Global Narrow Band (NB)-IoT Market Size, Share & Trends Analysis Report by Deployment Type (Guard Band, In-Band, and Standalone), By Industry (Logistics & Transportation, Energy & Utilities, Agriculture, Industrial Manufacturing, Healthcare, and Others) and Forecast 2020-2026
The global NB-IoT market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing demand of IoT based solutions coupled with growing number of smart city projects across the globe. Moreover, introduction of high speed communication technologies such LTE and 5G further provide significant growth to the market. Increasing growth of the smart cities will augment the demand of the smart technology such as smart grid, robotics, mobility and smart energy harvesting devices that further encourages the demand of NB-IoT solutions across the globe. As such kind of smart cities are incorporated with smart meters and other smart energy utilizing devices which upsurge the global NB-IoT market growth during the forecast period.
The global market for NB-IoT is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into guard band, in-band, and standalone. The guard band segment is projected to have a considerable growth in the global market owing significant deployment of guard band networks in the enterprises. Based on the Industry, the global NB-IoT market is further segmented into logistics & transportation, energy & utilities, agriculture, industrial manufacturing, healthcare, and others. The industrial segment estimated to have a considerable growth in the market owing to the growing adoption of automation and IoT solutions in the manufacturing industry across the globe. Based on geography, the global NB-IoT market is further segregated into North America, Europe, Asia-Pacific and the Rest of the World. Among, region North America projected to have a considerable share in the global NB-IoT market.
The companies which are contributing to the growth of the global NB-IoT market include AT&T, Inc., Huawei Technologies Co., Ltd., Orange SA, Qualcomm Technologies, Inc., Sequans Communications S.A., Telstra Corporation Ltd., Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
Research Methodology
The market study of the global NB-IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report is intended for NB-IoT providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the deployment preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
1. Global NB-IoT Market Research and Analysis by Deployment Type
2. Global NB-IoT Market Research and Analysis by End-User
The Report Covers
The global NB-IoT market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing demand of IoT based solutions coupled with growing number of smart city projects across the globe. Moreover, introduction of high speed communication technologies such LTE and 5G further provide significant growth to the market. Increasing growth of the smart cities will augment the demand of the smart technology such as smart grid, robotics, mobility and smart energy harvesting devices that further encourages the demand of NB-IoT solutions across the globe. As such kind of smart cities are incorporated with smart meters and other smart energy utilizing devices which upsurge the global NB-IoT market growth during the forecast period.
The global market for NB-IoT is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into guard band, in-band, and standalone. The guard band segment is projected to have a considerable growth in the global market owing significant deployment of guard band networks in the enterprises. Based on the Industry, the global NB-IoT market is further segmented into logistics & transportation, energy & utilities, agriculture, industrial manufacturing, healthcare, and others. The industrial segment estimated to have a considerable growth in the market owing to the growing adoption of automation and IoT solutions in the manufacturing industry across the globe. Based on geography, the global NB-IoT market is further segregated into North America, Europe, Asia-Pacific and the Rest of the World. Among, region North America projected to have a considerable share in the global NB-IoT market.
The companies which are contributing to the growth of the global NB-IoT market include AT&T, Inc., Huawei Technologies Co., Ltd., Orange SA, Qualcomm Technologies, Inc., Sequans Communications S.A., Telstra Corporation Ltd., Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
Research Methodology
The market study of the global NB-IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their deployment catalog.
The report is intended for NB-IoT providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the deployment preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
1. Global NB-IoT Market Research and Analysis by Deployment Type
2. Global NB-IoT Market Research and Analysis by End-User
The Report Covers
- Comprehensive research methodology of the global NB-IoT market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global NB-IoT market.
- Insights about market determinants which are stimulating the global NB-IoT market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- AT&T, Inc.
- China Mobile Ltd.
- Deutsche Telekom AG
- Etisalat
- Huawei Technologies Co., Ltd.
- Intel Corp.
- MediaTek Inc.
- Nokia Corp.
- Orange SA
- Qualcomm Technologies, Inc.
- SK Telecom Co., Ltd.
- Sequans Communications S.A.
- Telefónica S.A
- Telstra Corporation Ltd.
- Telefonaktiebolaget LM Ericsson
- Telia Company AB
- Verizon Communications Inc.
- Vodafone Group Plc
