Global Narrowband Internet Access Services Market, By Component (Network, Module), Deployment (In-Band, Guard-Band, Standalone), Type (Security Solutions, Real-Time Streaming Analytics, Soil Monitoring Solutions, Asset Tracking Solutions, Logistics Tracking Solutions, Smart Parking Management Solutions, Others), Application (Smart Governance, Smart Metering, Smart Buildings, Smart Asset Tracking), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Narrowband internet access services market will grow at a CAGR of 32.70% in the forecast period of 2020 to 2027. The rising demand for wearable devices due to COVID-19 outbreak is an essential factor driving the narrowband internet access services market.
The growing adoption of IoT and rise in use of connected devices is a crucial factor accelerating the market growth, also increasing demand for low-power, low-cost, and long-range connectivity technologies, widening applications of NB-IoT technology and rising participation of industry players in development of NB-IoT are the major factors among others boosting the narrowband internet access services market. Moreover, emerging smart cities and smart buildings and modernization will further create new opportunities for narrowband internet access services market in the forecast period mentioned above.
However, stiff competition from other LPWA technologies and rising privacy and security concerns are the major factors among others which will curtail the market growth, and will further challenge the narrowband internet access services market in the forecast period mentioned above.
This narrowband internet access services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on narrowband internet access services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Narrowband internet access services market is segmented on the basis of component, deployment, type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the narrowband internet access services market is segmented into network and module.
- Based on deployment, the narrowband internet access services market is segmented into in-band, guard-band and standalone.
- Based on type, the narrowband internet access services market is segmented into security solutions, real-time streaming analytics, soil monitoring solutions, asset tracking solutions, logistics tracking solutions, smart parking management solutions and others.
- The narrowband internet access services market is also segmented on the basis of application into smart governance, smart metering, smart buildings and smart asset tracking.
Global Narrowband Internet Access Services Market Scope Country Level Analysis
Narrowband internet access services market is analysed and market size, volume information is provided by country, component, deployment, type and application as referenced above.
The countries covered in the narrowband internet access services market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the narrowband internet access services market due to growing levels of disposable income, rising tech-savvy population, and continued adoption of emerging technologies for personal and business applications. Asia-Pacific is the expected region in terms of growth in narrowband internet access services market due to the increasing internet penetration, rising number of smart city initiatives, and rising levels of disposable income in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Narrowband Internet Access Services Market Share Analysis
Narrowband internet access services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to narrowband internet access services market.
The major players covered in narrowband internet access services market report are AT&T Intellectual Property., China Mobile Limited., Orange, SK TELECOM CO., LTD., Arm Limited, Vodafone Group, China Unicom (Hong Kong) Limited., Deutsche Telekom AG, Etisalat., Telstra Corporation Limited, Telefonaktiebolaget LM Ericsson, Nokia, Sierra Wireless., Qualcomm Technologies, Inc., u-blox, ZTE Corporation, SEQUANS, Serecomm Corporation, Gemalto NV, Telit, SAMSUNG, Intel Corporation, CHEERZING and Huawei Technologies Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Narrowband Internet Access Services Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.