Press release
Narrowband Internet of Things Market is Estimated to Reach USD 43.47 Billion By 2030: Cognitive Market Research
Narrowband Internet of Things Market is Estimated to Reach USD 43.47 Billion By 2030: Cognitive Market Research
- Narrowband IoT is a low-power wide space technology developed to change a good variety of the latest IoT devices and services. The technology firmly and dependably handles little amounts of fairly occasional two-way knowledge. Narrowband IoT significantly betters user device power consumption, system capability, and spectrum potency. The technology allows various solutions and devices such as wearables, utilities, industrial solutions, and good parking.
Summary:
• The Narrowband Internet of Things Market Size Expected to Grow at A CAGR Of 6.09 % During the Forecast Period, Reaching USD 43.47 Billion By 2030 - Exclusive Report by Cognitive Market Research
• The solution segment has the largest dominant revenue share in the narrowband-internet of things market.
• North America has the largest dominant revenue share in the narrowband internet of things market.
To know more about Narrowband Internet of Things Market statistics click here: https://www.cognitivemarketresearch.com/narrowband-internet-of-things-market-report
Market Dynamics:
- Increasing adoption of IoT along with better battery life for connected devices and winding applications of NB-IoT technology is the key factor expected to drive the growth of the narrowband internet of things market. In addition, increasing development in the IoT industry and demand for new cellular communication technology is positively impacting the growth of the narrowband internet of things market. However, the stringent competition from alternate technologies and the lack of standardization of IoT regulations are expected to hamper the growth of the narrowband internet of things market. Furthermore, increasing investments by technology companies and telecommunications service providers are expected to offer opportunities for the expansion of the narrowband-internet of things market during the forecast period.
Market Segmentation:
The solution segment holds the major revenue share in terms of component
The solution segment has the largest dominant revenue share in the narrowband-internet of things market. This is attributed to increase network efficiency, and the capacity to support a massive number of new connections using a portion of the available spectrum is expected to drive the growth of the solution segment.
- Type:
• Solution
• Service
- Application:
• Smart Meter
• Smart Parking
• Alarm and Detector
• Smart Lighting
• Tracker
• Wearable
• Others
- Top Companies that hold a market share in Narrowband Internet of Things: Huawei Technologies Co Ltd, Intel Corporation, Qualcomm Technologies Inc, Nokia Corporation
Get free sample pages of latest published Narrowband Internet of Things Market 2023: https://www.cognitivemarketresearch.com/narrowband-internet-of-things-market-report
North America accounted for the largest share of the narrowband-internet of things market
- North America has the largest dominant revenue share in the narrowband internet of things market. This is due to the presence of various leading device manufacturers and network service providers in the U.S. and other major regions across North America.
News:
- Nokia and Nordic Semiconductor announced to IoT Standard Essential Patent licensing
In January 2022, Nokia and Nordic Semiconductor has launched a pioneering new approach to licensing the use of cellular IoT Standard Essential Patents. Companies purchasing IoT hardware from Nordic will now be given the opportunity to acquire licenses to Nokia's industry-leading portfolio of cellular patents.
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Narrowband Internet of Things Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Narrowband Internet of Things Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Narrowband Internet of Things Market by Type Segmentation Analysis (2018-2030)
• 8.1 Detailed Qualitative Analysis
• 8.2 Global Narrowband Internet of Things Revenue and Share (%) by Type (2018-2030)
8.2.1 Solution
8.2.1.1 Global Solution Market Share and Revenue (USD Million) for 2018-2030
8.2.2 Service
8.2.2.1 Global Service Market Share and Revenue (USD Million) for 2018-2030
Chapter 9 Global Narrowband Internet of Things Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Narrowband Internet of Things Market Regional Analysis
Chapter 11 North America Narrowband Internet of Things Market Outlook (2018 - 2030)
Chapter 12 Europe Narrowband Internet of Things Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Narrowband Internet of Things Market Outlook (2018 - 2030)
Chapter 14 Latin America Narrowband Internet of Things Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Narrowband Internet of Things Market Outlook (2018 - 2030)
Chapter 16 Research Findings
Link for TOC: https://www.cognitivemarketresearch.com/narrowband-internet-of-things-market-report#table_of_contents
Related Report:
• Consumer IoT Market- https://www.cognitivemarketresearch.com/consumer-iot-market-report
• IoT Integration Market- https://www.cognitivemarketresearch.com/internet-of-things-iot-integration-market-report
• IOT Motion Sensor Market- https://www.cognitivemarketresearch.com/iot-motion-sensor-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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