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Narrowband IoT (NB-IoT) Chipset Market Research Report - By Offering (Hardware, Software), Device (Alarms & Detector, Smart Appliance, Tracker, Smart Meter, Wearable), Deployment Type (guard, in-band, standalone), End-Use Application, & by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 8537
Pages: 170

Narrowband IoT (NB-IoT) Chipset Market Size and Growth (2020 – 2025)

Narrowband IoT (NB-IoT) chipset market which was valued at USD 19.8 Million in 2019 is now estimated to reach USD 206.43 Million by 2025, growing at a robust growth rate of CAGR 64.66% for the forecasted period of 2020 and 2025. The market is thriving because of the increasing adoption of IoT and growth in network-enabled devices etc.

Scope of the Report:

Report Metric

Details

Market size available for years

2019 - 2025

Base year

2019

Forecast period

2020 - 2025

Segments covered

Offering, Device, Deployment Type, End-Use Application, Geography

Regions covered

North America, APAC, Europe, Latin America and Middle East & Africa

Companies covered

Huawei Technologies Co. Ltd., Ericsson, Vodafone Group PLC, Qualcomm Incorporated, Intel Corporation, Samsung Group, Nokia Networks, Verizon Communication, CommSolid GmBH, U-Blox Holding AG, MistBase AB

Fastest Growing Market

Asia Pacific

Largest Market

North America

CAGR

64.66%

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Drivers & Restraints

Factors favoring the N.B. IoT Chipset market is the increasing rates in the adoption of IoT, the sudden growth and need for the installations of network-enabled devices, and the growing demand for long-range connectivity among the networks, etc. Apart from these, factors such as high reliability of N.B. IoT chipsets, low operational costs involved, and the less power consumption factor of these chipsets are also aiding to the growth of this market globally. However, non-standardised issues and unstable updates are hurting this market.

Recent Industry Developments

March 2019: CEVA Inc., a semiconductor company, has collaborated with an I.C. design company, our link Technology, to launch a Nurlink's NK6010 3GPP Rel.14 eNB-IoT system-on-chip (SoC).

February 2019: STMicroelectronics, a semiconductor manufacturing company, unveiled a Linux-driven STM32MP1 SoC, it's first Cortex-A chip which is optimized for small cells, portable base stations, and specialized handsets.

January 2019: Qualcomm Technologies Inc., an American semiconductor company and a subsidiary of Nasdaq-listed, Qualcomm has recently announced the integration of Qualcomm Snapdragon mobile platform with 5G integrated into a system-on-chip (SoC). The company said adding the 5G multimode modem and application processing technologies in one system-on-a-chip was an essential step in making 5G more widely available in all regions and all levels.

August, 2018: With the updates that implement Lora WAN 1.0.3 specifications recently approved by the Lora-Alliance, STMicroelectronics has updated its I-CUBE-LRWAN extension package for the STM32 family of microcontrollers for an improved Lora WAN experience and helping keep the updates more secure, expanding the possibilities of Internet-of-Things (IoT) applications running on low-power extensive area networks (LPWAN).

June 2018: Qualcomm and Gizwits had collaborated to create the world's first commercial breakthrough in IoT development solutions by working to deliver the world's first commercial 2G cellular modules with LTE IoT field upgrades.

The global Narrowband IoT Chipset Market is segmented and sub-segmented as follows:

  • By Offering – Hardware Software
  • By Device – Alarms & Detector, Trackers, Smart Appliance, Smart Meters, Wearable Devices, and Others
  • By Deployment Type - In-band, Guard band, Standalone
  • By End-Use Application – Agriculture, Automotive & Transportation, Energy, Healthcare, Manufacturing, Retail, Safety & Security, Infrastructure, Building Automation, and Others
  • By Region – North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Among all regions, North America has dominated the global market by accounting for most of the market share and revenue. The U.S. Government's Investment In launching the IoT in various sectors such as infrastructure and public services under programs such as "Smart America," was driving the N.B. chip market in North America IoT and helped it place its position so strong. The deployment of smart cities and smart infrastructures in countries such as China, Japan, and India will contribute to the fastest growth in the Asia-Pacific region over the planned period.

Key Market Players:

The major players in narrowband IoT market are Huawei Technologies Co. Ltd., Ericsson, Vodafone Group PLC, Qualcomm Incorporated, Intel Corporation, Samsung Group, Nokia Networks, Verizon Communication, CommSolid GmBH, U-Blox Holding AG, MistBase AB.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Narrowband IoT Chipset Market, By Offering                             

                                6.1.1 Hardware

                                6.1.2 Software  

                                6.1.3 Market Size Estimations & Forecasts (2020-2025)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Narrowband IoT Chipset Market, By Device                 

                                6.2.1 Alarms & Detectors             

                                6.2.2 Trackers   

                                6.2.3 Smart Appliances 

                                6.2.4 Smart Meters        

                                6.2.5 Wearable Devices

                                6.2.6 Others      

                                6.2.7 Market Size Estimations & Forecasts (2020-2025)   

                                6.2.8 Y-o-Y Growth Rate Analysis             

                                6.2.9 Market Attractiveness Index          

                6.3 Narrowband IoT Chipset Market, By Deployment Type                          

                                6.3.1 In-band    

                                6.3.2 Guard bamd           

                                6.3.3 Standalone             

                                6.3.4 Market Size Estimations & Forecasts (2020-2025)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

                6.4 Narrowband IoT Chipset Market, By End-Use Application                     

                                6.4.1 Agriculture              

                                6.4.2 Automotive & Transportation         

                                6.4.3 Energy      

                                6.4.4 Healthcare              

                                6.4.5 Manufacturing      

                                6.4.6 Retail         

                                6.4.7 Safety & Security  

                                6.4.8 Infrastructure        

                                6.4.9 Building Automation           

                                6.4.10 Others    

                                6.4.11 Market Size Estimations & Forecasts (2020-2025)

                                6.4.12 Y-o-Y Growth Rate Analysis           

                                6.4.13 Market Attractiveness Index        

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2019 - 2025)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Offering             

                                7.2.3 By Device 

                                7.2.4 By Deployment Type          

                                7.2.5 By End-Use Application     

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Offering             

                                7.3.3 By Device 

                                7.3.4 By Deployment Type          

                                7.3.5 By End-Use Application     

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Offering             

                                7.4.3 By Device 

                                7.4.4 By Deployment Type          

                                7.4.5 By End-Use Application     

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Offering             

                                7.5.3 By Device 

                                7.5.4 By Deployment Type          

                                7.5.5 By End-Use Application     

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Offering             

                                7.6.3 By Device 

                                7.6.4 By Deployment Type          

                                7.6.5 By End-Use Application     

8. Key Player Analysis                                    

                8.1 Huawei Technologies Co. Ltd.                             

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Ericsson                        

                8.3 Vodafone Group Plc.                              

                8.4 Qualcomm Incorporated                      

                8.5 Intel Corporation                     

                8.6 Samsung Group                        

                8.7 Nokia Networks                       

                8.8 Verizon                        

                8.9 CommSolid GmBH                   

                8.10 U-Blox Holding AG                

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Global Narrowband IoT Chipset  Market By Region, From 2020-2025 ( USD Million )

  2. Global Narrowband IoT Chipset  Market By Offering, From 2020-2025 ( USD Million )

  3. Global Hardware Market By Region, From 2020-2025 ( USD Million )

  4. Global Software Market By Region, From 2020-2025 ( USD Million )

  5. Global Narrowband IoT Chipset  Market By Device, From 2020-2025 ( USD Million )

  6. Global Alarms & Detectors Market By Region, From 2020-2025 ( USD Million )

  7. Global Trackers Market By Region, From 2020-2025 ( USD Million )

  8. Global Smart Appliance Market By Region, From 2020-2025 ( USD Million )

  9. Global Smart Meters Market By Region, From 2020-2025 ( USD Million )

  10. Global Wearable Devices Market By Region, From 2020-2025 ( USD Million )

  11. Global Others Market By Region, From 2020-2025 ( USD Million )

  12. Global Narrowband IoT Chipset  Market By Deployment Type, From 2020-2025 ( USD Million )

  13. Global In-band Market By Region, From 2020-2025 ( USD Million )

  14. Global Guard Band Market By Region, From 2020-2025 ( USD Million )

  15. Global Standalone Market By Region, From 2020-2025 ( USD Million )

  16. Global Narrowband IoT Chipset  Market By End-Use Application, From 2020-2025 ( USD Million )

  17. Global Agriculture Market By Region, From 2020-2025 ( USD Million )

  18. Global Automotive & Transportation Market By Region, From 2020-2025 ( USD Million )

  19. Global Energy Market By Region, From 2020-2025 ( USD Million )

  20. Global Healthcare Market By Region, From 2020-2025 ( USD Million )

  21. Global Manufacturing Market By Region, From 2020-2025 ( USD Million )

  22. Global Retail Market By Region, From 2020-2025 ( USD Million )

  23. Global Safety & Security Market By Region, From 2020-2025 ( USD Million )

  24. Global Infrastructure Market By Region, From 2020-2025 ( USD Million )

  25. Global Building Automation Market By Region, From 2020-2025 ( USD Million )

  26. Global Others Market By Region, From 2020-2025 ( USD Million )

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