Rise in digitalization among industries across diverse verticals, such as manufacturing, automotive, and energy & utilities are the key factors expected to drive the global cellular IoT market growth.
In addition, rise in demand for extended network coverage, growth in inclination toward business expansion beyond mobile broadband, and need to accommodate large number of connected devices among businesses across the globe are some of the other major factors expected to propel the growth of the cellular IoT market.
Download Sample Report at: https://www.alliedmarketresearch.com/request-toc-and-sample/5953
However, fragmentation in the technology market and lack of regulation for spectrum allocation restrain the growth of the cellular IoT market. Furthermore, increase in R&D activities for high-performance RF filters and microwave filters to provide fast data throughput, minimize energy losses, and extend battery life is a global cellular IoT market opportunity for the key players.
The cellular IoT market is segmented into component, type, application, and region. Based on component, it is bifurcated into hardware and software. By type, it is classified into 2G, 3G, 4G, 5G, LTE–M, NB–LTE–M, and NB–IoT.
In terms of application, it is categorized into retail, energy, healthcare, smart city, agriculture, manufacturing, building automation, consumer electronics, environment monitoring, and automotive & transportation. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/5953
Application areas such as smart cities, precision agriculture, vending machines, fleet monitoring, and others, which need to communicate reliably and securely over long distances, are examples of NB-IoT and LTE-M, thus providing major opportunities for cellular IoT market share.
The key players profiled in the cellular IoT market analysis are Commsolid GmbH, Gemalto NV, Mediatek Inc., Mistbase Communication System, Qualcomm Incorporated, Sequans Communication, Sierra Wireless, Telit Communications PLC, Texas Instruments, U–Blox Holding AG, and ZTE Corporation.
These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future cellular IoT market trends are outlined to determine the overall attractiveness of the market.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/checkout-final/e9879d101161f7feacbb08df10411c35
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the current global cellular IoT market share along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- A quantitative analysis of the global cellular IoT industry is provided to determine the market potential.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5953
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300n Sivers Drive
#205, Portland, OR 97220
United States
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter