Raipur, India, April 19, 2018 (GLOBE NEWSWIRE) -- Narrowband IoT Chipset Market to Reach US$ 287 Million by 2023
Report Sellers has added a new market research report “Narrowband IoT Chipset - Global Market Outlook (2017-23)” to its offerings.
According to the report, Global Narrowband IoT Chipset Market is accounted for $11.07 million in 2016 and is expected to reach $286.99 million by 2023 growing at a CAGR of 59.2% during the forecast period. Necessitate for low-power and low-cost connectivity equipment, demand for long-range connectivity and growing demand for cellular IoT networks are some of key factors fueling the market growth.
By Geography, North America captured the largest market share of the Narrowband IoT Chipset market due to the speculation from U.S. government towards usage of IoT across different parts such as infrastructure and utilities. Asia Pacific is anticipated to grow at the fastest CAGR attribute to rapid rise of Internet application.
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What does the Report Offer?
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Report Scope
Global Narrowband IoT Chipset Market has been segmented by deployment types covered, end-users covered, offerings covered, devices covered and regions covered
Deployment Types Covered:
Guard Band
Standalone
In-Band
End-Users Covered:
Energy
Agriculture & Environment
Retail
Infrastructure
Manufacturing
Healthcare
Offerings Covered:
Software
Services
Hardware
Devices Covered:
Alarms & Detectors
Smart Meters
Wearable Devices
Trackers
Smart Appliances
Regions Covered:
North America
Europe
Asia Pacific
South America
Middle East & Africa
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