Press Releases
 
Cellular IoT Market - Global Industry Analysis, Size and Forecast, 2017-2022

https://www.marketsandmarkets.com/Market-Reports/cellular-iot-market-232497754.html

United States, 5 December 2018 -- Cellular IoT Market by Offering (Hardware and Software) , Type (2G, 3G, 4G, LTE–M, NB–LTE–M, NB–IoT, and 5G)

According to the new market research report "Cellular IoT Market by Offering (Hardware and Software) , Type (2G, 3G, 4G, LTE–M, NB–LTE–M, NB–IoT, and 5G), End-Use Application (Automotive & Transportation, Energy, Manufacturing, Retail, Building Automation and Smart City) & Geography - Global Forecast to 2022", is expected to grow from USD 1.26 Billion in 2015 to USD 5.31 Billion by 2022, at a CAGR of 23.34% during the forecast period.

Rising demand for extended network coverage and capacity to accommodate large number of connected devices are expected to drive the market for cellular IoT. Moreover, increasing demand for end-to-security between network connected devices also contributes to the growth of cellular IoT market

2G market to hold the largest share of the cellular IoT market

2G is widely adopted for IoT applications because of low cost of chipset and majority of connected devices in massive IoT require low data transfer rate which makes 2G an ideal connectivity technology in comparison to 3G, 4G and others.  With growth in smart grid projects in countries such as China, Japan and South Korea, adoption of 2G is expected to be higher, especially in smart meters, which is expected to drive the 2G market.

Building automation expected to grow at the highest rate in between 2016 and 2022

The demand for energy management, along with the increasing demand for green homes drives the growth of the building automation market. Moreover, low power consumption is an important factor that drives the growth adoption of cellular IoT modules for building automation. Also, smart city projects in North America and Asia-Pacific regions are expected to drive building automation market.

North America to hold the major market share for cellular IoT market during the forecast period

North America, which comprises the U.S., Mexico, and Canada, dominates the cellular IoT market on a global level. North America presents a huge opportunity for cellular IoT connectivity considering the IoT developments taking place in infrastructure, smart building, utilities, agriculture, and transportation. The U.S. government has been investing significant amounts toward the implementation of IoT across various sectors such as infrastructure and utilities under programs such as Smart America. The Smart America Project exhibits the manner in which IoT can improve transportation, emergency services, healthcare, security, energy conservation, and manufacturing. This is expected to bring huge opportunity for cellular IoT in North America.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232497754

The major players in the cellular-IoT market are Qualcomm Inc. (U.S.), Gemalto N.V. (Netherlands), Sierra Wireless (Canada), U-Blox Holding AG (Switzerland), MediaTek Inc. (Taiwan), Telit Communications PLC (U.K.), ZTE Corporation (China), Mistbase (Sweden), Sequans Communications (France) and CommSolid GmbH (Germany).



About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
​​​​​​​newsletter@marketsandmarkets.com

# # #


Document Attached Image Attached Download file at: 60062
(Right click and save file to download.)

Submitted by stevestark002 on Wednesday, 5 December 2018 at 3:37 PM
Category: Consumer Technology
 
Related News

Industrial Internet of Things Market Size | IIoT Industry Report, 2023
Friday, 18 Jan 2019

WITHit Celebrates 5 Years of Making Products that Make Electronic Devices Better
Friday, 18 Jan 2019

Gas Sensors Market Size, Growth, Trend and Forecast to 2023 | MarketsandMarkets
Friday, 18 Jan 2019

Automotive Artificial Intelligence Market worth 10,573.3 Million USD by 2025
Friday, 18 Jan 2019

Rugged FAN6500X Buck Regulators from ON Semiconductor Featured in THE EDGE by Future Electronics
Friday, 18 Jan 2019

Related Events

Palo Alto Networks: Carrera por la Ciberseguridad con Palo Alto Networks
Thursday, 24 Jan 2019

Fertilizer Latino Americano 2019
Monday, 28 Jan 2019

Palo Alto Networks: France ABM Cyber Range - February 6
Wednesday, 6 Feb 2019

Datacloud India
Wednesday, 13 Feb 2019

3rd Interventions in Aging Conference
Sunday, 3 Mar 2019

Latest News

The way to Change a Tyre in your Personal
Sunday, 20 Jan 2019

Bogdan V Has released his breakthrough method for women over 45 to reach their ideal weight
Sunday, 20 Jan 2019

How to Jump Start a Car
Sunday, 20 Jan 2019

Fuel Delivery Companies - What Do They offer?
Sunday, 20 Jan 2019

Solving Your Car Lockout Problem Together with the Enable of Car Locksmith
Saturday, 19 Jan 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Sunday, 20 January 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Breast Ultrasound CME Course with Tom Stavros, San Antonio 2019
  • Maternal-Fetal Imaging CME Course Advances in OB-GYN Ultrasound 2019
  • 2nd Tri-Regional Meeting - A New smile for Africa, Jan 2019, Kenya
  • China Britain Trade Expo January 2019, QEII Centre London
  • Palo Alto Networks: Traps UTD - Mumbai 18 January 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.