Quectel was the leading vendor for cellular IoT modules worldwide in regards to revenue in the fourth quarter of 2021 with a market share of **** percent. No other vendor had a market share of ** percent or more with *** vendors' market share falling in the 5-10 percent range.
Automotive, router/CPE, industrial, personal computers, and point of sales systems are the major use cases and applications for cellular IoT modules.
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Counterpoint Research. (March 31, 2022). Share of global cellular IoT module revenue from the first quarter 2021 to the fourth quarter of 2021, by vendor [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 18, 2026, from /statistics/787761/global-cellular-iot-module-revenue-share/
Counterpoint Research. "Share of global cellular IoT module revenue from the first quarter 2021 to the fourth quarter of 2021, by vendor." Chart. March 31, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 18, 2026. /statistics/787761/global-cellular-iot-module-revenue-share/
Counterpoint Research. (2022). Share of global cellular IoT module revenue from the first quarter 2021 to the fourth quarter of 2021, by vendor. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 18, 2026. /statistics/787761/global-cellular-iot-module-revenue-share/
Counterpoint Research. "Share of Global Cellular Iot Module Revenue from The First Quarter 2021 to The Fourth Quarter of 2021, by Vendor." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Mar 2022, /statistics/787761/global-cellular-iot-module-revenue-share/
Counterpoint Research, Share of global cellular IoT module revenue from the first quarter 2021 to the fourth quarter of 2021, by vendor ÌÇÐÄÆƽâ°æ, /statistics/787761/global-cellular-iot-module-revenue-share/ (last visited July 18, 2026)
Share of global cellular IoT module revenue from the first quarter 2021 to the fourth quarter of 2021, by vendor [Graph], Counterpoint Research, March 31, 2022. [Online]. Available: /statistics/787761/global-cellular-iot-module-revenue-share/
