Narrowband-Internet of Things (NB-IoT) Market by End-user, Application, and Geography - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 171 SKU: IRTNTR75341

The narrowband-internet of things (NB-IoT) market size is estimated to grow at a CAGR of 31.01% between 2022 and 2027. The market size is forecast to increase by USD 1,841.04 million. The growth of the market depends on several factors, including the increasing adoption of smart city initiatives and connected devices, the growing demand for industrial automation and the Industrial Internet of Things (IIoT), and the deployment of NB-IoT networks by telecom operators.

This narrowband-internet of things (NB-IoT) market report extensively covers market segmentation by end-user (automotive, energy and utilities, healthcare, agriculture, and others), application (smart meters, smart parking, trackers, alarms and detectors, and wearable devices), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Narrowband-Internet Of Things (NB-IoT) Market During the Forecast Period?

To learn more about this report, View Report Sample

Narrowband-Internet Of Things (NB-IoT) Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing adoption of smart city initiatives and connected devices is notably driving the market growth, although factors such as the lack of standardization and interoperability among various IoT technologies and platforms may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Narrowband-Internet Of Things (NB-IoT) Market Driver

The increasing adoption of smart city initiatives and connected devices is notably driving the narrowband-Internet of Things market growth. The market is heavily influenced by the increasing number of smart city initiatives and connected devices across the globe. As more cities around the world work to become smarter and more sustainable, there is a rapid demand for IoT systems that can monitor and manage many parts of urban infrastructure, such as transportation, electricity, and garbage collection and disposal.

NB-IoT technology is particularly well suited for these applications because it provides low-power wide area (LPWA) connectivity that allows devices to run on battery power for years without frequent maintenance. This makes it ideal for applications such as smart parking, environmental monitoring, and asset tracking, which are key parts of smart city programs. As more and more cities adopt smart technologies and IoT-connected devices, the NB-IoT market is expected to witness significant growth during the forecast period.

Significant Narrowband-Internet Of Things (NB-IoT) Market Trends

The rising demand for edge computing and artificial intelligence (AI) in IoT applications is a critical trend shaping the narrowband-Internet of Things market. The global NB-IoT market is experiencing significant growth due to the growing need for edge computing and AI in IoT applications. Edge computing reduces latency and improves the ability to make real-time decisions by processing data locally rather than sending it to a central data center or cloud. Automation and predictive maintenance for industrial IoT applications are enabled by AI algorithms that can be installed at the edge to analyze data and provide actionable insights.

NB-IoT Chipsets Integrating edge computing and AI into networks is expected to improve the effectiveness, security, and reliability of IoT systems, driving demand for NB-IoT chipsets and related devices. As a result of this development, NB-IoT chipset manufacturers will also be able to take advantage of new opportunities to deliver enhanced processing and analytics at the edge. Hence, these factors are driving the growth of the narrowband-internet of things market during the forecast period.

Major Narrowband-Internet Of Things (NB-IoT) Market Challenge

The lack of standardization and interoperability among various IoT technologies and platforms may impede the growth of the narrowband-Internet of Things market during the forecast period. The global NB-IoT market faces challenges due to the lack of standardization and interoperability across various IoT technologies and platforms. This is because IoT systems require complex networks of devices, sensors, and apps to communicate effectively with each other. However, the lack of globally recognized standards for IoT connectivity and interoperability has created fragmentation and concerns about compatibility and interoperability across various platforms and devices.

This slows down the development of new IoT solutions and creates significant barriers to their adoption. Additionally, the lack of standards and interoperability can create security gaps and make it difficult for an organization to integrate IoT systems into the current infrastructure. Therefore, this challenge is expected to hamper the growth of the global NB-IoT chipset market during the forecast period.

Key Narrowband-Internet Of Things (NB-IoT) Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Narrowband-Internet of Things (NB-IoT) Market Customer Landscape

Who are the Major Narrowband-Internet of Things (NB-IoT) Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

China Telecom Global Ltd.: The company offers various products and services including networking solutions, internet products, and integrated communication technologies to multinational businesses, telecommunication service providers, and others globally. The company also offers narrowband internet of things for B2B applications.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Beacon Tower
  • Deutsche Telekom AG
  • GSM Association
  • Huawei Technologies Co. Ltd.
  • MediaTek Inc.
  • Nokia Corp.
  • Nordic Semiconductor ASA
  • Qualcomm Inc.
  • Quectel Wireless Solutions Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Semtech Corp.
  • Sequans Communications SA
  • Smart Scandinavian Box AB
  • Sony Group Corp.
  • Telefonaktiebolaget LM Ericsson
  • Telia Co. AB
  • u blox AG
  • Vodafone Group Plc
  • ZTE Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Narrowband-Internet Of Things (NB-IoT) Market?

The market share growth by the automotive segment will be significant during the forecast period. The healthcare industry is one of the key end-user industries driving the expansion of the global NB-IoT market. NB-IoT technology enables healthcare professionals to remotely manage and monitor patient health, reducing the need for in-person visits and increasing healthcare service efficiency.

Get a glance at the market contribution of various segments View the PDF Sample

The automotive segment was valued at USD 63.50 million in 2017 and continued to grow until 2021. The NB-IoT chipset market in healthcare is expected to grow due to the increasing prevalence of chronic diseases and the growing geriatric population, which will increase the demand for monitoring devices. The COVID-19 pandemic has also spurred the adoption of telemedicine services, such as telehealth, opening up new potential for companies producing NB-IoT chipsets for the healthcare industry. Overall, the healthcare segment of the global NB-IoT chipset market is expected to grow significantly during the forecast period.

Which are the Key Regions for the Narrowband-Internet Of Things (NB-IoT) Market?

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The desire for low-power WAN technologies that enable many IoT applications, such as smart cities, smart homes, and industrial automation, is responsible for the growth of the regional market. The market growth is also accelerated by the increasing deployment of NB-IoT chipset technologies in many industries, including healthcare, logistics, and retail.

During the forecast period, the NB-IoT market in North America will grow thanks to the existence of prominent players in the region. However, the development of NB-IoT chipset infrastructure comes with high initial investment costs, which may limit the growth of the NB-IoT market in North America to some extent during the forecast period.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The COVID-19 pandemic adversely affected the narrowband-internet of things (NB-IoT) market in North America in 2020 due to supply chain disruptions, reduced demand, and uncertain economic conditions. However, the implementation of large-scale COVID-19 vaccination programs and the gradual resumption of economic activities have helped the regional market to recover and grow. The increasing number of smart city initiatives, growing demand for industrial automation, and deployment of All NB-IoT chipset networks by telecom operators will contribute to the growth of the NB-IoT market in North America during the forecast period.

Segment Overview

The narrowband-internet of things (NB-IoT) market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Automotive
    • Energy and utilities
    • Healthcare
    • Agriculture
    • Others
  • Application Outlook (USD Million, 2017 - 2027)
    • Smart meters
    • Smart parking
    • Trackers
    • Alarms and detectors
    • Wearable devices
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Parent Market Analysis

Technavio categorizes the global narrowband Internet of Things (NB-IoT) chipset market as a part of the global technology hardware, storage, and peripherals market within the overall global information technology market. The parent global technology hardware, storage, and peripherals market covers manufacturers of cellular phones, personal computers, servers, electronic computer components, and peripherals. It also includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

 

Narrowband-Internet Of Things (NB-IoT) Market Scope

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 31.01%

Market growth 2023-2027

USD 1,841.04 million

Market structure

Fragmented

YoY growth 2022-2023(%)

30.64

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 29%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Beacon Tower, China Telecom Global Ltd., Deutsche Telekom AG, GSM Association, Huawei Technologies Co. Ltd., MediaTek Inc., Nokia Corp., Nordic Semiconductor ASA, Qualcomm Inc., Quectel Wireless Solutions Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Sequans Communications SA, Smart Scandinavian Box AB, Sony Group Corp., Telefonaktiebolaget LM Ericsson, Telia Co. AB, u blox AG, Vodafone Group Plc, and ZTE Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Narrowband-Internet Of Things (NB-IoT) Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global narrowband-internet of things (NB-IoT) chipset market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global narrowband-internet of things (nb-iot) chipset market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.4 Energy and utilities - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Energy and utilities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Energy and utilities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Energy and utilities - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Energy and utilities - Year-over-year growth 2022-2027 (%)
    • 6.5 Healthcare - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.6 Agriculture - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 56: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 58: Chart on Comparison by Application
      • Exhibit 59: Data Table on Comparison by Application
    • 7.3 Smart meters - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Smart meters - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Smart meters - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Smart meters - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Smart meters - Year-over-year growth 2022-2027 (%)
    • 7.4 Smart parking - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Smart parking - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Smart parking - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Smart parking - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Smart parking - Year-over-year growth 2022-2027 (%)
    • 7.5 Trackers - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Trackers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Trackers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Trackers - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Trackers - Year-over-year growth 2022-2027 (%)
    • 7.6 Alarms and detectors - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Alarms and detectors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Alarms and detectors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Alarms and detectors - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Alarms and detectors - Year-over-year growth 2022-2027 (%)
    • 7.7 Wearable devices - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Wearable devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Data Table on Wearable devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Chart on Wearable devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Wearable devices - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 80: Market opportunity by Application ($ million)
      • Exhibit 81: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 95: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 123: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 124: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 125: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 127: Market opportunity by geography ($ million)
      • Exhibit 128: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 12.3 China Telecom Global Ltd.
              • Exhibit 135: China Telecom Global Ltd. - Overview
              • Exhibit 136: China Telecom Global Ltd. - Product / Service
              • Exhibit 137: China Telecom Global Ltd. - Key offerings
            • 12.4 Deutsche Telekom AG
              • Exhibit 138: Deutsche Telekom AG - Overview
              • Exhibit 139: Deutsche Telekom AG - Business segments
              • Exhibit 140: Deutsche Telekom AG - Key offerings
              • Exhibit 141: Deutsche Telekom AG - Segment focus
            • 12.5 GSM Association
              • Exhibit 142: GSM Association - Overview
              • Exhibit 143: GSM Association - Product / Service
              • Exhibit 144: GSM Association - Key offerings
            • 12.6 Huawei Technologies Co. Ltd.
              • Exhibit 145: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 146: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 147: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 148: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 149: Huawei Technologies Co. Ltd. - Segment focus
            • 12.7 MediaTek Inc.
              • Exhibit 150: MediaTek Inc. - Overview
              • Exhibit 151: MediaTek Inc. - Product / Service
              • Exhibit 152: MediaTek Inc. - Key news
              • Exhibit 153: MediaTek Inc. - Key offerings
            • 12.8 Nokia Corp.
              • Exhibit 154: Nokia Corp. - Overview
              • Exhibit 155: Nokia Corp. - Business segments
              • Exhibit 156: Nokia Corp. - Key offerings
              • Exhibit 157: Nokia Corp. - Segment focus
            • 12.9 Qualcomm Inc.
              • Exhibit 158: Qualcomm Inc. - Overview
              • Exhibit 159: Qualcomm Inc. - Business segments
              • Exhibit 160: Qualcomm Inc. - Key news
              • Exhibit 161: Qualcomm Inc. - Key offerings
              • Exhibit 162: Qualcomm Inc. - Segment focus
            • 12.10 Quectel Wireless Solutions Co. Ltd.
              • Exhibit 163: Quectel Wireless Solutions Co. Ltd. - Overview
              • Exhibit 164: Quectel Wireless Solutions Co. Ltd. - Product / Service
              • Exhibit 165: Quectel Wireless Solutions Co. Ltd. - Key offerings
            • 12.11 Semtech Corp.
              • Exhibit 166: Semtech Corp. - Overview
              • Exhibit 167: Semtech Corp. - Business segments
              • Exhibit 168: Semtech Corp. - Key news
              • Exhibit 169: Semtech Corp. - Key offerings
              • Exhibit 170: Semtech Corp. - Segment focus
            • 12.12 Sequans Communications SA
              • Exhibit 171: Sequans Communications SA - Overview
              • Exhibit 172: Sequans Communications SA - Product / Service
              • Exhibit 173: Sequans Communications SA - Key offerings
            • 12.13 Sony Group Corp.
              • Exhibit 174: Sony Group Corp. - Overview
              • Exhibit 175: Sony Group Corp. - Business segments
              • Exhibit 176: Sony Group Corp. - Key news
              • Exhibit 177: Sony Group Corp. - Key offerings
              • Exhibit 178: Sony Group Corp. - Segment focus
            • 12.14 Telefonaktiebolaget LM Ericsson
              • Exhibit 179: Telefonaktiebolaget LM Ericsson - Overview
              • Exhibit 180: Telefonaktiebolaget LM Ericsson - Business segments
              • Exhibit 181: Telefonaktiebolaget LM Ericsson - Key news
              • Exhibit 182: Telefonaktiebolaget LM Ericsson - Key offerings
              • Exhibit 183: Telefonaktiebolaget LM Ericsson - Segment focus
            • 12.15 u blox AG
              • Exhibit 184: u blox AG - Overview
              • Exhibit 185: u blox AG - Business segments
              • Exhibit 186: u blox AG - Key offerings
              • Exhibit 187: u blox AG - Segment focus
            • 12.16 Vodafone Group Plc
              • Exhibit 188: Vodafone Group Plc - Overview
              • Exhibit 189: Vodafone Group Plc - Business segments
              • Exhibit 190: Vodafone Group Plc - Key offerings
              • Exhibit 191: Vodafone Group Plc - Segment focus
            • 12.17 ZTE Corp.
              • Exhibit 192: ZTE Corp. - Overview
              • Exhibit 193: ZTE Corp. - Business segments
              • Exhibit 194: ZTE Corp. - Key news
              • Exhibit 195: ZTE Corp. - Key offerings
              • Exhibit 196: ZTE Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 197: Inclusions checklist
                • Exhibit 198: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 199: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 200: Research methodology
                • Exhibit 201: Validation techniques employed for market sizing
                • Exhibit 202: Information sources
              • 13.5 List of abbreviations
                • Exhibit 203: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                PURCHASE FULL REPORT OF

                narrowband-internet of things (nb-iot) market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

                Why should you prefer Technavio's market insights report?

                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis