According to the latest statistics on global cellular IoT chipsets from market research agency Counterpoint, Qualcomm dominates the global cellular IoT chipset market, occupying nearly half of the market. Huawei HiSilicon ranks second and Ziguang Zhanrui ranks third.
The data also shows that due to the increase in 5G shipments and the shortage of semiconductors, the average selling price of the overall module increased by 5% year-on-year. For the first time in the second quarter of 2021, the average selling price of 5G modules was below US$150. The market penetration rate of 5G modules will increase in the second half of this year, because more 5G modules will be put into production by then.
Qualcomm is in a leading position in cellular IoT chipset shipments, occupying nearly half of the cellular IoT chipset market, further increasing its market share.
Huawei HiSilicon ranks second in the global cellular IoT chipset market, but it also occupies a dominant position. Among them, NB-IoT contributes more than 90% of HiSilicon’s shipments.
And Ziguang Zhanrui, ranked third, is the only one among the top five cellular IoT chipset vendors that has increased by more than 100% year-on-year in the quarter. Ziguang Zhanrui released its 5G chip platform "V516" in August, which will increase its market share in port monitoring, power grid monitoring, and telemedicine.