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The Cellular IoT and LPWA Chipset and Module Market (10th Edition) | Industry Forecast to Reach 1.32 Billion Annual Module Shipments by 2030
GlobeNewswire Inc.·
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.
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