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The narrowband-internet of things (NB-IoT) market is forecasted to grow by USD 5.10 billion during 2023-2028, accelerating at a CAGR of 47.86% during the forecast period. The report on the narrowband-internet of things (NB-IoT) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of smart city initiatives and connected devices, growing demand for industrial automation and the industrial internet of things (IIoT), and deployment of NB-IoT networks by telecom operators.
The narrowband-internet of things (NB-IoT) market is segmented as below:
By End-user
- Automotive
- Energy and utilities
- Healthcare
- Agriculture
- Others
By Application
- Smart meters
- Smart parking
- Trackers
- Alarms and detectors
- Wearable devices
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the narrowband-internet of things (NB-IoT) market covers the following areas:
- Narrowband-internet of things (NB-IoT) market sizing
- Narrowband-internet of things (NB-IoT) market forecast
- Narrowband-internet of things (NB-IoT) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global narrowband-internet of things (NB-IoT) market: Beacon Tower, China Telecom Global Ltd., Deutsche Telekom AG, GSM Association, Huawei Technologies Co. Ltd., MediaTek Inc., Nokia Corp., Nordic Semiconductor ASA, Qualcomm Inc., Quectel Wireless Solutions Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Sequans Communications SA, Smart Scandinavian Box AB, Sony Group Corp., Telefonaktiebolaget LM Ericsson, Telia Co. AB, u blox AG, Vodafone Group PLC, and ZTE Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising demand for edge computing and artificial intelligence (AI) in IoTapplications."
According to the report, one of the major drivers for this market is the increasing adoption of smart city initiatives and connected devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Beacon Tower
- China Telecom Global Ltd.
- Deutsche Telekom AG
- GSM Association
- Huawei Technologies Co. Ltd.
- MediaTek Inc.
- Nokia Corp.
- Nordic Semiconductor ASA
- Qualcomm Inc.
- Quectel Wireless Solutions Co. Ltd.
- Samsung Electronics Co. Ltd.
- Semtech Corp.
- Sequans Communications SA
- Smart Scandinavian Box AB
- Sony Group Corp.
- Telefonaktiebolaget LM Ericsson
- Telia Co. AB
- u blox AG
- Vodafone Group Plc
- ZTE Corp.
