Narrowband-Internet of Things (NB-IoT) Market to grow by USD 1,841.04 million from 2022 to 2027|Market driven by the increasing adoption of smart city initiatives and connected devices – Technavio

Press Releases

Aug 01, 2023

NEW YORK, July 31, 2023 /PRNewswire/ — The narrowband-internet of things (NB-IoT) market is set to grow by USD 1,841.04 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 31.01% during the forecast period, according to Technavio. The narrowband-internet of things (NB-IoT) market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. 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. are some of the major market participants -. To know about the vendor offerings – Request a sample report

Narrowband-Internet of Things (NB-IoT) Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The narrowband-internet of things (NB-IoT) market report covers the following areas:

The narrowband-internet of things (NB-IoT) market is fragmented, and the degree of fragmentation will accelerate. The increasing adoption of smart city initiatives and connected devices will offer immense growth opportunities. However, the Lack of standardization and interoperability among various IoT technologies and platforms will hamper the market growth.

Narrowband-Internet of Things (NB-IoT) Market 2023-2027: Drivers & Challenges

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

The increasing adoption of smart city initiatives and connected devices is notably driving market growth. The increasing number of smart city initiatives and connected devices worldwide heavily influence the market. As cities aim to become smarter and more sustainable, there is a growing demand for IoT systems that can monitor and manage various urban infrastructure aspects like transportation, electricity, and waste disposal. NB-IoT technology is well-suited for these applications due to its low-power wide area (LPWA) connectivity, enabling devices to operate on battery power for extended periods without frequent maintenance. This makes it ideal for smart parking, environmental monitoring, and asset tracking, which are crucial components of smart city programs. With more cities embracing smart technologies and IoT-connected devices, the NB-IoT market is expected to experience 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 an emerging trend shaping market growth. The significant growth of the global NB-IoT market is attributed to the increasing demand for edge computing and AI in IoT applications. Edge computing reduces latency and enables real-time decision-making by processing data locally instead of sending it to centralized data centers or the cloud. Integration of AI algorithms at the edge allows automation and predictive maintenance for industrial IoT applications, providing actionable insights from data analysis. This trend is driving the demand for NB-IoT chipsets and related devices as they enable more effective, secure, and reliable IoT systems. As a result, NB-IoT chipset manufacturers have new opportunities to deliver enhanced processing and analytics at the edge, contributing to the market’s growth 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 hinder market growth. The global NB-IoT market encounters challenges arising from the absence of standardization and interoperability among different IoT technologies and platforms. This issue stems from the complexity of IoT systems, where various devices, sensors, and apps must communicate effectively. The lack of globally recognized standards for IoT connectivity and interoperability results in fragmentation, raising concerns about compatibility across platforms and devices. This fragmentation slows down the development of new IoT solutions and creates barriers to their adoption. Moreover, the absence of standards and interoperability can lead to security vulnerabilities and difficulties in integrating IoT systems into existing infrastructures. As a result, this challenge is expected to impede the growth of the global NB-IoT chipset market during the forecast period.

To learn more about the global trends impacting the future of market research, download a PDF sample

Narrowband-Internet of Things (NB-IoT) Market 2023-2027: Segment Analysis

  • End-user 
    • Automotive
    • Energy And Utilities
    • Healthcare
    • Agriculture
    • Others
  • Application 
    • Smart Meters
    • Smart Parking
    • Trackers
    • Alarms And Detectors
    • Wearable Devices
  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Narrowband-Internet of Things (NB-IoT) Market 2023-2027: Segmentation Highlights

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).

  • The market share growth by the automotive segment will be significant during the forecast period. The healthcare industry is a major driver of the global NB-IoT market’s expansion. NB-IoT technology empowers healthcare professionals to remotely manage and monitor patient health, enhancing healthcare service efficiency and reducing the need for in-person visits. The healthcare sector’s NB-IoT chipset market is expected to grow due to the rising prevalence of chronic diseases and the increasing elderly population, leading to higher demand for monitoring devices. The COVID-19 pandemic has also accelerated the adoption of telemedicine services, including telehealth, creating new opportunities for companies producing NB-IoT chipsets for the healthcare sector. Consequently, the healthcare segment of the global NB-IoT chipset market is projected to experience significant growth during the forecast period.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report

Narrowband-Internet of Things (NB-IoT) Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist narrowband-internet of things (NB-IoT) market growth during the next five years
  • Estimation of the narrowband-internet of things (NB-IoT) market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behaviour
  • The growth of the narrowband-internet of things (NB-IoT) market across North America, Europe, APAC, South America, and the Middle East and Africa
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of narrowband-internet of things (NB-IoT) market vendors

Get Instant access to 17000+ market research report

 Technavio’s Subscription Platform

Related Reports:

The Internet Of Things Security Market size is estimated to grow by USD 114.33 billion between 2022 and 2027 accelerating at a CAGR of 30.44% during the forecast period. This report extensively covers market segmentation by end-user (industrial sector, commercial sector, and consumer sector), deployment (on-premises and cloud), and geography (North America, Europe, APAC, Middle East and Africa, and South America). One of the key factors driving the IoT security market growth is the exponential growth of Internet-connected and operated devices.

The industrial Internet of Things (IoT) market is estimated to grow at a CAGR of 12.23% between 2022 and 2027. The size of the market is forecast to increase by USD 123.98 billion. This report extensively covers market segmentation by end-user (manufacturing, automotive and transportation, energy and utilities, healthcare, and others), component (hardware, software, and services), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The growing importance of data-driven business outcomes in the industrial sector is notably driving the market growth. 

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

Report Coverage

Details

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 the 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, 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.

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.

Table of contents

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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/narrowband-internet-of-things-nb-iot-market-to-grow-by-usd-1-841-04-million-from-2022-to-2027market-driven-by-the-increasing-adoption-of-smart-city-initiatives-and-connected-devices—technavio-301888555.html

SOURCE Technavio

YOU MAY ALSO LIKE

CompTIA Spark introduces free high-quality technology curriculum…

NEW YORK, July 31, 2023 /PRNewswire/ -- The narrowband-internet of things (NB-IoT) market is set to grow by USD 1,841.04 million from 2022 to 2027. However, the…

read more

FAU Awarded $10M to Train People with…

NEW YORK, July 31, 2023 /PRNewswire/ -- The narrowband-internet of things (NB-IoT) market is set to grow by USD 1,841.04 million from 2022 to 2027. However, the…

read more

Lorex Introduces New 2K Dual-Lens Indoor Pan-Tilt…

NEW YORK, July 31, 2023 /PRNewswire/ -- The narrowband-internet of things (NB-IoT) market is set to grow by USD 1,841.04 million from 2022 to 2027. However, the…

read more