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NarrowBand-Internet of Things (NB-IoT) Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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NarrowBand-Internet of Things (NB-IoT) Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

NarrowBand-Internet of Things (NB-IoT) Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 08 Sep 2020
  • Report ID: ICT&S 0085
  • Pages:162
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

NarrowBand-Internet of Things (NB-IoT) is a standards-based low power wide area (LPWA) technology developed to provide a wide range of new IoT devices and services. NB-IoT aids in improving the power consumption of user devices, system capacity, and spectrum efficiency, especially in in-depth coverage. A wide range of use cases can support battery life of more than ten years. It also offers a number of security and privacy features of mobile networks, such as support for user identity confidentiality, entity authentication, data integrity, and mobile equipment identification. According to a study published by Insure Insights, the global NarrowBand-Internet of Things (NB-IoT) is anticipated to grow at a CAGR of 39.1% during the forecast period.

Top Driver: Development in the IoT Industry and Rising Demand for New Cellular Communication Technology

The NB-IoT market is expected to show notable growth due to significant development in the IoT industry and the rising demand for new cellular communication technology dedicated to IoT LPWA applications. The increasing demand for telematics, navigation, and in-car infotainment services in the automotive & transportation industry is also fueling the NB-IoT market. The added benefits of NB-IoT, such as low power consumption, low component cost, and excellent penetration coverage, also drive growth in the narrowband IoT market.

Security Solutions to Make Crucial Contribution to Growth of the Market

On the basis of type the market can be segmented into Security solutions, Asset tracking solutions, Logistics tracking solutions, Smart parking management solutions, Others. Security solution segment is expected to anticipate the market growth in the forecast period. On the basis of application the market is segmented into Smart metering, Smart buildings, Smart governance, Smart asset tracking.

Rising Adoption Of Smart Cities To Benefit Asia Pacific Market

The Asia Pacific region is anticipated to attain the highest revenue shares owing to the increase in the adoption of NB-IoT technology in multiple applications, such as smart meters, smart parking, smart streetlights, and healthcare. China is anticipated to gain higher revenue shares in the market among other APAC regions. The higher favorable government policies and a strong presence of NB-IoT chipsets, modules, and infrastructure providers would help the market gain significant growth in the region. The growing demand for IoT in major verticals, such as healthcare and utilities, would propel the industry’s growth.

Players to Focus on Narrow Band- Internet Of Things Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Huawei Technologies, Vodafone, Emirates Telecommunications, Telecom Italia, Qualcomm, China Unicom, Intel, Ericsson, Nokia Networks, Verizon Communication. among others could be at the forefront of the competition in the global market.

Huawei: In July 2016, Huawei launched an end-to-end narrowband “internet of things” solution with the aim of helping operators expand their IoT services. Huawei confirmed its new NB-IoT solution will be commercially available in September 2016, with plans to conduct a commercial trial in the last quarter of this year and release the solution for large-scale commercial use in late December.

Vodafone Business: In October 2018, Vodafone Business and AT&T had agreed on a roaming relationship that they say creates the largest narrowband IoT footprint in the world for global devices, allowing devices to roam between AT&T’s nationwide NB-IoT footprint in the U.S. and Vodafone’s networks in Germany, Spain, the U.K., Italy and the Netherlands.

Scope of the Report

By Type

  • Security solutions
  • Asset tracking solutions
  • Logistics tracking solutions
  • Smart parking management solutions
  • Others

By Application

  • Smart metering
  • Smart buildings
  • Smart governance
  • Smart asset tracking

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Narrow Band-Internet of Things Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Narrow Band-Internet of Things Market -Industry Snapshots

6.1             Overview

6.1.1          Global Narrow Band-Internet of Things Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Narrow Band-Internet of Things Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Narrow Band-Internet of Things Market- By Type

7.2.1          Narrow Band-Internet of Things Market- Security solutions

7.2.2          Narrow Band-Internet of Things Market- Asset tracking solutions

7.2.3          Narrow Band-Internet of Things Market- Logistics tracking solutions

7.2.4          Narrow Band-Internet of Things Market- Smart parking management solutions

7.2.5          Narrow Band-Internet of Things Market- Others

Chapter 8           Global Narrow Band-Internet of Things Market Analysis, by Applications

8.1             Overview

8.2             Key Findings for Narrow Band-Internet of Things Market- By Applications

8.2.1          Narrow Band-Internet of Things Market- Smart metering

8.2.2          Narrow Band-Internet of Things Market- Smart buildings

8.2.3          Narrow Band-Internet of Things Market- Smart governance

8.2.4          Narrow Band-Internet of Things Market- Smart asset tracking

Chapter 9           Narrow Band-Internet of Things Market Analysis by Region

9.1             Key Findings for Narrow Band-Internet of Things Market- By region

9.2             Overview

9.2.1          Global Narrow Band-Internet of Things Market Analysis, By Type, 2019 – 2028

9.2.2          Global Narrow Band-Internet of Things Market Analysis, By Applications, 2019 – 2028

9.3             Narrow Band-Internet of Things Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Applications

9.4             Narrow Band-Internet of Things Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Applications

9.5             Narrow Band-Internet of Things Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Applications

9.6             Narrow Band-Internet of Things Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Applications

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Huawei Technologies

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Vodafone

11.3           Emirates Telecommunications

11.4           Telecom Italia

11.5           Qualcomm

11.6           China Unicom

11.7           Intel

11.8           Ericsson

11.9           Nokia Networks

11.10        Verizon Communication

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

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