Narrowband IoT (NB – IoT) Market 2019 Compressive Analysis with Industry Size, Share, Trends, Growth Factors, Leading Players, Demand and Forecast 2023

August 31 23:11 2019
Narrowband IoT (NB – IoT) Market 2019 Compressive Analysis with Industry Size, Share, Trends, Growth Factors, Leading Players, Demand and Forecast 2023

” Narrowband IoT (NB – IoT) Market “
Global Narrowband IoT Market will garner a monumental compound annual growth rate of 50% over the forecast period between 2016 and 2022

Rapid Development of the IoT Industry Anticipated to Push the Global Narrowband IoT Market

Narrowband IoT market or NB-IoT, is known as a low power wide area network technology (LPWA) that helps connect a number of devices and services on developed cellular networks. NB-IoT operates in licensed spectrum that offers safe and reliable connectivity, all the while assuring prime quality of service.

The global narrowband IoT market is anticipated to register significant growth in the coming years as mentioned by Market Research Future (MRFR) in its in-depth report

The market is anticipated to showcase such extraordinary growth due to the fast-paced development in the IoT industry and the growing demand for new cellular communication technology that are aimed at targeting IoT LPWA applications. The burgeoning demand for telematics, navigation, and in-car infotainment services in the automotive & transportation industry is massively supporting the market for narrowband IoT. Additionally, NB-IoT also offers advantages such as excellent penetration coverage, low level of power consumption, and low component cost. These advantages, subsequently, boosts the overall growth of the market.

Get Free Sample Copy of “Narrowband – IoT Market Report – Global Forecast to 2022” At:  https://www.marketresearchfuture.com/sample_request/1904

Competitive Landscape

The growth of the global narrowband IoT market is significantly associated with the contribution by some of the leading players in the sector. Some of the leading players reported by MRFR are China Unicom (China), Vodafone Group PLC (U.K.), Qualcomm Inc. (U.S.), Emirates Telecommunications Corporation (UAE), Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Telecom Italia (Italy), Intel Corporation (U.S.), Verizon Communication (U.S.), Nokia Networks (Finland), and others.

May 6th, 2019, according to an official from the company, AT&T launched narrowband IoT service to aid the simplest of sensors with potential price targets of data plans of USD 5 per year and USD 5 per NB-IoT module.

Market Segmentation

The global narrowband IoT Market segmentation is done on the basis of device, deployment, and verticals.

By device type, the market includes tracker, smart metering wearable, alarm & detectors, tracking, and others.

By vertical, the market comprises IT, Healthcare, Automotive & Logistics, Agriculture, Manufacturing, Energy & Utilities, and others.

By deployment, the market narrows down into stand alone, In Band, and Guard Band.

Regional Analysis

The global narrowband IoT market is geographically distributed into the following nations: Asia Pacific, Europe, North America, and the Rest of the World (RoW). The regional segmentation is done to grab a precise understanding of the market and its global outlook.

Geographically, the North American region dominates the global landscape and holds a significant share of the market under its name. The region is further expected to command the global market and stand atop of the other mentioned regions. The growth of the region can be attributed to a number of key factors, including the increasing adoption of IoT and cloud-based services herein. Add to this, the presence of a well-developed IT infrastructure, presence of various key players, and a number of emerging smart city projects undergoing in this region are all contributing notably to the growth of the North American market. Moreover, the wide number of commercial applications in smart healthcare, smart cities, and public sector is going to further boost the growth of the region. The increasing demand for efficient and cost-effective connectivity technology in North America is also aiding the market.

The Asia Pacific region stands second in the global narrowband IoT market and is expected to garner the highest CAGR over the forecast period due to the number of government programs imposed for smart cities in China and India. China is a major contributor to the Asia Pacific market and India is following suite with growing demand and implementation of IoT. The European region is anticipated to exhibit a decent CAGR over the forecast period due to its expanding number of applications in the automotive & transportation industry

TABLE OF CONTENTS

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

Access Narrowband IOT Market Report Details @ https://www.marketresearchfuture.com/reports/narrowband-iot-market-1904

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

Continued…

List Of Tables

Table 1 Global Narrowband-Iot Market By Device Type

Table 2 Global Narrowband-Iot Market By Deployment

Table 3 Global Narrowband-Iot Market By Vertical

Continued…

List Of Figures

Figure 1 Research Device Type

Figure 2 Global Narrowband-Iot Market: By Device Type (%)

Figure 3 Global Narrowband-Iot Market: By Device Type (%)

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/polyalkylene-glycol-market-5081

  Categories: