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#News(General) [ via IoTForIndiaGroup ]
According to a new research report from IoT analyst firm Berg Insight, global shipments of NB-IoT devices reached 53 million units in 2018. Annual shipments are expected to almost triple in 2019 reaching 142 million units.
Commercial deployments are essentially confined to China, where the semiconductor companies HiSilicon and MediaTek account for a large part of the NB-IoT modem volume. “NB-IoT device shipments will ramp up quickly on the European and North American market in the next 18 months”, says Fredrik Stalbrand, senior analyst, Berg Insight.
“While early deployments have so far been focused on traditional verticals such as smart metering, we expect to see NB-IoT being integrated into a broader set of products in 2019 – 2020, including home appliances, door locks and smoke detectors.” Combining low power consumption and the inherent security of cellular connectivity, the NB-IoT standard provides multiple benefits to the connected home and building segment.
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