The cellular Machine-to-Machine (M2M) and Internet of Things (IoT) module market has reached an annual net worth of over US$2 billion. One of the biggest surprises of 2017 was the great proliferation of 2G shipments thanks to the huge reduction in Average Selling Price (ASP) of this well-commoditized technology. Meanwhile, a disproportionately large share of the module market value was thanks to 4G, which, despite its presently low share of shipments, represents the inevitable future of the cellular IoT business.
You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.