Narrowband IoT Chipset Market Expectation Surges with Rising Demand and Changing Trends

Global Narrowband IoT Chipset Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include:

Huawei (China)

Qualcomm (United States)

Samsung (South Korea)

Nordic Semiconductor (Norway)

Altair Semiconductor (Sony Group Company) (Israel)

Cheerzing (China)

Sercomm (Taiwan)

SIMCom (China)

Sequans Communications (France)

Sierra Wireless (Canada)

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 Drivers Growing Adoption of IoT and Rise in Use of Connected Devices

Rising Demand for Low-Power, Low-Cost, and Long-Range Connectivity Technologies

Widening Applications of NB-IoT Technology

Market Trend Increasing Participation of Industry Players in Development of NB-IoT

Opportunities Emerging Smart Cities and Smart Buildings

Challenges Long-Tail Ecosystem Consisting of Chipsets, Modules, Devices, and Application Platforms

Limited to Low-Speed Data Transmission Applications

The Narrowband IoT Chipset market study is being classified 20115

Presented By

AMA Research & Media LLP