

The global Long-Term Evolution (LTE) Internet of Things (IoT) market size was valued at US$ million in 2023. With growing demand in downstream market, the Long-Term Evolution (LTE) Internet of Things (IoT) is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Long-Term Evolution (LTE) Internet of Things (IoT) market. Long-Term Evolution (LTE) Internet of Things (IoT) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Long-Term Evolution (LTE) Internet of Things (IoT). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Long-Term Evolution (LTE) Internet of Things (IoT) market.
Narrowband IoT (NB-IoT) is a Low Power Wide Area Network (LPWAN) radio technology standard developed by 3GPP to enable a wide range of cellular devices and services. NB-IoT uses a subset of the LTE standard, but limits the bandwidth to a single narrow-band of 200kHz.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Key Features:
The report on Long-Term Evolution (LTE) Internet of Things (IoT) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Long-Term Evolution (LTE) Internet of Things (IoT) market. It may include historical data, market segmentation by Type (e.g., NB-IoT, LTE-M), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Long-Term Evolution (LTE) Internet of Things (IoT) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Long-Term Evolution (LTE) Internet of Things (IoT) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Long-Term Evolution (LTE) Internet of Things (IoT) industry. This include advancements in Long-Term Evolution (LTE) Internet of Things (IoT) technology, Long-Term Evolution (LTE) Internet of Things (IoT) new entrants, Long-Term Evolution (LTE) Internet of Things (IoT) new investment, and other innovations that are shaping the future of Long-Term Evolution (LTE) Internet of Things (IoT).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Long-Term Evolution (LTE) Internet of Things (IoT) market. It includes factors influencing customer ' purchasing decisions, preferences for Long-Term Evolution (LTE) Internet of Things (IoT) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Long-Term Evolution (LTE) Internet of Things (IoT) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Long-Term Evolution (LTE) Internet of Things (IoT) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Long-Term Evolution (LTE) Internet of Things (IoT) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Long-Term Evolution (LTE) Internet of Things (IoT) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Long-Term Evolution (LTE) Internet of Things (IoT) market.
Market Segmentation:
Long-Term Evolution (LTE) Internet of Things (IoT) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
NB-IoT
LTE-M
Segmentation by application
Manufacturing
Energy and Utilities
Transportation and Logistics
Healthcare
Agriculture
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ericsson
Vodafone
Telstra
Sierra Wireless
PureSoftware
Sequans Communications
Orange
T-Mobile
Telus
MediaTek
Athonet
NetNumber
Telensa
Actility
Link Labs
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Size 2019-2030
2.1.2 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Long-Term Evolution (LTE) Internet of Things (IoT) Segment by Type
2.2.1 NB-IoT
2.2.2 LTE-M
2.3 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Type
2.3.1 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Market Share by Type (2019-2024)
2.4 Long-Term Evolution (LTE) Internet of Things (IoT) Segment by Application
2.4.1 Manufacturing
2.4.2 Energy and Utilities
2.4.3 Transportation and Logistics
2.4.4 Healthcare
2.4.5 Agriculture
2.5 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Application
2.5.1 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Market Share by Application (2019-2024)
3 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Player
3.1 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Market Share by Players
3.1.1 Global Long-Term Evolution (LTE) Internet of Things (IoT) Revenue by Players (2019-2024)
3.1.2 Global Long-Term Evolution (LTE) Internet of Things (IoT) Revenue Market Share by Players (2019-2024)
3.2 Global Long-Term Evolution (LTE) Internet of Things (IoT) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Long-Term Evolution (LTE) Internet of Things (IoT) by Regions
4.1 Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Regions (2019-2024)
4.2 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Growth (2019-2024)
4.3 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Growth (2019-2024)
4.4 Europe Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Growth (2019-2024)
4.5 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) Market Size Growth (2019-2024)
5 Americas
5.1 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Country (2019-2024)
5.2 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Type (2019-2024)
5.3 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Region (2019-2024)
6.2 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Type (2019-2024)
6.3 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Long-Term Evolution (LTE) Internet of Things (IoT) by Country (2019-2024)
7.2 Europe Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Type (2019-2024)
7.3 Europe Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) by Region (2019-2024)
8.2 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Type (2019-2024)
8.3 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.1 Global Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Regions (2025-2030)
10.1.1 Global Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Regions (2025-2030)
10.1.2 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Forecast
10.1.3 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Forecast
10.1.4 Europe Long-Term Evolution (LTE) Internet of Things (IoT) Forecast
10.1.5 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) Forecast
10.2 Americas Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Country (2025-2030)
10.2.1 United States Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.2.2 Canada Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.2.3 Mexico Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.2.4 Brazil Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3 APAC Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Region (2025-2030)
10.3.1 China Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3.2 Japan Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3.3 Korea Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3.4 Southeast Asia Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3.5 India Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.3.6 Australia Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.4 Europe Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Country (2025-2030)
10.4.1 Germany Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.4.2 France Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.4.3 UK Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.4.4 Italy Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.4.5 Russia Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.5 Middle East & Africa Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Region (2025-2030)
10.5.1 Egypt Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.5.2 South Africa Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.5.3 Israel Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.5.4 Turkey Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.5.5 GCC Countries Long-Term Evolution (LTE) Internet of Things (IoT) Market Forecast
10.6 Global Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Type (2025-2030)
10.7 Global Long-Term Evolution (LTE) Internet of Things (IoT) Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Ericsson
11.1.1 Ericsson Company Information
11.1.2 Ericsson Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.1.3 Ericsson Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Ericsson Main Business Overview
11.1.5 Ericsson Latest Developments
11.2 Vodafone
11.2.1 Vodafone Company Information
11.2.2 Vodafone Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.2.3 Vodafone Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Vodafone Main Business Overview
11.2.5 Vodafone Latest Developments
11.3 Telstra
11.3.1 Telstra Company Information
11.3.2 Telstra Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.3.3 Telstra Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Telstra Main Business Overview
11.3.5 Telstra Latest Developments
11.4 Sierra Wireless
11.4.1 Sierra Wireless Company Information
11.4.2 Sierra Wireless Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.4.3 Sierra Wireless Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Sierra Wireless Main Business Overview
11.4.5 Sierra Wireless Latest Developments
11.5 PureSoftware
11.5.1 PureSoftware Company Information
11.5.2 PureSoftware Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.5.3 PureSoftware Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 PureSoftware Main Business Overview
11.5.5 PureSoftware Latest Developments
11.6 Sequans Communications
11.6.1 Sequans Communications Company Information
11.6.2 Sequans Communications Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.6.3 Sequans Communications Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Sequans Communications Main Business Overview
11.6.5 Sequans Communications Latest Developments
11.7 Orange
11.7.1 Orange Company Information
11.7.2 Orange Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.7.3 Orange Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Orange Main Business Overview
11.7.5 Orange Latest Developments
11.8 T-Mobile
11.8.1 T-Mobile Company Information
11.8.2 T-Mobile Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.8.3 T-Mobile Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 T-Mobile Main Business Overview
11.8.5 T-Mobile Latest Developments
11.9 Telus
11.9.1 Telus Company Information
11.9.2 Telus Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.9.3 Telus Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Telus Main Business Overview
11.9.5 Telus Latest Developments
11.10 MediaTek
11.10.1 MediaTek Company Information
11.10.2 MediaTek Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.10.3 MediaTek Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 MediaTek Main Business Overview
11.10.5 MediaTek Latest Developments
11.11 Athonet
11.11.1 Athonet Company Information
11.11.2 Athonet Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.11.3 Athonet Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Athonet Main Business Overview
11.11.5 Athonet Latest Developments
11.12 NetNumber
11.12.1 NetNumber Company Information
11.12.2 NetNumber Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.12.3 NetNumber Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 NetNumber Main Business Overview
11.12.5 NetNumber Latest Developments
11.13 Telensa
11.13.1 Telensa Company Information
11.13.2 Telensa Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.13.3 Telensa Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Telensa Main Business Overview
11.13.5 Telensa Latest Developments
11.14 Actility
11.14.1 Actility Company Information
11.14.2 Actility Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.14.3 Actility Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Actility Main Business Overview
11.14.5 Actility Latest Developments
11.15 Link Labs
11.15.1 Link Labs Company Information
11.15.2 Link Labs Long-Term Evolution (LTE) Internet of Things (IoT) Product Offered
11.15.3 Link Labs Long-Term Evolution (LTE) Internet of Things (IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Link Labs Main Business Overview
11.15.5 Link Labs Latest Developments
12 Research Findings and Conclusion
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*If Applicable.