The global Narrowband IoT (NB-IoT) market size was valued at USD 578 million in 2018 and is projected to grow at a CAGR of 34% from 2021 to 2027. Narrowband IoT (NB‑IoT) is a new wireless IoT communication technology. Limited bandwidth allows IoT devices to connect in larger areas and places that are difficult to […]
Tag Archives: Narrowband-IoT Market Share
The global narrowband IoT market reached nearly USD 580 million in 2019. The narrowband IoT market is expected to grow at a CAGR of 35% over the forecast period 2020-2025. The growing preference for energy-efficient narrowband IoT modules is helping the narrowband IoT market grow as it helps ensure long battery life with minimal power […]