European Narrow Band (NB)-IoT Market

European Narrow Band (NB)-IoT Market Size, Share & Trends Analysis Report by Deployment Type (Guard Band, In-Band, and Standalone), By Industry (Logistics & Transportation, Energy & Utilities, Agriculture, Industrial Manufacturing, Healthcare, and Others) and Forecast 2021-2027
    Update Available - Forecast 2024-2030   

Published: May 2021 | Report Code: OMR2023648 | Category : Internet of Things | Delivery Format: /

The European NB-IoT market is estimated to grow at a CAGR of around 33.5% during the forecast period. The growing adoption of cloud services among small and medium enterprises is estimated to be the major factors that are contributing to the growth of the market. Various benefits offered by cloud services such as flexibility, scalability, cost efficiency has accelerated the adoption of cloud services in the region and thus creating opportunity for the NB-IoT integration. Further, the rising trend of smartphone, social media and increasing internet penetration is also estimated to contribute towards the growth of the market. Advancement in telecommunication networks such as the introduction of 5G will further create demand for the market growth during the forecast period. 

The European market for NB-IoT is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into guard band, in-band, and standalone. The guard band segment is projected to have considerable growth in the European market owing to the significant deployment of guard band networks in the enterprises. Based on the Industry, the European NB-IoT market is further segmented into logistics & transportation, energy & utilities, agriculture, industrial manufacturing, healthcare, and others. The industrial segment estimated to have a considerable growth in the market owing to the growing adoption of automation and IoT solutions in the manufacturing industry. Based on geography, the European NB-IoT market is further segregated into the UK, Germany, France, Italy, Spain and the Rest of Europe. Among, geography the UK projected to have a considerable share in the European NB-IoT market.  

The companies which are contributing to the growth of the European NB-IoT market include AT&T, Inc., Intel Corp., Orange SA, Sequans Communications S.A, Telia Company AB, Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and others. product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Research Methodology

The market study of the European NB-IoT market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their deployment catalog.

The report is intended for NB-IoT providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

  1. European NB-IoT Market Research and Analysis by Deployment Type
  2. European NB-IoT Market Research and Analysis by Industry

The Report Covers

  • Comprehensive research methodology of the European NB-IoT market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the European NB-IoT market.
  • Insights about market determinants which are stimulating the European NB-IoT market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. Report Summary

1.1. Research Methods and Tools

Current Industry Analysis and Growth Potential Outlook

Impact of COVID-19 on the European NB-IoT Industry

Recovery Scenario of European NB-IoT Industry

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis 

3.1.3. SWOT Analysis

3.2. Key Strategy Analysis

3.3. Impact of COVID-19 on key players

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. European NB-IoT Market by Deployment Type

5.1.1. Guard Band

5.1.2. In-Band 

5.1.3. Standalone

5.2. European NB-IoT Market by Industry

5.2.1. Logistics and Transportation

5.2.2. Energy & Utilities 

5.2.3. Agriculture

5.2.4. Industrial Manufacturing

5.2.5. Healthcare

5.2.6. Other (Retail)

6. Regional Analysis

6.1. UK

6.2. Germany

6.3. France

6.4. Italy

6.5. Spain

6.6. Rest of Europe

7. Company Profiles

7.1. AT&T, Inc.

7.2. Deutsche Telekom AG

7.3. Intel Corp.

7.4. Orange SA

7.5. Qualcomm Technologies, Inc.

7.6. Sequans Communications S.A.

7.7. Telefónica S.A

7.8. Telefonaktiebolaget LM Ericsson

7.9. Telia Company AB

7.10. Vodafone Group Plc


1. EUROPEAN NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

2. EUROPEAN GUARD BAND NB-IoT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

3. EUROPEAN IN-BAND NB-IoT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

4. EUROPEAN STANDALONE NB-IoT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

5. EUROPEAN NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

6. EUROPEAN NB-IoT IN LOGISTICS AND TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

7. EUROPEAN NB-IoT IN ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

8. EUROPEAN NB-IoT IN AGRICULTURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

9. EUROPEAN NB-IoT IN INDUSTRIAL MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

10. EUROPEAN NB-IoT IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

11. EUROPEAN NB-IoT IN OTHER INDUSTRY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

12. UK NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

13. UK NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

14. GERMANY NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

15. GERMANY NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

16. FRANCE NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

17. FRANCE NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

18. ITALY NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

19. ITALY NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

20. SPAIN NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

21. SPAIN NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)

22. REST OF EUROPE NB-IoT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2020-2027 ($ MILLION)

23. REST OF EUROPE NB-IoT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)


1. IMPACT OF COVID-19 ON EUROPEAN NB-IoT MARKET, 2020-2027 (% MILLION)

2. IMPACT OF COVID-19 ON EUROPEAN NB-IoT MARKET BY SEGMENT, 2020-2027 (% MILLION)

3. RECOVERY OF EUROPEAN NB-IoT MARKET, 2020-2027 (%) 

4. EUROPEAN NB-IoT MARKET SHARE BY DEPLOYMENT TYPE, 2020 VS 2027 (%)

5. EUROPEAN GUARD BAND NB-IoT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

6. EUROPEAN IN-BAND NB-IoT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

7. EUROPEAN STANDALONE NB-IoT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

8. EUROPEAN NB-IoT MARKET SHARE BY INDUSTRY, 2020 VS 2027 (%)

9. EUROPEAN NB-IoT IN LOGISTICS AND TRANSPORTATION MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

10. EUROPEAN NB-IoT IN ENERGY & UTILITIES MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

11. EUROPEAN NB-IoT IN AGRICULTURE MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

12. EUROPEAN NB-IoT IN INDUSTRIAL MANUFACTURING MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

13. EUROPEAN NB-IoT IN HEALTHCARE MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

14. EUROPEAN NB-IoT IN OTHER INDUSTRY MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

15. EUROPEAN NB-IoT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

16. UK NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)

17. GERMANY NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)

18. FRANCE NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)

19. ITALY NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)

20. SPAIN NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)

21. REST OF EUROPE NB-IoT MARKET SIZE, 2020-2027 ($ MILLION)