Narrowband IoT
Chipset Market
Narrowband IoT Chipset Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Narrowband IoT Chipset Market Size and Growth
The Narrowband IoT Chipset market is projected to witness significant growth due to increasing demand for IoT-enabled devices. Technological advancements and rising adoption of smart city solutions are driving market growth. The global Narrowband IoT Chipset market size is expected to reach USD 1.9 billion by 2025.
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Companies Covered (Covid 19 Impact Covered)
◍ Huawei (China)
◍ Qualcomm (US)
◍ Samsung (South Korea),
◍ Nordic Semiconductor (Norway)
◍ Altair Semiconductor (Sony Group Company) (Israel)
◍ Cheerzing (China)
◍ Sercomm (Taiwan)
◍ SIMCom (China)
◍ Sequans Communications (France)
◍ Sierra Wireless (Canada)
◍ u-blox (Switzerland)
◍ ZTE (China)
◍ RDA (China)
◍ MediaTek (Taiwan)
The Narrowband IoT Chipset Market is highly competitive with key players like Huawei, Qualcomm, Samsung, Nordic Semiconductor, Altair Semiconductor, and others. These companies offer NB-IoT chipsets for various applications such as smart meters, wearables, and asset tracking, driving growth in the market.
- Huawei: $122 billion
- Qualcomm: $24.2 billion
- Samsung: $211.7 billion
- Nordic Semiconductor: $363.4 million
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Market Segmentation
By Application
◍ Energy & Utilities
◍ Infrastructure
◍ Building Automation
◍ Other
By Product
◍ Hardware Devices
◍ Software
◍ Service
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Market Growth
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$ X Billion USD
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