The Europe Narrowband Internet of Things Market would witness market growth of 51.2% CAGR during the forecast period (2022-2028).
Narrowband IoT is not created to substitute conventional 4G LTE range and different mobile networks. Instead, it is developed to operate beside them – offering inexpensive and reliable performance for low-powered IoT devices. Using NB-IoT would make the using IoT easier for commercial companies, industrial firms, and other consumers.
Providing LPWA connectivity via using authorized spectrum, mobile IoT technologies are propelling a significant growth of the IoT (Internet of Things) worldwide. These adaptable technologies are being developed to connect everything from digital locks and asset trackers to sensors monitoring the environment and smart meters. Standardized by 3GPP, the two-prime mobile IoT technologies – NB-IoT and LTE-M – are assisted by large number of equipment suppliers and mobile operators, allowing the ecosystem to get benefits from economies of low production range and deployment charges.
With the 2020 Smart City Model Projects Program in which 32 projects are funded with almost EUR 350 million, the German government is supporting the development of smart cities across the nation. Cities in Europe and Germany have expanded over time, digital technologies are being introduced, and enhancing existing infrastructures could be a long-time procedure.
Several German cities have evolved their smart city concepts under a single roof. By implementing initiatives like WiFi coverage throughout the entire city and intelligent parking systems, these are some of the UK cities that are setting the pace for the smart city revolution. The development of smart cities is propelling the growth of the NB-IoT market throughout the predicted period.
The Germany market dominated the Europe Narrowband Internet of Things Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $661.2 million by 2028. The UK market is showcasing a CAGR of 49.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 52.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Alarms & Detectors, Smart Meters, Trackers, Wearable Devices, Smart Parking, Smart Lighting, and Others. Based on Deployment Mode, the market is segmented into Guard, Stand-alone, and In-band. Based on Vertical, the market is segmented into Infrastructure, Energy & Utilities, Automotive & Transportation, Agriculture, Healthcare, Consumer Electronics, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Narrowband Internet of Things Market will Hit $9.6 Billion by 2028, at a CAGR of 51.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Qualcomm, Inc., Huawei Technologies Co., Ltd. MediaTek, Inc., Nokia Corporation, Verizon Communications, Inc., AT&T, Inc., Vodafone Group Plc, Orange S.A., and Ericsson AB.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Alarms & Detectors
- Smart Meters
- Trackers
- Wearable Devices
- Smart Parking
- Smart Lighting
- Others
By Deployment Mode
- Guard
- Stand-alone
- In-band
By Vertical
- Infrastructure
- Energy & Utilities
- Automotive & Transportation
- Agriculture
- Healthcare
- Consumer Electronics
- Manufacturing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- Qualcomm, Inc.
- Huawei Technologies Co., Ltd.
- MediaTek, Inc.
- Nokia Corporation
- Verizon Communications, Inc.
- AT&T, Inc.
- Vodafone Group Plc
- Orange S.A.
- Ericsson AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Narrowband Internet of Things Market, by Component
1.4.2 Europe Narrowband Internet of Things Market, by Application
1.4.3 Europe Narrowband Internet of Things Market, by Deployment Mode
1.4.4 Europe Narrowband Internet of Things Market, by Vertical
1.4.5 Europe Narrowband Internet of Things Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Mar – 2022, Sep) Leading Players
Chapter 4. Europe Narrowband Internet of Things Market by Component
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Narrowband Internet of Things Market by Application
5.1 Europe Alarms & Detectors Market by Country
5.2 Europe Smart Meters Market by Country
5.3 Europe Trackers Market by Country
5.4 Europe Wearable Devices Market by Country
5.5 Europe Smart Parking Market by Country
5.6 Europe Smart Lighting Market by Country
5.7 Europe Others Market by Country
Chapter 6. Europe Narrowband Internet of Things Market by Deployment Mode
6.1 Europe Guard Market by Country
6.2 Europe Stand-alone Market by Country
6.3 Europe In-band Market by Country
Chapter 7. Europe Narrowband Internet of Things Market by Vertical
7.1 Europe Infrastructure Market by Country
7.2 Europe Energy & Utilities Market by Country
7.3 Europe Automotive & Transportation Market by Country
7.4 Europe Agriculture Market by Country
7.5 Europe Healthcare Market by Country
7.6 Europe Consumer Electronics Market by Country
7.7 Europe Manufacturing Market by Country
7.8 Europe Others Market by Country
Chapter 8. Europe Narrowband Internet of Things Market by Country
8.1 Germany Narrowband Internet of Things Market
8.1.1 Germany Narrowband Internet of Things Market by Component
8.1.2 Germany Narrowband Internet of Things Market by Application
8.1.3 Germany Narrowband Internet of Things Market by Deployment Mode
8.1.4 Germany Narrowband Internet of Things Market by Vertical
8.2 UK Narrowband Internet of Things Market
8.2.1 UK Narrowband Internet of Things Market by Component
8.2.2 UK Narrowband Internet of Things Market by Application
8.2.3 UK Narrowband Internet of Things Market by Deployment Mode
8.2.4 UK Narrowband Internet of Things Market by Vertical
8.3 France Narrowband Internet of Things Market
8.3.1 France Narrowband Internet of Things Market by Component
8.3.2 France Narrowband Internet of Things Market by Application
8.3.3 France Narrowband Internet of Things Market by Deployment Mode
8.3.4 France Narrowband Internet of Things Market by Vertical
8.4 Russia Narrowband Internet of Things Market
8.4.1 Russia Narrowband Internet of Things Market by Component
8.4.2 Russia Narrowband Internet of Things Market by Application
8.4.3 Russia Narrowband Internet of Things Market by Deployment Mode
8.4.4 Russia Narrowband Internet of Things Market by Vertical
8.5 Spain Narrowband Internet of Things Market
8.5.1 Spain Narrowband Internet of Things Market by Component
8.5.2 Spain Narrowband Internet of Things Market by Application
8.5.3 Spain Narrowband Internet of Things Market by Deployment Mode
8.5.4 Spain Narrowband Internet of Things Market by Vertical
8.6 Italy Narrowband Internet of Things Market
8.6.1 Italy Narrowband Internet of Things Market by Component
8.6.2 Italy Narrowband Internet of Things Market by Application
8.6.3 Italy Narrowband Internet of Things Market by Deployment Mode
8.6.4 Italy Narrowband Internet of Things Market by Vertical
8.7 Rest of Europe Narrowband Internet of Things Market
8.7.1 Rest of Europe Narrowband Internet of Things Market by Component
8.7.2 Rest of Europe Narrowband Internet of Things Market by Application
8.7.3 Rest of Europe Narrowband Internet of Things Market by Deployment Mode
8.7.4 Rest of Europe Narrowband Internet of Things Market by Vertical
Chapter 9. Company Profiles
9.1 Intel Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Qualcomm, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 MediaTek, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Nokia Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 Verizon Communications, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.7 AT&T, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 Vodafone Group Plc
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.9 Orange S.A.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 SWOT Analysis
9.10. Ericsson AB
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 2 Europe Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Narrowband Internet of Things Market
TABLE 4 Product Launches And Product Expansions– Narrowband Internet of Things Market
TABLE 5 geographical Expansions– Narrowband Internet of Things Market
TABLE 6 Europe Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 7 Europe Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 8 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 13 Europe Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 14 Europe Alarms & Detectors Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Alarms & Detectors Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Smart Meters Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Smart Meters Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Trackers Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Trackers Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Wearable Devices Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Wearable Devices Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Smart Parking Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Smart Parking Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Smart Lighting Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Smart Lighting Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 29 Europe Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 30 Europe Guard Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Guard Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Stand-alone Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Stand-alone Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe In-band Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe In-band Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 37 Europe Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 38 Europe Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Automotive & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Automotive & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 46 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 47 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 48 Europe Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 49 Europe Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 50 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 51 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 52 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 53 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 54 Europe Narrowband Internet of Things Market by Country, 2018 - 2021, USD Million
TABLE 55 Europe Narrowband Internet of Things Market by Country, 2022 - 2028, USD Million
TABLE 56 Germany Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 57 Germany Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 58 Germany Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 59 Germany Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 60 Germany Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 61 Germany Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 62 Germany Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 63 Germany Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 64 Germany Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 65 Germany Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 66 UK Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 67 UK Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 68 UK Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 69 UK Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 70 UK Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 71 UK Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 72 UK Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 73 UK Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 74 UK Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 75 UK Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 76 France Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 77 France Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 78 France Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 79 France Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 80 France Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 81 France Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 82 France Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 83 France Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 84 France Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 85 France Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 86 Russia Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 87 Russia Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 88 Russia Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 89 Russia Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 90 Russia Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 91 Russia Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 92 Russia Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 93 Russia Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 94 Russia Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 95 Russia Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 96 Spain Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 97 Spain Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 98 Spain Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 99 Spain Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 100 Spain Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 101 Spain Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 102 Spain Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 103 Spain Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 104 Spain Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 105 Spain Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 106 Italy Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 107 Italy Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 108 Italy Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 109 Italy Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 110 Italy Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 111 Italy Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 112 Italy Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 113 Italy Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 114 Italy Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 115 Italy Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 116 Rest of Europe Narrowband Internet of Things Market, 2018 - 2021, USD Million
TABLE 117 Rest of Europe Narrowband Internet of Things Market, 2022 - 2028, USD Million
TABLE 118 Rest of Europe Narrowband Internet of Things Market by Component, 2018 - 2021, USD Million
TABLE 119 Rest of Europe Narrowband Internet of Things Market by Component, 2022 - 2028, USD Million
TABLE 120 Rest of Europe Narrowband Internet of Things Market by Application, 2018 - 2021, USD Million
TABLE 121 Rest of Europe Narrowband Internet of Things Market by Application, 2022 - 2028, USD Million
TABLE 122 Rest of Europe Narrowband Internet of Things Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 123 Rest of Europe Narrowband Internet of Things Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 124 Rest of Europe Narrowband Internet of Things Market by Vertical, 2018 - 2021, USD Million
TABLE 125 Rest of Europe Narrowband Internet of Things Market by Vertical, 2022 - 2028, USD Million
TABLE 126 Key Information – Intel Corporation
TABLE 127 Key Information – Qualcomm, Inc.
TABLE 128 key information – Huawei Technologies Co., Ltd.
TABLE 129 Key Information – MediaTek, Inc.
TABLE 130 Key Information – Nokia Corporation
TABLE 131 key information – Verizon Communications, Inc.
TABLE 132 Key Information – AT&T, Inc.
TABLE 133 Key information – Vodafone Group Plc
TABLE 134 Key Information – Orange S.A.
TABLE 135 key information – Ericsson AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Mar – 2022, Sep) Leading Players
FIG 5 SWOT analysis: Intel corporation
FIG 6 SWOT Analysis: Qualcomm, Inc.
FIG 7 Recent strategies and developments: Huawei technologies Co., Ltd
FIG 8 Recent strategies and developments: MediaTek, Inc.
FIG 9 SWOT Analysis: Orange S.A.