New York, NY -- (SBWIRE) -- 01/25/2021 -- Reports and Data offers a comprehensive overview of the market size and trends of the Narrowband IoT (NB-IoT) Market on a global and regional scale. The report also provides an assessment of the factors and parameters that have the potential to impact the growth and expansion of the market. The insightful information offered by the report assists in making profitable business decisions and formulate strategic investment plans to gain maximum returns. In addition to this, the study is equipped with a detailed analysis of the companies to help the readers understand the competitive scope of the market.

The Narrowband IoT (NB-IoT), also called LTE Cat NB1, is a LPWA (low power wide area network technology) standard that connects a wide arena of devices and services on an established cellular network. NB-IoT is suited for applications that deal with a small amount of infrequent data transfer for a long period of time. It operates in the licensed spectrum that offers reliable and secure connectivity while assuring the superior quality of service.

The report primarily mentions definitions, classifications, applications, and market overview of the Narrowband IoT (NB-IoT) industry. It also covers product portfolios, manufacturing processes, cost analysis, structures, and gross margin of the industry. It also provides a comprehensive analysis of the key competitors and their regional spread and market size. It focuses on their strategic endeavors like mergers and acquisitions, technological advancements, product developments, and research and development activities to gain a strong footing in the market.

Key Companies of the Narrowband IoT (NB-IoT) Market are:

Ericsson, Qualcomm Incorporated, Huawei Technologies Co. Ltd., Vodafone Group PLC, Nokia Networks, CommSolid GmBH, MistBase AB, Samsung Group, Intel Corporation, Verizon Communication, and U-Blox Holding AG.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1201

The NB-IoT market is expected to see robust growth owing to rapid development in IoT sector and increasing demand of new cellular communication technology which are dedicated to IoT LPWA applications. The rising demand for navigation, telematics and in-car infotainment services in transportation and automotive sector is also boosting the market of the NB-IoT. The benefits of NB-IoT like excellent penetration coverage, low power consumption, and low component cost is also fuelling the growth in narrowband IoT market. Rising mobile-to-mobile communications is fuelling the growth of the connected devices market, majorly in the industrial sector. Moreover, industry trends like IoT have benefitted connectivity in every sector, including consumer electronics, healthcare, and retail. Smart gadgets need sensors to generate real-time data. The decrease in price of these sensors has resulted in a significant rise in the adoption of IoT across institutions. Additionally, the major factors responsible for the robust adoption of NB-IoT are low power requirements, smooth communications through better connectivity, and a rising inclination for a smarter and greener planet.

By Offering (Revenue, USD Million; 2017-2027)

Hardware
Software
Services

By Deployment (Revenue, USD Million; 2017-2027)

Soil Standalone
Guard Band
In-Band

By Device (Revenue, USD Million; 2017-2027)

Smart Appliances
Smart Meters
Trackers
Alarms and Detectors
Wearable devices

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1201

By End-Use (Revenue, USD Million; 2017-2027)

Agriculture
Automotive & Transportation
Energy
Healthcare
Manufacturing
Retail
Safety & Security
Infrastructure,
Building Automation
Others

By Region (Revenue, USD Million; 2017-2027)

North America
U.S.
Canada
Europe
Germany
U.K.
Rest of EU
Asia Pacific
China
India
South Korea
Australia
Rest of APAC
Latin America
Brazil
Chile
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/narrowband-iot-nb-iot-market

Also Have a Look at The Following Reports:

Dry Powder Inhaler Device Market Key Players, Supply, Consumption, Demand, Growth, Application, Analysis and Forecast to 2027

Acute Ischemia Monitors Market Price, Revenue, Gross Profit, Business Distribution to 2021-2027

Thank you for reading our report. To inquire about customization or any queries about the report, please get in touch with us. Our team will make sure the report is best suited to your needs.

About Reports and Data:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industry including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trend's existent in the market.

Contact Us:

John W
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com