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Detailed examination of the narrowband IoT chipset market forecast to 2022

This report studies Narrowband Internet-of-Things (IoT) Chipset in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.

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NB-IoT, which is being designed exclusively for the purpose of IoT communication, does have a dominating technological performance and dominant service capabilities over the existing M2M technologies. The requirement of NB-IoT in 200 kHz frequency makes it easier to fully utilize the operators' scattered spectrum.

This would provide a support capability, which is 100 times as many connections compared to 4G connectivity. It has a sensitivity that is 100 times higher compared to that of 2G and it can increase the battery life of IoT devices increased up to 10 years.NB-IoT chipset also have low device unit cost and better network scalability.

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Narrowband IoT chipset is referred to a low power wide area radio technology enabling the connection of services and devices through cellular telecommunication bands. This technology is expected to help in enhancing the indoor coverage, lowering power consumption, and decreasing delay sensitivity.

These chipsets also support several devices with a low throughput and help in utilizing resource blocks with LTE carrier. Narrowband IoT chipset technology also helps in connecting devices efficiently along with the capability of managing infrequent and fewer data from both the sides.

The global narrowband IoT chipset market is classified on the basis of application areas, devices, technology, and stationing. In terms of technology, the market has been bifurcated into hardware and software.

The global narrowband IoT chipset market is segmented into standalone, in band, and guard band on the basis of stationing. The key application areas of narrowband IoT chipsets include waste management, safety and security, infrastructure, agriculture, healthcare, automotive and transportation, manufacturing, and automation.

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The key players in the Narrowband Internet-of-Things Chipset market have been competitively profiled across the five broad geographic regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of Nb-IoT chipsets.

Further, the report includes the market attractiveness analysis of different deployment of NB-IoT chipsets and insight into the major application area of the NB-IoT chipsets.

The report also provides assessment of different drivers that is impacting the global market, along with the restraints and opportunities that has also been covered under the scope of this report. For each segment (such as deployment type, applications), market dynamics analysis has been provided.

All these factors help in determining different trends that has been impacting the overall market growth. Moreover, after taking into consideration all this factors, an extensive analysis of the region wise growth parameters of Narrowband Internet-of-Things Chipset market along with the overall assessment for the forecast period of 2017-2025 has also been provided within this report.

One of the primary factors behind the growth of the global narrowband IoT chipset market is the growing demand for cellular Internet of Things network across the globe. The demand for narrowband IoT chipsets is expected to gain momentum in the near future owing to the low cost of components required in it and high penetration of IoT across several sectors.

However, high technological dependence and lack of standardization are expected to act as a road block in the growth of the market.

Region-wise, the global narrowband IoT chipset market is divided into North America, Latin America, Eastern and Western Europe, the Middle East and Africa, and Asia Pacific. North America led the market and is expected to maintain a lead over the next couple of years owing to the huge penetration of internet and investments being made by governments to build smart cities.

The key players operating in the market are Samsung Group, Nokia Networks, Intel Corporation, Verizon Communication, Huawei Technologies Co. Ltd., and CommSolid GmbH among others.

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