India, June 16 -- Global shipments of cellular IoT modules continued to increase in the first quarter of 2025, growing by 16% year-on-year (YoY), according to Counterpoint Research's Global Cellular IoT Module and Chipset Tracker by Application, Q1 2025. This growth was largely driven by strong demand in India, China, and Latin America, particularly across smart metering, point-of-sale (POS), and asset-tracking applications.

Counterpoint's 'Global Cellular IoT Module and Chipset Tracker by Application' monitors more than 1,500 IoT module SKUs on a quarterly basis. The tracker provides detailed forecasts on shipments, revenue, and average selling price (ASP) performance for over 80 IoT module vendors, more than 12 chipset manufacturers, a...