Global Narrowband IoT (NB-IoT) Chipset market is expected to reach USD 5,541.45 Million by 2026 at a CAGR of 51.3% during the forecast period from 2019-2026. Rising use of IoT along with increase in use of connected devices and increasing demand for low-power, low-cost, and long-range connectivity technologies are the two factors which may propel growth of the Narrowband IoT (NB-IoT) Chipset market.
Market Overview:
Narrowband IoT (NB‑IoT) is defined as a new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Narrowband IoT is the best in class low-power wide area (LPWA) technology to ease functioning of various new industrial IoT (IIoT) devices, which includes smart parking, wearables, utilities, and industrial solutions. Being a low-power technology, NB-IoT finds its applications in devices and applications that operate at lower data rates. The technology also extends battery life of devices. The NB-IoT module, which deploys the NB-IoT chipset, can operate for more than 10 years using a single-cell primary battery.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Narrowband IoT (NB-IoT) Chipset Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The Narrowband IoT (NB-IoT) Chipset market is segmented on the basis of deployment type, vertical and device.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific region dominated the global Narrowband IoT (NB-IoT) Chipset market with USD 83.31 Million in 2018 where as the North America rapidly growing region in the market.
Global Narrowband IoT (NB-IoT) Chipset Market Competitive Analysis:
Key players in the Narrowband IoT (NB-IoT) Chipset market are Huawei Technologies Co. Ltd., Qualcomm Incorporated, Intel Corporation, Nordic Semiconductor, Sanechips Co. Ltd., Samsung Group, MediaTek Inc., Sercomm Corporation, Xiamen Cheerzing IOT Technology Co. Ltd., u-blox Holding AG, Telit Communications PLC, Quectel Wireless Solutions Co., Ltd, and Sequans Communications S.A., among others. For instance, 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.
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This study forecasts revenue growth and volume at global, regional, and country levels from 2016 to 2026. Fior Market Research has segmented the global Narrowband IoT (NB-IoT) Chipset market on the basis of below mentioned segments:
Global Narrowband IoT (NB-IoT) Chipset Market, By Deployment Type:
Global Narrowband IoT (NB-IoT) Chipset Market, By Device:
Global Narrowband IoT (NB-IoT) Chipset Market, By Vertical:
Global Narrowband IoT (NB-IoT) Chipset Market, By Regions:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market attractiveness analysis by Deployment Type
4.3.2. Market attractiveness analysis by Device
4.3.3. Market attractiveness analysis by Vertical
4.3.4. Market attractiveness analysis by Region
4.4. Device Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising use of IoT and increase in use of connected devices
5.2.2. Increasing demand for low-power, low-cost, and long-range connectivity technologies
5.2.3. Growing participation of industry players in development of NB-IoT
5.2.4. Widening applications of NB-IoT technology
5.3. Restraints
5.3.1. Tough competition from other LPWA technologies
5.3.2. Issues related to privacy and security
5.4. Opportunities
5.4.1. Emerging smart cities and smart buildings
5.5. Challenges
5.5.1. Limited to low-speed data transmission applications
6. Global Narrowband IoT (NB-IoT) Chipset Market Analysis and Forecast, By Deployment Type
6.1. Segment Overview
6.2. Stand-Alone
6.3. Guard Band
6.4. In-Band
7. Global Narrowband IoT (NB-IoT) Chipset Market Analysis and Forecast, By Device
7.1. Segment Overview
7.2. Smart Parking
7.3. Smart Meters
7.4. Trackers
7.5. Alarms and Detectors
7.6. Smart Streetlights
7.7. Smart Appliances
7.8. Wearable Devices
7.9. Other Devices
8. Global Narrowband IoT (NB-IoT) Chipset Market Analysis and Forecast, By Vertical
8.1. Segment Overview
8.2. Agriculture
8.3. Automotive and Transportation
8.4. Energy and Utilities
8.5. Healthcare
8.6. Manufacturing
8.7. Safety and Security
8.8. Infrastructure
8.9. Building Automation
8.10. Consumer Electronics
9. Global Narrowband IoT (NB-IoT) Chipset Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Sweden
9.3.4. Netherlands
9.3.5. U.K.
9.3.6. Italy
9.3.7. Spain
9.3.8. Turkey
9.3.9. Switzerland
9.3.10. Belgium
9.3.11. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Singapore
9.4.7. Malaysia
9.4.8. Thailand
9.4.9. Indonesia
9.4.10. Philippines
9.4.11. Rest of Asia-Pacific
9.5. South America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Colombia
9.5.4. Rest of South America
9.6. Middle East and Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Egypt
9.6.4. Nigeria
9.6.5. South Africa
9.6.6. Rest of Middle East and Africa
10. Global Narrowband IoT (NB-IoT) Chipset Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Narrowband IoT (NB-IoT) Chipset Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Huawei Technologies Co. Ltd.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Qualcomm Incorporated
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Intel Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Nordic Semiconductor
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Sanechips Co. Ltd
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Samsung Group
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. MediaTek Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Sercomm Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Xiamen Cheerzing IOT Technology Co. Ltd
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. u-blox Holding AG
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Telit Communications PLC
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Quectel Wireless Solutions Co., Ltd
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Sequans Communications S.A.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
List of Table
List of Figures
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