The Cellular IoT and LPWA Chipset and Module Market (10th Edition) | Industry Forecast to Reach 1.32 Billion Annual Module Shipments by 2030
Global demand for IoT wide area networking technology is entering sustained growth, with annual shipments of cellular and non-3GPP LPWA IoT modules forecast to increase from 909 million units in 2025 to 1.32 billion units in 2030, representing a 7.7% CAGR. The market is driven by expanding connected device deployments and adoption of 5G eMBB, RedCap, eRedCap, NB-IoT, LTE-M, LoRa, and Sigfox technologies across multiple vertical markets and regions.
Read original at globenewswire-inc