Utility sector remains largest market for cellular IoT modules

SMART ENERGY INTERNATIONAL | The utility sector comprises the largest end market in terms of the number of installed cellular IoT modules, according to a new report released by Berg Insight.

This is owing to the progression of smart metering projects, even though programmes are being deployed at a reduced installation pace at times.

Factory closings by major automotive OEMs and weaker demand for passenger cars due to COVID-19 will have a negative impact on the global cellular IoT modules market in 2020, according to the report.

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