#Low Power Wide Area Network (LPWAN) Market trends

[vikassagaar]

🚀 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝘃𝗶𝘁𝘆: 𝗧𝗵𝗲 𝗟𝗼𝘄 𝗣𝗼𝘄𝗲𝗿 𝗪𝗶𝗱𝗲 𝗔𝗿𝗲𝗮 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 (𝗟𝗣𝗪𝗔𝗡) 𝗠𝗮𝗿𝗸𝗲𝘁 🌍

The Global Market for Low Power Wide Area Network is forecast to reach $2.5 billion by 2026, growing at a CAGR of 12.7% from 2021 to 2026.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://lnkd.in/eruCKdey

💡 𝗪𝗵𝗮𝘁’𝘀 𝗡𝗲𝘅𝘁? The future of LPWAN #looks bright with continuous #advancements and #growing industry adoption. Stay ahead of the #curve by #understanding the trends and opportunities in this dynamic #market.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: LABS | Ingenu | LORIOT | Nwave | Orange | Qualcomm | Semtech | SENET | Verint |NEC Open Networks | Electrocon International Inc | Serenity Connections |Riverbed Technology| Commvault | Cradlepoint, part of Ericsson | Questx |

[robertemma27-blog]

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.

Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118687881

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.

[azothreports]

Global Cellular IoT Devices Market: A Comprehensive Analysis of Trends, Challenges, and Innovations

The Global Cellular IoT Devices Market is a dynamic sector at the intersection of telecommunications, the Internet of Things (IoT), and digital innovation. It encompasses devices that connect to cellular networks to communicate and exchange data, enabling a wide array of applications from smart home automation to industrial monitoring and control. As the IoT ecosystem expands, cellular connectivity is becoming increasingly crucial for enabling seamless, reliable communication across various devices and platforms.

Market Overview: The State of Cellular IoT Devices Development

The cellular IoT devices market is witnessing exponential growth, driven by the widespread adoption of IoT technologies across industries and the continuous evolution of cellular networks, including the rollout of 5G. According to a report by Ericsson, the number of cellular IoT connections is expected to reach several billion by 2025, highlighting the market's significant potential. This growth is underpinned by the demand for connected devices that can offer enhanced efficiency, real-time data access, and autonomous operations.

Growth Drivers: Catalysts Fueling the Market

Several factors are propelling the growth of the cellular IoT devices market. The deployment of 5G networks is a major driver, offering higher speeds, lower latency, and increased connection density, which are essential for IoT applications. Additionally, the need for remote monitoring and management in various sectors, including healthcare, agriculture, and manufacturing, is boosting the demand for cellular IoT solutions.

Advancements in low-power wide-area network (LPWAN) technologies, such as NB-IoT and LTE-M, are also significant. These technologies enable devices to communicate efficiently over long distances while consuming minimal power, making them ideal for IoT applications that require long battery life and wide coverage.

Challenges: Navigating Through Industry Hurdles

Despite its rapid growth, the Cellular IoT Devices Market faces challenges that could impact its expansion. One of the primary challenges is the complexity of integrating cellular technology into IoT devices, which requires significant expertise and investment. Security concerns are another major issue, as the increasing number of connected devices creates more potential entry points for cyberattacks, necessitating robust security measures to protect sensitive data.

[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.

[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

[wishtree123]

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

[pranav678]

Europe Automotive Surround View Systems Market Future Growth Potential, Demand, Analysis By 2026

 Automotive Surround View Systems Market 2023 research report has been released, providing comprehensive insights into the current state and future prospects of the  Automotive Surround View Systems Market. The report includes a detailed analysis of market trends, growth drivers, challenges, and opportunities in the industry, along with a thorough examination of the competitive landscap

e and market share analysis of the leading players in the market.

[blogs-station]

What The Telecom Industry Could Look Like in 10 Years: Predictions & Possibilities

The telecommunications industry has undergone massive transformation in the past decade and is expected to continue its evolution in the coming years. With the rise of 5G networks and advancements in AI, IoT, and cloud technology, the telecom industry is set to change dramatically over the next ten years. In this blog, we will explore some of the key trends that are likely to shape the telecom industry in the next decade.

The rollout of 5G networks is the most significant development in the telecom industry in recent times. 5G offers faster speeds, lower latency, and increased reliability compared to previous generations of mobile networks. The widespread adoption of 5G networks will have far-reaching implications for various industries, including healthcare, transportation, and entertainment.

In the next decade, 5G networks will become the norm, and service providers will compete to offer the best coverage and quality of service. The deployment of 5G networks is likely to continue at a rapid pace, and the industry is expected to invest heavily in the infrastructure needed to support 5G services. This increased investment will drive innovation and competition in the industry, leading to better and more affordable services for consumers.

Such as, Mobilelink, Cricket Wireless authorized retailer has already taken a step to facilitate customers even more by offering private consultation with the dealers to help consumers in their choice of plan or services. MobilyLLC, AT&T authorized retailer, has also copied this strategy and is trying to incorporate it in their business model.

Artificial intelligence and machine learning will play a significant role in shaping the telecom industry in the next decade. AI-powered tools will help service providers improve network performance, predict customer behaviour, and provide personalized services. AI algorithms can also be used to automate many routine tasks, freeing up staff to focus on more complex and critical tasks.

Service providers will use AI to monitor network performance in real-time, making it possible to detect and resolve issues quickly. This increased automation and real-time monitoring will result in more efficient and reliable networks, providing a better experience for customers.

The growth of the Internet of Things (IoT) will continue to be a significant trend in the telecom industry in the next decade. IoT devices, such as smart homes, wearables, and connected vehicles, are expected to increase dramatically, creating new opportunities for service providers to offer value-added services.

Service providers will need to invest in the infrastructure needed to support the growing number of IoT devices, including the deployment of low-power, wide-area networks (LPWAN) that are specifically designed for IoT devices. The increased demand for IoT services will drive innovation and competition in the industry, leading to new and improved services for consumers.

Cloud technology will continue to play a significant role in the telecom industry in the next decade. Service providers are expected to increasingly adopt cloud technology to support the growing demand for data-intensive services. Cloud technology offers a more flexible, scalable, and cost-effective solution compared to traditional infrastructure.

Service providers will use cloud technology to provide new and innovative services, such as virtual and augmented reality, cloud gaming, and other data-intensive services. This increased use of cloud technology will result in more efficient and reliable networks, providing a better experience for customers.

The telecom industry is expected to become even more competitive in the next decade, as new players enter the market and existing players expand their offerings. The increasing demand for data-intensive services, such as 5G and IoT, will create new opportunities for service providers to differentiate themselves and offer innovative services. Service providers will need to remain competitive by offering affordable prices, high-quality services, and excellent customer support. The increased competition will drive innovation and investment in the industry, leading to better and more affordable services for consumers.

[ellinapark]

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

[businessconsultingarticle]

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.

Request FREE sample report in PDF format available @ https://www.marketexpertz.com/sample-enquiry-form/45370

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

Buy Complete Report on LPWAN Market@ https://www.marketexpertz.com/checkout-form/45370

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.

Ask for discount @ https://www.marketexpertz.com/discount-enquiry-form/45370

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…

Browse the report description @ https://www.marketexpertz.com/industry-overview/low-power-wide-area-network-lpwan-market

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[blogsbysteeve]

LPWAN Market Analysis    Trends, Growth And Regional Outlook and Forecast

LPWAN Market Analysis    Trends, Growth And Regional Outlook and Forecast

Market Highlights The global low power wide area network market is projected to witness a rapid growth during the forecast period owing to increasing emergence of connected devices and increasing benefits of the internet of things. Moreover, increasing demand for low power wide area network across various industry verticals such as agriculture, smart logistics and transportation, healthcare,…

[azothreports]

Global Cellular IoT Devices Market: A Comprehensive Analysis of Trends, Challenges, and Innovations

The Global Cellular IoT Devices Market is a dynamic sector at the intersection of telecommunications, the Internet of Things (IoT), and digital innovation. It encompasses devices that connect to cellular networks to communicate and exchange data, enabling a wide array of applications from smart home automation to industrial monitoring and control. As the IoT ecosystem expands, cellular connectivity is becoming increasingly crucial for enabling seamless, reliable communication across various devices and platforms.

Market Overview: The State of Cellular IoT Devices Development

The cellular IoT devices market is witnessing exponential growth, driven by the widespread adoption of IoT technologies across industries and the continuous evolution of cellular networks, including the rollout of 5G. According to a report by Ericsson, the number of cellular IoT connections is expected to reach several billion by 2025, highlighting the market's significant potential. This growth is underpinned by the demand for connected devices that can offer enhanced efficiency, real-time data access, and autonomous operations.

Growth Drivers: Catalysts Fueling the Market

Several factors are propelling the growth of the cellular IoT devices market. The deployment of 5G networks is a major driver, offering higher speeds, lower latency, and increased connection density, which are essential for IoT applications. Additionally, the need for remote monitoring and management in various sectors, including healthcare, agriculture, and manufacturing, is boosting the demand for cellular IoT solutions.

Advancements in low-power wide-area network (LPWAN) technologies, such as NB-IoT and LTE-M, are also significant. These technologies enable devices to communicate efficiently over long distances while consuming minimal power, making them ideal for IoT applications that require long battery life and wide coverage.

Challenges: Navigating Through Industry Hurdles

Despite its rapid growth, the Cellular IoT Devices Market faces challenges that could impact its expansion. One of the primary challenges is the complexity of integrating cellular technology into IoT devices, which requires significant expertise and investment. Security concerns are another major issue, as the increasing number of connected devices creates more potential entry points for cyberattacks, necessitating robust security measures to protect sensitive data.

Furthermore, the fragmentation of standards and technologies in the IoT ecosystem can complicate the development and deployment of cellular IoT solutions. Compatibility and interoperability issues between different devices, networks, and platforms need to be addressed to realize the full potential of cellular IoT.

[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

[instanttimetravelnut]

Cellular IOT Market to Witness Rapid Surge During the Period 2018 to 2026

According to a recent market report published by Persistence Market Research titled, ‘Cellular IoT Market – Global Industry Analysis 2013–2017 and Forecast 2018–2026’, the cellular IoT market was valued at US$ 1,145.2 Mn in 2017, and is expected to register a CAGR of 26.7% from 2018 to 2026.

The increasing demand for connected devices across verticals and the implementation of advanced cellular technologies such as 5G, NB-IoT, LTE-M, and others are the major factors driving the growth of the cellular IoT market. Also, the launch of 3GPP-standards-based IoT networks and increase in smart city projects across the globe are the primary factors that are expected to boost the growth of the cellular IoT market.

Cellular IoT offers advanced connectivity technologies that connect billions of IoT devices to the Internet across the globe. These advanced cellular IoT technologies include 3G, 4G, 5G, and LPWA (Low Power Wide Area) cellular technologies such as NB-IoT and LTE-M. Cellular IoT offers global coverage, reliable connection of IoT devices, and low-cost hardware that is required for cellular IoT connections.

NB-IoT (Narrowband IoT) is a low power wide area network (LPWAN) technology, which is a 3GPP radio technology standard that addresses the LPWA requirements of IoT, and enables a wide range of devices and services to be connected using cellular telecommunication bands. NB-IoT is one of the emerging cellular technologies that enable efficient communication, extended battery life for mass distributed devices, low energy consumption, and lower costs for wide geographical footprints.

The NB-IoT network is a form of low-powered network with a wide area coverage that connects millions of devices, sensors, and services. NB-IoT applications include smart parking, smart cities, smart agriculture, industrial monitors, smoke detectors, and others. LTE-M (LTE for Machine) is also known as Cat-M1 or eMTC (enhanced machine-type communication), which is a type of LPWA technology of IoT that makes use of a mobile operator’s 4G LTE network infrastructure. LTE-M applications include asset tracking, smart watches and fitness bands, telematics, gas or water meters, pet tracking, and others.

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Cellular IoT Market: Segmental Insights

Cellular IoT is categorized on the basis of component, cellular technology, end use industry, and region. On the basis of component, the cellular IoT market is segmented into hardware and software. Revenue contribution in cellular IoT market from the software segment is expected to increase at a CAGR of 27.6% during the forecast period.

On the basis of cellular technology, the cellular IoT market is segmented as 3G, 4G, LTE-M, NB-IoT, 5G, and others. Revenue contribution in the cellular IoT market from the NB-IoT segment is expected to increase at a CAGR of 35.3% during the forecast period.

On the basis of end use industry, the global cellular IoT market is segmented into agriculture, healthcare, retail, energy, automotive & transportation, infrastructure, and others. Revenue contribution in the cellular IoT market from the energy segment is expected to expand at a CAGR of 28.1% during the forecast period.

Cellular IoT Market: Regional Forecasts

The cellular IoT market report also covers the trends driving each segment, and offers analysis and insights regarding the potential of the cellular IoT market in regions such as North America, Latin America, Europe, China, Japan, South East Asia & Others of APAC, and Middle East and Africa.

Among these regions, China is projected to exhibit relatively high growth in the global market, registering a CAGR of 29.1% over the forecast period. Revenue share from the cellular IoT market in North America and Europe is expected to collectively account for over 50.1% of the global cellular IoT market revenue in 2018. Cellular IoT providers can focus on expanding across several countries in China, South East Asia, and North America.

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Market Players

Sierra Wireless

Qualcomm Technologies, Inc.

Sequans Communications S.A.

ZTE Corporation

Gemalto NV

u-blox