Global Narrowband IoT Market Trends, Survey, Growth and Analysis by 2014-2025!!!

Big Market Research added a report on “Global Narrowband IoT Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”

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Narrowband Internet of Things (NB-IoT) market refers to the Low Power Wide Area (LPWA) radio technology which enables the interconnection of numerous devices using internet on existing mobile networks. It ensures simple and efficient connectivity of devices and enables security and reliability of data. Furthermore, the power consumption is low, which is an added advantage for the NB-IoT market. NB-IoT devices promote automation of things at a very minimal cost, thereby encouraging growth across all regions.

Based on component, the market is divided into hardware, software, and services. Solution type is segmented into data analytics, security solutions, management and automation, IoT device test and support, asset tracking solutions, and logistics tracking solutions. Based on industry vertical, it is categorized into manufacturing, transport and logistics, healthcare, energy and utilities, retail and consumer goods, BFSI, and others. Based on smart application, the market is classified as smart metering, smart building, smart governance, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:
Drivers:
Increasing awareness of wireless technology and growing demand for LPWAN across various industries
Rising demand for low power-consuming applications such as smart meter, smart parking, and smart grid
Restraints:
Transformation interruption of IT systems and competition from rival LPWAN technologies
Market Players:
The key players in the global NB-IoT market include Huawei Technologies, Co., Ltd, Vodafone Ltd, Ericsson, CWPSLochbridge India Private Ltd, IBM Corporation, AT&T, Inc., Nokia Corporation, Deutsche Telekom AG, Intel Corporation, and Qualcomm Technologies, Inc.

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MARKET LANDSCAPE
By Component
o Hardware
o Software
o Services
By Solution Type
o Data Analytics
o Security Solutions
o Management and Automation
o IoT Device Test and Support
o Asset Tracking Solutions
o Logistics Tracking Solutions
By Industry Vertical
o Manufacturing
o Transport and Logistics
o Healthcare
o Energy and Utilities
o Retail and Consumer Goods
o BFSI
By Smart Application
o Smart Metering
o Smart Buildings
o Smart Governance

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Uk
o France
o Italy
o Rest Of Europe
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o Taiwan
• Lamea
o Brazil
o Turkey
o Venezuela
o Saudi Arabia

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