The Global Cellular Router and Gateway Market 7th Edition

The Global Cellular Router and Gateway Market 7th Edition

The Global Cellular Router and Gateway Market analyses the latest developments on the cellular router, gateway and modem market. This strategic research report from Berg Insight provides you with more than 115 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.

The Global Cellular Router and Gateway Market 7th Edition

Cellular routers and gateways are standalone devices that provide primary or backup cellularconnectivity to devices in a local network. For the purpose of this report, Berg Insight defines the product category as general-purpose cellular routers, gateways and modems that are enclosedin a chassis with external power supply, no display and at least one input/output port. Cellularrouters and gateways have evolved over the past decades from simple networking devices toaggregation points for devices, implementing advanced functionality for security and edgecomputing.

The cellular router and gateway market is driven by the growing need to connect assets andwork forces in remote and temporary locations as enterprises digitalise their operations. Annualshipments amounted to 5.6 million units in 2022, generating annual revenues of US$ 1.4 billion,an increase of 19 percent from the previous year. The Americas is the largest regional market,accounting for about US$ 721 million. The average selling price in the region is significantlyhigher compared to other markets, primarily due to a higher share of feature-rich, high-speed4G LTE and 5G devices in the product mix. The market value of the European and Asia-Pacificregions accounted for US$ 366 million and US$ 302 million respectively. Berg Insight forecaststhat the market will grow at a CAGR of 12.1 percent in the next five years to reach US$ 2.5 billionin 2027.

Berg Insight ranks Ericsson-owned Cradlepoint as the market leader with an estimated US$ 360 million in annual revenues from IoT gateway sales (adjusted for comparability due to the company’s subscription model). Sierra Wireless, part of Semtech since early 2023, is the second largest provider with US$ 132 million in annual revenues. Top players further include Teltonika Networks, Cisco and Digi International, which generated cellular router and gateway revenues in the range of US$ 80–126 million. The top five vendors held a combined market share of about 56 percent.

Other vendors with significant presence on the cellular router and gateway market are Hongdian, Peplink, InHand Networks, Four-Faith and HMS Networks. All of the top ten cellular IoT gateway vendors shipped more than 100,000 devices in 2022. Notable vendors further include BEC Technologies, Belden, Casa Systems, Lantronix, MultiTech and Systech in North America; Advantech, Milesight, Moxa and Robustel in the Asia-Pacific region; Eurotech, Option, RAD, Webdyn and Westermo in the EMEA region.

Though many distributed enterprises are already taking advantage of the fast deployment time and ease of use of cellular solutions, Berg Insight believes that the trend will accelerate in the 5G era. As the cost per GB decreases, 5G connectivity will become an increasingly attractive alternative to fixed broadband and over time reach a level in which the monthly fee is comparable to a fixed broadband subscription, thereby expanding the market for cellular routers, gateways and modems.

1 IoT Networking and Communications
1.1 Introduction
1.1.1 The IoT technology stack
1.2 Routers, gateways and modems
1.3 Embedding cellular technology in products and systems
1.3.1 Cellular IoT hardware value chain
1.3.2 Regulatory, industry, mobile operator and application-specific certifications
1.4 Cellular IoT from 2G to 5G
1.4.1 2G/3G mobile networks
1.4.2 4G mobile networks
1.4.3 4G/5G mobile IoT networks (LTE-M and NB-IoT)
1.4.4 5G mobile networks
1.4.5 LPWA and satellite technologies
1.4.6 Cost comparison for cellular and LPWA technologies
2 Market Forecasts and Trends
2.1 Market analysis and forecasts
2.1.1 Embedded cellular IoT module vendor market shares
2.1.1 Cellular IoT module market analysis and forecasts
2.1.3 The cellular router and gateway market and vendor market shares
2.1.4 Cellular router and gateway market analysis and forecasts
2.2 Market trends
2.2.1 Transportation is the largest cellular router end market
2.2.2 5G router shipments are set to accelerate
2.2.3 Enterprises adopt 5G/LTE solutions for resilient connectivity
2.2.4 Enterprise routers offered as premium options for FWA services
2.2.5 Private cellular networks to expand the addressable market for cellular routers
2.2.6 Vendors move to employ vertical integration strategies in attractive niches
2.2.7 Modular devices enable flexibility and upgradability
2.2.8 Cellular router providers experienced strong revenue growth in 2022–2023
2.2.9 The cellular router and gateway industry continues its consolidation journey
3 Company Profiles and Strategies
3.1 Cellular router and gateway vendors
3.1.1 Acksys
3.1.2 ADLINK Technology
3.1.3 Advantech
3.1.4 BEC Technologies
3.1.5 Belden
3.1.6 Casa Systems
3.1.7 Cisco
3.1.8 Cradlepoint (Ericsson)
3.1.9 Digi International
3.1.10 Eurotech
3.1.11 Four-Faith Communication Technology
3.1.12 HMS Networks
3.1.13 Hongdian
3.1.14 InHand Networks
3.1.15 INSYS Microelectronics
3.1.16 Lantronix
3.1.17 MC Technologies
3.1.18 Milesight
3.1.19 Moxa
3.1.20 MultiTech
3.1.21 Option (Crescent)
3.1.22 Peplink
3.1.23 Queclink Wireless Solutions
3.1.24 RAD
3.1.25 Red Lion
3.1.26 Robustel
3.1.27 Sagemcom Dr. Neuhaus
3.1.28 Systech Corporation
3.1.29 Teltonika Networks
3.1.30 Webdyn
3.1.31 Westermo (Ependion)
3.2 Cellular IoT module vendors
3.2.1 China Mobile IoT
3.2.2 Fibocom
3.2.3 Gosuncn RichLink
3.2.4 MeiG Smart Technology
3.2.5 Murata
3.2.6 Neoway
3.2.7 Nordic Semiconductor
3.2.8 Quectel
3.2.9 Rolling Wireless (Fibocom)
3.2.10 Sierra Wireless (Semtech)
3.2.11 Sunsea AIoT (SIMCom & Longsung)
3.2.12 Telit Cinterion
3.2.13 u-blox
3.2.14 Other cellular IoT module vendors

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