Global IoT Communication Module Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Publication ID:

GIR072508627

Publication Date:

July 18, 2025

Pages:

116

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Internet [2]

Computing & Electronics [3]

Description:

The global IoT Communication Module market size was valued at US$ 6632 million in 2024 and is forecast to a readjusted size of USD 13970 million by 2031 with a CAGR of 11.4% during review period.
The IoT听Communication听Module market covers Cellular Communication Module, Non-cellular Communication Module, etc. The typical players include Quectel, Sunsea Group, Sierra Wireless, Telit, etc.
IoT communication modules are key components for achieving network communication between IoT devices. With the continuous expansion of application scenarios such as smart manufacturing, smart cities, and smart homes, the demand for IoT modules will continue to grow. In particular, the widespread application of 5G technology has driven the IoT module industry to usher in a new wave of technological iteration.
The IoT module market is highly competitive, and major manufacturers include Quectel Communications, Fibocom, Neoway Technology, and Gosuncn. These manufacturers have occupied a certain share in the market and have stood out from the competition with their respective technological advantages, product performance, and market strategies. At present, there are two main business strategies in the IoT module industry. One is to win by breadth, by providing standardized low-priced modules to seize market share; the other is to win by specialization, by building a moat through technical or channel advantages in certain segments. These two strategies have their own advantages and disadvantages, and manufacturers need to choose appropriate market strategies based on their actual conditions.
According to types, the most proportion of the IoT communication module is cellular communication module, taking about 82%. The most proportion of Global IoT Communication Module is used for city Service IoT and the proportion is about 49% .
Market driving factors
Technological progress: With the rapid development and commercialization of new generation communication technologies such as 5G and 6G, the IoT module industry will usher in a new wave of technological iteration. The application of these new technologies will improve the performance of IoT modules, reduce power consumption and costs, and promote the rapid development of the market.
Policy support: Governments of various countries are actively promoting the development of the Internet of Things industry and have issued a series of relevant policies and plans. The implementation of these policies will provide strong support for the Internet of Things module market.
Market demand: With the continuous expansion of Internet of Things application scenarios and the expansion of market scale, the market demand for Internet of Things modules will continue to grow. Especially in the fields of smart manufacturing, smart cities, smart homes, etc., the application prospects of Internet of Things modules are broad.
This report is a detailed and comprehensive analysis for global IoT Communication Module market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global IoT Communication Module market size and forecasts, in consumption value ($ Million), 2020-2031
Global IoT Communication Module market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global IoT Communication Module market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global IoT Communication Module market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for IoT Communication Module
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global IoT Communication Module market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quectel, Sunsea Group, Sierra Wireless, Telit, Gemalto, Fibocom, U-Blox, Neoway Technology, Gosuncn, Huawei, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
IoT Communication Module market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cellular Communication Module
Non-cellular Communication Module
Market segment by Application
City Service IoT
Consumer IoT
Industrial Internet of Things
Others
Market segment by players, this report covers
Quectel
Sunsea Group
Sierra Wireless
Telit
Gemalto
Fibocom
U-Blox
Neoway Technology
Gosuncn
Huawei
LG Innotek
Nanjing Zhongxing IoT Technology
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe IoT Communication Module product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of IoT Communication Module, with revenue, gross margin, and global market share of IoT Communication Module from 2020 to 2025.
Chapter 3, the IoT Communication Module competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and IoT Communication Module market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of IoT Communication Module.
Chapter 13, to describe IoT Communication Module research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of IoT Communication Module by Type
1.3.1 Overview: Global IoT Communication Module Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global IoT Communication Module Consumption Value Market Share by Type in 2024
1.3.3 Cellular Communication Module
1.3.4 Non-cellular Communication Module
1.4 Global IoT Communication Module Market by Application
1.4.1 Overview: Global IoT Communication Module Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 City Service IoT
1.4.3 Consumer IoT
1.4.4 Industrial Internet of Things
1.4.5 Others
1.5 Global IoT Communication Module Market Size & Forecast
1.6 Global IoT Communication Module Market Size and Forecast by Region
1.6.1 Global IoT Communication Module Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global IoT Communication Module Market Size by Region, (2020-2031)
1.6.3 North America IoT Communication Module Market Size and Prospect (2020-2031)
1.6.4 Europe IoT Communication Module Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific IoT Communication Module Market Size and Prospect (2020-2031)
1.6.6 South America IoT Communication Module Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa IoT Communication Module Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Quectel
2.1.1 Quectel Details
2.1.2 Quectel Major Business
2.1.3 Quectel IoT Communication Module Product and Solutions
2.1.4 Quectel IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Quectel Recent Developments and Future Plans
2.2 Sunsea Group
2.2.1 Sunsea Group Details
2.2.2 Sunsea Group Major Business
2.2.3 Sunsea Group IoT Communication Module Product and Solutions
2.2.4 Sunsea Group IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Sunsea Group Recent Developments and Future Plans
2.3 Sierra Wireless
2.3.1 Sierra Wireless Details
2.3.2 Sierra Wireless Major Business
2.3.3 Sierra Wireless IoT Communication Module Product and Solutions
2.3.4 Sierra Wireless IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Sierra Wireless Recent Developments and Future Plans
2.4 Telit
2.4.1 Telit Details
2.4.2 Telit Major Business
2.4.3 Telit IoT Communication Module Product and Solutions
2.4.4 Telit IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Telit Recent Developments and Future Plans
2.5 Gemalto
2.5.1 Gemalto Details
2.5.2 Gemalto Major Business
2.5.3 Gemalto IoT Communication Module Product and Solutions
2.5.4 Gemalto IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Gemalto Recent Developments and Future Plans
2.6 Fibocom
2.6.1 Fibocom Details
2.6.2 Fibocom Major Business
2.6.3 Fibocom IoT Communication Module Product and Solutions
2.6.4 Fibocom IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Fibocom Recent Developments and Future Plans
2.7 U-Blox
2.7.1 U-Blox Details
2.7.2 U-Blox Major Business
2.7.3 U-Blox IoT Communication Module Product and Solutions
2.7.4 U-Blox IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 U-Blox Recent Developments and Future Plans
2.8 Neoway Technology
2.8.1 Neoway Technology Details
2.8.2 Neoway Technology Major Business
2.8.3 Neoway Technology IoT Communication Module Product and Solutions
2.8.4 Neoway Technology IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Neoway Technology Recent Developments and Future Plans
2.9 Gosuncn
2.9.1 Gosuncn Details
2.9.2 Gosuncn Major Business
2.9.3 Gosuncn IoT Communication Module Product and Solutions
2.9.4 Gosuncn IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Gosuncn Recent Developments and Future Plans
2.10 Huawei
2.10.1 Huawei Details
2.10.2 Huawei Major Business
2.10.3 Huawei IoT Communication Module Product and Solutions
2.10.4 Huawei IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Huawei Recent Developments and Future Plans
2.11 LG Innotek
2.11.1 LG Innotek Details
2.11.2 LG Innotek Major Business
2.11.3 LG Innotek IoT Communication Module Product and Solutions
2.11.4 LG Innotek IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 LG Innotek Recent Developments and Future Plans
2.12 Nanjing Zhongxing IoT Technology
2.12.1 Nanjing Zhongxing IoT Technology Details
2.12.2 Nanjing Zhongxing IoT Technology Major Business
2.12.3 Nanjing Zhongxing IoT Technology IoT Communication Module Product and Solutions
2.12.4 Nanjing Zhongxing IoT Technology IoT Communication Module Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Nanjing Zhongxing IoT Technology Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global IoT Communication Module Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of IoT Communication Module by Company Revenue
3.2.2 Top 3 IoT Communication Module Players Market Share in 2024
3.2.3 Top 6 IoT Communication Module Players Market Share in 2024
3.3 IoT Communication Module Market: Overall Company Footprint Analysis
3.3.1 IoT Communication Module Market: Region Footprint
3.3.2 IoT Communication Module Market: Company Product Type Footprint
3.3.3 IoT Communication Module Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global IoT Communication Module Consumption Value and Market Share by Type (2020-2025)
4.2 Global IoT Communication Module Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global IoT Communication Module Consumption Value Market Share by Application (2020-2025)
5.2 Global IoT Communication Module Market Forecast by Application (2026-2031)
6 North America
6.1 North America IoT Communication Module Consumption Value by Type (2020-2031)
6.2 North America IoT Communication Module Market Size by Application (2020-2031)
6.3 North America IoT Communication Module Market Size by Country
6.3.1 North America IoT Communication Module Consumption Value by Country (2020-2031)
6.3.2 United States IoT Communication Module Market Size and Forecast (2020-2031)
6.3.3 Canada IoT Communication Module Market Size and Forecast (2020-2031)
6.3.4 Mexico IoT Communication Module Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe IoT Communication Module Consumption Value by Type (2020-2031)
7.2 Europe IoT Communication Module Consumption Value by Application (2020-2031)
7.3 Europe IoT Communication Module Market Size by Country
7.3.1 Europe IoT Communication Module Consumption Value by Country (2020-2031)
7.3.2 Germany IoT Communication Module Market Size and Forecast (2020-2031)
7.3.3 France IoT Communication Module Market Size and Forecast (2020-2031)
7.3.4 United Kingdom IoT Communication Module Market Size and Forecast (2020-2031)
7.3.5 Russia IoT Communication Module Market Size and Forecast (2020-2031)
7.3.6 Italy IoT Communication Module Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific IoT Communication Module Consumption Value by Type (2020-2031)
8.2 Asia-Pacific IoT Communication Module Consumption Value by Application (2020-2031)
8.3 Asia-Pacific IoT Communication Module Market Size by Region
8.3.1 Asia-Pacific IoT Communication Module Consumption Value by Region (2020-2031)
8.3.2 China IoT Communication Module Market Size and Forecast (2020-2031)
8.3.3 Japan IoT Communication Module Market Size and Forecast (2020-2031)
8.3.4 South Korea IoT Communication Module Market Size and Forecast (2020-2031)
8.3.5 India IoT Communication Module Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia IoT Communication Module Market Size and Forecast (2020-2031)
8.3.7 Australia IoT Communication Module Market Size and Forecast (2020-2031)
9 South America
9.1 South America IoT Communication Module Consumption Value by Type (2020-2031)
9.2 South America IoT Communication Module Consumption Value by Application (2020-2031)
9.3 South America IoT Communication Module Market Size by Country
9.3.1 South America IoT Communication Module Consumption Value by Country (2020-2031)
9.3.2 Brazil IoT Communication Module Market Size and Forecast (2020-2031)
9.3.3 Argentina IoT Communication Module Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa IoT Communication Module Consumption Value by Type (2020-2031)
10.2 Middle East & Africa IoT Communication Module Consumption Value by Application (2020-2031)
10.3 Middle East & Africa IoT Communication Module Market Size by Country
10.3.1 Middle East & Africa IoT Communication Module Consumption Value by Country (2020-2031)
10.3.2 Turkey IoT Communication Module Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia IoT Communication Module Market Size and Forecast (2020-2031)
10.3.4 UAE IoT Communication Module Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 IoT Communication Module Market Drivers
11.2 IoT Communication Module Market Restraints
11.3 IoT Communication Module Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 IoT Communication Module Industry Chain
12.2 IoT Communication Module Upstream Analysis
12.3 IoT Communication Module Midstream Analysis
12.4 IoT Communication Module Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

Quectel
Sunsea Group
Sierra Wireless
Telit
Gemalto
Fibocom
U-Blox
Neoway Technology
Gosuncn
Huawei
LG Innotek
Nanjing Zhongxing IoT Technology

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