The latest survey on Narrowband IoT Chipset Market is conducted to provide hidden gems performance analysis of Narrowband IoT Chipset to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in Narrowband IoT Chipset market has made companies uncertain about their future outlook as the disturbance in the value chain has made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are Qualcomm (United States), Nordic Semiconductor (Norway), Intel (United States), MediaTek (Taiwan), Huawei (China), HiSilicon (China), Infineon Technologies (Germany), Samsung (South Korea), Texas Instruments (United States), Sony Semiconductor Solutions (Japan), STMicroelectronics (France), NXP Semiconductors (United States), Sierra Wireless (Canada), Sequans Communications (France), Telit Communications (United Kingdom), Gemalto (Netherlands), u-blox (Switzerland), Thundersoft (China), Unisoc (China), Comchip Technology (Taiwan), GCT Semiconductor (South Korea), Others
According to HTF Market Intelligence, the Global Narrowband IoT Chipset Market is expected to see a growth rate of 31.8% from 2023 to 2030.
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Narrowband IoT Chipset Market Overview
Narrowband Internet of Things (NB-IoT) is known as a Low Power Wide Area Network (LPWAN) radio technology standard developed by the 3GPP to enable a wide range of cellular services and devices. The main advantages of narrowband IoT chipsets are deployed as a simple addition of new software to existing LTE infrastructure, leading to fast development, economies of scale, global roaming, and many others. Widening applications of Narrowband IoT technology and increasing participation of various industry players in the development of NB-IoT are among the factors which are fueling the growth of the NB-IoT chipset market. In addition to this, a rise in the use of connected devices and the growing adoption of IoT is further supplementing the growth of the NB-IoT chipset market.
Market Trends
Increasing Participation of Industry Players in Development of NB-IoT
Market Drivers
Increasing adoption of IoT devices in various industries, such as smart cities, smart homes, and industrial automation.
Need for low-power, wide-area connectivity solutions for IoT devices.
Growing deployment of NB-IoT networks by mobile operators around the world.
Government initiatives to promote the adoption of IoT technologies.
Increasing awareness of the benefits of NB-IoT technology among IoT device manufacturers and end users.
Market Opportunities:
Emerging Smart Cities and Smart Buildings
Narrowband IoT Chipset Market Segmentation
Market Analysis by Types: Smart Meters, Smart Parking, Smart Street lighting, Asset Tracking, Wearables, Agriculture
Market Analysis by Applications: Energy & Utilities, Infrastructure, Building Automation, Transportation, Healthcare, Retail, Agriculture, Safety & Security, Others
Know more About Customization @: https://www.htfmarketintelligence.com/enquiry-before-buy/global-narrowband-iot-chipset-market?utm_source=Krati_DailyInvestNews&utm_id=Krati
Important Features that are under offering & key highlights of the Narrowband IoT Chipset market report:
1. Why lots of Key players are not profiled in the Study?
–> The market study is surveyed by collecting data from various companies from Narrowband IoT Chipset industry, and the base for coverage is NAICS standards. However, the study is not limited to profiling only a few companies; connect with sales executives to get a customized list. The standard version of the research report is listed with players like Qualcomm (United States), Nordic Semiconductor (Norway), Intel (United States), MediaTek (Taiwan), Huawei (China), HiSilicon (China), Infineon Technologies (Germany), Samsung (South Korea), Texas Instruments (United States), Sony Semiconductor Solutions (Japan), STMicroelectronics (France), NXP Semiconductors (United States), Sierra Wireless (Canada), Sequans Communications (France), Telit Communications (United Kingdom), Gemalto (Netherlands), u-blox (Switzerland), Thundersoft (China), Unisoc (China), Comchip Technology (Taiwan), GCT Semiconductor (South Korea), Others
2. Does the Scope of the Market Study allow further Segmentation?
—> Yes, for a deep dive analysis add-on segmentation is applicable in a premium customized version of the report to better derive market values. The standard version of this report covers segmentation by Application [Energy & Utilities, Infrastructure, Building Automation, Transportation, Healthcare, Retail, Agriculture, Safety & Security, Others ], by Type [Smart Meters, Smart Parking, Smart Street lighting, Asset Tracking, Wearables, Agriculture], and by regions [In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered , The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa]
3. What level of granularity would the Country landscape cover?
—> In the premium version of the report, two-level of regional segmentations allow user to have access to a country-level break-up of market Size by revenue and volume*
* Wherever applicable
4. Does the Study also provide insights into macroeconomic factors?
—> Yes, the study also includes market factor analysis that includes macroeconomic factors, the inflationary cycle and its impact, and Russia-Ukraine war analysis and its effect on the value/supply chain.
HTF MI provides customized studies specific to regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, Australia, etc.
Reasons to Buy
- Stay tuned with the latest and Narrowband IoT Chipset market research findings
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- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing.
- Facilitate decision-making based on historic and forecast trends of Narrowband IoT Chipset market
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Gain a global perspective on the development of the Narrowband IoT Chipset market
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