Global Cellular IoT Module Market Analysis: Q2 2022

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Sep 21, 2022
Overview:
  • Global cellular IoT module shipments reached 134 million units in Q2 2022. Shipments and revenue grew by 20% and 24% YoY respectively.
  • Again, India was the fastest growing IoT module market (264%) driven by smart meter, telematics, POS and automotive applications.
  • Qualcomm is the leading cellular IoT chipset vendor followed by UNISOC and ASR.
  • Smart meter, POS, industrial, router/CPE and asset tracking were the top five applications this quarter in terms of shipments.
  • The top five technologies, including NB-IoT, 4G Cat 1, 4G Cat 4, 4G Cat 1 bis and LPWA-Dual Mode, captured more than 80% of the shipments in this quarter
Table of Contents:
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Category

Industry

IoT

Report Type

Report

Summary

Published

Sep 21, 2022

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Author

Soumen Mandal

Soumen is a Senior Analyst tracking IoT, Automotive and Telecommunication ecosystem at Counterpoint Technology Market Research. He is interested in IoT applications, connections, components, electric vehicles, connected cars, autonomous vehicles, semiconductors, shared mobility, services and emerging technologies. He started his career as an Energy Analyst with Manikaran Power Ltd. He has experience working with DISCOMs and SLDCs in the Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and an MBA in Marketing & Finance.

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.

Subhadip Roy

Subhadip Roy is a Research Analyst at Counterpoint, specializing in IoT cellular modules, chipsets, NAD modules, Satellite IoT, and IoT applications. With a technical background, Subhadip holds a B-Tech degree in Electrical Engineering from West Bengal University of Engineering. He contributes to research and analysis in the evolving IoT industry, with a focus on technological advancements and market trends.

Hanumant Pawar

Hanumant Pawar, in Counterpoint's IoT research, focuses on the cellular IoT module market and applications like smart meters and point-of-sale devices. He holds a bachelor’s degree in mechanical engineering from Pune University.

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