NB-IOT Chipset Market Segments, Regional Analysis, Competitive Analysis and Forecast 2020-2030
Market Highlights The narrowband IoT chipset market 2020 is all set to achieve a valuation of USD 265 million by 2027, confirms Market Research Future (MRFR). MRFR also reveals in its new report that the market holds the potential to advance at a tremendous rate of 60% from 2020 to 2027, which is the review period. Top Drivers and Primary Deterrents The narrowband nb-iot chipset market is presumed to offer impressive benefits and also birth remarkable use cases that solves all types of cellular IoT issues. With narrowband IoT chipset companies are expected to develop service-level agreements that are ideal for healthcare related services and various other industries. Recently, Vodafone reported that it has been able to keep its upgradation costs low owing to the deployment of narrowband IoT. Armed with a licensed spectrum, nb-IoT chipset is able to give strong competition to several low-power WAN technologies like Sigfox and LoRa. The narrowband IoT chipset market is packed with ...