Overview:
- IoT module shipments grew 11% in Q2 2024 (vs Q2 2023).
- China and India registered positive growth driven by the good performance of smart meter, POS, asset tracker and router/CPE segments.
- Quectel, China Mobile, and Fibocom were the leading module players, collectively holding half of the global market in Q2 2024.
- Smart meters, POS, and automotive continue to be the top three applications.
- Global module shipments to grow at 9.2% CAGR to reach 914 million units by 2030.
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Tina Lu
Tina has extensive consulting and analysis experience across a number of industry sectors including more than 14 years in the technology industry. Before Counterpoint, Tina spent more than 9 years in Nokia working in multiple roles and geographic regions. Tina also worked in brand and product marketing for Bestfoods-Unilever and BGH. Tina holds an MBA degree from the Thunderbird School of Global Management.
Anish Khajuria
Anish is an Analyst at Counterpoint Research with over four years of experience in the IoT and emerging technologies sector. His work focuses on analyzing market trends and delivering insightful reports that help shape strategic decisions. Anish's expertise spans across AI, edge computing and digital transformation, making him a pivotal player in the tech industry's evolving landscape. He’s passionate about driving innovation and crafting smart solutions that redefine connectivity and efficiency.
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