New York, NY -- (SBWire) -- 04/12/2019 --The global Narrowband IoT (NB-IoT) market is expected to reach USD 200.04 million by 2026, according to a new report by Reports and Data. Currently LPWA i.e. low powered wide area wireless technology exists. They are non-standardized, fragmented and operational cost is high. The NB-IoT is projected to overcome these shortcomings and can highly reliable with low operational cost and also consume less power. NB-IoT operates on licensed spectrum that provides reliable and secure connectivity meanwhile assuring quality in service.
The major players covered in this Narrowband IoT (NB-IoT) report are
Ericsson, Qualcomm Incorporated, Huawei Technologies Co. Ltd., Vodafone Group PLC, Nokia Networks, CommSolid GmBH, MistBase AB, Samsung Group, Intel Corporation, Verizon Communication, U-Blox Holding AG are among many others
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NB-IoT provides some benefits such as reliability, wider deployment, power efficiency cost savings and global reach. It also improves the consumption power in user devices, system capacity and spectrum efficiency. It is also supported by all major mobile equipment and can co-exist with 2G, 3G and 4G networks as well. It also provides secure and provides privacy features. However, low speed and data security concern is hindering the growth of the market.
North America will dominate the NB-IoT market. The U.S invest heavily into the R&D for the growth of the market. Government of U.S. is implementing IoT under the scheme "Smart America" across infrastructure and utilities. This is driving the NB-IoT market further. Deployment of smart infrastructure and smart city program in China, Japan and India is fueling the market in APAC region as well.
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Narrowband IoT (NB-IoT) enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Narrowband IoT (NB-IoT) Market split by Offering Outlook, can be divided into:
- Hardware
- Software
- Services
Narrowband IoT (NB-IoT) Market split by Deployment Outlook, can be divided into:
- Soil Standalone
- Guard Band
- In-Band
Narrowband IoT (NB-IoT) Market split by Devices Outlook, can be divided into:
- Smart Appliance
- Smart Meters
- Trackers
- Alarms and Detectors
- Wearable devices
Narrowband IoT (NB-IoT) Market split by End-Use Outlook, can be divided into:
- Agriculture
- Automotive & Transportation
- Energy
- Healthcare
- Manufacturing
- Retail
- Safety & Security
- Infrastructure,
- Building Automation
- Others
Geographically, this Narrowband IoT (NB-IoT) report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The study objectives of this Narrowband IoT (NB-IoT) report are:
# To analyze and study the global Narrowband IoT (NB-IoT) sales, value, status (2018-2026) and forecast (2018-2026);
# To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, # to study the sales, value and market share of top players in these regions.
#Focuses on the key Narrowband IoT (NB-IoT) players, to study the sales, value, market share and development plans in future.
#Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
#To define, describe and forecast the market by type, application and region.
#To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
#To identify significant trends and factors driving or inhibiting the market growth.
#To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
# To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
# To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
# To strategically profile the key players and comprehensively analyze their growth strategies.
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Key elements from table of content:
Chapter 11. Company Profiles
11.1. Huawei Technologies Co. Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Type Insights
11.1.4. Strategic Initiatives
11.2. Ericsson
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Type Insights
11.2.4. Strategic Initiatives
11.3. Vodafone Group PLC
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Type Insights
11.3.4. Strategic Initiatives
Continued….
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Narrowband IoT (NB-IoT) Market Outlook 2018-2026 by Top Players: Ericsson, Qualcomm Inc, Huawei Tech, Vodafone Group, Samsung
A closer look at the overall Narrowband IoT (NB-IoT) business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.