Leading Industry Analyst Firm Ranks Rolling Wireless No. 5 in Global IoT Module Market Share
According to recent research by Counterpoint, the global cellular IoT module market made a tremendous comeback during the first quarter of 2021. Automotive, router/CPE and industrial are the top three applications in terms of revenue, the industry analyst firm said in a press release.
Commenting on the findings, research analyst Soumen Mandal said: “Sierra’s automotive module business was acquired last year by a consortium of investors led by Fibocom to form Rolling Wireless, which quickly grew to become the fifth largest cellular IoT module vendor globally, serving high-ASP automotive applications. The rising contracts with leading automakers like Volkswagen, Audi, Porsche, Renault-Nissan and Stellantis, and scaling up of operations with a lower cost and higher quality are helping Rolling Wireless increase market share.”