Narrowband IOT (NB-IOT) Chipset Market Status, Revenue, Growth Rate, Services and Solutions 2023

Market Highlights

The need for low power consumption and large coverage range of networks are driving the demand for narrowband IoT chipsets. High level of security, compatibility with existing cellular infrastructure, and low cost of devices are fuelling the market growth. The rising initiatives for developing smart cities are creating an opportunity for the growth of Narrowband Iot Chipset Market.

The global narrowband IoT (NB-IoT) chipset market is segmented into component, application, deployment, end-user, and region.

Key Players:

Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.

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Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.

Segmentation

The global narrowband IoT (NB-IoT) chipset market has been segmented on the basis of component, device, deployment, and end-user. Based on component, the global narrowband IoT (NB-IoT) chipset market has been segmented into hardware, software, and services. The hardware segment has been sub-segmented into modules and others. The services segment has been further sub-segmented into professional services and managed services. Based on applications, the global narrowband IoT (NB-IoT) chipset market has been segmented into alarms & detector, a smart appliance, tracker, wearable, smart meter, and many others. Based on deployment, the global narrowband IoT (NB-IoT) chipset market has been segmented into guard band, in-band, and standalone. Based on end-users, the global narrowband IoT (NB-IoT) chipset market has been segmented into healthcare, energy and utility, agriculture, retail, transportation and logistics, and others.

Regional Analysis

Geographically, the global narrowband IoT chipset market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the Middle East and Africa. The North America region commands the maximum share of the global narrowband IoT chipset market. The rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors and easy adoption of advanced technology are majorly propelling the growth of the global narrowband IoT chipset market in the North America region. Rapid conversion of metropolitans into smart cities in the emerging economies, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors such as healthcare, retail, transportation and others are fueling the growth of the narrowband IoT chipset market in the Asia Pacific region. High demand for technologically advanced solutions, increased investments for extensive research and development, rise in number of players operating in the global market and rapid improvement in internet connectivity are majorly contributing to the growth of the narrowband IoT chipset market in the Europe region.

Intended Audience

• Research Organizations
• Chipset manufacturers
• System integrators
• Software developers
• Testing
• Government

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TABLE OF CONTENTS

1 Executive Summary

2 The Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Narrowband IoT (NB-IoT) Chipset Market

5 Vertical Overview Of Global Narrowband IoT (NB-IoT) Chipset Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma