• Cat-intel
  • MedIntelliX
  • Consulting
  • Resources
  • About Us
  • News
  • Careers
  • Contact Us
  • Login
    • English
    Chinese
    French
    Hindi

    Narrowband IoT Market

    ID: 1372
    100 Pages
    Research Team
    07/2025

    Narrowband-IoT Market Research Report Information By Device Type (Tracker, Smart Metering and Wearable), By Deployment (Stand Alone, Guard Band and In Band), By Vertical (IT, Manufacturing, Agriculture, Healthcare, Automotive and Transportation), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) - Forecast Till 2030

    Share:
    ReportInfographic

    Purchase Options

    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Compare License

    Market Summary

    Research Methodology on Narrowband IOT Market


    1. Introduction:


    In this project, an effort is made to explore the market trends of the global Narrowband Internet of Things (NB-IoT) industry. The report summarizes current literature, potential market opportunities and potential risk factors related to the industry. The overall objective of the research project is to provide an in-depth analysis of the contemporary state of the global NB-IoT market and to make effective forecasts for the industry in the coming years.


    2. Research Approach:


    To achieve the desired results, a combination of both primary and secondary research approaches is used. Primary research methods include interviews with industry experts, professionals, and stakeholders. This information is used to validate research assumptions and to provide qualitative data for the report. Secondary research methods include analysis of existing published literature, such as market reports, articles, data, and industry reports, as well as extensive usage of qualitative tools and data sources such as market databases.


    3. Target Population:


    The target population for the research project includes both key players in the NB-IoT industry and those who are indirectly affected by the industry. Examples of key players include NB-IoT industry stakeholders, experts and professionals, industry analysts, and the NB-IoT user base.


    4. Sampling Technique:


    Non-probability sampling is used to select the participants in the research project. This type of sampling technique allows bias in the selection of participants, which is beneficial for our research project. For example, the selection of specific industry experts with unique insights on the global NB-IoT market, as well as existing data analysts, can provide the researcher with more targeted insight into the industry.


    5. Data Collection:


    Data for the project is collected from both primary and secondary sources. The primary data is collected through semi-structured interviews with industry experts and stakeholders from the NB-IoT market. The information gathered from these interviews is then validated through secondary research sources such as market reports, journal articles, and industry data. All information gathered from both sources will then be processed and analyzed in order to conclude the current state of the global NB-IoT industry.


    6. Data Analysis:


    The data collected for the research project is analyzed using a combination of both quantitative and qualitative techniques. The quantitative data is analyzed using methods such as descriptive and inferential statistics, while the qualitative data are analyzed using techniques such as content analysis. All data is then used to develop conclusions and forecasts for the global NB-IoT market.


    7. Hypothesis Development:


    The research project begins by developing a set of hypothesis statements which is tested against the data collected during the research project. The hypothesis statements are used to identify any trends or patterns that may be present in the data collected. This is then used to conclude the state of the global NB-IoT market.


    8. Ethical Considerations:


    In order to ensure the project is conducted ethically and acceptably, it is important to consider the various ethical issues associated with the research. These issues include the involvement of human subjects in the research, the protection of any sensitive data, and the fair representation of the results. It is expected that the research team will adhere to the relevant ethical standards when conducting the research.


    9. Conclusion:


    This research report provides a comprehensive examination of the global NB-IoT industry. A combination of both primary and secondary research methods is used to collect and analyze data from both industry stakeholders and users. The data that is collected is then processed and analyzed to draw conclusions and make effective forecasts for the industry in the coming years. Through this research project, a better understanding of the market trends and dynamics of the global NB-IoT market can be attained.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2021 USD 3.1 Billion
    Market Size 2022 USD 5.2 Billion
    Market Size 2030 USD 207.2 Billion
    Compound Annual Growth Rate (CAGR) 69.20% (2022-2030)
    Base Year 2021
    Forecast Period 2022-2030
    Historical Data 2018 & 2020
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Device Type, Deployment, Vertical and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Huawei Technologies Co. Ltd. (China), Vodafone Group PLC (U.K.), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm Incorporated (U.S.), China Unicom (China)
    Key Market Opportunities Flexibility in deployment with GSM, WCDMA, or LTE
    Key Market Dynamics More smart buildings and towns are opening up additional options for the people playing Utilizing narrowband loT, higher power efficiency were attained

    Major Players

    Narrowband-IoT Market Segmentation Tab

    Narrowband-IoT Device Type Outlook (USD Billion, 2018-2030)

    • Tracker

    • Smart Metering

    • Wearable

    Narrowband-IoT Deployment Outlook (USD Billion, 2018-2030)

    • Stand Alone

    • Guard Band

    • In Band

    Narrowband-IoT Vertical Outlook (USD Billion, 2018-2030)

    • Manufacturing

    • Agriculture

    • IT

    • Healthcare

    • Automotive

    • Transportation

    Narrowband-IoT Regional Outlook (USD Billion, 2018-2030)

    • North America Outlook (USD Billion, 2018-2030)

      • North America Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • North America Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • North America Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • US Outlook (USD Billion, 2018-2030)

      • US Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • US Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • US Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Canada Outlook (USD Billion, 2018-2030)

      • Canada Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Canada Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Canada Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

    • Europe Outlook (USD Billion, 2018-2030)

      • Europe Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Europe Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Europe Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Germany Outlook (USD Billion, 2018-2030)

      • Germany Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Germany Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Germany Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • France Outlook (USD Billion, 2018-2030)

      • France Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • France Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • France Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • UK Outlook (USD Billion, 2018-2030)

      • UK Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • UK Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • UK Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Italy Outlook (USD Billion, 2018-2030)

      • Italy Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Italy Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Italy Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Spain Outlook (USD Billion, 2018-2030)

      • Spain Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Spain Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Spain Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Rest Of Europe Outlook (USD Billion, 2018-2030)

      • Rest Of Europe Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Rest Of Europe Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Rest Of Europe Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

    • Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Asia-Pacific Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Asia-Pacific Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Asia-Pacific Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • China Outlook (USD Billion, 2018-2030)

      • China Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • China Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • China Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Japan Outlook (USD Billion, 2018-2030)

      • Japan Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Japan Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Japan Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • India Outlook (USD Billion, 2018-2030)

      • India Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • India Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • India Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Australia Outlook (USD Billion, 2018-2030)

      • Australia Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Australia Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Australia Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive Transportation

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Rest of Asia-Pacific Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Rest of Asia-Pacific Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Rest of Asia-Pacific Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

    • Rest of the World Outlook (USD Billion, 2018-2030)

      • Rest of the World Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Rest of the World Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Rest of the World Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Middle East Outlook (USD Billion, 2018-2030)

      • Middle East Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Middle East Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Middle East Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Africa Outlook (USD Billion, 2018-2030)

      • Africa Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Africa Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Africa Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

      • Latin America Outlook (USD Billion, 2018-2030)

      • Latin America Narrowband-IoT by Device Type

        • Tracker

        • Smart Metering

        • Wearable

      • Latin America Narrowband-IoT by Deployment

        • Stand Alone

        • Guard Band

        • In Band

      • Latin America Narrowband-IoT by Vertical

        • Manufacturing

        • Agriculture

        • IT

        • Healthcare

        • Automotive

        • Transportation

    Market Trends

    Narrowband-IoT Market Overview

    Narrowband-IoT Market Size was valued at USD 3.1 billion in 2021. The narrowband-IoT market industry is projected to grow from USD 5.2 billion in 2022 to USD 207.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 69.20% during the forecast period (2022 - 2030). More and more tech firms and telecommunications service providers are anticipated to develop NB-IoT devices and roll out services as a result of the fast expanding applications for NB-IoT technology, serving as the primary market drivers for growth over the projected period.

    Figure 1: Narrowband - IoT Market Size, 2022-2030 (USD Billion)

    Narrowband-IoT Market Overview

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Narrowband-IoT Market Trends

    Increasing IoT application in various sectors, as well as the ability of Narrowband IoT (NB-IoT) to penetrate deep underground will propel market growth

    IoT devices could be installed underground and underwater thanks to the NB-IoT network's ability to reach deep below and in confined spaces. It is the responsibility of telecom service providers to provide network connectivity, including standalone, in-band, and guard-band modes, for the

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Narrowband IoT Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Narrowband IoT Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2021 USD 3.1 Billion
    Market Size 2022 USD 5.2 Billion
    Market Size 2030 USD 207.2 Billion
    Compound Annual Growth Rate (CAGR) 69.20% (2022-2030)
    Base Year 2021
    Forecast Period 2022-2030
    Historical Data 2018 & 2020
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Device Type, Deployment, Vertical and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Huawei Technologies Co. Ltd. (China), Vodafone Group PLC (U.K.), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm Incorporated (U.S.), China Unicom (China)
    Key Market Opportunities Flexibility in deployment with GSM, WCDMA, or LTE
    Key Market Dynamics More smart buildings and towns are opening up additional options for the people playing Utilizing narrowband loT, higher power efficiency were attained

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
    View All

    FAQs

    Which region has bagged the top position in the market and why?

    North America is dominating the market of Narrowband- IoT Market due to the increasing adoption of IoT and cloudbased services in this region. The growing demand of efficient and low-cost connectivity technology in this region is also supporting the market of Narrowband- IoT market.

    What are the device types identified in the MRFR report?

    Device type has been identified as Smart metering, tracker, Alarm &detectors, wearable, tracking among others.

    Who are the top players in the market?

    Some of the top players in the Narrowband- IoT market include Huawei Technologies Co. Ltd. (China), Vodafone Group PLC (U.K.), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm Inc. (U.S.), China Unicom (China), Intel Corporation (U.S.), Ericsson (Sweden), Nokia Networks (Finland), and Verizon Communication (U.S.) among others.

    What are the top growth-inducing factors in the market?

    The NB-IoT market is expected to show significant growth due to rapid development in IoT industry and rising demand of new cellular communication technology which are dedicated to IoT LPWA applications. The increasing demand for navigation, telematics and in-car infotainment services in automotive & Transportation industry is also supporting the market of The NB-IoT.

    What factors boost the demand for NB-IoT in various applications?

    NB-IoT is well suited for applications that deals with small amount of infrequent data transfer over long period of time. NB-IoT operates in licensed spectrum that offers secure and reliable connectivity while assuring quality of service.

    Narrowband-IoT Market Segmentation Tab

    Narrowband-IoT Device Type Outlook (USD Billion, 2018-2030)

    • Tracker
    • Smart Metering
    • Wearable

    Narrowband-IoT Deployment Outlook (USD Billion, 2018-2030)

    • Stand Alone
    • Guard Band
    • In Band

    Narrowband-IoT Vertical Outlook (USD Billion, 2018-2030)

    • Manufacturing
    • Agriculture
    • IT
    • Healthcare
    • Automotive
    • Transportation

    Narrowband-IoT Regional Outlook (USD Billion, 2018-2030)

    • North America Outlook (USD Billion, 2018-2030)

      • North America Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • North America Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • North America Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • US Outlook (USD Billion, 2018-2030)

      • US Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • US Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • US Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Canada Outlook (USD Billion, 2018-2030)

      • Canada Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Canada Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Canada Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

    • Europe Outlook (USD Billion, 2018-2030)

      • Europe Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Europe Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Europe Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Germany Outlook (USD Billion, 2018-2030)

      • Germany Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Germany Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Germany Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • France Outlook (USD Billion, 2018-2030)

      • France Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • France Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • France Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • UK Outlook (USD Billion, 2018-2030)

      • UK Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • UK Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • UK Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Italy Outlook (USD Billion, 2018-2030)

      • Italy Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Italy Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Italy Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Spain Outlook (USD Billion, 2018-2030)

      • Spain Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Spain Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Spain Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Rest Of Europe Outlook (USD Billion, 2018-2030)

      • Rest Of Europe Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Rest Of Europe Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Rest Of Europe Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

    • Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Asia-Pacific Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Asia-Pacific Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Asia-Pacific Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • China Outlook (USD Billion, 2018-2030)

      • China Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • China Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • China Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Japan Outlook (USD Billion, 2018-2030)

      • Japan Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Japan Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Japan Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • India Outlook (USD Billion, 2018-2030)

      • India Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • India Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • India Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Australia Outlook (USD Billion, 2018-2030)

      • Australia Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Australia Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Australia Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive Transportation

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Rest of Asia-Pacific Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Rest of Asia-Pacific Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Rest of Asia-Pacific Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

    • Rest of the World Outlook (USD Billion, 2018-2030)

      • Rest of the World Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Rest of the World Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Rest of the World Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Middle East Outlook (USD Billion, 2018-2030)

      • Middle East Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Middle East Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Middle East Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Africa Outlook (USD Billion, 2018-2030)

      • Africa Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Africa Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Africa Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation

      • Latin America Outlook (USD Billion, 2018-2030)

      • Latin America Narrowband-IoT by Device Type
        • Tracker
        • Smart Metering
        • Wearable
      • Latin America Narrowband-IoT by Deployment
        • Stand Alone
        • Guard Band
        • In Band
      • Latin America Narrowband-IoT by Vertical
        • Manufacturing
        • Agriculture
        • IT
        • Healthcare
        • Automotive
        • Transportation
    Infographic

    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Related Reports

    Global Reports
    Regional Reports
    Country Reports

    Customer Strories

    Watch Video

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Jongwon Byun

    Director, Research Operations
    Case Study

    Smartphone Motherboard Parts Manufacturing Research

    Smartphone Motherboard Parts Manufacturing Research