
Narrowband IoT (NB-IoT) is a new fast growing wireless technology 3GPP cellular technology standard introduced in Release 13 that addresses the LPWA requirements of the IoT. that was Classified as a 5G technology, istandardized by 3GPP in 2016. It is fast emerging as the best in class a leading LPWAN technology to enable a wide range of new IIoT devices including smart parking, utilities, wearables, and industrial solutions.
Market Analysis and Insights: Global NB IoT Technology Market
The global NB IoT Technology market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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.
Report Covers:
This report presents an overview of global market for NB IoT Technology market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of NB IoT Technology, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for NB IoT Technology, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the NB IoT Technology revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global NB IoT Technology market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for NB IoT Technology revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Huawei
Nokia
Ericsson
Deutsche Telekom
ARM
Accent Advanced Systems
Rogers
Segment by Type
3G Cellular-based
4G Cellular-based
5G Cellular-based
Segment by Application
Smart Parking
Utilities
Wearable
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of NB IoT Technology in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of NB IoT Technology companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, NB IoT Technology revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global NB IoT Technology Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 3G Cellular-based
1.2.3 4G Cellular-based
1.2.4 5G Cellular-based
1.3 Market by Application
1.3.1 Global NB IoT Technology Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Smart Parking
1.3.3 Utilities
1.3.4 Wearable
1.3.5 Industrial
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global NB IoT Technology Market Perspective (2019-2030)
2.2 Global NB IoT Technology Growth Trends by Region
2.2.1 NB IoT Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 NB IoT Technology Historic Market Size by Region (2019-2024)
2.2.3 NB IoT Technology Forecasted Market Size by Region (2025-2030)
2.3 NB IoT Technology Market Dynamics
2.3.1 NB IoT Technology Industry Trends
2.3.2 NB IoT Technology Market Drivers
2.3.3 NB IoT Technology Market Challenges
2.3.4 NB IoT Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue NB IoT Technology by Players
3.1.1 Global NB IoT Technology Revenue by Players (2019-2024)
3.1.2 Global NB IoT Technology Revenue Market Share by Players (2019-2024)
3.2 Global NB IoT Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of NB IoT Technology, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global NB IoT Technology Market Concentration Ratio
3.4.1 Global NB IoT Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by NB IoT Technology Revenue in 2023
3.5 Global Key Players of NB IoT Technology Head office and Area Served
3.6 Global Key Players of NB IoT Technology, Product and Application
3.7 Global Key Players of NB IoT Technology, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 NB IoT Technology Breakdown Data by Type
4.1 Global NB IoT Technology Historic Market Size by Type (2019-2024)
4.2 Global NB IoT Technology Forecasted Market Size by Type (2025-2030)
5 NB IoT Technology Breakdown Data by Application
5.1 Global NB IoT Technology Historic Market Size by Application (2019-2024)
5.2 Global NB IoT Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America NB IoT Technology Market Size (2019-2030)
6.2 North America NB IoT Technology Market Size by Type
6.2.1 North America NB IoT Technology Market Size by Type (2019-2024)
6.2.2 North America NB IoT Technology Market Size by Type (2025-2030)
6.2.3 North America NB IoT Technology Market Share by Type (2019-2030)
6.3 North America NB IoT Technology Market Size by Application
6.3.1 North America NB IoT Technology Market Size by Application (2019-2024)
6.3.2 North America NB IoT Technology Market Size by Application (2025-2030)
6.3.3 North America NB IoT Technology Market Share by Application (2019-2030)
6.4 North America NB IoT Technology Market Size by Country
6.4.1 North America NB IoT Technology Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America NB IoT Technology Market Size by Country (2019-2024)
6.4.3 North America NB IoT Technology Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe NB IoT Technology Market Size (2019-2030)
7.2 Europe NB IoT Technology Market Size by Type
7.2.1 Europe NB IoT Technology Market Size by Type (2019-2024)
7.2.2 Europe NB IoT Technology Market Size by Type (2025-2030)
7.2.3 Europe NB IoT Technology Market Share by Type (2019-2030)
7.3 Europe NB IoT Technology Market Size by Application
7.3.1 Europe NB IoT Technology Market Size by Application (2019-2024)
7.3.2 Europe NB IoT Technology Market Size by Application (2025-2030)
7.3.3 Europe NB IoT Technology Market Share by Application (2019-2030)
7.4 Europe NB IoT Technology Market Size by Country
7.4.1 Europe NB IoT Technology Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe NB IoT Technology Market Size by Country (2019-2024)
7.4.3 Europe NB IoT Technology Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China NB IoT Technology Market Size (2019-2030)
8.2 China NB IoT Technology Market Size by Type
8.2.1 China NB IoT Technology Market Size by Type (2019-2024)
8.2.2 China NB IoT Technology Market Size by Type (2025-2030)
8.2.3 China NB IoT Technology Market Share by Type (2019-2030)
8.3 China NB IoT Technology Market Size by Application
8.3.1 China NB IoT Technology Market Size by Application (2019-2024)
8.3.2 China NB IoT Technology Market Size by Application (2025-2030)
8.3.3 China NB IoT Technology Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia NB IoT Technology Market Size (2019-2030)
9.2 Asia NB IoT Technology Market Size by Type
9.2.1 Asia NB IoT Technology Market Size by Type (2019-2024)
9.2.2 Asia NB IoT Technology Market Size by Type (2025-2030)
9.2.3 Asia NB IoT Technology Market Share by Type (2019-2030)
9.3 Asia NB IoT Technology Market Size by Application
9.3.1 Asia NB IoT Technology Market Size by Application (2019-2024)
9.3.2 Asia NB IoT Technology Market Size by Application (2025-2030)
9.3.3 Asia NB IoT Technology Market Share by Application (2019-2030)
9.4 Asia NB IoT Technology Market Size by Region
9.4.1 Asia NB IoT Technology Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia NB IoT Technology Market Size by Region (2019-2024)
9.4.3 Asia NB IoT Technology Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America NB IoT Technology Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America NB IoT Technology Market Size by Type
10.2.1 Middle East, Africa, and Latin America NB IoT Technology Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America NB IoT Technology Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America NB IoT Technology Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America NB IoT Technology Market Size by Application
10.3.1 Middle East, Africa, and Latin America NB IoT Technology Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America NB IoT Technology Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America NB IoT Technology Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America NB IoT Technology Market Size by Country
10.4.1 Middle East, Africa, and Latin America NB IoT Technology Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America NB IoT Technology Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America NB IoT Technology Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Huawei
11.1.1 Huawei Company Details
11.1.2 Huawei Business Overview
11.1.3 Huawei NB IoT Technology Introduction
11.1.4 Huawei Revenue in NB IoT Technology Business (2019-2024)
11.1.5 Huawei Recent Developments
11.2 Nokia
11.2.1 Nokia Company Details
11.2.2 Nokia Business Overview
11.2.3 Nokia NB IoT Technology Introduction
11.2.4 Nokia Revenue in NB IoT Technology Business (2019-2024)
11.2.5 Nokia Recent Developments
11.3 Ericsson
11.3.1 Ericsson Company Details
11.3.2 Ericsson Business Overview
11.3.3 Ericsson NB IoT Technology Introduction
11.3.4 Ericsson Revenue in NB IoT Technology Business (2019-2024)
11.3.5 Ericsson Recent Developments
11.4 Deutsche Telekom
11.4.1 Deutsche Telekom Company Details
11.4.2 Deutsche Telekom Business Overview
11.4.3 Deutsche Telekom NB IoT Technology Introduction
11.4.4 Deutsche Telekom Revenue in NB IoT Technology Business (2019-2024)
11.4.5 Deutsche Telekom Recent Developments
11.5 ARM
11.5.1 ARM Company Details
11.5.2 ARM Business Overview
11.5.3 ARM NB IoT Technology Introduction
11.5.4 ARM Revenue in NB IoT Technology Business (2019-2024)
11.5.5 ARM Recent Developments
11.6 Accent Advanced Systems
11.6.1 Accent Advanced Systems Company Details
11.6.2 Accent Advanced Systems Business Overview
11.6.3 Accent Advanced Systems NB IoT Technology Introduction
11.6.4 Accent Advanced Systems Revenue in NB IoT Technology Business (2019-2024)
11.6.5 Accent Advanced Systems Recent Developments
11.7 Rogers
11.7.1 Rogers Company Details
11.7.2 Rogers Business Overview
11.7.3 Rogers NB IoT Technology Introduction
11.7.4 Rogers Revenue in NB IoT Technology Business (2019-2024)
11.7.5 Rogers Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Huawei
Nokia
Ericsson
Deutsche Telekom
ARM
Accent Advanced Systems
Rogers
Ìý
Ìý
*If Applicable.
