Among them, Quectel's module shipments increased by 47% year-on-year, further widening the gap with other manufacturers, and the shipment share is equal to the sum of the shipments of the remaining nine manufacturers.In the second quarter, Quectel launched 4G Cat.4 smart modules SC200E and SG150H based on Qualcomm and UNISOC chipsets respectively.In addition, Quectel has launched an iSIM-enabled LPWA module BG773A-gL with the help of Kigen, through which it will be able to target M2M applications such as POS, smart metering, asset tracking and wearables.Guanghetong's module shipments increased by 12% year-on-year, and nearly 60% of module shipments came from the Chinese market.In addition, Guanghetong has established partnerships with Qualcomm, MediaTek, UNISOC, Sequans and Autotalk to expand its share in the international market, helping Guanghetong fill the huge gap with Quectel in the global IoT module market .After experiencing the slow growth in Q1 of 2022 due to the control of the epidemic in China, Meige Smart has achieved great growth, helping it to enter the ranks of the top three IoT modules in the world.While focusing on high-end IoT module applications, Mega Smart is also expanding into the fast-growing 4G Cat 1 bis market, targeting POS, industrial, asset tracking, smart meters, and enterprise applications.At the same time, Mega Smart is diversifying its supplier portfolio and has partnered with fast-growing 4G chipset manufacturer ASR to target the 4G Cat.4 module market, especially the highly competitive Chinese market and other low-cost international markets.By catering to its large existing and potential customer base and extensive cellular network, China Mobile's focus on low-end applications by partnering with Chip Wing will help both parties target IoT applications transitioning from 2G to 4G.Meanwhile, China Mobile's growing 5G business and its partnerships across the value chain will help the world's largest operator rapidly scale its end-to-end 5G IoT solutions in the coming quarters.Telit is the first non-Chinese company in the global IoT module supplier ranking.Telit specializes in LPWA dual mode, 4G Cat 1 and LTE-M technologies for industrial, medical, asset tracking, router/CPE and energy applications.Currently, the manufacturer has launched 4G Cat.1 bis industrial grade modules to target the Asia Pacific and EMEA markets.With the withdrawal of 2G and 3G technology, the module can be used to replace low-end applications.Following the acquisition of Thales, Telit has the potential to become the largest module supplier outside of China and eventually rival Quectel in scale.Mohit Agrawal, associate director at Counterpoint Research, said about the key connectivity technology trends in the IoT space: "The five major technologies including NB-IoT, 4G Cat 1, 4G Cat 4, 4G Cat 1 bis and LPWA-Dual Mode are accounted for more than 80% of shipments in the quarter. We witnessed continuous shipments of 4G Cat 1 and 4G Cat 1 Bis modules due to the gradual fading of 2G and 3G technologies and the push for higher demand for mid-to-low-end applications Increase. In order to meet certain low-cost applications in some emerging markets such as Africa, Asia and Eastern Europe, some module manufacturers are still providing 2G modules. 5G IoT module shipments remain stable, prices remain high, and Many projects are still in the experimental stage. It will take at least a few years to reach an inflection point. We expect 5G IoT modules to grow in the second half of 2023, with good national 5G coverage and scale.”When it comes to key connection technologies in the IoT field, the top five usually include: NB-IoT, 4G Cat.1, 4G Cat.4, 4G Cat.1 bis and LPWA-Double Mode, and the modules corresponding to these technologies also account for to more than 80% of shipments in the second quarter.At the same time, the shipment of 4G Cat.1 and 4G Cat.1 bis modules will further increase due to the decline of 2G and 3G technologies and the increase in demand for mid-to-low-end applications.However, Counterpoint's report also said that some module operators are still developing 2G modules to meet specific low-cost applications in some emerging markets such as Africa, Asia and Eastern Europe.Meanwhile, shipments of 5G IoT modules remain stable and prices remain high, but many projects are still in the pilot stage and will take at least a few years to reach the inflection point.In the second quarter of this year, the top five cellular IoT applications were smart metering, POS, industrial, router/CPE and asset tracking, accounting for more than half of the IoT module market.At present, the IoT module market is going through a critical stage. Chinese manufacturers are growing stronger day by day. Half of the top ten IoT module suppliers are from China. In addition, geopolitical competition and data privacy issues are becoming more and more serious. This makes international brands feel With greater pressure, other manufacturers have also seen opportunities for integration and division in this field.As a result, the first wave of market consolidation is beginning to emerge: Telit acquired Thales' cellular IoT module business and acquired IoT solutions design company Mobilogix; during the quarter, Semtech also acquired a leading provider of cellular IoT and routers Sierra Wireless to build an end-to-end wireless IoT product portfolio.Soumen Mandal, senior research analyst at Counterpoint, said that this means that Western manufacturers are trying to become more integrated, and through integration, they can also gain scale and competitive advantages, at least in price or value. Capture more value across the value chain.On a quarterly basis, Counterpoint Research analyzes shipments, revenue, and ASPs of more than 80 IoT module suppliers, 12 chip suppliers, 18 IoT applications, and more than 1,500 IoT module SKUs across 10 key regions. Performance is tracked and forecasted.