Wednesday, 11 October, 2023

Global cellular IoT module shipment to hit 780 mn, India market to grow at 38%

<p>Global cellular IoT module shipments will hit 780 mn units in 2024 to reach $11.5 bn in revenue. India market will have the highest growth at 38%, said Counterpoint Research&#39;s Global Cellular IoT Module and Chipset Forecast. NarrowBand-IoT will lead the cellular IoT module shipments by 2024, followed by 4G and 5G. North America will overtake Europe in 2024 to become the second-largest market after China.</p> <p>&nbsp;</p>