Global Narrow Band IoT Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI09249094

Publication Date:

September 17, 2024

Pages:

111

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Internet [2]

Computing & Electronics [3]

Description:

The global Narrow Band IoT market size was valued at US$ million in 2023. With growing demand in downstream market, the Narrow Band 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 Narrow Band IoT market. Narrow Band 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 Narrow Band 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 Narrow Band IoT market.
The emergence of cellular NB-IoT network has fundamentally changed the IoT landscape. NB-IoT technology are best suited for applications that need to send small amounts of data over a wider range and are cost-effective. These technologies can cover an entire nation, thus connecting everything from meters to utilities to wearables.
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 Narrow Band 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 Narrow Band IoT market. It may include historical data, market segmentation by Type (e.g., In-Band, Guard Band), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Narrow Band 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 Narrow Band 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 Narrow Band IoT industry. This include advancements in Narrow Band IoT technology, Narrow Band IoT new entrants, Narrow Band IoT new investment, and other innovations that are shaping the future of Narrow Band IoT.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Narrow Band IoT market. It includes factors influencing customer ' purchasing decisions, preferences for Narrow Band IoT product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Narrow Band IoT market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Narrow Band 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 Narrow Band IoT market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Narrow Band 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 Narrow Band IoT market.
Market Segmentation:
Narrow Band 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
In-Band
Guard Band
Standalone
Segmentation by application
Agriculture
Automotive & Transportation
Energy
HealthCare
Manufacturing
Retail
Others
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.
Huawei Technologies (China)
Vodafone Group (UK)
Emirates Telecommunications Corporation (UAE)
Telecom Italia (Italy)
Qualcomm (US)
China Unicom (China)
Intel Corporation (US)
Ericsson (Sweden)
Nokia Networks (Finland)
Verizon Communication (US)

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 Narrow Band IoT Market Size 2019-2030
2.1.2 Narrow Band IoT Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Narrow Band IoT Segment by Type
2.2.1 In-Band
2.2.2 Guard Band
2.2.3 Standalone
2.3 Narrow Band IoT Market Size by Type
2.3.1 Narrow Band IoT Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Narrow Band IoT Market Size Market Share by Type (2019-2024)
2.4 Narrow Band IoT Segment by Application
2.4.1 Agriculture
2.4.2 Automotive & Transportation
2.4.3 Energy
2.4.4 HealthCare
2.4.5 Manufacturing
2.4.6 Retail
2.4.7 Others
2.5 Narrow Band IoT Market Size by Application
2.5.1 Narrow Band IoT Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Narrow Band IoT Market Size Market Share by Application (2019-2024)
3 Narrow Band IoT Market Size by Player
3.1 Narrow Band IoT Market Size Market Share by Players
3.1.1 Global Narrow Band IoT Revenue by Players (2019-2024)
3.1.2 Global Narrow Band IoT Revenue Market Share by Players (2019-2024)
3.2 Global Narrow Band 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 Narrow Band IoT by Regions
4.1 Narrow Band IoT Market Size by Regions (2019-2024)
4.2 Americas Narrow Band IoT Market Size Growth (2019-2024)
4.3 APAC Narrow Band IoT Market Size Growth (2019-2024)
4.4 Europe Narrow Band IoT Market Size Growth (2019-2024)
4.5 Middle East & Africa Narrow Band IoT Market Size Growth (2019-2024)
5 Americas
5.1 Americas Narrow Band IoT Market Size by Country (2019-2024)
5.2 Americas Narrow Band IoT Market Size by Type (2019-2024)
5.3 Americas Narrow Band 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 Narrow Band IoT Market Size by Region (2019-2024)
6.2 APAC Narrow Band IoT Market Size by Type (2019-2024)
6.3 APAC Narrow Band 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 Narrow Band IoT by Country (2019-2024)
7.2 Europe Narrow Band IoT Market Size by Type (2019-2024)
7.3 Europe Narrow Band 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 Narrow Band IoT by Region (2019-2024)
8.2 Middle East & Africa Narrow Band IoT Market Size by Type (2019-2024)
8.3 Middle East & Africa Narrow Band 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 Narrow Band IoT Market Forecast
10.1 Global Narrow Band IoT Forecast by Regions (2025-2030)
10.1.1 Global Narrow Band IoT Forecast by Regions (2025-2030)
10.1.2 Americas Narrow Band IoT Forecast
10.1.3 APAC Narrow Band IoT Forecast
10.1.4 Europe Narrow Band IoT Forecast
10.1.5 Middle East & Africa Narrow Band IoT Forecast
10.2 Americas Narrow Band IoT Forecast by Country (2025-2030)
10.2.1 United States Narrow Band IoT Market Forecast
10.2.2 Canada Narrow Band IoT Market Forecast
10.2.3 Mexico Narrow Band IoT Market Forecast
10.2.4 Brazil Narrow Band IoT Market Forecast
10.3 APAC Narrow Band IoT Forecast by Region (2025-2030)
10.3.1 China Narrow Band IoT Market Forecast
10.3.2 Japan Narrow Band IoT Market Forecast
10.3.3 Korea Narrow Band IoT Market Forecast
10.3.4 Southeast Asia Narrow Band IoT Market Forecast
10.3.5 India Narrow Band IoT Market Forecast
10.3.6 Australia Narrow Band IoT Market Forecast
10.4 Europe Narrow Band IoT Forecast by Country (2025-2030)
10.4.1 Germany Narrow Band IoT Market Forecast
10.4.2 France Narrow Band IoT Market Forecast
10.4.3 UK Narrow Band IoT Market Forecast
10.4.4 Italy Narrow Band IoT Market Forecast
10.4.5 Russia Narrow Band IoT Market Forecast
10.5 Middle East & Africa Narrow Band IoT Forecast by Region (2025-2030)
10.5.1 Egypt Narrow Band IoT Market Forecast
10.5.2 South Africa Narrow Band IoT Market Forecast
10.5.3 Israel Narrow Band IoT Market Forecast
10.5.4 Turkey Narrow Band IoT Market Forecast
10.5.5 GCC Countries Narrow Band IoT Market Forecast
10.6 Global Narrow Band IoT Forecast by Type (2025-2030)
10.7 Global Narrow Band IoT Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Huawei Technologies (China)
11.1.1 Huawei Technologies (China) Company Information
11.1.2 Huawei Technologies (China) Narrow Band IoT Product Offered
11.1.3 Huawei Technologies (China) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Huawei Technologies (China) Main Business Overview
11.1.5 Huawei Technologies (China) Latest Developments
11.2 Vodafone Group (UK)
11.2.1 Vodafone Group (UK) Company Information
11.2.2 Vodafone Group (UK) Narrow Band IoT Product Offered
11.2.3 Vodafone Group (UK) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Vodafone Group (UK) Main Business Overview
11.2.5 Vodafone Group (UK) Latest Developments
11.3 Emirates Telecommunications Corporation (UAE)
11.3.1 Emirates Telecommunications Corporation (UAE) Company Information
11.3.2 Emirates Telecommunications Corporation (UAE) Narrow Band IoT Product Offered
11.3.3 Emirates Telecommunications Corporation (UAE) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Emirates Telecommunications Corporation (UAE) Main Business Overview
11.3.5 Emirates Telecommunications Corporation (UAE) Latest Developments
11.4 Telecom Italia (Italy)
11.4.1 Telecom Italia (Italy) Company Information
11.4.2 Telecom Italia (Italy) Narrow Band IoT Product Offered
11.4.3 Telecom Italia (Italy) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Telecom Italia (Italy) Main Business Overview
11.4.5 Telecom Italia (Italy) Latest Developments
11.5 Qualcomm (US)
11.5.1 Qualcomm (US) Company Information
11.5.2 Qualcomm (US) Narrow Band IoT Product Offered
11.5.3 Qualcomm (US) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Qualcomm (US) Main Business Overview
11.5.5 Qualcomm (US) Latest Developments
11.6 China Unicom (China)
11.6.1 China Unicom (China) Company Information
11.6.2 China Unicom (China) Narrow Band IoT Product Offered
11.6.3 China Unicom (China) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 China Unicom (China) Main Business Overview
11.6.5 China Unicom (China) Latest Developments
11.7 Intel Corporation (US)
11.7.1 Intel Corporation (US) Company Information
11.7.2 Intel Corporation (US) Narrow Band IoT Product Offered
11.7.3 Intel Corporation (US) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Intel Corporation (US) Main Business Overview
11.7.5 Intel Corporation (US) Latest Developments
11.8 Ericsson (Sweden)
11.8.1 Ericsson (Sweden) Company Information
11.8.2 Ericsson (Sweden) Narrow Band IoT Product Offered
11.8.3 Ericsson (Sweden) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Ericsson (Sweden) Main Business Overview
11.8.5 Ericsson (Sweden) Latest Developments
11.9 Nokia Networks (Finland)
11.9.1 Nokia Networks (Finland) Company Information
11.9.2 Nokia Networks (Finland) Narrow Band IoT Product Offered
11.9.3 Nokia Networks (Finland) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Nokia Networks (Finland) Main Business Overview
11.9.5 Nokia Networks (Finland) Latest Developments
11.10 Verizon Communication (US)
11.10.1 Verizon Communication (US) Company Information
11.10.2 Verizon Communication (US) Narrow Band IoT Product Offered
11.10.3 Verizon Communication (US) Narrow Band IoT Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Verizon Communication (US) Main Business Overview
11.10.5 Verizon Communication (US) Latest Developments
12 Research Findings and Conclusion

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