Product Code: ETC12974478 | Publication Date: Apr 2025 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India Narrowband IoT (NB-IoT) market is witnessing significant growth driven by increasing adoption of IoT applications across various industries such as agriculture, smart cities, healthcare, and logistics. NB-IoT technology offers low-power, wide area connectivity, enabling cost-effective and efficient communication for a wide range of devices. Key players in the Indian market include telecom operators such as Reliance Jio, Bharti Airtel, and Vodafone Idea, as well as technology providers like Qualcomm and Huawei. Government initiatives promoting the deployment of IoT solutions, coupled with the growing demand for smart devices and sensors, are driving the expansion of the NB-IoT market in India. With ongoing advancements in NB-IoT technology and infrastructure development, the market is expected to experience further growth in the coming years.
The India narrowband IoT market is experiencing significant growth driven by increasing adoption of IoT technologies across various industries such as agriculture, smart cities, healthcare, and logistics. Key trends in the market include the rising demand for low-power, wide-area network (LPWAN) solutions, the deployment of smart meters for utility management, and the development of innovative applications for asset tracking and monitoring. Government initiatives promoting digitalization and connectivity, along with the emergence of new use cases for NB-IoT technology, are also fueling market expansion. Telecom operators are actively investing in NB-IoT infrastructure to support the growing demand for IoT connectivity, while device manufacturers are focusing on developing cost-effective and energy-efficient NB-IoT modules to cater to diverse industry requirements.
In the India Narrowband IoT market, several challenges hinder its growth and adoption. One major challenge is the lack of standardized regulations and policies governing IoT devices and networks, leading to uncertainty among stakeholders. Additionally, the high initial deployment costs and ongoing operational expenses associated with NB-IoT technology pose a barrier for many organizations, particularly small and medium enterprises. Limited awareness about the benefits and potential applications of NB-IoT further hampers its widespread adoption in India. Moreover, the slow pace of infrastructure development and the availability of skilled professionals to implement and manage NB-IoT solutions add to the challenges faced by companies looking to leverage this technology for their operations in the Indian market. Addressing these issues will be crucial for the successful growth of the India NB-IoT market.
The India Narrowband IoT (NB-IoT) market presents promising investment opportunities due to the increasing adoption of IoT technologies across various industries such as agriculture, smart cities, healthcare, and logistics. With the government`s focus on initiatives like Digital India and Smart Cities Mission, there is a growing demand for efficient and cost-effective connectivity solutions, making NB-IoT an attractive investment option. Companies offering NB-IoT infrastructure, devices, and services stand to benefit from this trend. Additionally, the market is expected to witness significant growth in applications like smart metering, asset tracking, and environmental monitoring, further driving the demand for NB-IoT solutions. Investing in innovative technologies and partnerships in the India NB-IoT market can provide long-term returns and a competitive edge in the evolving IoT landscape.
The Indian government has been actively promoting the adoption and growth of Narrowband IoT (NB-IoT) technology through various policies and initiatives. One key policy initiative is the National Digital Communications Policy 2018, which aims to provide broadband coverage for all and support the development of IoT technologies, including NB-IoT. Additionally, the Department of Telecommunications has released guidelines for the deployment of NB-IoT networks, facilitating the rollout of smart city projects and other IoT applications. Furthermore, the government has also launched the Smart Cities Mission, which includes the implementation of IoT solutions powered by NB-IoT technology to enhance efficiency in urban infrastructure and services. These policies reflect the government`s commitment to leveraging NB-IoT for digital transformation and sustainable development in India`s cities and industries.
The future outlook for the India Narrowband IoT (NB-IoT) market appears promising, with significant growth expected in the coming years. Factors driving this growth include the increasing adoption of IoT technology across various industries, the government`s initiatives to promote smart cities and digital transformation, and the need for cost-effective and efficient connectivity solutions. The deployment of NB-IoT networks by telecom operators, along with the development of innovative IoT applications and solutions, will further fuel the market expansion. Additionally, the rising demand for connected devices, such as smart meters, asset trackers, and environmental sensors, will drive the demand for NB-IoT technology. Overall, the India NB-IoT market is poised for substantial growth and presents lucrative opportunities for companies operating in the IoT ecosystem.
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 India Narrowband IoT Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Narrowband IoT Market Revenues & Volume, 2021 & 2031F |
3.3 India Narrowband IoT Market - Industry Life Cycle |
3.4 India Narrowband IoT Market - Porter's Five Forces |
3.5 India Narrowband IoT Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Narrowband IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India Narrowband IoT Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 India Narrowband IoT Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Narrowband IoT Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
4 India Narrowband IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Narrowband IoT Market Trends |
6 India Narrowband IoT Market, By Types |
6.1 India Narrowband IoT Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Narrowband IoT Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 India Narrowband IoT Market Revenues & Volume, By Smart Metering, 2021 - 2031F |
6.1.4 India Narrowband IoT Market Revenues & Volume, By Asset Tracking, 2021 - 2031F |
6.1.5 India Narrowband IoT Market Revenues & Volume, By Smart Agriculture, 2021 - 2031F |
6.1.6 India Narrowband IoT Market Revenues & Volume, By Environmental Monitoring, 2021 - 2031F |
6.1.7 India Narrowband IoT Market Revenues & Volume, By Healthcare Monitoring, 2021 - 2031F |
6.2 India Narrowband IoT Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India Narrowband IoT Market Revenues & Volume, By Modules, 2021 - 2031F |
6.2.3 India Narrowband IoT Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.2.4 India Narrowband IoT Market Revenues & Volume, By Chipsets, 2021 - 2031F |
6.2.5 India Narrowband IoT Market Revenues & Volume, By Antennas, 2021 - 2031F |
6.2.6 India Narrowband IoT Market Revenues & Volume, By Gateways, 2021 - 2031F |
6.3 India Narrowband IoT Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 India Narrowband IoT Market Revenues & Volume, By On-Premise, 2021 - 2031F |
6.3.3 India Narrowband IoT Market Revenues & Volume, By Cloud, 2021 - 2031F |
6.3.4 India Narrowband IoT Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.3.5 India Narrowband IoT Market Revenues & Volume, By Public Networks, 2021 - 2031F |
6.3.6 India Narrowband IoT Market Revenues & Volume, By Private Networks, 2021 - 2031F |
6.4 India Narrowband IoT Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Narrowband IoT Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.4.3 India Narrowband IoT Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.4.4 India Narrowband IoT Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4.5 India Narrowband IoT Market Revenues & Volume, By Government, 2021 - 2031F |
6.4.6 India Narrowband IoT Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.5 India Narrowband IoT Market, By Connectivity |
6.5.1 Overview and Analysis |
6.5.2 India Narrowband IoT Market Revenues & Volume, By Cellular, 2021 - 2031F |
6.5.3 India Narrowband IoT Market Revenues & Volume, By Narrowband, 2021 - 2031F |
6.5.4 India Narrowband IoT Market Revenues & Volume, By Low Power, 2021 - 2031F |
6.5.5 India Narrowband IoT Market Revenues & Volume, By Wireless, 2021 - 2031F |
6.5.6 India Narrowband IoT Market Revenues & Volume, By Long-Range, 2021 - 2031F |
7 India Narrowband IoT Market Import-Export Trade Statistics |
7.1 India Narrowband IoT Market Export to Major Countries |
7.2 India Narrowband IoT Market Imports from Major Countries |
8 India Narrowband IoT Market Key Performance Indicators |
9 India Narrowband IoT Market - Opportunity Assessment |
9.1 India Narrowband IoT Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Narrowband IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India Narrowband IoT Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 India Narrowband IoT Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Narrowband IoT Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
10 India Narrowband IoT Market - Competitive Landscape |
10.1 India Narrowband IoT Market Revenue Share, By Companies, 2024 |
10.2 India Narrowband IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |