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NB-IoT Report 2018: Market Dynamics 2016-2022
March 23, 2018 | PRNewswireEstimated reading time: 1 minute
The market opportunity, competitive threats and status of NB-IoT network rollouts and commercial deployments, based on 250 interviews by phone and online surveys as well as an exhaustive review of the NB-IoT value system. It includes market size forecasts (2016-2022) for connected devices, annual unit shipments and breakdowns by market, application, technology, geography and equipment/services; the results from several surveys; an in-depth technology evaluation that compares NB-IoT to LoRaWAN and other LPWA technologies; and an in-depth analysis of the growing NB-IoT ecosystem.
Narrowband Internet of Things (NB-IoT) has reached critical mass with announced deployment plans growing exponentially. Last year, the NB-IoT market was driven by a handful of operators, primarily in Asia and Europe. Today, there are dozens of network operators with NB-IoT networks or plans including in the U.S. where Verizon, Sprint and T-Mobile are fast tracking their NB-IoT development. By the end of 2018, most of the U.S., Europe and Asia Pacific will be covered by at least one NB-IoT network.
Despite the early lead by unlicensed Low Power Wide Area (LPWA) networking technologies such as LoRa and Sigfox, the NB-IoT ecosystem is rapidly over taking them. Dual mode options have driven much of the initial NB-IoT market where both LTE-M-- a higher bandwidth option that supports voice and mobility-- and NB-IoT protocols are integrated into the same chipset. Lower chip costs, better performance and a roadmap that includes over-the air-updates, voice and mobility will ensure that NB-IoT overtakes LTE-M in the near term and Sigfox and LoRa within the next five years.
The "NB-IoT: Market Dynamics" report has been added to ResearchAndMarkets.com's offering.
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