Narrowband IoT (NB-IoT) Chipset Market to Witness Huge Growth by Key Players: Qualcomm Incorporated, Intel Corporation, Nordic Semiconductor and others.

According to Market Study Report, Narrowband IoT (NB-IoT) Chipset Market provides a comprehensive analysis of the Narrowband IoT (NB-IoT) Chipset Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Narrowband IoT (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%. This report spread across 174 Pages, Profiling 10 Companies and Supported with 143 Tables and 30 figures are now available in this research.

Top Key Players Profiled in the Narrowband IoT (NB-IoT) Chipset Market:
• 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)
• Sequans Communications S.A.(France)

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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.

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.

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.

Breakdown of primary participants’ profile:
• 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%

Competitive Landscape of Narrowband IoT (NB-IoT) Chipset Market:
1 Overview
2 Market Player Ranking Analysis (2019)
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Scenario
4.1 Product Launches
4.2 Product Developments
4.3 Partnerships And Collaborations

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Research Coverage:
This research report categorizes the NB-IoT chipset market 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.

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