The Global Narrow Band IoT Chipset Market is projected to reach a value of over USD 3.97 billion by 2027 at a CAGR of around 47.6%.

NarrowBand-Internet of Things (NB-IoT) standard is based on low power wide area (LPWA) technology made for enable a wide range of new IoT devices and services. NB-IoT significantly improves the system capacity, power consumption of user devices, and spectrum efficiency, especially in deep coverage. New physical layer channels and signals are designed to meet the demanding requirement of extended coverage such as deep indoors and rural area.

This technology is supported by all the major mobile equipment, chipset, and module manufacturers. This standard can co-exist with 2G, 3G, and 4G network. In some cases, it is also support for user identity confidentiality, entity authentication, confidentiality, data integrity, and mobile equipment identification.

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NarrowBand IoT Chipset Market: Driver & Opportunity

Market Driver:

  • Increasing Investment by Global Players in NB-IoT

NB-IOT can overcomes the defects such as poor reliability and poor security, with all the advantages like wide area ubiquitous coverage, fast upgrade of existing network, low-power consumption guaranteeing ten years’ battery life, high coupling, low cost terminal, plug and play, high reliability and high carrier-class network security, and unified business platform management. Hence, the global players such as Huawei, SAMSUNG, Vodafone, MediaTek, and many others. These players are investing heavily in this market to restrict others players to capture this attractive market and hence it is expected to drive the market during the forecast period.

Market Opportunity:

  • Increasing Investment in Smart Cities by Developing Countries

With the deployment on 5G, NB-IoT is expected to build a good market in developed countries. Moreover, the advantages such as low power consumption, cost efficient, and wide-range of coverage, this LPWA technology is making economies to invest in the IoT industry. This technology is connecting virtually everywhere which directly impact positively on growing smart city developments and smart building market in developing countries during projected years.

NarrowBand IoT Chipset Market: Key Segments

  • Segmentation based on deployment: Standalone, In-Band, and Guard-Band
  • Segmentation based on application: Trackers, Smart Streetlights, Smart Parking, Smart Meters, Smart Appliances, Wearable Devices, Alarms & Detectors, Pipeline Management, Industrial Asset Management, Patient Monitoring, Home & Building Automation, and Others
  • Segmentation based on component: Hardware, Software, and Services
  • Segmentation based on end use industry: Healthcare, Automotive & Logistics, Energy & Utilities, Retail, Manufacturing, Consumer Electronics, Safety & Security, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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List of the leading companies operating in the Narrow Band IoT Chipset Market include:

  • Qualcomm Technologies, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • SAMSUNG
  • Nordic Semiconductor
  • MediaTek Inc.
  •  Huawei Technologies Co., Ltd.
  •  Altair Semiconductor
  • CommSolid GmbH
  • RIOT MICRO
  • u-blox
  • Sierra Wireless
  • Thales Group
  • Vodafone Limited
  • Deutsche Telekom AG
  • ZTE Corporation
  • Telit
  • SEQUANS
  • Xiamen CHEERZING IoT Technology Co., Ltd


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NarrowBand IoT Chipset Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

NarrowBand IoT Chipset Market, by Deployment

  • Standalone
  • In-Band
  • Guard Band

NarrowBand IoT Chipset Market, by Application

  • Trackers
  • Smart Streetlights
  • Smart Parking
  • Smart Meters
  • Smart Appliances
  • Wearable Devices
  • Alarms & Detectors
  • Pipeline Management
  • Industrial Asset Management
  • Patient Monitoring
  • Home & Building Automation
  • Others

NarrowBand IoT Chipset Market, by Component

  • Hardware
  • Software
  • Services

NarrowBand IoT Chipset Market, by End Use Industry

  • Healthcare
  • Automotive & Logistics
  • Energy & Utilities
  • Retail
  • Manufacturing
  • Consumer Electronics
  • Safety & Security
  • Others


Narrow Band IoT Chipset Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)


Table of Content:

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Investment by Global Players in NB-IoT
      2. Increasing IoT Market and Rising Use of Connected Devices
    3. Restraint
      1. Security Threats
    4. Opportunities
      1. Increasing Investment in Smart Cities by Developing Countries
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL NARROWBAND IOT CHIPSET MARKET BY DEPLOYMENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Standalone
    3. In-Band
    4. Guard Band
  7. GLOBAL NARROWBAND IOT CHIPSET MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Trackers
    3. Smart Streetlights
    4. Smart Parking
    5. Smart Meters
    6. Smart Appliances
    7. Wearable Devices
    8. Alarms & Detectors
    9. Pipeline Management
    10. Industrial Asset Management
    11. Patient Monitoring
    12. Home & Building Automation
    13. Others
  8. GLOBAL NARROWBAND IOT CHIPSET MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Hardware
    3. Software
    4. Services
  9. GLOBAL NARROWBAND IOT CHIPSET MARKET BY END USE INDUSTRY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Healthcare
    3. Automotive & Logistics
    4. Energy & Utilities
    5. Retail
    6. Manufacturing
    7. Consumer Electronics
    8. Safety & Security
    9. Others
  10. GLOBAL NARROWBAND IOT CHIPSET MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Switzerland
      6. Russia
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    1. Qualcomm Technologies, Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. SAMSUNG
    3. Nordic Semiconductor
    4. MediaTek Inc. 
    5.  Huawei Technologies Co., Ltd.
    6.  Altair Semiconductor
    7. CommSolid GmbH
    8. RIOT MICRO
    9. u-blox
    10. Sierra Wireless
    11. Thales Group
    12. Vodafone Limited
    13. Deutsche Telekom AG
    14. ZTE Corporation
    15. Telit
    16. SEQUANS
    17. Xiamen CHEERZING IoT Technology Co., Ltd
    18. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options


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