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Narrowband IoT (NB-IoT) Chipset Market Analysis by Device, Deployment & Region
Narrowband IoT (NB-IoT) Chipset Market, By Device (Smart Meters, Smart Parking), Deployment (Guard, In-Band, Stand-Alone), Vertical (Energy & Utilities, Infrastructure, Building Automation) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
Global Narrowband IoT (NB-IoT) Chipset market is anticipated to reach USD 480.9 million in 2021 growing at a CAGR of 41.8% during the forecasting period, 2021-2028.
Narrowband IoT (NB-IoT) popularly known as LTE Cat NB1 is a technology that consumes less power but has a wider coverage. It has higher security and is also user friendly. It solves the problem of wireless connectivity along with providing higher range. It supports all the chipset manufactured products and also power major mobile equipment.
With an increased use of connective device being used along with a surge in use of wearable are some of the factors that have supported long-term expansion for Narrowband IoT (NB-IoT) Chipset industry.
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Key Findings
Global Narrowband IoT (NB-IoT) Chipset market is segmented into Device, Deployment, Vertical and, geography.
Device segment is segmented into Smart Meters, Smart Parking
Deployment segment is segmented into Guard, In-Band, Stand-Alone
Vertical segment is segmented into Energy & Utilities, Infrastructure, and Building Automation
Geographically, global Narrowband IoT (NB-IoT) Chipset market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
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Competitive Landscape
Key players in global Narrowband IoT (NB-IoT) Chipset market are
Huawei (China),
Qualcomm (US),
Intel (US),
Nordic Semiconductor (Norway),
Sanechips (China),
Samsung (South Korea),
MediaTek (Taiwan),
Sercomm (Taiwan),
Cheerzing (China),
u-blox (Switzerland),
Telit Communications (UK),
Quectel (China),
Sequans Communications (France)
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In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The Narrowband IoT (NB-IoT) Chipset Market report answers a number of crucial questions, including:
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What are the market's opportunities, obstacles, and driving forces?
What predictions for the future can help with strategic decision-making?
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What is the anticipated growth rate for the market economy globally?
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GSMA: Low Power Mobile IoT Networks Now Available from All Leading IoT Operators Worldwide
BARCELONA, Spain — The GSMA today announced that Mobile IoT or Low Power Wide Area (LPWA) networks are now globally available in licensed spectrum in 49 markets1 around the world following 93 launches by 50 different mobile operators across both LTE-M and NB-IoT. Coverage is now expected to reach approximately 93% of the world’s largest IoT markets by Q2 20192. According to GSMA Intelligence forecasts, by 2025 there will be 3.5 billion cellular IoT connections, including 1.9 billion licensed LPWA connections3.
“The speed with which these networks have been standardized and deployed around the world is staggering. They are now available in every major IoT market encouraging the development of innovative new products and services across a wide range of sectors,” commented Alex Sinclair, Chief Technology Officer, GSMA. “The market clearly sees the benefit of solutions in licensed spectrum that offer flexibility, adaptability, security and lower cost. They are also future proofed for the 5G era and will support and co-exist with other 5G technologies.”
Mobile IoT Global Adoption
To date there have been 68 NB-IoT launches in 45 markets and 25 launches of LTE-M networks in 19 markets. This is supported by a network of 47 Open Labs worldwide enabling organisations to test their products and services prior to launch: www.gsma.com/iot/deployment-map/. Recent launches in Q4 2018 in Europe include Altice (Portugal; NB-IoT), Orange, (France and Romania; LTE-M), Telenor Group (Norway; NB-IoT, LTE-M), Telia (Estonia; NB-IoT), SFR (France; NB-IoT), Swisscom (Switzerland; NB-IoT, LTE-M) and Vodafone (Malta; NB-IoT). In Asia, Grameenphone (Bangladesh; NB-IoT), Chungwa (Taiwan; LTE-M), Telkomsel (Indonesia; NB-IoT) and Megafon and MTS (Russia; NB-IoT). Verizon and Spark also launched LTE-M in North America and New Zealand respectively, while STC launched NB-IoT in Saudi Arabia and Telefonica launhed LTE-M in Argentina.
The GSMA Mobile IoT Innovators Community
The GSMA Mobile IoT Innovators community has also reached 2,100 developers from more than 1,300 companies around the world. The official community is an ecosystem that unites operators, vendors, manufacturers and developers around LPWA technologies in licensed spectrum and supports the development and creation of innovative new products and services that utilize these technologies. Please find out more at the Mobile IoT Experience at 4YFN MWC’19 go here for further information: https://www.gsma.com/iot/mobile-iot-innovators
The GSMA Mobile IoT Initiative and APAC IoT Partnership Programme
Backed by over 100 mobile operators and vendors, the GSMA’s Mobile IoT Initiative4 has helped to align the mobile industry behind licensed, standardized and complementary Low Power, Wide Area (LPWA) technologies called LTE-M and NB-IoT. These Mobile IoT networks support mass-market IoT applications such as smart meters, environmental sensors and consumer electronics, that are low cost, use low data rates, require long battery lives and often operate in remote locations. They are designed to support mass-market IoT applications across a wide variety of applications such as industrial asset tracking, safety monitoring, water and gas metering, smart grids, city parking, vending machines and city lighting. The GSMA also recently launched the GSMA APAC IoT Partnership programme to help mobile operators and partners in the Asia-Pacific region to accelerate the adoption of IoT by facilitating the sharing of innovation and ideas, promoting regional leadership and providing access to open labs to test new use cases. The GSMA has also released a document highlighting some innovative LTE-M and NB-IoT use cases in Asia: https://www.gsma.com/iot/mobile-iot-asia-pacific-case-study/
IoT Security at MWC19
The GSMA Internet of Things will also host a seminar on IoT Security titled, ‘Future Proofing the Internet of Things – IoT Security Today and Tomorrow’ on February 26th at the Fira Gran Via. The in-depth session will see industry experts debate the importance of IoT security and examine how security must be embedded from the beginning and during every stage of the service lifecycle. The GSMA IoT Security Guidelines and Security Assessment have become the leading industry specification for securing IoT products and services, with 15 global operators adopting them in 2018.
Mobile IoT at MWC19
The GSMA’s Internet of Things programme will also host a number of activities at this year’s MWC19 in Barcelona, including the 8th Mobile IoT Summit on February 24th at the Hesperia Barcelona Tower Hotel. The session will include IoT experts from AT&T, Huawei, Nokia, Singtel and Telefonica and explore how mobile operators and the wider ecosystem have successfully deployed Mobile IoT solutions. Please go here to register: https://www.gsma.com/iot/event/8th-mobile-iot-summit/. There will also a number of interactive Mobile IoT demonstrations at the GSMA Innovation City in Hall 4.
Get Involved at Mobile World Congress Barcelona 2019
For more information on MWC19 Barcelona, including how to exhibit or sponsor, visit www.mwcbarcelona.com. Follow developments and updates on MWC19 on Twitter @GSMAEvents using #MWC19, on our LinkedIn MWC page www.linkedin.com/showcase/mwcbarcelona/ or on Facebook at www.facebook.com/mobileworldcongress/. Follow other GSMA news and activity on Twitter @GSMA.
-ENDS-
Notes to Editors
1.) AUSTRALIA, AUSTRIA, BELARUS, BELGUIM, BRAZIL, CANADA, CHINA, CROATIA, CZECH REPUBLIC, DENMARK, FINLAND, FRANCE, GERMANY, GREECE, HONG KONG, HUNGARY, INDONESIA, IRELAND, ITALY, JAPAN, MALTA, MEXICO, NEW ZEALAND, NORWAY, POLAND, RUSSIA, SAUDI ARABIA, SINGAPORE, SLOVAKIA, SOUTH AFRICA, SOUTH KOREA, SPAIN, SRI LANKA, SWEDEN, SWITZERLAND, TAIWAN, THAILAND, THE NETHERLANDS, TURKEY, UAE, USA. 2.) GSMA Intelligence: Top 50 countries have been identified based on number of licenced cellular IoT connections 3.) GSMA Intelligence 4.) The GSMA Mobile IoT Initiative: The GSMA’s Mobile IoT Initiative is helping to support the industry deliver commercial LPWA solutions in licensed spectrum. It is currently backed by over 90 global mobile operators, device makers and chipset, module and infrastructure companies worldwide. In the space of a year it has helped to establish market standards for LPWA, published by 3GPP, that will play a fundamental role in the growth, development and adoption of the technology as well as securely and cost effectively connect the billions of new devices making up the IoT. LPWA networks will be used for a wide variety of applications such as industrial asset tracking, safety monitoring, water and gas metering, smart grids, city parking, vending machines and city lighting. For further information: https://www.gsma.com/iot/mobile-iot-initiative/.
About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators and nearly 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces the industry-leading MWC events held annually in Barcelona, Los Angeles and Shanghai, as well as the Mobile 360 Series of regional conferences.
For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190221005055/en/
Contacts
Media Contacts: For the GSMA Beau Bass +44 79 7662 4962 [email protected]
Daniel Ancin / Gloria Almirall +34 93 236 09 00 [email protected]
GSMA Press Office [email protected]
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Narrowband IOT Chipset Market 2020 Trends and Projected Market Size by 2020 – 2023
Market Research Future published a research report on “Narrowband IOT Chipset Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Narrowband IoT (NB-IoT) Chipset Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the global narrowband IoT chipset market is marked to exhibit remarkable expansion at a CAGR of 60% during the forecast period of 2017-2023. The global Narrowband Iot Chipset Market is also anticipated to reach the market valuation of USD 265 Mn by the end of the forecast period. Rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors, rapid conversion of metropolitans into smart cities in the developed and developing countries, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors are majorly propelling the growth of the global Narrowband IoT Chipset Market during the assessment period.
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Key Players:
The key players profiled by Market Research Future (MRFR) that are operating in the Narrowband IOT Chipset Market are Intel Corporation (the U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Quectel Wireless Solutions Co. Ltd. (China), Qualcomm Technologies Inc., (the U.S.), Vodafone Group plc (the U.K) and others. Other key innovators operating in the global narrowband IoT (NB-IoT) chipset market are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Nordic Semiconductor (Norway), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Sigfox (France), STMicroelectronics (the U.S.), Gemalto (the Netherlands) and others.
Segmentation
The global narrowband IoT (NB-IoT) chipset market has been segmented on the basis of component, device, deployment, and end-user. Based on component, the global narrowband IoT (NB-IoT) chipset market has been segmented into hardware, software, and services. The hardware segment has been sub-segmented into modules and others. The services segment has been further sub-segmented into professional services and managed services. Based on applications, the global narrowband IoT (NB-IoT) chipset market has been segmented into alarms & detector, a smart appliance, tracker, wearable, smart meter, and many others. Based on deployment, the global narrowband IoT (NB-IoT) chipset market has been segmented into guard band, in-band, and standalone. Based on end-users, the global narrowband IoT (NB-IoT) chipset market has been segmented into healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Regional Analysis
Geographically, the global narrowband IoT chipset market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the Middle East and Africa. The North America region commands the maximum share of the global narrowband IoT chipset market. The rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors and easy adoption of advanced technology are majorly propelling the growth of the global narrowband IoT chipset market in the North America region. Rapid conversion of metropolitans into smart cities in the emerging economies, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors such as healthcare, retail, transportation and others are fueling the growth of the narrowband IoT chipset market in the Asia Pacific region. High demand for technologically advanced solutions, increased investments for extensive research and development, rise in number of players operating in the global market and rapid improvement in internet connectivity are majorly contributing to the growth of the narrowband IoT chipset market in the Europe region.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Narrowband IoT (NB-IoT) Chipset Market: By Region, 2017-2023
Table 2 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 3 Europe Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 4 Asia Pacific Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 5 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 6 Latin America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 7 Global Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Regions, 2017-2023
Table 8 North America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table 9 Europe Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table10 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Continued…
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Narrowband IoT (NB-IoT) Chipset Market with COVID-19 impact, by Device (Smart Meters, Smart Parking), Deployment (Guard, In-Band, Stand-Alone), Vertical (Energy & Utilities, Infrastructure, Building Automation), and Region - Global Forecast to 2025 published on
https://www.sandlerresearch.org/narrowband-iot-nb-iot-chipset-market-with-covid-19-impact-by-device-smart-meters-smart-parking-deployment-guard-in-band-stand-alone-vertical-energy-utilities-infrastructure-building-a.html
Narrowband IoT (NB-IoT) Chipset Market with COVID-19 impact, by Device (Smart Meters, Smart Parking), Deployment (Guard, In-Band, Stand-Alone), Vertical (Energy & Utilities, Infrastructure, Building Automation), and Region - Global Forecast to 2025
“NB-IoT chipset market to grow at 40.0% CAGR during 2020–2025”
The NB-IoT chipset market is expected to grow from USD 461 million in 2020 to USD 2,484 million by 2025 at a CAGR of 40.0%. Increasing demand for wearable devices due to COVID-19 outbreak, growth in connected devices, followed by widening penetration of IoT devices are the key drivers for the growth of this market. Increasing participation of industry players in the development of NB-IoT and widening applications of NB-IoT technology are the other factors fueling the growth of this market. However, stiff competition from other LPWA technologies, and privacy and security concerns are among the major factors restraining the growth of the NB-IoT chipset market.
“Stand-alone deployment to witness highest CAGR in market during forecast period”
In the stand-alone deployment type, NB-IoT is deployed in a dedicated frequency band. The stand-alone deployment type utilizes new bandwidth instead of sharing the existing LTE bandwidth. It is considered as an option when LTE is deployed in a higher band and GSM is still in use to provide coverage for basic services. Moreover, with the growth in the number of NB-IoT-connected devices, the standalone deployment technique, utilizing new bandwidth, is likely to be used.
“Smart Meters to hold largest market followed by smart parking in NB-IoT chipset market”
The growing adoption of water, gas, and electricity smart meters; and favorable government reforms are boosting the implementation of smart meters across the world. Moreover, the demand for long battery life, and low and intermittent data transmission have fueled the adoption of NB-IoT technology for smart metering devices. Moreover, increasing adoption of NB-IoT technology for smart parking application is accelerating its market growth. For instance, in January 2018, Deutsche Telekom (Germany) initiated deployment of NB-IoT-enabled devices to improve the smart parking system across Hamburg.
“Energy & utilities to hold largest market size during forecast period followed by infrastructure”
Energy & utilities is expected to hold the largest size of NB-IoT chipset market by 2025. Massive adoption of NB-IoT-enabled smart meters is driving the growth of this market. Favorable federal mandates in various countries are further driving the growth of the NB-IoT-enabled smart meters. However, the disruptions due to the pandemic will result in a decline in annual smart meter shipments in 2020. Most of the energy and water utilities have temporarily delayed smart meter installations and have re-allocated resources to field service operations to ensure continuity of services for end customers. Service providers and utilities have followed government regulations related to social distancing and lockdown throughout the pandemic. This has led to a reduction in the number of smart meter installations, especially in the first half of 2020.
“North America to witness highest CAGR in overall market from 2020 to 2025”
Growing adoption of NB-IoT technology in the region and developed IT infrastructure is expected to boost the growth of this market in this region. Moreover, established LTE-M network and availability of dual-mode NB-IoT chipsets offering CAT-M1 and CAT-NB1/NB2 connectivity are expected to complement the growth of NB-IoT chipsets in the region. T-Mobile (US), Verizon (US), AT&T (US), and Bell Canada (Canada) are expected to be the key NB-IoT services providers in the region. Furthermore, increasing participation of key industry players such as Qualcomm (US) and Nordic Semiconductor (Norway) to build dual-mode-only chipsets is expected to complement the growth of NB-IoT in Europe and North America. Furthermore, the rising number of COVID-19 cases in North America is leading to the increasing demand for IoT in healthcare applications and provides opportunities for the growth of the NB-IoT chipset market in the region.
In the process of determining and verifying the market size for several segments and sub segments gathered through the secondary research, extensive primary interviews have been conducted with key industry experts in the NB-IoT chipset market space. The break-up of primary participants for the report has been shown below:
By Company Type: Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
By Designation: C-level Executives – 55%, Directors – 30%, and Others – 15%
By Region: North America – 20%, Europe – 30%, APAC – 40%, and RoW – 10%
The report profiles key players in the NB-IoT chipset market with their respective market ranking analysis and benchmarking. Prominent players profiled in this report are Huawei Technologies Co. Ltd. (China), Qualcomm Incorporated (US), Intel Corporation (US), Nordic Semiconductor (Norway), Sanechips Co. Ltd. (China), Samsung Group (South Korea), MediaTek Inc. (Taiwan), Sercomm Corporation (Taiwan), Xiamen Cheerzing IOT Technology Co. Ltd. (China), u-blox Holding AG (Switzerland), Telit Communications PLC (UK), Quectel Wireless Solutions Co., Ltd (China), and Sequans Communications S.A.(France).
Research Coverage:
This research report categorizes the NB-IoT chipsetmarket based on deployment-type, device, vertical, and geography. It describes the major drivers, restraints, challenges, and opportunities pertaining to the NB-IoT chipset market and forecasts the same till 2025.
Key Benefits of Buying the Report
The report would help leaders/new entrants in this market in the following ways:
This report segments the NB-IoT chipset market comprehensively and provides the closest market size projection for all sub segments across different regions.
The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for market growth.
The report would help stakeholders to understand country-wise precise deployment of NB-IoT technology with recent case studies and upcoming use cases.
This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitive leadership mapping, along with the key growth strategies adopted by major market players—product launch, acquisition, collaboration, and partnership.
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Narrowband Internet-of-Things (IoT) Chipset Market to Enable Network Connectivity between a wide variety of devices and services by 2025
Narrowband Internet-of-Things (IoT) Chipset Market: Overview
NB-IoT, which is being designed exclusively for the purpose of IoT communication, does have a dominating technological performance and dominant service capabilities over the existing M2M technologies. The requirement of NB-IoT in 200 kHz frequency makes it easier to fully utilize the operators’ scattered spectrum. This would provide a support capability, which is 100 times as many connections compared to 4G connectivity. It has a sensitivity that is 100 times higher compared to that of 2G and it can increase the battery life of IoT devices increased up to 10 years.NB-IoT chipset also have low device unit cost and better network scalability.
Thus, they can be used extensively across various industry applications.Thus, the rise in demand for smart appliances such as connected LED bulbs and connected temperature sensing devices is expected to create growth opportunities for NB-IoT chipset manufacturers during the forecast period. The Narrowband IoT chipset market is expected to expand significantly in the next few years, as low speed reliable data transfer and high level of reliability are anticipated to replace turbo codes with the convolutional codes for the purpose of downlink transmissions. With technological advancement in smart appliances and smart metering segment with higher adoption of Guardband deployment are fueling the growth of the Narrowband Internet-of-Things Chipset market.
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Narrowband Internet-of-Things (IoT) Chipset Market: Segmentation
Based on deployment, the market has been segmented into three types Guardband, Inband, Standalone .A guard band is a tapered frequency distribution range which separates two wider ranges of frequency. This actually ensures that concurrently used telecommunication channels does not experience any kind of interference, which should actually result in a declined quality for both types of transmissions.The growing demand of NB-IoT in Smart appliances and smart metering is actually driving the market.The guardband concept is applied to both wired and wireless communications. It also helps to simplify the process of signal filtering for software, hardware or both. The market of guardband is anticipated to witness a high growth rate during the forecast period owing to its capability of reduced turnaround time during high network traffic .In addition to that, An inband management is involved in managing devices using the common protocol such as telnet or Secure Shell(SSH), for the purpose of operating network service securely over an unsecured network.
The growing adoption of Guardband and Inband deployment in different smart applications is expected to drive the market in the forecasted period.Based on application, the market is segmented into seven segments they are like trackers, wearable devices, smart appliances, smart metering, alarms, detectors and others.Geographically, the Narrowband Internet-of-Things Chipset market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The market for NB-IoT chipsets has been provided in (USD million) in terms of revenue and the CAGR for the forecast period of 2017 to 2025.
Narrowband Internet-of-Things (IoT) Chipset Market: Scope of the Report
The key players in the Narrowband Internet-of-Things Chipset market have been competitively profiled across the five broad geographic regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of Nb-IoT chipsets. Further, the report includes the market attractiveness analysis of different deployment of NB-IoT chipsets and insight into the major application area of the NB-IoT chipsets.
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The report also provides assessment of different drivers that is impacting the global market, along with the restraints and opportunities that has also been covered under the scope of this report. For each segment (such as deployment type, applications), market dynamics analysis has been provided. All these factors help in determining different trends that has been impacting the overall market growth. Moreover, after taking into consideration all this factors, an extensive analysis of the region wise growth parameters of Narrowband Internet-of-Things Chipset market along with the overall assessment for the forecast period of 2017-2025 has also been provided within this report.
Some of the leading players operating in the market are like Huawei Technologies (China), u-blox Holding AG (Switzerland), Sequans Communications (France), Qualcomm, Inc. (The U.S.), Verizon Communications, Inc. (The U.S.), Altair Semiconductor (Israel), Vodafone Group Plc (United Kingdom), Intel Corporation (The U.S.) and Telefonaktiebolaget L. M. Ericsson (Sweden) among others.
The Narrowband Internet-of-Things (IoT) Chipset market has been segmented as follows:
Narrowband Internet-of-Things (IoT) Chipset Market by Deployment Type
Guardband
Inband
Standalone
Narrowband Internet-of-Things (IoT) Chipset Market by Application
Trackers
Wearable Devices
Smart Appliances
Smart Metering
Alarms
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Narrowband - IoT Market 2018 by Key Players Analysis, Industry Size, Global Trends and Forecast 2023
Market Highlights:
The need for low power consumption and large coverage range of networks are driving the demand for narrowband IoT chipsets. High level of security, compatibility with existing cellular infrastructure, and low cost of devices are fuelling the market growth. The rising initiatives for developing smart cities are creating an opportunity for the growth of narrowband IoT chipset market.
The global narrowband IoT (NB-IoT) chipset market is segmented into component, application, deployment, end-user, and region.
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Key players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
There have been recent mergers and acquisitions among key players, where the business entities expect to strengthen their reach to their customers.
Regional Analysis:
By geography, the market is studied in North America, Europe, Asia Pacific and rest of the world. Among these regions, Asia Pacific is projected to show high growth rate in the forecast period. Increasing demand for advanced technologies in the machine to machine communication and advancements in the system on a chip (SoC) integration in developing countries are driving the market in this region.
On the other hand, Europe is expected to show a decent growth considering the narrowband IoT (NB-IoT) chipset market. The proliferation of IoT devices and demand for advanced communication techniques drive the market in this region. However, North America is expected to hold major market share throughout the forecast period. Increasing adoption of narrowband IoT chipsets across major industry verticals is driving the market in this region.
Study Objectives of Narrowband - IoT Market:
To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Narrowband- IoT Market
To analyze the Narrowband- IoT market based on various factors- supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the Market with respect to the current market size and future prospective
To provide country level analysis of the Market for segment by deployment, Device, Verticals and sub-segments.
To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Narrowband- IoT Market.
Segments:
Global Narrowband- IoT Market has been segmented on the Basis of Deployment, Device and Verticals. The deployment includes Guard Band, In Band and Stand Alone. Device type has been identified as Smart metering, tracker, Alarm &detectors, wearable, tracking among others. Vertical includes Agriculture, Automotive & logistics, Healthcare, IT, Manufacturing, and Energy & Utilities among others.
Intended Audience:
Original equipment manufacturers (OEMs)
Manufacturing Equipment suppliers
Cellular Service providers
Software & Content providers
IoT Service providers
Consumer Electronics
Table of Contents:
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
Continued…
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Narrowband IOT Chipset Market Comprehensive Analysis and Future Estimations 2023
Market Research Future published a research report on “Narrowband IOT Chipset Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Narrowband IoT (NB-IoT) Chipset Market: Synopsis
Market Research Future (MRFR) reports that the global narrowband IoT (NB-IoT) chipset market will generate close to USD 265 Mn by the year 2023. It is projected that the market will post a compound annual growth rate (CAGR) of 60% during 2017 to 2023. NB-IoT chipset has come into lime light on the back of being a low power technology.
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NB-IoT chipsets are gaining a healthy momentum due to their compatibility with exiting LTE infrastructure. Moreover, NB-IoT chipset facilitates global roaming and economies of scale for businesses. NB-IoT is energy-efficient and can be deployed in various applications, which include facility management services, tracking of persons, smart meters, connected industrial appliances, fire alarm among others. Unlike LTE- M1, NB-IoT chipsets have lower bitrates with batter superior link budgets. These chipsets can easily be connected with sensors, which is extremely beneficial in terms of both costs and performance. On the flipside, the high initial cost of developing operating software remains a major constraint.
Segmentation
The segmental analysis of the global Narrowband Iot Chipset Market has been conducted on the basis of component, end-user, deployment, application and region.
By component, the market has been segmented into software, hardware and services. The hardware segment covers two sub-segments, namely modules and others. The services segment covers two sub-segments managed service and professional services. By end-user, the market has been segmented into energy and utility, retail, healthcare, transportation and logistics, agriculture and others. By deployment, the market has been segmented into standalone, in-band and guard band. By application, the market has been segmented into tracker, smart meter, smart appliance, alarms & detector, wearable and others.
Key Players:
The key players profiled by Market Research Future (MRFR) that are operating in the Narrowband IOT Chipset Market are Intel Corporation (the U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Quectel Wireless Solutions Co. Ltd. (China), Qualcomm Technologies Inc., (the U.S.), Vodafone Group plc (the U.K) and others. Other key innovators operating in the global narrowband IoT (NB-IoT) chipset market are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Nordic Semiconductor (Norway), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Sigfox (France), STMicroelectronics (the U.S.), Gemalto (the Netherlands) and others.
Regional Analysis
On the basis of region, the global NB-IoT market has been segmented into Asia Pacific, Europe, North America, and rest of the world (RoW). In terms of revenue, the North America NB-IoT chipset market is expected to remain highly attractive during the forecast period. Countries such as the U.S. and Canada are early adopters of narrowband IoT which is viewed as a major drive of the market growth in the region. Rising demand for long-rang connectivity is also creating growth opportunities for NB-IoT chipset manufacturers present in the region.
Asia Pacific is also expected to present lucrative opportunities to market players in the forthcoming years. IoT boom and adopting of cloud computing is likely to have a positive impact on the APAC NB-IoT chipset market. Growing investment in smart cities in countries such as China, India, Taiwan among others is creating application opportunities for BN-IoT chipsets.
The market in Europe is also expected to witness an impressive growth during the forecast period. In terms of revenue, Europe makes a significant contribution to the global NB-IoT chipset market. Favorable policies and rapid deployment of new network technology in advanced countries in Europe provides an impetus to the market in the region.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Narrowband IoT (NB-IoT) Chipset Market: By Region, 2017-2023
Table 2 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 3 Europe Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 4 Asia Pacific Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 5 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 6 Latin America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 7 Global Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Regions, 2017-2023
Table 8 North America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table 9 Europe Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table10 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table11 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table13 Latin America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Continued…
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Covid-19 Impact on Narrowband IOT Chipset Market 2020 Future Prospects and Competitive Analysis 2020
Covid-19 Impact on Narrowband IOT Chipset Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the Narrowband IoT Chipset Market is marked to exhibit remarkable expansion at a CAGR of 60% during the forecast period of 2017-2023. The Covid-19 Impact on Narrowband IOT Chipset Market is also anticipated to reach the market valuation of USD 265 Mn by the end of the forecast period. Rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors, rapid conversion of metropolitans into smart cities in the developed and developing countries, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors are majorly propelling the growth of the Narrowband IoT Chipset Market during the assessment period.
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Key Players:
The key players profiled by Market Research Future (MRFR) that are operating in the Narrowband IOT Chipset Market are Intel Corporation (the U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Quectel Wireless Solutions Co. Ltd. (China), Qualcomm Technologies Inc., (the U.S.), Vodafone Group plc (the U.K) and others. Other key innovators operating in the global narrowband IoT (NB-IoT) chipset market are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Nordic Semiconductor (Norway), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Sigfox (France), STMicroelectronics (the U.S.), Gemalto (the Netherlands) and others.
Regional Analysis
Geographically, the global narrowband IoT chipset market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the Middle East and Africa. The North America region commands the maximum share of the global narrowband IoT chipset market. The rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors and easy adoption of advanced technology are majorly propelling the growth of the global narrowband IoT chipset market in the North America region. Rapid conversion of metropolitans into smart cities in the emerging economies, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors such as healthcare, retail, transportation and others are fueling the growth of the narrowband IoT chipset market in the Asia Pacific region. High demand for technologically advanced solutions, increased investments for extensive research and development, rise in number of players operating in the global market and rapid improvement in internet connectivity are majorly contributing to the growth of the narrowband IoT chipset market in the Europe region.
Segmentation
The Narrowband IoT Chipset Market has been segmented on the basis of component, device, deployment, and end-user. Based on component, the global narrowband IoT (NB-IoT) chipset market has been segmented into hardware, software, and services. The hardware segment has been sub-segmented into modules and others. The services segment has been further sub-segmented into professional services and managed services. Based on applications, the global narrowband IoT (NB-IoT) chipset market has been segmented into alarms & detector, a smart appliance, tracker, wearable, smart meter, and many others. Based on deployment, the global narrowband IoT (NB-IoT) chipset market has been segmented into guard band, in-band, and standalone. Based on end-users, the global narrowband IoT (NB-IoT) chipset market has been segmented into healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Narrowband IoT (NB-IoT) Chipset Market: By Region, 2017-2023
Table 2 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 3 Europe Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 4 Asia Pacific Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 5 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 6 Latin America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 7 Global Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Regions, 2017-2023
Table 8 North America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table 9 Europe Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table10 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table11 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table13 Latin America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Continued…
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Narrowband IOT Chipset Market - Size, Share, Trends, Outlook, and Opportunity Analysis, 2020–2023
Market Research Future published a research report on “Narrowband IOT Chipset Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Narrowband IoT Chipset Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the Narrowband IoT Chipset Market is marked to exhibit remarkable expansion at a CAGR of 60% during the forecast period of 2017-2023. The Narrowband IoT Chipset Market is also anticipated to reach the market valuation of USD 265 Mn by the end of the forecast period. Rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors, rapid conversion of metropolitans into smart cities in the developed and developing countries, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors are majorly propelling the growth of the Narrowband IoT Chipset Market during the assessment period.
Key Players:
The key players profiled by Market Research Future (MRFR) that are operating in the Narrowband IoT Chipset Market are Intel Corporation (the U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Quectel Wireless Solutions Co. Ltd. (China), Qualcomm Technologies Inc., (the U.S.), Vodafone Group plc (the U.K) and others. Other key innovators operating in the global narrowband IoT (NB-IoT) chipset market are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Nordic Semiconductor (Norway), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Sigfox (France), STMicroelectronics (the U.S.), Gemalto (the Netherlands) and others.
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Segmentation
The Narrowband IoT Chipset Market has been segmented on the basis of component, device, deployment, and end-user. Based on component, the global narrowband IoT (NB-IoT) chipset market has been segmented into hardware, software, and services. The hardware segment has been sub-segmented into modules and others. The services segment has been further sub-segmented into professional services and managed services. Based on applications, the global narrowband IoT (NB-IoT) chipset market has been segmented into alarms & detector, a smart appliance, tracker, wearable, smart meter, and many others. Based on deployment, the global narrowband IoT (NB-IoT) chipset market has been segmented into guard band, in-band, and standalone. Based on end-users, the global narrowband IoT (NB-IoT) chipset market has been segmented into healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Regional Analysis
Geographically, the global narrowband IoT chipset market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the Middle East and Africa. The North America region commands the maximum share of the global narrowband IoT chipset market. The rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors and easy adoption of advanced technology are majorly propelling the growth of the global narrowband IoT chipset market in the North America region. Rapid conversion of metropolitans into smart cities in the emerging economies, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors such as healthcare, retail, transportation and others are fueling the growth of the narrowband IoT chipset market in the Asia Pacific region. High demand for technologically advanced solutions, increased investments for extensive research and development, rise in number of players operating in the global market and rapid improvement in internet connectivity are majorly contributing to the growth of the narrowband IoT chipset market in the Europe region.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Narrowband IoT (NB-IoT) Chipset Market: By Region, 2017-2023
Table 2 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 3 Europe Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 4 Asia Pacific Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 5 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 6 Latin America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 7 Global Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Regions, 2017-2023
Table 8 North America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table 9 Europe Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table10 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table11 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table13 Latin America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Continued…
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Narrowband Internet-of-Things (IoT) Chipset Market Innovations in IoT Services to Bolster Growth by 2025
Global Narrowband Internet-of-Things (IoT) Chipset Market: Snapshot
Narrowband IoT refers to a low power wide area network technology that has been developed to enable network connectivity between a wide variety of devices and services. Narrowband IoT connects devices in a simpler and more efficient manner in an already recognized mobile network. It handles small amount of fairly irregular 2-way transmission data in a more secure and reliable manner. The technology is being considered most suitable for communicating with devices that require small volumes of data over long periods of time, typical of devices connected in IoT networks.
NB-IoT provides features such as very low consumption of power, excellent range in underground sites and buildings, easy deployment in existing cellular networks, and lower cost of component. With the rising adoption of the IoT technology in application areas such as smart metering, smart homes, and smart appliances, the demand for NB-IoT chipsets has also increased significantly across the globe. The trend is expected to remain strong over the next few years and the demand for narrowband IoT chipsets is expected to rise at an exponential pace.
Transparency Market Research estimates that the market will exhibit a staggering 37.9% CAGR from 2017 to 2025, rising from a valuation of US$45.0 mn in 2016 to US$793.7 mn by 2025.
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Guardband Mode of Deployment to Witness Strong Demand
In terms of deployment, the global market for NB-IoT chipset is segmented in the report into standalone, guardband, and inband. Of these, the segment of guardband dominated the global market in 2016, accounting for a massive 41.9% share. Guardband is also expected to remain the most preferred mode of deployment of NB-IoT chipsets as this method helps avoid interference between simultaneous communication channels and prevent crosstalk between two different frequency ranges. The segment is expected to exhibit a promising 38.8% CAGR from 2017 to 2025, retaining its position as the leading contributor of revenue to the global market.
Other segments are expected to closely follow in terms of growth rate over the forecast period, with the segment of inband exhibiting a 37.8% CAGR and the segment of standalone NB-IoT chipset deployment expanding at a 36.3% CAGR over the forecast period. Despite high growth rate, the segment of standalone NB-IoT deployment is expected to lose its market share by the end of the forecast period.
Asia Pacific to Remain Most Lucrative Regional Market
In terms of geography, the market for NB-IoT chipset has been segmented in the report into Asia Pacific, North America, Europe, Middle East & Africa (MEA), and Latin America. Of these, the Asia Pacific market held the leading market share in terms of revenue contribution to the global market and is expected to retain its dominance during the forecasted period as well. Expected to exhibit an exponential 43.9% CAGR from 2017 to 2025, the Asia Pacific market for NB-IoT chipset is projected to see a massive increase in its revenue contribution to the global market, from nearly 37.5% in 2016 to 55.2% in 2025, of the overall revenue of the global market.
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The rising demand for deployment of smart meters and the adoption of smart city concept in countries such as China, Singapore, and India are expected to be the key drivers of the NB-IoT technology in the region. Countries such as China and South Korea will further stimulate the market for narrowband IoT chipsets in the region owing to the presence of several manufacturers.
Some of the leading players operating in the global NB-IOT market are Huawei Technologies (China), Qualcomm, Inc. (The U.S.), u-blox Holding AG (Switzerland), Altair Semiconductor (Israel), Sequans Communications (France), Intel Corporation (The U.S.), Verizon Communications, Inc. (The U.S.), Telefonaktiebolaget L. M. Ericsson (Sweden), and Vodafone Group Plc (United Kingdom).
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Narrowband IOT (NB-IOT) Chipset Market Growth Rate, Business Strategy, Key Trends and Revenue Analysis 2023
Market Highlights
The need for low power consumption and large coverage range of networks are driving the demand for narrowband IoT chipsets. High level of security, compatibility with existing cellular infrastructure, and low cost of devices are fuelling the market growth. The rising initiatives for developing smart cities are creating an opportunity for the growth of Narrowband Iot Chipset Market.
The global narrowband IoT (NB-IoT) chipset market is segmented into component, application, deployment, end-user, and region.
Key Players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
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Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
Segmentation
The global narrowband IoT (NB-IoT) chipset market has been segmented on the basis of component, device, deployment, and end-user. Based on component, the global narrowband IoT (NB-IoT) chipset market has been segmented into hardware, software, and services. The hardware segment has been sub-segmented into modules and others. The services segment has been further sub-segmented into professional services and managed services. Based on applications, the global narrowband IoT (NB-IoT) chipset market has been segmented into alarms & detector, a smart appliance, tracker, wearable, smart meter, and many others. Based on deployment, the global narrowband IoT (NB-IoT) chipset market has been segmented into guard band, in-band, and standalone. Based on end-users, the global narrowband IoT (NB-IoT) chipset market has been segmented into healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Regional Analysis
Geographically, the global narrowband IoT chipset market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the Middle East and Africa. The North America region commands the maximum share of the global narrowband IoT chipset market. The rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors and easy adoption of advanced technology are majorly propelling the growth of the global narrowband IoT chipset market in the North America region. Rapid conversion of metropolitans into smart cities in the emerging economies, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors such as healthcare, retail, transportation and others are fueling the growth of the narrowband IoT chipset market in the Asia Pacific region. High demand for technologically advanced solutions, increased investments for extensive research and development, rise in number of players operating in the global market and rapid improvement in internet connectivity are majorly contributing to the growth of the narrowband IoT chipset market in the Europe region.
Intended Audience
Research Organizations
Chipset manufacturers
System integrators
Software developers
Testing
Government
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TABLE OF CONTENTS
1 Executive Summary
2 The Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Narrowband IoT (NB-IoT) Chipset Market
5 Vertical Overview Of Global Narrowband IoT (NB-IoT) Chipset Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Continued…
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Narrowband IOT (NB-IOT) Chipset Market with Focus on Growth Analysis, Key Vendors, Emerging Technologies and Forecast to 2023
Market Synopsis
Narrowband Internet of Things (NB-IoT) is a wireless technology which allows several devices to connect across cellular telecommunication bands. Due to this low power technology, it is majorly deployed in devices operating at low data rates. The major advantages of narrowband IoT chipsets can be deployed as a simple addition of new software to the existing LTE infrastructure, leading to fast development, global roaming, and economies of scale and many others.
NB-IoT chipsets consume less amount of power and are deployed in various applications such as smart meters, facility management services, fire alarms, tracking of persons, connected industrial appliances and many more. When compared to LTE- M1, NB-IoT chipsets has lower bitrates and better link budgets. NB-IoT chipsets can directly connect sensors to the base station which boosts flexibility while lowering costs.
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The increasing demand for long-range connectivity and growing prominence of the machine to machine communication are driving NB-IoT chipset market. The market is fuelled by chipset factors such as power efficiency, flexibility, and wider deployment. However, increased initial costs to develop operating software is hampering the market growth.
Global narrowband IoT (NB-IoT) chipset market is estimated to reach USD 265 million at CAGR 60% through the forecast period 2023
Segmentation
The global Narrowband Iot Chipset Market is segmented into component, device, deployment, end-user, and region. On the basis of component, the segment is further classified into hardware, software, and services. Hardware comprises modules and others. The services can be further classified into professional services and managed services. On the basis of applications, the segment is further classified into alarms & detector, a smart appliance, tracker, wearable, smart meter and many others. On the basis of deployment, the segment is further classified into guard band, in-band, and standalone. The end-users of narrowband IoT chipset market are healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Key Players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
Regional Analysis
The global narrowband IoT (NB-IoT) chipset market is analyzed for North America, Europe, Asia Pacific and rest of the world. North America is anticipated to hold major market share through the forecast period. The early adoption of narrowband IoT in the region along with the presence of major players is driving the market in this region. The increasing demand for long-range connectivity is fuelling the market growth. Asia Pacific is estimated to show a high growth rate during the forecast period. Integration of narrowband IoT technology with cloud computing is driving the market in this region. The rise in the development of smart cities in the developing countries like India, China, and Taiwan are promoting the growth of narrowband IoT chipsets. Europe is one of the key contributors in the narrowband IoT chipset market. The presence of key platters and deployment of new technology across major industry verticals are contributing to the market growth in this region. Additionally, the rising government funding is fuelling the market growth.
Intended Audience
Research Organizations
Chipset manufacturers
System integrators
Software developers
Testing
Government
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TABLE OF CONTENTS
LIST OF FIGURES
FIGURE 1 Global Narrowband IoT (NB-IoT) Chipset Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Narrowband IoT (NB-IoT) Chipset Market
FIGURE 4 Value Chain Of Global Narrowband IoT (NB-IoT) Chipset Market
FIGURE 5 Share Of Global Narrowband IoT (NB-IoT) Chipset Market In 2017, By Country (In %)
FIGURE 6 Global Narrowband IoT (NB-IoT) Chipset Market, 2017-2023,
FIGURE 7 Sub Segments Of Deployment
FIGURE 8 Global Narrowband IoT (NB-IoT) Chipset Market Size By Component, 2017
FIGURE 9 Share Of Global Narrowband IoT (NB-IoT) Chipset Market By Component, 2017 TO 2023
FIGURE 10 Global Narrowband IoT (NB-IoT) Chipset Market Size By Deployment, 2017 TO 2023
FIGURE 11 Share Of Global Narrowband IoT (NB-IoT) Chipset Market By Deployment, 2017 TO 2023
FIGURE 12 Global Narrowband IoT (NB-IoT) Chipset Market Size By Application, 2017 TO 2023
FIGURE 13 Share Of Global Narrowband IoT (NB-IoT) Chipset Market By Application, 2017 TO 2023
FIGURE 14 Global Narrowband IoT (NB-IoT) Chipset Market Size By End-User, 2017 TO 2023
FIGURE 15 Share Of Global Narrowband IoT (NB-IoT) Chipset Market By End-User, 2017 TO 2023
Continued…
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Narrowband IOT (NB-IOT) Chipset Market Analytical Overview, Growth Factors, Demand and Trends Forecast Report till 2023
Market Synopsis
Narrowband Internet of Things (NB-IoT) is a wireless technology which allows several devices to connect across cellular telecommunication bands. Due to this low power technology, it is majorly deployed in devices operating at low data rates. The major advantages of narrowband IoT chipsets can be deployed as a simple addition of new software to the existing LTE infrastructure, leading to fast development, global roaming, and economies of scale and many others.
NB-IoT chipsets consume less amount of power and are deployed in various applications such as smart meters, facility management services, fire alarms, tracking of persons, connected industrial appliances and many more. When compared to LTE- M1, NB-IoT chipsets has lower bitrates and better link budgets. NB-IoT chipsets can directly connect sensors to the base station which boosts flexibility while lowering costs.
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The increasing demand for long-range connectivity and growing prominence of the machine to machine communication are driving NB-IoT chipset market. The market is fuelled by chipset factors such as power efficiency, flexibility, and wider deployment. However, increased initial costs to develop operating software is hampering the market growth.
Global narrowband IoT (NB-IoT) chipset market is estimated to reach USD 265 million at CAGR 60% through the forecast period 2023
Key Players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
Segmentation
The global Narrowband Iot Chipset Market is segmented into component, device, deployment, end-user, and region. On the basis of component, the segment is further classified into hardware, software, and services. Hardware comprises modules and others. The services can be further classified into professional services and managed services. On the basis of applications, the segment is further classified into alarms & detector, a smart appliance, tracker, wearable, smart meter and many others. On the basis of deployment, the segment is further classified into guard band, in-band, and standalone. The end-users of narrowband IoT chipset market are healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Regional Analysis
The global narrowband IoT (NB-IoT) chipset market is analyzed for North America, Europe, Asia Pacific and rest of the world. North America is anticipated to hold major market share through the forecast period. The early adoption of narrowband IoT in the region along with the presence of major players is driving the market in this region. The increasing demand for long-range connectivity is fuelling the market growth. Asia Pacific is estimated to show a high growth rate during the forecast period. Integration of narrowband IoT technology with cloud computing is driving the market in this region. The rise in the development of smart cities in the developing countries like India, China, and Taiwan are promoting the growth of narrowband IoT chipsets. Europe is one of the key contributors in the narrowband IoT chipset market. The presence of key platters and deployment of new technology across major industry verticals are contributing to the market growth in this region. Additionally, the rising government funding is fuelling the market growth.
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Intended Audience
Research Organizations
Chipset manufacturers
System integrators
Software developers
Testing
Government
TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Narrowband IoT (NB-IoT) Chipset Market: By Region, 2017-2023
Table 2 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 3 Europe Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 4 Asia Pacific Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 5 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 6 Latin America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Table 7 Global Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Regions, 2017-2023
Table 8 North America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table 9 Europe Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table10 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table11 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table13 Latin America Narrowband IoT (NB-IoT) Chipset By Deployment Market: By Country, 2017-2023
Table13 Global Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Regions, 2017-2023
Table14 North America Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Country, 2017-2023
Table15 Europe Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Country, 2017-2023
Table16 Asia Pacific Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Country, 2017-2023
Table17 The Middle East & Africa Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Country, 2017-2023
Table18 Latin America Narrowband IoT (NB-IoT) Chipset By Service Model Market: By Country, 2017-2023
Table19 North America Narrowband IoT (NB-IoT) Chipset Market: By Country, 2017-2023
Continued…
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
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Text
Narrowband IOT (NB-IOT) Chipset Market Size, Growth, Key Manufacturer Analysis and Forecast to 2023
Market Synopsis
Narrowband Internet of Things (NB-IoT) is a wireless technology which allows several devices to connect across cellular telecommunication bands. Due to this low power technology, it is majorly deployed in devices operating at low data rates. The major advantages of narrowband IoT chipsets can be deployed as a simple addition of new software to the existing LTE infrastructure, leading to fast development, global roaming, and economies of scale and many others.
NB-IoT chipsets consume less amount of power and are deployed in various applications such as smart meters, facility management services, fire alarms, tracking of persons, connected industrial appliances and many more. When compared to LTE- M1, NB-IoT chipsets has lower bitrates and better link budgets. NB-IoT chipsets can directly connect sensors to the base station which boosts flexibility while lowering costs.
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The increasing demand for long-range connectivity and growing prominence of the machine to machine communication are driving NB-IoT chipset market. The market is fuelled by chipset factors such as power efficiency, flexibility, and wider deployment. However, increased initial costs to develop operating software is hampering the market growth.
Global narrowband IoT (NB-IoT) chipset market is estimated to reach USD 265 million at CAGR 60% through the forecast period 2023
Segmentation
The global Narrowband Iot Chipset Market is segmented into component, device, deployment, end-user, and region. On the basis of component, the segment is further classified into hardware, software, and services. Hardware comprises modules and others. The services can be further classified into professional services and managed services. On the basis of applications, the segment is further classified into alarms & detector, a smart appliance, tracker, wearable, smart meter and many others. On the basis of deployment, the segment is further classified into guard band, in-band, and standalone. The end-users of narrowband IoT chipset market are healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.
Regional Analysis
The global narrowband IoT (NB-IoT) chipset market is analyzed for North America, Europe, Asia Pacific and rest of the world. North America is anticipated to hold major market share through the forecast period. The early adoption of narrowband IoT in the region along with the presence of major players is driving the market in this region. The increasing demand for long-range connectivity is fuelling the market growth. Asia Pacific is estimated to show a high growth rate during the forecast period. Integration of narrowband IoT technology with cloud computing is driving the market in this region. The rise in the development of smart cities in the developing countries like India, China, and Taiwan are promoting the growth of narrowband IoT chipsets. Europe is one of the key contributors in the narrowband IoT chipset market. The presence of key platters and deployment of new technology across major industry verticals are contributing to the market growth in this region. Additionally, the rising government funding is fuelling the market growth.
Key Players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
Get Complete Report @ https://www.marketresearchfuture.com/reports/narrowband-iot-chipset-market-5993
Intended Audience
Research Organizations
Chipset manufacturers
System integrators
Software developers
Testing
Government
TABLE OF CONTENTS
1 Executive Summary
2 The Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Narrowband IoT (NB-IoT) Chipset Market
5 Vertical Overview Of Global Narrowband IoT (NB-IoT) Chipset Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
0 notes