Scope of the Study
Internet of Things (IoT) module is an electronic device which is embedded in objects, machines and things. These objects connect to wireless networks and send as well as receive data. IoT module is referred to as radio chip or IoT chip and has same technology and data circuits as that of mobile phones. However, it does not contain features such as display and keypad. As IoT application needs to send data automatically, it provides an always on connectivity. Moreover, Internet of Things is designed for extreme durability and longevity as it needs to operate continuously for long period of time.
The market study is being classified, by Application (Smart city, Smart metering, Alarms and event detectors and Smart home) and major geographies with country level break-up.
Sierra Wireless (Canada), Gemalto (Netherlands), Huawei (China), Telit (United Kingdom), Quectel (China), Digi International (United States), Nordic Semiconductor (Norway), Sequans Communications (France), Sercomm (Taiwan) and Fabocom (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are GosuncnWelink (China), Neoway (China) and u-blox AG (Switzerland).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that China Players will contribute to the maximum growth of Global IoT Network Module market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global IoT Network Module market by Type, Application and Region.
On the basis of geography, the market of IoT Network Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Features such as smaller module size, deep indoor penetration and broader coverage
- Growing demand for extended network coverage
- Increasing adoption of smart technologies and distributed applications
- Technology fragmentation may hamper the market growth
- Surge in IoT health applications due to corona virus pandemic is having positive impact on market. There has been increased usage of telehealth, digital diagnostics, Remote monitoring, and robot assistance.
- Rising demand for end to end security
- Development of protocols and standards in IoT platform
On 6Th April 2019, NeTBurner has launched new system on module for Internet of Things. It supports IoT applications in various industries such as Energy, manufacturing, robotics, satellite communications, automotive and transportation.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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