Qualcomm emerges as a global cellular IoT chip maker for the fourth quarter of 2021

Share Us

538
Qualcomm emerges as a global cellular IoT chip maker for the fourth quarter of 2021
18 Apr 2022
6 min read

News Synopsis

According to a recent study, the leading chipmaker around the globe, Qualcomm has emerged as the leader in the global cellular internet of things (IoT) chipset market with a 38 percent share in terms of shipments in the fourth quarter of 2021. As per Counterpoint Research, the chipmaker increased its share both annually and sequentially with traction across key segments and has increased its portfolio of IoT solutions, targeting specific verticals like retail, automotive, industrial IoT, and smart cities. It has also rolled out an IoT services suite covering more than 30 verticals to enhance platform support for IoT-as-a-service (IoTaaS) applications and accelerator programs (like smart cities). 

Research analyst Anish Khajuria said: "Qualcomm, UNISOC, and ASR held the top three positions in the global cellular IoT chipset market in Q4 2021, accounting for nearly 75 percent of the total shipments.” Overall, global cellular IoT chipset shipments grew 57 percent (on year) in Q4 2021. China continued to lead the cellular IoT chipset market by accounting for nearly 60 percent of the shipments. South Korean company, Samsung also launched a 5G chipset targeting automotive applications The report further informed that Samsung might offer strong competition to Qualcomm and MediaTek if it can enter a strong partnership with automakers.