NarrowBand IoT (NB-IoT) is a Low Power Wide Area Network (LPWAN) radio technology standard that has been developed to enable a wide range of devices and services to be connected using cellular telecommunications bands. NB-IoT is a narrowband radio technology designed for the Internet of Things (IoT), and is one of a range of Mobile IoT (MIoT) technologies standardized by the 3rd Generation Partnership Project (3GPP).
The increasing adoption of IoT and growth in network-enabled devices, and demand for long-range connectivity is driving the market. The existing LPWA technologies are fragmented, non-standardized, and require a high operational cost.
The narrowband IoT (NB-IoT) technology is expected to overcome these shortcomings as it is highly reliable, consumes less power, and has low operational cost
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Growing demand for Low-Power Wide Area Network (LPWAN) use cases across verticals, high deployment flexibility with GSM, WCDMA, or LTE, extended coverage and long battery life, low deployment cost are some of the general driving factors for the market.
The Global Narrowband IoT Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists.
The research analysts provide an elaborate description of the value chain and its distributor analysis. This Narrowband IoT market study provides comprehensive data which enhances the understanding, scope and application of this report.
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The global Narrowband IoT market size to be USD X, XX Million by 2022, at a CAGR of XX.X %
From an insights perspective, this research report has focused on various levels of analysis, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the Narrowband IoT market, and high-growth regions and countries and their respective drivers, restraints, challenges, and opportunities.
Global Narrowband IoT Market: Regional Segment Analysis, North America, Europe, China, Japan, Southeast Asia and India. APAC is expected to account for the largest share of the overall Narrowband IoT market
This report provides pin-point analysis for changing competitive dynamics, It provides a forward looking perspective on different factors driving or restraining market growth, It provides a six-year forecast assessed on the basis of how the market is predicted to grow and helps in understanding the key product segments and their future It also provides pin point analysis of changing competition dynamics and keeps you ahead of competitors This research helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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