Despite China’s failure to recover in Q3 2022, global cellular IoT module market still grows, says Counterpoint Research

Global cellular Internet of Things (IoT) module shipments grew by only 2% YoY in Q3 2022, according to the latest research from Counterpoint’s global cellular IoT module and chipset tracker by application. China led the market followed by North America and Europe. China’s shipments decreased 8% YoY in this quarter due to a resurgence of COVID-19

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