Narrowband IoT (NB-IoT) is a Low Power Wide Area Network (LPWAN) radio technology standard developed by 3GPP to enable a wide range of cellular devices and services. NB-IoT uses a subset of the LTE standard, but limits the bandwidth to a single narrow-band of 200kHz.
This report contains market size and forecasts of Long-Term Evolution (LTE) Internet of Things (IoT) in Global, including the following market information:
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Long-Term Evolution (LTE) Internet of Things (IoT) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
NB-IoT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Long-Term Evolution (LTE) Internet of Things (IoT) include Ericsson, Vodafone, Telstra, Sierra Wireless, PureSoftware, Sequans Communications, Orange, T-Mobile and Telus, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Long-Term Evolution (LTE) Internet of Things (IoT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Segment Percentages, by Type, 2021 (%)
NB-IoT
LTE-M
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Energy and Utilities
Transportation and Logistics
Healthcare
Agriculture
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Long-Term Evolution (LTE) Internet of Things (IoT) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Long-Term Evolution (LTE) Internet of Things (IoT) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Long-Term Evolution (LTE) Internet of Things (IoT) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ericsson
Vodafone
Telstra
Sierra Wireless
PureSoftware
Sequans Communications
Orange
T-Mobile
Telus
MediaTek
Athonet
NetNumber
Telensa
Actility
Link Labs