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IOT Communications Module-Global Market Insights and Sales Trends 2025
Synopsis
The IoT Communication Module market covers Cellular Communication Module, Non-cellular Communication Module, etc. The typical players include Quectel, Sunsea Group, Sierra Wireless, Telit, etc.
The global IOT Communications Module market size is expected to reach US$ 6233.8 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of IOT Communications Module in various end use industries. The expanding demands from the Healthcare, Fitness, Security and Home Automation, are propelling IOT Communications Module market. 5G IoT Modules, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the GNSS Modules segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IOT Communications Module, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IOT Communications Module market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IOT Communications Module market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IOT Communications Module sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IOT Communications Module covered in this report include Sierra Wireless, Thales Group, Telit, Quectel Wireless Solutions, u-blox, SIMCom Wireless Solutions Limited and Fibocom Wireless, etc.
The global IOT Communications Module market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sierra Wireless
Thales Group
Telit
Quectel Wireless Solutions
u-blox
SIMCom Wireless Solutions Limited
Fibocom Wireless
Global IOT Communications Module market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IOT Communications Module market, Segment by Type:
5G IoT Modules
GNSS Modules
Wi-Fi Chipsets
Others
Global IOT Communications Module market, by Application
Healthcare
Fitness
Security
Home Automation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IOT Communications Module manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IOT Communications Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The IoT Communication Module market covers Cellular Communication Module, Non-cellular Communication Module, etc. The typical players include Quectel, Sunsea Group, Sierra Wireless, Telit, etc.
The global IOT Communications Module market size is expected to reach US$ 6233.8 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of IOT Communications Module in various end use industries. The expanding demands from the Healthcare, Fitness, Security and Home Automation, are propelling IOT Communications Module market. 5G IoT Modules, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the GNSS Modules segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IOT Communications Module, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IOT Communications Module market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IOT Communications Module market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IOT Communications Module sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IOT Communications Module covered in this report include Sierra Wireless, Thales Group, Telit, Quectel Wireless Solutions, u-blox, SIMCom Wireless Solutions Limited and Fibocom Wireless, etc.
The global IOT Communications Module market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sierra Wireless
Thales Group
Telit
Quectel Wireless Solutions
u-blox
SIMCom Wireless Solutions Limited
Fibocom Wireless
Global IOT Communications Module market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IOT Communications Module market, Segment by Type:
5G IoT Modules
GNSS Modules
Wi-Fi Chipsets
Others
Global IOT Communications Module market, by Application
Healthcare
Fitness
Security
Home Automation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IOT Communications Module manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IOT Communications Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 IOT Communications Module Market Overview
1.1 IOT Communications Module Product Overview
1.2 IOT Communications Module Market Segment by Type
1.2.1 5G IoT Modules
1.2.2 GNSS Modules
1.2.3 Wi-Fi Chipsets
1.2.4 Others
1.3 Global IOT Communications Module Market Size by Type
1.3.1 Global IOT Communications Module Market Size Overview by Type (2018-2029)
1.3.2 Global IOT Communications Module Historic Market Size Review by Type (2018-2023)
1.3.3 Global IOT Communications Module Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America IOT Communications Module Sales Breakdown by Type (2018-2023)
1.4.2 Europe IOT Communications Module Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific IOT Communications Module Sales Breakdown by Type (2018-2023)
1.4.4 Latin America IOT Communications Module Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa IOT Communications Module Sales Breakdown by Type (2018-2023)
2 Global IOT Communications Module Market Competition by Company
2.1 Global Top Players by IOT Communications Module Sales (2018-2023)
2.2 Global Top Players by IOT Communications Module Revenue (2018-2023)
2.3 Global Top Players by IOT Communications Module Price (2018-2023)
2.4 Global Top Manufacturers IOT Communications Module Manufacturing Base Distribution, Sales Area, Product Type
2.5 IOT Communications Module Market Competitive Situation and Trends
2.5.1 IOT Communications Module Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by IOT Communications Module Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IOT Communications Module as of 2022)
2.7 Date of Key Manufacturers Enter into IOT Communications Module Market
2.8 Key Manufacturers IOT Communications Module Product Offered
2.9 Mergers & Acquisitions, Expansion
3 IOT Communications Module Status and Outlook by Region
3.1 Global IOT Communications Module Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global IOT Communications Module Historic Market Size by Region
3.2.1 Global IOT Communications Module Sales in Volume by Region (2018-2023)
3.2.2 Global IOT Communications Module Sales in Value by Region (2018-2023)
3.2.3 Global IOT Communications Module Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global IOT Communications Module Forecasted Market Size by Region
3.3.1 Global IOT Communications Module Sales in Volume by Region (2024-2029)
3.3.2 Global IOT Communications Module Sales in Value by Region (2024-2029)
3.3.3 Global IOT Communications Module Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global IOT Communications Module by Application
4.1 IOT Communications Module Market Segment by Application
4.1.1 Healthcare
4.1.2 Fitness
4.1.3 Security
4.1.4 Home Automation
4.1.5 Others
4.2 Global IOT Communications Module Market Size by Application
4.2.1 Global IOT Communications Module Market Size Overview by Application (2018-2029)
4.2.2 Global IOT Communications Module Historic Market Size Review by Application (2018-2023)
4.2.3 Global IOT Communications Module Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America IOT Communications Module Sales Breakdown by Application (2018-2023)
4.3.2 Europe IOT Communications Module Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific IOT Communications Module Sales Breakdown by Application (2018-2023)
4.3.4 Latin America IOT Communications Module Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa IOT Communications Module Sales Breakdown by Application (2018-2023)
5 North America IOT Communications Module by Country
5.1 North America IOT Communications Module Historic Market Size by Country
5.1.1 North America IOT Communications Module Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America IOT Communications Module Sales in Volume by Country (2018-2023)
5.1.3 North America IOT Communications Module Sales in Value by Country (2018-2023)
5.2 North America IOT Communications Module Forecasted Market Size by Country
5.2.1 North America IOT Communications Module Sales in Volume by Country (2024-2029)
5.2.2 North America IOT Communications Module Sales in Value by Country (2024-2029)
6 Europe IOT Communications Module by Country
6.1 Europe IOT Communications Module Historic Market Size by Country
6.1.1 Europe IOT Communications Module Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe IOT Communications Module Sales in Volume by Country (2018-2023)
6.1.3 Europe IOT Communications Module Sales in Value by Country (2018-2023)
6.2 Europe IOT Communications Module Forecasted Market Size by Country
6.2.1 Europe IOT Communications Module Sales in Volume by Country (2024-2029)
6.2.2 Europe IOT Communications Module Sales in Value by Country (2024-2029)
7 Asia-Pacific IOT Communications Module by Region
7.1 Asia-Pacific IOT Communications Module Historic Market Size by Region
7.1.1 Asia-Pacific IOT Communications Module Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific IOT Communications Module Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific IOT Communications Module Sales in Value by Region (2018-2023)
7.2 Asia-Pacific IOT Communications Module Forecasted Market Size by Region
7.2.1 Asia-Pacific IOT Communications Module Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific IOT Communications Module Sales in Value by Region (2024-2029)
8 Latin America IOT Communications Module by Country
8.1 Latin America IOT Communications Module Historic Market Size by Country
8.1.1 Latin America IOT Communications Module Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America IOT Communications Module Sales in Volume by Country (2018-2023)
8.1.3 Latin America IOT Communications Module Sales in Value by Country (2018-2023)
8.2 Latin America IOT Communications Module Forecasted Market Size by Country
8.2.1 Latin America IOT Communications Module Sales in Volume by Country (2024-2029)
8.2.2 Latin America IOT Communications Module Sales in Value by Country (2024-2029)
9 Middle East and Africa IOT Communications Module by Country
9.1 Middle East and Africa IOT Communications Module Historic Market Size by Country
9.1.1 Middle East and Africa IOT Communications Module Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa IOT Communications Module Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa IOT Communications Module Sales in Value by Country (2018-2023)
9.2 Middle East and Africa IOT Communications Module Forecasted Market Size by Country
9.2.1 Middle East and Africa IOT Communications Module Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa IOT Communications Module Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sierra Wireless
10.1.1 Sierra Wireless Company Information
10.1.2 Sierra Wireless Introduction and Business Overview
10.1.3 Sierra Wireless IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sierra Wireless IOT Communications Module Products Offered
10.1.5 Sierra Wireless Recent Development
10.2 Thales Group
10.2.1 Thales Group Company Information
10.2.2 Thales Group Introduction and Business Overview
10.2.3 Thales Group IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Thales Group IOT Communications Module Products Offered
10.2.5 Thales Group Recent Development
10.3 Telit
10.3.1 Telit Company Information
10.3.2 Telit Introduction and Business Overview
10.3.3 Telit IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Telit IOT Communications Module Products Offered
10.3.5 Telit Recent Development
10.4 Quectel Wireless Solutions
10.4.1 Quectel Wireless Solutions Company Information
10.4.2 Quectel Wireless Solutions Introduction and Business Overview
10.4.3 Quectel Wireless Solutions IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Quectel Wireless Solutions IOT Communications Module Products Offered
10.4.5 Quectel Wireless Solutions Recent Development
10.5 u-blox
10.5.1 u-blox Company Information
10.5.2 u-blox Introduction and Business Overview
10.5.3 u-blox IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.5.4 u-blox IOT Communications Module Products Offered
10.5.5 u-blox Recent Development
10.6 SIMCom Wireless Solutions Limited
10.6.1 SIMCom Wireless Solutions Limited Company Information
10.6.2 SIMCom Wireless Solutions Limited Introduction and Business Overview
10.6.3 SIMCom Wireless Solutions Limited IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SIMCom Wireless Solutions Limited IOT Communications Module Products Offered
10.6.5 SIMCom Wireless Solutions Limited Recent Development
10.7 Fibocom Wireless
10.7.1 Fibocom Wireless Company Information
10.7.2 Fibocom Wireless Introduction and Business Overview
10.7.3 Fibocom Wireless IOT Communications Module Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fibocom Wireless IOT Communications Module Products Offered
10.7.5 Fibocom Wireless Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 IOT Communications Module Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 IOT Communications Module Industrial Chain Analysis
11.4 IOT Communications Module Market Dynamics
11.4.1 IOT Communications Module Industry Trends
11.4.2 IOT Communications Module Market Drivers
11.4.3 IOT Communications Module Market Challenges
11.4.4 IOT Communications Module Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 IOT Communications Module Distributors
12.3 IOT Communications Module Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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