The Asia Pacific Cellular IoT Market would witness market growth of 25.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Cellular IoT Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,755.6 million by 2031. The Japan market is registering a CAGR of 25% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 26.5% during (2024 - 2031).

The healthcare industry benefits greatly from cellular IoT in applications such as remote patient monitoring, telemedicine, and medical asset tracking. Wearable devices and connected medical equipment powered by cellular IoT allow healthcare providers to monitor patient health in real time, even when patients are not in the hospital. This is particularly valuable in managing chronic conditions and elderly care, where continuous monitoring is crucial.
This is transforming retail by improving inventory management, enabling smart shelves, and enhancing customer experiences through connected devices. For instance, RFID tags and beacons connected through cellular IoT can provide real-time information about stock levels, locations, and product movement within the supply chain. This allows retailers to optimize inventory, prevent stockouts, and ensure timely deliveries.
In China, the smart home industry has been growing at an impressive rate of nearly 20 percent annually from 2016 to 2021, with its market value skyrocketing from 260 billion yuan ($36.25 billion) to 580 billion yuan. This trend is expected to continue as Zhejiang province’s smart home sector is projected to reach 500 billion yuan by 2025. This rapid expansion directly impacts this market, as smart homes increasingly rely on IoT devices connected through cellular networks for automation, security, and energy management. Also, in India, the growth of urbanization and smart city initiatives, as part of the Smart Cities Mission, is reshaping the demand for cellular IoT. With India’s urban system housing 11% of the world’s urban population and ongoing efforts to improve the quality of life in 100 smart cities, robust, interconnected solutions are essential. This is vital in enabling smart city infrastructure and supporting areas like traffic management, energy consumption monitoring, public safety, and healthcare services. In conclusion, these factors in China and India present significant opportunities for growth in this market.
Free Valuable Insights: The Global Cellular IoT Market is Predict to reach USD 32.56 Billion by 2031, at a CAGR of 25.1%
Based on End Use, the market is segmented into Automotive & Transportation, Healthcare, Agriculture, Consumer Electronics, Energy, Smart Cities, Environment Monitoring, Retail, and Other End Use. Based on Component, the market is segmented into Hardware and Software. Based on Technology, the market is segmented into 4G, 5G, 3G, and 2G. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Cisco Systems, Inc.
- Semtech Corporation
- Microsoft Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- AT&T Inc.
- Ericsson AB
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Vodafone Group Plc
- PTC Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
Asia Pacific Cellular IoT Market Report Segmentation
By End Use
- Automotive & Transportation
- Healthcare
- Agriculture
- Consumer Electronics
- Energy
- Smart Cities
- Environment Monitoring
- Retail
- Other End Use
By Component
By Technology
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cellular IoT Market, by End Use
1.4.2 Asia Pacific Cellular IoT Market, by Component
1.4.3 Asia Pacific Cellular IoT Market, by Technology
1.4.4 Asia Pacific Cellular IoT Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2022, Sep – 2024, Dec) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Cellular IoT Market by End Use
5.1 Asia Pacific Automotive & Transportation Market by Country
5.2 Asia Pacific Healthcare Market by Country
5.3 Asia Pacific Agriculture Market by Country
5.4 Asia Pacific Consumer Electronics Market by Country
5.5 Asia Pacific Energy Market by Country
5.6 Asia Pacific Smart Cities Market by Country
5.7 Asia Pacific Environment Monitoring Market by Country
5.8 Asia Pacific Retail Market by Country
5.9 Asia Pacific Other End Use Market by Country
Chapter 6. Asia Pacific Cellular IoT Market by Component
6.1 Asia Pacific Hardware Market by Country
6.2 Asia Pacific Software Market by Country
Chapter 7. Asia Pacific Cellular IoT Market by Technology
7.1 Asia Pacific 4G Market by Country
7.2 Asia Pacific 5G Market by Country
7.3 Asia Pacific 3G Market by Country
7.4 Asia Pacific 2G Market by Country
Chapter 8. Asia Pacific Cellular IoT Market by Country
8.1 China Cellular IoT Market
8.1.1 China Cellular IoT Market by End Use
8.1.2 China Cellular IoT Market by Component
8.1.3 China Cellular IoT Market by Technology
8.2 Japan Cellular IoT Market
8.2.1 Japan Cellular IoT Market by End Use
8.2.2 Japan Cellular IoT Market by Component
8.2.3 Japan Cellular IoT Market by Technology
8.3 India Cellular IoT Market
8.3.1 India Cellular IoT Market by End Use
8.3.2 India Cellular IoT Market by Component
8.3.3 India Cellular IoT Market by Technology
8.4 South Korea Cellular IoT Market
8.4.1 South Korea Cellular IoT Market by End Use
8.4.2 South Korea Cellular IoT Market by Component
8.4.3 South Korea Cellular IoT Market by Technology
8.5 Singapore Cellular IoT Market
8.5.1 Singapore Cellular IoT Market by End Use
8.5.2 Singapore Cellular IoT Market by Component
8.5.3 Singapore Cellular IoT Market by Technology
8.6 Malaysia Cellular IoT Market
8.6.1 Malaysia Cellular IoT Market by End Use
8.6.2 Malaysia Cellular IoT Market by Component
8.6.3 Malaysia Cellular IoT Market by Technology
8.7 Rest of Asia Pacific Cellular IoT Market
8.7.1 Rest of Asia Pacific Cellular IoT Market by End Use
8.7.2 Rest of Asia Pacific Cellular IoT Market by Component
8.7.3 Rest of Asia Pacific Cellular IoT Market by Technology
Chapter 9. Company Profiles
9.1 Cisco Systems, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Semtech Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Product Development and Engineering expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 AT&T, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Ericsson AB
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Vodafone Group Plc
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Product Launches and Product Expansions:
9.9 PTC, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Samsung Electronics Co., Ltd. (Samsung Group)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.5.3 Acquisition and Mergers:
9.10.6 SWOT Analysis
TABLE 1 Asia Pacific Cellular IoT Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Cellular IoT Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cellular IoT Market
TABLE 4 Product Launches And Product Expansions– Cellular IoT Market
TABLE 5 Acquisition and Mergers– Cellular IoT Market
TABLE 6 Asia Pacific Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 7 Asia Pacific Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 8 Asia Pacific Automotive & Transportation Market by Country, 2020 - 2023, USD Million
TABLE 9 Asia Pacific Automotive & Transportation Market by Country, 2024 - 2031, USD Million
TABLE 10 Asia Pacific Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 11 Asia Pacific Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 12 Asia Pacific Agriculture Market by Country, 2020 - 2023, USD Million
TABLE 13 Asia Pacific Agriculture Market by Country, 2024 - 2031, USD Million
TABLE 14 Asia Pacific Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 15 Asia Pacific Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 16 Asia Pacific Energy Market by Country, 2020 - 2023, USD Million
TABLE 17 Asia Pacific Energy Market by Country, 2024 - 2031, USD Million
TABLE 18 Asia Pacific Smart Cities Market by Country, 2020 - 2023, USD Million
TABLE 19 Asia Pacific Smart Cities Market by Country, 2024 - 2031, USD Million
TABLE 20 Asia Pacific Environment Monitoring Market by Country, 2020 - 2023, USD Million
TABLE 21 Asia Pacific Environment Monitoring Market by Country, 2024 - 2031, USD Million
TABLE 22 Asia Pacific Retail Market by Country, 2020 - 2023, USD Million
TABLE 23 Asia Pacific Retail Market by Country, 2024 - 2031, USD Million
TABLE 24 Asia Pacific Other End Use Market by Country, 2020 - 2023, USD Million
TABLE 25 Asia Pacific Other End Use Market by Country, 2024 - 2031, USD Million
TABLE 26 Asia Pacific Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 27 Asia Pacific Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 28 Asia Pacific Hardware Market by Country, 2020 - 2023, USD Million
TABLE 29 Asia Pacific Hardware Market by Country, 2024 - 2031, USD Million
TABLE 30 Asia Pacific Software Market by Country, 2020 - 2023, USD Million
TABLE 31 Asia Pacific Software Market by Country, 2024 - 2031, USD Million
TABLE 32 Asia Pacific Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 33 Asia Pacific Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 34 Asia Pacific 4G Market by Country, 2020 - 2023, USD Million
TABLE 35 Asia Pacific 4G Market by Country, 2024 - 2031, USD Million
TABLE 36 Asia Pacific 5G Market by Country, 2020 - 2023, USD Million
TABLE 37 Asia Pacific 5G Market by Country, 2024 - 2031, USD Million
TABLE 38 Asia Pacific 3G Market by Country, 2020 - 2023, USD Million
TABLE 39 Asia Pacific 3G Market by Country, 2024 - 2031, USD Million
TABLE 40 Asia Pacific 2G Market by Country, 2020 - 2023, USD Million
TABLE 41 Asia Pacific 2G Market by Country, 2024 - 2031, USD Million
TABLE 42 Asia Pacific Cellular IoT Market by Country, 2020 - 2023, USD Million
TABLE 43 Asia Pacific Cellular IoT Market by Country, 2024 - 2031, USD Million
TABLE 44 China Cellular IoT Market, 2020 - 2023, USD Million
TABLE 45 China Cellular IoT Market, 2024 - 2031, USD Million
TABLE 46 China Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 47 China Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 48 China Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 49 China Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 50 China Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 51 China Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 52 Japan Cellular IoT Market, 2020 - 2023, USD Million
TABLE 53 Japan Cellular IoT Market, 2024 - 2031, USD Million
TABLE 54 Japan Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 55 Japan Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 56 Japan Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 57 Japan Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 58 Japan Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 59 Japan Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 60 India Cellular IoT Market, 2020 - 2023, USD Million
TABLE 61 India Cellular IoT Market, 2024 - 2031, USD Million
TABLE 62 India Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 63 India Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 64 India Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 65 India Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 66 India Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 67 India Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 68 South Korea Cellular IoT Market, 2020 - 2023, USD Million
TABLE 69 South Korea Cellular IoT Market, 2024 - 2031, USD Million
TABLE 70 South Korea Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 71 South Korea Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 72 South Korea Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 73 South Korea Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 74 South Korea Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 75 South Korea Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 76 Singapore Cellular IoT Market, 2020 - 2023, USD Million
TABLE 77 Singapore Cellular IoT Market, 2024 - 2031, USD Million
TABLE 78 Singapore Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 79 Singapore Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 80 Singapore Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 81 Singapore Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 82 Singapore Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 83 Singapore Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 84 Malaysia Cellular IoT Market, 2020 - 2023, USD Million
TABLE 85 Malaysia Cellular IoT Market, 2024 - 2031, USD Million
TABLE 86 Malaysia Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 87 Malaysia Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 88 Malaysia Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 89 Malaysia Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 90 Malaysia Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 91 Malaysia Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 92 Rest of Asia Pacific Cellular IoT Market, 2020 - 2023, USD Million
TABLE 93 Rest of Asia Pacific Cellular IoT Market, 2024 - 2031, USD Million
TABLE 94 Rest of Asia Pacific Cellular IoT Market by End Use, 2020 - 2023, USD Million
TABLE 95 Rest of Asia Pacific Cellular IoT Market by End Use, 2024 - 2031, USD Million
TABLE 96 Rest of Asia Pacific Cellular IoT Market by Component, 2020 - 2023, USD Million
TABLE 97 Rest of Asia Pacific Cellular IoT Market by Component, 2024 - 2031, USD Million
TABLE 98 Rest of Asia Pacific Cellular IoT Market by Technology, 2020 - 2023, USD Million
TABLE 99 Rest of Asia Pacific Cellular IoT Market by Technology, 2024 - 2031, USD Million
TABLE 100 Key Information – Cisco Systems, Inc.
TABLE 101 Key information – Semtech Corporation
TABLE 102 Key Information – Microsoft Corporation
TABLE 103 Key Information – Huawei Technologies Co., Ltd.
TABLE 104 Key Information – AT&T, Inc.
TABLE 105 key information – Ericsson AB
TABLE 106 Key Information – Qualcomm Incorporated
TABLE 107 Key information – Vodafone Group Plc
TABLE 108 key Information – PTC, Inc.
TABLE 109 Key Information – Samsung Electronics Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Cellular IoT Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cellular IoT Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2022, sep – 2024, Dec) Leading Players
FIG 8 Porter’s Five Forces Analysis – Cellular IoT Market
FIG 9 Asia Pacific Cellular IoT Market share by End Use, 2023
FIG 10 Asia Pacific Cellular IoT Market share by End Use, 2031
FIG 11 Asia Pacific Cellular IoT Market by End Use, 2020 - 2031, USD Million
FIG 12 Asia Pacific Cellular IoT Market share by Component, 2023
FIG 13 Asia Pacific Cellular IoT Market share by Component, 2031
FIG 14 Asia Pacific Cellular IoT Market by Component, 2020 - 2031, USD Million
FIG 15 Asia Pacific Cellular IoT Market share by Technology, 2023
FIG 16 Asia Pacific Cellular IoT Market share by Technology, 2031
FIG 17 Asia Pacific Cellular IoT Market by Technology, 2020 - 2031, USD Million
FIG 18 Asia Pacific Cellular IoT Market share by Country, 2023
FIG 19 Asia Pacific Cellular IoT Market share by Country, 2031
FIG 20 Asia Pacific Cellular IoT Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Cisco Systems, Inc.
FIG 22 SWOT Analysis: Cisco Systems, Inc.
FIG 23 Recent strategies and developments: Semtech Corporation
FIG 24 SWOT Analysis: Semtech Corporation
FIG 25 SWOT Analysis: Microsoft Corporation
FIG 26 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 27 Recent strategies and developments: AT&T Inc.
FIG 28 SWOT Analysis: AT&T Inc.
FIG 29 Recent strategies and developments: Ericsson AB
FIG 30 SWOT Analysis: Ericsson AB
FIG 31 Recent strategies and developments: QUALCOMM Incorporated
FIG 32 SWOT Analysis: QUALCOMM Incorporated
FIG 33 Recent strategies and developments: Vodafone Group Plc
FIG 34 Swot Analysis: PTC, Inc.
FIG 35 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 36 SWOT Analysis: Samsung Electronics Co., Ltd.