According to Future Market Insight, the cellular IoT modules market is worth US$ 16.88 Bn in 2023 and US$ 20.83 Bn by 2033. A CAGR of 23.4% is anticipated in the market during the forecast period. It is projected that the rising adoption of 5G technology drives further market expansion. Demand for cellular IoT modules is expected to …
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Cellular IoT Module Market to Surge at 23.4% CAGR, Reaching US$ 20.83 Billion by 2033
According to Future Market Insight, the cellular IoT modules market is worth US$ 16.88 Bn in 2023 and US$ 20.83 Bn by 2033. A CAGR of 23.4% is anticipated in the market during the forecast period. It is projected that the rising adoption of 5G technology drives further market expansion. Demand for cellular IoT modules is expected to …