Narrowband IoT (NB-IoT) Chipset Market by Deployment By Region – Global Opportunities & Forecast, 2020-2027

 

Global Narrowband IoT Chipset Market

The GMI Research projects that the Narrowband IoT Chipset Market will fuel at a faster rate over the forecast period.  The increasing acquisition of IoT devices and accelerating seepage of the interent are the chief forces that promote the growth of the market.

Request a free sample of this report

Introduction of the Narrowband IoT Chipset Market

Narrowband IoT is the expeditiously growing LPWAN technology which does not functions in the licensed LTE construct. The NB-IoT on a licensed range assists in improving the dependence of users and offers a promising resource allowance required to manage QoS.

Narrowband IoT Chipset Market Dynamics

The increasing involvement of major industrial players in the establishment of NB-IoT and the rising implementation of connected devices are the foremost drivers steering the growth of the Narrowband IoT Chipset Market. The reduced prices of sensors have stimulated the endorsement of IoT across huge organisations. Thus, the growing usage of IoT throughout the nation will further pave the way for market growth. The NB-IoT enables a facilitated communications via superior connectivity; rising inclination for a smart and ecologist planet, and the less energy requirement are the exceptional features attracting extensive end-users towards the market.  Further, the soaring demand for connected devices for a global connectivity is likely to boost the deployment of IoT devices such as smart meters, parking solutions, and livestock supervision tools. Furthermore, the rising number of projects concerned with smart cities and buildings will proffer huge opportunities for the market.

Simultaneously, the robust demand for wearable devices, as a result of the widespread outburst of the coronavirus crisis will stimulate the Narrowband IoT (NB-IoT) Chipset Market Size. Further, the growing M2M communications has complemented the market growth, especially in the industrial sector.

Narrowband IoT Chipset Market Segmentation:

Segmentation by Deployment Type
  • Stand-Alone
  • Guard Band
  • In-Band
Segmentation by Device
  • Smart Parking
  • Smart Meters
  • Trackers
  • Alarms and Detectors
  • Smart Streetlights
  • Smart Appliances
  • Wearable Devices
  • Other Devices
Segmentation by Vertical
  • Agriculture
  • Automotive and Transportation
  • Energy and Utilities
  • Healthcare
  • Manufacturing
  • Safety and Security
  • Infrastructure
  • Building Automation
  • Consumer Electronics
Segmentation by Region:
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • RoW
    • UAE
    • Brazil
    • South Africa
    • Saudi Arabia

About GMI Research

GMI Research renowned market intelligence and consulting organisation is committed to support clients in handling the strategic business problems. Our market perceptions and acumen facilitate our clients with information not recognised by them.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

For more info:

Smart Cards Market

Global Switchgear Market

Infrared Imaging Market

Wi-Fi Chipset Market

Industrial and Commercial LED Lighting Market

Graphic Processing Unit (GPU) Market

Comments

Post a Comment

Popular posts from this blog

Seizing the Europe Smart Home Market Opportunity

Image
 The Europe smart home market presents a vast and promising opportunity for businesses and consumers alike. With advancements in technology, changing lifestyles, and increasing awareness about energy efficiency, the smart home industry in Europe is ripe with potential for growth and innovation. The opportunity in the Europe smart home market stems from several key factors. Firstly, the region boasts a large and affluent consumer base that is increasingly embracing connected technology to enhance their lifestyles. From smart thermostats and lighting systems to security cameras and voice-controlled assistants, the demand for smart home devices is on the rise across the continent. Moreover, supportive regulatory initiatives and incentives aimed at promoting energy efficiency and sustainability are creating a conducive environment for the adoption of smart home technology in Europe. Tax incentives, rebates, and subsidies for energy-efficient home upgrades are encouraging homeowners to inv
Read more

Unlocking Opportunities: GCC Medical Packaging Market Growth in 2024

Image
The GCC medical packaging market is poised for substantial growth in 2024, driven by factors such as technological advancements, increasing healthcare spending, and a focus on patient safety. The region's growing population, coupled with rising demand for quality healthcare services, is fueling the expansion of the medical packaging sector. Let's explore the key drivers and opportunities contributing to the growth of the GCC medical packaging market this year. One of the primary drivers of market growth is the continuous innovation in medical packaging technologies. Companies are investing in advanced packaging materials, designs, and functionalities to meet the evolving needs of healthcare providers and patients. Smart packaging solutions equipped with sensors, RFID tags, and tracking capabilities are enhancing product safety, supply chain visibility, and real-time monitoring. This technological progress is driving the adoption of intelligent packaging solutions and fueling m
Read more

Riding the Wave: India Wireless Earphone Market Surges Amidst Growing Demand

Image
 The India Wireless Earphone Market is witnessing remarkable growth, buoyed by an increasing demand for wireless audio solutions and a shift towards a wireless lifestyle. With consumers seeking convenience, mobility, and superior audio quality, wireless earphones have emerged as a must-have accessory in today's digital age, driving significant market expansion. One of the key drivers of growth in the India Wireless Earphone Market is the rising penetration of smartphones and smart devices. With smartphone ownership becoming ubiquitous across urban and rural areas, there is a growing need for wireless earphones that complement these devices seamlessly. As consumers look for hassle-free connectivity and on-the-go audio solutions, the demand for wireless earphones continues to surge, fueling market growth. Moreover, technological advancements in wireless audio technology are driving market expansion. Innovations such as true wireless earbuds, active noise cancellation, and advanced B
Read more