Cellular IoT module shipments on global level jump 14% YoY in 2022 to reach highest ever

Quectel and Qualcomm dominated the cellular IoT module and chipset markets. NB-IoT is still very popular among technologies but is expected to decrease market share to 4G CAT1.bis in 2023. 5G adoption will boost in 2024 if ASP declines to sub-$100 and 5G RedCap-based solutions become available. China continues to lead IoT module market, China […]