Global shipments of cellular IoT module chipsets increased 35% (year-on-year) in the first quarter of this year, and Qualcomm led the market with 42% market share and 30% growth in nine out of 10 key regions of the world, according to a new report. Also Read – Processor vs SoC Explained: How Your Smartphone’s CPU Is Different From a Laptop’s CPU
China was the key region for cellular IoT module chipset consumption during the quarter, reports Counterpoint Research. Also Read – Qualcomm Expands Wi-Fi 7 Front-End Modules for PCs, Wearables and Mobiles: Everything You Need to Know
PC, router/CPE and industrial were the three main applications of 5G. Also Read – MediaTek to Rival Qualcomm Snapdragon 8+ Gen 1 with Dimensity 9000 Plus Chipset
“Qualcomm, UNISOC and ASR held the top three positions in the global cellular IoT module chipset market in Q1 2022, accounting for nearly 75% of total shipments,” said research analyst Anish Khajuria.
Qualcomm has expanded its portfolio of IoT chipsets, targeting high-end 4G and 5G solutions for vertical markets such as retail, automotive, industrial robotics and smart cities.
It also collaborates with several industry application and technology vendors, including Microsoft, ZTE, BMW and Bosch, to focus on high-value artificial intelligence and 5G IoT capabilities, also known as 5G AIoT segment, according to the report.
“Competition for cellular modem chipsets is intensifying in the IoT module space with an increasing number of players entering the higher volume LPWA and lower-tier 4G LTE (Cat 1 and Cat 1 bis) segments”, said vice president of research, Neil Shah. .
“However, low-power and less advanced applications will continue to prevail over the next decade and we may see some adoption of SoC-based embedded solutions,” Shah added.
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