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Cellular IoT Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

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    Report

  • 186 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5950520
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The Global Cellular IoT Market, valued at USD 5.10 Billion in 2024, is projected to experience a CAGR of 22.70% to reach USD 17.40 Billion by 2030. The Cellular Internet of Things (IoT) involves connecting physical devices to the internet utilizing cellular networks, including technologies such as 4G LTE, 5G, NB-IoT, and LTE-M, enabling robust data exchange and remote management.

Key Market Drivers

The evolution of 5G and Low Power Wide Area Network LPWAN technologies represents a critical catalyst for the Global Cellular IoT Market. Innovations such as 5G Reduced Capability RedCap are specifically designed to bridge the gap between high-speed mobile broadband and ultra-low-bandwidth IoT devices, offering enhanced power efficiency and reduced complexity. This technical progression enables a broader range of IoT applications that require balanced performance and cost structures, thereby accelerating wider deployment.

Key Market Challenges

The inherent complexity and substantial cost of deploying and maintaining cellular IoT infrastructure represent a significant impediment to the global market's expansion. Both initial capital expenditure and ongoing operational expenditures create considerable financial burdens for enterprises looking to integrate cellular IoT solutions. This financial barrier limits widespread adoption, particularly for small and medium-sized businesses or organizations operating with tighter budgets, consequently slowing the overall pace of market penetration across various sectors.

Key Market Trends

eSIM and iSIM integration for enhanced flexibility represents a pivotal trend for scaling cellular IoT deployments by addressing operational complexities. These technologies streamline device provisioning and management through remote SIM activation, eliminating the need for physical card swaps and simplifying global deployments. This reduces logistical overhead and enables dynamic connectivity changes, which is crucial for devices operating across diverse geographical locations or multiple network operators.

Key Market Players Profiled:

  • Commsolid GmbH
  • Sequans Communications
  • MediaTek Inc.
  • ZTE Corporation
  • U-Blox
  • Texas Instruments Incorporated
  • Qualcomm Technologies, Inc.
  • Thales Group
  • Semtech Corporation
  • Telit Cinterion

Report Scope:

In this report, the Global Cellular IoT Market has been segmented into the following categories:

By Component:

  • Hardware
  • Software

By Type:

  • 2G
  • 3G
  • 4G
  • 5G
  • LTE-M
  • NB-LTE-M
  • NB-IoT

By End User:

  • Retail
  • Energy
  • Healthcare
  • Manufacturing
  • Consumer Electronics
  • Automotive & Transportation
  • Other

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cellular IoT Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:
  • Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Cellular IoT Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Hardware, Software)
5.2.2. By Type (2G, 3G, 4G, 5G, LTE-M, NB-LTE-M, NB-IoT)
5.2.3. By End User (Retail, Energy, Healthcare, Manufacturing, Consumer Electronics, Automotive & Transportation, Other)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. North America Cellular IoT Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Type
6.2.3. By End User
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Cellular IoT Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By Type
6.3.1.2.3. By End User
6.3.2. Canada Cellular IoT Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By Type
6.3.2.2.3. By End User
6.3.3. Mexico Cellular IoT Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By Type
6.3.3.2.3. By End User
7. Europe Cellular IoT Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Type
7.2.3. By End User
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Cellular IoT Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Type
7.3.1.2.3. By End User
7.3.2. France Cellular IoT Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Type
7.3.2.2.3. By End User
7.3.3. United Kingdom Cellular IoT Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Type
7.3.3.2.3. By End User
7.3.4. Italy Cellular IoT Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By Type
7.3.4.2.3. By End User
7.3.5. Spain Cellular IoT Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By Type
7.3.5.2.3. By End User
8. Asia Pacific Cellular IoT Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Type
8.2.3. By End User
8.2.4. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Cellular IoT Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Type
8.3.1.2.3. By End User
8.3.2. India Cellular IoT Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Type
8.3.2.2.3. By End User
8.3.3. Japan Cellular IoT Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Type
8.3.3.2.3. By End User
8.3.4. South Korea Cellular IoT Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Type
8.3.4.2.3. By End User
8.3.5. Australia Cellular IoT Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Type
8.3.5.2.3. By End User
9. Middle East & Africa Cellular IoT Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Type
9.2.3. By End User
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Cellular IoT Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Type
9.3.1.2.3. By End User
9.3.2. UAE Cellular IoT Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Type
9.3.2.2.3. By End User
9.3.3. South Africa Cellular IoT Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Type
9.3.3.2.3. By End User
10. South America Cellular IoT Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Type
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Cellular IoT Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Type
10.3.1.2.3. By End User
10.3.2. Colombia Cellular IoT Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Type
10.3.2.2.3. By End User
10.3.3. Argentina Cellular IoT Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Type
10.3.3.2.3. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Cellular IoT Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Commsolid GmbH
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. Sequans Communications
15.3. MediaTek Inc.
15.4. ZTE Corporation
15.5. U-Blox
15.6. Texas Instruments Incorporated
15.7. Qualcomm Technologies, Inc.
15.8. Thales Group
15.9. Semtech Corporation
15.10. Telit Cinterion
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

  • Commsolid GmbH
  • Sequans Communications
  • MediaTek Inc.
  • ZTE Corporation
  • U-Blox
  • Texas Instruments Incorporated
  • Qualcomm Technologies, Inc.
  • Thales Group
  • Semtech Corporation
  • Telit Cinterion

Table Information