Globally, growing need for cellular IoT networks, benefits of lower component costs and improvised penetration coverage, and higher usage of machine-to-machine communication between mechanical or electronic devices are the prime growth drivers of narrowband IoT chipset market . In addition, development of smart cities and smart buildings and increase in adoption of narrowband IoT chipset in emerging economies such as China, India and others, will create new opportunities for narrowband IoT chipset market. However, higher cost of operation and research and development, concerns for privacy and security of data, data transmission having lower speed are the key restraints for narrowband IoT chipset market. Narrowband IoT Chipset Market Geographically North America dominated narrowband IoT chipset market because of higher demand in the U.S., owing to investment from U.S. government towards implementation of IoT across various sectors such as infrastructure and utilities under programs such...