The article cited AMA's Global Cellular IoT Market Study explored substantial growth with CAGR of 22.3%. According to the study, Ability to Accommodate a Large Number of Connected Devices is one of the primary growth factors for the market. Increasing Demand for Extended Network Coverage
is also expected to contribute significantly to the Cellular IoT market. Overall, applications of Cellular IoT, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Qualcomm Inc. (United States), Gemalto N.V. (Netherlands), Sierra Wireless (Canada), U-Blox Holding AG (Switzerland), MediaTek Inc. (Taiwan), Telit Communications PLC (United Kingdom), ZTE Corporation (China), Mistbase (Sweden), Sequans Communications (France) and CommSolid GmbH (Germany) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Cellular IoT market identified that the demand is rising in many different parts of the world as "Rising Adoption of Smart Technologies and Distributed Applications". One of the challenges that industry facing is "Emerging Common Protocols and Standards across the IoT Platform"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Cellular IoT market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Cellular IoT market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Cellular IoT market tight? Which application/end-user category or Product Type [2G, 3G, NB–LTE–M, 4G, LTE–M, NB–IoT and 5G] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cellular IoT market and other related sub-markets covered in the study.
o Key & emerging players in the Cellular IoT market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cellular IoT market size is calculated using market estimation process, the Cellular IoT market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cellular IoT market size has been validated using both top-down and bottom-up approaches.