Cellular IoT Market to Reach $5.31 Billion by 2022 - Rising Demand for Extended Network Coverage - Key Vendors are Commsolid, Gemalto, Qualcomm, Sierra Wireless, Texas Instruments & ZTE Corporation - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Cellular IoT Market - Global Forecast to 2022" report to their offering.

The cellular IoT market is expected to grow from USD 1.26 billion in 2015 to USD 5.31 billion by 2022, at a CAGR of 23.34% during the forecast period.

Rising demand for extended network coverage and capacity to accommodate large number of connected devices are expected to drive the market for cellular IoT. However, technology fragmentation and lack of regulation for spectrum allocation is expected to re-script the growth of this market.

The demand for long-range communications owing to the increase in demand for connectivity between mobile objects or objects spread out across a wide area drives the growth of NB-IoT market. Moreover, NB-IoT offers low power utilization and extended coverage in comparison to existing technologies such as LoRa and SigFox and is therefore expected to be widely adopted by several industries.

Cellular technologies are now being deployed in smart meter and smart grid for point-to-point communication with individual meters. Moreover, when utility companies opt for cellular communications, they can rely on the mobile operator to provide the network instead of bearing the cost of deploying, operating, and maintaining the entire communications infrastructure themselves. By outsourcing it to mobile operators, companies can reduce both installation costs and implementation time for their smart metering projects.

Companies Mentioned:

  • Commsolid GmbH
  • Gemalto NV
  • Mediatek Inc.
  • Mistbase Communication System
  • Qualcomm Incorporated
  • Sequans Communication
  • Sierra Wireless
  • Telit Communications PLC
  • Texas Instruments
  • U-Blox Holding AG
  • ZTE Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Cellular IoT Market, By Offering

8 Cellular IoT Market, By Type

9 Cellular IoT Market, By End-Use Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/v2vn7d/cellular_iot

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Internet of Things and M2M

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Internet of Things and M2M