Narrowband IoT (NB-IoT) Chipset Market Size, Status, Precise Outlook 2021 To 2027: Huawei (China), Qualcomm (US), Samsung (South Korea), Nordic Semiconductor (Norway), Altair Semiconductor (Sony) (Israel)

The report presents an in-depth assessment of the Narrowband IoT (NB-IoT) Chipset Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Narrowband IoT (NB-IoT) Chipset from 2021 till 2026. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The NB-IoT chipset market is expected to grow from USD 461 million by 2021 to USD 2,484 million by 2026 at a CAGR of 40.0%.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Narrowband IoT (NB-IoT) Chipset Market: Huawei (China), Qualcomm (US), Samsung (South Korea), Nordic Semiconductor (Norway), Altair Semiconductor (Sony) (Israel), Cheerzing (China), Sercomm (Taiwan), SIMCom (China), Sequans Communications (France), Sierra Wireless (Canada), u-blox (Switzerland), ZTE (China), RDA (China), MediaTek (Taiwan) and others.

Recent Developments:

In February 2019, Nordic Semiconductor’s recently launched nRF9160 System-in-Package (SiP) LTE-M/NB-IoT cellular IoT (CIoT) module is among the first products to be awarded PSA Certified Level 1 certification under a new IoT security initiative spearheaded by Arm.

In February 2019, du, commercially rebranded from UAE-based Emirates Integrated Telecommunications Company (EITC), along with Nokia (Finland), Affirmed Networks (US), and MediaTek, announced the launch of next-generation NB-IoT network based on the latest 3GPP Release 14 standard in the UAE.

In December 2018, Qualcomm Technologies announced its next-generation modems, named Qualcomm 9205 LTE modems, which are purpose-built for IoT applications such as asset trackers, health monitors, security systems, smart city sensors, and smart meters, as well as for a range of wearable trackers. The new modem brings together global multimode LTE category M1 (eMTC) and NB-IoT with 2G/E-GPRS connectivity, application processing, geolocation, hardware-based security, support for cloud services, and accompanying developer tools.

Market Overview:

Narrowband IoT (NB-IoT) chipset is a small electronic device embedded in objects, machines, and electronic devices. The narrowband IoT (NB-IoT) chipset market growth is gaining momentum, owing to multiple benefits associated with the technology such as low power consumption of user devices, high system capacity, and enhanced spectrum efficiency for deep coverage of an area. Currently, costs of NB-IoT chipset are as similar to Global Systems for Mobile (GSM) and General Packet Radio Service (GPRS). 

Global Narrowband IoT (NB-IoT) Chipset Market Split by Product Type and Applications:

This report segments the global Narrowband IoT (NB-IoT) Chipset market on the basis of Types are:

Smart Meters
Smart Parking
Smart Street lighting

On the basis of Application, the Global Narrowband IoT (NB-IoT) Chipset market is segmented into:

Energy & Utilities
Infrastructure
Building Automation
Others

Regional Analysis For Narrowband IoT (NB-IoT) Chipset Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Influence of the Narrowband IoT (NB-IoT) Chipset Market Report:
-Comprehensive assessment of all opportunities and risks in the Narrowband IoT (NB-IoT) Chipset market.
-The detailed study of business strategies for the growth of the Narrowband IoT (NB-IoT) Chipset market-leading players.
-Conclusive study about the growth plot of the Narrowband IoT (NB-IoT) Chipset market for forthcoming years.
-In-depth understanding of Narrowband IoT (NB-IoT) Chipset market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Narrowband IoT (NB-IoT) Chipset market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Narrowband IoT (NB-IoT) Chipset Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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