Narrowband IoT Enterprise Application Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-736 | Report Format : | Status : Upcoming |

Abstract

Global Narrowband IoT Enterprise Application Market: Overview

The LPWA market is the market in which there are many shortcomings such as poor security, poor reliability and high maintenance and operational costs. These problems are created by the new technologies that are supporting this market are uneven and not standardized. The narrowband IoT enterprise overcomes all these problems as it consists of features such as wide area ubiquitous coverage, low-power consumption with the assurance of high battery life, low-cost terminal, high carrier class network security with reliability, fast upgrade of the network, high coupling, plug and play and unified business platform management. The initial installation cost may be high but is worthy in the long run.

Global Narrowband IoT Enterprise Application Market: Segmentation

The global narrowband IoT enterprise application market is segmented on the basis of application software, vertical, technology service, smart application, and regions. Based on the application software, the global market is segmented into security solutions, soil monitoring, logistics tracking solutions, real-time streaming analytics, asset tracking solutions, smart parking management solutions and others. On the basis of the technology, the global narrowband IoT enterprise application market is segregated into professional and managed. Based on the vertical, the global market is categorized into agriculture, healthcare, energy and utilities, logistics and transportation, manufacturing, retail, and others. The narrowband IoT enterprise application market has different smart applications such as smart governance, smart buildings, smart metering, smart asset tracking and others. Region wise, global the narrowband IoT enterprise application market is diversified into Europe, the Middle East and Africa, North America, Asia-Pacific and Latin America.

Global Narrowband IoT Enterprise Application Market: Growth Factors

The global narrowband IoT enterprise application market is growing owing to the rise in demand for the low-power wide area network across different verticals. The factors that are driving the global market growth include high deployment flexibility with GSM, extended coverage and long battery life and WCDMA or LTE. In the coming years, smart metering is expected to dominate the market of narrowband IoT enterprise application. The smart metering is further sub-segmented into smart gas, smart water, and smart electric. These are all important elements in case of smart cities as they are used for utility billing and monitoring. The utilization of the energy is accurately measured with the help of these meters, hence increasing the demand of the narrowband IoT enterprise application market. Among others, asset tracking is also witnessing a rise in the market growth. Asset tracking helps in wireless asset tracking, control of products and sensing which provides round-the-clock visibility about the state of the assets. The mapping abilities of asset tracking with the custom data help in yielding information about any asset being tracked. The restraining factors for the narrowband IoT enterprise application market are competition from the LPWAN technologies and the downtime of the IT systems.

Global Narrowband IoT Enterprise Application Market: Regional Analysis

The region that contributes the maximum share in the narrowband IoT enterprise application market is the Asia-Pacific region. This share is owing to the latest growth of the smart cities in the region, hence a large number of advanced software and smart applications are being implemented which is triggering the global market growth. The other developed regions such as North America and Europe are also contributing to the market growth owing to its high investments in the development of the smart cities.

Global Narrowband IoT Enterprise Application Market: Competitive Players

Some of the major companies in the narrowband IoT enterprise application market are China Mobile, China Mobile, SK Telecom, Etisalat, Telstra, Telefonica, Vodafone Group PLC, China Unicom, AT&T, Orange S.A. and Deutsche Telekom.

Global Narrowband IoT Enterprise Application Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Real Time Location System (RTLS) Market by Component (Hardware, Software, and Service), By Technology (Radio Frequency Identification [Active RFID and Passive RFID], Wi-Fi, Ultra-Wide Band, Ultrasound, Infrared, Bluetooth Low Energy, GPS, WhereNet, and ZigBee), By Vertical (Transportation & Logistics, Healthcare, Government, Retail, Industrial, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2796 | Report Format:

Report Brief The report covers forecast and analysis for the real time location system (RTLS) market on a global and regional level. The report also provides historical data of past two years of the market for better understanding the dynamics and trends prevalent in the market. The report inc...Read More

Cloud Storage Gateway (CSG) Market by Type (Virtual Cloud Storage Appliances and Physical Cloud Storage Appliances), by Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud) for Manufacturing, Healthcare & Life Sciences, Media and Entertainment, BFSI, Retail, Research and Education, and Others by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2023

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2795 | Report Format:

The report covers forecast and analysis for the Cloud Storage Gateway (CSG) market on a global and regional level. The study provides historic data of 2015 -2017 along with a forecast from 2018 to 2023 based on revenue (USD Million). The study includes drivers and restraints for the Cloud Storage ...Read More

Facilities Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2794 | Report Format:

Global Facilities Management Market: Overview Facilities management market aims to attain efficient and effective delivery of a variety of support facilities for various firms. It mainly coordinates among the demand and supply services between private and public companies. The current cutthroat ...Read More

Online On-demand Laundry Service Market by Type (Laundry, Dry clean, and Duvet clean); by Application (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016– 2024

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2789 | Report Format:

Report Brief The report covers the forecast and analysis for the online on-demand laundry service market on the global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Market opportunities are discussed in detail in th...Read More

DNS Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2787 | Report Format:

Global DNS Service Market: Overview The DNS stands for domain name system; it is a way in which the domain names of the internet are sited and are converted into internet protocol addresses. It links different information with domain given names assigned to each one of the joining units. Most si...Read More

Download Table Of Content Click To Download Sample
Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.