Cellular IoT
refers to the technology that uses cellular networks to connect physical
devices to the internet. It relies on 2G, 3G, 4G, 5G, and LPWAN technologies,
such as LTE-M and NB-IoT, for the transmission and reception of data. The
standards for cellular network technology are maintained by the 3rd Generation
Partnership Project (3GPP), which is responsible for developing the protocols
for each next-generation cellular network. As such the key business drivers for
penetration of these cellular IoT technologies include increasing deployment of
cellular IoT modules in smart city infrastructure and building automation verticals,
and growing demand for cellular IoT in agricultural automation and
environmental monitoring. The cellular
IoT market is projected to grow from USD 3.9 billion in 2021 to USD 15.4
billion by 2027.
Quectel (China),
Thales Group (France), Fibocom Wireless (China), Telit Communications (UK), and
u-blox Holding (Switzerland) are the key players in the cellular IoT market.
Quectel
(China)
Quectel is one of
the leading players in the manufacturing of cellular IoT modules. The company
is among the top 5 players in the market. Quectel offers cellular and GNSS
modules for a broad range of cellular technologies, such as 5G, LTE/LTE-A,
NB-IoT/LTE-M, Universal Mobile Telecommunications System (UMTS)/High-Speed
Packet Access (HSPA)
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Thales Group
(France)
Thales Group covers
the entire IoT stack, starting from connectivity and security to management and
analysis. The company’s connectivity stack comprises modules, terminals and
gateways, modem cards, system on modules, development kits, and industrial SIM
cards. Its security portfolio includes an IoT security platform with trusted
key management solutions. Thales offers a Cinterion IoT suite that manages IoT
devices and comprises connectivity management. Its product portfolio supports
all cellular technologies, including LTE, NB-IoT, LTE Cat.M, and 5G.
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