Cellular IoT module chipset shipments grew 35 percent during the first quarter this year, reports Counterpoint Research.
Qualcomm leads the global cellular IoT module chipset market with 42 percent share and 30 percent growth across nine out of the 10 key regions globally.
China is the key region for cellular IoT module chipset consumption during the quarter,
PC, router/CPE and industrial were the top three applications for 5G.
“Qualcomm, UNISOC and ASR held the top three positions in the global cellular IoT module chipset market in Q1 2022, accounting for nearly 75 per cent of the total shipments,” said research analyst Anish Khajuria.
Qualcomm has been broadening its IoT chipset portfolio, targeting premium 4G and 5G solutions for verticals such as retail, automotive, industrial robotics and smart cities.
Qualcomm has partnered with industry application and technology providers, including Microsoft, ZTE, BMW and Bosch, to focus on high-value artificial intelligence and 5G IoT capabilities, also termed as the 5G AIoT segment.