openPR Logo
Press release

Narrowband Internet of Things Chipset Market Outlook

11-02-2017 10:17 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

​Narrowband internet of things is a low power wide area network technology specially developed for IOT devices, which requires small amount of data for long time. According to International Energy Agency (IEA), which works to ensure reliable, affordable, and clean energy for its 29 member countries estimated that, 14 billion network devices will be enabled globally by 2020. These devices are connected for cost saving, remote control, and many more. Moreover, increasing innovation in IOT services and hardware offers an opportunity to generate a new revenue. For instance, internet connected wearable glasses are used for industrial application, control of IOT application from smart phones, and tablets etc. Hence, this increasing IOT devices and rising IOT innovation are some of the key factors, which drives the narrowband IOT chipset market globally.

Request Sample Copy of this Report ​https://www.coherentmarketinsights.com/insight/request-sample/804

Narrowband Internet of Things Chipset Market Taxonomy

On the basis of devices, the global narrowband internet of things chipset market is classified into:

Trackers
Wearable Devices
Smart Appliances
Smart Metering
Smart Electric
Smart Gas
Smart Water
Alarms and Detectors
Others
Alarm and detectors device segment held the dominating position in 2016 and is projected to maintain its dominance over the forecast period. Moreover, the tracker device segment is expected to grow with largest CAGR in the forecast period. Due to increasing fraudulent activities, the companies have adopted tracking devices, which provides real-time location of the vehicle and shipments.

On the basis of deployment type, the global narrowband internet of things chipset market is classified into:

Guard Band
In-band
Standalone
On the basis of end-use industry, the global narrowband internet of things chipset market is classified into:

Agriculture
Automotive & Transportation
Building Automation
Energy
Healthcare
Infrastructure
Retail
Safety & Security
Others
Infrastructure segment held the dominating position in 2016 and is projected to maintain its dominance throughout the forecast period. Increasing safety concern has become one of the major factors for the growth of the market in infrastructure segment. Adoption of alarm and detector by various industries fuels the market of narrowband IOT chipset globally. Moreover, the automotive and transportation segment is expected to grow with largest CAGR over the forecast period. Increasing installation of vehicle infotainment and telematics application has increased the narrowband IOT chipset market in automotive and transportation segment.

Narrowband Internet of Things Chipset Market Outlook – Asia Pacific holds significant market share

On the basis of geography, global narrowband internet of things chipset market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America narrowband internet of things chipset market held the dominant position in 2016 and is projected to retain dominance over the forecast period.

The U.S and Canada are some of the major countries which drive the market in North America region. According to the SmartAmerica Challenge, increasing support of the U.S government and investment for the adoption of IOT technology in various industries such as utilities, manufacturing, and healthcare are providing a key growth opportunities for narrowband internet of things market in the U.S. The Asia Pacific narrowband IOT chipset market is projected to increase with largest CAGR in the forecast period. India, china, and Japan are some of the major countries driving the market in Asia Pacific region. The investment for smart city projects by the Asia Pacific countries has become one of the major driving factors for growth of the market in the region.

Key Players in the Global Narrowband Internet of Things Chipset Market

Key players operating global narrowband internet of things chipset market include Vodafone Group PLC, Verizon Communications, U-Blox Holding AG, Samsung Electronics, Qualcomm Incorporated, Nokia Corporation, Mistase Communication System, Intel Corporation, Huawei Technologies Co. Ltd., and Ericsson.

For More Information ​https://www.coherentmarketinsights.com/ongoing-insight/narrowband-internet-of-things-chipset-market-804

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, 
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit our news Website: http://www.coherentnews.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Narrowband Internet of Things Chipset Market Outlook here

News-ID: 798050 • Views: 345

More Releases from Coherent Market Insights

Automotive Coating Resin Market Analysis and Forecast 2020: By Keyplayers Allnex …
Don’t Quarantine Your Research, you keep your social distance and we provide you a social DISCOUNT use QUARANTINEDAYS Code in precise requirement and Get FLAT 1000USD OFF on all CMI reports The global automotive coating resin market size is expected to reach US$ 38.4 billion by 2024, and register a CAGR of 5.2% over the forecast period (2019 – 2027). Key Players Some of the prominent players in the global automotive coating resin
Base Metals Market Analysis and Forecast 2020: By Keyplayers McMoRan Copper and …
Don’t Quarantine Your Research, you keep your social distance and we provide you a social DISCOUNT use QUARANTINEDAYS Code in precise requirement and Get FLAT 1000USD OFF on all CMI reports The global base metals market size is expected to witness potential gains in the future, and register a significant CAGR of 5.0% over the forecast period (2019 – 2027). Download Free PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2719 Key Players Some of the key players
Automated Carbon Ceramic Brakes Market Analysis and Forecast 2020: By Keyplayers …
Don’t Quarantine Your Research, you keep your social distance and we provide you a social DISCOUNT use QUARANTINEDAYS Code in precise requirement and Get FLAT 1000USD OFF on all CMI reports Market Overview Carbon ceramic brakes also referred as ceramic composite brakes are used in supercars and high performance vehicles. Ceramic carbon brake pads do not wear down as fast as regular brake pads, due to their material composition. There are two
Influenza Diagnostics Market To See Drastic Growth Post 2020 | Roche Diagnostics …
Influenza (flu) is a contagious disease of the upper respiratory system caused due to influenza virus. The two types of influenza are seasonal and pandemic. There are three main types of seasonal influenza, namely influenza A, B, and C. It is transmitted from public places through sneeze and droplets of infected person who serve as a carrier of the disease. According to the Centers for Disease Control and Prevention (CDC),

All 5 Releases


More Releases for IOT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these