Narrowband IoT (NB-IoT) Chipset Market 2021 Competitive Insights and Precise Outlook - Huawei, Qualcomm, Samsung, Nordic Semiconductor

The research report studies the Narrowband IoT (NB-IoT) Chipset market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary methodologies to consolidate the information in the report.. They have also used the same data to generate the current business scenario.

The Narrowband IoT (NB-IoT) Chipset Market is estimated to grow at a CAGR of about 6.2% during the forecast period 2021-2027.

Top Leading Companies of Global Narrowband IoT (NB-IoT) Chipset Market are 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.

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Regional Analysis:

APAC to account for significant share followed by Europe in NB-IoT chipset market during forecast period

The growing adoption of NB-IoT technology in multiple applications, such as smart meters, smart parking, smart streetlights, and healthcare, is the key factor driving the growth of the NB-IoT chipset market in APAC. China is currently dominating the market in APAC. Favorable government policies and a strong presence of NB-IoT chipsets, modules, and infrastructure providers in China are the prime factors fueling the growth of the market in China.

Industry News and Updates:

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 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.

By Types:

Smart Meters

Smart Parking

Smart Street lighting

By Application(Narrowband IoT (NB-IoT) Chipset)

Energy & Utilities

Infrastructure

Building Automation

Others 

Scope of the Report:

This Narrowband IoT (NB-IoT) Chipset market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading key players encompassing their successful marketing strategies, market contribution, recently developments in both historic and present contexts.

The regions are further sub-divided into:

-North America  – US, Canada, and Mexico
-Europe  – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific  – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America  – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa

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Key Questions Answered in the Global Narrowband IoT (NB-IoT) Chipset Industry Report

What will be the Narrowband IoT (NB-IoT) Chipset market size?
What are the new opportunities?
What is the market share?
What are targeted audiences?
Which are the top players in Narrowband IoT (NB-IoT) Chipset market?
How the competition goes in the future?
Which are the leading countries?
What are the challenges in future?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. Further, it also allows you to do valuable competitor research to get inspiration for marketing the products. When it comes to satisfaction, it is necessary to get definitive idea about what is exactly going in the market. This report exactly provides overall market scenario.

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