DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Narrowband Internet Of Things Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.
The global narrowband internet of things market is expected to grow at CAGR of 61.3% during 2016-2022.
The technological inventions are increasing the scope of narrowband internet of things market. The rising expansion of smarter and low cost sensors are growing the growth in the narrowband internet of things market. The growing revolution in technological domains is growing the scope of narrowband internet of things across various application in global context.
The internet of things market is majorly driven by increasing technological innovation which leads to the expansion of low cost and smart sensors and smart technologies for various application. The growing technological advancement is growing the scope of internet of things in various applications such as consumer services, smart homes, automotive and transit, health care and smart energy. The smart homes, automotive and consumer services accounts to the largest market share and a big share in the growth of narrowband internet of things in the global market. Moreover, nonexistence of interoperability and data management is one of the major challenge available in the global market of narrowband internet of things which is hampering the growth.
North America dominates the narrowband internet of things market, the domination is owing to existence of some key player of internet of things who are contributing and dominating the large share in the global market. The growth of North America is motivated by number of factors such as growing technological advancement.
Companies Mentioned:
- AT&T
- Commsolid Gmbh
- Deutsche Telekom Ag
- Ericsson
- Huawei Technologies Co. Ltd.
- Intel Corporation
- Microsoft
- Mistbase Communication System
- Qualcomm Incorporated
- Samsung Electronics
- Sprint Corporation
- T-Mobile
- U-Blox
Key Topics Covered:
1. Introduction
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Geographic Analysis
6. Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/78xn7t/global_narrowband
