Narrowband IoT (NB-IoT) Chipset Market Overview & Outlook Report


Posted September 5, 2023 by delvensolutions

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.

 
Market Overview:

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)

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:

Which companies dominate the Narrowband IoT (NB-IoT) Chipset Market?

What current trends will influence the market over the next few years?

What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

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Issued By Delvens
Country India
Categories Blogging , Business , Electronics
Tags market reports , market research , market scope
Last Updated September 5, 2023