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Global Narrowband IOT Market – Industry Trends and Forecast to 2024 Global Narrowband IoT Market, By Geography; Application Software (Security solutions, Real-time streaming analytics, Soil monitoring solutions, Asset tracking solutions, Logistics tracking solutions, Smart parking management solutions); Technology Services; Smart Application; Vertical – Industry Trends and Forecast to 2024 The global narrowband IoT market accounted for USD 282.1 million in 2016 growing at a CAGR of 92.2% during the forecast period of 2017 to 2024.

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Major market drivers & restraints: •

Growing demand for LPWAN use cases across verticals

High deployment flexibility with GSM, WCDMA, Or LTE

Extended coverage and long battery life

Low deployment cost

Transformation downtime during up gradation of existing base stations

Competition from rival LPWAN technologies

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Market Segmentation •

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The global narrowband IoT market is segmented on the basis of application software into security solutions, real time streaming analytics, soil monitoring solutions, asset tracking solutions, logistics tracking solutions, smart parking management solutions, and others. On the basis of technology services, the global narrowband IoT market is segmented into professional services, and managed services. On the basis of smart applications, the global narrowband IoT market is segmented into smart governance, smart metering, smart buildings, smart asset tracking, ad others. On the basis of vertical, the global narrowband IoT market is segmented into agriculture, logistics and transportation, healthcare, industrial manufacturing, energy and utilities, retail, 3 and others.

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Regional Analysis Based on geography, the market is segmented into five geographical regions 

North America

Europe

Asia-Pacific

South America

Middle East

Africa

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Major Key Players Some of the major players operating in this market are :

AT&T China Mobile Limited. Orange SK TELECOM CO., LTD. Vodafone Group China Unicom (Hong Kong) Limited  Deutsche Telekom AG Etisalat Among Others Request Sample Report : http://databridgemarketresearch.com/request-asample/?dbmr=global-narrowband-iot-market/

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Global Narrowband IOT Market – Industry Trends and Forecast to 2024  

The global narrowband IoT market accounted for USD 282.1 million in 2016 growing at a CAGR of 92.2% during the forecast period of 2017 to 20...

Global Narrowband IOT Market – Industry Trends and Forecast to 2024  

The global narrowband IoT market accounted for USD 282.1 million in 2016 growing at a CAGR of 92.2% during the forecast period of 2017 to 20...

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