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Global Narrowband IoT Market Research Report 2025

Global Narrowband IoT Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1805863

No of Pages : 85

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Narrowband IoT (NB-IoT) is a Low Power Wide Area Network (LPWAN) radio technology standard developed by 3GPP to enable a wide range of cellular devices and Services.

Global Narrowband IoT market is projected to reach US$ 1326.1 million in 2029, increasing from US$ 246.5 million in 2022, with the CAGR of 26.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Narrowband IoT market research.

NB-IoT focuses specifically on indoor coverage, low cost, long battery life, and high connection density. NB-IoT uses a subset of the LTE standard, but limits the bandwidth to a single narrow-band of 200kHz. It uses OFDM modulation for downlink communication and SC-FDMA for uplink communications.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Narrowband IoT market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

By Company (Partial List)

  •     Huawei Technologies
  •     Vodafone
  •     Emirates Telecommunications
  •     Telecom Italia
  •     Qualcomm
  •     China Unicom
  •     Intel
  •     Ericsson
  •     Nokia Networks
  •     Verizon Communication

Segment by Type
   

   by Transmission Distance

  •         Short-range Communication
  •         Low Power Wide Area Network

    by Deployment Method

  •         Stand Alone
  •         Guard Band
  •         In Band

Segment by Application

  •     Smart Governance
  •     Smart Metering
  •     Smart Buildings
  •     Smart Asset Tracking
  •     Others

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil,Turkey, GCC Countries)

The Narrowband IoT report covers below items:

Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source

 1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Transmission Distance
        1.2.1 Global Narrowband IoT Market Size Growth Rate by Transmission Distance: 2018 VS 2022 VS 2029
        1.2.2 Short-range Communication
        1.2.3 Low Power Wide Area Network
    1.3 Market by Application
        1.3.1 Global Narrowband IoT Market Growth by Application: 2018 VS 2022 VS 2029
        1.3.2 Smart Governance
        1.3.3 Smart Metering
        1.3.4 Smart Buildings
        1.3.5 Smart Asset Tracking
        1.3.6 Others
    1.4 Study Objectives
    1.5 Years Considered
    1.6 Years Considered

 2 Global Growth Trends
    2.1 Global Narrowband IoT Market Perspective (2018-2029)
    2.2 Narrowband IoT Growth Trends by Region
        2.2.1 Global Narrowband IoT Market Size by Region: 2018 VS 2022 VS 2029
        2.2.2 Narrowband IoT Historic Market Size by Region (2018-2023)
        2.2.3 Narrowband IoT Forecasted Market Size by Region (2024-2029)
    2.3 Narrowband IoT Market Dynamics
        2.3.1 Narrowband IoT Industry Trends
        2.3.2 Narrowband IoT Market Drivers
        2.3.3 Narrowband IoT Market Challenges
        2.3.4 Narrowband IoT Market Restraints

 3 Competition Landscape by Key Players
    3.1 Global Top Narrowband IoT Players by Revenue
        3.1.1 Global Top Narrowband IoT Players by Revenue (2018-2023)
        3.1.2 Global Narrowband IoT Revenue Market Share by Players (2018-2023)
    3.2 Global Narrowband IoT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Narrowband IoT Revenue
    3.4 Global Narrowband IoT Market Concentration Ratio
        3.4.1 Global Narrowband IoT Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Narrowband IoT Revenue in 2022
    3.5 Narrowband IoT Key Players Head office and Area Served
    3.6 Key Players Narrowband IoT Product Solution and Service
    3.7 Date of Enter into Narrowband IoT Market
    3.8 Mergers & Acquisitions, Expansion Plans

 4 Narrowband IoT Breakdown Data by Type
    4.1 Global Narrowband IoT Historic Market Size by Type (2018-2023)
    4.2 Global Narrowband IoT Forecasted Market Size by Type (2024-2029)

 5 Narrowband IoT Breakdown Data by Application
    5.1 Global Narrowband IoT Historic Market Size by Application (2018-2023)
    5.2 Global Narrowband IoT Forecasted Market Size by Application (2024-2029)

 6 North America
    6.1 North America Narrowband IoT Market Size (2018-2029)
    6.2 North America Narrowband IoT Market Growth Rate by Country: 2018 VS 2022 VS 2029
    6.3 North America Narrowband IoT Market Size by Country (2018-2023)
    6.4 North America Narrowband IoT Market Size by Country (2024-2029)
    6.5 United States
    6.6 Canada

 7 Europe
    7.1 Europe Narrowband IoT Market Size (2018-2029)
    7.2 Europe Narrowband IoT Market Growth Rate by Country: 2018 VS 2022 VS 2029
    7.3 Europe Narrowband IoT Market Size by Country (2018-2023)
    7.4 Europe Narrowband IoT Market Size by Country (2024-2029)
    7.5 Germany
    7.6 France
    7.7 U.K.
    7.8 Italy
    7.9 Russia
    7.10 Nordic Countries

 8 Asia-Pacific
    8.1 Asia-Pacific Narrowband IoT Market Size (2018-2029)
    8.2 Asia-Pacific Narrowband IoT Market Growth Rate by Region: 2018 VS 2022 VS 2029
    8.3 Asia-Pacific Narrowband IoT Market Size by Region (2018-2023)
    8.4 Asia-Pacific Narrowband IoT Market Size by Region (2024-2029)
    8.5 China
    8.6 Japan
    8.7 South Korea
    8.8 Southeast Asia
    8.9 India
    8.10 Australia

 9 Latin America
    9.1 Latin America Narrowband IoT Market Size (2018-2029)
    9.2 Latin America Narrowband IoT Market Growth Rate by Country: 2018 VS 2022 VS 2029
    9.3 Latin America Narrowband IoT Market Size by Country (2018-2023)
    9.4 Latin America Narrowband IoT Market Size by Country (2024-2029)
    9.5 Mexico
    9.6 Brazil

 10 Middle East & Africa
    10.1 Middle East & Africa Narrowband IoT Market Size (2018-2029)
    10.2 Middle East & Africa Narrowband IoT Market Growth Rate by Country: 2018 VS 2022 VS 2029
    10.3 Middle East & Africa Narrowband IoT Market Size by Country (2018-2023)
    10.4 Middle East & Africa Narrowband IoT Market Size by Country (2024-2029)
    10.5 Turkey
    10.6 Saudi Arabia
    10.7 UAE

 11 Key Players Profiles
    11.1 Huawei Technologies
        11.1.1 Huawei Technologies Company Detail
        11.1.2 Huawei Technologies Business Overview
        11.1.3 Huawei Technologies Narrowband IoT Introduction
        11.1.4 Huawei Technologies Revenue in Narrowband IoT Business (2018-2023)
        11.1.5 Huawei Technologies Recent Development
    11.2 Vodafone
        11.2.1 Vodafone Company Detail
        11.2.2 Vodafone Business Overview
        11.2.3 Vodafone Narrowband IoT Introduction
        11.2.4 Vodafone Revenue in Narrowband IoT Business (2018-2023)
        11.2.5 Vodafone Recent Development
    11.3 Emirates Telecommunications
        11.3.1 Emirates Telecommunications Company Detail
        11.3.2 Emirates Telecommunications Business Overview
        11.3.3 Emirates Telecommunications Narrowband IoT Introduction
        11.3.4 Emirates Telecommunications Revenue in Narrowband IoT Business (2018-2023)
        11.3.5 Emirates Telecommunications Recent Development
    11.4 Telecom Italia
        11.4.1 Telecom Italia Company Detail
        11.4.2 Telecom Italia Business Overview
        11.4.3 Telecom Italia Narrowband IoT Introduction
        11.4.4 Telecom Italia Revenue in Narrowband IoT Business (2018-2023)
        11.4.5 Telecom Italia Recent Development
    11.5 Qualcomm
        11.5.1 Qualcomm Company Detail
        11.5.2 Qualcomm Business Overview
        11.5.3 Qualcomm Narrowband IoT Introduction
        11.5.4 Qualcomm Revenue in Narrowband IoT Business (2018-2023)
        11.5.5 Qualcomm Recent Development
    11.6 China Unicom
        11.6.1 China Unicom Company Detail
        11.6.2 China Unicom Business Overview
        11.6.3 China Unicom Narrowband IoT Introduction
        11.6.4 China Unicom Revenue in Narrowband IoT Business (2018-2023)
        11.6.5 China Unicom Recent Development
    11.7 Intel
        11.7.1 Intel Company Detail
        11.7.2 Intel Business Overview
        11.7.3 Intel Narrowband IoT Introduction
        11.7.4 Intel Revenue in Narrowband IoT Business (2018-2023)
        11.7.5 Intel Recent Development
    11.8 Ericsson
        11.8.1 Ericsson Company Detail
        11.8.2 Ericsson Business Overview
        11.8.3 Ericsson Narrowband IoT Introduction
        11.8.4 Ericsson Revenue in Narrowband IoT Business (2018-2023)
        11.8.5 Ericsson Recent Development
    11.9 Nokia Networks
        11.9.1 Nokia Networks Company Detail
        11.9.2 Nokia Networks Business Overview
        11.9.3 Nokia Networks Narrowband IoT Introduction
        11.9.4 Nokia Networks Revenue in Narrowband IoT Business (2018-2023)
        11.9.5 Nokia Networks Recent Development
    11.10 Verizon Communication
        11.10.1 Verizon Communication Company Detail
        11.10.2 Verizon Communication Business Overview
        11.10.3 Verizon Communication Narrowband IoT Introduction
        11.10.4 Verizon Communication Revenue in Narrowband IoT Business (2018-2023)
        11.10.5 Verizon Communication Recent Development

 12 Analyst's Viewpoints/Conclusions

 13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

Published By : QY Research

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