Key Companies Covered in Narrow Band IoT Tracker Market are Intel Corporation, Huawei Technologies Co. Ltd, Ericsson, Qualcomm Technologies Inc., Vodafone Group plc, Sierra Wireless, Nokia Corporation, Deutsche Telekom AG, Quectel Wireless Solutions Co. Ltd., China United Network Communications Group Co. Ltd.

Pune, Nov. 19, 2020 (GLOBE NEWSWIRE) — The global narrowband IoT tracker market will derive growth from the efforts put in for technological integration by large scale companies across the world. The rising product demand will create several growth opportunities for companies operating in the market. According to a report by Fortune Business Insights, titled “Narrow Band IoT Tracker Market Size, Share & Industry Analysis, By Component (Hardware, Software & Services), By Deployment (Guard-band, In-band, Stand Alone), By Type (Asset tracking, Animal tracking, Logistic tracking, People tracking), By Industry (Agriculture, Automotive and Transportation, Manufacturing, Others) and Regional Forecast, 2019-2026,” the market will rise at a considerable pace driven by the increasing smartphone penetration across the world.

Click here to get the short-term and long-term impact of COVID-19 on this market. https://www.fortunebusinessinsights.com/narrow-band-iot-tracker-market-102973

The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact of the Covid-19 pandemic on the global market and discusses how major companies are coping with this.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/narrow-band-iot-tracker-market-102973

Narrow-band IoT tracker is a concept that falls under the low power wide area (LPWA) network standard. It is used to connect small objects that are used in day-to-day life. The narrow band IoT connects a wide range of smart devices and sensors across the world. The benefits offered by NB IoT including safety, cost-effectivity, and low power consumption will lead to a wider product adoption across the world. Moreover, the ability of the product to eliminate the cost for constant maintenance over conventional tracking systems will fuel the demand across the world. The presence of several large scale companies in several countries across the world will have a huge impact on the growth of the overall market in the coming years. The massive investments in narrow band IoT will also have a positive impact on market growth.

READ  Phones smashed by hammer gang 'bullies' during bike robbery - Liverpool Echo

Increasing Number of Company Collaborations will Emerge in Favor of Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors that have contributed to growth, the increasing number of company mergers and acquisitions, as well as collaborations, have made the highest impact on market growth. In July 2019, T-Mobile announced that it has collaborated with Roambee Corporation. The company announced that this collaboration is aimed at the development of an NB-IoT asset tracking solution. The company claims that this tracker can easily connect to pallets, shipments, and individual assets to deliver item-level temperature monitoring. The product is also said to track and identify the location and operate accordingly. T-Mobile’s collaboration with Roambee Corporation will not just help the companies grow but will also aid the growth of the overall market in the coming years.

Ask For Customization- https://www.fortunebusinessinsights.com/enquiry/customization/narrow-band-iot-tracker-market-102973

Asia Pacific to Emerge Dominant; Rising Efforts taken to Implement Smart Cities will Aid Growth

The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The efforts taken to integrate smart concepts in several countries across Asia Pacific will have a positive impact on the growth of the regional market. The growing adoption of technologically advanced concepts and rising investments in technological integration by major companies will emerge in favor of market growth. The market in North America will also witness considerable growth in the coming years driven by increasing income levels as well as emerging IoT platforms across the region.

READ  Coronavirus News and Live Updates: Cases Rising in 21 States - The New York Times

List of companies profiled in Narrow Band IoT Tracker Market:

  • Intel Corporation

  • Huawei Technologies Co. Ltd

  • Ericsson

  • Qualcomm Technologies Inc.

  • Vodafone Group plc

  • Sierra Wireless

  • Nokia Corporation

  • Deutsche Telekom AG

  • Quectel Wireless Solutions Co. Ltd.

  • China United Network Communications Group Co. Ltd

Industry Developments:

April 2019: BeWhere Inc. announced that it has collaborated with Fleet Hoster. This collaboration is aimed at the integration of its LTE-M connected M-IoT devices into Fleet Hoster’s platform to connect with multiple end-users.

Pre Book- Narrow Band IoT Tracker Market: https://www.fortunebusinessinsights.com/checkout-page/102973

Have a Look at Related Research Insights:

Proximity Sensors Market Size, Share and Global Trend By Technology (Capacitive Radiation, Magnetic, Infrared), By Product (Fixed & Variable) Distance, By Industry Vertical (Aerospace & Defence, Automotive, Building Automation and others) By Geography Forecast till 2026

Gesture Recognition Market Size, Share and Global Trend By Technology (Touch-based & Touchless), By Industry Vertical (Agriculture, Healthcare, Manufacturing and others), By Geography Forecast till 2026

Exploration and Production Software Market Size, Share and Global Trend By Technology (Premise, Cloud-based, Managed) Software, By Applications (Risk Management Mapping, Seismic Amplitude Analysis, Portfolio Aggregation, others), By Industry Vertical (Oil & Gas, Mine & Metallurgy, Other) and Geography Forecast till 2026

Digital Door Lock System Market Size, Share and Global Trend By Applications (Electromechanical Door Locks, Magnetic Stripe Locks, Biometric Access Systems), By End User Types (Residential, Commercial, Industrial, Government) and By Geography Forecast till 2026

Exoskeleton Systems Market Size, Share and Global Trend By Component (Hardware & Software), By Type (Powered & Passive) Exoskeleton, By Mobility (Stationary & Mobile) By Body Part (Lower, Upper, Full Body), By Industry Vertical (Healthcare, Defence, Industrial) and Geography Forecast till 2026

READ  Coronavirus daily news updates, May 3: What to know today about COVID-19 in the Seattle area, Washington state and the nation - Seattle Times

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs



READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here