Press release
New Report: Global Narrowband-IoT Market 2021 Size, Growth Analysis Report, Forecast to 2027
The global Narrowband IoT (NB-IoT) market size was valued at USD 578 million in 2018 and is projected to grow at a CAGR of 34% from 2021 to 2027. Narrowband IoT (NB‑IoT) is a new wireless IoT communication technology. Limited bandwidth allows IoT devices to connect in larger areas and places that are difficult to access manually. The power-efficient NB-IoT module consumes minimal power for signal processing tasks, ensuring a long battery life of around 10 years.A full report of Narrowband-IoT Market available at https://www.orionmarketreports.com/narrowband-iot-market/41625/
Narrowband-IoT Market: Segmentation
By Component
• Network
• Module
By Deployment
• In-band
• Guard-band
• Standalone
By Device Type
• Alarm & Detector
• Smart Parking
• Smart Meter
• Smart Lighting
• Tracker
• Wearables
• Others
By End-Use
• Automotive
• Agriculture
• Infrastructure
• Healthcare
• Energy & Utilities
• Manufacturing
• Consumer Electronics
• Others
Major Players
• Huawei Technologies Co., Ltd
• Ericsson Corporation
• Qualcomm Technologies
• AT&T Inc
• Verizon Wireless
The report covers the following objectives:
• Proliferation and maturation of trade in the Narrowband-IoT Market.
• The market share of the Narrowband-IoT Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Narrowband-IoT Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Narrowband-IoT Market.
Key Questions Answered by Narrowband-IoT Market Report
• What was the Narrowband-IoT Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Narrowband-IoT Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Narrowband-IoT Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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