US Narrow Band (NB)-IoT Market, Size, Share, Analysis Report & Forecast to 2026

The US NB-IoT market is estimated to grow at a CAGR of around 35.3% during the forecast period. The growing internet penetration in the country, large adoption of high network technologies and smartphones are some major factors that have been driving the market growth. Strategic investments and technological breakthroughs in the US have driven the US NB-IoT market to the vanguard of wireless broadband services. The significant development in electronic devices, adoption of cloud technology and amalgamation of IoT devices further boost the NB-IoT market. Moreover, the Government along with IT giants explores new offerings in the development of ‘Smart City’. For instance, the City of San Jose, CA in collaboration with Intel Corp., has announced to implement Intel’s IoT Smart City Demonstration platform to further support the City’s Green Vision initiative.

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The US market for NB-IoT is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into guard band, in-band, and standalone. The guard band segment is projected to have a considerable growth in the US market owing significant deployment of guard band networks in the enterprises. Based on the Industry, the US NB-IoT market is further segmented into logistics & transportation, energy & utilities, agriculture, industrial manufacturing, healthcare, and others. The industrial segment estimated to have a considerable growth in the market owing to the growing adoption of automation and IoT solutions in the manufacturing industry.

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The companies which are contributing to the growth of the US NB-IoT market include AT&T, Inc., Huawei Technologies Co., Ltd., Qualcomm Technologies, Inc., MediaTek Inc., Verizon Communications Inc. Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and others. product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

US Narrow Band (NB)-IoT Market – Segmentation
by Deployment Type
Guard Band
In-Band
Standalone
by Industry
Logistics and Transportation
Energy & Utilities
Agriculture
Industrial Manufacturing
Healthcare
Other (Retail)

Company Profiles
AT&T, Inc.
Huawei Technologies Co., Ltd.
Intel Corp.
MediaTek Inc.
Nokia Corp.
Orange SA
Qualcomm Technologies, Inc.
Telefonaktiebolaget LM Ericsson
Verizon Communications Inc.
Vodafone Group Plc

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