Narrowband IoT - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Narrowband IoT Market is accounted for $185.67 million in 2018 and is expected to reach $5771.25 million by 2027 growing at a CAGR of 46.5% during the forecast period. Widening applications of NB-IoT technology, and rise in the use of connected devices are the major factors propelling the market growth. However, factors such as stiff competition from other lpwa technologies, and security concerns are hampering the market growth.
The Narrowband IoT (NB-IoT), also known as LTE Cat NB1 is a low power wide area network technology (LPWA) standard that connects a wide range of devices and services on established cellular network. NB-IoT is well suited for applications that deals with small amount of infrequent data transfer over long period of time. NB-IoT operates in licensed spectrum that offers secure and reliable connectivity while assuring quality of service.
Based on the deployment type, the guard band segment is going to have a lucrative growth during the forecast period due to the various benefits include the absence for frequency planning and reuse of existing infrastructure including RF modules & antenna. Moreover, the requirement of no additional spectrum cost in guard band deployment is further complementing its growth.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing adoption of NB-IoT technology in multiple applications, such as smart meters, smart parking, smart streetlights, and healthcare. China is currently dominating the market in APAC. Favourable government policies and a strong presence of NB-IoT chipsets, modules, and infrastructure providers in China are the prime factors fuelling the growth of the market in China.
Some of the key players profiled in the Narrowband IoT Market include Huawei, Qualcomm, Samsung, Nordic Semiconductor, Altair Semiconductor, Cheerzing, Sercomm, SIMCom, Sequans Communications, Sierra Wireless, MediaTek, and ZTE.
Technology Services Covered:
• Professional Services
• Managed Services
Devices Covered:
• Smart Parking
• Smart Meters
• Trackers
• Alarms and Detectors
• Smart Streetlights
• Smart Appliances
• Wearable Devices
Application Softwares Covered:
• Security Solutions
• Real Time Streaming Analytics
• Soil Monitoring Solutions
• Asset Tracking Solutions
• Logistics Tracking Solutions
• Smart Parking Management Solutions
Smart Applications Covered:
• Smart Governance
• Smart Metering
• Smart Buildings
• Smart Asset Tracking
Deployment Types Covered:
• Stand-Alone
• Guard Band
• In-Band
End Users Covered:
• Agriculture
• Automotive and Transportation
• Energy and Utilities
• Healthcare
• Manufacturing
• Safety and Security
• Infrastructure
• Building Automation
• Consumer Electronics
• Logistics
• Information Technology (IT)
• Retail
• Smart Cities
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Narrowband IoT Market, By Technology Services
5.1 Introduction
5.2 Professional Services
5.3 Managed Services
6 Global Narrowband IoT Market, By Device
6.1 Introduction
6.2 Smart Parking
6.3 Smart Meters
6.4 Trackers
6.5 Alarms and Detectors
6.6 Smart Streetlights
6.7 Smart Appliances
6.8 Wearable Devices
7 Global Narrowband IoT Market, By Application Software
7.1 Introduction
7.2 Security Solutions
7.3 Real Time Streaming Analytics
7.4 Soil Monitoring Solutions
7.5 Asset Tracking Solutions
7.6 Logistics Tracking Solutions
7.7 Smart Parking Management Solutions
8 Global Narrowband IoT Market, By Smart Applications
8.1 Introduction
8.2 Smart Governance
8.3 Smart Metering
8.4 Smart Buildings
8.5 Smart Asset Tracking
9 Global Narrowband IoT Market, By Deployment Type
9.1 Introduction
9.2 Stand-Alone
9.3 Guard Band
9.4 In-Band
10 Global Narrowband IoT Market, By End User
10.1 Introduction
10.2 Agriculture
10.3 Automotive and Transportation
10.4 Energy and Utilities
10.5 Healthcare
10.6 Manufacturing
10.7 Safety and Security
10.8 Infrastructure
10.9 Building Automation
10.10 Consumer Electronics
10.11 Logistics
10.12 Information Technology (IT)
10.13 Retail
10.14 Smart Cities
11 Global Narrowband IoT Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Huawei
13.2 Qualcomm
13.3 Samsung
13.4 Nordic Semiconductor
13.5 Altair Semiconductor
13.6 Cheerzing
13.7 Sercomm
13.8 SIMCom
13.9 Sequans Communications
13.10 Sierra Wireless
13.11 MediaTek
13.12 ZTE
List of Tables
1 Global Narrowband IoT Market Outlook, By Region (2017-2027) ($MN)
2 Global Narrowband IoT Market Outlook, By Technology Services (2017-2027) ($MN)
3 Global Narrowband IoT Market Outlook, By Professional Services (2017-2027) ($MN)
4 Global Narrowband IoT Market Outlook, By Managed Services (2017-2027) ($MN)
5 Global Narrowband IoT Market Outlook, By Device (2017-2027) ($MN)
6 Global Narrowband IoT Market Outlook, By Smart Parking (2017-2027) ($MN)
7 Global Narrowband IoT Market Outlook, By Smart Meters (2017-2027) ($MN)
8 Global Narrowband IoT Market Outlook, By Trackers (2017-2027) ($MN)
9 Global Narrowband IoT Market Outlook, By Alarms and Detectors (2017-2027) ($MN)
10 Global Narrowband IoT Market Outlook, By Smart Streetlights (2017-2027) ($MN)
11 Global Narrowband IoT Market Outlook, By Smart Appliances (2017-2027) ($MN)
12 Global Narrowband IoT Market Outlook, By Wearable Devices (2017-2027) ($MN)
13 Global Narrowband IoT Market Outlook, By Application Software (2017-2027) ($MN)
14 Global Narrowband IoT Market Outlook, By Security Solutions (2017-2027) ($MN)
15 Global Narrowband IoT Market Outlook, By Real Time Streaming Analytics (2017-2027) ($MN)
16 Global Narrowband IoT Market Outlook, By Soil Monitoring Solutions (2017-2027) ($MN)
17 Global Narrowband IoT Market Outlook, By Asset Tracking Solutions (2017-2027) ($MN)
18 Global Narrowband IoT Market Outlook, By Logistics Tracking Solutions (2017-2027) ($MN)
19 Global Narrowband IoT Market Outlook, By Smart Parking Management Solutions (2017-2027) ($MN)
20 Global Narrowband IoT Market Outlook, By Smart Applications (2017-2027) ($MN)
21 Global Narrowband IoT Market Outlook, By Smart Governance (2017-2027) ($MN)
22 Global Narrowband IoT Market Outlook, By Smart Metering (2017-2027) ($MN)
23 Global Narrowband IoT Market Outlook, By Smart Buildings (2017-2027) ($MN)
24 Global Narrowband IoT Market Outlook, By Smart Asset Tracking (2017-2027) ($MN)
25 Global Narrowband IoT Market Outlook, By Deployment Type (2017-2027) ($MN)
26 Global Narrowband IoT Market Outlook, By Stand-Alone (2017-2027) ($MN)
27 Global Narrowband IoT Market Outlook, By Guard Band (2017-2027) ($MN)
28 Global Narrowband IoT Market Outlook, By In-Band (2017-2027) ($MN)
29 Global Narrowband IoT Market Outlook, By End User (2017-2027) ($MN)
30 Global Narrowband IoT Market Outlook, By Agriculture (2017-2027) ($MN)
31 Global Narrowband IoT Market Outlook, By Automotive and Transportation (2017-2027) ($MN)
32 Global Narrowband IoT Market Outlook, By Energy and Utilities (2017-2027) ($MN)
33 Global Narrowband IoT Market Outlook, By Healthcare (2017-2027) ($MN)
34 Global Narrowband IoT Market Outlook, By Manufacturing (2017-2027) ($MN)
35 Global Narrowband IoT Market Outlook, By Safety and Security (2017-2027) ($MN)
36 Global Narrowband IoT Market Outlook, By Infrastructure (2017-2027) ($MN)
37 Global Narrowband IoT Market Outlook, By Building Automation (2017-2027) ($MN)
38 Global Narrowband IoT Market Outlook, By Consumer Electronics (2017-2027) ($MN)
39 Global Narrowband IoT Market Outlook, By Logistics (2017-2027) ($MN)
40 Global Narrowband IoT Market Outlook, By Information Technology (IT) (2017-2027) ($MN)
41 Global Narrowband IoT Market Outlook, By Retail (2017-2027) ($MN)
42 Global Narrowband IoT Market Outlook, By Smart Cities (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.