Executive Summary

Azoth Analytics has released a research report titled "Global Cellular IOT Devices Market (2024 Edition)" which provides a complete analysis of the Global Cellular IOT Devices industry in terms of market segmentation By Network Type (2G & 3G, NB-IOT & LTE-M, and 4G & 5G), By Device Type (Wearable Devices, Smart Appliances, Smart Parking Devices, Smart Meters, and Others) By End-Users (Commercial, Government & Municipality, and Consumers) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The research report covers a detailed analysis of the Region (Americas, Europe, Asia Pacific, and Middle East and Africa) and Countries (United States, Brazil, Canada, UK, Germany, France, Spain, India, China, Japan). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities, and demand forecast. The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

The Global Cellular IOT Devices Market showcased growth at a CAGR of 6.2% during 2019-2022. The market was valued at USD 18.73 Billion in 2022 which is expected to reach USD 44.2 Billion in 2029. With the ongoing evolution of cellular technologies, especially the emergence of 5G, the Cellular IoT Devices Market is poised for further growth. The advantages of enhanced data speeds, lower latency, and increased device density offered by 5G contribute to the market's potential for driving innovation across diverse industries. As industries continue to embrace IoT solutions, the Cellular IoT Devices Market plays a pivotal role in facilitating connectivity and contributing to the transformative impact of the Internet of Things.

The market operates within a collaborative ecosystem involving device manufacturers, network operators, chipset providers, and IoT platform developers. This collaboration aims to ensure interoperability, standardization, and the successful deployment of Cellular IoT solutions.

The low-power design of Cellular IoT Devices is another significant benefit, ensuring extended battery life and reducing the need for frequent maintenance in challenging or inaccessible locations. This characteristic makes them well-suited for applications like environmental monitoring, asset tracking, and agriculture, where devices may be deployed over large areas or in areas lacking traditional power sources.

The capability for remote monitoring and control is a transformative aspect of Cellular IoT Devices. Industries can remotely manage and gather real-time data from devices, enhancing operational efficiency and facilitating timely decision-making. In sectors like industrial IoT and smart cities, this feature contributes to streamlined processes, predictive maintenance, and improved resource utilization.

Moreover, the scalability of Cellular IoT solutions enables businesses to deploy many devices across diverse use cases. Whether in smart agriculture, logistics, or consumer applications, Cellular IoT Devices provide a scalable and reliable connectivity foundation. As the evolution of cellular technologies, including the advent of 5G, continues to unfold, the benefits of Cellular IoT Devices are poised to expand, opening new possibilities for innovation and efficiency across industries.



Scope of the Report

• The report analyses the Global Cellular IOT Devices Market by Value (USD Million) & by Volume (Million Units).

• The report presents the analysis of the Global Cellular IOT Devices market for the historical period of 2019-2022, the estimated year 2023, and the forecast period of 2024-2029.

• The report analyses the Global Cellular IOT Devices Market by Network Type (2G & 3G, NB-IOT & LTE-M, and 4G & 5G).

• The report analyses the Global Cellular IOT Devices Market by Device Type (Wearable Devices, Smart Appliances, Smart Parking Devices, Smart Meters, and Others).

• The report analyses the Global Cellular IOT Devices market by End-Users (Commercial, Government & Municipality, and Consumers).

• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Network Type, By Device Type & By End-Users.

• Also, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analyzed in the report include Telefonaktiebolaget LM Ericsson, Nokia Corporation, Sierra Wireless, Inc., Telit Cinterion, u-blox Holding AG, Thales S.A., Effnet AB, Commsolid, Nordic Semiconductor ASA, and Qualcomm Incorporated.

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology

2. Analyst Recommendations

3. Global Cellular IOT Devices Market: Historic and Forecast (2019-2029)

3.1 Impact Analysis of Macro Economic Factors on Global Cellular IOT Devices Market

3.2 Analysis of 5G Uses Globally

3.3 Global Cellular IOT Devices Market: Dashboard

3.4 Global Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

3.5 Global Cellular IOT Devices Market: Market Volume Assessment

3.6 Global Cellular IOT Devices Market: Market Value Assessment

3.7 Assessment: Degree of Impact of COVID-19 on Global Cellular IOT Devices Market

3.8 Global Cellular IOT Devices Market Segmentation: By Network Type

3.8.1 Global Cellular IOT Devices Market, By Network Type Overview

3.8.2 Global Cellular IOT Devices Market Size, By 2G & 3G, By Value, 2019H-2029F (USD Million & CAGR)

3.8.3 Global Cellular IOT Devices Market Size, By NB-IOT & LTE-M, By Value, 2019H-2029F (USD Million & CAGR)

3.8.4 Global Cellular IOT Devices Market Size, By 4G & 5G, By Value, 2019H-2029F (USD Million & CAGR)

3.9 Global Cellular IOT Devices Market Segmentation: By Device Type

3.9.1 Global Cellular IOT Devices Market, By Device Type Overview

3.9.2 Global Cellular IOT Devices Market Size, By Wearable Devices, By Value, 2019H-2029F (USD Million & CAGR)

3.9.3 Global Cellular IOT Devices Market Size, By Smart Appliances, By Value, 2019H-2029F (USD Million & CAGR)

3.9.4 Global Cellular IOT Devices Market Size, By Smart Parking Devices, By Value, 2019H-2029F (USD Million & CAGR)

3.9.5 Global Cellular IOT Devices Market Size, By Smart Meters, By Value, 2019H-2029F (USD Million & CAGR)

3.9.6 Global Cellular IOT Devices Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)

3.10 Global Cellular IOT Devices Market Segmentation: By End-Users

3.10.1 Global Cellular IOT Devices Market, By End-Users Overview

3.10.2 Global Cellular IOT Devices Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)

3.10.3 Global Cellular IOT Devices Market Size, By Government & Municipality, By Value, 2019H-2029F (USD Million & CAGR)

3.10.5 Global Cellular IOT Devices Market Size, By Consumers, By Value, 2019H-2029F (USD Million & CAGR)



4. Cellular IOT Devices Market, Regional Analysis

4.1 Regional Coverage of the Study

4.2 Regional Snapshot



5. Americas Cellular IOT Devices Market: Historic and Forecast (2019-2029)

5.1 Americas Cellular IOT Devices Market: Snapshot

5.2 Americas Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.3 Americas Cellular IOT Devices Market: Market Volume Assessment

5.4 Americas Cellular IOT Devices Market: Key Factors

5.5 Americas Cellular IOT Devices Market: Segment Analysis

5.6 Americas Cellular IOT Devices Market Segmentation: By Network Type

5.6.1 Americas Cellular IOT Devices Market, By Network Type Overview

5.6.2 Americas Cellular IOT Devices Market Size, By 2G & 3G, By Value, 2019H-2029F (USD Million & CAGR)

5.6.3 Americas Cellular IOT Devices Market Size, By NB-IOT & LTE-M, By Value, 2019H-2029F (USD Million & CAGR)

5.6.4 Americas Cellular IOT Devices Market Size, By 4G & 5G, By Value, 2019H-2029F (USD Million & CAGR)

5.7 Americas Cellular IOT Devices Market Segmentation: By Device Type

5.7.1 Americas Cellular IOT Devices Market, By Device Type Overview

5.7.2 Americas Cellular IOT Devices Market Size, By Wearable Devices, By Value, 2019H-2029F (USD Million & CAGR)

5.7.3 Americas Cellular IOT Devices Market Size, By Smart Appliances, By Value, 2019H-2029F (USD Million & CAGR)

5.7.4 Americas Cellular IOT Devices Market Size, By Smart Parking Devices, By Value, 2019H-2029F (USD Million & CAGR)

5.7.5 Americas Cellular IOT Devices Market Size, By Smart Meters, By Value, 2019H-2029F (USD Million & CAGR)

5.7.6 Americas Cellular IOT Devices Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)

5.8 Americas Cellular IOT Devices Market Segmentation: By End-Users

5.8.1 Americas Cellular IOT Devices Market, By End-Users Overview

5.8.2 Americas Cellular IOT Devices Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)

5.8.3 Americas Cellular IOT Devices Market Size, By Government & Municipality, By Value, 2019H-2029F (USD Million & CAGR)

5.8.5 Americas Cellular IOT Devices Market Size, By Consumers, By Value, 2019H-2029F (USD Million & CAGR)

5.9 Americas Cellular IOT Devices Market Segmentation: By Country

5.9.1 Americas Cellular IOT Devices Market, by Country Overview

5.9.2 United States Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.9.2.1 United States Cellular IOT Devices Market, By Network Type

5.9.2.2 United States Cellular IOT Devices Market, By Device Type

5.9.2.3 United States Cellular IOT Devices Market, By End-Users

5.9.3 Canada Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.9.3.1 Canada Cellular IOT Devices Market, By Network Type

5.9.3.2 Canada Cellular IOT Devices Market, By Device Type

5.9.3.3 Canada Cellular IOT Devices Market, By End-Users

5.9.4 Brazil Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.9.4.1 Brazil Cellular IOT Devices Market, By Network Type

5.9.4.2 Brazil Cellular IOT Devices Market, By Device Type

5.9.4.3 Brazil Cellular IOT Devices Market, By End-Users

5.9.5 Rest of Americas Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.9.5.1 Rest of Americas Cellular IOT Devices Market, By Network Type

5.9.5.2 Rest of Americas Cellular IOT Devices Market, By Device Type

5.9.5.3 Rest of Americas Cellular IOT Devices Market, By End-Users



6. Europe Cellular IOT Devices Market: Historic and Forecast (2019-2029)

6.1 Europe Cellular IOT Devices Market: Snapshot

6.2 Europe Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.3 Europe Cellular IOT Devices Market: Market Volume Assessment

6.4 Europe Cellular IOT Devices Market: Key Factors

6.5 Europe Cellular IOT Devices Market: Segment Analysis

6.6 Europe Cellular IOT Devices Market Segmentation: By Network Type

6.6.1 Europe Cellular IOT Devices Market, By Network Type Overview

6.6.2 Europe Cellular IOT Devices Market Size, By 2G & 3G, By Value, 2019H-2029F (USD Million & CAGR)

6.6.3 Europe Cellular IOT Devices Market Size, By NB-IOT & LTE-M, By Value, 2019H-2029F (USD Million & CAGR)

6.6.4 Europe Cellular IOT Devices Market Size, By 4G & 5G, By Value, 2019H-2029F (USD Million & CAGR)

6.7 Europe Cellular IOT Devices Market Segmentation: By Device Type

6.7.1 Europe Cellular IOT Devices Market, By Device Type Overview

6.7.2 Europe Cellular IOT Devices Market Size, By Wearable Devices, By Value, 2019H-2029F (USD Million & CAGR)

6.7.3 Europe Cellular IOT Devices Market Size, By Smart Appliances, By Value, 2019H-2029F (USD Million & CAGR)

6.7.4 Europe Cellular IOT Devices Market Size, By Smart Parking Devices, By Value, 2019H-2029F (USD Million & CAGR)

6.7.5 Europe Cellular IOT Devices Market Size, By Smart Meters, By Value, 2019H-2029F (USD Million & CAGR)

6.7.6 Europe Cellular IOT Devices Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)

6.8 Europe Cellular IOT Devices Market Segmentation: By End-Users

6.8.1 Europe Cellular IOT Devices Market, By End-Users Overview

6.8.2 Europe Cellular IOT Devices Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)

6.8.3 Europe Cellular IOT Devices Market Size, By Government & Municipality, By Value, 2019H-2029F (USD Million & CAGR)

6.8.5 Europe Cellular IOT Devices Market Size, By Consumers, By Value, 2019H-2029F (USD Million & CAGR)

6.9 Europe Cellular IOT Devices Market Segmentation: By Country

6.9.1 Europe Cellular IOT Devices Market, by Country Overview

6.9.2 United Kingdom Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.9.2.1 United Kingdom Cellular IOT Devices Market, By Network Type

6.9.2.2 United Kingdom Cellular IOT Devices Market, By Device Type

6.9.2.3 United Kingdom Cellular IOT Devices Market, By End-Users

6.9.3 Germany Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.9.3.1 Germany Cellular IOT Devices Market, By Network Type

6.9.3.2 Germany Cellular IOT Devices Market, By Device Type

6.9.3.3 Germany Cellular IOT Devices Market, By End-Users

6.9.4 France Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.9.4.1 France Cellular IOT Devices Market, By Network Type

6.9.4.2 France Cellular IOT Devices Market, By Device Type

6.9.4.3 France Cellular IOT Devices Market, By End-Users

6.9.5 Spain Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.9.5.1 Spain Cellular IOT Devices Market, By Network Type

6.9.5.2 Spain Cellular IOT Devices Market, By Device Type

6.9.5.3 Spain Cellular IOT Devices Market, By End-Users

6.9.6 Rest of Europe Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.9.6.1 Rest of Europe Cellular IOT Devices Market, By Network Type

6.9.6.2 Rest of Europe Cellular IOT Devices Market, By Device Type

6.9.6.3 Rest of Europe Cellular IOT Devices Market, By End-Users



7. Asia Pacific Cellular IOT Devices Market: Historic and Forecast (2019-2029)

7.1 Asia Pacific Cellular IOT Devices Market: Snapshot

7.2 Asia Pacific Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.3 Asia Pacific Cellular IOT Devices Market: Market Volume Assessment

7.4 Asia Pacific Cellular IOT Devices Market: Key Factors

7.5 Asia Pacific Cellular IOT Devices Market: Segment Analysis

7.6 Asia Pacific Cellular IOT Devices Market Segmentation: By Network Type

7.6.1 Asia Pacific Cellular IOT Devices Market, By Network Type Overview

7.6.2 Asia Pacific Cellular IOT Devices Market Size, By 2G & 3G, By Value, 2019H-2029F (USD Million & CAGR)

7.6.3 Asia Pacific Cellular IOT Devices Market Size, By NB-IOT & LTE-M, By Value, 2019H-2029F (USD Million & CAGR)

7.6.4 Asia Pacific Cellular IOT Devices Market Size, By 4G & 5G, By Value, 2019H-2029F (USD Million & CAGR)

7.7 Asia Pacific Cellular IOT Devices Market Segmentation: By Device Type

7.7.1 Asia Pacific Cellular IOT Devices Market, By Device Type Overview

7.7.2 Asia Pacific Cellular IOT Devices Market Size, By Wearable Devices, By Value, 2019H-2029F (USD Million & CAGR)

7.7.3 Asia Pacific Cellular IOT Devices Market Size, By Smart Appliances, By Value, 2019H-2029F (USD Million & CAGR)

7.7.4 Asia Pacific Cellular IOT Devices Market Size, By Smart Parking Devices, By Value, 2019H-2029F (USD Million & CAGR)

7.7.5 Asia Pacific Cellular IOT Devices Market Size, By Smart Meters, By Value, 2019H-2029F (USD Million & CAGR)

7.7.6 Asia Pacific Cellular IOT Devices Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)

7.8 Asia Pacific Cellular IOT Devices Market Segmentation: By End-Users

7.8.1 Asia Pacific Cellular IOT Devices Market, By End-Users Overview

7.8.2 Asia Pacific Cellular IOT Devices Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)

7.8.3 Asia Pacific Cellular IOT Devices Market Size, By Government & Municipality, By Value, 2019H-2029F (USD Million & CAGR)

7.8.4 Asia Pacific Cellular IOT Devices Market Size, By Consumers, By Value, 2019H-2029F (USD Million & CAGR)

7.9 Asia Pacific Cellular IOT Devices Market Segmentation: By Country

7.9.1 Asia Pacific Cellular IOT Devices Market, by Country Overview

7.9.2 China Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.9.2.1 China Cellular IOT Devices Market, By Network Type

7.9.2.2 China Cellular IOT Devices Market, By Device Type

7.9.2.3 China Cellular IOT Devices Market, By End-Users

7.9.3 Japan Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.9.3.1 Japan Cellular IOT Devices Market, By Network Type

7.9.3.2 Japan Cellular IOT Devices Market, By Device Type

7.9.3.3 Japan Cellular IOT Devices Market, By End-Users

7.9.4 India Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.9.4.1 India Cellular IOT Devices Market, By Network Type

7.9.4.2 India Cellular IOT Devices Market, By Device Type

7.9.4.3 India Cellular IOT Devices Market, By End-Users

7.9.5 Rest of Asia Pacific Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.9.5.1 Rest of Asia Pacific Cellular IOT Devices Market, By Network Type

7.9.5.2 Rest of Asia Pacific Cellular IOT Devices Market, By Device Type

7.9.5.3 Rest of Asia Pacific Cellular IOT Devices Market, By End-Users



8. Middle East & Africa Cellular IOT Devices Market: Historic and Forecast (2019-2029)

8.1 Middle East & Africa Cellular IOT Devices Market: Snapshot

8.2 Middle East & Africa Cellular IOT Devices Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

8.3 Middle East & Africa Cellular IOT Devices Market: Market Volume Assessment

8.4 Middle East & Africa Cellular IOT Devices Market: Key Factors

8.5 Middle East and Africa Cellular IOT Devices Market: Segment Analysis

8.6 Middle East & Africa Cellular IOT Devices Market Segmentation: By Network Type

8.6.1 Middle East & Africa Cellular IOT Devices Market, By Network Type Overview

8.6.2 Middle East & Africa Cellular IOT Devices Market Size, By 2G & 3G, By Value, 2019H-2029F (USD Million & CAGR)

8.6.3 Middle East & Africa Cellular IOT Devices Market Size, By NB-IOT & LTE-M, By Value, 2019H-2029F (USD Million & CAGR)

8.6.4 Middle East & Africa Cellular IOT Devices Market Size, By 4G & 5G, By Value, 2019H-2029F (USD Million & CAGR)

8.7 Middle East & Africa Cellular IOT Devices Market Segmentation: By Device Type

8.7.1 Middle East & Africa Cellular IOT Devices Market, By Device Type Overview

8.7.2 Middle East & Africa Cellular IOT Devices Market Size, By Wearable Devices, By Value, 2019H-2029F (USD Million & CAGR)

8.7.3 Middle East & Africa Cellular IOT Devices Market Size, By Smart Appliances, By Value, 2019H-2029F (USD Million & CAGR)

8.7.4 Middle East & Africa Cellular IOT Devices Market Size, By Smart Parking Devices, By Value, 2019H-2029F (USD Million & CAGR)

8.7.5 Middle East & Africa Cellular IOT Devices Market Size, By Smart Meters, By Value, 2019H-2029F (USD Million & CAGR)

8.7.6 Middle East & Africa Cellular IOT Devices Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)

8.8 Middle East & Africa Cellular IOT Devices Market Segmentation: By End-Users

8.8.1 Middle East & Africa Cellular IOT Devices Market, By End-Users Overview

8.8.2 Middle East & Africa Cellular IOT Devices Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)

8.8.3 Middle East & Africa Cellular IOT Devices Market Size, By Government & Municipality, By Value, 2019H-2029F (USD Million & CAGR)

8.8.4 Middle East & Africa Cellular IOT Devices Market Size, By Consumers, By Value, 2019H-2029F (USD Million & CAGR)



9. Market Dynamics

9.1 Impact Assessment of Market Dynamics on Global Cellular IOT Devices Market

9.2 Drivers

9.3 Restraints

9.4 Trends



10. Industry Ecosystem Analysis

10.1 Value Chain Analysis

10.2 Porter Analysis



11. Competitive Positioning

11.1 Companies' Product Positioning

11.2 Market Position Matrix

11.3 Market Share Analysis of Cellular IOT Devices Market

11.4 Company Profiles

11.4.1 Telefonaktiebolaget LM Ericsson

11.4.2 Nokia Corporation

11.4.3 Sierra Wireless, Inc.

11.4.4 Telit Cinterion

11.4.5 u-blox Holding AG

11.4.6 Thales S.A.

11.4.7 Effnet AB

11.4.8 Commsolid

11.4.9 Nordic Semiconductor ASA

11.4.10 Qualcomm Incorporated

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