Lewes, DE -- (SBWIRE) -- 09/17/2017 -- NBIOT is a narrow band radio technology designed for the internet of things and is one of a range of Mobile IOT technologies standardized by the third generation partnership project. NBIOT specifically emphasizes on low cost, long battery life of connected devices. NBIOT market is constantly growing to cope up with future cellular IOT. Some common aspects which are there behind the rising of this Narrow Band Radio Market are constant development of technology and the increase of commercial applications.

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This NBIOT market is further focusing on automotive, transportation, healthcare, infrastructure. With the constant need of users NBIOT will be adopted in various applications. Some companies which are already engaged with NBIOT has made some important development for example we can take a look on Huawei Technologies Co. Ltd which released worlds' NBIOT commercial chip in Global MBB forum health at Hong Kong.

Currently North America is dominating the NBIOT market. Asia Pacific is running fast in the market and hopefully will cover other regions very soon. Government agencies are highly promoting IOT with upcoming new development policies. In 2016 India also joined to make a complete makeover of it's 100 cities under the name of The Smart City Project.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Guardband
Inband
Standalone
Other

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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Narrowband Internet-of-Things (IoT) Chipset for each application, including

Trackers
Wearable Devices
Smart Appliances
Smart Metering
Alarms
Detectors
Other