Overview
This Global Cellular IoT Module Forecast report provides quarterly market intelligence across the complete cellular IoT module value chain, from chipset integration, vendor portfolio dynamics, to emerging trends, technology generation mix, and regional demand shifts. It offers rigorous bottom-up sizing with forward-looking scenario analysis to quantify market scale, segment-level opportunity, and competitive positioning over a multi-year forecast horizon, along with concise analysis and takeaways that deliver, decision-ready insights to support strategic planning and execution.
What the Full Report Will Cover
Our IoT Module Forecast Report tracks the global cellular IoT module value chain, covering module vendors, chipset suppliers, along with module shipments, ASPs, and revenues. The report also provides detailed shipment and ASP analysis by region, application, and connectivity technology.
Module vendor coverage includes leading players such as Quectel, China Mobile, Fibocom, Sunsea AIoT, Telit Cinterion and others. The report also analyses key industry developments, including M&A activity, strategic partnerships, and market share shifts. Overall, the report tracks the shipment and revenue performance of the top 20 global IoT module vendors.
The technology scope spans legacy 2G and 3G technologies through 4G, LTE-M, NB-IoT, LPWA Dual-Mode, 5G, 5G RedCap, 5G eRedCap, 6G and satellite NTN-capable modules. Within 4G, the report further segments the market into LTE Cat 1, Cat 1 bis, Cat 4, and other LTE categories.
This report also tracks module vendors’ shipments and revenue performance across 18+ IoT applications across two major geographies (China and Rest of World). Some major applications we track here, namely: automotive, smart meter, point of sale, industrial, enterprise, telematics, router/CPE, asset tracking, healthcare, PC, drones etc.
The current edition covers Q2 2026, with historical data extending back to 2023 and a multi-year forecast until 2032 updated quarterly.
Who Should Read This
- IoT module and chipset vendors seeking market, shipment and competitive insights.
- Telecom operators tracking cellular IoT technology and regional trends.
- Device OEMs and IoT solution providers evaluating connectivity technologies and suppliers.
- Semiconductor companies monitoring chipset adoption and market competition.
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Investors assessing global cellular module and chipset market opportunities and vendor performances.
Key Questions the Report Answers
- Which module vendors lead the market in terms of shipments and revenue? And how do rankings differ when measured by shipment volume and revenue?
- Which connectivity technologies are gaining or losing share, and what factors are driving these shifts?
- Which chipset vendors dominate module integrations across technologies and regions?
- How are 5G RedCap and satellite NTN technologies reshaping the competitive landscape?
- How are ongoing 2G and 3G network sunsets influencing replacement demand, product design cycles, and technology migration strategies?
- How are geopolitical developments, supply-chain diversification and memory impact influencing vendor strategies?
- Which regions are driving shipment growth, and which are contributing most to revenue expansion?
