Narrowband IoT (NB-IoT) chipsets are the hardware components that are necessary for building an IoT network and a low-power wide-area network (LPWAN). Narrowband Internet of Things (NB-IoT) is a wireless technology that allows several devices to connect across cellular telecommunication bands. This helps to improve the power consumption, spectrum efficiency, and system capacity of user devices.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to its rapid development of the smart city and smart infrastructure in countries. Increasing perception of IoT in various applications and favourable government policies for NB-IoT chipsets in developing nations such as China and India in this region rises the growth of the NB-IoT chipsets market.
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Some of the key players profiled in the Narrowband IoT (NB-IoT) Chipset Market include Huawei, Qualcomm, Samsung, Nordic Semiconductor, Sequans Communications, Sierra Wireless, u-blox, MediaTek, Vodafone Group PLC, Deutsche Telekom AG, China United Network Communications Group Co., Ltd., Ericsson, and SIMCom.
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