Narrowband Internet-of-Things (IoT) Chipset Market to Expand with Rising Governments Support for Smart Cities
With rising focus of government authorities of many developed and developing nations toward encouraging the adoption of smart cities, there has been a surge in smart city trial programs across the globe. Moreover, connectivity infrastructures are being aligning with low power wide area (LPWA) technologies in order to offer applications such as smart buildings, smart street lighting, and smart metering. These factors are propelling the global narrowband Internet-of-Things (IoT) chipset market.
Cellular NB-IoT finds application in agriculture, industry, logistics, healthcare, and in smart buildings smart cities. Hence, there has been an increase in the demand for NB-IoT chipsets in order to manage anti-theft or emergency alarms at businesses and in homes, intelligent lighting and air conditioning, and smart consumption measurements (electricity, gas, and water).
No comments: