Global Narrowband IoT (NB-IoT) Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI09244700

Publication Date:

September 9, 2024

Pages:

110

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Internet [2]

Computing & Electronics [3]

Description:

The global Narrowband IoT (NB-IoT) market size was valued at US$ 208.5 million in 2023. With growing demand in downstream market, the Narrowband IoT (NB-IoT) is forecast to a readjusted size of US$ 1228.5 million by 2030 with a CAGR of 28.8% during review period.
The research report highlights the growth potential of the global Narrowband IoT (NB-IoT) market. Narrowband IoT (NB-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 Narrowband IoT (NB-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 Narrowband IoT (NB-IoT) market.
Growing demand for Low-Power Wide Area Network (LPWAN) use cases across verticals is expected to drive the overall market.
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 Narrowband IoT (NB-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 Narrowband IoT (NB-IoT) market. It may include historical data, market segmentation by Type (e.g., Professional Services, Management Services), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Narrowband IoT (NB-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 Narrowband IoT (NB-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 Narrowband IoT (NB-IoT) industry. This include advancements in Narrowband IoT (NB-IoT) technology, Narrowband IoT (NB-IoT) new entrants, Narrowband IoT (NB-IoT) new investment, and other innovations that are shaping the future of Narrowband IoT (NB-IoT).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Narrowband IoT (NB-IoT) market. It includes factors influencing customer ' purchasing decisions, preferences for Narrowband IoT (NB-IoT) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Narrowband IoT (NB-IoT) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Narrowband IoT (NB-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 Narrowband IoT (NB-IoT) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Narrowband IoT (NB-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 Narrowband IoT (NB-IoT) market.
Market Segmentation:
Narrowband IoT (NB-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
Professional Services
Management Services
Segmentation by application
Agricultural
Logistics
Health Care
Industrial Production
Energy, Utilities
Retail
Other
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.
Vodafone
China Unicom
China Telecom
AT&T
Etisalat
Telstra
Orange
Telefonica
SK Telecom
Deutsche Telekom

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

11 Key Players Analysis
11.1 Vodafone
11.1.1 Vodafone Company Information
11.1.2 Vodafone Narrowband IoT (NB-IoT) Product Offered
11.1.3 Vodafone Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Vodafone Main Business Overview
11.1.5 Vodafone Latest Developments
11.2 China Unicom
11.2.1 China Unicom Company Information
11.2.2 China Unicom Narrowband IoT (NB-IoT) Product Offered
11.2.3 China Unicom Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 China Unicom Main Business Overview
11.2.5 China Unicom Latest Developments
11.3 China Telecom
11.3.1 China Telecom Company Information
11.3.2 China Telecom Narrowband IoT (NB-IoT) Product Offered
11.3.3 China Telecom Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 China Telecom Main Business Overview
11.3.5 China Telecom Latest Developments
11.4 AT&T
11.4.1 AT&T Company Information
11.4.2 AT&T Narrowband IoT (NB-IoT) Product Offered
11.4.3 AT&T Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 AT&T Main Business Overview
11.4.5 AT&T Latest Developments
11.5 Etisalat
11.5.1 Etisalat Company Information
11.5.2 Etisalat Narrowband IoT (NB-IoT) Product Offered
11.5.3 Etisalat Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Etisalat Main Business Overview
11.5.5 Etisalat Latest Developments
11.6 Telstra
11.6.1 Telstra Company Information
11.6.2 Telstra Narrowband IoT (NB-IoT) Product Offered
11.6.3 Telstra Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Telstra Main Business Overview
11.6.5 Telstra Latest Developments
11.7 Orange
11.7.1 Orange Company Information
11.7.2 Orange Narrowband IoT (NB-IoT) Product Offered
11.7.3 Orange Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Orange Main Business Overview
11.7.5 Orange Latest Developments
11.8 Telefonica
11.8.1 Telefonica Company Information
11.8.2 Telefonica Narrowband IoT (NB-IoT) Product Offered
11.8.3 Telefonica Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Telefonica Main Business Overview
11.8.5 Telefonica Latest Developments
11.9 SK Telecom
11.9.1 SK Telecom Company Information
11.9.2 SK Telecom Narrowband IoT (NB-IoT) Product Offered
11.9.3 SK Telecom Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 SK Telecom Main Business Overview
11.9.5 SK Telecom Latest Developments
11.10 Deutsche Telekom
11.10.1 Deutsche Telekom Company Information
11.10.2 Deutsche Telekom Narrowband IoT (NB-IoT) Product Offered
11.10.3 Deutsche Telekom Narrowband IoT (NB-IoT) Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Deutsche Telekom Main Business Overview
11.10.5 Deutsche Telekom Latest Developments
12 Research Findings and Conclusion

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