Market Overview:
The global NB-IoT chips market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for low-power and wide area network (LPWAN) technology for connecting devices across different applications such as utilities, smart city, consumer electronics, logistics transportation, agriculture and environment. Additionally, the growing number of initiatives by governments worldwide for developing smart cities is also fueling the growth of this market.
 Chips Industry Outlook.svg)
Product Definition:
NB-IoT (Narrowband IoT) Chips are semiconductor chips specifically designed to support NB-IoT (Narrowband IoT) technology. These chips are used to provide wireless communication between devices and networks in order to facilitate the collection and transmission of data. The importance of NB-IoT (Narrowband IoT) Chips is that they offer a more reliable and efficient way for devices to communicate with one another, which can be especially beneficial for applications that require low latency or require large amounts of data to be transmitted.
LTE Category M:
LTE category M is a high-speed data service that provides access to the mobile network operators for LTE Advanced. It enables operators to offer peak data rates of up to 5G, with average latencies of less than 1ms. The technology has been adopted by several end-use industries including automotive, healthcare & life sciences and public safety & government which will be covered in this article.
NB-IoT:
Narrowband IoT (NB-IoT) is a low power and wide area networking technology that provides solutions for machine-to-machine data communication. It operates in the 2.4 GHz to 2.4835 GHz frequency range, which is an unlicensed radio band shared with many conventional systems such as Wi-Fi, cordless phones, Bluetooth devices etc.
Application Insights:
The application segment includes utilities, smart city, consumer electronics, logistics transportation, agriculture and environment. The utility segment is expected to dominate the market in terms of revenue share over the forecast period. This can be attributed to growing IoT adoption across various industries such as energy and power generation for asset tracking and monitoring purposes; oil & gas for remote monitoring of power lines; water management systems etc. Furthermore, increasing government initiatives such as Smart City project development in major countries including China Japan France Germany UK are anticipated to propel industry growth over the forecast period.
Regional Analysis:
The market in Canada is expected to witness significant growth over the forecast period owing to increasing adoption of IoT-based technologies. The presence of major telecom service providers such as Telus Communications Inc.; Bell Canada; and SaskTel in the country has led to an increased deployment of NB-IoT technology. Furthermore, growing investments by companies such as Corning Incorporated for developing glass with improved resistance towards climatic changes is anticipated to drive product demand.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 and is estimated to continue its dominance over the forecast period owing to high penetration rates and rising demand from countries such as China, Japan, South Korea, Australia among others. Increasing government initiatives aimed at improving network infrastructure are also driving regional growth.
Growth Factors:
- Increasing demand for NB-IoT chips in the automotive sector for vehicle-to-vehicle and vehicle-to-infrastructure communication.
- Growing demand from the industrial sector for monitoring and tracking of assets and equipment.
- Proliferation of smart city initiatives that will require deployment of large number of low bandwidth sensors and devices.
- Rapid expansion of 5G networks that will provide high bandwidth and low latency connectivity required by NB-IoT devices .
Scope Of The Report
Report Attributes
Report Details
Report Title
NB-IoT (Narrowband IoT) Chips Market Research Report
By Type
LTE Category M, NB-IoT
By Application
Utilities, Smart City, Consumer Electronics, Logistics Transportation, Agriculture and Environment
By Companies
Snapdragon, Hisilicon, RDA, Sanechips, Intel, Altair, Sequans, Nordic, GCT, MTK, SIMPLIGHT, MARVELL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global NB-IoT (Narrowband IoT) Chips Market Report Segments:
The global NB-IoT (Narrowband IoT) Chips market is segmented on the basis of:
Types
LTE Category M, NB-IoT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utilities, Smart City, Consumer Electronics, Logistics Transportation, Agriculture and Environment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Snapdragon
- Hisilicon
- RDA
- Sanechips
- Intel
- Altair
- Sequans
- Nordic
- GCT
- MTK
- SIMPLIGHT
- MARVELL
 Chips Market Overview.svg)
Highlights of The NB-IoT (Narrowband IoT) Chips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LTE Category M
- NB-IoT
- By Application:
- Utilities
- Smart City
- Consumer Electronics
- Logistics Transportation
- Agriculture and Environment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NB-IoT (Narrowband IoT) Chips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Chips Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NB-IoT chips are specifically designed for the NB-IoT network. They have low power consumption and can be used in devices that need to stay connected for long periods of time, such as smart meters or home security systems.
Some of the key players operating in the nb-iot (narrowband iot) chips market are Snapdragon, Hisilicon, RDA, Sanechips, Intel, Altair, Sequans, Nordic, GCT, MTK, SIMPLIGHT, MARVELL.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NB-IoT (Narrowband IoT) Chips Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. NB-IoT (Narrowband IoT) Chips Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NB-IoT (Narrowband IoT) Chips Market - Supply Chain
4.5. Global NB-IoT (Narrowband IoT) Chips Market Forecast
4.5.1. NB-IoT (Narrowband IoT) Chips Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NB-IoT (Narrowband IoT) Chips Market Size (000 Units) and Y-o-Y Growth
4.5.3. NB-IoT (Narrowband IoT) Chips Market Absolute $ Opportunity
5. Global NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Type
5.3.1. LTE Category M
5.3.2. NB-IoT
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
6.3.1. Utilities
6.3.2. Smart City
6.3.3. Consumer Electronics
6.3.4. Logistics Transportation
6.3.5. Agriculture and Environment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global NB-IoT (Narrowband IoT) Chips Demand Share Forecast, 2019-2026
9. North America NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
9.4.1. Utilities
9.4.2. Smart City
9.4.3. Consumer Electronics
9.4.4. Logistics Transportation
9.4.5. Agriculture and Environment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Type
9.7.1. LTE Category M
9.7.2. NB-IoT
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America NB-IoT (Narrowband IoT) Chips Demand Share Forecast, 2019-2026
10. Latin America NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
10.4.1. Utilities
10.4.2. Smart City
10.4.3. Consumer Electronics
10.4.4. Logistics Transportation
10.4.5. Agriculture and Environment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Type
10.7.1. LTE Category M
10.7.2. NB-IoT
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America NB-IoT (Narrowband IoT) Chips Demand Share Forecast, 2019-2026
11. Europe NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
11.4.1. Utilities
11.4.2. Smart City
11.4.3. Consumer Electronics
11.4.4. Logistics Transportation
11.4.5. Agriculture and Environment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NB-IoT (Narrowband IoT) Chips Market Size an Volume Forecast by Type
11.7.1. LTE Category M
11.7.2. NB-IoT
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe NB-IoT (Narrowband IoT) Chips Demand Share, 2019-2026
12. Asia Pacific NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
12.4.1. Utilities
12.4.2. Smart City
12.4.3. Consumer Electronics
12.4.4. Logistics Transportation
12.4.5. Agriculture and Environment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Type
12.7.1. LTE Category M
12.7.2. NB-IoT
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific NB-IoT (Narrowband IoT) Chips Demand Share, 2019-2026
13. Middle East & Africa NB-IoT (Narrowband IoT) Chips Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Application
13.4.1. Utilities
13.4.2. Smart City
13.4.3. Consumer Electronics
13.4.4. Logistics Transportation
13.4.5. Agriculture and Environment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NB-IoT (Narrowband IoT) Chips Market Size and Volume Forecast by Type
13.7.1. LTE Category M
13.7.2. NB-IoT
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa NB-IoT (Narrowband IoT) Chips Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NB-IoT (Narrowband IoT) Chips Market: Market Share Analysis
14.2. NB-IoT (Narrowband IoT) Chips Distributors and Customers
14.3. NB-IoT (Narrowband IoT) Chips Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Snapdragon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hisilicon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RDA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sanechips
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Altair
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sequans
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nordic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GCT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MTK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SIMPLIGHT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MARVELL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
