Cellular IoT Market Financial Insights, Business Growth Strategies | Commsolid GmbH, Gemalto NV, Mediatek Inc., Sierra Wireless

Exactitude Consultancy, the market research has completed and published the final copy of the detailed research report on the Cellular IoT Market. The Cellular IoT Market is expected to register a CAGR of over 25.7% over the forecast period.

According to a recent report published by Exactitude Consultancy, titled, "Cellular IoT Market by Component (Hardware, Software, Services), By Technology (2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, 5G), By Application (Alarms & Detectors, Smart Appliances, Smart Metering, Smart Parking, Smart Street Light, Surveillance & Monitoring, Trackers, Wearable Devices), and by Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa) Global Trends and Forecast from 2022 to 2029". Global Cellular IoT Market Research Report 2023 CAGR Status, Size, Industry Share, Interaction, Revenues , Development Strategy, Key Players, Competitive Landscape, Dynamics, competitive share analysis, consumption by regions, business development, technologies and growth trends, demand status and future product.

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✔ A summary of the research work.

✔ Table of Contents The study's depth of coverage

✔ Market participants at the forefront

✔ The research framework of the report's structure

✔ Exactitude Consultancy' research methodology

The report on the Cellular IoT Market includes:

Authoritative insights into the Cellular IoT Market Size
Key industry trends
Strategies adopted by major players
Dominating regions

Recent Developments in Cellular IoT Industry

In April 2021, Sierra Wireless has launched its HL7845 Module. The module features support for 450 MHz wireless spectrum and is designed to meet the IoT connectivity needs of utilities in Europe.

In March 2021, Fibocom has launched next-generation 5G NR modules compliant with 3GPP R16 standard during Mobile World Congress Shanghai (MWC-S21). The launch includes FM150 and FG160 5G module series 5G module series of sub-6 GHz frequency range as well as the FM160W and FG160W series of mmWave range.

In February 2021, Quectel launched the second-generation RG520-F and RG520-N 5G IoT modules that are compliant with 3GPP Release 16 standards. These modules support the following bands: sub-6GHz, Time Division Duplex (TDD), Frequency Division Duplex (FDD), and Carrier Aggregation (CA).

In February 2021, Fibocom has collaborated with Deutsche Telekom, the world's leading integrated telecommunications company, and Redtea, a pioneering connectivity solutions provider, to deliver best-in-class commercial-ready nuSIM IoT modules.

In January 2021, Quectel introduced RM500Q-AE, RM502Q-AE, and RM505Q-AE, a new set of 5G modules to accelerate the deployment of IoT devices. Its features include support to global 5G frequency bands, multi-gigabit data rates, multi-constellation GNSS capabilities, USB 3.0/3.1, PCIe 3.0, and eSIM interfaces

Overview of Cellular IoT Market Analysis:

Market Size 2022: US $ 4.91 Billion

Market Size by 2029: US $ 24.35 Billion

CAGR (%): 25.7

Forecast Year: 2023-2029

Base Year: 2022

Prominent companies profiled in the Cellular IoT Market report are:

Commsolid GmbH, Gemalto NV, Mediatek Inc., Mistbase Communication System, Qualcomm Incorporated, Sequans Communication, Sierra Wireless, Telit Communications PLC, Texas Instruments, U-Blox Holding AG, ZTE Corporation and others.

Highlights of the Cellular IoT Market Report:

Cellular IoT Market Development: Comprehensive information about emerging industry. This report analyses for various segments across geographies
Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Cellular IoT Market
Competitive Assessment: In-depth assessment of the Cellular IoT Market strategies, geographic and business segments of the leading players in the industry.
Market Diversification: Exhaustive information about new launching, untapped geographies, recent developments, and investments in the market

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Exactitude Consultancy follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the Cellular IoT Market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Growth rate or CAGR exhibited by a Cellular IoT Market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, Cellular IoT Market and technological developments, market trends, etc.

Customization Available: Global Cellular IoT Market

Exactitude Consultancy is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The Cellular IoT Market report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Cellular IoT Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

Statistical Analysis

The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our subject experts gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.

We provide statistical modelling, inferential statistical analysis, descriptive statistical analysis, and predictive analysis among various other types of studies. Thus, we provide customized reports with data preparation, management, and analysis. We also have a continuous feedback system, wherein our team ensures that new Cellular IoT Market developments are accurately incorporated in the previous databases.

Surveys And Discussion with Industry Leaders

Conducting primaries of industrial experts and subject experts is one of the most important steps of our research analysis. It is a continuous process and is carried out at each level along the value chain. To ensure that the Cellular IoT Market estimates are unbiased and depict the actual market scenario, we carry out questionnaires-based research and telephonic discussions with raw material suppliers and manufacturers, product manufacturers and distributors. Additionally, we also cover insights from representatives of regulatory bodies and industry associations.

With the help of insights collected from industrial experts, we are able identify Cellular IoT Market segments and key parameters including spending habits of consumers, raw material and production trends, pricing mechanism, and expansion plans of market players. This helps us in providing an-depth analysis of the concerned market.

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This release was published on openPR.