Market Research Report
Europe Narrowband IoT Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||492781|
|Published||Content info||128 Pages
Delivery time: 2-3 business days
|Europe Narrowband IoT Market Forecast 2019-2027|
|Published: April 8, 2019||Content info: 128 Pages||
By the end of the forecast period of 2019-2027, the Europe narrowband IoT market is expected to account for a significantly large revenue share in the global market, exhibiting an estimated CAGR of 43.05%.
European market leaders are getting active on smart sensors, embedded systems, software, network vendors, telecoms and application integrators to progress in the narrowband IoT market. The United Kingdom, Germany, France, Italy, Spain and the Rest of Europe are considered for the market study. The U.K market is slated to exhibit the highest CAGR in this region over the forecast period. At present, the main focus of the European government in the field of information technology is to build better smart solutions. Increasing demand for RFID technology in various applications like manufacturing and transportation is indirectly boosting the demand for narrowband IoT in Europe.
Companies like Verizon Communications Inc., Arm Holdings PLC, AT&T Inc., U-Blox AG, Sprint Corporation, Ericsson, T-Mobile, Samsung Electronics Co. Ltd., Vodafone Group PLC, Intel Corporation, Qualcomm Incorporated, Microsoft Corporation, Telit Communications PLC, Huawei Technologies Co. Ltd., and CommSolid Gmbh (acquired by Goodix) have successfully established themselves in the Narrowband IOT market.