Press Release / Technology / Global Narrowband - IoT market Trends, Size, Segments and Growth by Forecast to 2023

Global Narrowband - IoT market Trends, Size, Segments and Growth by Forecast to 2023

Market Highlights:
The need for low power consumption and large coverage range of networks are driving the demand for narrowband IoT chipsets. High level of security, compatibility with existing cellular infrastructure, and low cost of devices are fuelling the market growth. The rising initiatives for developing smart cities are creating an opportunity for the growth of narrowband IoT chipset market.
The global narrowband IoT (NB-IoT) chipset market is segmented into component, application, deployment, end-user, and region.
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Key players:
Some of the key players in the narrowband IoT (NB-IoT) chipset market are Intel Corporation (U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K) and others.
Some of the key innovators are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Nordic Semiconductor (Norway), Sigfox (France), STMicroelectronics (U.S.), Gemalto (the Netherlands) and many others.
There have been recent mergers and acquisitions among key players, where the business entities expect to strengthen their reach to their customers.
Regional Analysis:
By geography, the market is studied in North America, Europe, Asia Pacific and rest of the world. Among these regions, Asia Pacific is projected to show high growth rate in the forecast period. Increasing demand for advanced technologies in the machine to machine communication and advancements in the system on a chip (SoC) integration in developing countries are driving the market in this region.
On the other hand, Europe is expected to show a decent growth considering the narrowband IoT (NB-IoT) chipset market. The proliferation of IoT devices and demand for advanced communication techniques drive the market in this region. However, North America is expected to hold major market share throughout the forecast period. Increasing adoption of narrowband IoT chipsets across major industry verticals is driving the market in this region.
Study Objectives of Narrowband - IoT Market:

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Narrowband- IoT Market
To analyze the Narrowband- IoT market based on various factors- supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the Market with respect to the current market size and future prospective
To provide country level analysis of the Market for segment by deployment, Device, Verticals and sub-segments.
To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Narrowband- IoT Market.

Segments:
Global Narrowband- IoT Market has been segmented on the Basis of Deployment, Device and Verticals. The deployment includes Guard Band, In Band and Stand Alone. Device type has been identified as Smart metering, tracker, Alarm &detectors, wearable, tracking among others. Vertical includes Agriculture, Automotive & logistics, Healthcare, IT, Manufacturing, and Energy & Utilities among others.

Intended Audience:

Original equipment manufacturers (OEMs)
Manufacturing Equipment suppliers
Cellular Service providers
Software & Content providers
IoT Service providers
Consumer Electronics
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Table of Contents:
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
Continued…
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