24 Nov
2021
Narrowband Internet of Things (NB-IoT) technology is developed to allow a wide range of new IoT devices and services and improve power consumption of user devices, spectrum efficiency, and system capacity. More importantly, NB-IoT technology can offer the device a battery life of more than 10 years. In short, NB-IoT improves the power consumption of the user expedients, volume efficiency, and system size, especially in the deep coverage areas. Thus, the development of the NB-IoT chipset is the most exciting project in the semiconductor industry.
According to Allied Market Research, the narrowband IoT (NB-IoT) chipset market is expected to reach $22.10 billion by 2030, growing at a CAGR of 52.1% from 2021 to 2030. The increase in adoption of IoT devices and rise in penetration of cellular IoT networks drive the growth of the global NB-IoT chipset market. The rapid launch of market players has created new opportunities in the market.
Launch of new and improved NB-IoT chipset
Recently, the Indian Institute of Technology Hyderabad and WiSig, an Indian startup that develops 5G mobile communication products launched Koala, an NB-IoT system on a chip. This machine-type communication (MTC) technology would enable low-bit rate IoT applications that demand long-range and have a battery life of up to 10 years.
Koala chips will be useful for a variety of applications including smart meters, machine-to-machine connectivity, sensor connectivity, Industry 4.0, digital healthcare, and asset tracking. The chipset support 3GPP Rel-13/14 compliant NB-IoT modem along with integrated baseband and radio, GPS functionality for location tracking, and an application processor.
Similarly, Sony, a leading provider of cellular IoT chipsets, has launched its dedicated NB-IoT chipset, Altair ALT1255. The chipset is developed with integrated SIM, rich application layer, user MCU, and GSM/GPRS fallback modem. Sony has developed the chipset that has the potential to develop low-power, cost-sensitive connected devices to monitor, control, and manage critical infrastructure, logistic trackers, medical devices, and a variety of LPWA applications at a global scale.
Futuristic applications of NB-IoT chipset and devices
The rapid launch of improved NB-IoT chipsets and increasing demand for them have created some lucrative opportunities for the market players in the NB-IoT market. While the cost of the chipsets is still an issue, the applications would find a better audience in the future.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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