Narrowband IoT (NB-IoT) Chipset Market

Narrowband IoT (NB-IoT) Chipset Market by Device (Smart Meters, Smart Parking, Smart Street lighting), Deployment Type (Guard, In-Band, Stand-Alone), Vertical (Energy & Utilities, Infrastructure, Building Automation), and Region - Global Forecast to 2024

Report Code: SE 4621 Apr, 2019, by marketsandmarkets.com

[160 Pages Report] The NB-IoT chipset market is expected to grow from USD 272 million by 2019 to USD 2,002 million by 2024 at a CAGR of 49.1%. Widening applications of NB-IoT technology and increasing participation of industry players in the development of NB-IoT are among the factors fueling the growth of the NB-IoT chipset market. In addition, growing adoption of IoT and rise in use of connected devices is further supplementing the growth of the NB-IoT chipset market.

Narrowband IoT Market

Guard band to hold largest size of NB-IoT chipset market based on deployment type

Various benefits of guard band over stand-alone and in-band deployment include the absence for frequency planning and reuse of existing infrastructure including RF modules & antenna. of   Moreover, the requirement of no additional spectrum cost in guard band deployment is further complementing its growth. In July 2018, T-Mobile (US) launched the first nation-wide NB-IoT services in the US through the guard band deployment model

Wearable devices to witness higher growth in NB-IoT chipset market during forecast period

The growing market for wearable devices across healthcare, entertainment, sports and fitness, and various other applications is driving the demand for low-power and highly secure cellular networks such as NB-IoT in wearable devices. The rising demand for personal care diagnostics and growing aging population in developed countries such as Japan, the UK, Germany, and the US drive the demand for wearable devices. In October 2018, Telit (UK) announced the launch of xE310 family of miniature IoT modules. The initial models are planned in LTE-M, NB-IoT, and European 2G bands; the new form factor will enable Telit to meet the growing demand for ultra-small, high-performance modules for wearable medical devices, fitness trackers, industrial sensors, smart metering, and other mass-production, massive deployment applications.

Energy and utilities to hold largest size of NB-IoT chipset market

The implementation of NB-IoT technology is expected to help the energy sector to achieve business objectives. In the coming years, the technology can be deployed for overall plant automation, process optimization, supply chain optimization, increased safety, and integrated business processes, while fulfilling corporate social responsibility. Currently, smart metering is the major application of NB-IoT technology in energy and utilities.

Narrowband IoT Market

APAC to account for significant share followed by Europe in NB-IoT chipset market during forecast period

The growing adoption of NB-IoT technology in multiple applications, such as smart meters, smart parking, smart streetlights, and healthcare, is the key factor driving the growth of the NB-IoT chipset market in APAC. China is currently dominating the market in APAC. Favorable government policies and a strong presence of NB-IoT chipsets, modules, and infrastructure providers in China are the prime factors fueling the growth of the market in China. The major countries contributing to the European NB-IoT chipset market are Germany, Norway, and Spain, among others. In September 2018, Vodafone announced to double the number of European cell sites in its 5G NB-IoT network footprint by the end of 2019.

Key market players

The major companies in the NB-IoT chipset market are 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), and MediaTek (Taiwan). The market has active participation of start-ups. A few emerging start-ups in the market are Riot Micro (Canada) and Commsolid (A Goodix Company) (Germany).

Huawei (China) is the leading player in the NB-IoT chipset market. The company has exhibited a wide range of product offering, strong R&D activity across various countries, and marketing strategies over the past two years Moreover, it has been continually improving its product offering and establishing partnerships with various service providers for carrying out field trials for NB-IoT technology. The company is currently emphasizing on improving its geographic footprint in NB-IoT market by partnering with regional players.

Recent Developments

  • In February 2019, Nordic Semiconductor’s recently launched nRF9160 System-in-Package (SiP) LTE-M/NB-IoT cellular IoT (CIoT) module is among the first products to be awarded PSA Certified Level 1 certification under a new IoT security initiative spearheaded by Arm.
  • In February 2019, du, commercially rebranded from UAE-based Emirates Integrated Telecommunications Company (EITC), along with Nokia (Finland), Affirmed Networks (US), and MediaTek, announced the launch of next-generation NB-IoT network based on the latest 3GPP Release 14 standard in the UAE.
  • In December 2018, Qualcomm Technologies announced its next-generation modems, named Qualcomm 9205 LTE modems, which are purpose-built for IoT applications such as asset trackers, health monitors, security systems, smart city sensors, and smart meters, as well as for a range of wearable trackers. The new modem brings together global multimode LTE category M1 (eMTC) and NB-IoT with 2G/E-GPRS connectivity, application processing, geolocation, hardware-based security, support for cloud services, and accompanying developer tools.

Key questions addressed in report

  • Which are the key applications of NB-IoT chipsets? How big is the opportunity for the growth of the market for these applications in the major economies in the next 5 years?
  • Which are the major companies in the NB-IoT chipset market? What are their major strategies to strengthen their market presence?
  • What was the unit shipment of NB-IoT chipsets in 2017 and 2018? What would it be during 2019–2024?
  • Which are the leading countries in the overall NB-IoT chipset market? What would be the share of APAC, North America, and Europe in this market in the next 5 years?
  • What will be the role of the standards and regulations by governments and associations in the adoption of NB-IoT technology?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
                    2.1.1.1 Key Industry Insights
           2.1.2 Secondary Data
                    2.1.2.1 Major Secondary Sources
                    2.1.2.2 Key Data From Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Primary Interviews With Experts
                    2.1.3.2 Breakdown of Primaries
                    2.1.3.3 Key Data From Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Arriving at Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in NB-IoT Chipset Market
    4.2 NB-IoT Chipset Market in APAC, By Device and Country
    4.3 NB-IoT Chipset Market, By Vertical
    4.4 NB-IoT Chipset Market, By Geography

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Adoption of IoT and Rise in Use of Connected Devices
                    5.2.1.2 Rising Demand for Low-Power, Low-Cost, and Long-Range Connectivity Technologies
                    5.2.1.3 Increasing Participation of Industry Players in Development of NB-IoT
                    5.2.1.4 Widening Applications of NB-IoT Technology
           5.2.2 Restraints
                    5.2.2.1 Stiff Competition From Other Lpwa Technologies
                    5.2.2.2 Privacy and Security Concerns
           5.2.3 Opportunities
                    5.2.3.1 Emerging Smart Cities and Smart Buildings
           5.2.4 Challenges
                    5.2.4.1 Long-Tail Ecosystem Consisting of Chipsets, Modules, Devices, and Application Platforms
                    5.2.4.2 Limited to Low-Speed Data Transmission Applications
    5.3 Case Studies
           5.3.1 Las Vegas Smart City
           5.3.2 China Mobile Deploys Electric Smart Metering
           5.3.3 U-Blox Brings NB-IoT in Brazil
           5.3.4 University of St. Andrews Developing New Smart Tags to Track Seals Using NB-IoT

6 NB-IoT Chipset Market, By Deployment Type (Page No. - 50)
    6.1 Introduction
    6.2 Stand-Alone
           6.2.1 Stand-Alone Deployment Scenario is Considered to Be Costlier Than Other NB-IoT Deployment Scenarios
    6.3 Guard Band
           6.3.1 A Guard Band Option Allows the Use of Spectrum at the Channel Edges of Existing Lte Carriers
    6.4 In-Band
           6.4.1 In-Band Deployment Uses Same Spectrum That is Used in LTE Carrier

7 NB-IoT Chipset Market, By Device (Page No. - 57)
    7.1 Introduction
    7.2 Smart Parking
           7.2.1 Smart Parking Devices are Embedded With Intelligent Sensors and Software
    7.3 Smart Meters
           7.3.1 Energy Suppliers Prefer Smart Meters to Achieve Specific and Automated Billing
    7.4 Trackers
           7.4.1 NB-IoT Applications for Trackers Include Logistic Tracking, Asset Tracking, and Pet Tracking
    7.5 Alarms and Detectors
           7.5.1 Alarms and Detectors are Placed at Ideal Locations at Homes That Constantly Communicate With the NB-IoT Network
    7.6 Smart Streetlights
           7.6.1 Adoption on NB-IoT in Smart Streetlights Application Allows Large-Scale Network Interconnection
    7.7 Smart Appliances
           7.7.1 Smart Appliances are Equipped With Different Sensors and are Embedded With Connectivity Features
    7.8 Wearable Devices
           7.8.1 Most Wearables That Connect Through A Network Dedicated to 3G/4G Or are Tethered Through A Smartphone Have Limited Connectivity
    7.9 Other Devices

8 NB-IoT Chipset Market, By Vertical (Page No. - 68)
    8.1 Introduction
    8.2 Agriculture
           8.2.1 Key Applications of NB-IoT in Agriculture are Irrigation Control, Environmental Sensing, and Animal Tracking
    8.3 Automotive and Transportation
           8.3.1 NB-IoT is Expected to Enable Real-Time Collection of Massive Data From Vehicles
    8.4 Energy and Utilities
           8.4.1 Smart Metering Application is Leading in Energy and Utilities Vertical
    8.5 Healthcare
           8.5.1 Demand to Improve Health Outcomes Through Connected Health is Paving the Way for NB-IoT
    8.6 Manufacturing
           8.6.1 NB-IoT are Likely to Find It Roots in Asset Monitoring, Real-Time Communication, and Connected Logistics Applications
    8.7 Safety and Security
           8.7.1 IoT-Enabled Smart Devices Can Help Government Organizations to Ensure Better Public Safety
    8.8 Infrastructure
           8.8.1 Smart Parking and Smart Streetlights are the Two Key Applications Which are Commercially Deployed on NB-IoT Technology
    8.9 Building Automation
           8.9.1 Development of Smart City Projects Across the World is Escalating the Growth of NB-IoT in Building Automation
    8.10 Consumer Electronics
           8.10.1 NB-IoT Enabled Consumer Electronics are Expected to Be Commercially Available in 2019

9 Geographic Analysis (Page No. - 86)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 Presence of Leading Chipset and Module Manufacturers is Likely to Drive the NB-IoT Market in the US
           9.2.2 Canada
                    9.2.2.1 Domestics Telecom Operators to Play Pivotal Role in Large Scale Adoption on NB-IoT Services in Canada
           9.2.3 Mexico
                    9.2.3.1 NB-IoT Technology is Expected to Be Commercially Available in Mexico By 2019
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Smart Utilities Projects to Drive the NB-IoT Market in Germany
           9.3.2 UK
                    9.3.2.1 Smart City Projects Across the UK to Drive the Growth of NB-IoT
           9.3.3 France
                    9.3.3.1 Stiff Competition From Other Lpwa Technologies Limits the Growth of NB-IoT Technology in France
           9.3.4 Italy
                    9.3.4.1 Partnership With Leading Players in NB-IoT Ecosystem is Supplementing the Growth of NB-IoT Chipset Market in Italy
           9.3.5 Spain
                    9.3.5.1 Vodafone (UK) and Telefonica (Spain) are the Key NB-IoT Service Provider in Spain
           9.3.6 Rest of Europe
    9.4 APAC
           9.4.1 China
                    9.4.1.1 Government Regulations and Presence of Leading NB-IoT Players are the Prime Factors for the Growth of NB-IoT in China
           9.4.2 Japan
                    9.4.2.1 Telecom Companies Especially Softbank, Ntt Docomo, and Kddi are the Leading Players of NB-IoT Technology in Japan
           9.4.3 South Korea
                    9.4.3.1 Strong Investment From Local Telecom Players has Resulted in Adoption of NB-IoT in South Korea
           9.4.4 India
                    9.4.4.1 Smart Metering Applications and Nation-Wide Smart City Projects Pose Lucrative Growth Opportunity for NB-IoT Technology in India
           9.4.5 Rest of APAC
    9.5 RoW
           9.5.1 Middle East and Africa
                    9.5.1.1 Smart Metering Application is Expected to Play A Crucial Role in Adoption of NB-IoT Technology in the Region
           9.5.2 South America
                    9.5.2.1 Brazil and Chile are the Leading Adopters of NB-IoT in South America

10 Competitive Landscape (Page No. - 111)
     10.1 Overview
     10.2 Market Player Ranking Analysis (2018)
     10.3 Competitive Leadership Mapping
             10.3.1 Visionary Leaders
             10.3.2 Dynamic Differentiators
             10.3.3 Innovators
             10.3.4 Emerging Companies
     10.4 Competitive Scenario
             10.4.1 Product Launches
             10.4.2 Product Developments
             10.4.3 Partnerships and Collaborations

11 Company Profiles (Page No. - 119)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     11.1 Key Players
             11.1.1 Huawei
             11.1.2 Qualcomm
             11.1.3 Nordic Semiconductor
             11.1.4 Samsung Electronics
             11.1.5 Intel
             11.1.6 Sanechips Technology (ZTE Microelectronics)
             11.1.7 Mediatek
             11.1.8 Altair Semiconductor (A Sony Group Company)
             11.1.9 Commsolid (A Goodix Company)
             11.1.10 Riot Micro
     11.2 Other Key Players
             11.2.1 Sierra Wireless
             11.2.2 U-Blox
             11.2.3 Sequans Communications
             11.2.4 GCT Semiconductor
             11.2.5 Xiamen Cheerzing IoT Technology
             11.2.6 Telit
             11.2.7 Quectel Wireless Solutions
             11.2.8 Simcom Wireless Solutions (A Sunsea Aiot Company)
             11.2.9 Gemalto
             11.2.10 Sercomm

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 152)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (63 Tables)

Table 1 NB-IoT Chipset Market in Terms of Value and Volume, 2017–2024
Table 2 NB-IoT Network Status in Past 3 Years
Table 3 Top Use-Cases of NB-IoT Technology, By Country
Table 4 NB-IoT Chipset Market, By Deployment Type, 2017–2024 (USD Million)
Table 5 Stand-Alone NB-IoT Chipset Market, By Vertical, 2019–2024 (USD Thousand)
Table 6 Stand-Alone NB-IoT Chipset Market, By Region, 2019–2024 (USD Million)
Table 7 Guard Band NB-IoT Chipset Market, By Vertical, 2017–2024 (USD Million)
Table 8 Guard Band NB-IoT Chipset Market, By Region, 2017–2024 (USD Million)
Table 9 In-Band NB-IoT Chipset Market, By Vertical, 2017–2024 (USD Million)
Table 10 In-Band NB-IoT Chipset Market, By Region, 2017–2024 (USD Million)
Table 11 NB-IoT Chipset Market, By Device, 2017–2024 (USD Million)
Table 12 NB-IoT Chipset Market for Smart Parking, By Region, 2017–2024 (USD Million)
Table 13 NB-IoT Chipset Market for Smart Meters, By Region, 2017–2024 (USD Million)
Table 14 NB-IoT Chipset Market for Trackers, By Region, 2017–2024 (USD Million)
Table 15 NB-IoT Chipset Market for Alarms and Detectors, By Region, 2017–2024 (USD Million)
Table 16 NB-IoT Chipset Market for Smart Streetlights, By Region, 2017–2024 (USD Million)
Table 17 NB-IoT Chipset Market for Smart Appliances, By Region, 2017–2024 (USD Million)
Table 18 NB-IoT Chipset Market for Wearable Devices, By Region, 2017–2024 (USD Million)
Table 19 NB-IoT Chipset Market for Other Devices, By Region, 2017–2024 (USD Million)
Table 20 NB-IoT Chipset Market, By Industry, 2017–2024 (USD Million)
Table 21 NB-IoT Chipset Market for Agriculture, By Application, 2017–2024 (USD Thousand)
Table 22 NB-IoT Chipset Market for Agriculture, By Region, 2017–2024 (USD Thousand)
Table 23 NB-IoT Chipset Market for Agriculture, By Deployment Type, 2017–2024 (USD Million)
Table 24 NB-IoT Chipset Market for Automotive and Transportation, 2017–2024 (USD Million)
Table 25 NB-IoT Chipset Market for Automotive and Transportation, By Region, 2017–2024 (USD Million)
Table 26 NB-IoT Chipset Market for Automotive and Transportation, By Deployment Type, 2017–2024 (USD Million)
Table 27 NB-IoT Chipset Market for Energy and Utilities, By Region, 2017–2024 (USD Million)
Table 28 NB-IoT Chipset Market for Energy and Utilities, By Deployment Type, 2017–2024 (USD Million)
Table 29 NB-IoT Chipset Market for Healthcare, By Region, 2017–2024 (USD Thousand)
Table 30 NB-IoT Chipset Market for Healthcare, By Deployment Type, 2017–2024 (USD Million)
Table 31 NB-IoT Chipset Market for Manufacturing, By Region, 2017–2024 (USD Thousand)
Table 32 NB-IoT Chipset Market for Manufacturing Application, By Deployment Type, 2017–2024 (USD Thousand)
Table 33 NB-IoT Chipset Market for Safety and Security, By Region, 2017–2024 (USD Million)
Table 34 NB-IoT Chipset Market for Safety and Security, By Deployment Type, 2017–2024 (USD Million)
Table 35 NB-IoT Chipset Market for Infrastructure, By Region, 2017–2024 (USD Million)
Table 36 NB-IoT Chipset Market for Infrastructure, By Deployment Type, 2017–2024 (USD Million)
Table 37 NB-IoT Chipset Market for Building Automation, By Type, 2017–2024 (USD Million)
Table 38 NB-IoT Chipset Market for Building Automation, By Region, 2017–2024 (USD Million)
Table 39 NB-IoT Chipset Market for Building Automation, By Deployment Type, 2017–2024 (USD Million)
Table 40 NB-IoT Chipset Market for Consumer Electronics, By Region, 2017–2024 (USD Million)
Table 41 NB-IoT Chipset Market for Consumer Electronics, By Deployment Type, 2017–2024 (USD Million)
Table 42 NB-IoT Chipset Market, By Region, 2017–2024 (USD Million)
Table 43 NB-IoT Chipset Market in North America, By Country, 2017–2024 (USD Million)
Table 44 NB-IoT Chipset Market in North America, By Vertical, 2017–2024 (USD Thousand)
Table 45 NB-IoT Chipset Market in North America, By Device, 2017–2024 (USD Million)
Table 46 NB-IoT Chipset Market in North America, By Deployment Type, 2017–2024 (USD Million)
Table 47 NB-IoT Chipset Market in North America, By Deployment Type, 2017–2024 (Million Units)
Table 48 NB-IoT Chipset Market in Europe, By Country, 2017–2024 (USD Million)
Table 49 NB-IoT Chipset Market in Europe, By Vertical, 2017–2024 (USD Million)
Table 50 NB-IoT Chipset Market in Europe, By Device, 2017–2024 (USD Million)
Table 51 NB-IoT Chipset Market in Europe, By Deployment Type, 2017–2024 (USD Million)
Table 52 NB-IoT Chipset Market in Europe, By Deployment Type, 2017–2024 (Million Units)
Table 53 NB-IoT Chipset Market in APAC, By Country, 2017–2024 (USD Million)
Table 54 NB-IoT Chipset Market in APAC, By Vertical, 2017–2024 (USD Million)
Table 55 NB-IoT Chipset Market in APAC, By Device, 2017–2024 (USD Million)
Table 56 NB-IoT Chipset Market in APAC, By Deployment Type, 2017–2024 (USD Million)
Table 57 NB-IoT Chipset Market in APAC, By Deployment Type, 2017–2024 (Million Units)
Table 58 NB-IoT Chipset Market in RoW, By Region, 2017–2024 (USD Million)
Table 59 NB-IoT Chipset Market in RoW, By Vertical, 2017–2024 (USD Thousand)
Table 60 NB-IoT Chipset Market in RoW, By Device, 2017–2024 (USD Million)
Table 61 NB-IoT Chipset Market in RoW, By Deployment Type, 2017–2024 (USD Million)
Table 62 NB-IoT Chipset Market in RoW, By Deployment Type, 2017–2024 (Million Units)
Table 63 Ranking of Key Players in NB-IoT Chipset Market (2018)


List of Figures (43 Figures)

Figure 1 NB-IoT Chipset Market: Research Design
Figure 2 NB-IoT Chipset Market: Bottom-Up Approach
Figure 3 NB-IoT Chipset Market: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Smart Meters to Hold Largest Share of NB-IoT Chipset Market By 2019
Figure 6 Guard-Band Deployment to Hold Largest Share of NB-IoT Chipset Market By 2019
Figure 7 NB-IoT Chipset Market for Healthcare and Building Automation to Grow at High CAGR During Forecast Period
Figure 8 APAC to Account for Largest Share of NB-IoT Chipset Market During 2019–2024
Figure 9 Increasing Demand for Low-Powered Wide-Range Technology for IoT Applications to Drive NB-IoT Chipset Market Growth From 2019 to 2024
Figure 10 Smart Meters and China to Hold Largest Shares of NB-IoT Chipset Market in APAC By 2024
Figure 11 Energy and Utilities to Hold Largest Share of NB-IoT Chipset Market By 2024
Figure 12 India to Register Fastest CAGR in NB-IoT Chipset Market in APAC During Forecast Period
Figure 13 Evolution of Narrowband-IoT Standardization
Figure 14 Widening Applications of NB-IoT Technology Drives NB-IoT Chipset Market
Figure 15 Smart City Ecosystem
Figure 16 Countries With Key Smart City Projects
Figure 17 NB-IoT Market Ecosystem
Figure 18 NB-IoT Chipset Market for Standalone Deployment to Grow at Highest CAGR During 2019–2024
Figure 19 APAC to Dominate Guard Band NB-IoT Chipset Market During Forecast Period
Figure 20 Smart Meters to Hold Largest Market Size of NB-IoT Chipset Market From 2018 to 2024
Figure 21 APAC to Hold Largest Share of NB-IoT Chipset Market During Forecast Period
Figure 22 NB-IoT Chipset Market for Energy and Utilities to Account for Largest Market Size From 2018 to 2024
Figure 23 North America to Witness Highest CAGR in NB-IoT Chipset Market for Automotive and Transportation During 2019–2024
Figure 24 APAC to Account for Largest Size of NB-IoT Chipset Market for Healthcare During the Forecast Period
Figure 25 Guard Band Deployment to Hold Largest Market of NB-IoT Chipset Market for Safety and Security During the Forecast Period
Figure 26 APAC to Lead the NB-IoT Chipset Market for Building Automation During 2019–2024
Figure 27 Geographic Overview: NB-IoT Chipset Market
Figure 28 US and Canada to Register Significant Growth of All Major Countries in NB-IoT Chipset Market During 2019–2024
Figure 29 Snapshot of NB-IoT Chipset Market in North America
Figure 30 Smart Meters to Hold Largest Share of NB-IoT Chipset Market in North America By 2024
Figure 31 Snapshot of NB-IoT Chipset Market in Europe
Figure 32 Snapshot of NB-IoT Chipset Market in APAC
Figure 33 Energy and Utilities to Hold Largest Share of NB-IoT Chipset Market in APAC During Forecast Period
Figure 34 Snapshot of NB-IoT Chipset Market in RoW
Figure 35 Key Developments in NB-IoT Chipset Market (2016–2019)
Figure 36 NB-IoT Chipset Market (Global) Competitive Leadership Mapping, 2018
Figure 37 Product Launch Was Key Growth Strategy From 2016 to 2019
Figure 38 Huawei: Company Snapshot
Figure 39 Qualcomm: Company Snapshot
Figure 40 Nordic Semiconductor: Company Snapshot
Figure 41 Samsung Electronics: Company Snapshot
Figure 42 Intel: Company Snapshot
Figure 43 Mediatek: Company Snapshot

The study involved 4 major activities in estimating the current size of the NB-IoT chipset market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both, top-down and bottom-up approaches have been employed to estimate the complete market size. In the subsequent steps, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the NB-IoT chipset market begins with capturing data on revenues and unit shipment of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical and commercial study of the NB-IoT chipset market. Moreover, secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the supply chain and value chain of the industry; total pool of key players; classification and segmentation of the market according to industry trends; geographic markets; and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to NB-IoT chipset market. Primary sources from the supply side include experts such as CEOs, VPs, marketing directors, technology and innovation directors, application users, and related executives from various key companies and organizations operating in the NB-IoT chipset ecosystem.

Narrowband IoT Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches have been used to estimate and validate the overall size of the NB-IoT chipset market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:

  • Key players in major applications and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides.

Report Objectives

  • To describe, segment, and forecast the narrowband Internet of Things (NB-IoT) chipset market-in terms of value and volume-by deployment type, device, and vertical
  • To forecast the market for various segments with respect to 4 main regions-North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges, the major factors influencing the growth of the NB-IoT chipset market
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze opportunities in the NB-IoT chipset market for stakeholders and detail the competitive landscape for market players
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies
  • To analyze developments such as product launches, product developments, partnerships and collaborations, agreements, and market development in the NB-IoT Chipset market

Scope of the Report

Report Metric

Details

Market Size Availability Years

2017–2024

Base Year

2018

Forecast Period

2019–2024

Units

Value in USD & volume in million units

Segments Covered

Deployment type, device, vertical

Geographic Regions Covered

North America, APAC, Europe, and RoW

Companies Covered

Huawei (China), Qualcomm (US), Intel (US), Nordic Semiconductor (Norway), Sanechips (China), Samsung (South Korea), MediaTek (Taiwan), Sercomm (Taiwan), Cheerzing (China), u-blox (Switzerland), Telit Communications (UK), Quectel (China), and Sequans Communications (France)

This report categorizes the NB-IoT Chipset market based on deployment type, devices, vertical, and region.

NB-IoT Chipset Market, by Deployment:

  • Stand-Alone
  • Guard Band
  • In-Band

NB-IoT Chipset Market, by Device:

  • Smart Parking
  • Smart Meters
  • Trackers
  • Alarms and Detectors
  • Smart Streetlights
  • Smart Appliances
  • Wearable Devices
  • Other Devices (connected healthcare devices and environment monitoring devices)

NB-IoT Chipset Market, by Vertical:

  • Agriculture
  • Automotive and Transportation
  • Energy and Utilities
  • Healthcare
  • Manufacturing
  • Safety and Security
  • Infrastructure
  • Building Automation
  • Consumer Electronics

NB-IoT Chipset Market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • RoW
    • Middle East & Africa
    • South America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Market segmentation of various verticals across devices.
  • Unit shipments of NB-IoT chipsets by region
  • Comprehensive coverage of regulations followed in each region pertaining to IoT (North America, APAC, Europe, and RoW)

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 4621
Published ON
Apr, 2019
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