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.
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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.
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.
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Global Narrowband-IoT Market Segmentation:
Component Outlook (Revenue, USD Million; 2019–2030)
Device Outlook (Revenue, USD Million; 2019–2030)
- Alarm Detector
- Smart Parking
- Smart Meter
- Smart Lighting
- Smart Appliances
Deployment Mode Outlook (Revenue, USD Million; 2019–2030)
- Guard Band
End-Use Outlook (Revenue, USD Million; 2019–2030)
- Automotive and Transportation
- Energy Utilities
- Safety Security
- Consumer Electronics
- Building Automation
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
- Rest of EU
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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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?
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