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Survival of the Fittest: Uneven Growth and Vendor Challenges Ahead as 2024's IoT Cellular Module Market Remained Flat

Summary by IoT Business News
Recent reports from global technology intelligence firm ABI Research find that 2024 has proven to be a challenging year for many cellular IoT module vendors. While initial sales have been completed, the full impact won’t be fully understood until April 2025 when annual reports are finalized. It’s possible that the pessimistic outlook for 2024 could worsen further. The market has already witnessed strategic divestitures of resource-intensive prod…
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Survival of the Fittest: Uneven Growth and Vendor Challenges Ahead as 2024's IoT Cellular Module Market Remained Flat

Recent reports from global technology intelligence firm ABI Research find that 2024 has proven to be a challenging year for many cellular IoT module vendors. While initial sales have been completed, the full impact won’t be fully understood until April 2025 when annual reports are finalized. It’s possible that the pessimistic outlook for 2024 could worsen further. The market has already witnessed strategic divestitures of resource-intensive prod…

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IoT Business News broke the news in on Wednesday, February 12, 2025.
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