Long-Term Evolution Internet of Things Market which is specially designed for internet of things devices so they can connect directly to the 4G network without any batteries or gateway. Long term evolution internets of things consist of two technologies LTW-M and NB- IoT. They can be used wide number of mobile IoT applications such as wearables, asset tracking, wearables among others. They are widely used in industries such as healthcare, logistics, energy and utilities.

Global long-term evolution (LTE) internet of things (IoT) market is set to witness a healthy CAGR of 28.51% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for safe connectivity for IoT applications and increasing demand for smart inventory management are the factor for the market growth.

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Competitive Analysis: Global Long-Term Evolution Internet of Things Market

Few of the major competitors currently working in Global Long-Term Evolution Internet of Things Market are Telefonaktiebolaget LM Ericsson; Vodafone Group; Telstra; Sierra Wireless; PureSoftware; SEQUANS.; Orange Business Services; T-MOBILE USA, INC.; TELUS; MediaTek Inc; Athonet srl; NetNumber Inc.; Telensa; Actility S.A.; LINK LABS; Telia Company; Accent Advanced Systems, SLU; MediaTek Inc.; Halberd Bastion Pty Ltd; Qualcomm Technologies, Inc.; u-blox; among other.

Key Pointers Covered in the Global Long-Term Evolution Internet of Things Market Trends and Forecast to 2026

  • Global Long-Term Evolution Internet of Things Market New Sales Volumes
  • Global Long-Term Evolution Internet of Things Market Replacement Sales Volumes
  • Global Long-Term Evolution Internet of Things Market Installed Base
  • Global Long-Term Evolution Internet of Things Market By Brands
  • Global Long-Term Evolution Internet of Things Market Size
  • Global Long-Term Evolution Internet of Things Market Procedure Volumes
  • Global Long-Term Evolution Internet of Things Market Product Price Analysis
  • Global Long-Term Evolution Internet of Things Market Healthcare Outcomes
  • Global Long-Term Evolution Internet of Things Market Cost of Care Analysis
  • Global Long-Term Evolution Internet of Things Market Regulatory Framework and Changes
  • Global Long-Term Evolution Internet of Things Market Prices and Reimbursement Analysis
  • Global Long-Term Evolution Internet of Things Market Shares in Different Regions
  • Recent Developments for Global Long-Term Evolution Internet of Things Market Competitors
  • Global Long-Term Evolution Internet of Things Market Upcoming Applications
  • Global Long-Term Evolution Internet of Things Market Innovators Study

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Key Developments in the Market:

  • In February 2017, Arm Limited announced the acquisition of Next-G Communications, Inc and Mistbase. With this acquisition the company is planning to combine its chip security technologies with specialist NB-IoT. This acquisition will help the company to strengthen their market position and provide better solutions to their customers
  • In January 2016, Sony Corporation announced the acquisition of Altair Semiconductor. Through Altair's acquisition, Sony intends not only to expand Altair's existing business, but also to advance research into and develop new sensing technologies. The company is planning to combine their sensing technologies with Altair's high-performance, low power consumption and cost-competitive modem chip technology so they can develop cellular-connected, sensing component devices.

Market Drivers:

  • Increasing number of connected devices will drive the market growth
  • Growing demand for defined network qualities drives the growth of this market
  • Rising need for long range connectivity among IoT devices will also contribute as a factor for the market growth
  • Easy deployment in the present cellular network infrastructure is another factor surging the growth of the market in the forecast period

Market Restraints:

  • Operational failure due to network infrastructure upgrades will hamper the market growth
  • They don’t have ability to provide protection against new forms of attacks will also restrict the growth of this market

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Key insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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