Narrowband-IoT Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2020–2030

The global Narrowband Internet of Things (NB-IoT) market size is expected to reach USD 21.78 Billion in 2030 and register a revenue CAGR of 35.1% during the forecast period.



Reports and Data has published a novel research report titled, “Global Narrowband-IoT Market-Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2030”. The report offers a comprehensive analysis of the Narrowband-IoT industry including recent development the market and emerging trends to help users, readers, and investors to understand market scenario and make investment plans accordingly. The report offers details about market size, market share, revenue growth, drivers, restraints, opportunities and challenges. The report is formulated through extensive research which is verified by experts in the industry.

Get a sample of the report @

Market Overview:

The global Narrowband-IoT market is expected to account for robust revenue share over the forecast period owing to factors such as rapidly evolving ICT sector, increasing deployment of ICT devices and services in commercial, industrial as well as residential settings, and high focus on developing advanced products. ICT services are significantly gaining traction in various sectors including agriculture, healthcare and pharmaceutical, IT, and BFSI. Other factors such as increasing adoption of cloud based services, rising concerns about data security and large data management, growing demand for smartphones, computers, laptops and rising disposable income are expected to fuel global market revenue growth during the forecast period.

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, company overview, product service portfolio, and revenue generation. The global Narrowband-IoT market is extremely competitive and consists of several key players at regional and global level. These players are focusing on various strategies such as investments in RD, new product launches, mergers and acquisitions, partnerships, joint ventures and collaborations to strengthen their market position.

Leading companies operating in the market are:

 Sony Semiconductor Israel Ltd., ATT Intellectual Property, Qualcomm Technologies, Inc., Huawei Technologies Co., Ltd., Intel Corporation, MediaTek Inc., Nokia, Telefonaktiebolaget LM Ericsson, Vodafone Group PLC, and SAMSUNG.

To know more about the report @

Global Narrowband-IoT Market Segmentation:

By Types:

Component Outlook (Revenue, USD Million; 2019–2030)

  • Network
  • Module

Device Outlook (Revenue, USD Million; 2019–2030)

  • Alarm Detector
  • Smart Parking
  • Smart Meter
  • Smart Lighting
  • Smart Appliances
  • Tracker
  • Wearables
  • Others

Deployment Mode Outlook (Revenue, USD Million; 2019–2030)

  • In-Band
  • Guard Band
  • Stand-Alone

End-Use Outlook (Revenue, USD Million; 2019–2030)

  • Automotive and Transportation
  • Agriculture
  • Energy Utilities
  • Healthcare
  • Infrastructure
  • Manufacturing
  • Safety Security
  • Consumer Electronics
  • Building Automation

Regional Outlook:

The report offers in depth analysis of leading regions categorized into North America, Europe, Asia Pacific, Latin America and Middle East Africa.

Regional Analysis covers:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • K.
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East Africa
    • Saudi Arabia
    • South Africa
    • A.E
    • Rest of MEA

Inquiry Before Buying the report @

Key questions addressed in the report:

  • What are the key outcomes of Porter’s Five Force analysis?
  • What CAGR is the global Narrowband-IoT market expected to register during the forecast period?
  • Who are the key players operating in the global Narrowband-IoT market?
  • What are the key factors that are expected to boost market growth between 2021 and 2030?
  • Which key factors are expected to hamper overall market growth?
  • What is the expected market size of Narrowband-IoT market between 2021 and 2030?

 Request a customization of the report @

Thank you for reading our post. Do contact know if you want to know more about report customization and customization feature and our team will provide you the best suited report.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W
Head of Business Development
Direct Line: +1-212-710-1370
Reports and Data | Web:
Check our upcoming research reports @
Visit our blog for more industry updates @