Global Cellular IoT Module Shipments Decline 28% Sequentially During Q1 2020

Top

Global Cellular IoT Module Shipments Decline 28% Sequentially During Q1 2020

Press releases
/ Aug 26, 2020
/ Team Counterpoint

Quectel led the global cellular IoT module shipments with 28% market share during Q1 2020
Qualcomm led the global cellular IoT module chipset shipments, capturing a third of the market
Industrial, enterprise and automotive are the top applications for cellular IoT modules

San Diego, Buenos Aires, London, New Delhi, Hong Kong, Beijing, Seoul – August 26, 2020

Global cellular IoT module shipments reduced by 4% YoY and 28% QoQ during Q1 2020 due to the negative impact of COVID-19 outbreak, according to the latest research from Counterpoint Global Cellular IoT Module and Chipset Tracker. However, IoT module shipments based on the Low Power Wireless Access (LPWA) technology increased by 51% during this quarter, offsetting the decline in automotive and other mobility applications. The falling prices, lower power consumption and extended coverage are the major reasons for growing popularity of LPWA modules among other cellular technologies.

Research Associate Soumen Mandal said: “Driven by a wider geographic reach, faster time-to-market, excellent IoT application support, aggressive marketing and a broader portfolio, with the MC, M and BC series modules performing well, Quectel managed to retain top spot in the global cellular IoT module market. However, SLM152, ME909 and SIM868 modules from Meig, Huawei and SIMCom, respectively, did well to help these brands compete with Quectel. Further, cost-effectiveness is helping other Chinese players like Fibocom, MobileTek, Lierda and Neoway to increase share in the global cellular IoT module market. International vendors such as Gemalto, Sierra, Telit and u-blox continued to maintain top rankings behind Sunsea IoT and Quectel with strongholds in North America, Europe and other developed markets.”

Exhibit 1: Global Cellular IoT Module Shipments by Brand – Q1 2020

Research Associate Anish Khajuria said: “The average price of IoT modules decreased by 12% YoY in Q1 2020. The rising demand for low-cost LPWA modules such as NB-IoT, LTE-M and LTE Cat-1 has been driving the overall IoT module ASP down. Quectel, Sierra Wireless, Gemalto, Telit and Fibocom are top five players in terms of IoT module shipment revenues globally. However, the rise of long-tail but region-focused brands like Cheerzing, Cavli Wireless, AM Telecom, Kyocera and Yuge is witnessing good traction.”

“Industrial, enterprise and automotive are top application areas for cellular IoT modules. With the rising connectivity and autonomy in automobiles, demand for 4G and 5G modules will rise in coming years,” said Senior Analyst Aman Madhok.

Madhok added: “Again, smart manufacturing and smart industry applications in the age of Industry 4.0 will see increasing demand for cellular IoT modules to reduce power consumption, increase efficiency in the production process and connect machines to cloud for optimal business planning.”

Vice-President Research Neil Shah noted: “Qualcomm is leading the share of chipset shipments powering the IoT cellular modules. Diversifying product offerings, robust supply chain network, innovation and price competitiveness have helped Qualcomm maintain collaboration with major cellular IoT module players. With the shift in focus for Intel away from the cellular modem business, coupled with significant growth in NB-IoT, LTE-M and LTE Cat-1 technologies in key markets such as China, US and Europe, growth opportunities open up for other chipset brands. MediaTek, UNISOC, Hisilicon, Sony (Altair Semi) and newer players such as ASR and Nordic Semi will look to increase their overall market share globally.”

Exhibit 2: Global Cellular IoT Module Shipments by Chipset Vendor – Q1 2020

Commenting on future deployments, Research Associate Fahad Siddiqui said: “China will dominate the global cellular IoT module market in coming years, with North America and western Europe emerging as important markets. With more deployments of 5G network around the world, the demand for 5G modules will increase. Connected vehicles, CPEs and routers for FWA, industrial robots and video surveillance will be some of the key 5G IoT module driven applications, especially in markets such as North America, China, Korea, Taiwan, Japan and UK initially.”

The comprehensive and in-depth ‘Global Cellular IoT Module and Chipset Tracker 2018Q1-2020Q1’ report is a part of Counterpoint’s IoT (Internet of Things) Service. The report is available for download here for subscribing clients.

Background:

Counterpoint Technology Market Research is a global research firm specializing in Technology products in the TMT industry. It services major technology firms and financial firms with a mix of monthly reports, customized projects and detailed analysis of the mobile and technology markets. Its key analysts are experts in the industry with an average tenure of 13 years in the high-tech industry.

Analyst Contacts:

Soumen Mandal

Neil Shah

Aman Madhok

Anish Khajuria

Fahad Siddiqui

Counterpoint Research

press@counterpointresearch.com

Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.

Generative AI Phone Industry Whitepaper

Counterpoint Quarterlies: Q1 2024

iPhone 15 Pro Max Best-selling Smartphone in Q1 2024

Counterpoint Research Weekly Newsletter

Counterpoint Weekly Newsletter

Read Here

Term of Use and Privacy Policy

Counterpoint Technology Market Research Limited

Registration

In order to access Counterpoint Technology Market Research Limited (Company or We hereafter) Web sites, you may be asked to complete a registration form. You are required to provide contact information which is used to enhance the user experience and determine whether you are a paid subscriber or not.
Personal Information When you register on we ask you for personal information. We use this information to provide you with the best advice and highest-quality service as well as with offers that we think are relevant to you. We may also contact you regarding a Web site problem or other customer service-related issues. We do not sell, share or rent personal information about you collected on Company Web sites.

How to unsubscribe and Termination

You may request to terminate your account or unsubscribe to any email subscriptions or mailing lists at any time. In accessing and using this Website, User agrees to comply with all applicable laws and agrees not to take any action that would compromise the security or viability of this Website. The Company may terminate User’s access to this Website at any time for any reason. The terms hereunder regarding Accuracy of Information and Third Party Rights shall survive termination.

Website Content and Copyright

This Website is the property of Counterpoint and is protected by international copyright law and conventions. We grant users the right to access and use the Website, so long as such use is for internal information purposes, and User does not alter, copy, disseminate, redistribute or republish any content or feature of this Website. User acknowledges that access to and use of this Website is subject to these TERMS OF USE and any expanded access or use must be approved in writing by the Company.
– Passwords are for user’s individual use
– Passwords may not be shared with others
– Users may not store documents in shared folders.
– Users may not redistribute documents to non-users unless otherwise stated in their contract terms.

Changes or Updates to the Website

The Company reserves the right to change, update or discontinue any aspect of this Website at any time without notice. Your continued use of the Website after any such change constitutes your agreement to these TERMS OF USE, as modified.
Accuracy of Information: While the information contained on this Website has been obtained from sources believed to be reliable, We disclaims all warranties as to the accuracy, completeness or adequacy of such information. User assumes sole responsibility for the use it makes of this Website to achieve his/her intended results.

Third Party Links: This Website may contain links to other third party websites, which are provided as additional resources for the convenience of Users. We do not endorse, sponsor or accept any responsibility for these third party websites, User agrees to direct any concerns relating to these third party websites to the relevant website administrator.

Cookies and Tracking

We may monitor how you use our Web sites. It is used solely for purposes of enabling us to provide you with a personalized Web site experience.
This data may also be used in the aggregate, to identify appropriate product offerings and subscription plans.
Cookies may be set in order to identify you and determine your access privileges. Cookies are simply identifiers. You have the ability to delete cookie files from your hard disk drive.

Top