Cellular IoT Module Shipments Market

The cellular IoT module market consists of hardware components that enable Internet of Things (IoT) devices to connect and communicate over cellular networks. Key customers are enterprises across various sectors, including automotive, utilities, logistics, healthcare, and manufacturing, who integrate these modules into their products. The market's growth is primarily driven by the expanding adoption of Low-Power Wide-Area (LPWA) networks for energy efficiency and the increasing integration of flexible eSIM technology for simplified global deployment.