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Global Narrowband IoT Market Size study & Forecast, by Component (Software, Services, Hardware), by Application (Smart Agriculture, Pollution Monitoring, Predictive Maintenance, Others) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: GB22AFC3F599EN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Narrowband IoT Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Narrowband IoT is a data transmission standard designed to enable devices to operate in mobile carrier networks. Low bandwidth signals are used by NB-IoT technology to communicate inside the framework of GSM and LTE. The fundamental elements of NB-IoT systems are specially constructed gadgets and sensors. These gadgets gather data about their environment and send it to NB-IoT base stations or transmission nodes. The increasing penetration of IoT connected devices and growing demand for in-car infotainment services are key factors driving the market growth.

The rising penetration of IoT connected devices is contributing towards the growth of the Global Narrowband IoT market. For instance – as per Statista – as of 2020, the total number of Internet of Things (IoT) devices worldwide were estimated at 9.7 billion in 2020, and as per projection the number of IoT devices would grow to 29 billion IoT devices in 2030. Also, growing investment in smart cities and smart buildings and rising need for connectivity in IoT applications would create lucrative growth prospectus for the market over the forecast period. However, the high deployment Cost of Narrowband IoT devices and availability of alternatives stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Narrowband IoT Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and rising adoption of NB IoT technology in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising investment in smart cities and growing employment of narrowband IoT technology in the region.

Major market player included in this report are:
El Huawei Technologies Co Limited
Qualcomm Technologies, Inc
Ericsson Corporation
Vodafone Group Plc
Nokia Corporation
SEQUINS Communications SA
Quectel Wireless Solutions Co., Ltd.
ZTE Corporation
Sierra Wireless
Intel Corporation.

Recent Developments in the Market:
In September 2019: DISH selects Ericsson for deployment of NB-IoT radio access and core network, including radiofrequency design.

In December 2020, BSNL in partnership with the Skylo announced the world’s first satellite based Narrow Band Internet of Things network in India. This partnership is intended to bring a breakthrough in satellite based narrowband internet of things technology.

Global Narrowband IoT Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component
Software
Services
Hardware
By Application
Smart Agriculture
Pollution Monitoring
Predictive Maintenance
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Narrowband IoT Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Narrowband IoT Market, by Component, 2019-2029 (USD Billion)
  1.2.3. Narrowband IoT Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL NARROWBAND IOT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL NARROWBAND IOT MARKET DYNAMICS

3.1. Narrowband IoT Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing penetration of IoT connected devices
    3.1.1.2. Growing demand for in-car infotainment services
  3.1.2. Market Challenges
    3.1.2.1. High deployment Cost of Narrowband IoT
    3.1.2.2. Availability of alternatives
  3.1.3. Market Opportunities
    3.1.3.1. Growing investment in smart cities and smart buildings
    3.1.3.2. Rising need for connectivity in IoT applications

CHAPTER 4. GLOBAL NARROWBAND IOT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL NARROWBAND IOT MARKET, BY COMPONENT

6.1. Market Snapshot
6.2. Global Narrowband IoT Market by Component, Performance - Potential Analysis
6.3. Global Narrowband IoT Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Narrowband IoT Market, Sub Segment Analysis
  6.4.1. Software
  6.4.2. Service
  6.4.3. Hardware

CHAPTER 7. GLOBAL NARROWBAND IOT MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Narrowband IoT Market by Application, Performance - Potential Analysis
7.3. Global Narrowband IoT Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Narrowband IoT Market, Sub Segment Analysis
  7.4.1. Smart Agriculture
  7.4.2. Pollution Monitoring
  7.4.3. Predictive Maintenance
  7.4.4. Others

CHAPTER 8. GLOBAL NARROWBAND IOT MARKET, REGIONAL ANALYSIS

8.1. Narrowband IoT Market, Regional Market Snapshot
8.2. North America Narrowband IoT Market
  8.2.1. U.S. Narrowband IoT Market
    8.2.1.1. Component breakdown estimates & forecasts, 2019-2029
    8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Narrowband IoT Market
8.3. Europe Narrowband IoT Market Snapshot
  8.3.1. U.K. Narrowband IoT Market
  8.3.2. Germany Narrowband IoT Market
  8.3.3. France Narrowband IoT Market
  8.3.4. Spain Narrowband IoT Market
  8.3.5. Italy Narrowband IoT Market
  8.3.6. Rest of Europe Narrowband IoT Market
8.4. Asia-Pacific Narrowband IoT Market Snapshot
  8.4.1. China Narrowband IoT Market
  8.4.2. India Narrowband IoT Market
  8.4.3. Japan Narrowband IoT Market
  8.4.4. Australia Narrowband IoT Market
  8.4.5. South Korea Narrowband IoT Market
  8.4.6. Rest of Asia Pacific Narrowband IoT Market
8.5. Latin America Narrowband IoT Market Snapshot
  8.5.1. Brazil Narrowband IoT Market
  8.5.2. Mexico Narrowband IoT Market
  8.5.3. Rest of Latin America Narrowband IoT Market
8.6. Rest of The World Narrowband IoT Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. El Huawei Technologies Co.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Qualcomm Technologies, Inc
  9.2.3. Ericsson Corporation
  9.2.4. Vodafone Group Plc
  9.2.5. Nokia Corporation
  9.2.6. SEQUINS Communications SA
  9.2.7. Quectel Wireless Solutions Co., Ltd.
  9.2.8. ZTE Corporation
  9.2.9. Sierra Wireless
  9.2.10. Intel Corporation.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Narrowband IoT Market, report scope
TABLE 2. Global Narrowband IoT Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Narrowband IoT Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Narrowband IoT Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Narrowband IoT Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Narrowband IoT Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Narrowband IoT Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Narrowband IoT Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Narrowband IoT Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Narrowband IoT Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Narrowband IoT Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Narrowband IoT Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Narrowband IoT Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Narrowband IoT Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Narrowband IoT Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Narrowband IoT Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Narrowband IoT Market
TABLE 70. List of primary sources, used in the study of global Narrowband IoT Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Narrowband IoT Market, research methodology
FIG 2. Global Narrowband IoT Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Narrowband IoT Market, key trends 2021
FIG 5. Global Narrowband IoT Market, growth prospects 2022-2029
FIG 6. Global Narrowband IoT Market, porters 5 force model
FIG 7. Global Narrowband IoT Market, pest analysis
FIG 8. Global Narrowband IoT Market, value chain analysis
FIG 9. Global Narrowband IoT Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Narrowband IoT Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Narrowband IoT Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Narrowband IoT Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Narrowband IoT Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Narrowband IoT Market, regional snapshot 2019 & 2029
FIG 15. North America Narrowband IoT Market 2019 & 2029 (USD Billion)
FIG 16. Europe Narrowband IoT Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Narrowband IoT Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Narrowband IoT Market 2019 & 2029 (USD Billion)
FIG 19. Global Narrowband IoT Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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