Cellular IoT module revenues increased 12% to reach $5.9bn in 2022, reports Berg Insight

According to a new research report from the IoT analyst firm Berg Insight, annual shipments of cellular IoT modules amounted to 427 million units in 2022, flat from the previous year. Annual sales grew by 12% and amounted to [$5.9 billion (€5.38 billion) in the year.

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