Global Narrowband IoT Access Service Market Growth (Status and Outlook) 2025-2031
The global Narrowband IoT Access Service market size is predicted to grow from US$ 7060 million in 2025 to US$ 9506 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.
Narrowband IoT (NB-IoT) is a wireless internet of things (IoT) protocol using low-power wide area network (LPWAN) technology. It was developed by 3GPP for cellular wireless communication that enables a wide range of new NB-IoT devices and services. NB-IoT is one of the three main 3GPP LPWAN standards.
The global Narrowband IoT (NB-IoT) access service market refers to the industry segment that provides network connectivity for devices and applications using NB-IoT technology. NB-IoT is a low-power, wide-area network (LPWAN) technology designed specifically for Internet of Things (IoT) applications.
Key Factors Driving Growth:
- Increasing Adoption of IoT
- Cost-Efficiency
- Extended Coverage
- Battery Life Optimization
- Security and Reliability
- Industry-Specific Applications
Segmentation by Type:
- Security Solutions
- Real-Time Streaming Analytics
- Soil Monitoring Solutions
- Asset Tracking Solutions
- Logistics Tracking Solutions
- Smart Parking Management Solutions
- Others
Segmentation by Application:
- Smart Governance
- Smart Metering
- Smart Buildings
- Smart Asset Tracking
Market by Region:
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries
Companys Coverage:
- SES S.A.
- Inmarsat Global Limited
- Iridium Communications
- Viasat
- EchoStar Corporation
- EarthLink LLC
- Intelsat
- Eutelsat
- ST Engineering iDirect
- Singapore Telecommunications Limited
- KVH Mobile World
- SpeedCast
- Gilat Telecom
- Hispasat
- China Telecom Global Limited
- China Unicom
- Nippon Telegraph & Telephone East Corp
- AT&T Intellectual Property
- Deutsche Telekom AG
- Verizon Communications
- Cambium Networks
- Intracom Telecom
Key Questions Addressed in this Report:
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market