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Insights IoT

Global Cellular IoT module market grew in Q3 2022, despite supply chain constrain in China

Global cellular IoT module shipments grew by only 2% YoY in Q3 2022, according to the latest research from Counterpoint. China’s shipments decreased 8% YoY in this quarter due to a resurgence of COVID-19 cases while other markets such as North America, Western Europe, India, Japan, Latin America, the

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated
Global Cellular IoT module market grew in Q3 2022, despite supply chain constrain in China
Photo by Louis Reed / Unsplash

Global cellular IoT module shipments grew by only 2% YoY in Q3 2022, according to the latest research from Counterpoint.

China’s shipments decreased 8% YoY in this quarter due to a resurgence of COVID-19 cases while other markets such as North America, Western Europe, India, Japan, Latin America, the Middle East and Africa witnessed a healthy growth.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated

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