CC Blog Newsletter Product News Tech News

Analyst: Cellular IoT Gateways Lead in 5G IoT Use Cases

IoT market research provider Berg Insight has released new findings about the market for cellular IoT gateways and routers. Close to 3.7 million cellular IoT gateways were shipped globally during 2020, at a total market value of approximately $1.01 billion. Annual sales were flat compared to the previous year, though several major vendors were significantly affected by the COVID-19 pandemic as many projects were delayed or entirely frozen, says the report. Until 2025, annual shipments of cellular IoT gateways are forecasted to grow at a compound annual growth rate (CAGR) of 14 percent to reach 7.2 million at the end of the forecast period. Cellular IoT gateways are standalone devices intended for connecting machines to a cellular network. These include general-purpose cellular gateways, routers and modems that are enclosed in a chassis and have at least one input/output port. Trackers, telematics devices and other specialized devices are excluded from this report.

Cradlepoint, part of Ericsson since late 2020, has consistently managed to grow above the market average and is today the clear leader in the space, says Berg. Other vendors that hold significant market shares are Cisco, Sierra Wireless, Digi International and Teltonika Networks, of which the latter has emerged as the largest vendor in Europe. These five vendors generated more than $500 million in combined annual revenues from the sales of cellular IoT gateways and routers and hold a market share of 56 percent. Other important vendors include MultiTech, Systech, Casa Systems and Lantronix in the US; Robustel, InHand Networks, Peplink and Hongdian in Asia-Pacific; and HMS Networks, Advantech, Matrix Electrónica, Netmodule and Westermo in Europe. The European and Asia Pacific markets are fragmented with a large number of small and medium sized players that generate annual revenues in the range of $3–10 million.

“While an increasing number of businesses already take advantage of the fast deployment time and ease of use of cellular solutions, the trend is expected to accelerate in the 5G era”, said Fredrik Stalbrand, Senior Analyst, Berg Insight. As the cost per GB decreases, 5G solutions will become an increasingly attractive alternative to fixed broadband and over time reach a price level comparable to a fixed broadband subscription. Following the commercial availability of 5G modules in mid-2020, several cellular IoT gateway vendors have introduced devices supporting 5G connectivity in the sub-6 GHz bands. “The first main target application areas are branch and in-vehicle connectivity”, concluded Mr. Stalbrand.

Berg Insight | www.berginsight.com

Keep up-to-date with our FREE Weekly Newsletter!

Don't miss out on upcoming issues of Circuit Cellar.


Note: We’ve made the May 2020 issue of Circuit Cellar available as a free sample issue. In it, you’ll find a rich variety of the kinds of articles and information that exemplify a typical issue of the current magazine.

— ADVERTISMENT—

Advertise Here

Would you like to write for Circuit Cellar? We are always accepting articles/posts from the technical community. Get in touch with us and let's discuss your ideas.

Supporting Companies

Upcoming Events


Copyright © KCK Media Corp.
All Rights Reserved

Copyright © 2021 KCK Media Corp.

Analyst: Cellular IoT Gateways Lead in 5G IoT Use Cases

by Circuit Cellar Staff time to read: 2 min