Researchmoz Global Pvt. Ltd.

Global Cellular IoT Market 2018-2026: Increasing Demand in Smart Cities to Place the Cellular IoT Market on an Upward Growth Trajectory

North America and Europe are expected to maintain key market positions in the cellular IoT market in the coming years

 

Albany, NY -- (SBWIRE) -- 03/08/2019 -- According to a recent market research report titled, 'Cellular IoT Market - Global Industry Analysis 2013–2017 and Forecast 2018–2026', the cellular IoT market was valued at US$ 1,145.2 Mn in 2017, and is expected to register a CAGR of 26.7% from 2018 to 2026. The increasing demand for connected devices across verticals and the implementation of advanced cellular technologies such as 5G, NB-IoT, LTE-M, and others are the major factors driving the growth of the cellular IoT market. Also, the launch of 3GPP-standards-based IoT networks and increase in smart city projects across the globe are the primary factors that are expected to boost the growth of the cellular IoT market.

Download Exclusive Sample Of This Report: https://www.researchmoz.us/enquiry.php?type=S&repid=1877925

Cellular IoT offers advanced connectivity technologies that connect billions of IoT devices to the Internet across the globe. These advanced technologies include 3G, 4G, 5G, and LPWA (Low Power Wide Area) cellular technologies such as NB-IoT and LTE-M. Cellular IoT offers global coverage, reliable connection of IoT devices, and low-cost hardware that is required for cellular IoT connections. NB-IoT (Narrowband IoT) is a low power wide area network (LPWAN) technology, which is a 3GPP radio technology standard that addresses the LPWA requirements of IoT, and enables a wide range of devices and services to be connected using cellular telecommunication bands.

NB-IoT is one of the emerging cellular IoT technologies that enable efficient communication, extended battery life for mass distributed devices, low energy consumption, and lower costs for wide geographical footprints. The NB-IoT network is a form of low-powered network with a wide area coverage that connects millions of devices, sensors, and services. NB-IoT applications include smart parking, smart cities, smart agriculture, industrial monitors, smoke detectors, and others. LTE-M (LTE for Machine) is also known as Cat-M1 or eMTC (enhanced machine-type communication), which is a type of cellular IoT LPWA technology that makes use of a mobile operator's 4G LTE network infrastructure. LTE-M applications include asset tracking, smart watches and fitness bands, telematics, gas or water meters, pet tracking, and others.

This research report provides a detailed analysis of the cellular IoT market, and offers insights on various factors. The market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the cellular IoT market based on component, cellular technology, and end use industry across different regions, globally.

Key players are introducing technologically advanced cellular IoT technologies for the centralization and automation of enterprises. Regions like China are witnessing a rapid change in their economies, and a rural to urban shift. These changes are creating huge demand for cellular IoT deployment in numerous industry sectors such as agriculture, healthcare, retail, energy, automotive & transportation, infrastructure, and others, which, in turn, is expected to lead to an increase in the usage of cellular IoT due to increasing applications and several benefits.

The report starts with an overview of the global cellular IoT market in terms of value. In addition, this section includes the analysis of key trends, drivers, and restraints which are influencing the cellular IoT market. The impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights.

The global cellular IoT market is categorized on the basis of component, cellular technology, end use industry, and region.

On the basis of component, the cellular IoT market is segmented into hardware and software. On the basis of cellular technology, the cellular IoT market is segmented as 3G, 4G, LTE-M, NB-IoT, 5G, and others. On the basis of end use industry, the global cellular IoT market is segmented into agriculture, healthcare, retail, energy, automotive & transportation, infrastructure, and others.

Cellular IoT Market: Competition Tracking

Key competitors in the cellular IoT market are Sierra Wireless, Qualcomm Technologies, Inc., Sequans Communications S.A., ZTE Corporation, Gemalto NV, u-blox, Telit Communications, Ericsson AB, ARM Holdings, Huawei Technologies Co., Ltd., Mediatek Inc., Vodafone Group plc, Texas Instruments Incorporated, and others.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-market-study-on-cellular-iot-north-america-to-continue-market-dominance-during-2018-2026-report.html/toc

The next section highlights a detailed analysis of cellular IoT across various countries in the region. It provides a market outlook for 20182026, and sets the forecast within the context of the cellular IoT market, including latest technological developments as well as service offerings in the market. This study discusses key trends within the countries contributing to the growth of the cellular IoT market, as well as analyses degrees at which drivers are influencing the cellular IoT market in each region. Key regions and countries assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe), China, Japan, SEA & Others of APAC (India, Australia & New Zealand, ASEAN, and Rest of SEA & Other APAC), and MEA (North Africa, South Africa, GCC, Turkey, and Rest of MEA).

This cellular IoT market report evaluates the present scenario and the growth prospects of the cellular IoT market across various regions, globally, for the period 20182026. We have considered 2017 as the base year, and provided data for the trailing 12 months. The forecast presented here assesses the total revenue by value across the cellular IoT market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the cellular IoT market will develop in the future. Given the characteristics of the cellular IoT market, we triangulated the outcome of different enterprise types and end user analysis, based on technology trends.

About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Contact Us:
Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
For More Reports Visit @ http://marketresearchlatestreports.blogspot.com/