| Product Code: ETC5619505 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The cellular IoT market in Bosnia and Herzegovina is emerging, fueled by the increasing adoption of connected devices and smart technologies. The market is driven by applications in smart cities, industrial automation, and transportation, with growing interest in leveraging IoT for efficiency and innovation.
The cellular IoT market in Bosnia and Herzegovina is driven by the increasing adoption of IoT devices and applications across various industries. The rise in connected devices, smart cities, and industrial automation contributes to market growth. Technological advancements in cellular communication and the expansion of 5G networks also support the demand for cellular IoT solutions. The need for reliable and scalable IoT connectivity drives the growth of the market.
The cellular IoT market faces challenges such as limited infrastructure and high costs of implementation. There is also a lack of standardization and interoperability between different IoT devices and networks. The market is further impacted by limited consumer awareness and the need for substantial investment in network expansion and technology.
Government policies on technology and innovation influence the cellular IoT market in Bosnia and Herzegovina. Regulations supporting digital infrastructure development, smart city initiatives, and IoT integration into various sectors drive market growth. Government incentives for technology adoption and research in IoT technologies also impact the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bosnia and Herzegovina Cellular IoT Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina Cellular IoT Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina Cellular IoT Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Bosnia and Herzegovina Cellular IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for connected devices and IoT solutions across various industries |
4.2.2 Government initiatives supporting the development of IoT infrastructure in Bosnia and Herzegovina |
4.2.3 Growing adoption of smart city projects and technologies |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of IoT technology among businesses and consumers |
4.3.2 High initial deployment costs and ongoing maintenance expenses for cellular IoT solutions |
4.3.3 Concerns regarding data privacy and security in IoT applications |
5 Bosnia and Herzegovina Cellular IoT Market Trends |
6 Bosnia and Herzegovina Cellular IoT Market Segmentations |
6.1 Bosnia and Herzegovina Cellular IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Services, 2021-2031F |
6.2 Bosnia and Herzegovina Cellular IoT Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By 2G, 2021-2031F |
6.2.3 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By 3G, 2021-2031F |
6.2.4 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By 4G, 2021-2031F |
6.2.5 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By LTE-M, 2021-2031F |
6.2.6 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By NB-LTE-M, 2021-2031F |
6.2.7 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By NB-IoT, 2021-2031F |
6.3 Bosnia and Herzegovina Cellular IoT Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Alarms & Detectors, 2021-2031F |
6.3.3 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Smart Appliances, 2021-2031F |
6.3.4 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Smart Metering, 2021-2031F |
6.3.5 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Smart Parking, 2021-2031F |
6.3.6 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Smart Street Light, 2021-2031F |
6.3.7 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Surveillance & Monitoring, 2021-2031F |
6.4 Bosnia and Herzegovina Cellular IoT Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.3 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.4.4 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Building Automation, 2021-2031F |
6.4.5 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.6 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.7 Bosnia and Herzegovina Cellular IoT Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Bosnia and Herzegovina Cellular IoT Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina Cellular IoT Market Export to Major Countries |
7.2 Bosnia and Herzegovina Cellular IoT Market Imports from Major Countries |
8 Bosnia and Herzegovina Cellular IoT Market Key Performance Indicators |
8.1 Average Revenue per User (ARPU) for cellular IoT services |
8.2 Number of active IoT connections in Bosnia and Herzegovina |
8.3 Percentage of businesses integrating IoT solutions into their operations |
8.4 IoT network coverage and reliability in key regions of Bosnia and Herzegovina |
8.5 Level of government support and funding for IoT infrastructure development |
9 Bosnia and Herzegovina Cellular IoT Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina Cellular IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Bosnia and Herzegovina Cellular IoT Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bosnia and Herzegovina Cellular IoT Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bosnia and Herzegovina Cellular IoT Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Bosnia and Herzegovina Cellular IoT Market - Competitive Landscape |
10.1 Bosnia and Herzegovina Cellular IoT Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina Cellular IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |