Global Cellular IoT Module Shipments Decline 28% Sequentially During Q1 2020. However, IoT module shipments based on the Low Power Wireless Access (LPWA) technology increased by 51% during this quarter, offsetting the decline in automotive and other mobility applications. The falling prices, lower power consumption and extended coverage are the major reasons for growing popularity of LPWA modules among other cellular technologies.
Research Associate Anish Khajuria said: “The average price of IoT modules decreased by 12% YoY in Q1 2020. The rising demand for low-cost LPWA modules such as NB-IoT, LTE-M and LTE Cat-1 has been driving the overall IoT module ASP down.”
Vice-President Research Neil Shah noted: “Qualcomm is leading the share of chipset shipments powering the IoT cellular modules. Diversifying product offerings, robust supply chain network, innovation and price competitiveness have helped Qualcomm maintain collaboration with major cellular IoT module players.”
The comprehensive and in-depth ‘Global Cellular IoT Module and Chipset Tracker 2018Q1-2020Q1? report is a part of Counterpoint’s IoT (Internet of Things) Service. The report is available for download here for subscribing clients.