Overview

The Cellular IoT Module Tracker, Q2 2026 provides a comprehensive view of the global cellular IoT module market, covering module vendors, chipset suppliers, shipments, ASPs and revenues. It tracks the top 20 module vendors and top 12 chipset vendors, with detailed analysis by vendor, region, application and connectivity technology.

The report covers 2G, 3G, LTE Cat 1, Cat 1 bis, Cat 4, LTE-M, NB-IoT, LPWA Dual-Mode, 5G, 5G RedCap and satellite NTN technologies. It also covers key industry developments, including 2G/3G network sunsets, technology migration, memory-related supply constraints, geopolitical developments, supply-chain diversification, M&A activity, strategic partnerships and changes in the competitive landscape.

What the Full Report Will Cover

Our IoT Module 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 vendor, region, 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.

On the chipset front, the report covers major suppliers such as Qualcomm, UNISOC, ASR Microelectronics, MediaTek, HiSilicon, Eigencomm, Xinyi and others. Currently, we track shipment performance for the top 12 IoT chipset vendors globally.

The technology scope spans legacy 2G and 3G technologies through LTE Cat 1, LTE Cat 1 bis, LTE Cat 4, LTE-M, NB-IoT, LPWA Dual-Mode, 5G, 5G RedCap, 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.

Geographically, the report provides detailed coverage of China, North America, Europe, India, Latin America, the Middle East & Africa, and the Rest of APAC. Regional analysis is particularly important as certification requirements, network evolution, and 2G/3G sunset timelines vary significantly across markets.

 The current edition covers Q2 2026, with historical data extending back to 2022 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.
• Investors assessing Global Cellular Module and Chipset market opportunities and vendor performance.

 
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?