Lewes, DE -- (SBWire) -- 08/30/2017 --Narrowband Internet of Things IoT Chipset Market research report helps to get access to industry data and upcoming trends which will give you avenues to know about the market. This report gives opportunities to go through with industry analysis, share and forecast, Providing brief description about the market size its competitors and product identification.
In this report, the global Narrowband Internet-of-Things (IoT) Chipset market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
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NBIOT is a narrow band radio technology designed for the internet of things and is one of a range of Mobile IOT technologies standardized by the third generation partnership project. NBIOT specifically emphasizes on low cost, long battery life of connected devices. NBIOT market is constantly growing to cope up with future cellular IOT. Some common aspects which are there behind the rising of this Narrow Band Radio Market are constant development of technology and the increase of commercial applications.
This NBIOT market is further focusing on automotive, transportation, healthcare, infrastructure. With the constant need of users NBIOT will be adopted in various applications. Some companies which are already engaged with NBIOT has made some important development for example we can take a look on Huawei Technologies Co. Ltd which released worlds' NBIOT commercial chip in Global MBB forum health at Hong Kong.
Currently North America is dominating the NBIOT market. Asia Pacific is running fast in the market and hopefully will cover other regions very soon. Government agencies are highly promoting IOT with upcoming new development policies. In 2016 India also joined to make a complete makeover of it's 100 cities under the name of The Smart City Project.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Narrowband Internet-of-Things (IoT) Chipset in these regions, from 2012 to 2022 (forecast), covering
United States
EU
China
Japan
South Korea
Taiwan
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