Private Narrowband IoT

Private Narrowband IoT Market Outlook

The global Private Narrowband IoT market is poised for significant growth, projected to reach USD 12.5 billion by 2035, with a compound annual growth rate (CAGR) of approximately 25.5% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing need for reliable connectivity in various industries, as organizations seek to improve operational efficiencies, reduce costs, and enhance data-driven decision-making. The rising adoption of IoT devices, combined with favorable government policies promoting smart technology initiatives, is further propelling the market's expansion. Additionally, the ongoing digital transformation across sectors such as healthcare, agriculture, and manufacturing is driving demand for Private Narrowband IoT solutions, as they offer secure and efficient communication channels suited to specific enterprise needs. The convergence of advancements in communication technologies and a growing focus on automation and remote monitoring is creating extensive opportunities for market players.

Growth Factor of the Market

The growth of the Private Narrowband IoT market is primarily driven by the need for enhanced connectivity solutions that cater to low-power, wide-area network (LPWAN) requirements. As industries increasingly harness the power of connected devices, the demand for private networks that ensure data security and reduced latency has surged. Furthermore, the rapid expansion of smart city projects around the globe is pushing for better resource management and improved infrastructure, which can be effectively achieved through Private Narrowband IoT. The ability of such networks to support a vast number of devices with minimal energy consumption is particularly appealing to enterprises aiming to optimize their operations. Additionally, the ongoing advancements in network technologies, including 5G, are expected to further bolster the market, allowing for increased data throughput and connectivity reliability. The collaborative efforts between governments and private sector players to foster IoT ecosystems are also significant contributors to market growth.

Key Highlights of the Market

• The market is projected to reach USD 12.5 billion by 2035.
• CAGR of approximately 25.5% from 2025 to 2035.
• Rising adoption of IoT devices across various industries.
• Increasing focus on smart city initiatives and digital transformation.
• Strong demand for secure and efficient communication solutions.

By Product Type

Sensors:

Sensors play a pivotal role in the Private Narrowband IoT market as they facilitate the collection of real-time data from various environments. These devices are configured to the specific needs of applications, such as temperature monitoring, motion detection, and environmental sensing. The growing trend of implementing smart technologies in industries like agriculture and manufacturing is significantly driving the demand for advanced sensors. They provide crucial insights into operational efficiencies, enabling proactive decision-making and maintenance activities. Additionally, technological advancements in sensor technology, such as miniaturization and enhanced sensitivity, are contributing to their growing adoption. The integration of sensors with analytics platforms allows organizations to derive actionable intelligence from the data collected, further cementing their importance within the Private Narrowband IoT ecosystem.

Modules:

Modules that provide connectivity capabilities are essential to the functionality of Private Narrowband IoT systems. These modules enable devices to communicate across various networks, offering essential links between sensors and data processing platforms. The increasing need for real-time data transmission in sectors such as healthcare and logistics is driving the demand for compact and efficient IoT modules. Additionally, advancements in technologies such as LPWAN are enhancing module capabilities, allowing them to operate over extended distances while consuming minimal power. The ability of these modules to support diverse connectivity standards is also appealing to organizations aiming for interoperability across multiple devices and platforms. As the trend toward automation and remote monitoring continues to gain traction, the reliance on robust IoT modules is expected to increase significantly.

Connectivity Services:

Connectivity services are a critical component of the Private Narrowband IoT market, providing the necessary infrastructure for devices to communicate effectively. These services include network management, data routing, and security protocols, which ensure that data is transmitted securely and efficiently across networks. As organizations increasingly seek reliable connectivity for their IoT devices, the demand for specialized connectivity services is on the rise. The ability to customize connectivity solutions to meet specific industry requirements is a significant factor driving market growth. Moreover, the expansion of 5G networks is anticipated to enhance connectivity services, offering high-speed data transmission and improved network capacity. This evolution in connectivity services is vital for facilitating the growth of Private Narrowband IoT applications across various sectors, including industrial automation and smart cities.

Platform:

Platforms that host and manage IoT applications are increasingly important in the Private Narrowband IoT market, as they provide a centralized framework for data analysis, device management, and application development. These platforms enable organizations to integrate various IoT devices seamlessly, facilitating effective data collection and processing. The growing complexity of IoT ecosystems is driving the demand for robust platforms that can handle large volumes of data and provide insights in real time. Additionally, the shift toward cloud-based platforms is enhancing accessibility and scalability for businesses, allowing them to adapt quickly to changing operational needs. As organizations continue to invest in digital transformation initiatives, the focus on comprehensive IoT platforms is likely to grow, facilitating enhanced data-driven decision-making and efficiency improvements across various industries.

By Application

Smart Buildings:

Smart buildings represent a significant application segment of the Private Narrowband IoT market, leveraging IoT technologies to enhance building management and energy efficiency. These systems integrate various devices such as lighting, heating, cooling, and security systems to create a cohesive and efficient environment. The increasing focus on sustainability and energy conservation is driving the demand for smart building solutions, which enable facility managers to optimize resource usage and reduce operational costs. Additionally, the implementation of smart technologies in buildings enhances occupant comfort and safety, making them appealing to both residential and commercial sectors. As regulatory requirements for energy efficiency become more stringent, the adoption of Private Narrowband IoT solutions for smart building management is expected to grow substantially.

Smart Utilities:

Smart utilities leverage Private Narrowband IoT technologies to enhance the management of energy and water resources, ensuring efficient delivery and consumption. These applications utilize IoT sensors and devices to monitor usage patterns, optimize distribution, and detect leaks or faults in real time. The global shift toward sustainable energy practices is driving the demand for smart utility solutions, which enable utilities to reduce waste and improve service delivery. Furthermore, as utilities seek to modernize aging infrastructure, the integration of IoT technologies is becoming increasingly important. The ability to collect and analyze data on resource consumption enables better forecasting and planning, leading to improved operational efficiency and customer satisfaction within the smart utility segment.

Smart Agriculture:

Smart agriculture is emerging as a key application of Private Narrowband IoT technology, enabling farmers to leverage data-driven insights to enhance crop yields and sustainability. The utilization of IoT sensors in agriculture allows for real-time monitoring of soil conditions, moisture levels, and crop health, facilitating more informed decision-making. As the agriculture sector faces increasing pressures from climate change and population growth, the adoption of smart agricultural practices is becoming essential. This reliance on technology leads to optimized resource utilization, reduced waste, and improved productivity. Moreover, the integration of IoT solutions into farming practices supports precision agriculture, where farmers can apply inputs more efficiently, ultimately resulting in higher efficiency and profitability in agricultural operations.

Asset Tracking:

Asset tracking applications are gaining traction within the Private Narrowband IoT market, as organizations seek to improve the visibility and management of their valuable assets. Utilizing IoT devices equipped with location-tracking capabilities allows businesses to monitor assets in real time, enhancing operational efficiency and reducing loss. Industries such as logistics, manufacturing, and healthcare particularly benefit from asset tracking solutions, as they enable better inventory management, streamlined operations, and timely maintenance. The increasing complexity of supply chains and the need for real-time visibility are driving the demand for asset tracking solutions. Additionally, advancements in connectivity technologies are facilitating enhanced tracking capabilities, enabling organizations to leverage data insights for better decision-making and operational optimization.

Industrial Automation:

Industrial automation is a crucial application segment in the Private Narrowband IoT market, as manufacturers increasingly seek to optimize production processes and improve operational efficiency. IoT devices enable real-time monitoring of machinery and equipment, facilitating predictive maintenance and reducing downtime. The ability to collect and analyze data from the production line allows companies to identify inefficiencies and streamline workflows, ultimately leading to substantial cost savings. Moreover, the ongoing trend toward smart factories is driving the adoption of Industrial IoT solutions, which integrate advanced technologies such as machine learning and AI to enhance automation capabilities. As industries continue to embrace digital transformation, the role of Private Narrowband IoT in industrial automation is expected to expand significantly.

By Deployment Type

In-Building:

In-building deployment of Private Narrowband IoT solutions focuses on enhancing connectivity and efficiency within commercial and residential structures. This deployment type enables seamless communication between various IoT devices, such as security systems, HVAC units, and energy management systems. In-building solutions provide significant advantages, including improved data security and reduced latency, which are essential for mission-critical applications. The growing trend of smart buildings is driving the adoption of in-building IoT technologies as organizations strive to optimize resource consumption and enhance occupant comfort. Additionally, as businesses increasingly prioritize the integration of technology into their operations, the demand for reliable in-building solutions is expected to rise substantially.

Outdoor:

Outdoor deployment of Private Narrowband IoT solutions is essential for applications that require connectivity beyond the confines of buildings, such as transportation, agriculture, and environmental monitoring. The ability to collect data from outdoor environments allows organizations to optimize resource management, improve safety, and enhance operational efficiency. This deployment type is particularly relevant for industries like logistics and transportation, where real-time tracking of vehicles and assets is critical. Furthermore, outdoor IoT solutions support applications in agriculture, enabling farmers to monitor field conditions and optimize irrigation practices. The increasing focus on sustainability and efficiency across sectors is driving the demand for outdoor deployment of Private Narrowband IoT, as organizations seek to leverage data for improved decision-making.

By User

Enterprises:

Enterprises represent a significant user segment of the Private Narrowband IoT market, as organizations across various industries increasingly adopt IoT technologies to optimize their operations. The integration of IoT devices into enterprise processes enables real-time monitoring, data analysis, and improved decision-making capabilities. Enterprises leverage these technologies to enhance efficiency, reduce costs, and improve customer experiences. Furthermore, the demand for tailored IoT solutions that cater to specific industry needs is propelling market growth. As organizations embrace digital transformation and seek to innovate, the reliance on Private Narrowband IoT solutions is expected to escalate, enabling enterprises to stay competitive in dynamic markets.

Government:

Government adoption of Private Narrowband IoT solutions is gaining traction as public sector agencies seek to enhance service delivery and resource management. Smart city initiatives and infrastructure projects are driving the implementation of IoT technologies, enabling governments to optimize urban services and improve citizen engagement. The integration of IoT devices into public services allows for real-time monitoring of traffic, waste management, and energy consumption, leading to more efficient resource allocation. Additionally, government investments in digital infrastructure and smart technologies are fostering the growth of Private Narrowband IoT applications. As governments prioritize technological innovation, the demand for secure and efficient IoT solutions is expected to rise substantially.

Healthcare:

The healthcare sector is increasingly leveraging Private Narrowband IoT solutions to enhance patient care and streamline operations. IoT devices enable real-time monitoring of patients’ health conditions, facilitating timely interventions and improving outcomes. Additionally, the integration of IoT technologies into healthcare systems allows for better resource management and operational efficiency. Hospitals and healthcare providers are adopting IoT solutions for remote patient monitoring, asset tracking, and inventory management, leading to improved patient experiences and reduced costs. As the global focus on healthcare innovation intensifies, the demand for Private Narrowband IoT applications in healthcare is expected to grow significantly, driving advancements in the sector.

Agriculture:

Agriculture is a prominent user segment of the Private Narrowband IoT market, as farmers increasingly adopt smart technologies to optimize crop production and resource management. The deployment of IoT devices in agriculture enables real-time monitoring of soil conditions, moisture levels, and crop health, facilitating more efficient farming practices. This reliance on data-driven insights supports precision agriculture, where farmers can make informed decisions based on real-time information. The increasing challenges posed by climate change and population growth are driving the adoption of IoT solutions in agriculture, as they offer sustainable practices that enhance productivity. As the agriculture sector continues to innovate, the demand for Private Narrowband IoT applications is expected to rise significantly.

Manufacturing:

The manufacturing sector is rapidly adopting Private Narrowband IoT solutions to enhance operational efficiency and drive digital transformation initiatives. IoT technologies enable real-time monitoring of production processes, equipment performance, and inventory levels, allowing manufacturers to optimize workflows and reduce downtime. The integration of IoT devices into manufacturing operations supports predictive maintenance, ensuring that equipment is serviced before failures occur, leading to substantial cost savings. Furthermore, the trend toward smart factories is driving the use of IoT solutions, which facilitate automation and data analytics. As manufacturers seek to remain competitive in a rapidly changing landscape, the reliance on Private Narrowband IoT technologies is expected to grow significantly.

By Region

The Private Narrowband IoT market is experiencing notable growth across various regions, with North America leading the way due to its advanced technology infrastructure and high adoption rates of IoT solutions in multiple sectors. The region is expected to account for approximately 40% of the global market share by 2035, driven by increasing investments in smart city initiatives and digital transformation projects. The CAGR for North America during the forecast period is anticipated to be around 27%, showcasing the robust demand for Private Narrowband IoT applications in industries such as healthcare, manufacturing, and logistics. Furthermore, government initiatives promoting smart technology adoption are expected to enhance market growth in the region.

Europe is also witnessing significant growth in the Private Narrowband IoT market, driven by stringent regulations aimed at enhancing energy efficiency and sustainability across various sectors. The region is projected to account for around 30% of the global market share by 2035, with a CAGR of approximately 24%. The adoption of Private Narrowband IoT solutions in sectors such as agriculture, manufacturing, and energy management is fostering growth, as organizations seek to optimize resource usage and improve operational efficiency. Additionally, European governments are actively supporting the implementation of smart technologies, further bolstering market dynamics. Other regions, including Asia Pacific and Latin America, are also experiencing growth as countries invest in IoT infrastructure and smart city projects.

Opportunities

As the Private Narrowband IoT market continues to evolve, various opportunities are emerging for stakeholders looking to capitalize on this growth trajectory. One of the most significant opportunities lies in the expansion of smart city initiatives, as governments and municipalities seek to leverage IoT technologies to enhance urban living conditions. These initiatives create a demand for Private Narrowband IoT solutions that can improve resource management, traffic monitoring, and public safety. Technology providers can seize this opportunity by developing tailored IoT applications that address specific urban challenges such as waste management, energy consumption, and transportation efficiency. Moreover, the increasing focus on sustainability and environmental conservation is driving the need for IoT solutions that facilitate smarter resource usage, thereby creating avenues for innovation and market differentiation.

Another promising opportunity in the Private Narrowband IoT market is the rising demand for industry-specific applications. As industries such as healthcare, agriculture, and manufacturing increasingly adopt IoT technologies, there is a growing need for customized solutions that address their unique challenges. Companies that can offer specialized IoT platforms and services tailored to the needs of specific sectors will be well-positioned to succeed in this competitive landscape. Additionally, as businesses continue to accelerate their digital transformation efforts, the integration of Private Narrowband IoT solutions with advanced technologies such as artificial intelligence, machine learning, and big data analytics presents significant growth potential. By leveraging these technologies, organizations can unlock new insights, drive operational efficiencies, and enhance decision-making capabilities, thereby maximizing the value of their IoT investments.

Threats

Despite the promising outlook for the Private Narrowband IoT market, there are several threats that could hinder growth and adoption. One of the most significant threats is the increasing concern over data security and privacy. As organizations adopt IoT solutions to collect and transmit sensitive data, the risk of cyberattacks and breaches becomes a pressing issue. This concern is particularly relevant in sectors such as healthcare and finance, where the protection of personal and proprietary information is paramount. The potential for data theft, unauthorized access, and misuse of information could deter organizations from investing in IoT technologies, thereby stalling market growth. Furthermore, the lack of standardized regulations and protocols for IoT security poses additional challenges, making it critical for stakeholders to prioritize secure deployments and compliance with data protection laws.

Another significant threat to the Private Narrowband IoT market is the potential for technology fragmentation and interoperability issues among different IoT devices and platforms. As various manufacturers and service providers develop proprietary solutions, the lack of compatibility can create barriers to seamless integration and communication between devices. This fragmentation may lead to increased operational complexities and costs for organizations seeking to implement comprehensive IoT ecosystems. Additionally, the rapid pace of technological advancements may render existing solutions obsolete, prompting businesses to invest continuously in upgrades and replacements. The challenge of keeping pace with evolving technologies can strain resources and divert focus from core business objectives, ultimately impacting the long-term sustainability of the Private Narrowband IoT market.

Competitor Outlook

• Vodafone Group Plc
• AT&T Inc.
• Ericsson
• Orange S.A.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Semtech Corporation
• Sigfox
• Sierra Wireless, Inc.
• Thales Group
• Telit Communications PLC
• Quectel Wireless Solutions Co., Ltd.
• Analog Devices, Inc.
• NXP Semiconductors N.V.

The competitive landscape of the Private Narrowband IoT market is characterized by the presence of several key players, each vying for market share through innovative product offerings and strategic partnerships. Major telecom operators are actively expanding their IoT service portfolios to include Private Narrowband solutions, enabling enterprises to implement secure and efficient connectivity for their devices. As organizations increasingly look to leverage IoT for operational improvements, companies that can provide comprehensive solutions, including hardware, software, and connectivity services, are well-positioned for success. Furthermore, strategic collaborations between technology providers, telecom companies, and industry stakeholders are helping to create robust ecosystems that facilitate the deployment and management of Private Narrowband IoT solutions.

Some notable companies in this space include Vodafone Group Plc and AT&T Inc., which are leading the charge in providing connectivity solutions tailored to the needs of enterprises. Vodafone has been at the forefront of IoT innovation, offering a wide range of services that enable businesses to optimize their operations through data-driven insights. AT&T, on the other hand, focuses on integrating IoT solutions with advanced analytics and machine learning capabilities, enhancing the value proposition for its clients. Similarly, Ericsson and Huawei are investing heavily in research and development to deliver cutting-edge IoT platforms and connectivity services, positioning themselves as key players in the market.

As the Private Narrowband IoT market continues to expand, companies such as Cisco Systems, IBM, and Semtech Corporation are also making significant strides in providing comprehensive IoT solutions. Cisco's expertise in networking and security positions it well to offer robust Private Narrowband solutions that ensure secure data transmission. IBM's focus on cloud-based IoT platforms and analytics capabilities further enhances its competitive advantage, catering to organizations seeking to harness the power of data for improved decision-making. Semtech's innovation in low-power, wide-area network technologies is contributing to the development of efficient IoT solutions, making it a critical player in the market. The combination of these companies' strengths and their commitment to advancing IoT technologies will shape the future of the Private Narrowband IoT market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Sigfox
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Ericsson
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 AT&T Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Orange S.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Thales Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 IBM Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Vodafone Group Plc
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Cisco Systems, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Semtech Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Analog Devices, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Sierra Wireless, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 NXP Semiconductors N.V.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Telit Communications PLC
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Huawei Technologies Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Quectel Wireless Solutions Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Private Narrowband IoT Market, By User
    • 6.1.1 Enterprises
    • 6.1.2 Government
    • 6.1.3 Healthcare
    • 6.1.4 Agriculture
    • 6.1.5 Manufacturing
  • 6.2 Private Narrowband IoT Market, By Application
    • 6.2.1 Smart Buildings
    • 6.2.2 Smart Utilities
    • 6.2.3 Smart Agriculture
    • 6.2.4 Asset Tracking
    • 6.2.5 Industrial Automation
  • 6.3 Private Narrowband IoT Market, By Product Type
    • 6.3.1 Sensors
    • 6.3.2 Modules
    • 6.3.3 Connectivity Services
    • 6.3.4 Platform
  • 6.4 Private Narrowband IoT Market, By Deployment Type
    • 6.4.1 In-Building
    • 6.4.2 Outdoor

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Private Narrowband IoT Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Private Narrowband IoT market is categorized based on

By Product Type

• Sensors
• Modules
• Connectivity Services
• Platform

By Application

• Smart Buildings
• Smart Utilities
• Smart Agriculture
• Asset Tracking
• Industrial Automation

By Deployment Type

• In-Building
• Outdoor

By User

• Enterprises
• Government
• Healthcare
• Agriculture
• Manufacturing

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Vodafone Group Plc
• AT&T Inc.
• Ericsson
• Orange S.A.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Semtech Corporation
• Sigfox
• Sierra Wireless, Inc.
• Thales Group
• Telit Communications PLC
• Quectel Wireless Solutions Co., Ltd.
• Analog Devices, Inc.
• NXP Semiconductors N.V.