New York, NY -- (SBWIRE) -- 06/29/2018 -- "Global Narrowband Iot Market will be valued at US$1052.69 mn by the end of 2025, expanding at a CAGR of 33.12% between 2018 and 2025."

Narrowband IoT offers advantages such as reduced cost and reduced power consumption for an increased coverage area which is primarily boosting the adoption of emerging narrowband IoT technology. The Narrowband IoT (NB-IoT), also known as LTE Cat NB1 is a low power wide area network technology (LPWA) standard that connects a wide range of devices and services on established cellular network. NB-IoT is well suited for applications that deals with small amount of infrequent data transfer over long period of time. NB-IoT operates in licensed spectrum that offers secure and reliable connectivity while assuring quality of service.

Global Narrowband IoT Market report analyses the Narrowband IoT (NB-IoT) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Narrowband IoT (NB-IoT) market by companies, region, type and end-use industry. Narrowband IoT can be deployed across several frequency bands using a bandwidth of 200 kHz to provide better indoor coverage as compared to GSM. Some other advantages of narrowband IoT include battery life of more than 10 years, high level of security, and compatibility with existing cellular infrastructure and low-cost device.

Top key Vendors:
Vodafone Group Plc,China Mobile,China Telecom,AT&T,Etisalat,Telstra,Orange S.A.,Telefonica,SK Telecom,Deutsche Telekom

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In terms of components, the narrowband IoT market is divided into hardware, software and services. Hardware segments are subdivided into modules and others. Of these, the hardware segment is a key part of sales in the global narrowband IoT market. This is largely due to the adoption of narrowband IoT technology across multiple industries. However, the service sector is expected to outperform in terms of growth over the forecast period.
North America is dominating the market of Narrowband- IoT Market due to the increasing adoption of IoT and cloud-based services in this region. The growing demand of efficient and low-cost connectivity technology in this region is also supporting the market of Narrowband- IoT market. The narrowband IoT market by application is divided into smart weighing, alarm and event detectors, smart beans, asset tracking, smart parking and others. Smart Segmentation, Smart Wear, Logistics and Container Tracking, Smart Key Monitoring Solutions, Engineering Truck Predictive Maintenance Solutions, Pollution Monitoring, etc.

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Table of Content:
Global Narrowband IoT Market Research Report 2018-2023
Chapter 1 Narrowband IoT Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region (2018-2023)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2023)
Chapter 13 Appendix