Narrow Band IoT Market, Global Outlook and Forecast 2022-2028

March 2022 | 66 pages | ID: N6846566859DEN
Market Monitor Global

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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.

This report contains market size and forecasts of Narrow Band IoT in Global, including the following market information:

Global Narrow Band IoT Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Narrow Band IoT market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

In-Band Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Narrow Band IoT include Huawei Technologies (China), Vodafone Group (UK), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm (US), China Unicom (China), Intel Corporation (US), Ericsson (Sweden) and Nokia Networks (Finland) and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Narrow Band IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Narrow Band IoT Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Narrow Band IoT Market Segment Percentages, by Type, 2021 (%)
  • In-Band
  • Guard Band
  • Standalone
Global Narrow Band IoT Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Narrow Band IoT Market Segment Percentages, by Application, 2021 (%)
  • Agriculture
  • Automotive & Transportation
  • Energy
  • HealthCare
  • Manufacturing
  • Retail
  • Others
Global Narrow Band IoT Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Narrow Band IoT Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Narrow Band IoT revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Narrow Band IoT revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • 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)
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Narrow Band IoT Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Narrow Band IoT Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL NARROW BAND IOT OVERALL MARKET SIZE

2.1 Global Narrow Band IoT Market Size: 2021 VS 2028
2.2 Global Narrow Band IoT Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Narrow Band IoT Players in Global Market
3.2 Top Global Narrow Band IoT Companies Ranked by Revenue
3.3 Global Narrow Band IoT Revenue by Companies
3.4 Top 3 and Top 5 Narrow Band IoT Companies in Global Market, by Revenue in 2021
3.5 Global Companies Narrow Band IoT Product Type
3.6 Tier 1, Tier 2 and Tier 3 Narrow Band IoT Players in Global Market
  3.6.1 List of Global Tier 1 Narrow Band IoT Companies
  3.6.2 List of Global Tier 2 and Tier 3 Narrow Band IoT Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Narrow Band IoT Market Size Markets, 2021 & 2028
  4.1.2 In-Band
  4.1.3 Guard Band
  4.1.4 Standalone
4.2 By Type - Global Narrow Band IoT Revenue & Forecasts
  4.2.1 By Type - Global Narrow Band IoT Revenue, 2017-2022
  4.2.2 By Type - Global Narrow Band IoT Revenue, 2023-2028
  4.2.3 By Type - Global Narrow Band IoT Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Narrow Band IoT Market Size, 2021 & 2028
  5.1.2 Agriculture
  5.1.3 Automotive & Transportation
  5.1.4 Energy
  5.1.5 HealthCare
  5.1.6 Manufacturing
  5.1.7 Retail
  5.1.8 Others
5.2 By Application - Global Narrow Band IoT Revenue & Forecasts
  5.2.1 By Application - Global Narrow Band IoT Revenue, 2017-2022
  5.2.2 By Application - Global Narrow Band IoT Revenue, 2023-2028
  5.2.3 By Application - Global Narrow Band IoT Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Narrow Band IoT Market Size, 2021 & 2028
6.2 By Region - Global Narrow Band IoT Revenue & Forecasts
  6.2.1 By Region - Global Narrow Band IoT Revenue, 2017-2022
  6.2.2 By Region - Global Narrow Band IoT Revenue, 2023-2028
  6.2.3 By Region - Global Narrow Band IoT Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Narrow Band IoT Revenue, 2017-2028
  6.3.2 US Narrow Band IoT Market Size, 2017-2028
  6.3.3 Canada Narrow Band IoT Market Size, 2017-2028
  6.3.4 Mexico Narrow Band IoT Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Narrow Band IoT Revenue, 2017-2028
  6.4.2 Germany Narrow Band IoT Market Size, 2017-2028
  6.4.3 France Narrow Band IoT Market Size, 2017-2028
  6.4.4 U.K. Narrow Band IoT Market Size, 2017-2028
  6.4.5 Italy Narrow Band IoT Market Size, 2017-2028
  6.4.6 Russia Narrow Band IoT Market Size, 2017-2028
  6.4.7 Nordic Countries Narrow Band IoT Market Size, 2017-2028
  6.4.8 Benelux Narrow Band IoT Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Narrow Band IoT Revenue, 2017-2028
  6.5.2 China Narrow Band IoT Market Size, 2017-2028
  6.5.3 Japan Narrow Band IoT Market Size, 2017-2028
  6.5.4 South Korea Narrow Band IoT Market Size, 2017-2028
  6.5.5 Southeast Asia Narrow Band IoT Market Size, 2017-2028
  6.5.6 India Narrow Band IoT Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Narrow Band IoT Revenue, 2017-2028
  6.6.2 Brazil Narrow Band IoT Market Size, 2017-2028
  6.6.3 Argentina Narrow Band IoT Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Narrow Band IoT Revenue, 2017-2028
  6.7.2 Turkey Narrow Band IoT Market Size, 2017-2028
  6.7.3 Israel Narrow Band IoT Market Size, 2017-2028
  6.7.4 Saudi Arabia Narrow Band IoT Market Size, 2017-2028
  6.7.5 UAE Narrow Band IoT Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Huawei Technologies (China)
  7.1.1 Huawei Technologies (China) Corporate Summary
  7.1.2 Huawei Technologies (China) Business Overview
  7.1.3 Huawei Technologies (China) Narrow Band IoT Major Product Offerings
  7.1.4 Huawei Technologies (China) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.1.5 Huawei Technologies (China) Key News
7.2 Vodafone Group (UK)
  7.2.1 Vodafone Group (UK) Corporate Summary
  7.2.2 Vodafone Group (UK) Business Overview
  7.2.3 Vodafone Group (UK) Narrow Band IoT Major Product Offerings
  7.2.4 Vodafone Group (UK) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.2.5 Vodafone Group (UK) Key News
7.3 Emirates Telecommunications Corporation (UAE)
  7.3.1 Emirates Telecommunications Corporation (UAE) Corporate Summary
  7.3.2 Emirates Telecommunications Corporation (UAE) Business Overview
  7.3.3 Emirates Telecommunications Corporation (UAE) Narrow Band IoT Major Product Offerings
  7.3.4 Emirates Telecommunications Corporation (UAE) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.3.5 Emirates Telecommunications Corporation (UAE) Key News
7.4 Telecom Italia (Italy)
  7.4.1 Telecom Italia (Italy) Corporate Summary
  7.4.2 Telecom Italia (Italy) Business Overview
  7.4.3 Telecom Italia (Italy) Narrow Band IoT Major Product Offerings
  7.4.4 Telecom Italia (Italy) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.4.5 Telecom Italia (Italy) Key News
7.5 Qualcomm (US)
  7.5.1 Qualcomm (US) Corporate Summary
  7.5.2 Qualcomm (US) Business Overview
  7.5.3 Qualcomm (US) Narrow Band IoT Major Product Offerings
  7.5.4 Qualcomm (US) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.5.5 Qualcomm (US) Key News
7.6 China Unicom (China)
  7.6.1 China Unicom (China) Corporate Summary
  7.6.2 China Unicom (China) Business Overview
  7.6.3 China Unicom (China) Narrow Band IoT Major Product Offerings
  7.6.4 China Unicom (China) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.6.5 China Unicom (China) Key News
7.7 Intel Corporation (US)
  7.7.1 Intel Corporation (US) Corporate Summary
  7.7.2 Intel Corporation (US) Business Overview
  7.7.3 Intel Corporation (US) Narrow Band IoT Major Product Offerings
  7.7.4 Intel Corporation (US) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.7.5 Intel Corporation (US) Key News
7.8 Ericsson (Sweden)
  7.8.1 Ericsson (Sweden) Corporate Summary
  7.8.2 Ericsson (Sweden) Business Overview
  7.8.3 Ericsson (Sweden) Narrow Band IoT Major Product Offerings
  7.8.4 Ericsson (Sweden) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.8.5 Ericsson (Sweden) Key News
7.9 Nokia Networks (Finland)
  7.9.1 Nokia Networks (Finland) Corporate Summary
  7.9.2 Nokia Networks (Finland) Business Overview
  7.9.3 Nokia Networks (Finland) Narrow Band IoT Major Product Offerings
  7.9.4 Nokia Networks (Finland) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.9.5 Nokia Networks (Finland) Key News
7.10 Verizon Communication (US)
  7.10.1 Verizon Communication (US) Corporate Summary
  7.10.2 Verizon Communication (US) Business Overview
  7.10.3 Verizon Communication (US) Narrow Band IoT Major Product Offerings
  7.10.4 Verizon Communication (US) Narrow Band IoT Revenue in Global Market (2017-2022)
  7.10.5 Verizon Communication (US) Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES

Table 1. Narrow Band IoT Market Opportunities & Trends in Global Market
Table 2. Narrow Band IoT Market Drivers in Global Market
Table 3. Narrow Band IoT Market Restraints in Global Market
Table 4. Key Players of Narrow Band IoT in Global Market
Table 5. Top Narrow Band IoT Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Narrow Band IoT Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Narrow Band IoT Revenue Share by Companies, 2017-2022
Table 8. Global Companies Narrow Band IoT Product Type
Table 9. List of Global Tier 1 Narrow Band IoT Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Narrow Band IoT Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Narrow Band IoT Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Narrow Band IoT Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Narrow Band IoT Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Narrow Band IoT Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Narrow Band IoT Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Narrow Band IoT Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Narrow Band IoT Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Narrow Band IoT Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Narrow Band IoT Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Narrow Band IoT Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Narrow Band IoT Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Narrow Band IoT Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Narrow Band IoT Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Narrow Band IoT Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Narrow Band IoT Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Narrow Band IoT Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Narrow Band IoT Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Narrow Band IoT Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Narrow Band IoT Revenue, (US$, Mn), 2023-2028
Table 30. Huawei Technologies (China) Corporate Summary
Table 31. Huawei Technologies (China) Narrow Band IoT Product Offerings
Table 32. Huawei Technologies (China) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 33. Vodafone Group (UK) Corporate Summary
Table 34. Vodafone Group (UK) Narrow Band IoT Product Offerings
Table 35. Vodafone Group (UK) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 36. Emirates Telecommunications Corporation (UAE) Corporate Summary
Table 37. Emirates Telecommunications Corporation (UAE) Narrow Band IoT Product Offerings
Table 38. Emirates Telecommunications Corporation (UAE) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 39. Telecom Italia (Italy) Corporate Summary
Table 40. Telecom Italia (Italy) Narrow Band IoT Product Offerings
Table 41. Telecom Italia (Italy) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 42. Qualcomm (US) Corporate Summary
Table 43. Qualcomm (US) Narrow Band IoT Product Offerings
Table 44. Qualcomm (US) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 45. China Unicom (China) Corporate Summary
Table 46. China Unicom (China) Narrow Band IoT Product Offerings
Table 47. China Unicom (China) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 48. Intel Corporation (US) Corporate Summary
Table 49. Intel Corporation (US) Narrow Band IoT Product Offerings
Table 50. Intel Corporation (US) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 51. Ericsson (Sweden) Corporate Summary
Table 52. Ericsson (Sweden) Narrow Band IoT Product Offerings
Table 53. Ericsson (Sweden) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 54. Nokia Networks (Finland) Corporate Summary
Table 55. Nokia Networks (Finland) Narrow Band IoT Product Offerings
Table 56. Nokia Networks (Finland) Narrow Band IoT Revenue (US$, Mn), (2017-2022)
Table 57. Verizon Communication (US) Corporate Summary
Table 58. Verizon Communication (US) Narrow Band IoT Product Offerings
Table 59. Verizon Communication (US) Narrow Band IoT Revenue (US$, Mn), (2017-2022)

LIST OF FIGURES

Figure 1. Narrow Band IoT Segment by Type in 2021
Figure 2. Narrow Band IoT Segment by Application in 2021
Figure 3. Global Narrow Band IoT Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Narrow Band IoT Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Narrow Band IoT Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Narrow Band IoT Revenue in 2021
Figure 8. By Type - Global Narrow Band IoT Revenue Market Share, 2017-2028
Figure 9. By Application - Global Narrow Band IoT Revenue Market Share, 2017-2028
Figure 10. By Region - Global Narrow Band IoT Revenue Market Share, 2017-2028
Figure 11. By Country - North America Narrow Band IoT Revenue Market Share, 2017-2028
Figure 12. US Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Narrow Band IoT Revenue Market Share, 2017-2028
Figure 16. Germany Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 17. France Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Narrow Band IoT Revenue Market Share, 2017-2028
Figure 24. China Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 28. India Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Narrow Band IoT Revenue Market Share, 2017-2028
Figure 30. Brazil Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Narrow Band IoT Revenue Market Share, 2017-2028
Figure 33. Turkey Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Narrow Band IoT Revenue, (US$, Mn), 2017-2028
Figure 37. Huawei Technologies (China) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Vodafone Group (UK) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Emirates Telecommunications Corporation (UAE) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Telecom Italia (Italy) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Qualcomm (US) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. China Unicom (China) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Intel Corporation (US) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Ericsson (Sweden) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Nokia Networks (Finland) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Verizon Communication (US) Narrow Band IoT Revenue Year Over Year Growth (US$, Mn) & (2017-2022)



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