According to the new market research report "Narrowband IoT (NB-IoT) Chipset Market by Device (Smart Meters, Smart Parking, Smart Street lighting), Deployment Type (Guard, In-Band, Stand-Alone), Vertical (Energy & Utilities, Infrastructure, Building Automation), and Region - Global Forecast to 2024", published by MarketsandMarkets™, the NB-IoT Chipset Market is expected to grow from USD 272 million by 2019 to USD 2,002 million by 2024 at a CAGR of 49.1%. In terms unit shipments, the NB-IoT chipset market is estimated to stand at 78 million units by 2019 and is projected to register 871 million units by 2024 at a CAGR of 61.9%.