Narrowband Internet-of-Things (IoT) Chipset Market

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Narrowband Internet-of-Things (IoT) Chipset Market Emerging Technological Advancement, Future Scope and Business Growth 2031 Date: May 13, 2022 Author: tmrseo

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The global narrowband Internet-of-Things (IoT) chipset market is broadly a몭ected by several factors, such as digitization; 5G implementation; government initiatives, such as smart cities; and increasing applications in consumer electronics, smart monitoring, utilities, wearables, and industrial solutions. NB-IoT, which is being designed exclusively for the purpose of IoT communication, does have a dominant technological performance and service capabilities over existing M2M technologies.

The requirement of NB-IoT in 200 kHz frequency makes it easier to fully utilize the operators’ scattered spectrum.

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Transparency Market Research delivers key insights on the global narrowband Internet-of-Things (IoT) chipset market. In terms of revenue, the global narrowband Internet-of-Things (IoT) chipset market is estimated to expand at a CAGR of 9.5% during the forecast period, owing to numerous factors, regarding which TMR o몭ers thorough insights and forecasts in its report on the global narrowband internet-ofthings (IoT) chipset drive market.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=B&rep_id=23879 Narrowband Internet-of-Things (IoT) chipset Market: Dynamics Narrowband IoT (NB-IoT) is the newest Long Term Evolution (LTE) speci몭cation rati몭ed by the third-generation partner project as one of the LPWA solutions to achieve the objectives of super coverage, low power, low cost, and massive connection. Various LPWA technologies, such as LoRa and SigFox, exist in the market, o몭ering a pro몭cient solution to users. However, a new cellular-based licensed technology, narrowband IoT (NB-IoT), is introduced by 3GPP in Rel-13 in order to abstain the need of new infrastructure (like base station) that is required for proprietary technologies.

According to data from the GSMA, the world is expected to record 3.2 billion cellular IoT connections in 2024. NB- IoT chipsets would help users in a new era for a wide range of IoT applications around the globe, especially those requiring connectivity deep within buildings combined with low power use, such as battery-powered IoT devices that need to operate for long years or longer in the 몭eld. The expansion of low-power wide-area networks around the world is opening the door to massive IoT use cases and applications that were not possible or practical before.

Smart city trial programs are becoming ubiquitous globally, and the connectivity infrastructure is aligning with low power wide area (LPWA) technologies to enable applications, including smart buildings, smart street lighting, and smart metering. A major challenge for smart city application is to deploy a radio-access network that can lower battery, cover a wide area, e몭ciently power low-cost devices, and match di몭erent spectrum allocations of operators. These applications include smart metering, properties monitoring, agriculture, and 몭eet and logistics management. Thus, an increase in smart devices usually work with small amounts of data and are commonly located in challenging places for signals reach is driving the narrowband Internet-of-Things (IoT) chipset market at a signi몭cant pace.

Narrowband Internet-of-Things (IoT) Chipset Market: Prominent Regions In terms of region, the global narrowband Internet-of-Things (IoT) chipset market has been segmented into North America, Europe, South America, Asia Paci몭c, and Middle East & Africa. Asia Paci몭c accounted for a major share of the global narrowband Internet-of-Things (IoT) chipset market. Asia Paci몭c is estimated to account for a major share of the market, in terms of revenue, during the forecast period, owing to huge consumer base and ongoing government initiatives for smart applications and digitization of economies.

The rise in development of new narrow band technologies is a key driver of the global narrowband Internet-of-Things (IoT) chipset market.

Get a Customized Research Report @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=CR&rep_id=23879 Narrowband Internet-of-Things (IoT) Chipset Market: Key Players

Narrowband Internet-of-Things (IoT) Chipset Market: Key Players Key players operating in the global narrowband Internet-of-Things (IoT) chipset market are Huawei Technologies, u-blox Holding AG, Nordic Semiconductor, Samsung, MediaTek, Sercomm, Sequans Communications, Qualcomm, Inc., Verizon Communications, Inc., Altair Semiconductor, Vodafone Group Plc , Intel Corporation, and Ericsson.

Global Narrowband Internet-of-Things (IoT) Chipset Market: Segmentation Narrowband Internet-of-Things (IoT) Chipset Market, by Deployment Guard In-band Standalone Narrowband Internet-of-Things (IoT) Chipset Market, by Application Smart Meters Wearables Trackers Vehicle Telematics Smart Cities Building Automation Smart Appliances Other Devices (Healthcare Devices and Environment Monitoring Devices) Enquiry Before Buying:

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=23879 About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always re몭ects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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