Press release
Cellular IoT Market Hit Stunning Double Digit CAGR +25% by end 2027 With Renowned Key Players MediaTek Inc., Qualcomm Incorporated, Sequans Communications, Sierra Wireless
Cellular IoT Market
Cellular Iot Market is projected to grow from USD 3.9 billion in 2021 to USD 15.4 billion by 2027; it is expected to grow at a CAGR of +25%from 2021 to 2027.
It is widely used for asset, warehouse and workforce management, remote plant monitoring, automation, cloud-based robotics, traffic management and telematics in smartwatches and fitness bands.
Cellular IoT solutions simplify global deployment, establish a secured connection with other shared networks and support both low and high bandwidths.
As a result, they find extensive applications across various industries, including agriculture, environment monitoring, healthcare, manufacturing, automotive and energy.
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The report describes in detail market segmentation by dividing the market based on its Type, Product, Mode of Delivery, Material, End User and region and is analyzed from 2021 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends.
Key Players
being Arm Limited, Commsolid GmbH (Goodix Technology (HK) Company Limited), MediaTek Inc., Qualcomm Incorporated, Sequans Communications, Sierra Wireless, Telefonaktiebolaget LM Ericsson, Telit, Texas Instruments Incorporated, Thales Group, U-Blox Holding AG and ZTE Corporation.
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Market Segmentation
Breakup by Component:
• Hardware
• Software
o Device Management
o Signal Processing
Breakup by Type:
• 2G
• 3G
• 4G
• LTE-M
• NB-LTE-M
• NB-IoT
• 5G
Breakup by End Use:
• Agriculture
• Automotive and Transportation
• Consumer Electronics
• Energy
• Environment Monitoring
• Healthcare
• Retail
• Smart Cities
• Others
All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.
Regional Analysis:
• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Advantages to purchase Cellular IoT Market Report:
• To gain complete analysis on market potential, growth and trends data
• To analyses current competitive trends in the market and strategies used by key players to strengthen their businesses & leading market position
• Evaluate major market challenges and risks and implement solutions or strategies to mitigate the market risks
• To gain clear understanding of global market scope, potential, growth influencing drivers, restraints and opportunities
• To perceive future market outlook and growth prospects for strategic business decisions like geographic or product portfolio expansion
• Besides syndicate reports, we also offer customized research solutions and consulting services for specific business needs
Detailed TOC of Global Cellular IoT Market Research Report-
– Cellular IoT Market Introduction and Market Overview
– Cellular IoT Market, by Application
– Cellular IoT Market Industry Chain Analysis
– Cellular IoT Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Global Cellular IoT Market Status and SWOT Analysis by Regions
– Major Region of Cellular IoT Market
i) Global Cellular IoT Market Sales
ii) Global Cellular IoT Market Revenue & market share
– Major Companies List
– Conclusion
Rebecca Parker
(Report Consultant)
Contact No: +81-368444299
sales@reportconsultant.com
www.reportconsultant.com
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Report Consultant is a prime destination for your business aptitude and analytical solutions because we provide qualitative and quantitative sources of information that are proficient to give one-stop solutions. We skillfully syndicate qualitative and quantitative research in exact proportions to have the best report, which not only gives the most recent insights but also assists you to grow.
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