Narrowband IoT Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The Narrowband IoT Market size is expected to grow at an annual average of 90% during 2021-2027. Narrowband Internet of Things (NB-IoT) is a low-power wide area (LPWA) technology developed to enable a wide range of new IoT devices and services for consumers. NB-IoT significantly improves the device’s power consumption, system capacity and spectral efficiency, especially in deep coverage. Narrowband IoT is supported by all major mobile equipment, chipset and module manufacturers. NB-IoT can coexist with 2G, 3G and 4G mobile networks.

The following segmentation are covered in this report:

By Technology Service

• Managed
• Professional

By Application Software

• Security solutions
• Real Time Streaming Analytics
• Soil monitoring solutions
• Asset tracking solutions
• Logistics tracking solutions
• Smart Parking Management Solutions
• Others

Company Profile

• Huawei Technologies Co., Ltd
• Ericsson Corporation
• Qualcomm Technologies
• AT&T Inc
• Verizon Wireless
• Nokia Corporation

Scope of the report

The research study analyses the Narrowband IoT Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Narrowband IoT Market Report

• What was the Narrowband IoT Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of 90% Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Narrowband IoT Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.