North America Cellular IoT Modules Market Analysis from 2022 to 2034 Containing Market Size, Share along with its CAGR, Forecast and Trends
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North America Cellular IoT Modules Market Analysis — Presence
Geographical Analysis
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North America Cellular IoT Modules Market Analysis 2026
| Region / Country | 2021 (A) | 2025 (A) | 2033 (P) | CAGR |
|---|---|---|---|---|
| North America Cellular IoT Modules Total | xxxx | xxxx | xxxx | 24.2% |
| United States | xxxx | xxxx | xxxx | 24% |
| Canada | xxxx | xxxx | xxxx | 25% |
| Mexico | xxxx | xxxx | xxxx | 24.7% |
A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.
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Component breakdown · Illustrative 2025 shares shown free · Full-period forecast in paid report.
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Competitor Analysis
Competitive Landscape of the Cellular IoT Modules Market
The competitive landscape of the cellular IoT modules market is characterized by intense rivalry among key players focused on innovation, product differentiation, and cost optimization. Companies are increasingly investing in R&D to enhance module capabilities, support new connectivity standards like 5G, and expand their global presence. Strategic partnerships and acquisitions are common as firms seek to strengthen their market positions.
January 2024: At CES 2024, Cavli Wireless unveiled its latest innovation, the CQM220 5G RedCap Cellular IoT Module. The module revolutionized Industry 4.0, Smart Cities, and Asset Tracking with high data throughput and integrated GNSS for global operations. (Source: https://www.cavliwireless.com/news-and-updates/cavli-wireless-announces-the-cqm220-5g-redcap-cellular-iot-module-at-ces-2024.html) January 2024: Nordic Semiconductor showcased its complete portfolio of wireless IoT innovations at CES 2024 on booth 52323, including an update to its nRF91 Series. Products spanned cellular IoT, DECT NR+, Wi-Fi, Matter, and Bluetooth LE. (Source: https://www.nordicsemi.com/Nordic-news/2024/01/Nordic-Semiconductor-at-CES-2024)
| Top Companies (In no particular order) | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (A) |
|---|---|---|---|---|
| Company 1 | ••• | ••• | ••• | ••• |
| Company 2 | ••• | ••• | ••• | ••• |
| Company 3 | ••• | ••• | ••• | ••• |
| Company 4 | ••• | ••• | ••• | ••• |
| Company 5 | ••• | ••• | ••• | ••• |
We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.
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According to Cognitive Market Research, the global Cellular IoT Modules market size was estimated at USD 4152.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1661.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.2% from 2024 to 2031.
- According to Cognitive Market Research, the US had a major share in the Cellular IoT Modules market with a market size of USD 1310.53 million in 2024 and is projected to grow at a CAGR of 24.0% during the forecast period. Due to advanced technological infrastructure, the US holds a major share in the cellular IoT modules market.
- The Canada Cellular IoT Modules market had a market share of USD 199.32 million in 2024 and is projected to grow at a CAGR of 25.0% during the forecast period. Canada's growing cellular IoT modules market is driven by expanding 5G networks and smart technology adoption.
- The Mexico Cellular IoT Modules market is projected to witness growth at a CAGR of 24.7% during the forecast period, with a market size of USD 151.15 million in 2024.
North America is dominant in the cellular IoT modules market, fueled by widespread adoption of advanced technologies such as 5G, IoT, and Industry 4.0. The region's strong infrastructure, high demand for connected devices, and significant investments in smart city initiatives further strengthen its market leadership. Additionally, the presence of key industry players and a favorable regulatory environment contribute to sustained growth. In conclusion, North America's robust ecosystem positions it as a leader in the global cellular IoT modules market.
Analyst Conclusion
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The North America Cellular IoT Modules Market Analysis is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for a notable share of the North America Cellular IoT Modules Market Analysis.
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North America Cellular IoT Modules Market Analysis — Table of Contents
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Report Scope
| Component | Hardware, Software |
|---|---|
| Technology | 2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, 5G |
| End Use Industry | Agriculture, Healthcare, Retail, Energy, Automotive & Transportation, Infrastructure, Others |
| List of Competitors | Sierra Wireless, Huawei Technologies Co., Ltd., Vodafone Group plc, Sequans Communications S.A., ZTE Corporation, Gemalto NV, Telit Communications PLC, u-blox, Ericsson AB, Qualcomm Technologies, Inc., ARM Limited, Mediatek Inc., Texas Instruments Incorporated |
Chapter 1. Competitor Analysis (Subject to Data Availability (Private Players))
- 1.1 Top Competitors Analysis
- 1.1.1 Top Players Ranking 2024
- 1.1.2 New Product Launch Analysis
- 1.2 Company Profile (Data Subject to Availability) Sample Format
- 1.2.1 Sierra Wireless
- 1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.1.2 Business Overview
- 1.2.1.3 R&D Investment (Subject to data availability)
- 1.2.1.4 Financials (Subject to data availability)
- 1.2.1.5 Product Types Specification
- 1.2.1.6 Business Strategy
- 1.2.1.7 Recent Developments
- 1.2.1.8 Management Change
- 1.2.1.9 S.W.O.T Analysis
- 1.2.2 Huawei Technologies Co.
- 1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.2.2 Business Overview
- 1.2.2.3 R&D Investment (Subject to data availability)
- 1.2.2.4 Financials (Subject to data availability)
- 1.2.2.5 Product Types Specification
- 1.2.2.6 Business Strategy
- 1.2.2.7 Recent Developments
- 1.2.2.8 Management Change
- 1.2.2.9 S.W.O.T Analysis
- 1.2.3 Ltd.
- 1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.3.2 Business Overview
- 1.2.3.3 R&D Investment (Subject to data availability)
- 1.2.3.4 Financials (Subject to data availability)
- 1.2.3.5 Product Types Specification
- 1.2.3.6 Business Strategy
- 1.2.3.7 Recent Developments
- 1.2.3.8 Management Change
- 1.2.3.9 S.W.O.T Analysis
- 1.2.4 Vodafone Group plc
- 1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.4.2 Business Overview
- 1.2.4.3 R&D Investment (Subject to data availability)
- 1.2.4.4 Financials (Subject to data availability)
- 1.2.4.5 Product Types Specification
- 1.2.4.6 Business Strategy
- 1.2.4.7 Recent Developments
- 1.2.4.8 Management Change
- 1.2.4.9 S.W.O.T Analysis
- 1.2.5 Sequans Communications S.A.
- 1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.5.2 Business Overview
- 1.2.5.3 R&D Investment (Subject to data availability)
- 1.2.5.4 Financials (Subject to data availability)
- 1.2.5.5 Product Types Specification
- 1.2.5.6 Business Strategy
- 1.2.5.7 Recent Developments
- 1.2.5.8 Management Change
- 1.2.5.9 S.W.O.T Analysis
- 1.2.6 ZTE Corporation
- 1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.6.2 Business Overview
- 1.2.6.3 R&D Investment (Subject to data availability)
- 1.2.6.4 Financials (Subject to data availability)
- 1.2.6.5 Product Types Specification
- 1.2.6.6 Business Strategy
- 1.2.6.7 Recent Developments
- 1.2.6.8 Management Change
- 1.2.6.9 S.W.O.T Analysis
- 1.2.7 Gemalto NV
- 1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.7.2 Business Overview
- 1.2.7.3 R&D Investment (Subject to data availability)
- 1.2.7.4 Financials (Subject to data availability)
- 1.2.7.5 Product Types Specification
- 1.2.7.6 Business Strategy
- 1.2.7.7 Recent Developments
- 1.2.7.8 Management Change
- 1.2.7.9 S.W.O.T Analysis
- 1.2.8 Telit Communications PLC
- 1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.8.2 Business Overview
- 1.2.8.3 R&D Investment (Subject to data availability)
- 1.2.8.4 Financials (Subject to data availability)
- 1.2.8.5 Product Types Specification
- 1.2.8.6 Business Strategy
- 1.2.8.7 Recent Developments
- 1.2.8.8 Management Change
- 1.2.8.9 S.W.O.T Analysis
- 1.2.9 u-blox
- 1.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.9.2 Business Overview
- 1.2.9.3 R&D Investment (Subject to data availability)
- 1.2.9.4 Financials (Subject to data availability)
- 1.2.9.5 Product Types Specification
- 1.2.9.6 Business Strategy
- 1.2.9.7 Recent Developments
- 1.2.9.8 Management Change
- 1.2.9.9 S.W.O.T Analysis
- 1.2.10 Ericsson AB
- 1.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.10.2 Business Overview
- 1.2.10.3 R&D Investment (Subject to data availability)
- 1.2.10.4 Financials (Subject to data availability)
- 1.2.10.5 Product Types Specification
- 1.2.10.6 Business Strategy
- 1.2.10.7 Recent Developments
- 1.2.10.8 Management Change
- 1.2.10.9 S.W.O.T Analysis
- 1.2.11 Qualcomm Technologies
- 1.2.11.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.11.2 Business Overview
- 1.2.11.3 R&D Investment (Subject to data availability)
- 1.2.11.4 Financials (Subject to data availability)
- 1.2.11.5 Product Types Specification
- 1.2.11.6 Business Strategy
- 1.2.11.7 Recent Developments
- 1.2.11.8 Management Change
- 1.2.11.9 S.W.O.T Analysis
- 1.2.12 Inc.
- 1.2.12.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.12.2 Business Overview
- 1.2.12.3 R&D Investment (Subject to data availability)
- 1.2.12.4 Financials (Subject to data availability)
- 1.2.12.5 Product Types Specification
- 1.2.12.6 Business Strategy
- 1.2.12.7 Recent Developments
- 1.2.12.8 Management Change
- 1.2.12.9 S.W.O.T Analysis
- 1.2.13 ARM Limited
- 1.2.13.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.13.2 Business Overview
- 1.2.13.3 R&D Investment (Subject to data availability)
- 1.2.13.4 Financials (Subject to data availability)
- 1.2.13.5 Product Types Specification
- 1.2.13.6 Business Strategy
- 1.2.13.7 Recent Developments
- 1.2.13.8 Management Change
- 1.2.13.9 S.W.O.T Analysis
- 1.2.14 Mediatek Inc.
- 1.2.14.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.14.2 Business Overview
- 1.2.14.3 R&D Investment (Subject to data availability)
- 1.2.14.4 Financials (Subject to data availability)
- 1.2.14.5 Product Types Specification
- 1.2.14.6 Business Strategy
- 1.2.14.7 Recent Developments
- 1.2.14.8 Management Change
- 1.2.14.9 S.W.O.T Analysis
- 1.2.15 Texas Instruments Incorporated
- 1.2.15.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.15.2 Business Overview
- 1.2.15.3 R&D Investment (Subject to data availability)
- 1.2.15.4 Financials (Subject to data availability)
- 1.2.15.5 Product Types Specification
- 1.2.15.6 Business Strategy
- 1.2.15.7 Recent Developments
- 1.2.15.8 Management Change
- 1.2.15.9 S.W.O.T Analysis
- 1.2.1 Sierra Wireless
- 1.1 Top Competitors Analysis
Chapter 2. Global Cellular IoT Modules Market Analysis
- 2.1 Global Cellular IoT Modules Market Analysis
- 2.2 Global Cellular IoT Modules Market Analysis by Component
- 2.3 Global Cellular IoT Modules Market Analysis by Technology
- 2.4 Global Cellular IoT Modules Market Analysis by End Use Industry
Chapter 3. North America Cellular IoT Modules Market Analysis
- 3.1 North America Cellular IoT Modules Market Analysis
- 3.2 North America Cellular IoT Modules Market Analysis by Country
- 3.3 North America Cellular IoT Modules Market Analysis by Component
- 3.4 North America Cellular IoT Modules Market Analysis by Technology
- 3.5 North America Cellular IoT Modules Market Analysis by End Use Industry
- 3.6 North America Cellular IoT Modules Market Analysis by Key Players
Chapter 4. United States Cellular IoT Modules Market Analysis
- 4.1 United States Cellular IoT Modules Market Analysis
- 4.2 United States Cellular IoT Modules Market Analysis by Component
- 4.3 United States Cellular IoT Modules Market Analysis by Technology
- 4.4 United States Cellular IoT Modules Market Analysis by End Use Industry
- 4.5 United States Cellular IoT Modules Market Analysis by Key Players
Chapter 5. Canada Cellular IoT Modules Market Analysis
- 5.1 Canada Cellular IoT Modules Market Analysis
- 5.2 Canada Cellular IoT Modules Market Analysis by Component
- 5.3 Canada Cellular IoT Modules Market Analysis by Technology
- 5.4 Canada Cellular IoT Modules Market Analysis by End Use Industry
- 5.5 Canada Cellular IoT Modules Market Analysis by Key Players
Chapter 6. Mexico Cellular IoT Modules Market Analysis
- 6.1 Mexico Cellular IoT Modules Market Analysis
- 6.2 Mexico Cellular IoT Modules Market Analysis by Component
- 6.3 Mexico Cellular IoT Modules Market Analysis by Technology
- 6.4 Mexico Cellular IoT Modules Market Analysis by End Use Industry
- 6.5 Mexico Cellular IoT Modules Market Analysis by Key Players
Chapter 7. Component Analysis
- 7.1 Hardware
- 7.2 Software
Chapter 8. Technology Analysis
- 8.1 2G
- 8.2 3G
- 8.3 4G
- 8.4 LTE-M
- 8.5 NB-LTE-M
- 8.6 NB-IoT
- 8.7 5G
Chapter 9. End Use Industry Analysis
- 9.1 Agriculture
- 9.2 Healthcare
- 9.3 Retail
- 9.4 Energy
- 9.5 Automotive & Transportation
- 9.6 Infrastructure
- 9.7 Others
Chapter 10. Qualitative Analysis (Subject to Data Availability)
- 10.1 Market Drivers
- 10.2 Market Restraints
- 10.3 Market Trends
- 10.4 Market Opportunity
- 10.5 Technological Road Map (Subject to Data Availability)
- 10.6 Product Life Cycle (Subject to Data Availability)
- 10.7 Customer and Buyer Behavior Analysis
- 10.7.1 Digital Engagement, Customer Experience & Relationship Analysis
- 10.7.2 Customer Buying Behavior & Purchase Decision Analysis
- 10.7.3 Vendor Selection, Supplier Preferences & Future Demand Trends
- 10.7.4 Pricing, Affordability & Value Perception Analysis
- 10.7.5 Customer Segmentation & Demand Pattern Analysis
- 10.8 Industrial Chain Analysis (Subject to Data Availability)
- 10.8.1 Industry Chain Analysis
- 10.8.2 Manufacturing Cost Analysis
- 10.8.3 Supply Side Analysis
- 10.8.3.1 Raw Material Analysis
- 10.8.3.2 Raw Material Procurement Analysis
- 10.8.3.3 Raw Material Price Trend Analysis
- 10.9 PESTEL Analysis
- 10.9.1 Environmental Factors
- 10.9.2 Legal Factors
- 10.9.3 Technological Factors
- 10.9.4 Economic Factors
- 10.9.5 Political Factors
- 10.9.6 Social Factors
- 10.10 Porter’s Five Forces Analysis
- 10.10.1 Degree of Competition
- 10.10.2 Threat of Substitutes
- 10.10.3 Threat of New Entrants
- 10.10.4 Bargaining Power of Buyers
- 10.10.5 Bargaining Power of Suppliers
- 10.11 Patent Analysis (Subject to Data Availability)
- 10.12 ESG Analysis
- 10.13 Geopolitical Outlook
- 10.13.1 Global Power Realignment & Strategic Alliances
- 10.13.2 Geopolitical Risk Landscape & Conflict Hotspots
- 10.13.3 International Trade Relations & Market Access Environment
- 10.13.4 Regulatory & Policy Shifts Impacting Cross-Border Operations
- 10.13.5 Supply Chain Resilience, Localization & Resource Nationalism
- 10.13.6 Technology Sovereignty & Digital Geopolitics
- 10.13.7 Strategic Implications for Investment, Growth & Market Entry
- 10.14 AI & Market Transformation
- 10.14.1 Competitive Landscape Disruption & Strategic Shifts
- 10.14.2 AI-Driven Transformation of Industry Value Chain
- 10.14.3 Evolution of Business Models & Revenue Streams
- 10.14.4 AI-Driven Product, Service & Innovation Transformation
- 10.14.5 Customer Behavior, AI Adoption & Future Market Evolution
Chapter 11. Research Findings
- 11.1 Key Takeaways
- 11.2 Analyst Point of View
- 11.3 Assumptions and Acronyms
Chapter 12. Research Methodology and Sources
- 12.1 Primary Data Collection
- 12.1.1 Steps for Primary Data Collection
- 12.1.1.1 Identification of KOL
- 12.1.2 Backward Integration
- 12.1.3 Forward Integration
- 12.1.4 How Primary Research Help Us
- 12.1.5 Modes of Primary Research
- 12.1.1 Steps for Primary Data Collection
- 12.2 Secondary Research
- 12.2.1 How Secondary Research Help Us
- 12.2.2 Sources of Secondary Research
- 12.3 Data Validation
- 12.3.1 Data Triangulation
- 12.4 Data Representation
- 12.1 Primary Data Collection
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Direct interviews with 50+ industry stakeholders including manufacturers, distributors, end-users, and regulatory bodies across all six regions.
Secondary Data Triangulation
Cross-referencing against trade databases, customs records, financial filings, patent databases, and verified industry publications.
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