Selected research
Industry Growth & Trends
Global LTE Cat M1 and NB-IoT Wireless Module Industry Growth and Trends Forecast to 2032
Market perspective
The global LTE Cat M1 and NB-IoT Wireless Module market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for LTE Cat M1 and NB-IoT Wireless Module is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for LTE Cat M1 and NB-IoT Wireless Module is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for LTE Cat M1 and NB-IoT Wireless Module is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of LTE Cat M1 and NB-IoT Wireless Module include Murata Manufacturing, Taiyo Yuden, Simcom, Sierra Wireless, Telit Communication, U-blox, Quectel Wireless Solutions and Gemalto, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global LTE Cat M1 and NB-IoT Wireless Module market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The LTE Cat M1 and NB-IoT Wireless Module market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global LTE Cat M1 and NB-IoT Wireless Module market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to LTE Cat M1 and NB-IoT Wireless Module.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global LTE Cat M1 and NB-IoT Wireless Module market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
LTE Cat M1 and NB-IoT Wireless Module Market by Company
Murata Manufacturing
Taiyo Yuden
Simcom
Sierra Wireless
Telit Communication
U-blox
Quectel Wireless Solutions
Gemalto
LTE Cat M1 and NB-IoT Wireless Module Segment by Type
LTE Cat M1 & NB-IoT
NB-IoT Only
LTE Cat M1 and NB-IoT Wireless Module Segment by Application
Smart Home Appliance
Wearable Devices
Smart Metering
Alarms & Event Detectors
Logistic Tracking
Smart Agriculture
Shared & Rental Bikes
Others
LTE Cat M1 and NB-IoT Wireless Module Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LTE Cat M1 and NB-IoT Wireless Module market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of LTE Cat M1 and NB-IoT Wireless Module and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LTE Cat M1 and NB-IoT Wireless Module.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of LTE Cat M1 and NB-IoT Wireless Module manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of LTE Cat M1 and NB-IoT Wireless Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- LTE Cat M1 & NB-IoT
- NB-IoT Only
Applications
- Smart Home Appliance
- Wearable Devices
- Smart Metering
- Alarms & Event Detectors
- Logistic Tracking
- Smart Agriculture
- Shared & Rental Bikes
- Others
Companies covered
- Murata Manufacturing
- Taiyo Yuden
- Simcom
- Sierra Wireless
- Telit Communication
- U-blox
- Quectel Wireless Solutions
- Gemalto
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global LTE Cat M1 and NB-IoT Wireless Module Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global LTE Cat M1 and NB-IoT Wireless Module Sales Estimates and Forecasts (2021-2032)
- 1.3 LTE Cat M1 and NB-IoT Wireless Module Market by Type
- 1.3.1 LTE Cat M1 & NB-IoT
- 1.3.2 NB-IoT Only
- 1.4 Global LTE Cat M1 and NB-IoT Wireless Module Market Size by Type
- 1.4.1 Global LTE Cat M1 and NB-IoT Wireless Module Market Size Overview by Type (2021-2032)
- 1.4.2 Global LTE Cat M1 and NB-IoT Wireless Module Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global LTE Cat M1 and NB-IoT Wireless Module Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Type (2021-2026)
- 1.5.4 South America LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 LTE Cat M1 and NB-IoT Wireless Module Industry Trends
- 2.2 LTE Cat M1 and NB-IoT Wireless Module Industry Drivers
- 2.3 LTE Cat M1 and NB-IoT Wireless Module Industry Opportunities and Challenges
- 2.4 LTE Cat M1 and NB-IoT Wireless Module Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by LTE Cat M1 and NB-IoT Wireless Module Revenue (2021-2026)
- 3.2 Global Top Players by LTE Cat M1 and NB-IoT Wireless Module Sales (2021-2026)
- 3.3 Global Top Players by LTE Cat M1 and NB-IoT Wireless Module Price (2021-2026)
- 3.4 Global LTE Cat M1 and NB-IoT Wireless Module Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LTE Cat M1 and NB-IoT Wireless Module Major Company Production Sites & Headquarters
- 3.6 Global LTE Cat M1 and NB-IoT Wireless Module Company, Product Type & Application
- 3.7 Global LTE Cat M1 and NB-IoT Wireless Module Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global LTE Cat M1 and NB-IoT Wireless Module Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 LTE Cat M1 and NB-IoT Wireless Module Players Market Share by Revenue in 2025
- 3.8.3 2025 LTE Cat M1 and NB-IoT Wireless Module Tier 1, Tier 2, and Tier 3
4 LTE Cat M1 and NB-IoT Wireless Module Regional Status and Outlook
- 4.1 Global LTE Cat M1 and NB-IoT Wireless Module Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global LTE Cat M1 and NB-IoT Wireless Module Historic Market Size by Region
- 4.2.1 Global LTE Cat M1 and NB-IoT Wireless Module Sales in Volume by Region (2021-2026)
- 4.2.2 Global LTE Cat M1 and NB-IoT Wireless Module Sales in Value by Region (2021-2026)
- 4.2.3 Global LTE Cat M1 and NB-IoT Wireless Module Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global LTE Cat M1 and NB-IoT Wireless Module Forecasted Market Size by Region
- 4.3.1 Global LTE Cat M1 and NB-IoT Wireless Module Sales in Volume by Region (2027-2032)
- 4.3.2 Global LTE Cat M1 and NB-IoT Wireless Module Sales in Value by Region (2027-2032)
- 4.3.3 Global LTE Cat M1 and NB-IoT Wireless Module Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 LTE Cat M1 and NB-IoT Wireless Module by Application
- 5.1 LTE Cat M1 and NB-IoT Wireless Module Market by Application
- 5.1.1 Smart Home Appliance
- 5.1.2 Wearable Devices
- 5.1.3 Smart Metering
- 5.1.4 Alarms & Event Detectors
- 5.1.5 Logistic Tracking
- 5.1.6 Smart Agriculture
- 5.1.7 Shared & Rental Bikes
- 5.1.8 Others
- 5.2 Global LTE Cat M1 and NB-IoT Wireless Module Market Size by Application
- 5.2.1 Global LTE Cat M1 and NB-IoT Wireless Module Market Size Overview by Application (2021-2032)
- 5.2.2 Global LTE Cat M1 and NB-IoT Wireless Module Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global LTE Cat M1 and NB-IoT Wireless Module Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Application (2021-2026)
- 5.3.4 South America LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Murata Manufacturing
- 6.1.1 Murata Manufacturing Company Information
- 6.1.2 Murata Manufacturing Business Overview
- 6.1.3 Murata Manufacturing LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Murata Manufacturing LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.1.5 Murata Manufacturing Recent Developments
- 6.2 Taiyo Yuden
- 6.2.1 Taiyo Yuden Company Information
- 6.2.2 Taiyo Yuden Business Overview
- 6.2.3 Taiyo Yuden LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Taiyo Yuden LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.2.5 Taiyo Yuden Recent Developments
- 6.3 Simcom
- 6.3.1 Simcom Company Information
- 6.3.2 Simcom Business Overview
- 6.3.3 Simcom LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Simcom LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.3.5 Simcom Recent Developments
- 6.4 Sierra Wireless
- 6.4.1 Sierra Wireless Company Information
- 6.4.2 Sierra Wireless Business Overview
- 6.4.3 Sierra Wireless LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Sierra Wireless LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.4.5 Sierra Wireless Recent Developments
- 6.5 Telit Communication
- 6.5.1 Telit Communication Company Information
- 6.5.2 Telit Communication Business Overview
- 6.5.3 Telit Communication LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Telit Communication LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.5.5 Telit Communication Recent Developments
- 6.6 U-blox
- 6.6.1 U-blox Company Information
- 6.6.2 U-blox Business Overview
- 6.6.3 U-blox LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 U-blox LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.6.5 U-blox Recent Developments
- 6.7 Quectel Wireless Solutions
- 6.7.1 Quectel Wireless Solutions Company Information
- 6.7.2 Quectel Wireless Solutions Business Overview
- 6.7.3 Quectel Wireless Solutions LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Quectel Wireless Solutions LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.7.5 Quectel Wireless Solutions Recent Developments
- 6.8 Gemalto
- 6.8.1 Gemalto Company Information
- 6.8.2 Gemalto Business Overview
- 6.8.3 Gemalto LTE Cat M1 and NB-IoT Wireless Module Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Gemalto LTE Cat M1 and NB-IoT Wireless Module Product Portfolio
- 6.8.5 Gemalto Recent Developments
7 North America by Country
- 7.1 North America LTE Cat M1 and NB-IoT Wireless Module Sales by Country
- 7.1.1 North America LTE Cat M1 and NB-IoT Wireless Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America LTE Cat M1 and NB-IoT Wireless Module Sales by Country (2021-2026)
- 7.1.3 North America LTE Cat M1 and NB-IoT Wireless Module Sales Forecast by Country (2027-2032)
- 7.2 North America LTE Cat M1 and NB-IoT Wireless Module Market Size by Country
- 7.2.1 North America LTE Cat M1 and NB-IoT Wireless Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America LTE Cat M1 and NB-IoT Wireless Module Market Size by Country (2021-2026)
- 7.2.3 North America LTE Cat M1 and NB-IoT Wireless Module Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe LTE Cat M1 and NB-IoT Wireless Module Sales by Country
- 8.1.1 Europe LTE Cat M1 and NB-IoT Wireless Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe LTE Cat M1 and NB-IoT Wireless Module Sales by Country (2021-2026)
- 8.1.3 Europe LTE Cat M1 and NB-IoT Wireless Module Sales Forecast by Country (2027-2032)
- 8.2 Europe LTE Cat M1 and NB-IoT Wireless Module Market Size by Country
- 8.2.1 Europe LTE Cat M1 and NB-IoT Wireless Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe LTE Cat M1 and NB-IoT Wireless Module Market Size by Country (2021-2026)
- 8.2.3 Europe LTE Cat M1 and NB-IoT Wireless Module Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales by Country
- 9.1.1 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Market Size by Country
- 9.2.1 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific LTE Cat M1 and NB-IoT Wireless Module Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America LTE Cat M1 and NB-IoT Wireless Module Sales by Country
- 10.1.1 South America LTE Cat M1 and NB-IoT Wireless Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America LTE Cat M1 and NB-IoT Wireless Module Sales by Country (2021-2026)
- 10.1.3 South America LTE Cat M1 and NB-IoT Wireless Module Sales Forecast by Country (2027-2032)
- 10.2 South America LTE Cat M1 and NB-IoT Wireless Module Market Size by Country
- 10.2.1 South America LTE Cat M1 and NB-IoT Wireless Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America LTE Cat M1 and NB-IoT Wireless Module Market Size by Country (2021-2026)
- 10.2.3 South America LTE Cat M1 and NB-IoT Wireless Module Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales by Country
- 11.1.1 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Market Size by Country
- 11.2.1 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa LTE Cat M1 and NB-IoT Wireless Module Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 LTE Cat M1 and NB-IoT Wireless Module Value Chain Analysis
- 12.1.1 LTE Cat M1 and NB-IoT Wireless Module Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 LTE Cat M1 and NB-IoT Wireless Module Production Mode & Process
- 12.2 LTE Cat M1 and NB-IoT Wireless Module Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 LTE Cat M1 and NB-IoT Wireless Module Distributors
- 12.2.3 LTE Cat M1 and NB-IoT Wireless Module Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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