The North America Narrowband IoT (NB-IoT) Chipset Market would witness market growth of 51.0% CAGR during the forecast period (2022-2028).
The fact that NB-IoT is half-duplex means that it effectively supports uplink communication, which includes establishing a connection to the cellular network, and allocating network resources to the node (also referred to as User Equipment, or UE), and transmitting data.
Specific indoor coverage, long battery life, low cost, as well as high connection density are the main focuses of NB-IoT. A portion of the LTE standard is used by NB-IoT, but the available bandwidth is only 200 kHz wide. For uplink and downlink communication, it employs SC-FDMA and OFDM modulation, respectively. Applications for the Internet of Things (IoT) that call for more frequent communications would be better serviced by NB-IoT, which operates on the licensed spectrum with no duty cycle restrictions. Up to 50,000 devices can be connected effectively with NB-IoT, which also minimizes power consumption and extends coverage to areas that are not currently covered by traditional cellular technologies.
Due to its narrowband specification and additional 20dB of signal amplification over the GPRS signal, Narrowband IoT allows a large range of connections for each base station and offers deep indoor penetration. Because of all of this, the modules purportedly have a battery life of up to 10 years and have low power usage. It is also considerably less expensive than alternative M2M/IoT solutions.
In Canada, the largest provincial operation is by far the healthcare sector. According to Ontario's Ministry of Health, over 40% of government spending in the fiscal year 2015–16 went toward healthcare. The country's financial viability depends on regulating the growth of this spending due to an aging and increasing population. Reinvesting in patient care would be made possible by the reduced healthcare costs across the country. In addition, as per the United States Bureau of Labor Statistics healthcare occupations are expected to add around 2.6 million new employment between 2020 and 2030, growing at a substantially greater rate than the average for all occupations. More employment than any other occupational group is anticipated to be added in the healthcare sector.
The US market dominated the North America Narrowband IoT (NB-IoT) Chipset Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,555.6 million by 2028. The Canada market is estimated to grow at a CAGR of 54.4% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 53% during (2022 - 2028).
Based on Application, the market is segmented into Alarms & Detectors, Smart Meters, Trackers, Wearable Devices, Smart Parking, and Others. Based on Deployment, the market is segmented into Guard, In-band, and Stand-alone. Based on Offering, the market is segmented into Hardware (Processor, Memory, and Power Management Unit) and Software. Based on Vertical, the market is segmented into Infrastructure, Energy & Utilities, Automotive & Transportation, Agriculture, Healthcare & Dental, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Narrowband IoT (NB-IoT) Chipset Market is Estimated to reach $7.7 Billion by 2028, at a CAGR of 51.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd., Intel Corporation, U-blox Holding AG, Sequans Communications S.A., Huawei Technologies Co. Ltd., Qualcomm, Inc., Nordic Semiconductor ASA, MediaTek, Inc., Sercomm Corporation and Sanechips Technology Co., Ltd
Scope of the Study
Market Segments Covered in the Report:
By Application
- Alarms & Detectors
- Smart Meters
- Trackers
- Wearable Devices
- Smart Parking
- Others
By Deployment
- Guard
- In-band
- Stand-alone
By Offering
- Hardware
- Processor
- Memory
- Power Management Unit
- Software
By Vertical
- Infrastructure
- Energy & Utilities
- Automotive & Transportation
- Agriculture
- Healthcare & Dental
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd.
- Intel Corporation
- U-blox Holding AG
- Sequans Communications S.A.
- Huawei Technologies Co. Ltd.
- Qualcomm, Inc.
- Nordic Semiconductor ASA
- MediaTek, Inc.
- Sercomm Corporation
- Sanechips Technology Co., Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Narrowband IoT (NB-IoT) Chipset Market, by Application
1.4.2 North America Narrowband IoT (NB-IoT) Chipset Market, by Deployment
1.4.3 North America Narrowband IoT (NB-IoT) Chipset Market, by Offering
1.4.4 North America Narrowband IoT (NB-IoT) Chipset Market, by Vertical
1.4.5 North America Narrowband IoT (NB-IoT) Chipset Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Jul – 2022, Jun) Leading Players
Chapter 4. North America Narrowband IoT (NB-IoT) Chipset Market by Application
4.1 North America Alarms & Detectors Market by Country
4.2 North America Smart Meters Market by Country
4.3 North America Trackers Market by Country
4.4 North America Wearable Devices Market by Country
4.5 North America Smart Parking Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Narrowband IoT (NB-IoT) Chipset Market by Deployment
5.1 North America Guard Market by Country
5.2 North America In-band Market by Country
5.3 North America Stand-alone Market by Country
Chapter 6. North America Narrowband IoT (NB-IoT) Chipset Market by Offering
6.1 North America Hardware Market by Country
6.2 North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type
6.2.1 North America Processor Market by Country
6.2.2 North America Memory Market by Country
6.2.3 North America Power Management Unit Market by Country
6.3 North America Software Market by Country
Chapter 7. North America Narrowband IoT (NB-IoT) Chipset Market by Vertical
7.1 North America Infrastructure Market by Country
7.2 North America Energy & Utilities Market by Country
7.3 North America Automotive & Transportation Market by Country
7.4 North America Agriculture Market by Country
7.5 North America Healthcare & Dental Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Narrowband IoT (NB-IoT) Chipset Market by Country
8.1 US Narrowband IoT (NB-IoT) Chipset Market
8.1.1 US Narrowband IoT (NB-IoT) Chipset Market by Application
8.1.2 US Narrowband IoT (NB-IoT) Chipset Market by Deployment
8.1.3 US Narrowband IoT (NB-IoT) Chipset Market by Offering
8.1.3.1 US Narrowband IoT (NB-IoT) Chipset Market by Hardware Type
8.1.4 US Narrowband IoT (NB-IoT) Chipset Market by Vertical
8.2 Canada Narrowband IoT (NB-IoT) Chipset Market
8.2.1 Canada Narrowband IoT (NB-IoT) Chipset Market by Application
8.2.2 Canada Narrowband IoT (NB-IoT) Chipset Market by Deployment
8.2.3 Canada Narrowband IoT (NB-IoT) Chipset Market by Offering
8.2.3.1 Canada Narrowband IoT (NB-IoT) Chipset Market by Hardware Type
8.2.4 Canada Narrowband IoT (NB-IoT) Chipset Market by Vertical
8.3 Mexico Narrowband IoT (NB-IoT) Chipset Market
8.3.1 Mexico Narrowband IoT (NB-IoT) Chipset Market by Application
8.3.2 Mexico Narrowband IoT (NB-IoT) Chipset Market by Deployment
8.3.3 Mexico Narrowband IoT (NB-IoT) Chipset Market by Offering
8.3.3.1 Mexico Narrowband IoT (NB-IoT) Chipset Market by Hardware Type
8.3.4 Mexico Narrowband IoT (NB-IoT) Chipset Market by Vertical
8.4 Rest of North America Narrowband IoT (NB-IoT) Chipset Market
8.4.1 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Application
8.4.2 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Deployment
8.4.3 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Offering
8.4.3.1 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type
8.4.4 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Vertical
Chapter 9. Company Profiles
9.1 Samsung Electronics Co., Ltd. (Samsung Group)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Intel Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 U-blox Holding AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segment and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.4 Sequans Communications S.A.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 Qualcomm, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 Nordic Semiconductors ASA
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 MediaTek, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.9 Sercomm Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.10. Sanechips Technology Co., Ltd (ZTE Corporation)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
TABLE 1 North America Narrowband IoT (NB-IoT) Chipset Market, 2018 - 2021, USD Million
TABLE 2 North America Narrowband IoT (NB-IoT) Chipset Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Narrowband IoT (NB-IoT) Chipset Market
TABLE 4 Product Launches And Product Expansions– Narrowband IoT (NB-IoT) Chipset Market
TABLE 5 Acquisition and Mergers– Narrowband IoT (NB-IoT) Chipset Market
TABLE 6 North America Narrowband IoT (NB-IoT) Chipset Market by Application, 2018 - 2021, USD Million
TABLE 7 North America Narrowband IoT (NB-IoT) Chipset Market by Application, 2022 - 2028, USD Million
TABLE 8 North America Alarms & Detectors Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Alarms & Detectors Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Smart Meters Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Smart Meters Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Trackers Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Trackers Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Wearable Devices Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Wearable Devices Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Smart Parking Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Smart Parking Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2018 - 2021, USD Million
TABLE 21 North America Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2022 - 2028, USD Million
TABLE 22 North America Guard Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Guard Market by Country, 2022 - 2028, USD Million
TABLE 24 North America In-band Market by Country, 2018 - 2021, USD Million
TABLE 25 North America In-band Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Stand-alone Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Stand-alone Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Narrowband IoT (NB-IoT) Chipset Market by Offering, 2018 - 2021, USD Million
TABLE 29 North America Narrowband IoT (NB-IoT) Chipset Market by Offering, 2022 - 2028, USD Million
TABLE 30 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2018 - 2021, USD Million
TABLE 33 North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2022 - 2028, USD Million
TABLE 34 North America Processor Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Processor Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Memory Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Memory Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Power Management Unit Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Power Management Unit Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2018 - 2021, USD Million
TABLE 43 North America Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2022 - 2028, USD Million
TABLE 44 North America Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Automotive & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Automotive & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Healthcare & Dental Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Healthcare & Dental Market by Country, 2022 - 2028, USD Million
TABLE 54 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 55 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 56 North America Narrowband IoT (NB-IoT) Chipset Market by Country, 2018 - 2021, USD Million
TABLE 57 North America Narrowband IoT (NB-IoT) Chipset Market by Country, 2022 - 2028, USD Million
TABLE 58 US Narrowband IoT (NB-IoT) Chipset Market, 2018 - 2021, USD Million
TABLE 59 US Narrowband IoT (NB-IoT) Chipset Market, 2022 - 2028, USD Million
TABLE 60 US Narrowband IoT (NB-IoT) Chipset Market by Application, 2018 - 2021, USD Million
TABLE 61 US Narrowband IoT (NB-IoT) Chipset Market by Application, 2022 - 2028, USD Million
TABLE 62 US Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2018 - 2021, USD Million
TABLE 63 US Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2022 - 2028, USD Million
TABLE 64 US Narrowband IoT (NB-IoT) Chipset Market by Offering, 2018 - 2021, USD Million
TABLE 65 US Narrowband IoT (NB-IoT) Chipset Market by Offering, 2022 - 2028, USD Million
TABLE 66 US Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2018 - 2021, USD Million
TABLE 67 US Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2022 - 2028, USD Million
TABLE 68 US Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2018 - 2021, USD Million
TABLE 69 US Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2022 - 2028, USD Million
TABLE 70 Canada Narrowband IoT (NB-IoT) Chipset Market, 2018 - 2021, USD Million
TABLE 71 Canada Narrowband IoT (NB-IoT) Chipset Market, 2022 - 2028, USD Million
TABLE 72 Canada Narrowband IoT (NB-IoT) Chipset Market by Application, 2018 - 2021, USD Million
TABLE 73 Canada Narrowband IoT (NB-IoT) Chipset Market by Application, 2022 - 2028, USD Million
TABLE 74 Canada Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2018 - 2021, USD Million
TABLE 75 Canada Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2022 - 2028, USD Million
TABLE 76 Canada Narrowband IoT (NB-IoT) Chipset Market by Offering, 2018 - 2021, USD Million
TABLE 77 Canada Narrowband IoT (NB-IoT) Chipset Market by Offering, 2022 - 2028, USD Million
TABLE 78 Canada Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2018 - 2021, USD Million
TABLE 79 Canada Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2022 - 2028, USD Million
TABLE 80 Canada Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Canada Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Mexico Narrowband IoT (NB-IoT) Chipset Market, 2018 - 2021, USD Million
TABLE 83 Mexico Narrowband IoT (NB-IoT) Chipset Market, 2022 - 2028, USD Million
TABLE 84 Mexico Narrowband IoT (NB-IoT) Chipset Market by Application, 2018 - 2021, USD Million
TABLE 85 Mexico Narrowband IoT (NB-IoT) Chipset Market by Application, 2022 - 2028, USD Million
TABLE 86 Mexico Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2018 - 2021, USD Million
TABLE 87 Mexico Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2022 - 2028, USD Million
TABLE 88 Mexico Narrowband IoT (NB-IoT) Chipset Market by Offering, 2018 - 2021, USD Million
TABLE 89 Mexico Narrowband IoT (NB-IoT) Chipset Market by Offering, 2022 - 2028, USD Million
TABLE 90 Mexico Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2018 - 2021, USD Million
TABLE 91 Mexico Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2022 - 2028, USD Million
TABLE 92 Mexico Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2018 - 2021, USD Million
TABLE 93 Mexico Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2022 - 2028, USD Million
TABLE 94 Rest of North America Narrowband IoT (NB-IoT) Chipset Market, 2018 - 2021, USD Million
TABLE 95 Rest of North America Narrowband IoT (NB-IoT) Chipset Market, 2022 - 2028, USD Million
TABLE 96 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Application, 2018 - 2021, USD Million
TABLE 97 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Application, 2022 - 2028, USD Million
TABLE 98 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2018 - 2021, USD Million
TABLE 99 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Deployment, 2022 - 2028, USD Million
TABLE 100 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Offering, 2018 - 2021, USD Million
TABLE 101 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Offering, 2022 - 2028, USD Million
TABLE 102 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2018 - 2021, USD Million
TABLE 103 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Hardware Type, 2022 - 2028, USD Million
TABLE 104 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2018 - 2021, USD Million
TABLE 105 Rest of North America Narrowband IoT (NB-IoT) Chipset Market by Vertical, 2022 - 2028, USD Million
TABLE 106 Key Information – Samsung Electronics Co., Ltd.
TABLE 107 Key Information – Intel Corporation
TABLE 108 Key information – u-blox Holding AG
TABLE 109 Key Information – Sequans Communications S.A.
TABLE 110 key information – Huawei Technologies Co., Ltd.
TABLE 111 Key Information – Qualcomm, Inc.
TABLE 112 Key information – Nordic Semiconductors ASA
TABLE 113 Key Information – MediaTek, Inc.
TABLE 114 Key Information – Sercomm Corporation
TABLE 115 Key Information – Sanechips Technology Co., Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, collaborations and agreements : 2018, Jul – 2022, Jun) Leading Players
FIG 5 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 SWOT analysis: Intel corporation
FIG 8 Recent strategies and developments: U-blox Holding AG
FIG 9 Recent strategies and developments: Sequans Communications S.A.