IoT Module Market

The IoT module market comprises the critical hardware, software, and service components that enable physical devices to connect and communicate within the Internet of Things ecosystem. The primary customers are businesses across a wide range of industries, including healthcare, industrial automation, smart agriculture, and smart cities. Key market growth is driven by the rising adoption of Low Power Wide Area Networks (LPWAN) for energy-efficient connectivity and the increasing integration of Artificial Intelligence (AI) for real-time edge analytics.