셀룰러 IoT 접속 및 커넥티비티 시장 예측(-2030년)네트워크 유형별, 구성요소별, 서비스 제공업체별, 용도별 및 지역별 세계 분석

According to Stratistics MRC, the Global Cellular IoT Connections and Connectivity Market is accounted for $5.3 billion in 2023 and is expected to reach $38.6 billion by 2030 growing at a CAGR of 32.8% during the forecast period. Cellular IoT connections are integral to the Internet of Things (IoT), enabling devices to communicate and exchange data over cellular networks. These connections facilitate the deployment of smart devices across various industries, including healthcare, agriculture, and manufacturing, by providing reliable and scalable connectivity solutions. With advancements in cellular technology such as Narrowband IoT (NB-IoT) and LTE-M, cellular IoT connections offer enhanced coverage, extended battery life, and improved cost-effectiveness, enabling seamless integration of IoT devices into existing infrastructure. As a result, cellular IoT connectivity plays a crucial role in driving the growth and adoption of IoT applications worldwide.

According to the World Economic Forum, 1.3 million individuals move to metropolises each week, and by 2040, an overwhelming 65% of the global population will live in cities. Thus, more of the population is moving toward urbanization and the usage of smart devices.

Market Dynamics:

Driver:

Demand for widespread coverage and scalability

The demand for widespread coverage drives telecom operators to expand their network infrastructure, ensuring that Cellular IoT devices have reliable connectivity across vast geographical areas. In addition, 5G networks offer higher data speeds, lower latency, and increased capacity, making them well-suited for accommodating the growing number of Cellular IoT devices. This expansion includes the deployment of cellular towers, base stations, and other infrastructure to enhance signal strength and coverage, especially in rural and remote areas boosting the growth of the market.

Restraint:

Data breaches and device hijacking

Data breaches and device hijacking erode consumer and enterprise trust in IoT technologies and networks. When sensitive data is compromised or devices are manipulated, users may become wary of adopting IoT solutions, fearing for the security and privacy of their data and negative publicity surrounding security breaches can lead to reputational damage, causing customers to switch to alternative providers or technologies perceived as more secure. This loss of trust can hinder the widespread adoption of Cellular IoT connections and impede market growth.

Opportunity:

Advancements in cellular technologies

Advancements in cellular technologies, such as the deployment of 5G networks, lead to improved coverage, reliability, and performance of Cellular IoT connections. 5G networks offer higher data speeds, lower latency, and increased capacity compared to previous generations, enabling more efficient and reliable communication for IoT devices. This enhanced coverage and reliability drive the adoption of Cellular IoT solutions across a wide range of applications and industries.

Threat:

Limited device battery life

Devices with limited battery life may experience frequent interruptions in connectivity as they require frequent recharging or battery replacement. This reduced reliability can lead to disruptions in data transmission and communication between IoT devices and backend systems, impacting the overall reliability of Cellular IoT connections. Moreover, managing devices with limited battery life can incur higher maintenance costs for businesses and organizations deploying Cellular IoT solutions impeding the market growth.

Covid-19 Impact

Industries such as healthcare, manufacturing, and logistics leveraged IoT solutions for remote patient monitoring, factory automation, and inventory tracking. However, economic uncertainties and supply chain disruptions temporarily slowed market growth. Despite challenges, the pandemic underscored the importance of IoT connectivity for business continuity and efficiency, leading to increased investments in Cellular IoT infrastructure and solutions to support remote operations and digital transformation initiatives.

The 5G segment is expected to be the largest during the forecast period

The 5G segment is estimated to have a lucrative growth, due to significantly higher data speeds, lower latency, and increased network capacity compared to previous generations. This enables more efficient and reliable communication for IoT devices, facilitating real-time data transmission, high-resolution video streaming, and low-latency applications such as autonomous vehicles and industrial automation. Thereby enables applications such as remote surgery, smart grids, and industrial control systems, where reliability and low latency are paramount which enhances the market.

The mobile network operators (MNOs) segment is expected to have the highest CAGR during the forecast period

The mobile network operators (MNOs) segment is anticipated to witness the highest CAGR growth during the forecast period, as their extensive network coverage provides the foundation for Cellular IoT connectivity, enabling IoT devices to communicate over cellular networks across vast geographical areas. Moreover, many MNOs offer integrated IoT platforms that provide end-to-end solutions for IoT deployments. These platforms often include device management, connectivity management, data analytics, and application enablement capabilities, simplifying the process of deploying and managing IoT solutions for businesses and organizations.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the robust growth in Cellular IoT connections, with a rising number of deployments across industries ranging from agriculture to healthcare and deployment of 5G networks was accelerating across several countries in the Asia Pacific region, providing enhanced connectivity and enabling new possibilities for Cellular IoT applications. This growth was driven by increasing investments in IoT infrastructure and favorable government policies promoting digitalization.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to various industry verticals in North America were embracing Cellular IoT solutions to enhance operational efficiency, improve customer experiences, and drive innovation. Additionally, enterprises in North America were increasingly adopting Cellular IoT solutions to optimize business processes, automate operations, and gain insights from data collected by connected devices propelling the growth of the market.

Key players in the market

Some of the key players in the Cellular IoT Connections and Connectivity Market include Altair Semiconductor, Fibocom Wireless, HiSilicon Technologies, Intel, Mediatek, MeiG Smart Technology, Murata Manufacturing, Neoway Technology, Nordic Semiconductor, Qorvo, Qualcomm, Quectel, Sequans Communication, Sercomm Corporation, Sierra Wireless, Telit Communications, Thales Group, u-blox Holding, UNISOC Technologies, and Xiamen CHEERZING IoT Technology

Key Developments:

In March 2024, Altair announced that Analytium Ltd. has joined Altair's growing channel partner network and will offer the full suite of Altair's data analytics and AI solutions, Altair(R) RapidMiner(R).

In February 2024, Altair Expands Defense and Healthcare and Life Sciences Segment Leadership. Both individuals bring decades of valuable experience that will further propel Altair's industry efforts.

In February 2024, Fibocom announces MediaTek-powered 5G RedCap module FM330 series to lead 5G expansion at MWC Barcelona 2024. The FM330 series is positioned to expand the 5G landscape to a broader range, covering consumer-level, enterprise-level and industrial-level scenarios.

Network Types Covered:

• 2G
• 3G
• 4G/LTE
• 5G
• Low Power Wide Area Network
• Narrowband IoT
• LTE for Machines
• Other Network Types

Components Covered:

• Hardware
• Software & Services

Service Providers Covered:

• Managed Service Providers (MSPs)
• Mobile Network Operators (MNOs)
• Connectivity Platform Providers
• IoT Solution Providers
• Other Service Providers

Applications Covered:

• Manufacturing
• Transportation & Logistics
• Utilities
• Agriculture
• Healthcare
• Retail
• Smart Cities
• Industrial Automation
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Cellular IoT Connections and Connectivity Market, By Network Type

• 5.1 Introduction
• 5.2 2G
• 5.3 3G
• 5.4 4G/LTE
• 5.5 5G
• 5.6 Low Power Wide Area Network
• 5.7 Narrowband IoT
• 5.8 LTE for Machines
• 5.9 Other Network Types

6 Global Cellular IoT Connections and Connectivity Market, By Component

• 6.1 Introduction
• 6.2 Hardware
  • 6.2.1 Cellular Modules
  • 6.2.2 Sensors
  • 6.2.3 Gateways
• 6.3 Software & Services
  • 6.3.1 Device Management Platforms (DMPs)
  • 6.3.2 Application Software
  • 6.3.3 Security Solutions
  • 6.3.4 Connectivity Services

7 Global Cellular IoT Connections and Connectivity Market, By Service Provider

• 7.1 Introduction
• 7.2 Managed Service Providers (MSPs)
• 7.3 Mobile Network Operators (MNOs)
• 7.4 Connectivity Platform Providers
• 7.5 IoT Solution Providers
• 7.6 Other Service Providers

8 Global Cellular IoT Connections and Connectivity Market, By Application

• 8.1 Introduction
• 8.2 Manufacturing
• 8.3 Transportation & Logistics
• 8.4 Utilities
• 8.5 Agriculture
• 8.6 Healthcare
• 8.7 Retail
• 8.8 Smart Cities
• 8.9 Industrial Automation
• 8.10 Other Applications

9 Global Cellular IoT Connections and Connectivity Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Altair Semiconductor
• 11.2 Fibocom Wireless
• 11.3 HiSilicon Technologies
• 11.4 Intel
• 11.5 Mediatek
• 11.6 MeiG Smart Technology
• 11.7 Murata Manufacturing
• 11.8 Neoway Technology
• 11.9 Nordic Semiconductor
• 11.10 Qorvo
• 11.11 Qualcomm
• 11.12 Quectel
• 11.13 Sequans Communication
• 11.14 Sercomm Corporation
• 11.15 Sierra Wireless
• 11.16 Telit Communications
• 11.17 Thales Group
• 11.18 u-blox Holding
• 11.19 UNISOC Technologies
• 11.20 Xiamen CHEERZING IoT Technology