Pune, Maharashtra -- (SBWIRE) -- 10/11/2023 -- According to HTF Market Intelligence, the Global Narrowband IoT Chipset market to witness a CAGR of % during the forecast period (2023-2029). The Latest Released Narrowband IoT Chipset Market Research assesses the future growth potential of the Narrowband IoT Chipset market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Narrowband IoT Chipset market.

The Major Players Covered in this Report: Qualcomm (United States), Nordic Semiconductor (Norway), Intel (United States), MediaTek (Taiwan), Huawei (China), HiSilicon (China), Infineon Technologies (Germany), Samsung (South Korea), Texas Instruments (United States), Sony Semiconductor Solutions (Japan), STMicroelectronics (France), NXP Semiconductors (United States), Sierra Wireless (Canada), Sequans Communications (France), Telit Communications (United Kingdom), Gemalto (Netherlands), u-blox (Switzerland), Thundersoft (China), Unisoc (China), Comchip Technology (Taiwan), GCT Semiconductor (South Korea), Others

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Definition:
Narrowband Internet of Things (NB-IoT) is known as a Low Power Wide Area Network (LPWAN) radio technology standard developed by the 3GPP to enable a wide range of cellular services and devices. The main advantages of narrowband IoT chipsets are deployed as a simple addition of new software to existing LTE infrastructure, leading to fast development, economies of scale, global roaming, and many others. Widening applications of Narrowband IoT technology and increasing participation of various industry players in the development of NB-IoT are among the factors which are fueling the growth of the NB-IoT chipset market. In addition to this, a rise in the use of connected devices and the growing adoption of IoT is further supplementing the growth of the NB-IoT chipset market.

Market Trends:
Increasing Participation of Industry Players in Development of NB-IoT

Market Drivers:
Increasing adoption of IoT devices in various industries, such as smart cities, smart homes, and industrial automation.
Need for low-power, wide-area connectivity solutions for IoT devices.
Growing deployment of NB-IoT networks by mobile operators around the world.
Government initiatives to promote the adoption of IoT technologies.
Increasing awareness of the benefits of NB-IoT technology among IoT device manufacturers and end users.

Market Opportunities:
Emerging Smart Cities and Smart Buildings

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Narrowband IoT Chipset market segments by Types: Smart Meters, Smart Parking, Smart Street lighting, Asset Tracking, Wearables, Agriculture
Detailed analysis of Narrowband IoT Chipset market segments by Applications: Energy & Utilities, Infrastructure, Building Automation, Transportation, Healthcare, Retail, Agriculture, Safety & Security, Others

Major Key Players of the Market: Qualcomm (United States), Nordic Semiconductor (Norway), Intel (United States), MediaTek (Taiwan), Huawei (China), HiSilicon (China), Infineon Technologies (Germany), Samsung (South Korea), Texas Instruments (United States), Sony Semiconductor Solutions (Japan), STMicroelectronics (France), NXP Semiconductors (United States), Sierra Wireless (Canada), Sequans Communications (France), Telit Communications (United Kingdom), Gemalto (Netherlands), u-blox (Switzerland), Thundersoft (China), Unisoc (China), Comchip Technology (Taiwan), GCT Semiconductor (South Korea), Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
- -To carefully analyse and forecast the size of the Narrowband IoT Chipset market by value and volume.
- -To estimate the market shares of major segments of the Narrowband IoT Chipset market.
- -To showcase the development of the Narrowband IoT Chipset market in different parts of the world.
- -To analyse and study micro-markets in terms of their contributions to the Narrowband IoT Chipset market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Narrowband IoT Chipset market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Narrowband IoT Chipset market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Key takeaways from the Narrowband IoT Chipset market report:
– Detailed consideration of Narrowband IoT Chipset market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the Narrowband IoT Chipset market-leading players.
– Narrowband IoT Chipset market latest innovations and major procedures.
– Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Narrowband IoT Chipset market for forthcoming years.

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Major highlights from Table of Contents:
Narrowband IoT Chipset Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Narrowband IoT Chipset market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Narrowband IoT Chipset Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Narrowband IoT Chipset Market Production by Region Narrowband IoT Chipset Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Narrowband IoT Chipset Market Report:
- Narrowband IoT Chipset Overview, Definition and Classification Market drivers and barriers
- Narrowband IoT Chipset Market Competition by Manufacturers
- Narrowband IoT Chipset Capacity, Production, Revenue (Value) by Region (2023-2029)
- Narrowband IoT Chipset Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Narrowband IoT Chipset Production, Revenue (Value), Price Trend by Type {Smart Meters, Smart Parking, Smart Street lighting, Asset Tracking, Wearables, Agriculture}
- Narrowband IoT Chipset Market Analysis by Application {Energy & Utilities, Infrastructure, Building Automation, Transportation, Healthcare, Retail, Agriculture, Safety & Security, Others}
- Narrowband IoT Chipset Manufacturers Profiles/Analysis Narrowband IoT Chipset Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Major questions answered:
- What are influencing factors driving the demand for Narrowband IoT Chipset near future?
- What is the impact analysis of various factors in the Global Narrowband IoT Chipset market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Narrowband IoT Chipset market for long-term investment?

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