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Detailed examination of the +20% CAGR growth to be driven by cellular IoT industry

IT Market Research

The cellular IoT market is expected to grow at a CAGR of +20% by 2022.The cellular IoT market has been segmented on the basis of offering, type, end-use application, and geography. The market based on offering has been further segmented into hardware, software. The market based on type includes 2G, 3G, 4G, LTE–M, NB–LTE–M, NB–IoT, and 5G. The cellular IoT market based on end-use application are agriculture, environmental monitoring, and healthcare, building automation, automotive and transportation, and many others. On the basis of geography, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World.

The demand for long-range communication sowing to the increase in demand for connectivity between mobile objects or objects spread out across a wide area drives the growth of NB-IoT market. Moreover, NB-IoT offers low power utilization and extended coverage in comparison to existing technologies such as LoRa and SigFox and is therefore expected to be widely adopted by several industries.

This report studies the Cellular IoT market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions, and splits the Cellular IoT market by product and Application/end industries.

The global Cellular IoT market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

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The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing Korea and Taiwan regions.

North America will still play an important role which cannot be ignored. Any changes from North America might affect the development trend of Cellular IoT.

Europe also play important roles in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX.

The major players in global market include Qualcomm Incorporated, Sierra Wireless, Gemalto NV, Telit Communications PLC, U–Blox Holding AG, Texas Instruments, ZTE Corporation, Sequans Communication, Mistbase Communication System, Mediatek, Commsolid GmbH.

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Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Cellular IoT for these regions, from 2012 to 2022 (forecast)

On the basis on the end users/Application, this report covers: Agriculture, Envoirnment Monitoring, Automotive & Transportation, Energy, Healthcare, Retail, Smart City, Consumer Electronics, Building Automation and Manufacturing.

The manufacturers in the Global Cellular IoT Market are designated in terms of their product and shares in the annual volume of the market between for 2017 and 2025. This passage also includes details on the revenue generation capacity of key manufacturers.

The report also explains the global market in terms of the current competitive scenario, using recent events including competitor expansions, public developments, unions and achievements, and new product launches.

The geographical segmentation of the Global Cellular IoT Market can help regional players ascertain their success rate in their regions. It can also provide globally prominent players a key to their expansion plans by generating focus on favorable regions.

The key regions focused on within the report include North America, Europe, Middle East & Africa, Asia-Pacific and Latin America. For each key region, the report divulges important data, such as consumption ratios, revenue streams, production rates, market shares, and future expected trends.

The competitive landscape of the Global Cellular IoT Market is described in terms of the players and their statistics. For each key player, the report reveals production rates, costing, overall pricing, revenue generation, and market share within the global market.

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