+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Narrowband IoT Market Size, Share & Analysis, by Offering, by Deployment, by Device, by End-Use Application, by Region, Forecasts to 2027

  • ID: 5229347
  • Report
  • November 2020
  • Region: Global
  • 255 pages
  • Reports and Data

FEATURED COMPANIES

  • CommSolid GmBH
  • Ericsson
  • Intel Corporation
  • MistBase AB
  • Nokia Networks
  • Qualcomm Incorporated
  • MORE
Rapid advancements in the Internet of Things IoT sector and the growing need for new cellular technology for IoT LPWA networks are bolstering the expansion of the Narrowband IoT Market.

Market Size - USD 21.27 million in 2019, Market Growth - CAGR of 25.9%, Market Trends - Progress of the IoT and cellular network sector

The global Narrowband IoT NB-IoT market is presumed to garner a valuation of USD 251.8 Million by 2027, at a CAGR of 25.9% throughout the projected period. The NB-IoT market’s growth is predominantly driven by the fast-paced development of the IoT sector and the high requirement for emerging cellular networks dedicated to the IoT Low Power Wide Area LPWA Network. The market is also propelled by the soaring requirement of advanced vehicle navigation, telematics, and in-car infotainment.

Narrowband-IoT is a low power wide area LPWA network technology standard designed specially to augment the application scope of IoT connectivity. It facilitates the operation of a wide range of services and cellular devices and primarily focuses on enhanced connection density, extended battery life, exact indoor coverage, and cost-efficiency.

The augmented deployment of IoT and the rising demand for smart infrastructure and cities are anticipated to bolster the market growth over the projected timeline. The attributes of NB-IoT, like minimal power consumption, high coverage of IoT penetration, and cost efficiency, is further anticipated to propel the industry’s growth over the coming years. However, low speed and concerns surrounding data security are presumed to restrain the market growth during the projected time.

Further Key Findings From the Report Suggest:
  • The market growth can be credited to the IoT segment’s rising advancement and the need for new cellular technologies for IoT LPWA applications. Additionally, the increased demand for augmented navigation, automotive telematics, and in-car infotainment is adding traction to market growth.
  • The Guard-band segment is presumed to command the market share over the coming years, attributable to the guard band’s ability to use predetermined cellular network infrastructure like radio frequency modules and antenna, thereby reducing any additional costs.
  • The wearable segment is presumed to contribute significantly to the market size during the projected timeframe, credited to the massive demand for fitness and healthcare devices for diagnostic and personal applications. Moreover, the rising disposable income and rising awareness about personal health are anticipated to create lucrative market growth opportunities.
  • The infrastructure segment is presumed to garner a massive share of the industry attributable to the widespread incorporation of narrowband IoT technology for numerous applications such as smart lighting, surveillance systems, and smart security, among others.
  • North America dominated the industry in 2019 and is anticipated to command the narrowband IoT market during the estimated timeframe owing to the presence of prominent device manufacturers and network service providers in the region. The advent of innovative technology and the growth of the tech-savvy population. Asia Pacific is presumed to be the fastest-growing region due to the augmenting penetration of the internet and IoT, rising smart city initiatives, and growing disposable income in APAC’s emerging economies.
  • The industry’s prominent competitors include MistBase AB, Ericsson, Huawei Technologies Co. Ltd., U-Blox Holding AG., CommSolid GmBH, Samsung Group, Intel Corporation, Qualcomm Incorporated, Nokia Networks, Verizon Communication, and Vodafone Group PLC.
  • Ericsson, in 2018, joined forces with PJSC Vimplecom Beeline and Russian Telecom Operator for the release of NB-IoT in a highly populated location to examine the effect of IoT services in business and residential cities.
For this study, the Global Narrowband-IoT Market has been divided based on offering, deployment, device, end-user, and region:

Offering Outlook Revenue, USD Million; 2017-2027
  • Services
  • Software
  • Hardware
Deployment Outlook Revenue, USD Million; 2017-2027
  • In-Band
  • Guard Band
  • Soil Standalone
Device Outlook Revenue, USD Million; 2017-2027
  • Alarms and Detectors
  • Smart Appliances
  • Trackers
  • Wearable devices
  • Smart Meters
End-Use Outlook Revenue, USD Million; 2017-2027
  • Agriculture
  • Building Automation
  • Manufacturing
  • Safety & Security
  • Energy
  • Automotive & Transportation
  • Healthcare
  • Retail
  • Infrastructure
  • Others
Regional Outlook Revenue, USD Million; 2017-2027
  • North America
  • U.S.
  • Europe
  • Germany
  • U.K.
  • Asia Pacific
  • India
  • China
  • Latin America
  • Brazil
  • Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Narrowband IoT NB-IoT Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in Narrowband IoT NB-IoT market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CommSolid GmBH
  • Ericsson
  • Intel Corporation
  • MistBase AB
  • Nokia Networks
  • Qualcomm Incorporated
  • MORE
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2026

Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global implementation of IoT
3.1.2. Global demand for smart cities and infrastructures
3.1.3. Prominence of North America in the world market

Chapter 4. Narrowband IoT (NB-IoT) Market Segmentation & Impact Analysis
4.1. Narrowband IoT (NB-IoT) Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Narrowband IoT (NB-IoT) Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Implementation of machine to machine communication
4.4.1.2. Long range connectivity demand
4.4.1.3. Demand for low cost and power technology
4.4.2. Market restraint analysis
4.4.2.1. Low speed in transfer of data
4.4.2.2. Security concerns
4.5. Key opportunities prioritized
4.5.1. Emergence of smart infrastructure

Chapter 5. Narrowband IoT (NB-IoT) Market By Offering Insights & Trends
5.1. Offering Dynamics & Market Share, 2018 & 2026
5.2. Hardware
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.3. Software
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4. Services
5.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 6. Narrowband IoT (NB-IoT) Market By Deployment Insights & Trends
6.1. Deployment Dynamics & Market Share, 2018 & 2026
6.2. Standalone
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3. Guard Band
6.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.4. In-Band
6.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 7. Narrowband IoT (NB-IoT) Market By Devices Insights & Trends
7.1. Devices Dynamics & Market Share, 2018 & 2026
7.2. Smart Appliance
7.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.3. Smart Meters
7.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.4. Trackers
7.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.5. Alarms and Detectors
7.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.6. Wearable devices
7.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 8. Narrowband IoT (NB-IoT) Market By End-Use Application Insights & Trends
8.1. End-Use Application Dynamics & Market Share, 2018 & 2026
8.2. Agriculture
8.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.3. Automotive and Transportation
8.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.4. Energy
8.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.5. Healthcare
8.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.6. Manufacturing
8.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.7. Retail
8.7.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.7.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.8. Safety and Security
8.8.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.8.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.9. Infrastructure
8.9.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.9.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
8.10. Building Automation
8.10.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.10.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 9. Narrowband IoT (NB-IoT) Market Regional Outlook
9.1. Narrowband IoT (NB-IoT) Market share by region, 2018 & 2026
9.2. North America
9.2.1. North America Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.2.2. North America Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.2.3. North America Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment type, 2016 -2026, (USD Million)
9.2.4. North America Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.2.5. North America Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use application, 2016 -2026, (USD Million)
9.2.6. U.S.
9.2.6.1. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.2.6.2. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.2.6.3. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.2.6.4. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.2.6.5. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.3. Europe
9.3.1. Europe Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.2. Europe Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.3.3. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.3.4. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.3.5. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.3.6. Germany
9.3.6.1. Germany Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.6.2. Germany Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.3.6.3. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.3.6.4. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.3.6.5. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.3.7. U.K.
9.3.7.1. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.7.2. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.3.7.3. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.3.7.4. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.3.7.5. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.3.8. France
9.3.8.1. France Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.8.2. France Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.3.8.3. France Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.3.8.4. France Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.3.8.5. France Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.4. Asia Pacific
9.4.1. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.2. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.4.3. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.4.4. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.4.5. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.4.6. China
9.4.6.1. China Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.6.2. China Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.4.6.3. China Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.4.6.4. China Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.4.6.5. China Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.4.7. India
9.4.7.1. India Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.7.2. India Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.4.7.3. India Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.4.7.4. India Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.4.7.5. India Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.4.8. Japan
9.4.8.1. Japan Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.8.2. Japan Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.4.8.3. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.4.8.4. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.4.8.5. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.5. Middle East & Africa
9.5.1. MEA Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.5.2. MEA Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.5.3. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.5.4. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.5.5. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.6. Latin America
9.6.1. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.6.2. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.6.3. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.6.4. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.6.5. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)
9.6.6. Brazil
9.6.6.1. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 - 2026, (USD Million)
9.6.6.2. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 -2026, (USD Million)
9.6.6.3. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 -2026, (USD Million)
9.6.6.4. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 -2026, (USD Million)
9.6.6.5. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 -2026, (USD Million)

Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape

Chapter 11. Company Profiles
11.1. Huawei Technologies Co. Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Type Insights
11.1.4. Strategic Initiatives
11.2. Ericsson
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Type Insights
11.2.4. Strategic Initiatives
11.3. Vodafone Group PLC
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Type Insights
11.3.4. Strategic Initiatives
11.4. Qualcomm Incorporated
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Type Insights
11.4.4. Strategic Initiatives
11.5. Intel Corporation
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Type Insights
11.5.4. Strategic Initiatives
11.6. Mistbase Communication System
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Type Insights
11.6.4. Strategic Initiatives
11.7. Samsung Electronics
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Type Insights
11.7.4. Strategic Initiatives
11.8. Verizon Communications
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Type Insights
11.8.4. Strategic Initiatives
11.9. Nokia Corporation
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Type Insights
11.9.4. Strategic Initiatives
11.10. U-Blox Holding AG
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Type Insights
11.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Ericsson
  • Qualcomm Incorporated
  • Huawei Technologies Co. Ltd.
  • Vodafone Group PLC
  • Nokia Networks
  • CommSolid GmBH
  • MistBase AB
  • Samsung Group
  • Intel Corporation
  • Verizon Communication
  • U-Blox Holding AG
Note: Product cover images may vary from those shown
Adroll
adroll