NB- IoT Chipset Market Growth, Trends, and Demands Research Report from 2022 – 2028| register a global CAGR of 40.8%

NB- IoT Chipset Market 2022

IoT network has actually taken almost every vertical by storm. With wireless data rates declining, enhancements in various aspects of the IoT technology inclusive of edge computing, sensors, smart homes, wearables are imperative. The indoor settings could be improved upon through Wi-Fi 6. Lower-power wide-area network connectivity is another choice doing the rounds. IoT market would thus go great guns in the upcoming period.

The global NB-IoT chipset market is expected to register a global CAGR of 40.8% during 2018 – 2028, with Western Europe and North America in conjunction accounting for approximately 30% market value shares by the end of the forecast period.

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PMR delivers key insights on the global NB-IoT chipset market in its report titled “NB-IoT chipset Market: Global Industry Analysis 2015 – 2017 and Opportunity Assessment 2018 – 2028.” The global NB-IoT chipset market is expected to be highly attractive in terms of incremental opportunity owing to the high CAGR associated with the market value. On the basis of the deployment model, the in-band segment is expected to register attractive growth over the forecast period in the global NB-IoT chipset market. Moreover, the same segment is also expected to dominate the global NB-IoT chipset market in terms of value throughout the forecast period.

Key Players:

The report has profiled some of the Important players prevalent in the global like – Huawei Technologies Co., Ltd., Intel Corporation, Qualcomm Technologies Co., Ltd., u-Blox Holding AG, ARM Holdings AG, SEQUANS, Nordic Semiconductor, Altair Semiconductor, Sierra Wireless, and Quectel Wireless Solutions and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the NB- IoT Chipset.  

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nb iot chipse market

On the basis of device, the trackers segment is expected to witness growth in terms of value during the forecast period in the global NB-IoT chipset market. Based on the industry vertical, the infrastructure & building automation and automotive & transportation segments are estimated to hold a considerable share in 2018 in terms of market share in the global NB-IoT chipset market.

The global annual revenue from NB-IoT chipsets was valued at US$ 4,832.1 Mn by the end of 2017, which is expected to grow at a significant pace over the coming years. With the progression of time, a declining y-o-y growth trend is expected in the latter half of the forecast period. The dominating regions, i.e., North America, China, SEA & Other of APAC, and Western Europe, are expected to collectively account for a majority share of the global NB-IoT chipset market. The North America NB-IoT chipset market, the APAC (including China and Japan) NB-IoT chipset market, and the Western Europe NB-IoT chipset market are likely to dominate the global NB-IoT chipset market over the forecast period.

Key Stakeholders
NB- IoT Chipset Market Manufacturers
NB- IoT Chipset Market Distributors/Traders/Wholesalers
NB- IoT Chipset Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Key Questions Answered in This Report.

  • What will the Market growth rate in Future?
  • What are the key factors driving the global Market?
  • Who are the key manufacturers in Market space?
  • What are the opportunities and threats faced by the vendors in the global industry?
  • What are sales, revenue, and price analysis by regions of industry?

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