Narrowband IoT Enterprise Application Market 2021 Through SWOT Analysis with Leading Players-Vodafone Group PLC, AT&T Inc., Telstra Corporation Limited

Narrowband IoT Enterprise Application Market by Component, Application, Services, and Region- Forecast to 2025

The Global Narrowband IoT Enterprise Application Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Narrowband IoT Enterprise Application business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Narrowband IoT Enterprise Application worth chain and its wholesaler examination. Narrowband IoT Enterprise Application Market study gives extensive information which upgrades the agreement, degree, and use of this report.

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-Top Leading Companies of Narrowband IoT Enterprise Application Market are Vodafone Group PLC, AT&T Inc., Telstra Corporation Limited, Etisalat Group, Orange S.A., China Unicom Limited, Deutsche Telekom AG, SK Telecom Co. Ltd., China Telecom Corporation, Huawei Technologies Co. Ltd., Telefonica S.A. and others.

-Market Segmentation- Narrowband IoT Enterprise Application-

The NB-IoT Enterprise Application Market is expected to register a CAGR of 61.3% over the forecast period (2020 - 2025).

-Industry News And Updates on Narrowband IoT Enterprise Application Market-

North America Expected to Hold Significant Market Share

- North America is expected to hold a major market share for the NB-IoT application market owing to the early adoption of technologies such as IoT. Businesses in the US are investing billions into LTE network, smart cities projects such as Smart City Accelerator Program, also the presence of major players such as AT&T is able to generate significant revenue share from the region, which further aids to the growth of the market.

- Telecom operators initially deployed LTE-M networks in the region. In April 2019, AT&T, an American multinational telecom company, announced the launch of NarrowBand Internet of Things (NB-IoT) in the US. According to the company, the new network will be able to unlock the next wave of IoT connection, which will further showcase its major step towards 5G and massive IoT.

-Key Market Trends Narrowband IoT Enterprise Application Market-

Smart Metering Expected to Witness Significant Growth

- Smart metering is expected to witness significant growth for the NB-IoT application market. It is sub-segmented into smart water, smart gas, and smart electric. Smart meters are important elements for utility monitoring and billing and one of the main components of the smart cities. They ensure the most accurate energy bills. Smart metering is further expected to see NB-IoT being integrated into a broader set of products in the coming years, including home appliances, door locks, and smoke detectors.

- Deployment of smart metering systems provides solutions to curb energy wastage in the industry. Implementation of smart metering systems enables energy suppliers to continuously monitor electricity usage by employing smart meter systems at multiple points in the grid.

-Competitive Landscape On Narrowband IoT Enterprise Application Market-

April 2020 - Deutsche Telekom signed its first NB-IoT roaming agreements with partners, including Vodafone, Swisscom, and Telia Company, which will be followed by a complete EU roaming footprint before the end of the year.

- June 2019 - Huawei Technologies Co., Ltd partnered with Nowi Energy B.V in order to leverage its flagship NB-IoT device Soc with the Nowi' energy harvesting PMIC which will further drive new IoT applications requiring an ultra-low-power autonomous operation. The company will also deploy its Boudica V150 development board with integrated V150 NB-IoT SoC and battery charging circuity based on NOWI's NW-A2.3 PMIC Energy Harvesting device in order to counter the power bottleneck in many IoT applications.-Browse Full Report at:

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