Gothenburg, Sweden. 8 June 2022 – According to a new research report from the IoT analyst firm Berg Insight, annual shipments of cellular IoT modules increased by 39% in 2021 to reach 428 million units. Annual revenues grew faster at 54% to reach US$ 5.3 billion (€4.95 billio), reflecting strong customer demand in a constrained supply environment. Even though the supply shortage likely has caused some inventory build-ups, several vendors have reported continued strong growth in the first quarter of 2022, suggesting that short-term demand remains robust. (more…)
June 9, 2022
Posted by: Shriya Raban
Berg Insight estimates that global cellular IoT module shipments increased by 14% to a new record level of 303 million in 2020. Annual revenues grew slower at 8% to reach US$3.4 billion (€2.79 billion). (more…)
June 10, 2021
Posted by: Anasia D'mello
(Sponsored News) Internet of Things (IoT) bridges the gap between the physical world and the Internet world, making smarter connections possible between machines and everything. No matter for personal use or for diverse vertical industry applications, IoT addresses its significant values in greater convenience, higher efficiency, improved quality of work/production and better utilization of big data. Digital transformation has become the key to business growth, society growth and economic growth, and IoT will be at the center of digital transformation.
January 28, 2021
Posted by: IoT global network