Choose License Type
Narrowband IoT may be termed under emerging wireless internet of things communication technology. Narrowband IoT is based on low standards-based low power wide area (LPWA) protocol which enables a wide range of new IoT devices and services. These technologies are most useful in the places which are difficult to access manually with limited bandwidth. Also known as NB-IoT, these technologies are superior in terms of the power consumption of user devices, system capacity and spectrum efficiency. Their battery typically run more than 10 years as they consume minimal power for signal processing operations. The market for narrowband IoT is expected to be driven by the increasing adoption of IoT across verticals. Also, the dramatic increase in the number of connected devices is driving the market’s growth. The decreasing price of sensors employed in such devices is also helping drive up the adoption and a significant driver of the market. Development in the fields of Artificial Intelligence (AI), Machine Learning (ML), and big data analytics has also enabled organizations in analyzing the large volumes of data obtained from tracking and monitoring activities using IoT networks. With such factors promoting the market growth, there are some that may hinder the market’s growth too. Factor such as firm competition from other LPWA technologies is expected to restrain the market growth. Emerging smart buildings and cities are expected to generate opportunities in the years to come.
Key Segments of the Global Narrowband IoT Market
Deployment Overview, 2018-2028 (USD Million)
Device Overview, 2018-2028 (USD Million)
Vertical Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
Reasons for the study
What does the report include?
Who should buy this report?
Narrowband IoT may be termed under emerging wireless internet of things communication technology. Narrowband IoT is based on low standards-based low power wide area (LPWA) protocol which enables a wide range of new IoT devices and services. These technologies are most useful in the places which are difficult to access manually with limited bandwidth. Also known as NB-IoT, these technologies are superior in terms of the power consumption of user devices, system capacity and spectrum efficiency. Their battery typically run more than 10 years as they consume minimal power for signal processing operations. The market for narrowband IoT is expected to be driven by the increasing adoption of IoT across verticals. Also, the dramatic increase in the number of connected devices is driving the market’s growth. The decreasing price of sensors employed in such devices is also helping drive up the adoption and a significant driver of the market. Development in the fields of Artificial Intelligence (AI), Machine Learning (ML), and big data analytics has also enabled organizations in analyzing the large volumes of data obtained from tracking and monitoring activities using IoT networks. With such factors promoting the market growth, there are some that may hinder the market’s growth too. Factor such as firm competition from other LPWA technologies is expected to restrain the market growth. Emerging smart buildings and cities are expected to generate opportunities in the years to come.
Key Segments of the Global Narrowband IoT Market
Deployment Overview, 2018-2028 (USD Million)
Device Overview, 2018-2028 (USD Million)
Vertical Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
Reasons for the study
What does the report include?
Who should buy this report?
Chapter 1 Executive Summary
Chapter 2 Research Methodology
2.1 Market Definition
2.2 Market Scope
2.3 Research Approach
2.3.1 Market Size Estimation Methodology
2.3.2 Top-down approach
2.3.3 Bottom-up Approach
2.3.4 Delphi Estimation
2.3.5 Forecasting
2.4 List of Data Sources
2.4.1 Primary Sources
2.4.2 Secondary Sources
2.4.3 Paid Databases
Chapter 3 Market Outlook
3.1 Market Dynamics
3.1.1 Drivers
3.1.1.1 Extended Coverage and Long Battery Life
3.1.1.2 Low Deployment Cost
3.1.2 Restraints
3.1.2.1 Competition from Rival LPWAN Technologies
3.1.3 Opportunities
3.1.3.1 Growth in Smart Buildings and Smart Cities
3.1.4 COVID-19 Impact
3.2 Porter’s Five Forces Analysis
3.2.1 Bargaining power of buyers
3.2.2 Bargaining power of suppliers
3.2.3 Threat of new entrants
3.2.4 Threat of substitute products
3.2.5 Competitive Rivalry in the Industry
3.3 Value Chain Analysis
3.4 Market Share by Key Players
Chapter 4 Global Narrowband IoT Market Overview, By Deployment
4.1 Introduction
4.1.1 Stand-Alone
4.1.2 Guard Band
4.1.3 In-Band
Chapter 5 Global Narrowband IoT Market Overview, By Device
5.1 Introduction
5.1.1 Smart Parking
5.1.2 Smart Meters
5.1.3 Trackers
5.1.4 Alarms and Detectors
5.1.5 Smart Streetlights
5.1.6 Smart Appliances
5.1.7 Wearable Devices
5.1.8 Others
Chapter 6 Global Narrowband IoT Market Overview, By Vertical
6.1 Introduction
6.1.1 Agriculture
6.1.2 Automotive and Transportation
6.1.3 Energy and Utilities
6.1.4 Healthcare
6.1.5 Manufacturing
6.1.6 Safety and Security
6.1.7 Infrastructure
6.1.8 Building Automation
6.1.9 Consumer Electronics
Chapter 7 Global Narrowband IoT Market Overview, By Region
7.1 Introduction
7.1.1 North America
7.1.1.1 U.S.
7.1.1.2 Canada
7.1.2 Europe
7.1.2.1 UK
7.1.2.2 Germany
7.1.2.3 France
7.1.2.4 Rest of Europe
7.1.3 Asia Pacific
7.1.3.1 China
7.1.3.2 Japan
7.1.3.3 India
7.1.3.4 Rest of Asia-Pacific
7.1.4 Middle East and Africa
7.1.4.1 UAE
7.1.4.2 South Africa
7.1.4.3 Rest of Middle East and Africa
7.1.5 South America
7.1.5.1 Brazil
7.1.5.2 Rest of South America
Chapter 8 Company Profiles
8.1 HUAWEI
8.1.1 Company Overview
8.1.2 Products Offerings
8.1.3 Financial Performance (2017-2019)
8.1.4 Recent Developments
8.2 Qualcomm
8.2.1 Company Overview
8.2.2 Products Offerings
8.2.3 Financial Performance (2017-2019)
8.2.4 Recent Developments
8.3 INTEL
8.3.1 Company Overview
8.3.2 Products Offerings
8.3.3 Financial Performance (2017-2019)
8.3.4 Recent Developments
8.4 Nordic Semiconductor
8.4.1 Company Overview
8.4.2 Products Offerings
8.4.3 Financial Performance (2017-2019)
8.4.4 Recent Developments
8.5 Sanechips
8.5.1 Company Overview
8.5.2 Products Offerings
8.5.3 Financial Performance (2017-2019)
8.5.4 Recent Developments
8.6 Samsung
8.6.1 Company Overview
8.6.2 Products Offerings
8.6.3 Financial Performance (2017-2019)
8.6.4 Recent Developments
8.7 MediaTek
8.7.1 Company Overview
8.7.2 Products Offerings
8.7.3 Financial Performance (2017-2019)
8.7.4 Recent Developments
8.8 Sercomm
8.8.1 Company Overview
8.8.2 Products Offerings
8.8.3 Financial Performance (2016-2019)
8.8.4 Recent Developments
8.9 CHEERZING
8.9.1 Company Overview
8.9.2 Products Offerings
8.9.3 Financial Performance (2017-2019)
8.9.4 Recent Developments
8.10 Telit Communications
8.10.1 Company Overview
8.10.2 Products Offerings
8.10.3 Financial Performance (2017-2019)
8.10.4 Recent Developments
Chapter 9 Conclusion