Cellular IoT Module Shipments to Reach 976 mn by 2030 as LoRa and LPWA Markets Accelerate: Berg Insight

The global market for cellular Internet of Things (IoT) and Low Power Wide Area (LPWA) connectivity technologies is entering a new phase of expansion, with annual shipments of cellular and non-3GPP LPWA IoT modules projected to increase from 909 million units in 2025 to 1.32 billion units by 2030, representing a compound annual growth rate (CAGR) of 7.7 percent, according to the latest Berg Insight report. By the end of 2025, approximately 4.8 billion devices were connected to wide area networks