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Global Narrowband IoT Market Research Report 2020-2026

The global Narrowband IoT (NB-IoT) market is expected to reach USD 200.04 million by 2026, according to a new report by Reports and Data. Currently, LPWA, i.e. low powered wide area wireless technology exists. They are the non-standardized, fragmented and operational cost is high. The NB-IoT is projected to overcome these shortcomings and can highly reliable with low operational cost and also consume less power. NB-IoT operates on the licensed spectrum that provides reliable and secure connectivity meanwhile assuring quality in service.

NB-IoT provides some benefits such as reliability, wider deployment, power efficiency cost savings and global reach. It also improves the consumption power in user devices, system capacity, and spectrum efficiency. It is also supported by all major mobile equipment and can co-exist with 2G, 3G, and 4G networks as well. It also provides secure and provides privacy features. However, low speed and data security concern is hindering the growth of the market.

North America will dominate the NB-IoT market. The U.S invest heavily in R&D for the growth of the market. The government of U.S. is implementing IoT under the scheme “Smart America” across infrastructure and utilities. This is driving the NB-IoT market further. Deployment of smart infrastructure and smart city program in China, Japan and India are fueling the market in the APAC region as well.

Key Coverage of the Report
Region and country wise statistics of NB-IoT from the period 2018-2026. While 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026, have been derived as forecasts.
Various types of NB-IoT which are stand-alone, guard band and in-band have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.
Detailed analysis of applications of NB-IoT for the forecast period.
Regulatory framework related to the adoption of NB-IoT in each region.
Regional presence of NB-IoT manufacturers and the recent development of these companies have been mapped.
Demand and Supply GAP Analysis
Regional Competitors Pricing Strategy
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments.
Salient Trends of the Narrowband IoT (NB-IoT) Market
NB-IoT market is expected to grow at a CAGR of 25.9% in terms of value and reach USD 200.09 million in 2026.
Increasing growth in IoT and its applications and desire of countries to have smart cities and infrastructure is driving the market. Application of NB-IoT includes automotive, sensors, alarms and security. Its easy installation and cost efficiency in driving the market.
The government of various countries is supporting the implementation of NB-IoT completely for quality development and improvement in the standard of living. Stringent government programs such as ‘Smart America’ or cities in other nations are deploying NB-IoT and boosting the market.
Increasing awareness among end-users regarding the benefits and simplicity of the NB-IoT market is also increasing its demand. Various applications are coming up that has NB-IoT deployed in it.
North America dominates the market with a 34% market share. The application of IoT in every device and wireless city plans are driving the growth of this NB-IoT market. Easy connectivity and higher speed is also the reason for the boost in this region. The emergence of smart infrastructure is also boosting the market in the APAC
June 2018: Ericsson in partnership with Russian Telecom Operator and PJSC Vimplecom Beeline launched NB-IoT in a heavily populated area to test the impact of IoT in residential and busy cities with businesses, infrastructure, and
Companies considered and profiled in this market study
Ericsson, Qualcomm Incorporated, Huawei Technologies Co. Ltd., Vodafone Group PLC, Nokia Networks, CommSolid GmBH, MistBase AB, Samsung Group, Intel Corporation, Verizon Communication, U-Blox Holding AG are some companies studied in the paper.

Market-O-Nomics
NB-IoT market is growing at a CAGR of 25.9%. It had a market value of USD 16.9 million in the year 2018 and is predicted to reach 200.04 million by 2026.
Several driving factors like the surge in deployment of IoT and rise in demand for smart cities and infrastructure is fueling the market further. Rise in demand for telematics, navigation, in-car infotainment services is driving the market in the automotive and transportation industry.
The standalone segment is expected to hold the largest market share of 53%, and guard-band is expected to have a higher rate. Standalone is considered as a better option to run parallel with GSM leading more than one GSM carriers to be used to carry IoT traffic. This method accelerates time to market and maximizes the benefit of infrastructure on a global scale once NB-IoT is successfully tested.
Alarms and detectors are also the highest growing segment because of the increase in theft and missing shipments. Trackers are being increased demanded and used to get real-time location of the vehicles.
Along with the increase in alarms and detectors are the sector of sensors. With the rise in IoT, MCU sensors are also increasingly used for monitoring purpose.
North America will hold the largest share of 34%. With stringent policy implementation of US government, the market for NB-IoT is experiencing a real-time The program such as smart cities and infrastructure is encouraging the market of NB-IoT to grow at a rapid speed.
June 2018: L&T technology services in its collaboration with Cadence Design System Inc. has launch latest NB-IoT L1, L2, L3 which is integrated on SoC to deliver fast time with low risk. It has utilized NB-IoT with low memory and foot print to enable custom target platforms.
June 2018: LTE-M is providing NB-IoT across US and Mexico at low cost for mass deployment of IoT.
Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Agricultural Biostimulant market on the basis of offering, deployment, devices, end-use application, and region:

Offering Outlook (Revenue, USD Million; 2018-2026)
Hardware
Software
Services
Deployment Outlook (Revenue, USD Million; 2018-2026)
Soil Standalone
Guard Band
In-Band
Devices Outlook (Revenue, USD Million; 2018-2026)
Smart Appliance
Smart Meters
Trackers
Alarms and Detectors
Wearable devices
End-Use Outlook (Revenue, USD Million; 2018-2026)
Agriculture
Automotive & Transportation
Energy
Healthcare
Manufacturing
Retail
Safety & Security
Infrastructure,
Building Automation
Others
Regional Outlook (Revenue, USD Million; 2018-2026)
North America
U.S.
Europe
Germany
UK
Asia Pacific
China
India
Latin America
Brazil
MEA
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global implementation of IoT
3.1.2. Global demand for smart cities and infrastructures
3.1.3. Prominence of North America in the world market
Chapter 4. Narrowband IoT (NB-IoT) Market Segmentation & Impact Analysis
4.1. Narrowband IoT (NB-IoT) Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Narrowband IoT (NB-IoT) Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Implementation of machine to machine communication
4.4.1.2. Long range connectivity demand
4.4.1.3. Demand for low cost and power technology
4.4.2. Market restraint analysis
4.4.2.1. Low speed in transfer of data
4.4.2.2. Security concerns
4.5. Key opportunities prioritized
4.5.1. Emergence of smart infrastructure
Chapter 5. Narrowband IoT (NB-IoT) Market By Offering Insights & Trends
5.1. Offering Dynamics & Market Share, 2018 & 2026
5.2. Hardware
5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
5.3. Software
5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
5.4. Services
5.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 6. Narrowband IoT (NB-IoT) Market By Deployment Insights & Trends
6.1. Deployment Dynamics & Market Share, 2018 & 2026
6.2. Standalone
6.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.3. Guard Band
6.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.4. In-Band
6.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 7. Narrowband IoT (NB-IoT) Market By Devices Insights & Trends
7.1. Devices Dynamics & Market Share, 2018 & 2026
7.2. Smart Appliance
7.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.3. Smart Meters
7.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.4. Trackers
7.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.5. Alarms and Detectors
7.5.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.6. Wearable devices
7.6.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.6.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 8. Narrowband IoT (NB-IoT) Market By End-Use Application Insights & Trends
8.1. End-Use Application Dynamics & Market Share, 2018 & 2026
8.2. Agriculture
8.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.3. Automotive and Transportation
8.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.4. Energy
8.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.5. Healthcare
8.5.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.6. Manufacturing
8.6.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.6.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.7. Retail
8.7.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.7.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.8. Safety and Security
8.8.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.8.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.9. Infrastructure
8.9.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.9.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
8.10. Building Automation
8.10.1. Market estimates and forecast, 2016 – 2026 (USD Million)
8.10.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 9. Narrowband IoT (NB-IoT) Market Regional Outlook
9.1. Narrowband IoT (NB-IoT) Market share by region, 2018 & 2026
9.2. North America
9.2.1. North America Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.2.2. North America Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.2.3. North America Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment type, 2016 –2026, (USD Million)
9.2.4. North America Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.2.5. North America Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use application, 2016 –2026, (USD Million)
9.2.6. U.S.
9.2.6.1. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.2.6.2. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.2.6.3. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.2.6.4. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.2.6.5. U.S. Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.3. Europe
9.3.1. Europe Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.3.2. Europe Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.3.3. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.3.4. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.3.5. Europe Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.3.6. Germany
9.3.6.1. Germany Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.3.6.2. Germany Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.3.6.3. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.3.6.4. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.3.6.5. Germany Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.3.7. U.K.
9.3.7.1. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.3.7.2. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.3.7.3. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.3.7.4. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.3.7.5. U.K. Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.3.8. France
9.3.8.1. France Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.3.8.2. France Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.3.8.3. France Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.3.8.4. France Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.3.8.5. France Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.4. Asia Pacific
9.4.1. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.4.2. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.4.3. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.4.4. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.4.5. Asia Pacific Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.4.6. China
9.4.6.1. China Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.4.6.2. China Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.4.6.3. China Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.4.6.4. China Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.4.6.5. China Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.4.7. India
9.4.7.1. India Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.4.7.2. India Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.4.7.3. India Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.4.7.4. India Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.4.7.5. India Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.4.8. Japan
9.4.8.1. Japan Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.4.8.2. Japan Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.4.8.3. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.4.8.4. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.4.8.5. Japan Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.5. Middle East & Africa
9.5.1. MEA Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.5.2. MEA Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.5.3. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.5.4. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.5.5. MEA Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.6. Latin America
9.6.1. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.6.2. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.6.3. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.6.4. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.6.5. Latin America Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
9.6.6. Brazil
9.6.6.1. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast, 2016 – 2026, (USD Million)
9.6.6.2. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast By Offering, 2016 –2026, (USD Million)
9.6.6.3. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by Deployment Type, 2016 –2026, (USD Million)
9.6.6.4. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by Device, 2016 –2026, (USD Million)
9.6.6.5. Brazil Narrowband IoT (NB-IoT) Market estimates and forecast by End-Use Application, 2016 –2026, (USD Million)
Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
11.1. Huawei Technologies Co. Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Type Insights
11.1.4. Strategic Initiatives
11.2. Ericsson
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Type Insights
11.2.4. Strategic Initiatives
11.3. Vodafone Group PLC
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Type Insights
11.3.4. Strategic Initiatives
11.4. Qualcomm Incorporated
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Type Insights
11.4.4. Strategic Initiatives
11.5. Intel Corporation
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Type Insights
11.5.4. Strategic Initiatives
11.6. Mistbase Communication System
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Type Insights
11.6.4. Strategic Initiatives
11.7. Samsung Electronics
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Type Insights
11.7.4. Strategic Initiatives
11.8. Verizon Communications
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Type Insights
11.8.4. Strategic Initiatives
11.9. Nokia Corporation
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Type Insights
11.9.4. Strategic Initiatives
11.10. U-Blox Holding AG
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Type Insights
11.10.4. Strategic Initiatives
  • FORMAT: PDF
  • PUBLISHED DATE: Feb, 2020
  • NO OF PAGES: 125