Overview:
- Global cellular IoT module shipments increased by 50% YoY and 11% QoQ during Q1 2021. The market made a tremendous comeback during the quarter as the COVID-19 pandemic was under control globally in that period.
- We expect IoT module market to increase further as new projects implementation have started and COVD-19 accelerated IoT adoption across all industry verticals.
- Europe, North America and Japan registered healthy growth annually while Latin America was the only region that did not grow in terms of revenue during Q1 2021.
- China maintained its lead across geographies with a growing demand for cellular IoT modules.
- Quectel and Qualcomm maintained their top positions in the cellular IoT module vendor and chipset player market shares, respectively.
- Automotive, router/CPE and industrial are the top three applications in terms of revenue.
- 5G captured nearly 20% share of the IoT module revenues during this quarter.
Table of Contents:
- Module and Chipset Player Analysis
- Regional Analysis
- Connectivity Analysis
- Application Analysis
- Recent Developments
- Operator’s Strategy
- Forecast Analysis
- Featured Report: Router / CPE
Number of Pages: 77