PUBLISHER: TechNavio | PRODUCT CODE: 2144819
PUBLISHER: TechNavio | PRODUCT CODE: 2144819
The global cellular IOT market is forecasted to grow by USD 18819955.5 thousand during 2025-2030, accelerating at a CAGR of 26.1% during the forecast period. The report on the global cellular IOT market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by proliferation of advanced 5g networks, exponential demand for industrial automation, expansion of smart city initiatives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 25.4% |
| CAGR | 26.1% |
| Incremental Value | $18819955.5 thousand |
Technavio's global cellular IOT market is segmented as below:
By Component
By Type
By End-User
Geography
This study identifies the proliferation of smart metering systems as one of the prime reasons driving the global cellular IOT market growth during the next few years. Also, acceleration of fleet telematics solutions and expansion of satellite cellular convergence will lead to sizable demand in the market.
The report on the global cellular IOT market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global cellular IOT market vendors that include Advantech Co. Ltd., Aeris Communications Inc., Digi International Inc., EMnify GmbH, Fibocom Wireless Inc., GosuncnWelink Technology Co. Ltd, KORE Group Holdings Inc., MediaTek Inc., MeiG Smart Technology Co. Ltd, Multi Tech Systems Inc., Murata Manufacturing Co. Ltd., Nokia Corp., Nordic Semiconductor ASA, Qualcomm Inc., Quectel Wireless Solutions Co., Semtech Corp., Soracom, Telefonaktiebolaget Ericsson, Telit Cinterion, u blox AG, Wireless Logic. Also, the global cellular IOT market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.