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World mobile IoT module shipments grew 70% year-on-year in Q3 2021, in response to the most recent analysis from Counterpoint’s World Mobile IoT Module, Chipset and Software Tracker.
By way of general income, the market crossed the $1.5-billion mark in the course of the quarter and China continued to dominate by way of quantity, adopted by North America and Europe. 5G was the quickest rising know-how (+700% YoY) as a consequence of a decrease base.
“Chinese language module gamers carried out effectively throughout this quarter whereas some worldwide gamers struggled. Quectel, Fibocom and China Cell had been the highest three mobile IoT module gamers in China by way of shipments. For the remainder of the world, Quectel, Telit and Thales had been the highest three mobile IoT module gamers,” mentioned analysis analyst Soumen Mandal.
All the highest 5 module gamers in Q3 2021 had been from China. MeiG Sensible is one other Chinese language participant witnessing steady progress. Automotive-grade NAD IoT module gamers Rolling Wi-fi and LG raced into the highest 10 module gamers rankings as demand for linked automobiles continued to rise.”
Sensible meter, POS (level of sale) and retail had been the highest three fastest-growing functions. The continued chip scarcity had a detrimental affect on the automotive phase.”Qualcomm is main within the world mobile IoT chipset market with greater than one-third share. Nevertheless, the corporate misplaced almost 4 per cent market share in comparison with the earlier quarter,” mentioned vice president-research, Neil Shah.
The general mobile IoT module ASP decreased by 3% sequentially due to the shift in direction of the cheaper NB-IoT and 4G Cat-1 modules throughout this quarter. Nevertheless, 4G Cat 4+ and 5G IoT modules’ ASP rose as a consequence of tight provides. This had minimal affect on complete shipments, but when the availability state of affairs doesn’t enhance, it may decelerate 5G adoption.
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