Narrowband Iot Market
PUBLISHED: 2020 ID: SMRC19124
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Narrowband Iot Market

Narrowband Internet of Things (IoT) - Global Market Outlook (2018-2027)

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4.4 (50 reviews)
Published: 2020 ID: SMRC19124

This report covers the impact of COVID-19 on this global market

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.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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