#Low Power Wide Area Network (LPWAN) Market size

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IoT-based Asset Tracking and Monitoring Market Size in the Asia Pacific Region

In recent years, the Asia Pacific region has emerged as a key player in the global landscape of IoT-based asset tracking and monitoring solutions. With rapid urbanization, industrialization, and the proliferation of smart technologies, businesses and organizations across the region are increasingly turning to IoT solutions to optimize asset management, enhance operational efficiency, and improve productivity. As a result, the market for IoT-based asset tracking and monitoring in the Asia Pacific region is witnessing significant growth and evolution.

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Market Size and Growth: The Asia Pacific region is experiencing robust growth in the IoT-based asset tracking and monitoring market, driven by factors such as the expanding industrial and logistics sectors, increasing adoption of IoT technologies, and government initiatives promoting digitalization and smart infrastructure. According to market research reports, the IoT-based asset tracking and monitoring market in the Asia Pacific region is projected to reach a valuation of USD 9.2 billion by 2029 by 2029, growing at a 12.8% CAGR during the forecast period.

Key Drivers: Several factors contribute to the growth of the IoT-based asset tracking and monitoring market size in the Asia Pacific region. These include:

Rising Demand for Supply Chain Optimization: With the Asia Pacific region serving as a global hub for manufacturing and trade, there is a growing need for efficient supply chain management solutions. IoT-based asset tracking and monitoring technologies enable real-time visibility into the movement and status of assets, helping businesses streamline logistics operations, minimize delays, and reduce costs.

Focus on Fleet Management: The Asia Pacific region is home to a vast network of transportation and logistics companies, which rely heavily on fleet management solutions to ensure the timely and secure delivery of goods. IoT-based asset tracking and monitoring systems empower fleet operators to track vehicles, monitor driver behavior, optimize routes, and improve overall fleet efficiency.

Expansion of Smart Cities Initiatives: Many countries in the Asia Pacific region are investing in smart cities initiatives aimed at enhancing urban infrastructure, transportation systems, and public services. IoT-based asset tracking and monitoring solutions play a crucial role in these initiatives by enabling efficient management of city assets such as streetlights, waste bins, public transportation, and utilities.

Advancements in IoT Technology: Technological advancements in IoT sensors, connectivity, and data analytics are driving innovation in the field of asset tracking and monitoring. With the advent of low-power wide-area networks (LPWANs) and advancements in RFID and GPS technologies, IoT-based asset tracking solutions have become more affordable, scalable, and reliable, fueling market growth.

Market Dynamics: The IoT-based asset tracking and monitoring market in the Asia Pacific region is characterized by intense competition, rapid technological innovation, and evolving customer demands. Key market players are focusing on product innovation, strategic partnerships, and geographic expansion to gain a competitive edge in the market. Additionally, regulatory initiatives and industry standards are shaping the market landscape and influencing the adoption of IoT solutions across different sectors.

Future Outlook: Looking ahead, the future of the IoT-based asset tracking and monitoring market in the Asia Pacific region appears promising. As businesses and governments continue to prioritize digitalization and invest in IoT infrastructure, the demand for asset tracking and monitoring solutions is expected to grow. Moreover, the integration of IoT with emerging technologies such as artificial intelligence (AI), blockchain, and edge computing is likely to unlock new opportunities and use cases, further driving market expansion.

[narwatharsh01]

Wireless Market Symphony: Navigating Dimensions, Growth Drivers, and Future Harmonies Through Market Research Insights

Introduction:

The Wireless Market, a dynamic realm teeming with potential, beckons exploration through insightful analysis and strategic foresight. This article delves into the wireless market's intricacies, uncovering its size, growth drivers, major players, and the promising journey ahead.

Wireless Market Size and Impact:

In 2023, the Wireless Market orchestrates a harmonious tune, boasting a substantial USD 1.8 trillion. This symphony, fueled by interconnected devices and data traversing airwaves, is poised to crescendo to an impressive USD 3.2 trillion by 2028. From smartphones and Wi-Fi to Bluetooth and satellite communication, wireless technologies wield pervasive influence globally, with the Asia Pacific leading and North America maintaining a substantial share.

Wireless Market Growth Drivers:

Smartphone Revolution: With over 6.6 billion smartphones globally acting as conduits to the wireless world, there's an insatiable demand for connectivity.

5G Symphony: The ongoing 5G revolution promises unprecedented speeds, unlocking a new era of connected devices and applications, potentially disrupting industries such as healthcare, transportation, and entertainment.

IoT Crescendo: The Internet of Things (IoT) is a growing chorus, with billions of connected devices generating a symphony of data. Smart homes, wearables, and industrial automation contribute to this expanding orchestra.

These growth drivers translate into substantial revenue figures, with projections indicating the Wireless Market could generate an astounding USD 4.4 trillion by 2028, capturing the interest of investors and industry giants.

Wireless Market Major Players:

In the competitive arena of the wireless market, industry titans hold center stage:

Telecom Giants: Verizon, AT&T, China Mobile, and Vodafone dominate, orchestrating data waves across continents.

Tech Maestros: Apple, Samsung, Huawei, and Xiaomi lead the innovation chorus, crafting devices that seamlessly connect users to the wireless world.

Network Symphony Conductors: Ericsson, Nokia, and Cisco play pivotal roles in developing and deploying network technologies orchestrating data flow.

In-depth exploration reveals these players' strategies, partnerships, and competitive landscapes, offering invaluable insights for investors and established companies.

Wireless Industry Research Reports:

Navigating the wireless market's intricate dynamics requires reliable maps and guiding lights, embodied in Wireless Industry Research Reports. Armed with data-driven analyses, these reports shed light on market trends, challenges, opportunities, and the competitive landscape. By utilizing advanced methodologies and expert insights, these reports empower stakeholders to make informed decisions and capitalize on emerging growth avenues.

Wireless Market Future Outlook:

The wireless market's future holds vibrant possibilities:

Continued 5G Innovation: The 5G melody reaches new octaves, enabling applications like autonomous vehicles, immersive virtual reality, and real-time industrial automation.

AI and ML Integration: Artificial intelligence and machine learning harmonize with the network, optimizing performance, enhancing security, and personalizing user experiences.

Amplifying Emerging Technologies: Satellite-based internet and low-power wide-area networks (LPWAN) amplify the music, reaching underserved areas and connecting novel devices.

Conclusion:

The Wireless Market transcends mere commerce; it's a captivating symphony of human ingenuity and technological advancement. Through this exploration, its intricate dynamics, growth drivers, and transformative future become clear. As the wireless revolution progresses, the symphony of innovation and possibility continues to connect us all in this ever-expanding landscape of connectivity.

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Narrowband IoT Chipset Market is Booming Worldwide | Gaining Revolution In Eyes of Global Exposure

Latest business intelligence report released on Global Narrowband IoT Chipset Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Narrowband IoT Chipset market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:

Huawei (China)

Qualcomm (United States)

Samsung (South Korea)

Nordic Semiconductor (Norway)

Altair Semiconductor (Sony Group Company) (Israel)

Cheerzing (China)

Sercomm (Taiwan)

SIMCom (China)

Sequans Communications (France)

Sierra Wireless (Canada) Narrowband Internet of Things (NB-IoT) is known as a Low Power Wide Area Network (LPWAN) radio technology standard developed by the 3GPP to enable a wide range of cellular services and devices. The main advantages of narrowband IoT chipsets are deployed as a simple addition of new software to existing LTE infrastructure, leading to fast development, economies of scale, global roaming, and many others. Widening applications of Narrowband IoT technology and increasing participation of various industry players in the development of NB-IoT are among the factors which are fueling the growth of the NB-IoT chipset market. In addition to this, a rise in the use of connected devices and the growing adoption of IoT is further supplementing the growth of the NB-IoT chipset market. Key Market Trends: Increasing Participation of Industry Players in Development of NB-IoT Opportunities: Emerging Smart Cities and Smart Buildings Market Growth Drivers: Growing Adoption of IoT and Rise in Use of Connected Devices

Rising Demand for Low-Power, Low-Cost, and Long-Range Connectivity Technologies

Widening Applications of NB-IoT Technology Challenges: Long-Tail Ecosystem Consisting of Chipsets, Modules, Devices, and Application Platforms

Limited to Low-Speed Data Transmission Applications The Global Narrowband IoT Chipset Market segments and Market Data Break Down by Type (Standalone, Guard Band, In-Band), Application (Agriculture, Automotive, Energy, Others), Device (Smart Parking, Smart Meters, Trackers, Alarms and Detectors, Smart Streetlights, Smart Appliances, Wearable Devices, Other Devices)

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Global Narrowband IoT (NB-IoT) Market - WishTree Insight

Global Narrowband IoT (NB-IoT) Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032. Narrowband IoT (NB-IoT) is a low-power wide-area network (LPWAN) technology that is specifically designed for Internet of Things (IoT) devices and applications.

For more details visit: https://wishtreeinsight.com/reports-details/global-narrowband-iot-nb-iot-market-wishtree-insight

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Narrowband IoT ChipsetMarket Expectation Surges with Rising Demand and Changing Trends

Global Narrowband IoT Chipset Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include:

Huawei (China)

Qualcomm (United States)

Samsung (South Korea)

Nordic Semiconductor (Norway)

Altair Semiconductor (Sony Group Company) (Israel)

Cheerzing (China)

Sercomm (Taiwan)

SIMCom (China)

Sequans Communications (France)

Sierra Wireless (Canada) Narrowband Internet of Things (NB-IoT) is known as a Low Power Wide Area Network (LPWAN) radio technology standard developed by the 3GPP to enable a wide range of cellular services and devices. The main advantages of narrowband IoT chipsets are deployed as a simple addition of new software to existing LTE infrastructure, leading to fast development, economies of scale, global roaming, and many others. Widening applications of Narrowband IoT technology and increasing participation of various industry players in the development of NB-IoT are among the factors which are fueling the growth of the NB-IoT chipset market. In addition to this, a rise in the use of connected devices and the growing adoption of IoT is further supplementing the growth of the NB-IoT chipset market. Market Drivers Growing Adoption of IoT and Rise in Use of Connected Devices

Rising Demand for Low-Power, Low-Cost, and Long-Range Connectivity Technologies

Widening Applications of NB-IoT Technology

Market Trend Increasing Participation of Industry Players in Development of NB-IoT

Opportunities Emerging Smart Cities and Smart Buildings

Challenges Long-Tail Ecosystem Consisting of Chipsets, Modules, Devices, and Application Platforms

Limited to Low-Speed Data Transmission Applications

The Narrowband IoT Chipset market study is being classified 20115 Presented By

AMA Research & Media LLP

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Low Power Wide Area Network (LPWAN) Market Outlook by Demand, Technology & Trends To 2026

The report analyzes the leading players of the global Low Power Wide Area Network (LPWAN) market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Low Power Wide Area Network (LPWAN) market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. It also offers valuable recommendations for new as well as established players of the global Low Power Wide Area Network (LPWAN) market. It also provides beneficial insights for both new as well as established players of the global Low Power Wide Area Network (LPWAN) market.

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Major Players in Low Power Wide Area Network (LPWAN) market are: Semtech Corporation, AT&T Inc, Cisco Systems, Huawei Technologies, Actility, Ingenu, Loriot, Waviot, Link Labs Inc, Weightless Sig, SIGFOX, Senet Inc, Ubiik

Scope of the Report: The all-encompassing research weighs up on various aspects including but not limited to important industry definition, product applications, and product types. The pro-active approach towards analysis of investment feasibility, significant return on investment, supply chain management, import and export status, consumption volume and end-use offers more value to the overall statistics on the Low Power Wide Area Network (LPWAN) market. All factors that help business owners identify the next leg for growth are presented through self-explanatory resources such as charts, tables, and graphic images.

Market by Type

·         SIGFOX

·         LoRaWAN

·         Weigthless

·         NB-IoT

·         Others

Market by Application

·         Smart City

·         Transportation and Logistics

·         Healthcare Applications

·         Others

Major Regions that plays a vital role in LPWAN market are: - North America - Europe - China - Japan - Middle East & Africa - India - South America - Others

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Understanding the market size  The size of the Low Power Wide Area Network market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Low Power Wide Area Network report.  Exploring growth rate over a period Business owners looking to scale up their business can refer this report that contains data regarding the rise in sales within a given consumer base for the forecast period, 2019 to 2026. Product owners can use this information along with the driving factors such as demographics and revenue generated from other products discussed in the report to get a better analysis of their products and services. Besides, the research analysts have compared the market growth rate with the product sales to enable business owners to determine the success or failure of a specific product or service.

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The study objectives of this report are: - To analyze and study the global Low Power Wide Area Network (LPWAN) capacity, production, value, consumption, status (2013-2019) and forecast (2019-2026); - Focuses on the key Low Power Wide Area Network (LPWAN) manufacturers, to study the capacity, production, value, market share and development plans in future. - Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. - To define, describe and forecast the market by type, application and region. - To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. - To identify significant trends and factors driving or inhibiting the market growth. - To analyze the opportunities in the market for stakeholders by identifying the high growth segments. - To strategically analyze each submarket with respect to individual growth trend and their contribution to the market - To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market - To strategically profile the key players and comprehensively analyze their growth strategies.

Key elements from table of content: 7 Profile of Leading Low Power Wide Area Network (LPWAN) Players 7.1 Semtech Corporation 7.1.1 Company Snapshot 7.1.2 Product/Business Offered 7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share) 7.1.4 Strategy and SWOT Analysis 7.2 AT&T Inc 7.3 Cisco Systems 7.4 Huawei Technologies 7.5 Actility 7.6 Ingenu 7.7 Loriot 7.8 Waviot 7.9 Link Labs Inc 7.10 Weightless Sig Continued…

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Six Leading Types of IoT Wireless Technology and Their Best Applications

The Internet of Things and wireless devices begins with connectivity, but because IoT is such a diverse and multifaceted field, there is no such thing as a one-size-fits-all communication solution.

1. LPWANs Low Power Wide Area Networks (LPWANs) is a new phenomenon in the Internet of Things. This technology family is designed to support large-scale IoT networks that span vast industrial and commercial campuses by providing long-range communication on small, low-cost batteries that last for years.

2. Cellular (3G/4G/5G) Cellular networks, which have a long history in the consumer mobile market, offer dependable broadband communication that supports a wide range of voice calls and video streaming applications.

3. Zigbee and Other Mesh Protocols Zigbee is a wireless short-range, low-power standard (IEEE 802.15.4) that is commonly used in a mesh topology to extend coverage by relaying sensor data across multiple sensor nodes

4. Bluetooth and BLE Bluetooth, also known as a Wireless Personal Area Network, is a popular short-range communication technology in the consumer market

 5. Wi-Fi There is almost no need to explain Wi-Fi given its critical role in providing high-throughput data transfer for both enterprise and home environments.

6. RFID Radio Frequency Identification (RFID) is a technology that uses radio waves to send small amounts of data from an RFID tag to a reader over a short distance.

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Explore Size & Share of Industrial Wireless in Discrete Industries Market 2021 Research Report and Industry Forecast till 2027 | Know More

The latest industry report entitled the Global Industrial Wireless in Discrete Industries Market 2021 that focuses on market analyzes of the important factors with an in-depth approach and enables the user to assess the long-term based demand also predicts specific executions. This report provides qualitative analysis, explaining product scope and elaborating industry insights and outlook to 2026. The global Industrial Wireless in Discrete Industries market is a significant referral for crucial and well-known players in the current market. The information itemized in the report offers an exhaustive appraisal of the major dynamics of the Industrial Wireless in Discrete Industries market like the opportunities, market trends, limits, and business strategies. In addition, the report also shows the present fundamental industry events together with their relevant effect on the market. The market study report also involves the top key players in the global Industrial Wireless in Discrete Industries market such as (ABB, Cisco, Rockwell Automation, Schneider Electric, Siemens).

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The research report mainly covers the present market growth rates (%) of the Global Industrial Wireless in Discrete Industries market and its size on the basis of recent 5 years history data besides the company profile of top players/producers. The top to bottom statistics by segments of the market assist to monitor future benefits & to settle on crucial decisions for advancement. The report focuses on developments and trends, markets and materials, SWOT analysis, scope, technologies, CAPEX cycle and the changing format of The Global Industrial Wireless in Discrete Industries Market.

Global Industrial Wireless in Discrete Industries Market Analysis by Manufacturers/Players, by Product Type, Application, and Regions

Manufacturer ABB, Cisco, Rockwell Automation, Schneider Electric, Siemens

Product Type Wireless Local Area Network (WLAN), Wireless Personal Area Network (WPAN), Satellite (GNSS), Low-Power Wide-Area Network (LPWAN), Cellular

Applications Automotive industry, Electronics industry, Aerospace industry, Heavy machinery industry

Regions North America, South America, Europe, The Middle East, Africa, Asia-Pacific, South East Asia and the Rest of the world

Moreover, this report portrayed the primary product type, segments and sub-segments of the industry. This brief outline includes the business overview, revenue share, latest events, product offering, methods, and administration offering of the dominant players. An accurate appraisal of the leading organizations, together with their strategic aptitudes, containing innovation, cost, and consumer satisfaction have been included in this study report relating to the market. The raw numbers incorporated into the worldwide Industrial Wireless in Discrete Industries market report are included with the recognition and contribution from a global group of talented experts to give an up-to-date situation of the current advancements in the market.

The report provides comprehensive guidelines on the essential methodologies that have energized the market development nearby the technique that would be victorious in the expected time. The report also incorporates geographically of the Industrial Wireless in Discrete Industries market as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

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This intensive regional assessment provides the readers with a clear view of the most persuasive trends prevailing in each geographies area. Aside from this, the report additionally covers industry size and offers of these regions, together with expected measurements, which are useful for organizations in understanding the consumption growth of these regions. In addition, the worldwide Industrial Wireless in Discrete Industries market is surveyed as far as income (USD Million) and volume.

The Global Industrial Wireless in Discrete Industries Market divided by Product Type such as (Wireless Local Area Network (WLAN), Wireless Personal Area Network (WPAN), Satellite (GNSS), Low-Power Wide-Area Network (LPWAN), Cellular). Further, this analysis report is segmented by Application/end users like (Automotive industry, Electronics industry, Aerospace industry, Heavy machinery industry) based on historical and estimated industry share and compounded annual growth rate (CAGR in %) with size and Revenue (Million USD).

The analysis has utilized scientific instruments such as competitive overview helps and Porter’s Five Forces Analysis in translating the extent of strategies related to the usage in the global Industrial Wireless in Discrete Industries market in the anticipated stage.

This Study Report Offers Following Objectives:

1. Forecast and analysis of the global Industrial Wireless in Discrete Industries market sales, share, value, status (2016-2018) and forecast (2021-2026). 2. Analyze the regional as well as country level segments, share evolution for global Industrial Wireless in Discrete Industries Market. 3. Analysis of global industry-leading manufacturers/players. 4. Define and analyze the market competition landscape, SWOT analysis. 5. Forecasts and analysis of the segments, sub-segments and the regional markets based on the last of 5 years market history. 6. Analysis of the Industrial Wireless in Discrete Industries market by Type, by Application/end users and region wise. 7. Forecast and analysis of the Global Industrial Wireless in Discrete Industries Market Trends, Drivers, Investment Opportunities, Openings, Risk, Difficulties, and recommendations. 8. Analyze the significant driving factors, trends that restrict the market growth. 9. Describe the stakeholder's opportunities in the market by identifying the high-growth segments.

There are 15 Key Chapters Covered in the Global Industrial Wireless in Discrete Industries Market:

Chapter 1, Industry Overview of Global Industrial Wireless in Discrete Industries Market; Chapter 2, Classification, Specifications and Definition of market segment by Regions; Chapter 3, Industry Suppliers, Manufacturing Process and Cost Structure, Chain Structure, Raw Material; Chapter 4, Specialized Information and Manufacturing Plants Analysis, Limit and Business Production Rate, Manufacturing Plants Distribution, R&D Status, and Technology Sources Analysis; Chapter 5, Complete Market Research, Capacity, Sales and Sales Price Analysis with Company Segment; Chapter 6, Analysis of Regional Market that contains the United States, Europe, India, China, Japan, Korea & Taiwan; Chapter 7 & 8, Industrial Wireless in Discrete Industries Market Analysis by Major Manufacturers, The segment Market Analysis (by Type) and (by Application); Chapter 9, Regional Market Trend Analysis, Market Trend by Product Type and by Application: Chapter 10 & 11, Supply Chain Analysis, Regional Marketing Type Analysis, Global Trade Type Analysis; Chapter 12, The global Industrial Wireless in Discrete Industries industry consumers Analysis; Chapter 13, Research Findings/Conclusion, deals channel, traders, distributors, dealers analysis; Chapter 14 and 15, Appendix and data source of Industrial Wireless in Discrete Industries market.

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Navigating the IoT-based Asset Tracking Landscape: Market Insights and Trends

The global IoT-based asset tracking and monitoring market size is expected to grow from USD 5.0 billion in 2024 to USD 9.2 billion by 2029, at a CAGR of 12.8% from 2024 to 2029. 

IoT adoption in manufacturing industries helps manufacturers achieve the necessary data to manage complex production cycles and manufacturing equipment better, leading to improved operations and profitability. IoT in manufacturing solutions also enables manufacturers to shift from scheduled to predictive maintenance and continuous plant or machine monitoring to reduce downtime and boost production efficiency. For instance, with the emergence of IoT, solutions such as connected logistics and predictive maintenance enable automobile manufacturers to provide real-time data management and increase the machine life, reducing time and costs. Similarly, IoT-based asset tracking and monitoring solutions allow tracing shop floor tools and equipment to prevent misuse, overuse, or underuse and send alerts for maintenance.

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LoRa segment is expected to grow with highest CAGR during the forecast period.

LoRa is a long-range, low-power wireless platform used to build IoT networks across a compelling mix of long-range, low-power consumption, and secure data transmission. This technology is developed and promoted by the LoRa Alliance, an open, non-profit association that various companies initiated to standardize the LPWAN protocol. It is easy to plug into the existing infrastructure and offers a solution for battery-operated IoT applications. Semtech Corporation (US) has deployed LoRa technology into its chipsets. These chipsets are integrated into the products offered by its vast network of IoT partners and LPWANs provided by mobile network operators worldwide.

The market for manufacturing segment is projected to grow with substantial CAGR during the forecast period.

A good asset tracking and monitoring plan supports organizational objectives while maximizing industrial performance and reducing expenses. As opposed to other business arenas, the manufacturing industry players are widely adopting IoT-enabled asset tracking and monitoring systems. IoT-enabled asset management helps manufacturing businesses track, organize, and locate every piece of equipment, raw materials, and finished products. For instance, CNC machines, robots, conveyor belts, and other production machinery for performance monitoring and predictive maintenance and finished products in storage areas for quality control and efficient shipment. All these tasks take a lot of time and effort to complete manually. Most industries employ pricey handheld scanners for inventory control. These assets can now be tracked automatically using asset tracking solutions that are IoT enabled.

The market in Asia Pacific is projected to hold the substantial market share in 2029.

Asia Pacific is one of the major markets for chip and module manufacturing. The key countries in Asia Pacific considered for this study are China, Japan, India, India, and the Rest of Asia Pacific. China has the largest vehicle fleet in the world with the high adoption of IoT owing to the financial and strategic involvement of the government in the R&D of IoT-related technologies. As China is a major hub of semiconductor fabrication and manufacturing, its participation in implementing and developing IoT-based asset tracking modules and supporting connectivity technologies is crucial for the growth of these markets. With an increasing vehicle fleet, the demand for automated management is expected to increase, creating opportunities for such solution providers. Thus, many companies in the market are working towards capitalizing on these opportunities. For instance, Shenzhen Jimi IoT Co., Ltd. (China) offers solutions for car rental fleet management, taxi and ride-hailing fleet management, trailer tracking, logistics, and delivery. Companies offer solutions such as real-time location tracking, instant alert, geo-fencing, preventive maintenance, and similar insights.

Key Market Players

Quectel Wireless Solutions Co., Ltd (China), u-blox (Switzerland), Fibocom Wireless Inc. (China), Telit (US), Semtech Corporation (US), Samsara Inc. (US), and SEQUANS (France) are among a few top players in the IoT-based asset tracking and monitoring companies.

[karishmamulani]

Connected Worker Market Comprehensive Research Including Top Companies, Latest Trends

Connected Worker Market Comprehensive Research Including Top Companies, Latest Trends

The global Connected Worker market size is projected to reach USD 21.9 billion by 2028, growing at a CAGR of 27.0% during the forecast period. The report “Connected Worker Market Share, Size, Trends, Industry Analysis Report By Component; By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (LPWAN), Wireless Field Area Network (WFAN), and Zigbee); By…

[sueheaven]

Narrowband IoT Chipset Market is Booming Worldwide | Gaining Revolution In Eyes of Global Exposure

Latest business intelligence report released on Global Narrowband IoT Chipset Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Narrowband IoT Chipset market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:

Huawei (China)

Qualcomm (United States)

Samsung (South Korea)

Nordic Semiconductor (Norway)

Altair Semiconductor (Sony Group Company) (Israel)

Cheerzing (China)

Sercomm (Taiwan)

SIMCom (China)

Sequans Communications (France)

Sierra Wireless (Canada) Narrowband Internet of Things (NB-IoT) is known as a Low Power Wide Area Network (LPWAN) radio technology standard developed by the 3GPP to enable a wide range of cellular services and devices. The main advantages of narrowband IoT chipsets are deployed as a simple addition of new software to existing LTE infrastructure, leading to fast development, economies of scale, global roaming, and many others. Widening applications of Narrowband IoT technology and increasing participation of various industry players in the development of NB-IoT are among the factors which are fueling the growth of the NB-IoT chipset market. In addition to this, a rise in the use of connected devices and the growing adoption of IoT is further supplementing the growth of the NB-IoT chipset market. Key Market Trends: Increasing Participation of Industry Players in Development of NB-IoT Opportunities: Emerging Smart Cities and Smart Buildings Market Growth Drivers: Growing Adoption of IoT and Rise in Use of Connected Devices

Rising Demand for Low-Power, Low-Cost, and Long-Range Connectivity Technologies

Widening Applications of NB-IoT Technology Challenges: Long-Tail Ecosystem Consisting of Chipsets, Modules, Devices, and Application Platforms

Limited to Low-Speed Data Transmission Applications The Global Narrowband IoT Chipset Market segments and Market Data Break Down by Type (Standalone, Guard Band, In-Band), Application (Agriculture, Automotive, Energy, Others), Device (Smart Parking, Smart Meters, Trackers, Alarms and Detectors, Smart Streetlights, Smart Appliances, Wearable Devices, Other Devices)

Presented By

AMA Research & Media LLP

[kisan0318]

Private Narrowband IoT Market Share Analysis, COVID19 Impact on Growth, Industry Insights, Size, Global Demand and Forecast to 2027

Overview

Global Private Narrowband IoT Market is expected to reach USD 16,075.4 Million by 2025, growing at a CAGR of 92.1% during the forecast period (2019–2025). In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

Private narrowband Internet of Things (NB-IoT) is a new cellular standard for low-power wide-area (LPWA) M2M (machine to machine) communication. It is a standard created by the 3rd Generation Partnership Project (3GPP). Private NB-IoT offers several advantages over conventional 4G/LTE mobile connectivity technologies such as better indoor coverage, low cost, energy efficiency, and greater device connectivity. The hardware manufacturers offer various private NB-IoT modules that exhibit a maximum life expectancy of up to ten years. Private NB-IoT modules cost USD 15–20 and it is expected that the price will further drop in the upcoming years. Due to all these benefits, private NB-IoT technology is being significantly deployed for various end-use applications across the globe. Some of the key factors driving the market growth are increasing demand for LPWAN, low deployment cost, long battery life, extended coverage, and high security.

With the growth in the demand for LPWAN technology, the overall narrowband IoT market is increasing. LPWAN allows long-range communication at a low bit rate and is, therefore, regarded as one of the key technology choices for building IoT networks across the globe. These wireless technologies can be integrated into vehicles, streetlights, home appliances, manufacturing equipment, and even wearable devices. LPWAN offers a combination of long-range, low power consumption, and secure data transmission, which makes it one of the preferred network technologies. Well-established technology providers like NWave Technologies, Qualcomm Inc., Cisco Systems, AT&T Inc., and Huawei Technologies Co. Ltd among others offer various LPWAN technologies to a number of clients worldwide.

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Competitive Analysis

The Prominent Players operating in the Private Narrowband IoT Market are The Key Players of the Global Private Narrowband IoT Market are AT&T, Verizon Communications, China Mobile Limited, Huawei Technologies Co. Ltd, Intel Corporation, Telefónica, Vodafone Group Plc., Orange, China Unicom, Telstra, Nokia, Ericsson, Qualcomm Technologies Inc, Telecom Italia, Emirates Telecommunications Corporation.

Segmental Analysis

The Global Private Narrowband IoT Market has been segmented based on Application, Deployment, Vertical, and Region.

Based on the application, the private narrowband IoT has been segmented into real-time streaming analytics, asset tracking, smart parking management, security, logistics tracking, soil monitoring, and others. The smart parking management segment accounts for the largest market share in 2019. NB-IoT based vehicle detectors consume low power; they also have a standby life of three to five years. NB-IoT base stations offer broad and in-depth coverage. Along with this, the signals are enough to cover a one-story underground parking lot. Due to all the above-mentioned benefits, NB-IoT is increasingly being used for network communications in smart parking solutions. The companies are able to manage their parking places and increase the revenue collected from them with the help of NB-IoT-based smart parking systems.

Based on the deployment model, the market has been segmented into in-band, standalone, guard band. The guard band segment accounts for the largest market share in 2019. In the guard band deployment type, the operators deploy NB-IoT in the unused resource blocks within an LTE carrier. Here, the cellular services are present and NB-IoT is positioned in the guard band of LTE carriers. However, the LTE resources are not allocated which prevents the possible interference of LTE with NB-IoT.

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Based on industry vertical, the private narrowband IoT has been categorized as agriculture, logistics and transportation, healthcare, industrial manufacturing, energy and utilities, and others. The industrial manufacturing segment accounts for the largest market share in 2019. In the industrial manufacturing sector, NB-IoT is being implemented for various applications such as warehouse monitoring, safety and security, asset tracking, smart lighting, smart parking, and infrastructure monitoring. For instance, China Telecom, Huawei and a manufacturing company worked together to create an NB-IoT-based mold management solution. This solution automatically collects data about mold locations, tooling opening and closing numbers, and forming period. Based on this information, the SaaS-based execution operations provide services such as asset, spare part, and capacity management, mold operations, maintenance and repair management, and enterprise-level mold sharing

Regional Analysis

The regional analysis for the global private narrowband IoT has been conducted for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

The market in North America accounted for the largest market share in 2019, and it is expected to dominate the market in the coming years. The large share is owing to the presence of various leading device manufacturers and network service providers focusing on testing and commercial deployment of private narrowband IoT solutions for consumer applications.

The market in Asia-Pacific is expected to grow at the highest CAGR of 97.1% during the forecast period. For the purpose of analysis, Asia-Pacific has been categorized into China, Japan, India, and the rest of Asia-Pacific. China accounts for the largest share in the Asia-Pacific region. Japan and other emerging countries are also validly moving towards narrowband IoT Infrastructure due to the growing investment by various government and private agencies.

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Internet of Everything (IoE) Market

The Internet of Everything (IoE) Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Market Scenario

Internet of Everything (IoE) is an emerging technology comprising a broader scope by which every devices and products are connected through Internet. At present, IoE is at nascent stage and are likely to used in various application that include digital sensors, remote appliances, connected mobile devices, machine learning systems, and othersEmerging technologies such as big data, IoT are creating a significant impact on the world economy. In the year 2017, the market has witnessed more than 27 billion, out of which 4.3 billion and 5.2 billion connected devices comprises commercial & industrial sector and consumer electronics sectors.

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These numbers are likely to presumed to be rising with the commendable growth rate owing to rising investment of technological giants, advanced computing technologies that has transformed the information and communication (ICT) sectors across the economies. Thus, rise in number of connected devices are driving the Internet of Everything (IoE) market during the forecast period. Furthermore, rising cloud computing infrastructure services, emergence of disruptive technologies such as artificial intelligence, Big data analytics are also some of the driving forces of the IoE market.

Lack of reliable network infrastructure need for high speed connectivity, security, and privacy concerns are some of the barriers for the IoE market growth. However, increased investment to develop high IoT platforms are considered to high potential areas where the market is likely to count on during the assessment period. Furthermore, improving congestion management and reducing carbon emissions, smart city applications are some other new revenue streams for the IoE market. Also, predictive maintenance, self-optimization, automated inventory management are some of the other forefront uses cases of the IoE market.Globally, the Internet of Everything (IoE) market is gain a significant market growth with a CAGR of 19.5% during the forecast period 2018-2023.

Segmentation

The IoE market is broadly classified into component, network technology, application, and end user.Based on component, the IoE market is segmented into hardware, software, and services. The services categorized into professional services and managed services. The services further categorized into consulting services, implementation services and others.

The network technologies segregated into Wi-Fi, Bluetooth, cellular technologies,802.15.4, GPS/GNSS, NFC devices & tags, RFID tags (active & passive), low-power wide area network (LPWAN), fixed line, satellite, other wireless technologies. Furthermore, the market is categorized into application areas namely connected car, smart home, wearable computing & mobile devices, smart cities & buildings, smart metering, and others.  Lastly, based on end-user, government, retail, BFSI, healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics, and others.

Key Players

Since the global Internet of everything (IoE) market is a fusion of ecosystems comprising Internet of Things, people and process. Therefore, companies include are application providers, communcation providers, platform providers, and others.

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Some of the key players include Cisco System Inc (US), AT& T Inc. (US), Nokia Corporation (Finland), Juniper Networks (US), Ericsson AB (Sweden), Huawei Technolgies Co Ltd.(China), SAMSUNG (South Korea), Robert Bosch AG (Germany), Koninklijke Philips N.V (Netherlands), Qualcomm (US), Infineon Technolgies (US), Texas Instruments (US), SAP SE (France), Amazon Web Services (US), and Other incumbent companies.

Some other new age companies that also gained a significant market share in the IoE market include Nest Labs (US), Mesh systems LLC (US), ThinxNet GmbH (Germany), Sigfox (France), Cloudera (US), resin.io (US), IOTA computing Inc.(US), and other new age companies.

Regional Analysis

The geographical analysis of global Internet of everything (IoE) market is studied for North America, Europe Asia-Pacific and the rest of the world.Europe region is expected to be the fastest growing Internet of Everything (IoE) market. The market growth is due to the presence network giants and increasing adoption Narrowband IoT modules and applications. Additionally, the North America is expected to be the leading region in the market share in the global Internet of everything market and likely to be remain the dominating region during the forecast period. The market growth in the due to advanced network infrastructure and increased IoT expenditure among the leading industrial giants. However, the Asia-Pacific region is expected to gain a gradual growth. The market growth is attributed to rapid development of building efficient-network infrastructure and reducing cost MEMS sensors is likely to gain pace for the market growth.

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Target Audience

Government agencies, Research Firms

IoT chipset developers

Technology manufacturers

Consulting companies

Handset manufacturers, IoT Platform providers, network service providers

Industry Associations, telecom services regulators

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Private Narrowband IoT Market Research Report - Global Forecast till 2025

Private Narrowband IoT Market Research Report - Global Forecast till 2025

 Market Snapshot

Global Private Narrowband-Internet of Things (NB-IoT) Market is expected to grow at a CAGR of 92.1% from the year 2019–2025. The market is driven by increasing demand for low-power wide-area network (LPWAN), globally.  Also, since private NB-IoT offers several benefits including low deployment cost and long battery life, it is deployed for a number of applications including industrial manufacturing, logistics and transportation, energy & utilities, agriculture, and healthcare among others, thereby driving the overall market. Private NB-IoTs offer extended coverage and higher security over its substitutes. The private NB-IoT technology is being deployed recently for commercial purposes, with pilot testing projects being run at various locations in the past two years. The private NB-IoT solutions have evolved significantly over the last two years and the applications of this technology are expected to increase significantly in the future.

The value chain of private narrowband IoT consists of four key stakeholders namely, component manufacturers, telecom operators (MNOs and MVNOs), system integrators, and verticals. The manufacturers usually partner with other stakeholders in order to efficiently sell their solutions in the market. They tend to build strong relationships with regional resellers/suppliers so that they can expand their presence in the stipulated area. In terms of Porter's five forces analysis, the market is expected to witness moderate to high rivalry. Currently, telecom operators are investing in private NB-IoT projects and are running pilot projects in various regions/countries. As the demand for NB-IoT connectivity increases among industry verticals, these telecom operators will try to cater to the market demand by providing efficient private NB-IoT services, thereby increasing the competition/rivalry in the market in the years to come.

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Key Developments  

In April 2019, AT&T launched a narrowband (NB-IoT) network across the US     in addition to its low-power wide-area networks (LPWANS) in order to     remain competitive in the private narrowband IoT market. This further     helps the company to increase its customer base.

In May 2019, Verizon has launched its nationwide NB-IoT network, which the     carrier claims, covers 92% of the total US population. The network is     capable of managing both IP and non-IP traffics. Non-IP traffic management     can be used for devices and solutions that are not traditionally connected     to mobile networks, such as alarm panels, environmental sensors,     industrial appliances, factory equipment, and parking meters. Verizon     maintains that the network can also be used in smart city applications.

In Feb 2019, China Mobile Limited partnered with Singtel, a Singapore-based     telecommunication company, to expand the IoT market to the Asia-Pacific     region. China Mobile Limited also partnered to provide its narrowband-IoT     (NB-IoT) products and services in Singapore using Singtel’s network.

In November 2017, Gemalto and Huawei—via its semiconductor arm, HiSilicon,     announced their partnership to develop NB-IoT modules with a focus on     security and low power consumption. These modules can be used in a range     of IoT devices to reduce both size and production costs. The initiative     will combine expertise from both companies in an effort to appeal to     manufacturers to meet the growing demand for NB-IoT enabled devices.

   Regional Analysis

·        Geographically, the global private narrowband IoT market has been segmented into Asia-Pacific, North America, Europe, and the Middle East & Africa, and South America.

·        North America dominates the global private narrowband IoT market owing to the presence of various leading device manufacturers and network service providers focusing on testing and commercial deployment of private narrowband IoT solutions for consumer applications. These market players are working towards the development of new modules and deployment of private NB-IoT networks to enhance the coverage and increase the scope of commercial applications where the technology can be applied. Moreover, the growing tech-savvy population and continued adoption of emerging technologies for personal and business applications are some of the other major factors driving the growth of the private narrowband IoT market in North America.

·        IoT device shipments in Asia is expected to reach 12.7 billion units by 2030. The market for NB-IoT is expected to grow significantly in the forecast period in the region. At present, NB-IoT is deployed in countries such as China, Taiwan, Hong Kong, Singapore, Thailand, Bangladesh, Sri Lanka, Japan, South Korea, New Zealand, Indonesia, and Australia. The region has a huge potential as NB-IoT as it uses the mobile wireless network which offers better scalability, quality of service, and security as compared to unlicensed LPWA networks such as LoRa/Sigfox. Along with this, it offers long battery life due to low power consumption.  The price of  NB-IoT modules/chipset is expected to decline in the coming year.

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 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR),Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Office No. 524/528, Amanora Chambers

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