The global narrowband-Iot (NB-IoT) market size is expected to reach USD 6,020.2 million by 2025, registering a CAGR of 34.9% from 2019 to 2025. The growing demand for deployment of innovative technologies to track and monitor assets and people accurately in line with the smart city initiatives being pursued aggressively all around the world is expected to drive the growth of the market. Other factors, such as low power consumption, lower component costs, and wider coverage, are also expected to contribute toward the growth of the market.
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Narrowband-IoT, which is also known as LTE Cat NB1, happens to be a Low Power Wide Area (LPWA) network technology standard used to connect a wide range of smart sensors and devices using a wireless cellular network. NB-IoT devices operate in the licensed spectrum and ensure secure and reliable connectivity to end users.
Incumbents of the automotive industry are responding to the passengers' safety concerns by adopting emerging technologies that can potentially offer safer, convenient, and efficient transportation. As such, the use of Narrowband-IoT in the automotive industry is growing rapidly owing to the capability of NB-IoT to accurately track vehicles, identify and avoid highway congestions, and subsequently contribute toward effective traffic management. The looming commercialization of the upcoming connected and autonomous vehicles is also expected to play a key role in driving the growth of the NB-IoT market over the forecast period.
Energy and utility companies are widely adopting the NB-IoT technology for smart meters to remotely monitor the usage of power, water, and gas in residential and commercial buildings, and to obtain the usage data for issuing monthly bills. The usage data also helps energy and utility companies in tracking the consumption and formulating energy-saving strategies accordingly.
Further key findings from the study suggest:
- The module segment is anticipated to emerge as the fastest-growing segment over the forecast period owing to the increasing number of IoT applications and declining manufacturing costs of NB-IoT modules
- The tracker segment is anticipated to gain traction over the forecast period owing to the growing use of trackers for tracking and monitoring production processes and assets, particularly those which are difficult to monitor manually
- The wearables segment is expected to witness the fastest growth over the forecast period due to the increasing demand for wearables such as fitness wristbands to monitor exercise activities and health monitoring devices to monitor the health status, as well as other dedicated wearables to track children and elderly people for safety purposes
- Asia Pacific is expected to register the highest CAGR from 2019 to 2025 owing to the rapidly growing demand for wearables and smartphones in line with the continued urbanization and various smart city initiatives being undertaken
- Key players operating in the NB-IoT market include AT&T; Huawei Technologies Co., Ltd.; Qualcomm Technologies, Inc.; Cellco Partnership (Verizon Wireless); MediaTek Inc.; T-Mobile US, Inc.; Intel Corporation; Nokia; Vodafone Group PLC; Sequans; Telefonaktiebolaget LM Ericsson; and Altair Semiconductor.
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The occupancy sensor market size is estimated to grow from USD 1.14 Billion in 2015 to USD 2.78 Billion by 2020, at an estimated CAGR of 19.5% between 2015 and 2020.One of the major growth drivers for occupancy sensor market is the increasing demand among the various industry verticals (residential buildings and commercial buildings) for the energy-efficient devices.
Applications such as lighting control, HVAC systems, and security surveillance majorly utilizes occupancy sensors to reduce the level of energy consumption.Ask for PDF Copy:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3859894PIR-based occupancy sensor to play a key role in the occupancy sensor marketIn the total occupancy sensor market on the basis of technology, the PIR technology is widely utilized.
The PIR-based sensors are ideal and the oldest among the occupancy detection and cheaper as compared to other sensors; therefore, they are used extensively in almost all the major applications such as lighting and HVAC control.Supportive government plans and programs contributes towards the development of occupancy sensorsOccupancy sensors have been highlighted as a way to reduce energy consumption.
With regards to this, not only private firms but also public firms and government bodies are taking effective measures for the implementation of occupancy sensors in most of the building types.
With regards to total energy consumption in the U.S., commercial buildings and industrial plants together account for more than 50% of the consumption which is equal to approximately USD 400 billion of energy costNorth America expected to contribute the largest market share, European region to grow at the highest rateThe North American market is estimated to hold the major market share between 2015 and 2020.
Some of the major reasons behind this are; increasing demand for energy-efficient devices and key players located in the region such as Leviton Manufacturing Co. Inc. (U.S.), Lutron Electronics Co, Inc. (U.S.) Honeywell International, Inc. (U.S.), Johnson Controls Inc. (U.S.), General Electric Company (U.S.), Acuity Brands, Inc. (U.S.), and Hubbell Incorporated (U.S.) among others.
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About IoT ChipsetAn loT chipset comprises of one or more application-specific integrated circuits (ASICs), including microcontroller units (MCUs), memory devices, and radio frequency (RF) components, as well as a software stack.
It supports multiple wired and wireless protocols operating in multiple frequency bands.Radiant Insights analysts forecast the global IoT chipset market to grow at a CAGR of 13.22% during the period 2018-2022.Covered in this report The report covers the present scenario and the growth prospects of the global IoT chipset market for 2018-2022.
To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography: AmericasAPACEMEARadiant Insights report, Global IoT Chipset Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.Key vendors Altair SemiconductorIntelMediaTekNXP SemiconductorsQUALCOMMSAMSUNGSTMicroelectronicsMarket driver Increasing number of smart devices and applicationsFor a full, detailed list, view our reportRequest A Sample Copy Of This Report at: https://www.radiantinsights.com/research/global-iot-chipset-market-2018-2022/request-sampleMarket challenge Privacy and security concernsFor a full, detailed list, view our reportMarket trend Introduction of NB-IoT technologyFor a full, detailed list, view our reportKey questions answered in this report What will the market size be in 2022 and what will the growth rate be?What are the key market trends?What is driving this market?What are the challenges to market growth?Who are the key vendors in this market space?To Browse Full Research Report @: https://www.radiantinsights.com/research/global-iot-chipset-market-2018-2022About Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
UpMarketResearch offers a latest published report on “Global Wireless Chipsets Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
Wireless Chipsets market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.For more information @ https://www.upmarketresearch.com/home/enquiry_before_buying/6630 The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
The report for Wireless Chipsets market industry analysis & forecast 2018-2025 is segmented into Product Segment, Application Segment & Major players.Region-wise Analysis Global Wireless Chipsets Market covers:North AmericaEuropeChinaJapanIndiaSoutheast AsiaOther regions (Central & South America, Middle East & Africa)The major manufacturers covered in this report Samsung ElectronicsQualcomm IncorporatedTexas InstrumentsAltair SemiconductorSequans CommunicationsAtmel CorporationApple IncIntel CorporationMarvell TechnologyMediaTekGct SemiconductorSpreadtrum CommunicationsBroadcom CorporationFree Scale SemiconductorGreen Peak TechnologiesOn the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split intoWi-Fi/WLAN ChipsetsWireless Display/Video ChipsetsMobile WiMAX & LTE ChipsetsZigBee ChipsetsBy Application, the market can be split intoConsumer ElectronicsAutomationCommunicationsKey StakeholdersWireless Chipsets ManufacturersWireless Chipsets Distributors/Traders/WholesalersWireless Chipsets Subcomponent ManufacturersIndustry AssociationDownstream VendorsThe Report covers in-depth analysis as follows:Chapter 1 Industry Overview of Wireless ChipsetsChapter 2 Manufacturing Cost Structure Analysis of Wireless ChipsetsChapter 3 Technical Data and Manufacturing Plants Analysis of Wireless ChipsetsChapter 4 Global Wireless Chipsets Overall Market OverviewChapter 5 Wireless Chipsets Regional Market AnalysisChapter 6 Global 2013-2018E Wireless Chipsets Segment Market Analysis (by Type)Chapter 7 Global 2013-2018E Wireless Chipsets Segment Market Analysis (by Application)Chapter 8 Major Manufacturers Analysis of Wireless ChipsetsChapter 9 Development Trend of Analysis of Wireless Chipsets MarketChapter 10 Wireless Chipsets Marketing Type AnalysisChapter 11 Consumers Analysis of Wireless ChipsetsChapter 12 Conclusion of the Global Wireless Chipsets Market Professional Survey Report 2017Buy this report @ https://www.upmarketresearch.com/buy/wireless-chipsets-market“Global Wireless Chipsets Market Industry Analysis and Forecast 2018-2025” report helps the clients to take business decisions and to understand strategies of major players in the industry.
Market Analysis and Insights: Global LTE and 5G Broadcast Market LTE and 5G Broadcast Market By Technology (LTE Broadcast,.5G Broadcast), End- User (Video on Demand, Mobile TV, Connected Cars, Emergency Alerts, Stadiums, E-Newspapers and E-Magazines, Fixed LTE Quadruple Play, Last Mile Content Delivery Network, Radio, Data Feeds & Notifications, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026Download Exclusive Sample PDF at: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lte-and-5g-broadcast-marketGlobal LTE and 5G broadcast market is set to witness a healthy CAGR of 11.85% in the forecast period of 2019- 2026.
The report contains data of the base year 2018 and historic year 2017.
Increasing demand for high quality public safety communication system and rising monetizing network bandwidth through new business models are the factor for the growth of this market.Market Definition: Global LTE and 5G Broadcast Market5G is the cellular network technology of the fifth generation.
LTE and 5G broadcast techniques assign a part of wireless network assets to host specific content, enabling a provider to send a single information flow to all mobile users in a given region, rather than sending a single stream to each user.
These networks are widely used in connected cars, video on demand, e- newspaper, content delivery network, radio, data feeds and others.
5 G Broadcast gives TV broadcasters and content providers the chance to extend their reach to clients as the technology enables them to directly address mobile devices.Market Drivers:Rising demand for smartphones will drive the market growthGrowing LTE mobile subscriber will also accelerate the growth of this marketIncreasing video traffic and growing demand for seamless mobile data service will can act as a market driverIncreasing demand for minimizing the network capacity congestion will also contribute as a factor propelling this market growthMajor Market Competitors/PlayersFew of the major competitors currently working in the global LTE and 5G broadcast market are Qualcomm Technologies, Inc., SAMSUNG, Huawei Technologies Co., Ltd., Cisco, ZTE Corporation., Telefonaktiebolaget LM Ericsson, Nokia, NEC Corporation, EXPWAY, AT Intellectual Property, Intel Corporation, Verizon, T-Mobile USA, INC, Keysight Technologies, Altair Semiconductor, Airspan, Athonet srl, Fortinet, Inc., Mpirical Limited, Juniper Networks, Inc. among others.Have Any Query?
