IoT Module Chipset Market Led By Qualcomm

As per reports, the global cellular IoT module chipset shipments grew 35% YoY in Q1 2022. The top 5 applications they were used for are the smart metres, POS, industrial, automotive and telematics. In terms of geographical location, 75% of the volume was accounted for by China, North America and Western Europe.

One-third of the IoT module chipset shipments are the 4G (Cat 1 and Cat 1 bis).

Leading with a 30% YoY growth, Qualcomm has broadcasted its IoT chipset portfolio, followed by UNISOC, with a 26% share. ASR Microelectronics maintains its third rank, as China continues to be its key market. 

MediaTek takes the fourth position in the market. , while Eigencomm registers the highest growth of 869% YoY during Q1 2022.