Last Updated: 23-07-2025 | Format: PDF | Report ID:11884 | Author: Ankit
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $8,900 Million |
| What is the market CAGR from 2025 to 2035? | 17.7% |
| Which region dominates the market? | China (63%) |
| Which product/service type dominates the market? | Standalone (56%) |
| Which application leads the market? | Smart Metering (46%) |
| Who are the major buyers? | Utilities (42%), Government/Public Sector (28%) |
| What are the key market growth drivers? | Accelerated deployment of smart metering and utilities across China and India drives exponential chipset demand; Strong governmental support and policy mandates for smart city projects propel infrastructure upgrades |
| What are the major market challenges? | Complexity of large-scale NB-IoT network deployments in areas with legacy infrastructure; Securing NB-IoT endpoints against evolving cyber threats |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| Huawei, Qualcomm, MediaTek, Samsung, Intel, Nordic Semiconductor, Sequans Communications, Altair Semiconductor, UNISOC, Sony Semiconductor, Qorvo, Sanechips Technology, ASR Microelectronics, Goodix, Cheerzing |
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