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Narrowband IoT Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

06-08-2024 12:38 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Narrowband IoT Market Size Report Predicts Healthy Growth with

The global narrowband IoT market is expected to grow at a significant CAGR during the forecast period. The narrowband IoT stands for narrowband internet of things (NB-IoT). It was a low power wide area (LPWA) standard-based technology developed to introduce a broad spectrum of IoT devices and services. The narrowband IoT considerably improves the system capacity, power consumption and spectrum efficiency of user devices and provide deep coverage to the system.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/narrowband-iot-market-share

The feature comprises narrowband IoT including- low power consumption, highly-economic, wide-area coverage, high spectrum and high system capacity that are subjected to emerge a robust growth in the global narrowband IoT market. The rising deployment of technological infrastructure and high usage of the internet is expected to witness a sequential rise in the growth of the global narrowband IoT market.

The growing advancement in artificial intelligence (AI), big data analytics, machine learning (ML) and rising implementation of IoT and connected devices is anticipated to emerge as a vital factor attributed to driving the market growth in the global narrowband IoT market during the forecast period. The better performance and function of narrowband IoT over other LPWAN technologies including Lora, Sigfox and e-MTC among others, concerning reliability, network coverage, uplink and downlink traffic. This instance offers lucrative growth opportunities and raised market shares for the global narrowband IoT market. The increasing emergence of smart cities and smart buildings and the rising deployment of intelligent devices is further expected to provide significant growth in the global narrowband IoT market.

Global Narrowband IoT Market by Segment

By Component

o Network
o Module

By Deployment

o In-band
o Guard-band
o Standalone

By Device Type

o Alarm & Detector
o Smart Parking
o Smart Meter
o Smart Lighting
o Tracker
o Wearables
o Others

A full report of Narrowband IoT Market available @ https://www.omrglobal.com/industry-reports/narrowband-iot-market-share

Narrowband IoT Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Huawei Technologies Co. Ltd.
• Vodafone Group PLC
• Emirates Telecommunications Corporation
• Telecom Italia
• Qualcomm Inc.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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