Narrowband IoT (NB-IoT) is a new fast growing wireless technology 3GPP cellular technology standard introduced in Release 13 that addresses the LPWA requirements of the IoT. that was Classified as a 5G technology, istandardized by 3GPP in 2016. It is fast emerging as the best in class a leading LPWAN technology to enable a wide range of new IIoT devices including smart parking, utilities, wearables, and industrial solutions.
This report aims to provide a comprehensive presentation of the global market for NB IoT Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NB IoT Technology. This report contains market size and forecasts of NB IoT Technology in global, including the following market information:
Global NB IoT Technology Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global NB IoT Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
3G Cellular-based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of NB IoT Technology include Huawei, Nokia, Ericsson, Deutsche Telekom, ARM, Accent Advanced Systems and Rogers, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the NB IoT Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global NB IoT Technology Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global NB IoT Technology Market Segment Percentages, by Type, 2022 (%)
3G Cellular-based
4G Cellular-based
5G Cellular-based
Global NB IoT Technology Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global NB IoT Technology Market Segment Percentages, by Application, 2022 (%)
Smart Parking
Utilities
Wearable
Industrial
Others
Global NB IoT Technology Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global NB IoT Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies NB IoT Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies NB IoT Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huawei
Nokia
Ericsson
Deutsche Telekom
ARM
Accent Advanced Systems
Rogers
Outline of Major Chapters:
Chapter 1: Introduces the definition of NB IoT Technology, market overview.
Chapter 2: Global NB IoT Technology market size in revenue.
Chapter 3: Detailed analysis of NB IoT Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of NB IoT Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 NB IoT Technology Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global NB IoT Technology Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global NB IoT Technology Overall Market Size
2.1 Global NB IoT Technology Market Size: 2022 VS 2032
2.2 Global NB IoT Technology Market Size, Prospects & Forecasts: 2018-2032
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top NB IoT Technology Players in Global Market
3.2 Top Global NB IoT Technology Companies Ranked by Revenue
3.3 Global NB IoT Technology Revenue by Companies
3.4 Top 3 and Top 5 NB IoT Technology Companies in Global Market, by Revenue in 2022
3.5 Global Companies NB IoT Technology Product Type
3.6 Tier 1, Tier 2 and Tier 3 NB IoT Technology Players in Global Market
3.6.1 List of Global Tier 1 NB IoT Technology Companies
3.6.2 List of Global Tier 2 and Tier 3 NB IoT Technology Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global NB IoT Technology Market Size Markets, 2022 & 2032
4.1.2 3G Cellular-based
4.1.3 4G Cellular-based
4.1.4 5G Cellular-based
4.2 By Type - Global NB IoT Technology Revenue & Forecasts
4.2.1 By Type - Global NB IoT Technology Revenue, 2018-2023
4.2.2 By Type - Global NB IoT Technology Revenue, 2024-2032
4.2.3 By Type - Global NB IoT Technology Revenue Market Share, 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global NB IoT Technology Market Size, 2022 & 2032
5.1.2 Smart Parking
5.1.3 Utilities
5.1.4 Wearable
5.1.5 Industrial
5.1.6 Others
5.2 By Application - Global NB IoT Technology Revenue & Forecasts
5.2.1 By Application - Global NB IoT Technology Revenue, 2018-2023
5.2.2 By Application - Global NB IoT Technology Revenue, 2024-2032
5.2.3 By Application - Global NB IoT Technology Revenue Market Share, 2018-2032
6 Sights by Region
6.1 By Region - Global NB IoT Technology Market Size, 2022 & 2032
6.2 By Region - Global NB IoT Technology Revenue & Forecasts
6.2.1 By Region - Global NB IoT Technology Revenue, 2018-2023
6.2.2 By Region - Global NB IoT Technology Revenue, 2024-2032
6.2.3 By Region - Global NB IoT Technology Revenue Market Share, 2018-2032
6.3 North America
6.3.1 By Country - North America NB IoT Technology Revenue, 2018-2032
6.3.2 US NB IoT Technology Market Size, 2018-2032
6.3.3 Canada NB IoT Technology Market Size, 2018-2032
6.3.4 Mexico NB IoT Technology Market Size, 2018-2032
6.4 Europe
6.4.1 By Country - Europe NB IoT Technology Revenue, 2018-2032
6.4.2 Germany NB IoT Technology Market Size, 2018-2032
6.4.3 France NB IoT Technology Market Size, 2018-2032
6.4.4 U.K. NB IoT Technology Market Size, 2018-2032
6.4.5 Italy NB IoT Technology Market Size, 2018-2032
6.4.6 Russia NB IoT Technology Market Size, 2018-2032
6.4.7 Nordic Countries NB IoT Technology Market Size, 2018-2032
6.4.8 Benelux NB IoT Technology Market Size, 2018-2032
6.5 Asia
6.5.1 By Region - Asia NB IoT Technology Revenue, 2018-2032
6.5.2 China NB IoT Technology Market Size, 2018-2032
6.5.3 Japan NB IoT Technology Market Size, 2018-2032
6.5.4 South Korea NB IoT Technology Market Size, 2018-2032
6.5.5 Southeast Asia NB IoT Technology Market Size, 2018-2032
6.5.6 India NB IoT Technology Market Size, 2018-2032
6.6 South America
6.6.1 By Country - South America NB IoT Technology Revenue, 2018-2032
6.6.2 Brazil NB IoT Technology Market Size, 2018-2032
6.6.3 Argentina NB IoT Technology Market Size, 2018-2032
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa NB IoT Technology Revenue, 2018-2032
6.7.2 Turkey NB IoT Technology Market Size, 2018-2032
6.7.3 Israel NB IoT Technology Market Size, 2018-2032
6.7.4 Saudi Arabia NB IoT Technology Market Size, 2018-2032
6.7.5 UAE NB IoT Technology Market Size, 2018-2032
7 NB IoT Technology Companies Profiles
7.1 Huawei
7.1.1 Huawei Company Summary
7.1.2 Huawei Business Overview
7.1.3 Huawei NB IoT Technology Major Product Offerings
7.1.4 Huawei NB IoT Technology Revenue in Global Market (2018-2023)
7.1.5 Huawei Key News & Latest Developments
7.2 Nokia
7.2.1 Nokia Company Summary
7.2.2 Nokia Business Overview
7.2.3 Nokia NB IoT Technology Major Product Offerings
7.2.4 Nokia NB IoT Technology Revenue in Global Market (2018-2023)
7.2.5 Nokia Key News & Latest Developments
7.3 Ericsson
7.3.1 Ericsson Company Summary
7.3.2 Ericsson Business Overview
7.3.3 Ericsson NB IoT Technology Major Product Offerings
7.3.4 Ericsson NB IoT Technology Revenue in Global Market (2018-2023)
7.3.5 Ericsson Key News & Latest Developments
7.4 Deutsche Telekom
7.4.1 Deutsche Telekom Company Summary
7.4.2 Deutsche Telekom Business Overview
7.4.3 Deutsche Telekom NB IoT Technology Major Product Offerings
7.4.4 Deutsche Telekom NB IoT Technology Revenue in Global Market (2018-2023)
7.4.5 Deutsche Telekom Key News & Latest Developments
7.5 ARM
7.5.1 ARM Company Summary
7.5.2 ARM Business Overview
7.5.3 ARM NB IoT Technology Major Product Offerings
7.5.4 ARM NB IoT Technology Revenue in Global Market (2018-2023)
7.5.5 ARM Key News & Latest Developments
7.6 Accent Advanced Systems
7.6.1 Accent Advanced Systems Company Summary
7.6.2 Accent Advanced Systems Business Overview
7.6.3 Accent Advanced Systems NB IoT Technology Major Product Offerings
7.6.4 Accent Advanced Systems NB IoT Technology Revenue in Global Market (2018-2023)
7.6.5 Accent Advanced Systems Key News & Latest Developments
7.7 Rogers
7.7.1 Rogers Company Summary
7.7.2 Rogers Business Overview
7.7.3 Rogers NB IoT Technology Major Product Offerings
7.7.4 Rogers NB IoT Technology Revenue in Global Market (2018-2023)
7.7.5 Rogers Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. NB IoT Technology Market Opportunities & Trends in Global Market
Table 2. NB IoT Technology Market Drivers in Global Market
Table 3. NB IoT Technology Market Restraints in Global Market
Table 4. Key Players of NB IoT Technology in Global Market
Table 5. Top NB IoT Technology Players in Global Market, Ranking by Revenue (2022)
Table 6. Global NB IoT Technology Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global NB IoT Technology Revenue Share by Companies, 2018-2023
Table 8. Global Companies NB IoT Technology Product Type
Table 9. List of Global Tier 1 NB IoT Technology Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 NB IoT Technology Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global NB IoT Technology Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - NB IoT Technology Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - NB IoT Technology Revenue in Global (US$, Mn), 2024-2032
Table 14. By Application ? Global NB IoT Technology Revenue, (US$, Mn), 2022 & 2032
Table 15. By Application - NB IoT Technology Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - NB IoT Technology Revenue in Global (US$, Mn), 2024-2032
Table 17. By Region ? Global NB IoT Technology Revenue, (US$, Mn), 2022 & 2032
Table 18. By Region - Global NB IoT Technology Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global NB IoT Technology Revenue (US$, Mn), 2024-2032
Table 20. By Country - North America NB IoT Technology Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America NB IoT Technology Revenue, (US$, Mn), 2024-2032
Table 22. By Country - Europe NB IoT Technology Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe NB IoT Technology Revenue, (US$, Mn), 2024-2032
Table 24. By Region - Asia NB IoT Technology Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia NB IoT Technology Revenue, (US$, Mn), 2024-2032
Table 26. By Country - South America NB IoT Technology Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America NB IoT Technology Revenue, (US$, Mn), 2024-2032
Table 28. By Country - Middle East & Africa NB IoT Technology Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa NB IoT Technology Revenue, (US$, Mn), 2024-2032
Table 30. Huawei Company Summary
Table 31. Huawei NB IoT Technology Product Offerings
Table 32. Huawei NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 33. Huawei Key News & Latest Developments
Table 34. Nokia Company Summary
Table 35. Nokia NB IoT Technology Product Offerings
Table 36. Nokia NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 37. Nokia Key News & Latest Developments
Table 38. Ericsson Company Summary
Table 39. Ericsson NB IoT Technology Product Offerings
Table 40. Ericsson NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 41. Ericsson Key News & Latest Developments
Table 42. Deutsche Telekom Company Summary
Table 43. Deutsche Telekom NB IoT Technology Product Offerings
Table 44. Deutsche Telekom NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 45. Deutsche Telekom Key News & Latest Developments
Table 46. ARM Company Summary
Table 47. ARM NB IoT Technology Product Offerings
Table 48. ARM NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 49. ARM Key News & Latest Developments
Table 50. Accent Advanced Systems Company Summary
Table 51. Accent Advanced Systems NB IoT Technology Product Offerings
Table 52. Accent Advanced Systems NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 53. Accent Advanced Systems Key News & Latest Developments
Table 54. Rogers Company Summary
Table 55. Rogers NB IoT Technology Product Offerings
Table 56. Rogers NB IoT Technology Revenue (US$, Mn) & (2018-2023)
Table 57. Rogers Key News & Latest Developments
List of Figures
Figure 1. NB IoT Technology Segment by Type in 2022
Figure 2. NB IoT Technology Segment by Application in 2022
Figure 3. Global NB IoT Technology Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global NB IoT Technology Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global NB IoT Technology Revenue, 2018-2032 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by NB IoT Technology Revenue in 2022
Figure 8. By Type - Global NB IoT Technology Revenue Market Share, 2018-2032
Figure 9. By Application - Global NB IoT Technology Revenue Market Share, 2018-2032
Figure 10. By Type - Global NB IoT Technology Revenue, (US$, Mn), 2022 & 2032
Figure 11. By Type - Global NB IoT Technology Revenue Market Share, 2018-2032
Figure 12. By Application - Global NB IoT Technology Revenue, (US$, Mn), 2022 & 2032
Figure 13. By Application - Global NB IoT Technology Revenue Market Share, 2018-2032
Figure 14. By Region - Global NB IoT Technology Revenue Market Share, 2018-2032
Figure 15. By Country - North America NB IoT Technology Revenue Market Share, 2018-2032
Figure 16. US NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 17. Canada NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 18. Mexico NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 19. By Country - Europe NB IoT Technology Revenue Market Share, 2018-2032
Figure 20. Germany NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 21. France NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 22. U.K. NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 23. Italy NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 24. Russia NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 25. Nordic Countries NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 26. Benelux NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 27. By Region - Asia NB IoT Technology Revenue Market Share, 2018-2032
Figure 28. China NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 29. Japan NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 30. South Korea NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 31. Southeast Asia NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 32. India NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 33. By Country - South America NB IoT Technology Revenue Market Share, 2018-2032
Figure 34. Brazil NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 35. Argentina NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 36. By Country - Middle East & Africa NB IoT Technology Revenue Market Share, 2018-2032
Figure 37. Turkey NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 38. Israel NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 39. Saudi Arabia NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 40. UAE NB IoT Technology Revenue, (US$, Mn), 2018-2032
Figure 41. Huawei NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Nokia NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Ericsson NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Deutsche Telekom NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. ARM NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Accent Advanced Systems NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Rogers NB IoT Technology Revenue Year Over Year Growth (US$, Mn) & (2018-2023)