Market Share of LTE IoT Industry
The LTE IoT market is highly consolidated and consists of several significant players. Regarding market share, some of the major players currently dominate the market. However, with the advancement in the industrial IoT application across multiple end-user industries, new players are increasing their market presence, thereby expanding their business footprint across emerging economies.
- December 2022 - Aeris Communications and Ericsson joined together to create a leader in the fast-growing IoT industry. The combination of Aeris and Ericsson's IoT platforms will offer an unparalleled IoT platform for enterprises and new revenue streams for communication service providers by connecting over 100 million IoT devices worldwide, covering 190 countries, and providing IoT connectivity and software solutions to thousands of enterprises.
- June 2022 - Qualcomm launched a robust roster of cutting-edge IoT solutions by introducing seven new next-generation IoT devices: Qualcomm QCS8250, Qualcomm, QCS6490/ QCM6490, Qualcomm QCS4290/ QCM4290, and the Qualcomm QCS2290/ QCM2290. for key segments including transportation and logistics, warehousing, video collaboration, smart cameras, retail, and healthcare providing a portfolio of solutions to transform industrial and enterprise IoT applications to achieve cutting edge performance and seamless connectivity to drive global digital transformation across industries.
LTE IoT Market Leaders
Qualcomm Technologies, Inc
Gemalto N.V.
u-blox AG
Telefonaktiebolaget LM Ericsson
Cisco Syatem Inc. (Jasper)
*Disclaimer: Major Players sorted in no particular order
