Growing demand for Low-Power Wide Area Network (LPWAN) use cases across verticals is expected to drive the overall market.
Asset tracking is expected to be the fastest growing market in the NB-IoT smart application market as wireless asset tracking, sensing, and control of products would provide a round-the-clock visibility concerning the whereabouts and state of assets in the supply chain.
Market Analysis and Insights: Global Narrowband IoT (NB-IoT) Market
The global Narrowband IoT (NB-IoT) market size is projected to reach US$ 219.7 million by 2026, from US$ 170 million in 2020, at a CAGR of 27.8%% during 2021-2026.
Global Narrowband IoT (NB-IoT) Scope and Market Size
Narrowband IoT (NB-IoT) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Narrowband IoT (NB-IoT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Vodafone
China Unicom
China Telecom
AT&T
Etisalat
Telstra
Orange
Telefonica
SK Telecom
Deutsche Telekom
Professional Services
Management Services
Agricultural
Logistics
Health Care
Industrial Production
Energy, Utilities
Retail
Other
North America
Europe
China
Japan
Southeast Asia
India
Asset tracking is expected to be the fastest growing market in the NB-IoT smart application market as wireless asset tracking, sensing, and control of products would provide a round-the-clock visibility concerning the whereabouts and state of assets in the supply chain.
Market Analysis and Insights: Global Narrowband IoT (NB-IoT) Market
The global Narrowband IoT (NB-IoT) market size is projected to reach US$ 219.7 million by 2026, from US$ 170 million in 2020, at a CAGR of 27.8%% during 2021-2026.
Global Narrowband IoT (NB-IoT) Scope and Market Size
Narrowband IoT (NB-IoT) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Narrowband IoT (NB-IoT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Vodafone
China Unicom
China Telecom
AT&T
Etisalat
Telstra
Orange
Telefonica
SK Telecom
Deutsche Telekom
Market segment by Type, the product can be split into
Professional Services
Management Services
Market segment by Application, split into
Agricultural
Logistics
Health Care
Industrial Production
Energy, Utilities
Retail
Other
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.