Worldwide Cellular IoT Industry to 2026 – Expanding Number of Digital Transformation Initiatives Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cellular IoT Market Research Report by Type, Component, Application, End-user, and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Cellular IoT Market size was estimated at USD 2,696.75 million in 2020, is expected to reach USD 3,211.05 million in 2021, and projected to grow at a CAGR of 19.41% reaching USD 7,819.34 million by 2026.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cellular IoT Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Cellular IoT Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cellular IoT Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cellular IoT Market?

4. What is the competitive strategic window for opportunities in the Global Cellular IoT Market?

5. What are the technology trends and regulatory frameworks in the Global Cellular IoT Market?

6. What is the market share of the leading vendors in the Global Cellular IoT Market?

7. What modes and strategic moves are considered suitable for entering the Global Cellular IoT Market?

Market Dynamics

Drivers

• Increasing implementation of advanced cellular IoT technologies
• Growing demand for connected devices and Cellular IoT in Smart Cities
• Use of 5G Cellular IoT in homeland security with surveillance

Restraints

• High cost of IoT infrastructure and issues regarding legal regulatory

Opportunities

• Rise in digitalization and automation among industries across diverse verticals
• Adoption of IoT in automotive industry, commercialization of 5G
• Expanding number of digital transformation initiatives

Challenges

• Concerns regarding spectrum harmonization for 5G

Companies Mentioned

• Accenture PLC
• Amazon Web Services
• AT&T Mobility LLC
• Cisco Systems, Inc.
• Google LLC by Alphabet Inc.
• Hitachi, Ltd.
• Huawei Technologies Co. Ltd.
• MediaTek, Inc.
• Qualcomm Technologies, Inc.
• Sequans Communications S.A.
• Sierra Wireless, Inc.
• Telefonaktiebolaget LM Ericsson
• Texas Instruments Inc.
• Thales S.A.
• ZTE Corporation

For more information about this report visit https://www.researchandmarkets.com/r/jo4zz6

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900