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Global NB IoT Technology Market Research Report 2024
Synopsis
Narrowband IoT (NB-IoT) is a new fast growing wireless technology 3GPP cellular technology standard introduced in Release 13 that addresses the LPWA requirements of the IoT. that was Classified as a 5G technology, istandardized by 3GPP in 2016. It is fast emerging as the best in class a leading LPWAN technology to enable a wide range of new IIoT devices including smart parking, utilities, wearables, and industrial solutions.
The global NB IoT Technology market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for NB IoT Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NB IoT Technology.
Report Scope
The NB IoT Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global NB IoT Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the NB IoT Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huawei
Nokia
Ericsson
Deutsche Telekom
ARM
Accent Advanced Systems
Rogers
Segment by Type
3G Cellular-based
4G Cellular-based
5G Cellular-based
Segment by Application
Smart Parking
Utilities
Wearable
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of NB IoT Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Narrowband IoT (NB-IoT) is a new fast growing wireless technology 3GPP cellular technology standard introduced in Release 13 that addresses the LPWA requirements of the IoT. that was Classified as a 5G technology, istandardized by 3GPP in 2016. It is fast emerging as the best in class a leading LPWAN technology to enable a wide range of new IIoT devices including smart parking, utilities, wearables, and industrial solutions.
The global NB IoT Technology market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for NB IoT Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NB IoT Technology.
Report Scope
The NB IoT Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global NB IoT Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the NB IoT Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huawei
Nokia
Ericsson
Deutsche Telekom
ARM
Accent Advanced Systems
Rogers
Segment by Type
3G Cellular-based
4G Cellular-based
5G Cellular-based
Segment by Application
Smart Parking
Utilities
Wearable
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of NB IoT Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global NB IoT Technology Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 3G Cellular-based
1.2.3 4G Cellular-based
1.2.4 5G Cellular-based
1.3 Market by Application
1.3.1 Global NB IoT Technology Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Smart Parking
1.3.3 Utilities
1.3.4 Wearable
1.3.5 Industrial
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global NB IoT Technology Market Perspective (2019-2030)
2.2 NB IoT Technology Growth Trends by Region
2.2.1 Global NB IoT Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 NB IoT Technology Historic Market Size by Region (2019-2024)
2.2.3 NB IoT Technology Forecasted Market Size by Region (2025-2030)
2.3 NB IoT Technology Market Dynamics
2.3.1 NB IoT Technology Industry Trends
2.3.2 NB IoT Technology Market Drivers
2.3.3 NB IoT Technology Market Challenges
2.3.4 NB IoT Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top NB IoT Technology Players by Revenue
3.1.1 Global Top NB IoT Technology Players by Revenue (2019-2024)
3.1.2 Global NB IoT Technology Revenue Market Share by Players (2019-2024)
3.2 Global NB IoT Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by NB IoT Technology Revenue
3.4 Global NB IoT Technology Market Concentration Ratio
3.4.1 Global NB IoT Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by NB IoT Technology Revenue in 2023
3.5 NB IoT Technology Key Players Head office and Area Served
3.6 Key Players NB IoT Technology Product Solution and Service
3.7 Date of Enter into NB IoT Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 NB IoT Technology Breakdown Data by Type
4.1 Global NB IoT Technology Historic Market Size by Type (2019-2024)
4.2 Global NB IoT Technology Forecasted Market Size by Type (2025-2030)
5 NB IoT Technology Breakdown Data by Application
5.1 Global NB IoT Technology Historic Market Size by Application (2019-2024)
5.2 Global NB IoT Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America NB IoT Technology Market Size (2019-2030)
6.2 North America NB IoT Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America NB IoT Technology Market Size by Country (2019-2024)
6.4 North America NB IoT Technology Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe NB IoT Technology Market Size (2019-2030)
7.2 Europe NB IoT Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe NB IoT Technology Market Size by Country (2019-2024)
7.4 Europe NB IoT Technology Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific NB IoT Technology Market Size (2019-2030)
8.2 Asia-Pacific NB IoT Technology Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific NB IoT Technology Market Size by Region (2019-2024)
8.4 Asia-Pacific NB IoT Technology Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America NB IoT Technology Market Size (2019-2030)
9.2 Latin America NB IoT Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America NB IoT Technology Market Size by Country (2019-2024)
9.4 Latin America NB IoT Technology Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa NB IoT Technology Market Size (2019-2030)
10.2 Middle East & Africa NB IoT Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa NB IoT Technology Market Size by Country (2019-2024)
10.4 Middle East & Africa NB IoT Technology Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Huawei
11.1.1 Huawei Company Detail
11.1.2 Huawei Business Overview
11.1.3 Huawei NB IoT Technology Introduction
11.1.4 Huawei Revenue in NB IoT Technology Business (2019-2024)
11.1.5 Huawei Recent Development
11.2 Nokia
11.2.1 Nokia Company Detail
11.2.2 Nokia Business Overview
11.2.3 Nokia NB IoT Technology Introduction
11.2.4 Nokia Revenue in NB IoT Technology Business (2019-2024)
11.2.5 Nokia Recent Development
11.3 Ericsson
11.3.1 Ericsson Company Detail
11.3.2 Ericsson Business Overview
11.3.3 Ericsson NB IoT Technology Introduction
11.3.4 Ericsson Revenue in NB IoT Technology Business (2019-2024)
11.3.5 Ericsson Recent Development
11.4 Deutsche Telekom
11.4.1 Deutsche Telekom Company Detail
11.4.2 Deutsche Telekom Business Overview
11.4.3 Deutsche Telekom NB IoT Technology Introduction
11.4.4 Deutsche Telekom Revenue in NB IoT Technology Business (2019-2024)
11.4.5 Deutsche Telekom Recent Development
11.5 ARM
11.5.1 ARM Company Detail
11.5.2 ARM Business Overview
11.5.3 ARM NB IoT Technology Introduction
11.5.4 ARM Revenue in NB IoT Technology Business (2019-2024)
11.5.5 ARM Recent Development
11.6 Accent Advanced Systems
11.6.1 Accent Advanced Systems Company Detail
11.6.2 Accent Advanced Systems Business Overview
11.6.3 Accent Advanced Systems NB IoT Technology Introduction
11.6.4 Accent Advanced Systems Revenue in NB IoT Technology Business (2019-2024)
11.6.5 Accent Advanced Systems Recent Development
11.7 Rogers
11.7.1 Rogers Company Detail
11.7.2 Rogers Business Overview
11.7.3 Rogers NB IoT Technology Introduction
11.7.4 Rogers Revenue in NB IoT Technology Business (2019-2024)
11.7.5 Rogers Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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