India's Cellular IoT Module Market Grows 40% in Q3 2025

India's market for cellular IoT modules grew a lot, 40% more than last year, in the third quarter of 2025.

This is much faster than the global growth of 10%.

The growth is happening because more people are using smart meters, point of sale systems, and tracking devices for cars and other assets.

The market is also changing, with a move from old technology to cellular systems.

Companies are focusing on making IoT devices smarter with AI and ready for 5G.

In other places like China, Europe, and North America, the growth was slower, with China at 7%, Europe at 11%, and North America at just 4%.

The most popular type of module is called Cat-1 bis, which makes up almost half of all shipments.

A new technology called RedCap is also starting to be used by operators.