IANS: Cellular IoT module market hit hard by COVID-19, chip shortage


IANS: Cellular IoT module market hit hard by COVID-19, chip shortage
editor_iot
23/05/2021 – 14:36

“New Delhi: Hit hard by the pandemic, the global market for cellular Internet of Things (IoT) modules declined 8 per cent (on-year) to $3.1 billion in 2020, while a global chip shortage is now affecting 2021 shipment volumes and profit margins, a new report has said. 

According to data provided by IoT Analytics, a leading provider of market insights and competitive intelligence for IoT and Industry 4.0, the global semiconductor shortage had already affected some cellular module companies in Q4 2020.”


Read More