The wireless communication module enables all types of equipment to transmit data within a certain range. It is a key component connecting the perception layer and network layer of the Internet of Things. It is essential hardware and cannot be replaced. Each IoT terminal must be equipped with a wireless communication module.
This report contains market size and forecasts of IoT Communication Module in Global, including the following market information:
Global IoT Communication Module Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global IoT Communication Module market was valued at 4404.9 million in 2021 and is projected to reach US$ 9832 million by 2028, at a CAGR of 12.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
5G IoT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IoT Communication Module include Telit, Sierra Wireles, THALES, U-Blox, Quectel, Simcom and Fibocom, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT Communication Module companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT Communication Module Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global IoT Communication Module Market Segment Percentages, by Type, 2021 (%)
5G IoT
GNSS Module
WIFI
Others
Global IoT Communication Module Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IoT Communication Module Market Segment Percentages, by Application, 2021 (%)
Data Interaction
Data Transmission
Others
Global IoT Communication Module Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IoT Communication Module Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT Communication Module revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies IoT Communication Module revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Telit
Sierra Wireles
THALES
U-Blox
Quectel
Simcom
Fibocom