Berg Insight has done a major survey among all the cellular IoT gateway vendors and found that the global cellular IoT gateway market was worth approximately US$ 1.44 billion in 2022, an increase of 19 percent from the previous year. Berg Insight estimates that shipments of cellular IoT gateways will grow from 5.6 million units in 2022 at a compound annual growth rate (CAGR) of 10.9 percent to reach 9.5 million units in 2027. The report also includes vendor market shares and market forecasts for the IoT module market. Get up to date on the latest trends from all the main regions with this unique 115 page report.
Highlights from the report:
- Insights from 30 executive interviews with market-leading companies.
- Summary of the M2M/IoT hardware value chain.
- In-depth analysis of market trends and key developments.
- Updated profiles of 31 cellular IoT gateway vendors and 13 module vendors.
- Overview of certifications required for cellular devices.
- Price comparisons between cellular router and gateway vendors.
- Market forecasts lasting until 2027.
Table of Contents
Table of Contents
List of Figures
Executive Summary
1. IoT Networking and Communications
- 1.1. Introduction
- 1.1.1. The IoT technology stack
- 1.2. Routers, gateways and modems
- 1.3. Embedding cellular technology in products and systems
- 1.3.1. Cellular IoT hardware value chain
- 1.3.2. Regulatory, industry, mobile operator and application-specific certifications
- 1.4. Cellular IoT from 2G to 5G
- 1.4.1. 2G/3G mobile networks
- 1.4.2. 4G mobile networks
- 1.4.3. 4G/5G mobile IoT networks (LTE-M and NB-IoT)
- 1.4.4. 5G mobile networks
- 1.4.5. LPWA and satellite technologies
- 1.4.6. Cost comparison for cellular and LPWA technologies
2. Market Forecasts and Trends
- 2.1. Market analysis and forecasts
- 2.1.1. Embedded cellular IoT module vendor market shares
- 2.1.1. Cellular IoT module market analysis and forecasts
- 2.1.3. The cellular router and gateway market and vendor market shares
- 2.1.4. Cellular router and gateway market analysis and forecasts
- 2.2. Market trends
- 2.2.1. Transportation is the largest cellular router end market
- 2.2.2. 5G router shipments are set to accelerate
- 2.2.3. Enterprises adopt 5G/LTE solutions for resilient connectivity
- 2.2.4. Enterprise routers offered as premium options for FWA services
- 2.2.5. Private cellular networks to expand the addressable market for cellular routers
- 2.2.6. Vendors move to employ vertical integration strategies in attractive niches
- 2.2.7. Modular devices enable flexibility and upgradability
- 2.2.8. Cellular router providers experienced strong revenue growth in 2022-2023
- 2.2.9. The cellular router and gateway industry continues its consolidation journey
3. Company Profiles and Strategies
- 3.1. Cellular router and gateway vendors
- 3.1.1. Acksys
- 3.1.2. ADLINK Technology
- 3.1.3. Advantech
- 3.1.4. BEC Technologies
- 3.1.5. Belden
- 3.1.6. Casa Systems
- 3.1.7. Cisco
- 3.1.8. Cradlepoint (Ericsson)
- 3.1.9. Digi International
- 3.1.10. Eurotech
- 3.1.11. Four-Faith Communication Technology
- 3.1.12. HMS Networks
- 3.1.13. Hongdian
- 3.1.14. InHand Networks
- 3.1.15. INSYS Microelectronics
- 3.1.16. Lantronix
- 3.1.17. MC Technologies
- 3.1.18. Milesight
- 3.1.19. Moxa
- 3.1.20. MultiTech
- 3.1.21. Option (Crescent)
- 3.1.22. Peplink
- 3.1.23. Queclink Wireless Solutions
- 3.1.24. RAD
- 3.1.25. Red Lion
- 3.1.26. Robustel
- 3.1.27. Sagemcom Dr. Neuhaus
- 3.1.28. Systech Corporation
- 3.1.29. Teltonika Networks
- 3.1.30. Webdyn
- 3.1.31. Westermo (Ependion)
- 3.2. Cellular IoT module vendors
- 3.2.1. China Mobile IoT
- 3.2.2. Fibocom
- 3.2.3. Gosuncn RichLink
- 3.2.4. MeiG Smart Technology
- 3.2.5. Murata
- 3.2.6. Neoway
- 3.2.7. Nordic Semiconductor
- 3.2.8. Quectel
- 3.2.9. Rolling Wireless (Fibocom)
- 3.2.10. Sierra Wireless (Semtech)
- 3.2.11. Sunsea AIoT (SIMCom & Longsung)
- 3.2.12. Telit Cinterion
- 3.2.13. u-blox
- 3.2.14. Other cellular IoT module vendors
- List of Acronyms and Abbreviations