IoT Module Industry Research: The Golden Age of Modules

Cheryl 2023-10-15
iot module manufacturers

With the rapid development of the Internet of Things, the iot module manufacturersmodule ushers in a golden age

Rapid development of the Internet of Things, diversification of terminal applications

The number of simultaneous connections of global IoT technology devices and the growth momentum is very strong, and the global maximum connection density is expected to exceed 30 billion in 2025. According to IoT Analytics data, 2010-2020 global IoT network connections CAGR up to 9%, including IoT system device user connections CAGR up to 31%, rapid growth rate; is expected to 2021-2025 IoT smart devices the highest growth rate of the current number of connections for sustained economic growth, 2025 global IoT teaching devices (including a cellular and non-cellular) number of connected enterprises will be expected to exceed 30 billion.

IoT downstream segmentation has rich and trivial application scenarios, which can generally be divided into consumer IoT and industrial IoT. Demand-side consumer-oriented IoT innovation is highly active, covering large-scale consumer applications such as wearable devices, smart hardware, smart home, connected cars, and healthcare. The supply-side productive IoT is the infrastructure and key elements required for industrial transformation and upgrading, which can be subdivided into productive IoT and smart city IoT. According to GSMA Intelligence, the number of consumer IoT connections will grow 2.5 times from 2017 to 2025, and industrial IoT is expected to grow 4.7 times.

With 5G IoT booming, expected to lead the world by 2025

With the acceleration of 5G commercialization, 5G penetration rate is leading the world and the growth of mobile Internet traffic stimulates the demand for wireless communication modules. 2021, the world will enter a period of 5G scale construction, in which 5G construction speed is significantly faster than the global average and the growth rate of 5G users is also among the world's top. As of October 2021, the scale of 5G users of the three major operators has reached 670 million, with a YoY growth rate of 7.0%, a net increase of 230 million from 340 million in January 2021. The 5G penetration rate has increased to 40.7%. Under the wave of 5G commercialization, cloud computing and IoT are developing rapidly, and emerging industry tracks such as metaverse are gradually becoming the main drivers of rapid mobile Internet traffic growth. According to the Ericsson Mobile Report, 3Q21 global mobile data traffic reached 78 EB months, up 42% year-on-year; in the first three quarters of 2021, mobile Internet traffic totaled 181 billion GB, up 35.3% year-on-year. In the short term, the standard used in the low-speed large connection part of 5G actually continues 4G's NB-IoT and eMTC, and the medium-speed part supports LTE Cat.1, with no global coverage for low and medium-speed 5G; in the long term, streamlined and customized 5G modules can help 5G scale applications.

China's IoT technology industry economic growth rate ranks among the world's leading, leading the development of global IoT-related industry enterprises. According to IDC statistical analysis forecasts, China's IoT market demand scale growth rate in the global environment is in a leading strategic position, 2020-2025 market size CAGR of 13%, higher than the United States, Western Europe and other industries to conduct application research more mature regions. Although Latin America, the Middle East, Africa and Eastern Europe and other regions need to have a higher expected revenue growth rate, but the above-mentioned regions of the Internet of things is still in the beginning stage of work. China's IoT service industry company scale is beginning to show, according to the GSMA forecast, China's IoT financial market transaction scale of about 2 trillion yuan in 2020, and is expected to reach about trillion yuan in 2025, long-term perspective, China is expected to become a leader in the development of the global IoT management industry in the future.


Related Hot Topic

The owner of Google Fi is who?

T-Mobile and US Cellular are used by Google Fi. The mobile phone service offered by Google combines a number of different networks to deliver service. Since T-Mobile and Sprint have merged, the company mostly uses T-Mobile and US Cellular, with US Cellular being more of a midwestern brand. Does 5G figure in?

Can semiconductors be produced in Russia?

Mid-April saw the announcement by Russia of a $38.3 billion plan to increase domestic chip production and self-sufficiency. By the end of the year, Moscow wants to increase production of 90-nanometer process nodes, and by 2030, it wants to design and produce 28-nanometer circuits.

MCM package: what is it?

An electrical package made up of several integrated circuits (ICs) put together into one unit is called a multi-chip module (MCM). An MCM can handle a full function and functions as a single unit.

Taiwan became a semiconductor because of what?

Morris Chang was given the job by the Taiwanese government of growing Taiwan's fledgling semiconductor sector in 1985. By 1987, TSMC's first real fab location was the wafer production facility in Hsinchu, Taiwan.

Label:
RECOMMENDED READING
POPULAR ARTICLES
POPULAR TAGS