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Narrowband IoT Market by Offering, Device, Deployment Type, End-Use Application, & Geography - Global Forecast to 2022NEW YORK, Oct. 10, 2016 /PRNewswire/ -- "Need for low-power consumption and low cost is expected to drive the NB-IoT market" "NB-IoT market in Asia-Pacific to grow at a high rate" China is the largest market in the APAC region for the development of smart cities. Japan has a strong base of technologically advanced manufacturing industries which offer multiple opportunities for the growth of the NB-IoT market. Huawei (China) and China Unicom (Shanghai) jointly released the NB-IoT-based smart parking solution at 2016 MWC Shanghai. In May 2016, China Unicom (Shanghai) and the Shanghai government signed an agreement to promote "Internet +" and the company would deploy dedicated NB-IoT networks in Shanghai. However, North America is expected to hold the largest market for NB-IoT in 2017. Regional presence of major companies such as Qualcomm Inc. (U.S.), Verizon Wireless (U.S.), AT&T Inc. (U.S.) that are working towards commercialization of NB-IoT connectivity is the major factor driving the market. The breakup of the profile of primary participants is given below: - By Companies: Tier 1 – 20 %, Tier 2 – 35%, and Tier 3 – 45% - By Designation: C-level Executives – 25%, Directors – 35%, and Others – 40% - By Region: North America – 50%, Europe – 30%, Asia-Pacific – 10%, and RoW – 10% The major players in narrowband IoT market are Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Vodafone Group PLC (U.K.), Qualcomm Incorporated (U.S.), Intel Corporation (U.S.), Samsung Group (South Korea), Nokia Networks (Finland), Verizon Communication (U.S.), CommSolid GmBH (Germany), U-Blox Holding AG (Switzerland), MistBase AB (Sweden). The NB-IoT market has been segmented on the basis of offerings, deployment type, device, end-use application, and geography. The market based on offering has further been segmented into hardware, software, cellular network, and services. Deployment type includes in-band, guard band and standalone techniques. The NB-IoT market based on device has further been segmented into alarms & detectors, trackers, smart appliances, and many others. The end-use applications for NB-IoT are agriculture, infrastructure, healthcare, building automation, automotive & transportation, and others. On the basis of geography, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World. Reasons to Buy the Report: The report would help the market leaders/new entrants in this market in the following ways: 1. This report segments the NB-IoT market comprehensively and provides the closest approximations of the market sizes for the overall market and sub-segments across the different applications and regions. 2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. Read the full report: http://www.reportlinker.com/p04208116-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/narrowband-iot-market-by-offering-device-deployment-type-end-use-application--geography---global-forecast-to-2022-300342245.html SOURCE Reportlinker 
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