Global Narrowband IoT Market Research Report 2023

Report ID: 1988690 | Published Date: Feb 2026 | No. of Page: 85 | Base Year: 2025 | Rating: 4.9 | Webstory: Check our Web story
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1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Transmission Distance
        1.2.1 Global Narrowband IoT Market Size Growth Rate by Transmission Distance: 2017 VS 2021 VS 2028
        1.2.2 Short-range Communication
        1.2.3 Low Power Wide Area Network
    1.3 Market by Application
        1.3.1 Global Narrowband IoT Market Share by Application: 2017 VS 2021 VS 2028
        1.3.2 Smart Governance
        1.3.3 Smart Metering
        1.3.4 Smart Buildings
        1.3.5 Smart Asset Tracking
        1.3.6 Others
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Narrowband IoT Market Perspective (2017-2028)
    2.2 Narrowband IoT Growth Trends by Region
        2.2.1 Narrowband IoT Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Narrowband IoT Historic Market Size by Region (2017-2022)
        2.2.3 Narrowband IoT Forecasted Market Size by Region (2023-2028)
    2.3 Narrowband IoT Market Dynamics
        2.3.1 Narrowband IoT Industry Trends
        2.3.2 Narrowband IoT Market Drivers
        2.3.3 Narrowband IoT Market Challenges
        2.3.4 Narrowband IoT Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Narrowband IoT Players by Revenue
        3.1.1 Global Top Narrowband IoT Players by Revenue (2017-2022)
        3.1.2 Global Narrowband IoT Revenue Market Share by Players (2017-2022)
    3.2 Global Narrowband IoT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Narrowband IoT Revenue
    3.4 Global Narrowband IoT Market Concentration Ratio
        3.4.1 Global Narrowband IoT Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Narrowband IoT Revenue in 2021
    3.5 Narrowband IoT Key Players Head office and Area Served
    3.6 Key Players Narrowband IoT Product Solution and Service
    3.7 Date of Enter into Narrowband IoT Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Narrowband IoT Breakdown Data by Type
    4.1 Global Narrowband IoT Historic Market Size by Type (2017-2022)
    4.2 Global Narrowband IoT Forecasted Market Size by Type (2023-2028)
5 Narrowband IoT Breakdown Data by Application
    5.1 Global Narrowband IoT Historic Market Size by Application (2017-2022)
    5.2 Global Narrowband IoT Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Narrowband IoT Market Size (2017-2028)
    6.2 North America Narrowband IoT Market Size by Country (2017-2022)
    6.3 North America Narrowband IoT Market Size by Country (2023-2028)
    6.4 United States
    6.5 Canada
7 Europe
    7.1 Europe Narrowband IoT Market Size (2017-2028)
    7.2 Europe Narrowband IoT Market Size by Country (2017-2022)
    7.3 Europe Narrowband IoT Market Size by Country (2023-2028)
    7.4 Germany
    7.5 France
    7.6 U.K.
    7.7 Italy
    7.8 Russia
    7.9 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Narrowband IoT Market Size (2017-2028)
    8.2 Asia-Pacific Narrowband IoT Market Size by Country (2017-2022)
    8.3 Asia-Pacific Narrowband IoT Market Size by Country (2023-2028)
    8.4 China
    8.5 Japan
    8.6 South Korea
    8.7 Southeast Asia
    8.8 India
    8.9 Australia
9 Latin America
    9.1 Latin America Narrowband IoT Market Size (2017-2028)
    9.2 Latin America Narrowband IoT Market Size by Country (2017-2022)
    9.3 Latin America Narrowband IoT Market Size by Country (2023-2028)
    9.4 Mexico
    9.5 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Narrowband IoT Market Size (2017-2028)
    10.2 Middle East & Africa Narrowband IoT Market Size by Country (2017-2022)
    10.3 Middle East & Africa Narrowband IoT Market Size by Country (2023-2028)
    10.4 Turkey
    10.5 Saudi Arabia
    10.6 UAE
11 Key Players Profiles
    11.1 Huawei Technologies
        11.1.1 Huawei Technologies Company Detail
        11.1.2 Huawei Technologies Business Overview
        11.1.3 Huawei Technologies Narrowband IoT Introduction
        11.1.4 Huawei Technologies Revenue in Narrowband IoT Business (2017-2022)
        11.1.5 Huawei Technologies Recent Development
    11.2 Vodafone
        11.2.1 Vodafone Company Detail
        11.2.2 Vodafone Business Overview
        11.2.3 Vodafone Narrowband IoT Introduction
        11.2.4 Vodafone Revenue in Narrowband IoT Business (2017-2022)
        11.2.5 Vodafone Recent Development
    11.3 Emirates Telecommunications
        11.3.1 Emirates Telecommunications Company Detail
        11.3.2 Emirates Telecommunications Business Overview
        11.3.3 Emirates Telecommunications Narrowband IoT Introduction
        11.3.4 Emirates Telecommunications Revenue in Narrowband IoT Business (2017-2022)
        11.3.5 Emirates Telecommunications Recent Development
    11.4 Telecom Italia
        11.4.1 Telecom Italia Company Detail
        11.4.2 Telecom Italia Business Overview
        11.4.3 Telecom Italia Narrowband IoT Introduction
        11.4.4 Telecom Italia Revenue in Narrowband IoT Business (2017-2022)
        11.4.5 Telecom Italia Recent Development
    11.5 Qualcomm
        11.5.1 Qualcomm Company Detail
        11.5.2 Qualcomm Business Overview
        11.5.3 Qualcomm Narrowband IoT Introduction
        11.5.4 Qualcomm Revenue in Narrowband IoT Business (2017-2022)
        11.5.5 Qualcomm Recent Development
    11.6 China Unicom
        11.6.1 China Unicom Company Detail
        11.6.2 China Unicom Business Overview
        11.6.3 China Unicom Narrowband IoT Introduction
        11.6.4 China Unicom Revenue in Narrowband IoT Business (2017-2022)
        11.6.5 China Unicom Recent Development
    11.7 Intel
        11.7.1 Intel Company Detail
        11.7.2 Intel Business Overview
        11.7.3 Intel Narrowband IoT Introduction
        11.7.4 Intel Revenue in Narrowband IoT Business (2017-2022)
        11.7.5 Intel Recent Development
    11.8 Ericsson
        11.8.1 Ericsson Company Detail
        11.8.2 Ericsson Business Overview
        11.8.3 Ericsson Narrowband IoT Introduction
        11.8.4 Ericsson Revenue in Narrowband IoT Business (2017-2022)
        11.8.5 Ericsson Recent Development
    11.9 Nokia Networks
        11.9.1 Nokia Networks Company Detail
        11.9.2 Nokia Networks Business Overview
        11.9.3 Nokia Networks Narrowband IoT Introduction
        11.9.4 Nokia Networks Revenue in Narrowband IoT Business (2017-2022)
        11.9.5 Nokia Networks Recent Development
    11.10 Verizon Communication
        11.10.1 Verizon Communication Company Detail
        11.10.2 Verizon Communication Business Overview
        11.10.3 Verizon Communication Narrowband IoT Introduction
        11.10.4 Verizon Communication Revenue in Narrowband IoT Business (2017-2022)
        11.10.5 Verizon Communication Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

List of Tables
    Table 1. Global Narrowband IoT Market Size Growth Rate by Type (US$ Million): 2017 VS 2021 VS 2028
    Table 2. Key Players of Short-range Communication
    Table 3. Key Players of Low Power Wide Area Network
    Table 4. Global Narrowband IoT Market Size Growth by Application (US$ Million): 2017 VS 2021 VS 2028
    Table 5. Global Narrowband IoT Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 6. Global Narrowband IoT Market Size by Region (2017-2022) & (US$ Million)
    Table 7. Global Narrowband IoT Market Share by Region (2017-2022)
    Table 8. Global Narrowband IoT Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 9. Global Narrowband IoT Market Share by Region (2023-2028)
    Table 10. Narrowband IoT Market Trends
    Table 11. Narrowband IoT Market Drivers
    Table 12. Narrowband IoT Market Challenges
    Table 13. Narrowband IoT Market Restraints
    Table 14. Global Narrowband IoT Revenue by Players (2017-2022) & (US$ Million)
    Table 15. Global Narrowband IoT Market Share by Players (2017-2022)
    Table 16. Global Top Narrowband IoT Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Narrowband IoT as of 2021)
    Table 17. Ranking of Global Top Narrowband IoT Companies by Revenue (US$ Million) in 2021
    Table 18. Global 5 Largest Players Market Share by Narrowband IoT Revenue (CR5 and HHI) & (2017-2022)
    Table 19. Key Players Headquarters and Area Served
    Table 20. Key Players Narrowband IoT Product Solution and Service
    Table 21. Date of Enter into Narrowband IoT Market
    Table 22. Mergers & Acquisitions, Expansion Plans
    Table 23. Global Narrowband IoT Market Size by Type (2017-2022) & (US$ Million)
    Table 24. Global Narrowband IoT Revenue Market Share by Type (2017-2022)
    Table 25. Global Narrowband IoT Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 26. Global Narrowband IoT Revenue Market Share by Type (2023-2028)
    Table 27. Global Narrowband IoT Market Size by Application (2017-2022) & (US$ Million)
    Table 28. Global Narrowband IoT Revenue Market Share by Application (2017-2022)
    Table 29. Global Narrowband IoT Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 30. Global Narrowband IoT Revenue Market Share by Application (2023-2028)
    Table 31. North America Narrowband IoT Market Size by Country (2017-2022) & (US$ Million)
    Table 32. North America Narrowband IoT Market Size by Country (2023-2028) & (US$ Million)
    Table 33. Europe Narrowband IoT Market Size by Country (2017-2022) & (US$ Million)
    Table 34. Europe Narrowband IoT Market Size by Country (2023-2028) & (US$ Million)
    Table 35. Asia-Pacific Narrowband IoT Market Size by Region (2017-2022) & (US$ Million)
    Table 36. Asia-Pacific Narrowband IoT Market Size by Region (2023-2028) & (US$ Million)
    Table 37. Latin America Narrowband IoT Market Size by Country (2017-2022) & (US$ Million)
    Table 38. Latin America Narrowband IoT Market Size by Country (2023-2028) & (US$ Million)
    Table 39. Middle East & Africa Narrowband IoT Market Size by Country (2017-2022) & (US$ Million)
    Table 40. Middle East & Africa Narrowband IoT Market Size by Country (2023-2028) & (US$ Million)
    Table 41. Huawei Technologies Company Detail
    Table 42. Huawei Technologies Business Overview
    Table 43. Huawei Technologies Narrowband IoT Product
    Table 44. Huawei Technologies Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 45. Huawei Technologies Recent Development
    Table 46. Vodafone Company Detail
    Table 47. Vodafone Business Overview
    Table 48. Vodafone Narrowband IoT Product
    Table 49. Vodafone Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 50. Vodafone Recent Development
    Table 51. Emirates Telecommunications Company Detail
    Table 52. Emirates Telecommunications Business Overview
    Table 53. Emirates Telecommunications Narrowband IoT Product
    Table 54. Emirates Telecommunications Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 55. Emirates Telecommunications Recent Development
    Table 56. Telecom Italia Company Detail
    Table 57. Telecom Italia Business Overview
    Table 58. Telecom Italia Narrowband IoT Product
    Table 59. Telecom Italia Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 60. Telecom Italia Recent Development
    Table 61. Qualcomm Company Detail
    Table 62. Qualcomm Business Overview
    Table 63. Qualcomm Narrowband IoT Product
    Table 64. Qualcomm Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 65. Qualcomm Recent Development
    Table 66. China Unicom Company Detail
    Table 67. China Unicom Business Overview
    Table 68. China Unicom Narrowband IoT Product
    Table 69. China Unicom Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 70. China Unicom Recent Development
    Table 71. Intel Company Detail
    Table 72. Intel Business Overview
    Table 73. Intel Narrowband IoT Product
    Table 74. Intel Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 75. Intel Recent Development
    Table 76. Ericsson Company Detail
    Table 77. Ericsson Business Overview
    Table 78. Ericsson Narrowband IoT Product
    Table 79. Ericsson Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 80. Ericsson Recent Development
    Table 81. Nokia Networks Company Detail
    Table 82. Nokia Networks Business Overview
    Table 83. Nokia Networks Narrowband IoT Product
    Table 84. Nokia Networks Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 85. Nokia Networks Recent Development
    Table 86. Verizon Communication Company Detail
    Table 87. Verizon Communication Business Overview
    Table 88. Verizon Communication Narrowband IoT Product
    Table 89. Verizon Communication Revenue in Narrowband IoT Business (2017-2022) & (US$ Million)
    Table 90. Verizon Communication Recent Development
    Table 91. Research Programs/Design for This Report
    Table 92. Key Data Information from Secondary Sources
    Table 93. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Narrowband IoT Market Share by Type: 2021 VS 2028
    Figure 2. Short-range Communication Features
    Figure 3. Low Power Wide Area Network Features
    Figure 4. Global Narrowband IoT Market Share by Application in 2021 & 2028
    Figure 5. Smart Governance Case Studies
    Figure 6. Smart Metering Case Studies
    Figure 7. Smart Buildings Case Studies
    Figure 8. Smart Asset Tracking Case Studies
    Figure 9. Others Case Studies
    Figure 10. Narrowband IoT Report Years Considered
    Figure 11. Global Narrowband IoT Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 12. Global Narrowband IoT Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 13. Global Narrowband IoT Market Share by Region: 2021 VS 2028
    Figure 14. Global Narrowband IoT Market Share by Players in 2021
    Figure 15. Global Top Narrowband IoT Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Narrowband IoT as of 2021)
    Figure 16. The Top 10 and 5 Players Market Share by Narrowband IoT Revenue in 2021
    Figure 17. North America Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 18. North America Narrowband IoT Market Share by Country (2017-2028)
    Figure 19. United States Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 20. Canada Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 21. Europe Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 22. Europe Narrowband IoT Market Share by Country (2017-2028)
    Figure 23. Germany Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 24. France Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 25. U.K. Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 26. Italy Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. Russia Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. Nordic Countries Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Asia-Pacific Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 30. Asia-Pacific Narrowband IoT Market Share by Region (2017-2028)
    Figure 31. China Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 32. Japan Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 33. South Korea Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 34. Southeast Asia Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 35. India Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 36. Australia Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Latin America Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 38. Latin America Narrowband IoT Market Share by Country (2017-2028)
    Figure 39. Mexico Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 40. Brazil Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 41. Middle East & Africa Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 42. Middle East & Africa Narrowband IoT Market Share by Country (2017-2028)
    Figure 43. Turkey Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 44. Saudi Arabia Narrowband IoT Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 45. Huawei Technologies Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 46. Vodafone Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 47. Emirates Telecommunications Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 48. Telecom Italia Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 49. Qualcomm Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 50. China Unicom Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 51. Intel Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 52. Ericsson Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 53. Nokia Networks Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 54. Verizon Communication Revenue Growth Rate in Narrowband IoT Business (2017-2022)
    Figure 55. Bottom-up and Top-down Approaches for This Report
    Figure 56. Data Triangulation
    Figure 57. Key Executives Interviewed
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Companies Included in Reports:
Huawei Technologies
Vodafone
Emirates Telecommunications
Telecom Italia
Qualcomm
China Unicom
Intel
Ericsson
Nokia Networks
Verizon Communication
Frequently Asked Questions
Narrowband IoT report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Narrowband IoT report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Narrowband IoT report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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