Global Cellular IoT Market Size, Share, Trends & Growth Analysis Report 2026-2034

Description

The Cellular IoT Market size is expected to reach USD 91.33 Billion in 2034 from USD 11.31 Billion (2025) growing at a CAGR of 26.12% during 2026-2034.

The cellular IoT market is poised for remarkable growth as the demand for connected devices and smart solutions continues to rise across various industries. Cellular IoT technology enables devices to communicate over cellular networks, providing reliable and scalable connectivity for applications such as smart cities, industrial automation, and asset tracking. As organizations increasingly seek to leverage the benefits of IoT, the adoption of cellular IoT solutions is expected to surge, driving market expansion.

Technological advancements are significantly influencing the cellular IoT market, with innovations in network technologies, such as 5G and narrowband IoT (NB-IoT), enhancing connectivity options for IoT devices. These advancements are enabling faster data transmission, lower latency, and improved energy efficiency, making cellular IoT solutions more attractive for a wide range of applications. As these technologies continue to evolve, they will not only enhance the performance of cellular IoT devices but also expand their potential use cases across various sectors, including healthcare, transportation, and agriculture. The integration of artificial intelligence and machine learning into cellular IoT systems is further driving innovation, allowing for smarter data analytics and real-time decision-making.

Moreover, the cellular IoT market is benefiting from increasing investments in infrastructure and the growing emphasis on digital transformation. As businesses and governments prioritize the development of smart infrastructure, the demand for reliable and secure cellular connectivity is expected to rise. This trend is likely to drive collaboration between telecommunications providers, technology developers, and end-users, fostering the creation of tailored solutions that meet specific industry needs. The convergence of technological advancements, infrastructure investments, and market demand positions the cellular IoT sector for sustained growth and significant contributions to the future of connected technologies.

Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:

Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.

Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.

Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.

Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.

Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.

Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.

Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.

MARKET SEGMENTATION

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
Others

By Vertical

Agriculture
Automotive & Transportation
Building Automation
Consumer Electronics
Energy & Utilities
Healthcare
Industrial/ Manufacturing
Retail
Smart Cities
Others

COMPANIES PROFILED

Quectel, Thales Group, Fibocom Wireless, Telit Communications, ublox Holding, Sierra Wireless, Qualcomm, Mediatek, UNISOC Technologies, Intel, Nordic Semiconductor, Murata Manufacturing, Analog Devices, Qorvo, Skyworks

We can customise the report as per your requriements

Product Code: VMR11219174

Chapter 1. PREFACE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1 List of Data Sources

Chapter 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook

Chapter 3. MARKET VARIABLES, TRENDS, FRAMEWORK

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
- 3.4.1 Standards & Compliance
- 3.4.2 Regulatory Impact Analysis
3.5. Market Dynamics
- 3.5.1 Market Drivers
- 3.5.2 Market Restraints
- 3.5.3 Market Opportunities
- 3.5.4 Market Challenges
3.6. Porter's Five Forces Analysis
3.7. PESTLE Analysis

Chapter 4. GLOBAL CELLULAR IOT MARKET: BY COMPONENT 2022-2034 (USD MN)

4.1. Market Analysis, Insights and Forecast Component
4.2. Hardware Estimates and Forecasts By Regions 2022-2034 (USD MN)
4.3. Software Estimates and Forecasts By Regions 2022-2034 (USD MN)
4.4. Services Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 5. GLOBAL CELLULAR IOT MARKET: BY TECHNOLOGY 2022-2034 (USD MN)

5.1. Market Analysis, Insights and Forecast Technology
5.2. 2G Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.3. 3G Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.4. 4G Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.5. LTE-M Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.6. NB-LTE-M Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.7. NB-IoT Estimates and Forecasts By Regions 2022-2034 (USD MN)
5.8. 5G Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 6. GLOBAL CELLULAR IOT MARKET: BY APPLICATION 2022-2034 (USD MN)

6.1. Market Analysis, Insights and Forecast Application
6.2. Alarms & Detectors Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.3. Smart Appliances Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.4. Smart Metering Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.5. Smart Parking Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.6. Smart Street Light Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.7. Surveillance & Monitoring Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.8. Trackers Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.9. Wearable Devices Estimates and Forecasts By Regions 2022-2034 (USD MN)
6.10. Others Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 7. GLOBAL CELLULAR IOT MARKET: BY VERTICAL 2022-2034 (USD MN)

7.1. Market Analysis, Insights and Forecast Vertical
7.2. Agriculture Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.3. Automotive & Transportation Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.4. Building Automation Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.5. Consumer Electronics Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.6. Energy & Utilities Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.7. Healthcare Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.8. Industrial/ Manufacturing Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.9. Retail Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.10. Smart Cities Estimates and Forecasts By Regions 2022-2034 (USD MN)
7.11. Others Estimates and Forecasts By Regions 2022-2034 (USD MN)

Chapter 8. GLOBAL CELLULAR IOT MARKET: BY REGION 2022-2034(USD MN)

8.1. Regional Outlook
8.2. North America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 8.2.1 By Component
- 8.2.2 By Technology
- 8.2.3 By Application
- 8.2.4 By Vertical
- 8.2.5 United States
- 8.2.6 Canada
- 8.2.7 Mexico
8.3. Europe Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 8.3.1 By Component
- 8.3.2 By Technology
- 8.3.3 By Application
- 8.3.4 By Vertical
- 8.3.5 United Kingdom
- 8.3.6 France
- 8.3.7 Germany
- 8.3.8 Italy
- 8.3.9 Russia
- 8.3.10 Rest Of Europe
8.4. Asia-Pacific Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 8.4.1 By Component
- 8.4.2 By Technology
- 8.4.3 By Application
- 8.4.4 By Vertical
- 8.4.5 India
- 8.4.6 Japan
- 8.4.7 South Korea
- 8.4.8 Australia
- 8.4.9 South East Asia
- 8.4.10 Rest Of Asia Pacific
8.5. Latin America Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 8.5.1 By Component
- 8.5.2 By Technology
- 8.5.3 By Application
- 8.5.4 By Vertical
- 8.5.5 Brazil
- 8.5.6 Argentina
- 8.5.7 Peru
- 8.5.8 Chile
- 8.5.9 South East Asia
- 8.5.10 Rest of Latin America
8.6. Middle East & Africa Market Analysis, Insights and Forecast, 2022-2034 (USD MN)
- 8.6.1 By Component
- 8.6.2 By Technology
- 8.6.3 By Application
- 8.6.4 By Vertical
- 8.6.5 Saudi Arabia
- 8.6.6 UAE
- 8.6.7 Israel
- 8.6.8 South Africa
- 8.6.9 Rest of the Middle East And Africa

Chapter 9. COMPETITIVE LANDSCAPE

9.1. Recent Developments
9.2. Company Categorization
9.3. Supply Chain & Channel Partners (based on availability)
9.4. Market Share & Positioning Analysis (based on availability)
9.5. Vendor Landscape (based on availability)
9.6. Strategy Mapping

Chapter 10. COMPANY PROFILES OF GLOBAL CELLULAR IOT INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Company Profiles
- 10.2.1 Quectel
- 10.2.2 Thales Group
- 10.2.3 Fibocom Wireless
- 10.2.4 Telit Communications
- 10.2.5 U-Blox Holding
- 10.2.6 Sierra Wireless
- 10.2.7 Qualcomm
- 10.2.8 Mediatek
- 10.2.9 UNISOC Technologies
- 10.2.10 Intel
- 10.2.11 Nordic Semiconductor
- 10.2.12 Murata Manufacturing
- 10.2.13 Analog Devices
- 10.2.14 Qorvo
- 10.2.15 Skyworks