental Automotive
Eigencomm
Fibocom
GCT
Gosuncn
H3C
Hisilicon
Huawei
Intel
Kontron
Kyocera
LG Innotek
Lierda
Longsung
Marvell
Mediatek
Meig
MobileTek
Murata
Neoway
Nordic Semiconductors
Pycom
Qualcomm
Quectel
Renesas
Rinlink
Rolling Wireless
Ruijie
SG Wireless
SIMCom
STMicroelectronics
Sequans
Sercomm
Sierra Wireless
Sony Altair
Taiyo Yuden
Telit Cinterion
Titan
Trasna
UNISOC
USR(Wenheg)
Ucloudy
Wistron Neweb
Wurth Electronics
Wutong
XinYi
Yuge Technology
u-Blox
Related reading
A research article derived from this report will be published soon.
Our insights are trusted by global industry leaders
Single User License
- 1 named user (in your organization within the country of purchase)
- Complete tracker in EXCEL
- Customization via web application
- Quarterly updates with the latest market data
- 1 hour discussion with the analyst team
Team User License
- 1-5 named user (in your organization within the country of purchase)
- Complete tracker in EXCEL
- Customization via web application
- Quarterly updates with the latest market data
- 1 hour discussion with the analyst team
Enterprise Premium License
- Tracker may be distributed to all employees of the enterprise
- Complete tracker in EXCEL
- Customization via web application
- Quarterly updates with the latest market data
- 2 hour discussion with the analyst team
Seeย Terms & Conditionsย for license details โ
*The subscription is valid for 12 months upon date of purchase.
Request your free demo
- Experience a walk-through of the tracker via screen share
- Get your specific questions addressed
- Explore how our research can add value to your organization
- Obtain detailed license and pricing information
- Receive a sample file in EXCEL
Any questions?
Get in touch with us easily. We are happy to help!
Prajwal Praveen
Senior Sales Manager
Phone:ย +49 (0) 408 221 1722
Email:ย sales@iot-analytics.com