The North American NB-IoT market is estimated to grow at a CAGR of around 35.3% during the forecast period. The economic strength and well-established technology infrastructure of North America provides a solid platform for the growth of the NB- IoT market. Moreover, the increasing adoption of high network technologies which promotes the adoption of NB-IoT devices has been motivating the market. For instance, 280 million LTE Connections were reported in the region. More than 127 million Connections were recorded in North America only accounting for 41% of the total LTE connections. However, concern related to data security and privacy further projected to restrain the market growth during the forecast period. 

The North American 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 North American market owing to the significant deployment of guard band networks in the enterprises. Based on the Industry, the North American 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 North American NB-IoT market is further segregated into the US and Canada. Among, geography the US projected to have a considerable share in the North American NB-IoT market.  

The companies which are contributing to the growth of the North American NB-IoT market include AT&T, Inc., Huawei Technologies Co., Ltd., Qualcomm Technologies, Inc., MediaTek Inc., Verizon Communications Inc.  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 North American 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. North American NB-IoT Market Research and Analysis by Deployment Type
2. North American NB-IoT Market Research and Analysis by  Industry

The Report Covers

• Comprehensive research methodology of the North American 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 North American NB-IoT market.
• Insights about market determinants which are stimulating the North American NB-IoT market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.