Narrowband IoT Chipset Market by Offering (Hardware, Software), Device (Alarms & Detector, Smart Appliance, Tracker, Smart Meter, Wearable), Deployment Type (guard, in-band, standalone), End-Use Application, & Geography - Global Forecast to 2022

  • ID: 3920243
  • Report
  • Region: Global
  • 159 Pages
  • Markets and Markets
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The Narrowband IoT (NB-IoT) Market is Expected to Grow from USD 16.7 Million in 2017 to USD 181.02 Million by 2022, at a CAGR of 61.06% Between 2017 and 2022

FEATURED COMPANIES

  • Commsolid GmbH
  • Ericsson
  • Intel Corporation
  • Nokia Corporation
  • Qualcomm Incorporated
  • Samsung Electronics
  • MORE

“Need for low-power consumption and low cost is expected to drive the NB-IoT market”

The narrowband IoT market is estimated to be valued at USD 16.7 million in 2017 and is expected to reach USD 181.02 million by 2022, growing at a CAGR of 61.06% during the forecast period. Long range connectivity and capability of consuming less power is expected to drive the demand for NB-IoT market. However, low-speed data transmission and privacy & security concerns are expected to restrict the growth of NB-IoT market.

“Increasing fraudulent activities such as theft and missing of shipment drives the demand for real-time tracking”

Trackers are expected to grow at the highest rate for the NB-IoT market during the forecast period. The narrowband IoT applications for tracking include logistic tracking, asset tracking, and pet tracking. Tracking devices are widely used by automotive & shipping industry to identify the status of their vehicles and shipping containers. Due to increasing fraudulent activities such as theft, missing shipments, and so on, the companies are using tracking device to get the real-time location of their vehicles and shipments.

“Telematics & vehicle tracking applications are expected to drive NB-IoT market for automotive & transportation”

Automotive & transportation is expected to grow at the highest CAGR between 2017 and 2022. The increasing demand for in-car infotainment, telematics, and navigation drives the growth of NB-IoT in automotive & transportation market. Telematics and logistics tracking are the major applications in automotive & transportation that contributes to the growth of this market.

Traffic analysis, navigation, vehicle maintenance, security plays a vital role in the adoption of NB-IoT in the transportation sector. NB-IoT would enable real-time collection of massive data from vehicles, drivers, pedestrians, road sensors, and cameras to help streamline the flow of the traffic. It can help optimize traffic lights and road usage, direct public transportation to where it is needed most, navigate vehicles to avoid congestion, and raise tolls to limit traffic entering a congestion zone.

“NB-IoT market in Asia-Pacific to grow at a high rate”

China is the largest market in the APAC region for the development of smart cities. Japan has a strong base of technologically advanced manufacturing industries which offer multiple opportunities for the growth of the NB-IoT market. Huawei (China) and China Unicom (Shanghai) jointly released the NB-IoT-based smart parking solution at 2016 MWC Shanghai. In May 2016, China Unicom (Shanghai) and the Shanghai government signed an agreement to promote “Internet +” and the company would deploy dedicated NB-IoT networks in Shanghai.

However, North America is expected to hold the largest market for NB-IoT in 2017. Regional presence of major companies such as Qualcomm Inc. (U.S.), Verizon Wireless (U.S.), AT&T Inc. (U.S.) that are working towards commercialization of NB-IoT connectivity is the major factor driving the market.

The breakup of the profile of primary participants is given below:

  • By Companies: Tier 1 - 20 %, Tier 2 - 35%, and Tier 3 - 45%
  • By Designation: C-level Executives - 25%, Directors - 35%, and Others - 40%
  • By Region: North America - 50%, Europe - 30%, Asia-Pacific - 10%, and RoW - 10%

The major players in narrowband IoT market are Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Vodafone Group PLC (U.K.), Qualcomm Incorporated (U.S.), Intel Corporation (U.S.), Samsung Group (South Korea), Nokia Networks (Finland), Verizon Communication (U.S.), CommSolid GmBH (Germany), U-Blox Holding AG (Switzerland), MistBase AB (Sweden).

Market Segmentation:

  • The NB-IoT market has been segmented on the basis of offerings, deployment type, device, end-use application, and geography.
    • The market based on offering has further been segmented into hardware, software, cellular network, and services.
    • Deployment type includes in-band, guard band and standalone techniques.
    • The NB-IoT market based on device has further been segmented into alarms & detectors, trackers, smart appliances, and many others.
    • The end-use applications for NB-IoT are agriculture, infrastructure, healthcare, building automation, automotive & transportation, and others.
    • On the basis of geography, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World.

The report would help the market leaders/new entrants in this market in the following ways:

  • This report segments the NB-IoT market comprehensively and provides the closest approximations of the market sizes for the overall market and sub-segments across the different applications and regions.
  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
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FEATURED COMPANIES

  • Commsolid GmbH
  • Ericsson
  • Intel Corporation
  • Nokia Corporation
  • Qualcomm Incorporated
  • Samsung Electronics
  • MORE
1 Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Study Scope

           1.3.1 Markets Covered

           1.3.2 Years Considered for This Study

    1.4 Currency

    1.5 Package Size

    1.6 Stakeholders

2 Research Methodology

    2.1 Research Data

           2.1.1 Secondary Data

                     2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Data

                     2.1.2.1 Key Data From Secondary Sources

                     2.1.2.2 Key Industry Insights

                     2.1.2.3 Breakdown of Primaries

    2.2 Demand-Side Analysis of the Narrowband IoT Market

           2.2.1 Introduction

           2.2.2 Demand-Side Analysis

           2.2.3 Increasing Number of Connected Devices

           2.2.4 Growing IoT Market

    2.3 Market Size Estimation

           2.3.1 Bottom-Up Approach

           2.3.2 Top-Down Approach

    2.4 Market Breakdown and Data Triangulation

    2.5 Research Assumptions

3 Executive Summary

4 Premium Insights

    4.1 Attractive Market Opportunities in the NB-IoT Chipset Market

    4.2 Software & Cellular Network Expected to Dominate the NB-IoT Chipset Market During the Forecast Period

    4.3 Trackers Expected to Grow at Highest CAGR in NB-IoT Chipset Market By Device During Forecast Period

    4.4 Automotive & Transportation Expected to Grow at Highest CAGR in the NB-IoT Chipset Market During the Forecast Period

    4.5 NB-IoT Chipset Market in China Expected to Grow at the Highest Rate During the Forecast Period

5 Market Overview

    5.1 Introduction

    5.2 Market Segmentation

           5.2.1 Narrowband IoT Chipset Market, By Offerings

           5.2.2 Narrowband IoT Chipset Market, By Deployment Type

           5.2.3 Narrowband IoT Chipset Market, By Device

           5.2.4 Narrowband IoT Chipset Market Segmentation: By End-Use Application

           5.2.5 Narrowband IoT Chipset Market Segmentation: By Geography

    5.3 Market Dynamics

           5.3.1 Drivers

                     5.3.1.1 Increasing Adoption of Machine-To-Machine Communication Between Mechanical Or Electronic Devices

                     5.3.1.2 Demand for Long-Range Connectivity

                     5.3.1.3 Need for Low-Power and Low-Cost Connectivity Technology

           5.3.2 Restraints

                     5.3.2.1 Low-Speed Data Transmission

                     5.3.2.2 Privacy and Security Concerns

           5.3.3 Opportunities

                     5.3.3.1 Emerging Smart Cities and Smart Buildings

                     5.3.3.2 Presence of Fragmented and Non-Standardized Technologies

           5.3.4 Challenges

                     5.3.4.1 Long Tail Ecosystem Consisting of Chipset, Module, Device and Application Platform

6 NB-IoT Chipset Market, By Offering

    6.1 Introduction

    6.2 Hardware

    6.3 Software

           6.3.1 Device Management Platform

           6.3.2 Network Management Platform

7 NB-IoT Chipset Market, By Deployment Type

    7.1 Introduction

    7.2 Standalone

    7.3 Guard Band

    7.4 In-Band

8 NB-IoT Chipset Market, By Device

    8.1 Introduction

    8.2 Smart Appliances

    8.3 Smart Meters

    8.4 Trackers

    8.5 Alarms & Detectors

    8.6 Wearable Devices

    8.7 Others

9 NB-IoT Chipset Market, By End-Use Application

    9.1 Introduction

    9.2 Agriculture

    9.3 Automotive & Transportation

    9.4 Energy

    9.5 Healthcare

    9.6 Manufacturing

    9.7 Retail

    9.8 Safety & Security

    9.9 Infrastructure

    9.10 Building Automation

    9.11 Others

10 Geographical Analysis

     10.1 Introduction

     10.2 North America

               10.2.1 U.S.

               10.2.2 Canada

               10.2.3 Mexico

     10.3 Europe

               10.3.1 Germany

               10.3.2 U.K.

               10.3.3 France

               10.3.4 Italy

               10.3.5 Spain

               10.3.6 Rest of Europe

     10.4 Asia-Pacific

               10.4.1 China

               10.4.2 Japan

               10.4.3 South Korea

               10.4.4 India

               10.4.5 Rest of Asia-Pacific

     10.5 Rest of the World

               10.5.1 Middle East & Africa

               10.5.2 South America

11 Competitive Landscape

     11.1 Overview

     11.2 Key Players in the Narrowband IoT Market

     11.3 Competitive Situations and Trends

     11.4 New Product Launches

     11.5 Partnerships, Contracts, Joint Ventures, Agreements, and Collaborations

     11.6 Funding

12 Company Profiles

     12.1 Introduction

     12.2 Huawei Technologies Co. Ltd.

     12.3 Ericsson

     12.4 Vodafone Group PLC

     12.5 Qualcomm Incorporated

     12.6 Intel Corporation

     12.7 Mistbase Communication System

     12.8 Samsung Electronics

     12.9 Verizon Communications

     12.10 Nokia Corporation

     12.11 U-Blox Holding AG

     12.12 Commsolid GmbH

     12.13 Sequans Communications S.A.

List of Tables
Table 1 NB-IoT Chipset Market, By Offering, 2017-2022 (USD Thousand)
Table 2 NB-IoT Chipset Market for Hardware, By Region, 2013-2022 (USD Thousand)
Table 3 NB-IoT Chipset Market for Hardware, By Region, 2017-2022 (Thousand Units)
Table 4 NB-IoT Chipset Market, By Software, 2017-2022 (USD Thousand)
Table 5 NB-IoT Chipset Market for Services, 2013-2022 (USD Thousand)
Table 6 NB-IoT Chipset Market, By Deployment Type, 2017-2022 (USD Thousand)
Table 7 Standalone NB-IoT Chipset Market, By End-Use Application, 2018-2022 (USD Thousand)
Table 8 Standalone NB-IoT Chipset Market, By Region, 2018-2022 (USD Thousand)
Table 9 Guard Band NB-IoT Chipset Market, By End-Use Application, 2017-2022 (USD Thousand)
Table 10 Guard Band NB-IoT Chipset Market, By Region, 2017-2022 (USD Thousand)
Table 11 In-Band NB-IoT Chipset Market, By End-Use Application, 2017-2022 (USD Thousand)
Table 12 In-Band NB-IoT Chipset Market, By Region, 2017-2022 (USD Thousand)
Table 13 NB-IoT Chipset Market, By Device, 2017-2022 (USD Thousand)
Table 14 NB-IoT Chipset Market for Smart Appliances, By Region, 2017-2022 (USD Thousand)
Table 15 NB-IoT Chipset Market for Smart Meters, By Region, 2017-2022 (USD Thousand)
Table 16 NB-IoT Chipset Market for Trackers, By Region, 2017-2022 (USD Thousand)
Table 17 NB-IoT Chipset Market for Alarm & Detectors, By Region, 2017-2022 (USD Thousand)
Table 18 NB-IoT Chipset Market for Wearable Devices, By Region, 2017-2022 (USD Thousand)
Table 19 NB-IoT Chipset Market for Other Devices, By Region, 2017-2022 (USD Thousand)
Table 20 NB-IoT Chipset Market, By End-Use Application, 2017-2022 (USD Thousand)
Table 21 NB-IoT Chipset Market for Agriculture Application, By Type, 2017-2022 (USD Thousand)
Table 22 NB-IoT Chipset Market for Agriculture Application, By Region, 2017-2022 (USD Thousand)
Table 23 NB-IoT Chipset Market for Agriculture Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 24 NB-IoT Chipset Market for Automotive & Transportation Application, By Type, 2017-2022 (USD Thousand)
Table 25 NB-IoT Chipset Market for Automotive & Transportation Application, By Region, 2017-2022 (USD Thousand)
Table 26 NB-IoT Chipset Market for Automotive & Transportation Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 27 NB-IoT Chipset Market for Energy Application, By Region, 2017-2022 (USD Thousand)
Table 28 NB-IoT Chipset Market for Energy, By Deployment Type, 2017-2022 (USD Thousand)
Table 29 NB-IoT Chipset Market for Healthcare Application, By Region, 2017-2022 (USD Thousand)
Table 30 NB-IoT Chipset Market for Healthcare Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 31 NB-IoT Chipset Market for Manufacturing Application, By Region, 2017-2022 (USD Thousand)
Table 32 NB-IoT Chipset Market for Manufacturing Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 33 NB-IoT Chipset Market for Retail Application, By Region, 2017-2022 (USD Thousand)
Table 34 NB-IoT Chipset Market for Retail Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 35 NB-IoT Chipset Market for Safety & Security Application, By Region, 2017-2022 (USD Thousand)
Table 36 NB-IoT Chipset Market for Safety & Security Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 37 NB-IoT Chipset Market for Infrastructure ApPLCiation, By Region, 2017-2022 (USD Thousand)
Table 38 NB-IoT Chipset Market for Infrastructure Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 39 NB-IoT Chipset Market for Building Automation Application, By Type, 2017-2022 (USD Thousand)
Table 40 NB-IoT Chipset Market for Building Automation Application, By Region, 2017-2022 (USD Thousand)
Table 41 NB-IoT Chipset Market for Building Automation Application, By Deployment Type, 2017-2022 (USD Thousand)
Table 42 NB-IoT Chipset Market for Other Applications, By Type, 2017-2022 (USD Thousand)
Table 43 NB-IoT Chipset Market for Other Applications, By Deployment Type, 2017-2022 (USD Thousand)
Table 44 NB-IoT Chipset Market, By Region, 2017-2022 (USD Thousand)
Table 45 NB-IoT Chipset Market in North America, By Country, 2013-2022 (USD Thousand)
Table 46 NB-IoT Chipset Market in North America, By End-Use Application, 2017-2022 (USD Thousand)
Table 47 NB-IoT Chipset Market in North America, By Device, 2017-2022 (USD Thousand)
Table 48 NB-IoT Chipset Market in North America, By Deployment Type, 2017-2022 (USD Thousand)
Table 49 NB-IoT Chipset Market in Europe, By Country, 2017-2022 (USD Thousand)
Table 50 NB-IoT Chipset Market in Europe, By End-Use Application, 2017-2022 (USD Thousand)
Table 51 NB-IoT Chipset Market in Europe, By Device, 2017-2022 (USD Thousand)
Table 52 NB-IoT Chipset Market in Europe, By Deployment Type, 2017-2022 (USD Thousand)
Table 53 NB-IoT Chipset Market in Asia-Pacific, By Country, 2017-2022 (USD Thousand)
Table 54 NB-IoT Chipset Market in Asia-Pacific, By End-Use Application, 2017-2022 (USD Thousand)
Table 55 NB-IoT Chipset Market in Asia-Pacific, By Device, 2017-2022 (USD Thousand)
Table 56 NB-IoT Chipset Market in Asia-Pacific, By Deployment Type, 2017-2022 (USD Thousand)
Table 57 NB-IoT Chipset Market in RoW, By Region, 2017-2022 (USD Thousand)
Table 58 NB-IoT Chipset Market in RoW, By End-Use Application, 2017-2022 (USD Thousand)
Table 59 NB-IoT Chipset Market in RoW, By Device, 2017-2022 (USD Thousand)
Table 60 NB-IoT Chipset Market in RoW, By Deployment Type, 2017-2022 (USD Thousand)
Table 61 Huawei and Intel are Expected to Lead the Narrowband IoT Market
Table 62 New Product Launches, 2015-2016
Table 63 Partnerships, Agreements, Collaborations, Contracts, and Joint Ventures, 2015-2016
Table 64 Funding, 2015-2016

List of Figures
Figure 1 Narrowband IoT Market
Figure 2 Narrowband-IoT Market: Research Design
Figure 3 The Number of Connected Devices Expected to Grow Up to 50 Billion Units in 2020
Figure 4 The IoT Market is Expected to Reach USD 1.423 Trillion By 2020
Figure 5 Research Flow
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 NB-IoT Chipset Market, By Offering, 2017-2022
Figure 10 NB-IoT Chipset Market, By Device, 2017 vs 2022
Figure 11 NB-IoT Chipset Market, By End-Use Application, 2022
Figure 12 NB-IoT Chipset Market, By Region, 2017
Figure 13 NB-IoT Chipset Market Expected to Grow at A High Rate Between 2017 and 2022
Figure 14 Software Expected to Dominate the NB-IoT Chipset Market Between 2017 and 2022
Figure 15 Trackers Expected to Hold the Largest Share of the NB-IoT Chipset Market By 2022
Figure 16 Infrastructure Expected to Hold the Largest Share of the NB-IoT Chipset Market in 2022
Figure 17 The U.S. Expected to Hold the Largest Share of the NB-IoT Chipset Market Between 2017 and 2022
Figure 18 Evolution of Narrowband-IoT Standardisation
Figure 19 Growth in Demand for Low Power and Low-Cost Connectivity Technology are the Major Driving Factor for Narrowband IoT Market
Figure 20 Wireless Module Price: the Huawei Prospective
Figure 21 Smart City Ecosystem
Figure 22 Narrowband IoT Market Ecosystem
Figure 23 NB-IoT Chipsetsegmentation, By Offering
Figure 24 NB-IoT Chipset Market for Services Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 25 Solution Segment Expected to Dominate the NB-IoT Chipsetsoftware Market Between 2017 and 2022
Figure 26 Deployment & Integration Segment Expected to Dominate the NB-IoT Chipsetservice Market Between 2017 and 2022
Figure 27 NB-IoT Chipsetsegmentation, By Deployment Type
Figure 28 NB-IoT Chipset Market By Standalone Deployment Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 29 Infrasatructure Application Expected to Dominate the Guard Band NB-IoT Chipset Market Between 2017 and 2022
Figure 30 Manufacturing Expected to Grow at the Highest Rate for In-Band NB-IoT Chipset Market Between 2017 and 2022
Figure 31 NB-IoT Chipset Market Segmentation, By Device
Figure 32 Alarm & Detectors to Hold the Largest Market Share Between 2017 and 2022
Figure 33 Asia-Pacific NB-IoT Chipset Market is Expected to Witness the Highest Growth for the Trackers Between 2017 and 2022
Figure 34 NB-IoT Chipset Market Segmentation, By End-Use Application
Figure 35 Market for the Automotive & Transportation Application is Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 36 Asia-Pacific Expected to Witness the Highest Growth Rate for the Automotive & Transportation Application Between 2017 and 2022
Figure 37 North America Expected to Have the Largest Share for NB-IoT Chipsetin Healthcare Application Between 2017 and 2022
Figure 38 Guard Band NB-IoT Chipsetexpected to Hold Largest Share for Safety & Security Application Between 2017 and 2022
Figure 39 Asia-Pacific to Witness the Highest Growth in the Building Automation Market Between 2017 and 2022
Figure 40 NB-IoT Chipset Market Segmentation, By Region
Figure 41 NB-IoT Chipset Market in China Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 42 Snapshot of the NB-IoT Chipset Market in North America
Figure 43 Infrastructure to Hold the Largest Share of the North American NB-IoT ChipsetmareKT During the Forecast Period
Figure 44 Snapshot of NB-IoT Chipset Market in Europe
Figure 45 The Trackers Expected to Hold the Largest Share of the NB-IoT Chipsetdevice Market in Europe Between 2017 & 2022
Figure 46 Snapshot of NB-IoT Chipset Market in Asia-Pacific
Figure 47 Manufacturing Application Expected to Witness the Highest Growth Rate in the NB-IoT Chipset Market in Asia-Pacific During the Forecast Period
Figure 48 South America Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 49 Companies Adopted Partnerships as the Key Growth Strategy Between 2015 and 2016
Figure 50 Battle for Market Share: Partnerships, Collaborations Agreements, Contracts and Joint Ventures Was the Key Strategy Adopted By the Companies Between 2015 and 2016
Figure 51 Geographic Revenue Mix of the Top 5 Market Players
Figure 52 Huawei Technologies Co. Ltd.: Business Overview
Figure 53 Huawei Technologies (China): SWOT Analysis
Figure 54 Ericsson: Company Snapshot
Figure 55 Ericsson: SWOT Analysis
Figure 56 Vodafone Group PLC: Company Snapshot
Figure 57 Vodafone Group PLC: SWOT Analysis
Figure 58 Qualcomm Incorporated: Business Overview
Figure 59 Qualcomm Incorporated: SWOT Analysis
Figure 60 Intel Corporation: Company Snapshot
Figure 61 Intel Corporation: SWOT Analysis
Figure 62 Samsung Electronics: Business Overview
Figure 63 Verizon Communications: Company Snapshot
Figure 64 Nokia Corporation: Company Snapshot
Figure 65 U-Blox Holding AG: Company Snapshot
Figure 66 Sequans Communications S.A.: Company Snapshot
Note: Product cover images may vary from those shown
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  • Commsolid GmbH
  • Ericsson
  • Huawei Technologies Co. Ltd.
  • Intel Corporation
  • Mistbase Communication System
  • Nokia Corporation
  • Qualcomm Incorporated
  • Samsung Electronics
  • Sequans Communications S.A.
  • U-Blox Holding AG
  • Verizon Communications
  • Vodafone Group PLC
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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