The Global Cellular Router and Gateway Market - 8th Edition

1.1 Introduction
1.1.1 The IoT technology stack
1.2 Routers, gateways and modems
1.3 Integrating cellular technology into products and systems
1.3.1 Cellular IoT hardware value chain
1.3.2 Regulatory, industry, mobile operator and application-specific certifications
1.4 Cellular IoT from 2G to 5G
1.4.1 2G/3G mobile networks
1.4.2 4G mobile networks
1.4.3 4G/5G mobile IoT networks (LTE-M and NB-IoT)
1.4.4 5G mobile networks
1.4.5 LPWA and satellite technologies
1.4.6 Cost comparison for cellular and LPWA technologies

2.1 Market analysis and forecasts
2.1.1 Embedded cellular IoT module vendor market shares
2.1.1 Cellular IoT module market analysis and forecasts
2.1.3 The cellular router and gateway market and vendor market shares
2.1.4 Cellular router and gateway market analysis and forecasts
2.2 Market trends
2.2.1 The industrial market is the largest segment for cellular routers and gateways
2.2.2 Can eSIM-based solutions replace dual SIMs and automatic failover?
2.2.3 5G router shipments are set to accelerate
2.2.4 Enterprises adopt 5G/LTE solutions for resilient connectivity
2.2.5 Enterprise routers offered as premium options for FWA services
2.2.6 Mission-critical networks expand the addressable market for cellular routers
2.2.7 Vendors move to employ vertical integration strategies in attractive niches
2.2.8 Modular devices enable flexibility and upgradability
2.2.9 Cellular router providers experienced slowing revenue growth in 2023-2024
2.2.10 The cellular router and gateway industry continues its consolidation journey

3.1 Cellular router and gateway vendors
3.1.1 Acksys
3.1.2 ADLINK Technology
3.1.3 Advantech
3.1.4 BEC Technologies (Billion Electric)
3.1.5 Belden
3.1.6 Cisco
3.1.7 Digi International
3.1.8 DZS
3.1.9 Ericsson
3.1.10 Eurotech
3.1.11 Fortinet
3.1.12 Four-Faith Communication Technology
3.1.13 HMS Networks
3.1.14 Hongdian
3.1.15 InHand Networks
3.1.16 Inseego
3.1.17 INSYS Microelectronics
3.1.18 Lantronix
3.1.19 MC Technologies
3.1.20 Milesight
3.1.21 Moxa
3.1.22 MultiTech
3.1.23 Option (Crescent)
3.1.24 Peplink
3.1.25 PUSR
3.1.26 Queclink Wireless Solutions
3.1.27 RAD
3.1.28 Red Lion Controls (HMS Networks)
3.1.29 Robustel
3.1.30 Sagemcom Dr. Neuhaus
3.1.31 Systech Corporation
3.1.32 Teltonika Networks
3.1.33 Webdyn
3.1.34 Westermo (Ependion)
3.2 Cellular IoT module vendors
3.2.1 Cavli Wireless
3.2.2 China Mobile IoT
3.2.3 Fibocom
3.2.4 Gosuncn WeLink
3.2.5 Kontron
3.2.6 MeiG Smart Technology
3.2.7 Murata
3.2.8 Neoway
3.2.9 Nordic Semiconductor
3.2.10 Quectel
3.2.11 Rolling Wireless
3.2.12 Semtech
3.2.13 STMicroelectronics
3.2.14 Sunsea AIoT (SIMCom & Longsung)
3.2.15 Telit Cinterion
3.2.16 u-blox
3.2.17 Other cellular IoT module vendors

Figure 1.1: The core elements of an IoT solution
Figure 1.2: Common features in cellular routers and gateways
Figure 1.3: Examples of cellular routers
Figure 1.4: Cost versus time diagram for cellular technology integration
Figure 1.5: Routes to market for cellular chipsets
Figure 1.6: 3GPP cellular network connections by generation (World 2023)
Figure 1.7: The number of LTE-M and NB-IoT networks (World 2018-2023)
Figure 1.8: Cost comparison for wireless modules (2024)
Figure 2.1: Top cellular IoT module vendors by revenues and shipments (World 2023)
Figure 2.2: Cellular IoT module shipments, by region (World 2022-2028)
Figure 2.3: Cellular IoT module shipment forecast (World 2022-2028)
Figure 2.4: Top cellular router vendors by revenues and shipments (World 2023)
Figure 2.5: Cellular router and gateway market forecast by region (World 2022-2028)
Figure 2.6: Average selling price by region (World 2015-2023)
Figure 2.7: Cellular router and gateway revenues by segment (World 2023)
Figure 2.8: Technology positioning of RedCap in relation to eMBB, URLLC and mMTC
Figure 2.9: Overview of a basic SD-WAN solution
Figure 2.10: 5G/LTE CPE shipments (World 2022-2024)
Figure 2.11: Critical communications networks, operational or planned (Q3-2024)
Figure 2.12: SmartSense by Digi cellular gateways for cold chain applications
Figure 2.13: Examples of vendors offering modular device concepts (Q3-2024)
Figure 2.14: Semtech’s modular XR90 5G router
Figure 2.15: Annual sales for leading cellular router and gateway vendors (2023/2024)
Figure 2.16: Cellular router and gateway vendor mergers and acquisitions (2010-2024)
Figure 3.1: ADLINK’s IoT gateways (Q3-2024)
Figure 3.2: ADLINK Edge Apps
Figure 3.3: Advantech’s routers and gateways (Q3-2024)
Figure 3.4: Advantech’s WebAccess/DMP platform
Figure 3.5: Belden’s cellular routers and gateways (Q3-2024)
Figure 3.6: Cisco’s IoT routers and gateways (Q3-2024)
Figure 3.7: Digi International’s cellular routers and gateways (Q3-2024)
Figure 3.8: Digi WAN Bonding features
Figure 3.9: DZS’ IoT routers and modems (Q3-2024)
Figure 3.10: Ericsson’s Enterprise Wireless Solutions portfolio
Figure 3.11: Ericsson’s range of cellular routers and adapters (Q3-2024)
Figure 3.12: Eurotech’s multi-service IoT edge gateways
Figure 3.13: Eurotech’s modular IoT edge platform
Figure 3.14: Fortinet’s FortiExtender gateways (Q3-2024)
Figure 3.15: Four-Faith’s 5G industrial routers
Figure 3.16: The F-G100 gateway
Figure 3.17: HMS’ cellular IoT gateways
Figure 3.18: Hongdian’s Z3 5G RedCap industrial gateway
Figure 3.19: Hongdian’s industrial communications devices (Q3-2024)
Figure 3.20: InHand Networks’ InCloud Manager solution
Figure 3.21: InHand Networks’ industrial communications devices (Q3-2024)
Figure 3.22: Inseego’s cellular routers and gateways (Q3-2024)
Figure 3.23: Inseego’s SD EDGE portal
Figure 3.24: INSYS icom’s industrial 4G LTE routers
Figure 3.25: Lantronix’s cellular IoT routers and modems (Q3-2024)
Figure 3.26: Milesight’s cellular product range
Figure 3.27: Moxa’s industrial cellular routers and gateways (Q3-2024)
Figure 3.28: MultiTech’s cellular routers, gateways and modems (Q3-2024)
Figure 3.29: CloudGate cellular IoT gateway
Figure 3.30: Overview of Peplink’s product portfolio
Figure 3.31: The InControl2 management portal
Figure 3.32: Peplink’s SpeedFusion solution
Figure 3.33: PUSR’s G816 industrial 5G router
Figure 3.34: Red Lion’s FlexEdge intelligent edge automation platform
Figure 3.35: Robustel Cloud Manager Service tiers
Figure 3.36: Robustel’s IoT routers
Figure 3.37: Sagemcom Dr. Neuhaus’ cellular M2M routers (Q3-2024)
Figure 3.38: Systech’s SysCORE series
Figure 3.39: Teltonika’s range of cellular routers and gateways (Q3-2024)
Figure 3.40: Webdyn’s EasyTunnel and MTX-EOS routers
Figure 3.41: Westermo’s cellular routers (Q3-2024)
Figure 3.42: Fibocom’s embedded wireless IoT modules (Q2-2024)
Figure 3.43: Gosuncn WeLink’s embedded cellular IoT modules (Q2-2024)
Figure 3.44: MeiG’s embedded cellular IoT modules (Q2-2024)
Figure 3.45: Neoway’s embedded cellular IoT modules (Q2-2024)
Figure 3.46: Feature comparison of the nRF91 series SiPs
Figure 3.47: Nordic Semiconductor’s revenues by technology (2020-2023)
Figure 3.48: Quectel’s cellular IoT module series (Q2-2024)
Figure 3.49: Semtech’s device-to-cloud offering
Figure 3.50: Semtech’s embedded cellular modules (Q3-2024)
Figure 3.51: Semtech cellular routers and gateways (Q3-2024)
Figure 3.52: Semtech’s AirLink Complete services
Figure 3.53: Embedded cellular IoT modules from SIMCom and Longsung (Q2-2024)
Figure 3.54: Telit Cinterion’s embedded cellular IoT modules (Q2-2024)
Figure 3.55: u-blox’s embedded cellular IoT modules (Q2-2024)
Figure 3.56: u-blox Thingstream platform overview