Global cellular IoT module shipments up by 11% in Q2; China, India lead: Counterpoint

NEW DELHI: The global shipments of cellular Internet of Things (IoT) modules grew by 11% year-on-year and 6% quarter-on-quarter in the second quarter of 2024, driven mainly by strong demand in China and India, while other markets continued to face challenges, according to a Counterpoint Research report released on Tuesday.