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Global Narrowband IoT Chipset Market Research Report 2025
Synopsis
Need for low-power consumption and low cost is expected to drive the NB-IoT market.
The global Narrowband IoT Chipset market was valued at US$ 68 million in 2023 and is anticipated to reach US$ 1150.9 million by 2030, witnessing a CAGR of 49.0% during the forecast period 2024-2030.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
This report aims to provide a comprehensive presentation of the global market for Narrowband IoT Chipset, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Narrowband IoT Chipset.
Report Scope
The Narrowband IoT Chipset market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Narrowband IoT Chipset market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Narrowband IoT Chipset manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huawei (China)
Qualcomm (US)
Samsung (South Korea),
Nordic Semiconductor (Norway)
Altair Semiconductor (Sony Group Company) (Israel)
Cheerzing (China)
Sercomm (Taiwan)
SIMCom (China)
Sequans Communications (France)
Sierra Wireless (Canada)
u-blox (Switzerland)
ZTE (China)
RDA (China)
MediaTek (Taiwan)
Segment by Type
Hardware Devices
Software
Service
Segment by Application
Energy & Utilities
Infrastructure
Building Automation
Other
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Narrowband IoT Chipset manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Narrowband IoT Chipset by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Narrowband IoT Chipset in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Need for low-power consumption and low cost is expected to drive the NB-IoT market.
The global Narrowband IoT Chipset market was valued at US$ 68 million in 2023 and is anticipated to reach US$ 1150.9 million by 2030, witnessing a CAGR of 49.0% during the forecast period 2024-2030.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
This report aims to provide a comprehensive presentation of the global market for Narrowband IoT Chipset, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Narrowband IoT Chipset.
Report Scope
The Narrowband IoT Chipset market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Narrowband IoT Chipset market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Narrowband IoT Chipset manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huawei (China)
Qualcomm (US)
Samsung (South Korea),
Nordic Semiconductor (Norway)
Altair Semiconductor (Sony Group Company) (Israel)
Cheerzing (China)
Sercomm (Taiwan)
SIMCom (China)
Sequans Communications (France)
Sierra Wireless (Canada)
u-blox (Switzerland)
ZTE (China)
RDA (China)
MediaTek (Taiwan)
Segment by Type
Hardware Devices
Software
Service
Segment by Application
Energy & Utilities
Infrastructure
Building Automation
Other
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Narrowband IoT Chipset manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Narrowband IoT Chipset by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Narrowband IoT Chipset in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Narrowband IoT Chipset Market Overview
1.1 Product Definition
1.2 Narrowband IoT Chipset Segment by Type
1.2.1 Global Narrowband IoT Chipset Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Hardware Devices
1.2.3 Software
1.2.4 Service
1.3 Narrowband IoT Chipset Segment by Application
1.3.1 Global Narrowband IoT Chipset Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Energy & Utilities
1.3.3 Infrastructure
1.3.4 Building Automation
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Narrowband IoT Chipset Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Narrowband IoT Chipset Production Estimates and Forecasts (2019-2030)
1.4.4 Global Narrowband IoT Chipset Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Narrowband IoT Chipset Production Market Share by Manufacturers (2019-2024)
2.2 Global Narrowband IoT Chipset Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Narrowband IoT Chipset, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Narrowband IoT Chipset Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Narrowband IoT Chipset Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Narrowband IoT Chipset, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Narrowband IoT Chipset, Product Offered and Application
2.8 Global Key Manufacturers of Narrowband IoT Chipset, Date of Enter into This Industry
2.9 Narrowband IoT Chipset Market Competitive Situation and Trends
2.9.1 Narrowband IoT Chipset Market Concentration Rate
2.9.2 Global 5 and 10 Largest Narrowband IoT Chipset Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Narrowband IoT Chipset Production by Region
3.1 Global Narrowband IoT Chipset Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Narrowband IoT Chipset Production Value by Region (2019-2030)
3.2.1 Global Narrowband IoT Chipset Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Narrowband IoT Chipset by Region (2025-2030)
3.3 Global Narrowband IoT Chipset Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Narrowband IoT Chipset Production by Region (2019-2030)
3.4.1 Global Narrowband IoT Chipset Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Narrowband IoT Chipset by Region (2025-2030)
3.5 Global Narrowband IoT Chipset Market Price Analysis by Region (2019-2024)
3.6 Global Narrowband IoT Chipset Production and Value, Year-over-Year Growth
3.6.1 North America Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
3.6.6 Taiwan Narrowband IoT Chipset Production Value Estimates and Forecasts (2019-2030)
4 Narrowband IoT Chipset Consumption by Region
4.1 Global Narrowband IoT Chipset Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Narrowband IoT Chipset Consumption by Region (2019-2030)
4.2.1 Global Narrowband IoT Chipset Consumption by Region (2019-2024)
4.2.2 Global Narrowband IoT Chipset Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Narrowband IoT Chipset Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Narrowband IoT Chipset Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Narrowband IoT Chipset Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Narrowband IoT Chipset Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Narrowband IoT Chipset Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Narrowband IoT Chipset Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Narrowband IoT Chipset Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Narrowband IoT Chipset Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Narrowband IoT Chipset Production by Type (2019-2030)
5.1.1 Global Narrowband IoT Chipset Production by Type (2019-2024)
5.1.2 Global Narrowband IoT Chipset Production by Type (2025-2030)
5.1.3 Global Narrowband IoT Chipset Production Market Share by Type (2019-2030)
5.2 Global Narrowband IoT Chipset Production Value by Type (2019-2030)
5.2.1 Global Narrowband IoT Chipset Production Value by Type (2019-2024)
5.2.2 Global Narrowband IoT Chipset Production Value by Type (2025-2030)
5.2.3 Global Narrowband IoT Chipset Production Value Market Share by Type (2019-2030)
5.3 Global Narrowband IoT Chipset Price by Type (2019-2030)
6 Segment by Application
6.1 Global Narrowband IoT Chipset Production by Application (2019-2030)
6.1.1 Global Narrowband IoT Chipset Production by Application (2019-2024)
6.1.2 Global Narrowband IoT Chipset Production by Application (2025-2030)
6.1.3 Global Narrowband IoT Chipset Production Market Share by Application (2019-2030)
6.2 Global Narrowband IoT Chipset Production Value by Application (2019-2030)
6.2.1 Global Narrowband IoT Chipset Production Value by Application (2019-2024)
6.2.2 Global Narrowband IoT Chipset Production Value by Application (2025-2030)
6.2.3 Global Narrowband IoT Chipset Production Value Market Share by Application (2019-2030)
6.3 Global Narrowband IoT Chipset Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Huawei (China)
7.1.1 Huawei (China) Narrowband IoT Chipset Corporation Information
7.1.2 Huawei (China) Narrowband IoT Chipset Product Portfolio
7.1.3 Huawei (China) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Huawei (China) Main Business and Markets Served
7.1.5 Huawei (China) Recent Developments/Updates
7.2 Qualcomm (US)
7.2.1 Qualcomm (US) Narrowband IoT Chipset Corporation Information
7.2.2 Qualcomm (US) Narrowband IoT Chipset Product Portfolio
7.2.3 Qualcomm (US) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Qualcomm (US) Main Business and Markets Served
7.2.5 Qualcomm (US) Recent Developments/Updates
7.3 Samsung (South Korea),
7.3.1 Samsung (South Korea), Narrowband IoT Chipset Corporation Information
7.3.2 Samsung (South Korea), Narrowband IoT Chipset Product Portfolio
7.3.3 Samsung (South Korea), Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Samsung (South Korea), Main Business and Markets Served
7.3.5 Samsung (South Korea), Recent Developments/Updates
7.4 Nordic Semiconductor (Norway)
7.4.1 Nordic Semiconductor (Norway) Narrowband IoT Chipset Corporation Information
7.4.2 Nordic Semiconductor (Norway) Narrowband IoT Chipset Product Portfolio
7.4.3 Nordic Semiconductor (Norway) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nordic Semiconductor (Norway) Main Business and Markets Served
7.4.5 Nordic Semiconductor (Norway) Recent Developments/Updates
7.5 Altair Semiconductor (Sony Group Company) (Israel)
7.5.1 Altair Semiconductor (Sony Group Company) (Israel) Narrowband IoT Chipset Corporation Information
7.5.2 Altair Semiconductor (Sony Group Company) (Israel) Narrowband IoT Chipset Product Portfolio
7.5.3 Altair Semiconductor (Sony Group Company) (Israel) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Altair Semiconductor (Sony Group Company) (Israel) Main Business and Markets Served
7.5.5 Altair Semiconductor (Sony Group Company) (Israel) Recent Developments/Updates
7.6 Cheerzing (China)
7.6.1 Cheerzing (China) Narrowband IoT Chipset Corporation Information
7.6.2 Cheerzing (China) Narrowband IoT Chipset Product Portfolio
7.6.3 Cheerzing (China) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Cheerzing (China) Main Business and Markets Served
7.6.5 Cheerzing (China) Recent Developments/Updates
7.7 Sercomm (Taiwan)
7.7.1 Sercomm (Taiwan) Narrowband IoT Chipset Corporation Information
7.7.2 Sercomm (Taiwan) Narrowband IoT Chipset Product Portfolio
7.7.3 Sercomm (Taiwan) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sercomm (Taiwan) Main Business and Markets Served
7.7.5 Sercomm (Taiwan) Recent Developments/Updates
7.8 SIMCom (China)
7.8.1 SIMCom (China) Narrowband IoT Chipset Corporation Information
7.8.2 SIMCom (China) Narrowband IoT Chipset Product Portfolio
7.8.3 SIMCom (China) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SIMCom (China) Main Business and Markets Served
7.7.5 SIMCom (China) Recent Developments/Updates
7.9 Sequans Communications (France)
7.9.1 Sequans Communications (France) Narrowband IoT Chipset Corporation Information
7.9.2 Sequans Communications (France) Narrowband IoT Chipset Product Portfolio
7.9.3 Sequans Communications (France) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sequans Communications (France) Main Business and Markets Served
7.9.5 Sequans Communications (France) Recent Developments/Updates
7.10 Sierra Wireless (Canada)
7.10.1 Sierra Wireless (Canada) Narrowband IoT Chipset Corporation Information
7.10.2 Sierra Wireless (Canada) Narrowband IoT Chipset Product Portfolio
7.10.3 Sierra Wireless (Canada) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sierra Wireless (Canada) Main Business and Markets Served
7.10.5 Sierra Wireless (Canada) Recent Developments/Updates
7.11 u-blox (Switzerland)
7.11.1 u-blox (Switzerland) Narrowband IoT Chipset Corporation Information
7.11.2 u-blox (Switzerland) Narrowband IoT Chipset Product Portfolio
7.11.3 u-blox (Switzerland) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.11.4 u-blox (Switzerland) Main Business and Markets Served
7.11.5 u-blox (Switzerland) Recent Developments/Updates
7.12 ZTE (China)
7.12.1 ZTE (China) Narrowband IoT Chipset Corporation Information
7.12.2 ZTE (China) Narrowband IoT Chipset Product Portfolio
7.12.3 ZTE (China) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.12.4 ZTE (China) Main Business and Markets Served
7.12.5 ZTE (China) Recent Developments/Updates
7.13 RDA (China)
7.13.1 RDA (China) Narrowband IoT Chipset Corporation Information
7.13.2 RDA (China) Narrowband IoT Chipset Product Portfolio
7.13.3 RDA (China) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.13.4 RDA (China) Main Business and Markets Served
7.13.5 RDA (China) Recent Developments/Updates
7.14 MediaTek (Taiwan)
7.14.1 MediaTek (Taiwan) Narrowband IoT Chipset Corporation Information
7.14.2 MediaTek (Taiwan) Narrowband IoT Chipset Product Portfolio
7.14.3 MediaTek (Taiwan) Narrowband IoT Chipset Production, Value, Price and Gross Margin (2019-2024)
7.14.4 MediaTek (Taiwan) Main Business and Markets Served
7.14.5 MediaTek (Taiwan) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Narrowband IoT Chipset Industry Chain Analysis
8.2 Narrowband IoT Chipset Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Narrowband IoT Chipset Production Mode & Process
8.4 Narrowband IoT Chipset Sales and Marketing
8.4.1 Narrowband IoT Chipset Sales Channels
8.4.2 Narrowband IoT Chipset Distributors
8.5 Narrowband IoT Chipset Customers
9 Narrowband IoT Chipset Market Dynamics
9.1 Narrowband IoT Chipset Industry Trends
9.2 Narrowband IoT Chipset Market Drivers
9.3 Narrowband IoT Chipset Market Challenges
9.4 Narrowband IoT Chipset Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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