Quectel was the leading vendor for IoT modules worldwide in the first quarter of 2023. The company accounted for 37 percent of IoT module shipments. Other companies with at least five percent market share at that time are Fibocom, China Mobile, and Sunsea.
Share of global cellular IoT module shipments by vendor from 2017 to 2023
Characteristic
Quectel Wireless
Fibocom
China Mobile
Sunsea
MEIG
Telit
Thales
neoway
Rolling Wireless
LG
SIMCom Wireless
Sierra Wireless
Gemalto
u-blox
Other
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Counterpoint Research. (July 19, 2023). Share of global cellular IoT module shipments by vendor from 2017 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/
Counterpoint Research. "Share of global cellular IoT module shipments by vendor from 2017 to 2023." Chart. July 19, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/
Counterpoint Research. (2023). Share of global cellular IoT module shipments by vendor from 2017 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/
Counterpoint Research. "Share of Global Cellular Iot Module Shipments by Vendor from 2017 to 2023." Statista, Statista Inc., 19 Jul 2023, https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/
Counterpoint Research, Share of global cellular IoT module shipments by vendor from 2017 to 2023 Statista, https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/ (last visited July 22, 2024)
Share of global cellular IoT module shipments by vendor from 2017 to 2023 [Graph], Counterpoint Research, July 19, 2023. [Online]. Available: https://www.statista.com/statistics/787755/global-cellular-iot-module-shipments-share/