CELLULAR IOT MODEM MARKET

KEY FINDINGS

• The growth of the market is attributed to the increasing adoption of cellular IoT technology in various industries, such as smart cities, smart manufacturing
• The LTE category M1 (Cat M1) and NB-IoT technologies are expected to be the most dominant cellular IoT modem technologies in the coming years.
• The increasing demand for low-power wide-area (LPWA) cellular IoT modems is one of the key trends driving the growth of the market. LPWA modems are ideal for battery-powered IoT devices that require long battery life and wide coverage.
• The growing adoption of 5G cellular IoT modems is another key trend in the market. 5G modems offer higher data rates, lower latency, and better connectivity than LTE modems.
• The increasing integration of cellular IoT modems with other technologies, such as artificial intelligence (AI) and machine learning (ML), is another trend in the market. This integration is enabling the development of more intelligent and efficient IoT solutions.
•  Cellular IoT modems are still relatively expensive, which is a barrier to adoption for some businesses and consumers.
•  There is currently no single standard for cellular IoT modems, which can make it difficult for businesses to choose the right modem for their needs
•  5G cellular IoT modems offer significant advantages over LTE modems, such as higher data rates, lower latency, and better connectivity. As the cost of 5G modems decreases, they are expected to become more widely adopted.
• Cellular IoT modems are increasingly being adopted in industrial applications, such as smart manufacturing and predictive maintenance. This trend is expected to continue as more and more businesses adopt IoT technologies.
•  There is also an opportunity for companies to develop cellular IoT modems that support multiple standards, such as LTE, NB-IoT, and 5G. This would give businesses more flexibility in choosing the right modem for their needs.
• Companies can also develop cellular IoT modems with multiple connectivity options to meet the growing demand for flexible IoT solutions.

CELLULAR IOT MODEM MARKET OVERVIEW

The cellular IoT modem market is booming, with increasing adoption in a wide range of industries, from smart cities to healthcare. This is being driven by the growing demand for low-power wide-area (LPWA) and ultra-low-power wide-area (ULPWA) modems, as well as the rising deployment of 5G networks.

Analysts are predicting continued growth for the market in the coming years, with a focus on low-cost, secure, and multi-standard modems for industrial applications and with multiple connectivity options.

Here are some key trends and investment opportunities to watch out for:

• LPWA and ULPWA modems are gaining ground: These modems are ideal for battery-powered IoT devices that require long battery life and wide coverage. For example, LPWA modems are being used to connect smart city parking sensors and ULPWA modems are being used to connect agricultural sensors.
• 5G networks are opening up new possibilities: 5G offers significantly higher data rates and lower latency than LTE networks, making it ideal for certain cellular IoT applications, such as self-driving cars and industrial robots.
• Cellular IoT modems are being integrated with other technologies: This is enabling the development of more intelligent and efficient IoT solutions. For example, cellular IoT modems with integrated AI can be used to predict machine failure and optimize supply chains.
• Security and reliability are top priorities: Businesses and consumers are increasingly demanding secure and reliable cellular IoT modems to protect their devices and data from cyberattacks. 
• Cellular IoT modems with embedded security features are being used to connect critical infrastructure and healthcare devices.

Investment opportunities include:

• Developing low-cost cellular IoT modems:
• This would make cellular IoT more accessible to a wider range of businesses and consumers.
• Developing cellular IoT modems that support multiple standards:
• This would give businesses more flexibility in choosing the right modem for their needs.
• Developing cellular IoT modems with embedded security features:
• This would meet the growing demand for secure IoT devices.
• Developing cellular IoT modems for industrial applications:
• This is a growing market with a lot of potential.
• Developing cellular IoT modems with multiple connectivity options: 
• This would meet the growing demand for flexible IoT solutions.

Overall, the cellular IoT modem market is a hot one to watch, with plenty of opportunities for growth and investment. 

INTRODUCTION TO CELLULAR IOT MODEM MARKET

There is a large universe of connected objects, and cellular IoT is the term used to describe all objects linked to the IoT through cellular networks. The cellular IoT is expanding rapidly because cellular has established itself as the ideal networking method for these devices. This is due to a number of factors, but mostly because we now want our IoT items to instantaneously connect and be always on without our participation.

IoT has evolved significantly with each new cellular generation—3G, 4G, and now 5G—as well as the fusion of numerous other technologies, such as AI, machine learning, and big data. It now includes every type of gadget imaginable, from the smallest consumer electronics or industrial machinery to the largest aeroplanes.

CELLULAR IOT MODEM MARKET SIZE AND FORECAST

The global cellular IoT modem market size is expected to grow from USD XX billion in 2023 to USD XX billion by 2030, at a CAGR of 24.6% during the forecast period.

CELLULAR IOT MODEM MARKET NEW PRODUCT LAUNCH

The cutting-edge power-efficient chipset architecture of the Qualcomm 212 LTE IoT Modem enables extremely low average power consumption with sleep current requirements of less than one microamp (1uA).

The Qualcomm 212 LTE IoT modem supports single-mode 3GPP Release 14 Cat. NB2 IoT connectivity and provides coverage for delay-tolerant applications on RF frequency bands ranging from 700 MHz to 2.1 GHz for international roaming. It also includes a modem baseband and an RF transceiver with a fully integrated RF front end.

LTE modules smaller than 100 square millimetres can be implemented using the small single-chip solution, which also features memory, power management units, and an ARM Cortex M3 application processor. A low-cost bill of materials is produced by its high level of integration with a small number of external components.

RECENT TECHNOLOGICAL TRENDS IN CELLULAR IOT MODEM MARKET

The global cellular IoT modem market is witnessing significant technological advancements, driven by the increasing demand for low-power, wide-area (LPWA) and ultra-low-power wide-area (ULPWA) connectivity, 5G, and artificial intelligence (AI) and machine learning (ML).

LPWA and ULPWA Cellular IoT Modems

LPWA and ULPWA cellular IoT modems are designed to provide long battery life and wide coverage, making them ideal for a wide range of IoT applications. LPWA modems are already widely deployed in smart city applications, such as smart parking and smart metering, and are gaining traction in other industries, such as agriculture and logistics. ULPWA modems are still in their early stages of deployment, but have the potential to revolutionize IoT applications, such as asset tracking and environmental monitoring.

5G Cellular IoT Modems

5G cellular IoT modems offer significantly higher data rates and lower latency than LTE modems, making them ideal for real-time and mission-critical IoT applications. 5G cellular IoT modems are still in their early stages of commercialization, but are expected to be widely deployed in the coming years.

AI and ML-Enabled Cellular IoT Modems

AI and ML are being integrated into cellular IoT modems to improve their performance and efficiency. For example, AI-enabled cellular IoT modems can optimize power consumption, improve network performance, and detect and mitigate security threats. ML-enabled cellular IoT modems can be used to predict machine failure and optimize supply chains.

Other Trends

Other notable trends in the global cellular IoT modem market include:

• The increasing adoption of multiple connectivity options: Cellular IoT modems are increasingly being equipped with multiple connectivity options, such as LTE, NB-IoT, and 5G. This allows businesses to choose the best connectivity option for their specific needs.
• The growing demand for embedded security features: Businesses are increasingly demanding cellular IoT modems with embedded security features to protect their devices and data from cyberattacks.
• The development of new cellular IoT standards: New cellular IoT standards, such as 5G RedCap, are being developed to meet the specific needs of different IoT applications.

CELLULAR IOT MODEM MARKET RECENT LAUNCH

One recent launch by a leading company in the global cellular IoT modem market is the Qualcomm Snapdragon X75 5G Modem-RF System. The Snapdragon X75 is the world's first 10 Gigabit 5G and the first 3GPP Release 16 modem-RF system. It is designed with an upgradable architecture to rapidly commercialize 5G Release 16 and extend 5G in mobile broadband, fixed wireless access, industrial IoT and 5G private network applications.

The Snapdragon X75 offers a number of technological advancements, including:

• 10 Gigabit 5G: The Snapdragon X75 is the first 5G modem to support 10 Gigabit data rates. This is achieved by aggregating up to 1 GHz of mmWave spectrum and 300 MHz of sub-6 GHz spectrum.
• 3GPP Release 16: The Snapdragon X75 is the first 3GPP Release 16 modem-RF system. This means that it supports all of the latest 5G features and enhancements, such as 5G RedCap, NR-Light, and enhanced MIMO.
• Upgradable architecture: The Snapdragon X75 is designed with an upgradable architecture. This means that new features and enhancements can be added to the modem via software updates. This will help businesses to extend the life of their devices and networks.

The Snapdragon X75 is expected to have a significant impact on the global cellular IoT modem market. It will enable new and innovative IoT applications, such as self-driving cars, industrial robots, and real-time video surveillance. The Snapdragon X75 is also expected to play a key role in the rollout of 5G private networks.

Here are some specific examples of how the Snapdragon X75 could be used in the future:

• Self-driving cars: The Snapdragon X75 could be used to connect self-driving cars to the cloud and to other vehicles. This would enable real-time data sharing and communication, which is essential for safe and efficient self-driving.
• Industrial robots: The Snapdragon X75 could be used to connect industrial robots to the cloud and to other machines. This would enable real-time monitoring and control, which could improve productivity and reduce costs.
• Real-time video surveillance: The Snapdragon X75 could be used to connect real-time video surveillance cameras to the cloud. This would enable remote monitoring and analysis of video footage, which could be used to improve public safety and security.
• 5G private networks: The Snapdragon X75 could be used to build 5G private networks for businesses and organizations. These networks would offer secure and reliable connectivity for IoT devices, such as industrial sensors and smart cameras.

CELLULAR IOT MODEM MARKET NEW TRENDS

 Qualcomm

Qualcomm has announced the Snapdragon X75 5G Modem-RF System, the world's first 10 Gigabit 5G and the first 3GPP Release 16 modem-RF system. It is designed with an upgradable architecture to rapidly commercialize 5G Release 16 and extend 5G in mobile broadband, fixed wireless access, industrial IoT and 5G private network applications.

Qualcomm has also announced the Snapdragon X35 5G Modem-RF System, its most affordable 5G modem-RF system yet. It is designed to support entry-level 5G smartphones and IoT devices.

Intel

Intel has announced the Intel 5G Solution Z400a, its latest 5G modem-RF system for fixed wireless access (FWA). It supports 5G carrier aggregation and dynamic spectrum sharing, which can deliver up to 4 Gbps peak speeds.

Intel has also announced the Intel 5G Solution M2020b, its latest 5G modem-RF system for mobile devices. It supports 5G carrier aggregation and dynamic spectrum sharing, and can deliver up to 7.5 Gbps peak speeds.

Huawei

Huawei has announced the Balong 5000 5G modem-RF system, the world's first 5G modem to support 2 Gbps peak speeds. It is also the first 5G modem to support 5G standalone (SA) mode.

Huawei has also announced the LiteOS operating system for IoT devices. LiteOS is a lightweight, open-source operating system that is designed to be secure and reliable.

Ericsson

Ericsson has announced the NGMN 5G NR-Light standard. NR-Light is a new cellular standard that is designed for low-power, wide-area (LPWA) IoT applications.

Ericsson has also announced the Ericsson IoT Accelerator, a cloud-based platform that helps businesses to develop and deploy IoT applications.

Nokia

Nokia has announced the Nokia Worldwide IoT Network Cloud (WIONC), a cloud-based platform that helps businesses to manage their IoT devices and data.

Nokia has also announced the Nokia Digital Automation Cloud, a cloud-based platform that helps businesses to automate their industrial processes.

These new technologies are expected to have a significant impact on the global cellular IoT modem market. They will enable new and innovative IoT applications, improve the performance of existing IoT applications, and accelerate the rollout of 5G private networks.

CELLULAR IOT MODEM MARKET DEVELOPMENTS AND INNOVATIONS

The global cellular IoT modem market is experiencing rapid development and innovation. New technologies are being developed to enable new IoT applications, improve the performance of existing IoT applications, and accelerate the rollout of 5G private networks. These developments are expected to have a significant impact on the market in the coming years.

Here are some possible future outcomes of the developments listed above:

• Self-driving cars and industrial robots will become more common.
• Battery-powered IoT devices will be able to operate for longer periods of time without needing to be recharged.
• Businesses will be able to deploy IoT solutions more quickly and easily.
• Businesses will be able to scale their IoT deployments and improve the efficiency of their operations.
• Industrial operations will become more productive and efficient.

CELLULAR IoT MARKET DYNAMICS 

CELLULAR IoT MODEM MARKET SEGMENTATION

Cellular IoT Modem Market By Technology

• LPWA
• ULPWA
•  5G
• LTE-M
• LTE Cat. M1
• LTE Cat. NB-IoT
• NR-Light

Cellular IoT Modem MarketBy Application

• Smart cities smart manufacturing
• Connected homes
• Connected healthcare
•  Connected agriculture
• Connected logistics
• Connected transportation

Cellular IoT Modem MarketBy Region

•  North America
•  Europe
• Asia Pacific
•  Latin America 
•  Middle East 
•  Africa

Cellular IoT Modem MarketBy End User

• Enterprises
• Consumers
•  government

CELLULAR IOT MODEM MARKET COMPETITIVE LANDSCAPE

CELLULAR IOT MODEM MARKET COMPANY PROFILES

• Qualcomm
• Intel
• Huawei
• Ericsson
• Nokia
• Sierra Wireless
• Gemalto
• Thales
• u-blox
• Telit
• MEI
• Modulelink
• Thingstream
• Aeris Communications
• AT&T M2M Solutions

THIS CELLULAR IOT MODEM MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per  Global cellular IOT Modem market right now and how will it change in the next 5-6 years? 
2. Average cost to set up a  Global cellular IOT Modem market in US, Europe, and China?
3. How many Global cellular IOT Modem markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally? 
5. Cost breakup of a  Global cellular IOT Modem market  and key vendor selection criteria
6. Where is the Global cellular IOT Modem market manufactured? What is the average margin per piece of equipment?
7. Market share of Global cellular IOT Modem market  manufacturers and their upcoming products
8. The most important planned  Global cellular IOT Modem market  in the next 2 years
9. Details on a network of major Global cellular IOT Modem market  and pricing plans
10. Cost advantage for OEMs who manufacture Global cellular IOT Modem market  in-house
11. 5 key predictions for the next 5 years in the Global cellular IOT Modem market
12. Average B-2-B Global cellular IOT Modem market price in all segments
13. Latest trends in Global cellular IOT Modem market, by every market segment
14. The market size (both volume and value) of the Global cellular IOT Modem market in 2024-2030 and every year in between?
15. Global production breakup of the Global cellular IOT Modem market, by suppliers and their OEM relationship
16. What are the key technological trends driving the growth of the global cellular IoT modem market?
17. What are the different types of cellular IoT modem technologies available, and what are their strengths and weaknesses?
18. How are cellular IoT modems being used in different industries and applications?
19. What are the challenges of deploying and managing cellular IoT networks?
20. How is the development of 5G technology impacting the cellular IoT modem market?
21. What are the latest security and privacy concerns related to cellular IoT deployments?
22. How is the integration of AI and ML technologies into cellular IoT modems transforming the market?
23. What are the key trends in cellular IoT modem pricing and packaging?
24. What are the major regulatory challenges facing the cellular IoT modem market?
25. What are the key opportunities and growth prospects for the cellular IoT modem market in the coming years?
26. What are the key technical specifications of different types of cellular IoT modems?
27. How do cellular IoT modems support different cellular IoT technologies, such as LPWA, ULPWA, and 5G?
28. What are the different power management features available in cellular IoT modems?
29. How do cellular IoT modems support different security protocols, such as DTLS and IPsec?
30. What are the different ways to deploy and manage cellular IoT networks?