Narrowband Internet-of-Things (IoT) Chipset Market New Innovations with Technology Advancements and Growth Outlook 2021 to 2027

Global Narrowband Internet-of-Things (IoT) Chipset Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Narrowband Internet-of-Things (IoT) Chipset market size, demand and revenue. The current Narrowband Internet-of-Things (IoT) Chipset market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The global narrowband IoT (NB-IoT) chipset market size was valued at $425.0 million in 2020, and is projected to reach $22,105.6 million by 2030, registering a CAGR of 52.1% from 2021 to 2030. 

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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 Internet-of-Things (IoT) Chipset Market: Huawei, Qualcomm, Samsung, Nordic Semiconductor, Altair Semiconductor, Cheerzing, Sercomm, SIMCom, Sequans Communications, Sierra Wireless, u-blox, ZTE, RDA, MediaTek and others.

Key Developments:

Huawei collaborates with Nowi to combine NB-IoT with energy harvesting tech

Chinese vendor Huawei is collaborating with Dutch semiconductor firm Nowi for the development of a narrowband internet of things solution in which energy harvesting is used to power the NB-IoT system-on-chip indefinitely through a new PMIC and attached solar panel, Huawei said in a release. Huawei said this new offering removes the need for manual intervention or cabling to supply power in applications, with zero maintenance and zero power supply.

23/04/2020: Huawei will commercialize a new NB-IoT Chipset in the fourth quarter of 2020, supports 3GPP R15 stan

Huawei’s chipmaker subsidiary – HiSilicon will commercialize a new NarrowBand-Internet of Things (NB-IoT) chipset named Boudica 200 by the end of 2020. The chipset will support 3GPP R15 standards and offer lower latencies and more integrated features in a smaller form factor, reported DigiTimes.

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). However, these are expected to reduce significantly with growing demand.

Global Narrowband Internet-of-Things (IoT) Chipset Market Split by Product Type and Applications:

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

Stand-Alone

Guard Band

In-Band

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

Trackers

Wearable Devices

Smart Appliances

Smart Metering

Alarms

Detectors

Other

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Regional Analysis For Narrowband Internet-of-Things (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)

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

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What are the market fundamentals that are described in this 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 Internet-of-Things (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.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, researchers throw light on the pinpoint analysis of Global Narrowband Internet-of-Things (IoT) Chipset. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. It also helps to address the risk and challenges in front of the businesses. Furthermore, it offers extensive research on sales approaches.

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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