The Narrowband IoT report aims at estimating the market size and future growth potential of the market across different segments, such as application software, technology services, smart applications, verticals, and regions
The study also examines the numerous policies that regulate processes in the global Narrowband IoT industry, precisely, the ones that are currently active, along with an analysis of the top news stories about the global industry. This report also offers an important analytical guidance on the trends and developments in this industry.
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).
Latest report on IoT Healthcare Opportunities for MNOs: Market Forecasts and MNO Approaches offers an in-depth analysis of SIM-based IoT connectivity technologies, services and end-user requirements, devices and applications and the service provider ecosystem and the role of MNOs in the IoT health value chain.
The report presents predictions for wearable device shipments and revenue from 2016 through to 2030 across six regions and 73 countries.
Connected homes, streaming devices and workplaces are poised to be radically transformed by the faster wireless networks and internet of things (IoT) connections which are set to triple between 2017 and 2025.
The cellular IoT market is expected to grow from $1.26 billion in 2015 to $5.31 billion by 2022 at a CAGR of 23.34% during the forecast period.
This report segments the cellular IoT market comprehensively and provides the closest approximations of the market sizes for the overall market and sub-segments across the different applications and regions
Private LTE & 5G network infrastructure will further grow at a CAGR of approximately 30% between 2018 and 2021 making a $5 Billion Market opportunity
Rising demand for extended network coverage and capacity to accommodate large number of connected devices are expected to drive the market for cellular IoT. However, technology fragmentation and lack of regulation for spectrum allocation is expected to rescript the growth of this market.
The narrowband IoT market is estimated to be valued at USD 16.7 million in 2017 and is expected to reach USD 181.02 million by 2022, growing at a CAGR of 61.06% during the forecast period. Long range connectivity and capability of consuming less power is expected to drive the demand for NB-IoT market.
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