Internet & Communication

Global IoT Communication Module Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

The global IoT Communication Module market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Quectel
Sunsea Group
Sierra Wireless
Telit
Gemalto
Fibocom
U-Blox
Neoway Technology
Gosuncn
Huawei
LG Innotek
Nanjing Zhongxing IoT Technology
By Type: (Dominant Segment vs High-Margin Innovation)
Cellular Communication Module
Non-cellular Communication Module
By Application: (Core Demand Driver vs Emerging Opportunity)
City Service IoT
Consumer IoT
Industrial Internet of Things
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Quectel in Europe)
- Emerging Product Trends: Cellular Communication Module adoption vs. Non-cellular Communication Module premiumization
- Demand-Side Dynamics: City Service IoT growth in China vs. Consumer IoT potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
South Korea
(Additional regions can be customized based on client needs.)
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of IoT Communication Module market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Non-cellular Communication Module in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Consumer IoT in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the IoT Communication Module value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Cellular Communication Module
1.2.3 Non-cellular Communication Module
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 City Service IoT
1.3.3 Consumer IoT
1.3.4 Industrial Internet of Things
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT Communication Module Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global IoT Communication Module Revenue Market Share by Region (2020-2025)
2.4 Global IoT Communication Module Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America IoT Communication Module Market Size and Prospective (2020-2031)
2.5.2 Europe IoT Communication Module Market Size and Prospective (2020-2031)
2.5.3 China IoT Communication Module Market Size and Prospective (2020-2031)
2.5.4 South Korea IoT Communication Module Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global IoT Communication Module Historic Market Size by Type (2020-2025)
3.2 Global IoT Communication Module Forecasted Market Size by Type (2026-2031)
3.3 Different Types IoT Communication Module Representative Players
4 Breakdown Data by Application
4.1 Global IoT Communication Module Historic Market Size by Application (2020-2025)
4.2 Global IoT Communication Module Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in IoT Communication Module Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top IoT Communication Module Players by Revenue (2020-2025)
5.1.2 Global IoT Communication Module Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by IoT Communication Module Revenue
5.4 Global IoT Communication Module Market Concentration Analysis
5.4.1 Global IoT Communication Module Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by IoT Communication Module Revenue in 2024
5.5 Global Key Players of IoT Communication Module Head office and Area Served
5.6 Global Key Players of IoT Communication Module, Product and Application
5.7 Global Key Players of IoT Communication Module, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America IoT Communication Module Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America IoT Communication Module Market Size by Type (2020-2025)
6.1.2.2 North America IoT Communication Module Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America IoT Communication Module Market Size by Application (2020-2025)
6.1.3.2 North America IoT Communication Module Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe IoT Communication Module Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe IoT Communication Module Market Size by Type (2020-2025)
6.2.2.2 Europe IoT Communication Module Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe IoT Communication Module Market Size by Application (2020-2025)
6.2.3.2 Europe IoT Communication Module Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China IoT Communication Module Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China IoT Communication Module Market Size by Type (2020-2025)
6.3.2.2 China IoT Communication Module Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China IoT Communication Module Market Size by Application (2020-2025)
6.3.3.2 China IoT Communication Module Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 South Korea Market: Players, Segments and Downstream
6.4.1 South Korea IoT Communication Module Revenue by Company (2020-2025)
6.4.2 South Korea Market Size by Type
6.4.2.1 South Korea IoT Communication Module Market Size by Type (2020-2025)
6.4.2.2 South Korea IoT Communication Module Market Share by Type (2020-2025)
6.4.3 South Korea Market Size by Application
6.4.3.1 South Korea IoT Communication Module Market Size by Application (2020-2025)
6.4.3.2 South Korea IoT Communication Module Market Share by Application (2020-2025)
6.4.4 South Korea Market Trend and Opportunities
7 Key Players Profiles
7.1 Quectel
7.1.1 Quectel Company Details
7.1.2 Quectel Business Overview
7.1.3 Quectel IoT Communication Module Introduction
7.1.4 Quectel Revenue in IoT Communication Module Business (2020-2025)
7.1.5 Quectel Recent Development
7.2 Sunsea Group
7.2.1 Sunsea Group Company Details
7.2.2 Sunsea Group Business Overview
7.2.3 Sunsea Group IoT Communication Module Introduction
7.2.4 Sunsea Group Revenue in IoT Communication Module Business (2020-2025)
7.2.5 Sunsea Group Recent Development
7.3 Sierra Wireless
7.3.1 Sierra Wireless Company Details
7.3.2 Sierra Wireless Business Overview
7.3.3 Sierra Wireless IoT Communication Module Introduction
7.3.4 Sierra Wireless Revenue in IoT Communication Module Business (2020-2025)
7.3.5 Sierra Wireless Recent Development
7.4 Telit
7.4.1 Telit Company Details
7.4.2 Telit Business Overview
7.4.3 Telit IoT Communication Module Introduction
7.4.4 Telit Revenue in IoT Communication Module Business (2020-2025)
7.4.5 Telit Recent Development
7.5 Gemalto
7.5.1 Gemalto Company Details
7.5.2 Gemalto Business Overview
7.5.3 Gemalto IoT Communication Module Introduction
7.5.4 Gemalto Revenue in IoT Communication Module Business (2020-2025)
7.5.5 Gemalto Recent Development
7.6 Fibocom
7.6.1 Fibocom Company Details
7.6.2 Fibocom Business Overview
7.6.3 Fibocom IoT Communication Module Introduction
7.6.4 Fibocom Revenue in IoT Communication Module Business (2020-2025)
7.6.5 Fibocom Recent Development
7.7 U-Blox
7.7.1 U-Blox Company Details
7.7.2 U-Blox Business Overview
7.7.3 U-Blox IoT Communication Module Introduction
7.7.4 U-Blox Revenue in IoT Communication Module Business (2020-2025)
7.7.5 U-Blox Recent Development
7.8 Neoway Technology
7.8.1 Neoway Technology Company Details
7.8.2 Neoway Technology Business Overview
7.8.3 Neoway Technology IoT Communication Module Introduction
7.8.4 Neoway Technology Revenue in IoT Communication Module Business (2020-2025)
7.8.5 Neoway Technology Recent Development
7.9 Gosuncn
7.9.1 Gosuncn Company Details
7.9.2 Gosuncn Business Overview
7.9.3 Gosuncn IoT Communication Module Introduction
7.9.4 Gosuncn Revenue in IoT Communication Module Business (2020-2025)
7.9.5 Gosuncn Recent Development
7.10 Huawei
7.10.1 Huawei Company Details
7.10.2 Huawei Business Overview
7.10.3 Huawei IoT Communication Module Introduction
7.10.4 Huawei Revenue in IoT Communication Module Business (2020-2025)
7.10.5 Huawei Recent Development
7.11 LG Innotek
7.11.1 LG Innotek Company Details
7.11.2 LG Innotek Business Overview
7.11.3 LG Innotek IoT Communication Module Introduction
7.11.4 LG Innotek Revenue in IoT Communication Module Business (2020-2025)
7.11.5 LG Innotek Recent Development
7.12 Nanjing Zhongxing IoT Technology
7.12.1 Nanjing Zhongxing IoT Technology Company Details
7.12.2 Nanjing Zhongxing IoT Technology Business Overview
7.12.3 Nanjing Zhongxing IoT Technology IoT Communication Module Introduction
7.12.4 Nanjing Zhongxing IoT Technology Revenue in IoT Communication Module Business (2020-2025)
7.12.5 Nanjing Zhongxing IoT Technology Recent Development
8 IoT Communication Module Market Dynamics
8.1 IoT Communication Module Industry Trends
8.2 IoT Communication Module Market Drivers
8.3 IoT Communication Module Market Challenges
8.4 IoT Communication Module Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
Table 1. Global IoT Communication Module Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global IoT Communication Module Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market IoT Communication Module Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global IoT Communication Module Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global IoT Communication Module Revenue Share by Region (2020-2025)
Table 6. Global IoT Communication Module Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global IoT Communication Module Revenue Share Forecast by Region (2026-2031)
Table 8. Global IoT Communication Module Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global IoT Communication Module Revenue Market Share by Type (2020-2025)
Table 10. Global IoT Communication Module Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global IoT Communication Module Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global IoT Communication Module Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global IoT Communication Module Revenue Market Share by Application (2020-2025)
Table 15. Global IoT Communication Module Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global IoT Communication Module Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in IoT Communication Module Application
Table 18. Global IoT Communication Module Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global IoT Communication Module Market Share by Players (2020-2025)
Table 20. Global Top IoT Communication Module Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IoT Communication Module as of 2024)
Table 21. Ranking of Global Top IoT Communication Module Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by IoT Communication Module Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of IoT Communication Module, Headquarters and Area Served
Table 24. Global Key Players of IoT Communication Module, Product and Application
Table 25. Global Key Players of IoT Communication Module, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America IoT Communication Module Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America IoT Communication Module Revenue Market Share by Company (2020-2025)
Table 29. North America IoT Communication Module Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America IoT Communication Module Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe IoT Communication Module Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe IoT Communication Module Revenue Market Share by Company (2020-2025)
Table 33. Europe IoT Communication Module Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe IoT Communication Module Market Size by Application (2020-2025) & (US$ Million)
Table 35. China IoT Communication Module Revenue by Company (2020-2025) & (US$ Million)
Table 36. China IoT Communication Module Revenue Market Share by Company (2020-2025)
Table 37. China IoT Communication Module Market Size by Type (2020-2025) & (US$ Million)
Table 38. China IoT Communication Module Market Size by Application (2020-2025) & (US$ Million)
Table 39. South Korea IoT Communication Module Revenue by Company (2020-2025) & (US$ Million)
Table 40. South Korea IoT Communication Module Revenue Market Share by Company (2020-2025)
Table 41. South Korea IoT Communication Module Market Size by Type (2020-2025) & (US$ Million)
Table 42. South Korea IoT Communication Module Market Size by Application (2020-2025) & (US$ Million)
Table 43. Quectel Company Details
Table 44. Quectel Business Overview
Table 45. Quectel IoT Communication Module Product
Table 46. Quectel Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 47. Quectel Recent Development
Table 48. Sunsea Group Company Details
Table 49. Sunsea Group Business Overview
Table 50. Sunsea Group IoT Communication Module Product
Table 51. Sunsea Group Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 52. Sunsea Group Recent Development
Table 53. Sierra Wireless Company Details
Table 54. Sierra Wireless Business Overview
Table 55. Sierra Wireless IoT Communication Module Product
Table 56. Sierra Wireless Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 57. Sierra Wireless Recent Development
Table 58. Telit Company Details
Table 59. Telit Business Overview
Table 60. Telit IoT Communication Module Product
Table 61. Telit Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 62. Telit Recent Development
Table 63. Gemalto Company Details
Table 64. Gemalto Business Overview
Table 65. Gemalto IoT Communication Module Product
Table 66. Gemalto Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 67. Gemalto Recent Development
Table 68. Fibocom Company Details
Table 69. Fibocom Business Overview
Table 70. Fibocom IoT Communication Module Product
Table 71. Fibocom Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 72. Fibocom Recent Development
Table 73. U-Blox Company Details
Table 74. U-Blox Business Overview
Table 75. U-Blox IoT Communication Module Product
Table 76. U-Blox Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 77. U-Blox Recent Development
Table 78. Neoway Technology Company Details
Table 79. Neoway Technology Business Overview
Table 80. Neoway Technology IoT Communication Module Product
Table 81. Neoway Technology Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 82. Neoway Technology Recent Development
Table 83. Gosuncn Company Details
Table 84. Gosuncn Business Overview
Table 85. Gosuncn IoT Communication Module Product
Table 86. Gosuncn Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 87. Gosuncn Recent Development
Table 88. Huawei Company Details
Table 89. Huawei Business Overview
Table 90. Huawei IoT Communication Module Product
Table 91. Huawei Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 92. Huawei Recent Development
Table 93. LG Innotek Company Details
Table 94. LG Innotek Business Overview
Table 95. LG Innotek IoT Communication Module Product
Table 96. LG Innotek Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 97. LG Innotek Recent Development
Table 98. Nanjing Zhongxing IoT Technology Company Details
Table 99. Nanjing Zhongxing IoT Technology Business Overview
Table 100. Nanjing Zhongxing IoT Technology IoT Communication Module Product
Table 101. Nanjing Zhongxing IoT Technology Revenue in IoT Communication Module Business (2020-2025) & (US$ Million)
Table 102. Nanjing Zhongxing IoT Technology Recent Development
Table 103. IoT Communication Module Market Trends
Table 104. IoT Communication Module Market Drivers
Table 105. IoT Communication Module Market Challenges
Table 106. IoT Communication Module Market Restraints
Table 107. Research Programs/Design for This Report
Table 108. Key Data Information from Secondary Sources
Table 109. Key Data Information from Primary Sources


List of Figures
Figure 1. IoT Communication Module Product Picture
Figure 2. Global IoT Communication Module Market Share by Type: 2024 VS 2031
Figure 3. Cellular Communication Module Features
Figure 4. Non-cellular Communication Module Features
Figure 5. Global IoT Communication Module Market Share by Application: 2024 VS 2031
Figure 6. City Service IoT
Figure 7. Consumer IoT
Figure 8. Industrial Internet of Things
Figure 9. Others
Figure 10. IoT Communication Module Report Years Considered
Figure 11. Global IoT Communication Module Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 12. Global IoT Communication Module Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global IoT Communication Module Revenue Market Share by Region: 2020 VS 2024
Figure 14. North America IoT Communication Module Revenue (US$ Million) Growth Rate (2020-2031)
Figure 15. Europe IoT Communication Module Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. China IoT Communication Module Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. South Korea IoT Communication Module Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Global IoT Communication Module Market Share by Players in 2024
Figure 19. Global Top IoT Communication Module Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IoT Communication Module as of 2024)
Figure 20. The Top 10 and 5 Players Market Share by IoT Communication Module Revenue in 2024
Figure 21. North America IoT Communication Module Market Share by Type (2020-2025)
Figure 22. North America IoT Communication Module Market Share by Application (2020-2025)
Figure 23. Europe IoT Communication Module Market Share by Type (2020-2025)
Figure 24. Europe IoT Communication Module Market Share by Application (2020-2025)
Figure 25. China IoT Communication Module Market Share by Type (2020-2025)
Figure 26. China IoT Communication Module Market Share by Application (2020-2025)
Figure 27. South Korea IoT Communication Module Market Share by Type (2020-2025)
Figure 28. South Korea IoT Communication Module Market Share by Application (2020-2025)
Figure 29. Quectel Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 30. Sunsea Group Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 31. Sierra Wireless Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 32. Telit Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 33. Gemalto Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 34. Fibocom Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 35. U-Blox Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 36. Neoway Technology Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 37. Gosuncn Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 38. Huawei Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 39. LG Innotek Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 40. Nanjing Zhongxing IoT Technology Revenue Growth Rate in IoT Communication Module Business (2020-2025)
Figure 41. Bottom-up and Top-down Approaches for This Report
Figure 42. Data Triangulation
Figure 43. Key Executives Interviewed
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