Market Overview:
The global IoT modules market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for IoT modules in various applications such as industrial, healthcare, smart agriculture, logistics, retail, education and transportation. Additionally, the growing trend of smart cities is also contributing significantly to the growth of this market. The global IoT modules market by type is segmented into LPWANs (including NB-IoT and LoRa), cellular (3G/4G/5G), Zigbee, Bluetooth and BLE (including Classic Bluetooth and Low Energy Bluetooth), Wi-Fi and RFID. The LPWANs segment is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. This high growth rate can be attributed to the increasing demand for low power wide area networks for connecting devices that are located in remote areas or have low bandwidth requirements. The global IoT modules market by application is segmented into industrial, healthcare, smart agriculture,, logistics,, retail,, education,, transportation,, energyandsmart cities,.
Product Definition:
IoT modules are devices that allow for the collection of data from various sensors and transmitters in order to monitor and control physical objects or systems. The importance of IoT modules is that they provide a way to collect data from a variety of sources, which can then be used to make better decisions about how to manage physical objects or systems.
LPWANs:
LPWANs (Low Power Wide Area Network) are low power and wide area networking technologies that provide solutions for communication over large distances using a variety of small devices, such as sensors, wireless nodes, and gateways. LPWAN technology is used in various applications including asset tracking & monitoring systems, smart metering systems for electricity utilities management among others.
Cellular (3G/4G/5G):
Cellular (3G/4G/5G) is a technology that provides seamless mobile data connectivity. It allows the communication between devices and people over long distances using radio waves. The technology has been evolving for decades and currently, there are several generations of cellular networks available worldwide. Each generation has improved bandwidth, speed, coverage area and efficiency as compared to the previous one.
Application Insights:
The industrial segment dominated the global IoT modules market in terms of revenue and is expected to continue its dominance over the forecast period. The growing need for automation in industries such as manufacturing, oil & gas, and utilities is leading to an increased adoption of connected devices. These devices form part of a larger system that includes sensors that collect data from different parts of a factory or plant floor and transfer it via wireless communication technologies to other parts for analysis. The collected data can be used by humans or machines alike for making decisions regarding processes such as production schedules, machine maintenance tasks, inventory levels, etc.
The healthcare segment accounted for more than 11% share in 2017 owing to increasing demand from medical device manufacturers who are focusing on reducing costs associated with product development cycle while improving patient safety through effective information flow between departments within hospitals or clinics using IoT solutions enabled with Modular Smart Platform (MSP).
Regional Analysis:
The North American region dominated the market in terms of revenue share in 2017. The growth can be attributed to the increasing adoption of IoT technology across various sectors, such as healthcare, retail, transportation and others. Moreover, a growing number of smart cities initiative is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increased penetration of internet users and rising demand for connected devices at customer’s end. Additionally, an increase in disposable income levels coupled with improved standards of living are likely to contribute toward regional market development during the same period. Increasing investments by governments across developing countries are also contributing toward industry expansion through innovative services and products that leverage emerging technologies such as big data analytics or cloud computing paradigm shift in IT infrastructure deployment model (from monolithic architecture).
Growth Factors:
- Increasing demand for smart devices and gadgets
- Proliferation of low-cost sensors and modules
- Growing demand for data analytics and insights
- Rising trend of IoT-enabled smart cities and buildings
- Emergence of new use cases for IoT modules
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Modules Market Research Report
By Type
LPWANs, Cellular (3G/4G/5G), Zigbee, Bluetooth and BLE, Wi-Fi, RFID
By Application
Industrial, Healthcare, Smart Agriculture, Logistics, Retail, Education, Transportation, Energy, Smart Cities, Others
By Companies
Riverdi, Tibbo, Asiatelco, Cavli Wireless, Cheerzing, CMCC, Fibocom, Gemalto, H3C, Huawei, KDDI, Lierda, Longsung, Meig, Mobiletek, Mokuai, Multitech, Neoway, NimbeLink, Quectel, Ruijie, Sequans, SERCOM, Sierra Wireless, SimCom, Skyworks, Telit, ZTEWelink, Yuge Information Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global IoT Modules Market Report Segments:
The global IoT Modules market is segmented on the basis of:
Types
LPWANs, Cellular (3G/4G/5G), Zigbee, Bluetooth and BLE, Wi-Fi, RFID
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Healthcare, Smart Agriculture, Logistics, Retail, Education, Transportation, Energy, Smart Cities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Riverdi
- Tibbo
- Asiatelco
- Cavli Wireless
- Cheerzing
- CMCC
- Fibocom
- Gemalto
- H3C
- Huawei
- KDDI
- Lierda
- Longsung
- Meig
- Mobiletek
- Mokuai
- Multitech
- Neoway
- NimbeLink
- Quectel
- Ruijie
- Sequans
- SERCOM
- Sierra Wireless
- SimCom
- Skyworks
- Telit
- ZTEWelink
- Yuge Information Technology
Highlights of The IoT Modules Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LPWANs
- Cellular (3G/4G/5G)
- Zigbee
- Bluetooth and BLE
- Wi-Fi
- RFID
- By Application:
- Industrial
- Healthcare
- Smart Agriculture
- Logistics
- Retail
- Education
- Transportation
- Energy
- Smart Cities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Modules Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT modules are small, low-cost devices that can be embedded in products to enable them to connect with the internet and other devices. They can be used for a variety of purposes, such as monitoring temperature or humidity levels, tracking vehicle location or movement, or managing home security systems.
Some of the key players operating in the iot modules market are Riverdi, Tibbo, Asiatelco, Cavli Wireless, Cheerzing, CMCC, Fibocom, Gemalto, H3C, Huawei, KDDI, Lierda, Longsung, Meig, Mobiletek, Mokuai, Multitech, Neoway, NimbeLink, Quectel, Ruijie, Sequans, SERCOM, Sierra Wireless, SimCom, Skyworks, Telit, ZTEWelink, Yuge Information Technology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IoT Modules Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IoT Modules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IoT Modules Market - Supply Chain
4.5. Global IoT Modules Market Forecast
4.5.1. IoT Modules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IoT Modules Market Size (000 Units) and Y-o-Y Growth
4.5.3. IoT Modules Market Absolute $ Opportunity
5. Global IoT Modules Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IoT Modules Market Size and Volume Forecast by Type
5.3.1. LPWANs
5.3.2. Cellular (3G/4G/5G)
5.3.3. Zigbee
5.3.4. Bluetooth and BLE
5.3.5. Wi-Fi
5.3.6. RFID
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IoT Modules Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IoT Modules Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Healthcare
6.3.3. Smart Agriculture
6.3.4. Logistics
6.3.5. Retail
6.3.6. Education
6.3.7. Transportation
6.3.8. Energy
6.3.9. Smart Cities
6.3.10. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IoT Modules Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IoT Modules Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IoT Modules Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IoT Modules Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IoT Modules Demand Share Forecast, 2019-2026
9. North America IoT Modules Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IoT Modules Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IoT Modules Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Healthcare
9.4.3. Smart Agriculture
9.4.4. Logistics
9.4.5. Retail
9.4.6. Education
9.4.7. Transportation
9.4.8. Energy
9.4.9. Smart Cities
9.4.10. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IoT Modules Market Size and Volume Forecast by Type
9.7.1. LPWANs
9.7.2. Cellular (3G/4G/5G)
9.7.3. Zigbee
9.7.4. Bluetooth and BLE
9.7.5. Wi-Fi
9.7.6. RFID
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IoT Modules Demand Share Forecast, 2019-2026
10. Latin America IoT Modules Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IoT Modules Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IoT Modules Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Healthcare
10.4.3. Smart Agriculture
10.4.4. Logistics
10.4.5. Retail
10.4.6. Education
10.4.7. Transportation
10.4.8. Energy
10.4.9. Smart Cities
10.4.10. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IoT Modules Market Size and Volume Forecast by Type
10.7.1. LPWANs
10.7.2. Cellular (3G/4G/5G)
10.7.3. Zigbee
10.7.4. Bluetooth and BLE
10.7.5. Wi-Fi
10.7.6. RFID
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IoT Modules Demand Share Forecast, 2019-2026
11. Europe IoT Modules Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IoT Modules Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IoT Modules Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Healthcare
11.4.3. Smart Agriculture
11.4.4. Logistics
11.4.5. Retail
11.4.6. Education
11.4.7. Transportation
11.4.8. Energy
11.4.9. Smart Cities
11.4.10. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IoT Modules Market Size and Volume Forecast by Type
11.7.1. LPWANs
11.7.2 Cellular (3G/4G/5G)
11.7.3. Zigbee
11.7.4. Bluetooth and BLE
11.7.5. Wi-Fi
11.7.6. RFID
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IoT Modules Demand Share, 2019-2026
12. Asia Pacific IoT Modules Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IoT Modules Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IoT Modules Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Healthcare
12.4.3. Smart Agriculture
12.4.4. Logistics
12.4.5. Retail
12.4.6. Education
12.4.7. Transportation
12.4.8. Energy
12.4.9. Smart Cities
12.4.10. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IoT Modules Market Size and Volume Forecast by Type
12.7.1. LPWANs
12.7.2. Cellular (3G/4G/5G)
12.7.3. Zigbee
12.7.4. Bluetooth and BLE
12.7.5. Wi-Fi
12.7.6. RFID
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IoT Modules Demand Share, 2019-2026
13. Middle East & Africa IoT Modules Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IoT Modules Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IoT Modules Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Healthcare
13.4.3. Smart Agriculture
13.4.4. Logistics
13.4.5. Retail
13.4.6. Education
13.4.7. Transportation
13.4.8. Energy
13.4.9. Smart Cities
13.4.10. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IoT Modules Market Size and Volume Forecast by Type
13.7.1. LPWANs
13.7.2. Cellular (3G/4G/5G)
13.7.3. Zigbee
13.7.4. Bluetooth and BLE
13.7.5. Wi-Fi
13.7.6. RFID
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IoT Modules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IoT Modules Market: Market Share Analysis
14.2. IoT Modules Distributors and Customers
14.3. IoT Modules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Riverdi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tibbo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Asiatelco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cavli Wireless
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cheerzing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CMCC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fibocom
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gemalto
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. H3C
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huawei
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KDDI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lierda
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Longsung
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Meig
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mobiletek
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mokuai
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Multitech
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Neoway
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. NimbeLink
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Quectel
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
