The top five applications – smart meter, automotive, POS, router/CPE and telematics – accounted for over 60% of total cellular IoT module shipments

POS devices and automotive – accounted for about 51% of the market in Q2 2023. India was the only market to register positive shipment growth for the quarter.

With the aim to advance the deployment of 5G in the IoT vertical industries and expand the new market opportunities of 5G technology in the IoT sector, Fibocom has introduced two new 5G wireless modules FG130 and FM130.

With the integration of Gallium Nitride (GaN) technology into its multi-chip module platform, NXP has hit the major industry milestone for 5G energy efficiency.

Cavli Wireless Inc. in partnership with GCT Semiconductor Inc. has recently released C42GM, a single-mode LTE CAT M1/NB1/NB2 (upgradable to Release 14) smart IoT module for asset tracking and automotive solutions.