The Cellular IoT Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Internet of Things (IoT) has taken businesses today by storm and has become one of the centric strategies for businesses to emerge as the leaders in the market. Most of the businesses have laid enhanced importance towards IoT implementations into the business models for achieving enhanced levels of customer service. Machine-to-machine communication would be resulting in a huge amount of data generated, that needs to be processed and communicated efficiently for establishing real-time communication. Harnessing the potentials of large cellular infrastructures, cost-efficient real-time communications could be achieved and constitute the cellular IoT market scope.
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The “Global Cellular IoT Market Analysis to 2027” is a specialized and in-depth study of the Cellular IoT market with a focus on the global market trend. The report aims to provide an overview of the global Cellular IoT market with detailed market segmentation by technology, end-user industry, and geography. The global Cellular IoT market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Leading Key Players
1. ARM Holdings
2. Gemalto NV
3. Mediatek Inc.
4. Qualcomm Incorporated
5. Sierra Wireless
6. SIMCom Wireless
7. Telit Communications PLC
8. Texas Instruments Incorporated
9. U-blox Holding AG
10. ZTE Corporation
The increasing number of internet-enabled devices coupled with rising awareness of IoT is anticipated to be the major driving factors for the Cellular IoT market. The higher cost of implementations coupled with poor communication infrastructures laid down especially in the developing countries is expected to hinder the seamless growth of Cellular IoT market. Encouraging investments by Governments in the cellular communication technologies such as NB-IoT, LPWAN, and 5G to provide new opportunities to the players operating in the Cellular IoT market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Cellular IoT market based on the technology and end-user industry. It also provides market size and forecast till 2027 for overall Cellular IoT market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The Cellular IoT market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Cellular IoT market in these regions. Further, the report also includes ecosystem analysis for the Cellular IoT market.
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cellular IoT Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Cellular IoT Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals
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Source: IcrowdNewsWire