Global IoT Communication Module Market Research Report 2025

Publication ID:

PB504254204

Publication Date:

April 9, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Internet [2]

Computing & Electronics [3]

Description:

The global market for IoT Communication Module was valued at US$ 6445 million in the year 2024 and is projected to reach a revised size of US$ 13780 million by 2031, growing at a CAGR of 11.6% during the forecast 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 aims to provide a comprehensive presentation of the global market for IoT Communication Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Communication Module.
The IoT Communication Module market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global IoT Communication Module market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Communication Module companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Quectel
Sunsea Group
Sierra Wireless
Telit
Gemalto
Fibocom
U-Blox
Neoway Technology
Gosuncn
Huawei
LG Innotek
Nanjing Zhongxing IoT Technology
Segment by Type
Cellular Communication Module
Non-cellular Communication Module
Segment by Application
City Service IoT
Consumer IoT
Industrial Internet of Things
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Communication Module company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IoT Communication Module Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Cellular Communication Module
1.2.3 Non-cellular Communication Module
1.3 Market by Application
1.3.1 Global IoT Communication Module Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 City Service IoT
1.3.3 Consumer IoT
1.3.4 Industrial Internet of Things
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT Communication Module Market Perspective (2020-2031)
2.2 Global IoT Communication Module Growth Trends by Region
2.2.1 Global IoT Communication Module Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 IoT Communication Module Historic Market Size by Region (2020-2025)
2.2.3 IoT Communication Module Forecasted Market Size by Region (2026-2031)
2.3 IoT Communication Module Market Dynamics
2.3.1 IoT Communication Module Industry Trends
2.3.2 IoT Communication Module Market Drivers
2.3.3 IoT Communication Module Market Challenges
2.3.4 IoT Communication Module Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT Communication Module Players by Revenue
3.1.1 Global Top IoT Communication Module Players by Revenue (2020-2025)
3.1.2 Global IoT Communication Module Revenue Market Share by Players (2020-2025)
3.2 Global IoT Communication Module Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by IoT Communication Module Revenue
3.4 Global IoT Communication Module Market Concentration Ratio
3.4.1 Global IoT Communication Module Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT Communication Module Revenue in 2024
3.5 Global Key Players of IoT Communication Module Head office and Area Served
3.6 Global Key Players of IoT Communication Module, Product and Application
3.7 Global Key Players of IoT Communication Module, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT Communication Module Breakdown Data by Type
4.1 Global IoT Communication Module Historic Market Size by Type (2020-2025)
4.2 Global IoT Communication Module Forecasted Market Size by Type (2026-2031)
5 IoT Communication Module Breakdown Data by Application
5.1 Global IoT Communication Module Historic Market Size by Application (2020-2025)
5.2 Global IoT Communication Module Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America IoT Communication Module Market Size (2020-2031)
6.2 North America IoT Communication Module Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America IoT Communication Module Market Size by Country (2020-2025)
6.4 North America IoT Communication Module Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT Communication Module Market Size (2020-2031)
7.2 Europe IoT Communication Module Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe IoT Communication Module Market Size by Country (2020-2025)
7.4 Europe IoT Communication Module Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT Communication Module Market Size (2020-2031)
8.2 Asia-Pacific IoT Communication Module Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific IoT Communication Module Market Size by Region (2020-2025)
8.4 Asia-Pacific IoT Communication Module Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT Communication Module Market Size (2020-2031)
9.2 Latin America IoT Communication Module Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America IoT Communication Module Market Size by Country (2020-2025)
9.4 Latin America IoT Communication Module Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT Communication Module Market Size (2020-2031)
10.2 Middle East & Africa IoT Communication Module Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa IoT Communication Module Market Size by Country (2020-2025)
10.4 Middle East & Africa IoT Communication Module Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Quectel
11.1.1 Quectel Company Details
11.1.2 Quectel Business Overview
11.1.3 Quectel IoT Communication Module Introduction
11.1.4 Quectel Revenue in IoT Communication Module Business (2020-2025)
11.1.5 Quectel Recent Development
11.2 Sunsea Group
11.2.1 Sunsea Group Company Details
11.2.2 Sunsea Group Business Overview
11.2.3 Sunsea Group IoT Communication Module Introduction
11.2.4 Sunsea Group Revenue in IoT Communication Module Business (2020-2025)
11.2.5 Sunsea Group Recent Development
11.3 Sierra Wireless
11.3.1 Sierra Wireless Company Details
11.3.2 Sierra Wireless Business Overview
11.3.3 Sierra Wireless IoT Communication Module Introduction
11.3.4 Sierra Wireless Revenue in IoT Communication Module Business (2020-2025)
11.3.5 Sierra Wireless Recent Development
11.4 Telit
11.4.1 Telit Company Details
11.4.2 Telit Business Overview
11.4.3 Telit IoT Communication Module Introduction
11.4.4 Telit Revenue in IoT Communication Module Business (2020-2025)
11.4.5 Telit Recent Development
11.5 Gemalto
11.5.1 Gemalto Company Details
11.5.2 Gemalto Business Overview
11.5.3 Gemalto IoT Communication Module Introduction
11.5.4 Gemalto Revenue in IoT Communication Module Business (2020-2025)
11.5.5 Gemalto Recent Development
11.6 Fibocom
11.6.1 Fibocom Company Details
11.6.2 Fibocom Business Overview
11.6.3 Fibocom IoT Communication Module Introduction
11.6.4 Fibocom Revenue in IoT Communication Module Business (2020-2025)
11.6.5 Fibocom Recent Development
11.7 U-Blox
11.7.1 U-Blox Company Details
11.7.2 U-Blox Business Overview
11.7.3 U-Blox IoT Communication Module Introduction
11.7.4 U-Blox Revenue in IoT Communication Module Business (2020-2025)
11.7.5 U-Blox Recent Development
11.8 Neoway Technology
11.8.1 Neoway Technology Company Details
11.8.2 Neoway Technology Business Overview
11.8.3 Neoway Technology IoT Communication Module Introduction
11.8.4 Neoway Technology Revenue in IoT Communication Module Business (2020-2025)
11.8.5 Neoway Technology Recent Development
11.9 Gosuncn
11.9.1 Gosuncn Company Details
11.9.2 Gosuncn Business Overview
11.9.3 Gosuncn IoT Communication Module Introduction
11.9.4 Gosuncn Revenue in IoT Communication Module Business (2020-2025)
11.9.5 Gosuncn Recent Development
11.10 Huawei
11.10.1 Huawei Company Details
11.10.2 Huawei Business Overview
11.10.3 Huawei IoT Communication Module Introduction
11.10.4 Huawei Revenue in IoT Communication Module Business (2020-2025)
11.10.5 Huawei Recent Development
11.11 LG Innotek
11.11.1 LG Innotek Company Details
11.11.2 LG Innotek Business Overview
11.11.3 LG Innotek IoT Communication Module Introduction
11.11.4 LG Innotek Revenue in IoT Communication Module Business (2020-2025)
11.11.5 LG Innotek Recent Development
11.12 Nanjing Zhongxing IoT Technology
11.12.1 Nanjing Zhongxing IoT Technology Company Details
11.12.2 Nanjing Zhongxing IoT Technology Business Overview
11.12.3 Nanjing Zhongxing IoT Technology IoT Communication Module Introduction
11.12.4 Nanjing Zhongxing IoT Technology Revenue in IoT Communication Module Business (2020-2025)
11.12.5 Nanjing Zhongxing IoT Technology Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 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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