Allied Market Research published a report, titled, “Narrowband IoT (NB-IoT) Chipset Market by Component (Hardware (Processor, Memory, and Power Management Unit), and Software), Deployment (Guard, In-band, and Standalone), Application (Smart Meters, Smart Parking, Trackers, Alarms & Detectors, Wearable Devices, and Other Devices), and Industry Vertical (Agriculture, Automotive & Transportation, Energy & Utilities, Healthcare, Infrastructure, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to a report, the narrowband IoT (NB-IoT) chipset industry size was valued at $425.0 million in 2020, and is projected to reach at $22,105.6 million by 2030, growing at a CAGR of 52.1% during the forecast period.
The report offers a detailed analysis of changing market trends, key segments, major investment pockets, competitive landscape, and investment feasibility.
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The research offers a detailed analysis of driving factors, restraining factors, and opportunities of the global Narrowband IoT (NB-IoT) chipset market. These insights are helpful in determining further strategies and tap on opportunities to achieve long-term growth. Market players, investors, and new entrants can avail these insights for unlocking the huge potential and achieve competitive edge.
Major Players in the Narrowband IoT (NB-IoT) chipset market:
The report provides an extensive analysis of top market players operating in the global Narrowband IoT (NB-IoT) chipset market size. The leading market players discussed in the report include 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), and Sequans Communications S.A.(France).
They offer various strategies such as new product launches, partnerships, joint ventures, mergers and acquisitions, collaborations, expansion, and others to gain long-term growth and make an international presence.
Key Benefits for Stakeholders
- This study comprises analytical depiction of the global Narrowband IoT (NB-IoT) chipset market trends along with the future estimations to depict the imminent investment pockets.
- The overall Narrowband IoT (NB-IoT) chipset market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
- The current Narrowband IoT (NB-IoT) chipset market forecast is quantitatively analyzed from 2020 to 2030 to benchmark financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and the Narrowband IoT (NB-IoT) chipset market share of key vendors.
- The report includes the market trends and the market share of key vendors.
The report provides detailed segmentation of the global Narrowband IoT (NB-IoT) chipset market share based on type, applications, end-user, and region. An extensive analysis of each segment and sub-segment is offered in the report. These insights are represented in tabular and graphical formats. These insights will offer valuable guidance in adopting various strategies to achieve growth and consolidate market position during the forecast period.
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Narrowband IoT (NB-IoT) chipset market: Regional Analysis
The research offers an extensive competitive landscape for the global Narrowband IoT (NB-IoT) chipset market for various regions and countries. Regions analyzed in the research include North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The data and statistics regarding these regions and countries prove to be valuable in identifying strategies and exploring the potential. AMR also offers the customization services for a specific country, region, and segment as per the requirements.
COVID-19 Impact on Narrowband IoT (NB-IoT) chipset market:
The report provides the impact of the Covid-19 pandemic on the global Narrowband IoT (NB-IoT) chipset market growth. These insights are helpful in improvising strategies and reassessing business models to cope up with the pandemic. The major impact of the pandemic includes interruptions in manufacturing processes, disruptions in supply chain, and lack of availability of workforce. Investors and stakeholder can adapt their strategies by determining the investment feasibility as per the changing scenario.
Questions Answered in the Narrowband IoT (NB-IoT) chipset market Research Report
- Which are the leading players active in the Narrowband IoT (NB-IoT) chipset market size?
- What are the detailed impacts of COVID-19 on the market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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Key Market Segments
- Power Management Unit
- Smart Meters
- Smart Parking
- Alarms & Detectors
- Wearable Devices
- Other Devices
By Industry Vertical
- Automotive & Transportation
- Energy & Utilities
Report Covered in 10 Chapters (358+ Pages)
Chapter 2:Executive summary
Chapter 3:MARKET OVERVIEW
Chapter 4:NARROWBAND IOT (NB-IOT) CHIPSET MARKET, BY component
Chapter 5:NARROWBAND IOT (NB-IOT) CHIPSET MARKET, BY deployment
Chapter 6:NARROWBAND IOT (NB-IOT) CHIPSET MARKET, BY application
Chapter 7:NARROWBAND IOT (NB-IOT) CHIPSET MARKET, BY industry vertical
Chapter 8:NARROWBAND IOT (NB-IOT) CHIPSET MARKET, BY Region
Chapter 9:COMPETITIVE LANDSCAPE
Chapter 10:Company profiles
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