China, India mainly drive 7% growth in global cellular IoT module shipments in Q1: Counterpoint

NEW DELHI: The demand in China and India primarily drove a 7% year-over-year growth in the global shipments of cellular Internet of Things (IoT) modules in Q1 2024, according to a Counterpoint Research report released on Monday. It said that the rest of the markets were still facing inventory and demand challenges in the January-March quarter.