Narrowband IoT (NB-IoT) MARKET 2020 | COVID19 IMPACT ANALYSIS | TOP COMPANIES

1. Narrowband Narrowband IoT (NB (NB- -IoT IoT) Market to ) Market to Reach USD 200.04 Reach USD 200.04 Million By 2026 Million By 2026 IoT

2. Market Market Summary Summary Increasing application of IoT and rise in demand of network-enabled devices is fueling the market. Market Size – USD 16.9 million in 2018, Market Growth - CAGR of 25.9%, Market Trends – Growth in IoT applications 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.

3. Market Market Summary Summary 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. Request a sample of the Narrowband IoT (NB-IoT) Market report @ https://www.reportsanddata.com/sample-enquiry-form/1201

4. Market Market Summary Summary Key market players include 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. Offering Outlook (Revenue, USD Million; 2018-2026) • Hardware • Software • Services Deployment Outlook (Revenue, USD Million; 2018-2026) • Soil Standalone • Guard Band • In-Band To know more about the report, visit @ https://www.reportsanddata.com/report-detail/narrowband-iot-nb- iot-market

5. Market Market Summary Summary Further key findings from the report suggest Devices Outlook (Revenue, USD Million; 2018-2026) • Smart Appliance • Smart Meters • Trackers • Alarms and Detectors • Wearable devices End-Use Outlook (Revenue, USD Million; 2018-2026) • Agriculture • Automotive & Transportation • Energy • Healthcare • Manufacturing • Retail • Safety & Security • Infrastructure, • Building Automation • Others

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