PORTLAND, OREGON, UNITED STATES, October 28, 2021 /EINPresswire.com/ — Allied Market Research published a report, titled, “Narrowband IoT (NB-IoT) Chipset Market by Component (Hardware (Processor, Memory, and Power Management Unit), and Software), Deployment (Guard, In-band, and Standalone), Application (Smart Meters, Smart Parking, Trackers, Alarms & Detectors, Wearable Devices, and Other Devices), and Industry Vertical (Agriculture, Automotive & Transportation, Energy & Utilities, Healthcare, Infrastructure, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”. The Narrowband IoT (NB-IoT) Chipset Market report doles out the current market analysis during the forecast period. The report offers an explicit study of the global Narrowband IoT (NB-IoT) Chipset Market with detailed analysis of the major factors impacting the market growth. The factors covered in the report take in market dynamics, major segments, key market players, and competitive landscape.
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According to a new report published by Allied Market Research, titled, “Narrowband IoT (NB-IoT) chipset Market by Component, Deployment, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the narrowband IoT (NB-IoT) chipset industry size was valued at $425.0 million in 2020, and is projected to reach at $22,105.6 million by 2030, growing at a CAGR of 52.1% during the forecast period.
The Report Comprises-
• Self-explanatory graphs and tables
• A detailed overview of the global Narrowband IoT (NB-IoT) Chipset Market
• Study of the global Narrowband IoT (NB-IoT) Chipset Market trends along with data from 2020, evaluations for 2021, and assessments of compound annual growth rates (CAGRs) through 2030
• An interpretation of the drivers, opportunities, and restraints
The report provides size and forecast by assessing the global Narrowband IoT (NB-IoT) Chipset Market with various segments categorized on the basis of type, applications, and end-users. Moreover, it also encompasses the geographical market analysis of these segments. Each section is analyzed at the respective regional level to procure a comprehensive understanding of the global Narrowband IoT (NB-IoT) Chipset Market.
Major Players in the Market:
The key players profiled in the report include Huawei Technologies Co. Ltd. (China), Qualcomm Incorporated (U.S.), Intel Corporation (U.S.), Nordic Semiconductor (Norway), Sanechips Co. Ltd. (China), Samsung Group (South Korea), MediaTek Inc. (Taiwan), Sercomm Corporation (Taiwan), u-blox Holding AG (Switzerland), and Sequans Communications S.A.(France). Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the narrowband IoT (NB-IoT) chipset industry.
The competitive scenario of the global Narrowband IoT (NB-IoT) Chipset Market is conferred in the report, offering detailed breakdown on competitive landscape. The frontrunners operating in the Narrowband IoT (NB-IoT) Chipset Market are thoroughly studied to concede their share, position, and competitive strength in the industry. Evaluation of these key players is encompassed in the report to help in offering an exhaustive understanding of these players in the industry. Moreover, the company profile section offers different data points such as company overview, key executives of the organization, prime growth strategies incorporated by the company, novel initiatives or strategies adopted by company to perk up their global position.
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Key points covered by the report:
• How lucrative is the growth opportunity for the Narrowband IoT (NB-IoT) Chipset Market?
• Which are the top companies covered in the Narrowband IoT (NB-IoT) Chipset Market? What are their prime stratagems to strengthen their market position?
• What are the regions studied in the Narrowband IoT (NB-IoT) Chipset Market report? What would be the share of Asia-Pacific, Europe, North America, and LAMEA in this market throughout the forecast period?
• How has COVID-19 impacted the Narrowband IoT (NB-IoT) Chipset Market?
The research report offers clients with an exhaustive study and research based on a broad variety of factual inputs, which mainly take in interviews with industry applicants, consistent statistics, and regional analysis. The in-house industry experts play an important role in mapping out analytic tools and models, fabricated as per the requirement of an industry segment.
COVID-19 Impact Analysis
Providing a micro- and macro-economic analysis, the report offers an overall impact of COVID-19 on the Narrowband IoT (NB-IoT) Chipset Market in detail. The explicit analysis emphasizes on the market share and size, which has clearly depicted the impact that the pandemic has had on the global Narrowband IoT (NB-IoT) Chipset Market in past year and is likely to have in the coming years. At the same time, the report also illustrates the strategies incorporated by the key players in order to fight the unprecedented situation.
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Key Market Segments
• Power Management Unit
• Smart Meters
• Smart Parking
• Alarms & Detectors
• Wearable Devices
• Other Devices
By Industry Vertical
• Automotive & Transportation
• Energy & Utilities
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Pawan Kumar, the CEO of AMR, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.