Narrowband IoT (NB-IoT) Market Global Trend, and Opportunities to 2026

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Narrowband IoT (NB-IoT) Market to Reach USD
200.04 Million By 2026
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Market Size USD 16.9 million in 2018, Market
Growth - CAGR of 25.9, Market Trends Growth in
IoT applications
Market Summary
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.

• Further key findings from the report suggest
• NB-IoT market is growing at a CAGR of 25.9. It
  had a market value of USD 16.9 million in the
  year 2018 and is predicted to reach 200.04
  million by 2026.
• Several driving factors like surge in deployment
  of IoT and rise in demand for smart cities and
  infrastructure is fueling the market further.
  Rise in demand for telematics, navigation, in-car
  infotainment services is driving the market in
  automotive and transportation industry.

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Market Summary
Key Players
Key participants 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.
Segmentation
Offering Outlook (Revenue, USD Million
2018-2026) Hardware Software Services Deployment
Outlook (Revenue, USD Million 2018-2026) Soil
Standalone Guard Band In-Band
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Market Summary

• Regional Outlook for Assessment Services Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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