M2M module prices continue to fall, LTE chip shipments are increasing
The proportion of OEMs adopting long-range evolution plan (LTE) machine-to-machine (M2M) modules will rapidly increase. As the price of automotive M2M modules continues to decline, more and more car manufacturers have begun to upgrade the original 2G M2M modules to 3G modules such as WCDMA and HSPA, and even directly imported LTE solutions to meet the increasing bandwidth demand of connected cars. . IHS estimates that the growth of LTE module shipments for vehicles in the next four years will be extremely strong, and its share of the overall M2M module shipments for vehicles is expected to jump from less than 1% in 2013 to 2017. 30%.
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