Global Cellular IoT Modules market cagr 8.1%

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Cellular IoT Modules Market

Cellular IoT Modules Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Cellular IoT Modules Market Size and Growth

The global Cellular IoT Modules market is projected to reach a size of $4.7 billion by 2026, driven by the increasing adoption of IoT technology across various industries. Key trends include the rising demand for low-power and cost-efficient modules, with a focus on enhanced connectivity and security features.

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Companies Covered (Covid 19 Impact Covered)

◍ Murata

◍ u-blox AG

◍ Digi

◍ Fibocom

◍ Gemalto

◍ GosuncnWelink

◍ Multi-Tech Systems Inc

◍ Neowa

◍ Nordic Semiconductor

◍ Pycom

◍ Quectel

◍ Sequans Communications

◍ Sercomm

◍ Shanghai Yuge Information Technology

◍ Sierra Wireless

◍ SIMCom

◍ Telit Communications

The competitive landscape of the Cellular IoT Modules Market includes companies such as Murata, u-blox AG, Digi, Fibocom, Gemalto, GosuncnWelink, Multi-Tech Systems Inc, Neowa, Nordic Semiconductor, Pycom, Quectel, Sequans Communications, Sercomm, Shanghai Yuge Information Technology, Sierra Wireless, SIMCom, and Telit Communications. These companies provide cellular IoT modules for various applications such as smart city, healthcare, agriculture, and industrial automation, contributing to the growth of the market.

- Murata: Sales revenue of $9.58 billion

- u-blox AG: Sales revenue of $393.4 million

- Telit Communications: Sales revenue of $293 million

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Market Segmentation

By Application

◍ Smart Home Appliances

◍ Automobile

◍ Industrial Control

◍ Consumer Electronics

◍ Other

By Product

◍ Cat M1

◍ Cat NB1

◍ GPRS

◍ Cat NB2

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$ X Billion USD
Market Growth
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