Narrowband IoT Chipset Market

Narrowband IoT Chipset Market Size, Share, Growth Analysis, By OFFERING(Hardware, Processor, Memory, Power Management Unit), By DEPLOYMENT(Guard, In-band, Standalone), By APPLICATION(Smart Meters, Smart Parking, Trackers, Alarms & Detectors), By INDUSTRY VERTICAL(Agriculture, Automotive & Transportation, Energy & Utilities, Healthcare) - Industry Forecast 2024-2031


Report ID: UCMIG45H2006 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Narrowband IoT Chipset Market Insights

Market Overview:

The growing interest in LPWAN use cases across verticals, High organization adaptability with GSM, and WCDMA, Extended coverage and long battery life, and low deployment cost are the factors that drive the market growth. The overall driving elements for the Narrowband IoT chipset market are developing interest in Low Power Wide Area Network (LPWAN) use cases across verticals, high arrangement adaptability with GSM, WCDMA, or LTE, extended inclusion and long battery life, low sending cost area portion. Some of the Narrowband IoT Market Opportunities are the rising need for connectivity in IoT applications, emerging smart cities and smart buildings, and the deployment of intelligent devices. In the future, to give huge development openings the rising need for availability in IoT applications, arising shrewd urban areas and keen buildings, and arrangement of savvy gadgets have relied upon.

Narrowband IoT Chipset Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Communications Equipment by segment aggregation, the contribution of the Communications Equipment in Technology Hardware & Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Narrowband IoT Chipset was estimated to be valued at US$ XX Mn in 2021.

The Narrowband IoT Chipset Market is estimated to grow at a CAGR of XX% by 2028.

The Narrowband IoT Chipset Market is segmented on the basis of OFFERING, DEPLOYMENT, APPLICATION, INDUSTRY VERTICAL.

Based on region, the Narrowband IoT Chipset Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Narrowband IoT Chipset Market are Huawei Technologies Co. Ltd. (China), Qualcomm Incorporated (U.S.), Intel Corporation (U.S.), Nordic Semiconductor (Norway), Sanechips Co. Ltd. (China), Samsung Group (South Korea), MediaTek Inc. (Taiwan), Sercomm Corporation (Taiwan), u-blox Holding AG (Switzerland), Sequans Communications S.A.(France).

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Narrowband IoT Chipset Market

Report ID: UCMIG45H2006

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