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LPWAN continues to grow strongly, and as the simplest and lowest costlte m2 wide-area IoT solution available, LPWAN is opening up digital opportunities across a wide range of industries. According to IoT Analytics, the number of LPWAN-enabled device activations reached 450 million in the second and third quarters of 2020, a 62% year-over-year growth rate, despite a multi-country quarantine in the second and third quarters of 2020, and the number is expected to reach 660 million in 202, a 47% year-over-year increase, with LPWAN connections expected to reach 2.7 billion in five years.

NB-IoT occupies half of the new market economy, and Cat is rising fast. As we can see from the comparative analysis data, affected by the differences in domestic and overseas NB-IoT infrastructure education facilities and marketing strategies, NBIoT modules will account for 54% of cellular module shipments in 2020, while the overseas capital market value share is only 6%. In addition, Cat becomes the best alternative treatment solution for 2G/3G IoT applications, and the market share can be rapidly and effectively increased both at home and abroad. A reasonable network architecture design for IoT technology connectivity is gradually emerging. For a cellular IoT through different standards of connection social structure, the industry has formed a consensus of "60%-30%-10%", and the current shipments of cellular IoT modules are constantly evolving toward achieving this industry structure, pushing the IoT connection management structure to be more rational.

Application scenario: located in the middle of the industry chain, with a wide range of downstream applications

According to the module industry chain, wireless communication module manufacturers are located in the middle of the wireless communication module industry chain and then deliver them to downstream agents, project integrators or various terminal applications. Wireless communication module manufacturers are responsible for product development and design sales, production process, process flow by module processing factory OEM. downstream modules are subdivided into various application scenarios such as wireless payment, industrial internet, automobile transportation, smart city, etc., which provide a wide market space for wireless module manufacturers.

There are also many downstream applications. According to the annual demand of the application market, the demand for cellular modules can be divided into large particle users (annual demand u003E 10 million pieces) and small particle users (annual demand ≤ 10 million pieces). Large particle market (smart meters, car networking, wireless POS, etc.) has a large number of IoT modules with a high degree of standardization, while the small particle market (industrial Internet, vending machines, etc.) has a small number of IoT modules with a high degree of customization and high gross margin.

Market economic scale: the era of Internet of Everything network has arrived, IoT development boom up

IoT becomes the new growth pole

Internet of Things (IoT), which can be simply explained as "Internet of Things", is a kind of network that extends and expands on the basis of Internet to exchange and communicate information between things. It is a network that extends and extends the Internet to exchange and communicate information between things. The main purpose is to network objects through sensing devices such as sensors, communication modules and chips. It is widely believed that Professor Ashton of Massachusetts Institute of Technology first introduced the concept of Internet of Things in 1999 when he studied RFID.

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