IoT Network Module Market Next Big Thing with Innovation by 2027 | Sierra Wireless, Gemalto, Huawei, LG, Telit, Quectel, Ruijie

The Latest report about the IoT Network Module  market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the IoT Network Module market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

This study especially analyses the impact of the Covid-19 outbreak on the IoT Network Module, covering the supply chain analysis, impact assessment to the IoT Network Module market size growth rate in several scenarios, and the measures to be undertaken by IoT Network Module companies in response to the COVID-19 epidemic.

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IoT Network Module Market is expected to grow from USD 384.5 billion in 2021 to USD 566.4 billion by 2027, at a CAGR of 6.7%

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:

Sierra Wireless, Gemalto, Huawei, LG, Telit, Quectel, Ruijie, China Mobile, u-blox, USR IOT,

Industry Recent Developments and Updates

Quectel launches EM060K-GL smart IoT module to support CBRS and private network use cases- October 12, 2021 – Quectel Wireless Solutions, a global supplier of IoT modules and antennas, has launched its new LTE-A Category 6 EM060K-GL module which features Citizens Broadband Radio Service (CBRS) capability to provide better service and a cost efficient solution for private mobile networks. With more than 300 private mobile networks deployed in the world, industries such as communications and IT, manufacturing, automotive, transport, utilities, public safety, mining and many others are using CBRS as a private network service. CBRS can help customers to build high capacity, low latency, robust wireless networks with improved quality of service guarantees.

Renesas Launches LTE Cat-M1 Module for Massive IoT- Renesas Electronics Corp. has introduced the RYZ014A, its first cellular IoT module supporting the LTE Cat-M1 specification, which allows devices to directly connect to the internet without the need for a gateway by relying on the existing communication infrastructure owned by mobile network operators. This makes it economical to connect each device, which is especially beneficial when installing larger networks that require a low cost per unit. The pre-tested, pre-certified RYZ014A enables customers to quickly and cost-effectively implement wireless IoT applications across the globe.

Telit Launches NE310L2 Series of NB-IoT Modules for Power- and Cost-Sensitive IoT Applications- London, April 12, 2021 – Telit, a global enabler of the Internet of Things (IoT), today launched the NE310L2 series of 3GPP Rel. 14 compliant NB-IoT modules. Featuring best-in-class power consumption, optional 2G fallback, an ultra-compact footprint and future integrated SIM support, the new modules are ideal for low-bandwidth, cost-sensitive applications that require long battery life and enhanced coverage. For more information, visit https://contact.telit.com/nbiot.

In a first, BSNL launches world’s largest NB-IoT to benefit traditional sectors- Bharat Sanchar Nigam (BSNL), in partnership with Skylotech India (Skylo), on Thursday announced a breakthrough in satellite-based narrow band-Internet of things (NB-IoT) starting with fishermen, farmers, construction, mining and logistics enterprises.

IoT Network Module Market Overview

A core need of industrial IoT is the capability to combine devices, software implementations, sensors, manufacturing production methods, and end-use customers and connectivity. Connectivity signifies smooth vertical and horizontal combination over all layers of the mechanization pyramid, giving chances to raise functional planning from the factory floor to the supply chain, by developing data, analytics, and information.

The global private narrowband IoT market is growing continually. Expansion of the NB-IoT ecosystem enables utilities, energy, and other critical infrastructure industries to deploy massive IoT solutions supporting internal operations and local communities. Therefore, the private narrowband IoT market is garnering significant traction worldwide.

Breakdown Data by Type

Lora

NB-IoT

LTE-M

Wi-Fi

Others

IoT Network Module Breakdown Data by Application

Commercial IoT Devices

Industrial IoT Devices

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global IoT Network Module market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

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IoT Network Module Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the IoT Network Module market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the IoT Network Module market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the IoT Network Module Market report.

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
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irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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