Group 1 - The cellular IoT market is expected to experience rapid expansion over the next six years, with global cellular IoT connections projected to reach 5.1 billion by 2030, driven by key technologies such as 5G RedCap, massive IoT, and 4G LTE Cat-1bis modules [1] Group 2 - 5G RedCap is identified as a crucial driver for market development, with deployment expected to accelerate from 2025, providing a mid-tier connection solution for devices that do not require high-end 5G performance [2] - Initial deployment of RedCap is slower than anticipated, despite its advantages, as the industry prepares for the gradual phase-out of 4G networks post-2030 [2] Group 3 - The deployment of 5G SA (Standalone) is re-accelerating after a brief slowdown, with the first RedCap devices already available in the U.S. market, marking a transition from 4G to mid-tier 5G connections [5] Group 4 - The Asia-Pacific region is projected to contribute over 67% of global IoT module shipments in 2024, with IoT connections in the region expected to account for 80% of the total [5] - The automotive industry is a significant driver of this growth, with increasing consumer demand for smart vehicles integrated with 5G capabilities [5] - The dominance of the Asia-Pacific region in the IoT market highlights its strategic position in the global IoT ecosystem and its core role in the evolution of connected device technologies [5]