Portland, OR -- (SBWIRE) -- 07/21/2017 -- Narrowband Internet of Things (NB-IoT) refers to the Low Power Wide Area (LPWA) radio technology which enables the interconnection of numerous devices using internet on existing mobile networks. It ensures simple and efficient connectivity of devices and enables security and reliability of data. Furthermore, the power consumption is low, which is an added advantage for the NB-IoT market.

NB-IoT devices promote automation of things at a very minimal cost, thereby encouraging growth across all regions.

Narrowband IoT Market By Component
- Hardware
- Software
- Services

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Narrowband IoT Market Dynamics:

Drivers for Narrowband IoT industry:

Increasing awareness of wireless technology and growing demand for LPWAN across various industries

Rising demand for low power-consuming applications such as smart meter, smart parking, and smart grid

Restraints for Narrowband IoT industry:
- Transformation interruption of IT systems and competition from rival LPWAN technologies

Narrowband IoT Market By Solution Type
- Data Analytics
- Security Solutions
- Management and Automation
- IoT Device Test and Support
- Asset Tracking Solutions
- Logistics Tracking Solutions

Narrowband IoT Market Players:

The key players in the global NB-IoT market include Huawei Technologies, Co., Ltd, Vodafone Ltd, Ericsson, CWPSLochbridge India Private Ltd, IBM Corporation, AT&T, Inc., Nokia Corporation, Deutsche Telekom AG, Intel Corporation, and Qualcomm Technologies, Inc.

Narrowband IoT Market By Industry Vertical
- Manufacturing
- Transport and Logistics
- Healthcare
- Energy and Utilities
- Retail and Consumer Goods
- BFSI
- Others

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Narrowband IoT Market By Smart Application
- Smart Metering
- Smart Buildings
- Smart Governance
- Others

Narrowband IoT Market By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Table of Content for Narrowband IoT Market
1. Executive summary for Narrowband IoT industry
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis

2. Introduction for Narrowband IoT industry
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology

3. Market landscape for Narrowband IoT industry
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global narrowband IoT market shares analysis, 2014-2025

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List of Tables for Narrowband IoT Market
Contain 55 Tables

List of Figures for Narrowband IoT Market
Contain 52 Figures