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Global Narrowband IoT Chipset Market 2017-2021

Global Narrowband IoT Chipset Market 2017-2021

About Narrowband IoT Chipset

Narrowband Internet of Things (NB-IoT) is a low-power wide area (LPWA) technology that allows the connection of several devices across cellular telecommunications bands. NB-IoT is a low-power technology, and it is primarily used in applications and devices that operate at lower data rates. This technology also ensures a higher battery life of devices. The NB-IoT module, which incorporates the NB-IoT chipset, can operate for over 10 years with a single-cell primary battery. Although the LPWA market was developed over a decade ago, the technologies associated with it, such as SigFox and LoRa, did not have any formal standards. These technologies are expensive due to the high maintenance cost and have poor reliability and fewer security features. The introduction of NB-IoT in the LPWA market is a major development, and NB-IoT is expected to be one of the biggest areas of interest and development during the forecast period.

Technavio’s analysts forecast the global narrowband IoT chipset market to grow at a CAGR of 60.85% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global narrowband IoT chipset market for 2017-2021. To calculate the market size, the report considers the sales of NB-IoT chipsets to various end-users such as mobile operators; telecommunications service providers; and the OEMs in the agriculture, automotive, and consumer and electric utility firms.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Narrowband IoT Chipset Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ericsson
  • Huawei Technologies
  • Intel
  • NORDIC SEMICONDUCTOR
  • SEQUANS
  • u-blox
Other prominent vendors
  • Altair Semiconductor
  • CommSoild
  • Nokia
  • Qualcomm Technologies
  • SAMSUNG
  • Vodafone
Market driver
  • Increasing adoption of M2M communication
  • For a full, detailed list, view our report
Market challenge
  • Growth of LTE-M
  • For a full, detailed list, view our report
Market trend
  • Deployment of the NB-IoT technology in airports
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Narrowband IoT Chipset Market 2017-2021

Technavio recognizes the following companies as the key players in the global narrowband IoT chipset market: Ericsson, Huawei Technologies, Intel, NORDIC SEMICONDUCTOR, SEQUANS, and u-blox

Other Prominent Vendors in the market are: Altair Semiconductor, CommSoild, Nokia, Qualcomm Technologies, SAMSUNG, and Vodafone.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Deployment of the NB-IoT technology in airports. A major trend identified by Technavio is the deployment of NB-IoT in airports. Airports are adopting several intelligent systems and technologies to transition to smart airports. A smart airport involves the integration of several sensors and communication technologies to allow the seamless exchange of data between machines, as well as consumers. One of the major focus areas is to improve passenger processing at different checkpoints. Airports are looking at expanding their IT infrastructure to accommodate kiosks and other processing techniques to shorten the waiting time of the passengers. Therefore, there is a need to deploy an efficient communication technology, which will allow the interconnection of different areas in the airport.”

According to the report, one of the major drivers for this market is Increasing adoption of M2M communication. M2M communication is the communication that is required for the exchange of information between devices without any manual assistance. Sensors are integrated into a machine, and these sensors are used to obtain data and record information. The NB-IoT technology is steadily replacing the conventional M2M channel technologies, such as Bluetooth, DSL, and WLAN, for applications (including smart meters and smart parking) that require low data rates and long-range connectivity. The M2M connections required for smart meters, smart parking, smart agriculture, and smart buildings have low data rates. Therefore, they require a technology that has been built to support low data rates. The NB-IoT technology, therefore, is an ideal choice; it works at low data rates (10s of kbps) and also in the 200 kHz spectrum. NB-IoT modules also have a battery life of 10 years.

Further, the report states that one of the major factors hindering the growth of this market is Growth of LTE-M. The LTE-M technology has been developed to allow IoT devices to connect to a 4G network. LTE-M is an upcoming technology, and its growth can have drastic impacts on the sales of NB-IoT chipsets. The NB-IoT technology has several interoperability issues, which have limited its growth. These challenges have been overcome by the LTE-M standard. Also, there are marginal differences in the price and battery performance. LTE-M has a high performance efficiency and is highly flexible. LTE-M also supports data rates of around 100 kbps, and there is a lower service cost involved as it can be deployed in the present carriers that are available. LTE-M can be deployed on the existing 4G networks, which reduces the infrastructure costs.

Companies Mentioned

Ericsson, Huawei Technologies, Intel, NORDIC SEMICONDUCTOR, SEQUANS, u-blox, Altair Semiconductor, CommSoild, Nokia, Qualcomm Technologies, SAMSUNG, and Vodafone.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Comparison of LPWA technologies
      • Table Countrywise frequency bands
      • Table Deployment types of NB-IoT
      • Table Benefits of the NB-IoT technology
  • Market landscape
    • Market overview
      • Table Global NB-IoT chipset market
    • Market size and forecast
      • Table Global NB-IoT chipset market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global NB-IoT chipset market by application 2016 (% share of revenue)
      • Table Global NB-IoT chipset market by application 2016-2021 (% share of revenue)
    • Consumer
      • Table Global NB-IoT chipset market by consumer 2016-2021 ($ millions)
    • Smart meters
      • Table Global NB-IoT chipset market by smart meters 2016-2021 ($ millions)
      • Table Benefits of using smart grids
    • Smart buildings
      • Table Global NB-IoT chipset market by smart buildings 2016-2021 ($ millions)
    • Agriculture/environment
      • Table Global NB-IoT chipset market in agriculture/environment 2016-2021 ($ millions)
    • Automotive
      • Table Global NB-IoT chipset market by automotive 2016-2021 ($ millions)
  • Market segmentation by deployment type
    • Market overview
      • Table Global NB-IoT chipset market by application 2016 (% share of revenue)
      • Table Global NB-IoT chipset market by deployment type 2016-2021 ($ millions)
    • Standalone
      • Table Global NB-IoT chipset market by standalone deployment type 2016-2021 ($ millions)
    • Guard band
      • Table Global NB-IoT chipset market by guard band deployment type 2016-2021 ($ millions)
    • In-band
      • Table Global NB-IoT chipset market by in-band deployment type 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global NB-IoT chipset market: Market size & forecast (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • Americas: Market size & forecast
      • Table Americas: Market size & forecast
      • Table Americas: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in the Americas
    • EMEA: Market size & forecast
      • Table EMEA: Market size & forecast
      • Table EMEA: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in EMEA
    • APAC: market size & forecast
      • Table APAC: Market size & forecast
      • Table APAC: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global wearable devices market 2016-2021 (million units)
    • Market challenges
  • Market trends
    • Deployment of the NB-IoT technology in airports
    • Growth of smart cities
      • Table Partner cities selected under the EU-China PDSF initiative
    • Integration of the NB-IoT technology with cloud computing
    • Adoption of the NB-IoT technology in the healthcare industry
  • Vendor landscape
    • Competitive scenario
      • Table Important parameters of competition
      • Table Comparison of the present and future scenario of the global NB-IoT chipset market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Table Key vendor comparison chart 2016
    • Ericsson
    • Huawei Technologies
    • Intel
    • NORDIC SEMICONDUCTOR
    • SEQUANS
    • u-blox
  • Appendix
    • List of abbreviations
  • Explore Technavio

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