Narrowband IoT (NB-IoT) Chipset Market
Narrowband IoT (NB-IoT) Chipset Market Scope: Industry Analysis, Market Size, Growth, Trends Till
2031
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Narrowband IoT (NB-IoT) Chipset Market Size and Growth
The Narrowband IoT (NB-IoT) chipset market is experiencing robust growth, driven by increased demand for IoT applications across various sectors. Expected to reach $5 billion by 2026, key market conditions include advancements in wireless technology, expanded network infrastructure, and a growing emphasis on energy-efficient solutions for connected devices.
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Companies Covered (Covid 19 Impact Covered)
◍ Huawei (China)
◍ Qualcomm (US)
◍ Samsung (South Korea)
◍ Nordic Semiconductor (Norway)
◍ Altair Semiconductor (Sony) (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 (NB-IoT) chipset market features key players like Huawei, Qualcomm, and Samsung, driving innovation and adoption through advanced chipsets for smart devices. Companies leverage NB-IoT for efficient connectivity in IoT applications. Notable revenues include Qualcomm (~$23B) and MediaTek (~$17B), propelling market growth and technological advancements.
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