2018 Was a Record-Breaking US$3 Billion Year for Cellular IoT Module Vendors

by Jamie Moss | 3Q 2019 | IN-5577
Annual revenues increased one and a half times faster than shipments to exceed the US$3 billion mark worldwide. The most important growth in 2018 came from 4G, which accounted for 40% of all cellular modules shipped, while vendors in China are now shipping twice as many modules as historic market leaders Gemalto, Sierra Wireless, and Telit.

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