Narrowband IoT (NB-IoT) Chipset
Narrowband IoT (NB-IoT) Chipset Market size was valued at USD 425 million in 2019 and is poised to grow from USD 646.23 million in 2023 to USD 22105.6 million by 2031, growing at a CAGR of 52.1% in the forecast period (2024-2031).
The Research report on Narrowband IoT (NB-IoT) Chipset Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
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Segmental Analysis
End Use
agriculture, automotive & transportation, energy & utilities, healthcare, and others
component
hardware and software
Market Dynamics
Increasing Adoption of IoT and Connected Devices
The growing number of connected devices and IoT are being adopted along with better battery life. Battery life is an important consideration in the world of IoT devices and other connected devices today. Because modern smartphones are so different from models from just a few years ago, smartphone manufacturers are constantly attempting to improve their device’s battery life. Every year, technologies evolve and become more advanced and sophisticated. As machine-to-machine communications become more common, the market for connected devices is expanding, particularly in the industrial sector. Furthermore, market trends such as IoT have enabled connectivity in virtually every industry, including healthcare, consumer electronics, and retail.
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By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report
• Qualcomm• Huawei• Ericsson• Intel• Samsung Electronics• Nokia• MediaTek• ZTE• Sierra Wireless• U-Blox• Sequans Communications• Altair Semiconductor• Quectel Wireless Solutions• Telit Communications• Nordic Semiconductor• Commsolid GmbH• Amarisoft• Riot Micro• SIMCom Wireless Solutions• Neoway Technology Co., Ltd.
View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/narrowband-iot-nb-iot-chipset-market
The research provides answers to the following key questions:
• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Narrowband IoT (NB-IoT) Chipset Market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Narrowband IoT (NB-IoT) Chipset Market?
• What are the prominent market trends influencing the development of the Narrowband IoT (NB-IoT) Chipset Market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Narrowband IoT (NB-IoT) Chipset Market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?
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We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
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