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Global Cellular IoT Module Market Analysis: Q1 2021

Jul 14, 2021 | Author : Soumen Mandal and Anish Khajuria


  • Global cellular IoT module shipments increased by 50% YoY and 11% QoQ during Q1 2021. The market made a tremendous comeback during the quarter as the COVID-19 pandemic was under control globally in that period.
  • We expect IoT module market to increase further as new projects implementation have started and COVD-19 accelerated IoT adoption across all industry verticals.
  • Europe, North America and Japan registered healthy growth annually while Latin America was the only region that did not grow in terms of revenue during Q1 2021.
  • China maintained its lead across geographies with a growing demand for cellular IoT modules.
  • Quectel and Qualcomm maintained their top positions in the cellular IoT module vendor and chipset player market shares, respectively.
  • Automotive, router/CPE and industrial are the top three applications in terms of revenue.
  • 5G captured nearly 20% share of the IoT module revenues during this quarter.

Table of Contents:

  • Module and Chipset Player Analysis
  • Regional Analysis
  • Connectivity Analysis
  • Application Analysis
  • Recent Developments
  • Operator’s Strategy
  • Forecast Analysis
  • Featured Report: Router / CPE

Number of Pages: 77


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