Global Narrowband IoT Chipset Market Growth 2023-2029

Global Narrowband IoT Chipset Market Growth 2023-2029

Need for low-power consumption and low cost is expected to drive the NB-IoT market.

LPI (LP Information)' newest research report, the “Narrowband IoT Chipset Industry Forecast” looks at past sales and reviews total world Narrowband IoT Chipset sales in 2022, providing a comprehensive analysis by region and market sector of projected Narrowband IoT Chipset sales for 2023 through 2029. With Narrowband IoT Chipset sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Narrowband IoT Chipset industry.

This Insight Report provides a comprehensive analysis of the global Narrowband IoT Chipset landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Narrowband IoT Chipset portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Narrowband IoT Chipset market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Narrowband IoT Chipset and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Narrowband IoT Chipset.

The global Narrowband IoT Chipset market size is projected to grow from US$ 66 million in 2022 to US$ 1176.9 million in 2029; it is expected to grow at a CAGR of 1176.9 from 2023 to 2029.

Automotive & transportation is expected to grow at the highest CAGR between 2017 and 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Narrowband IoT Chipset market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware Devices
Software
Service

Segmentation by application
Energy & Utilities
Infrastructure
Building Automation
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Narrowband IoT Chipset market?

What factors are driving Narrowband IoT Chipset market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Narrowband IoT Chipset market opportunities vary by end market size?

How does Narrowband IoT Chipset break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.