India Narrowband IoT (NB-IoT) Enterprise Application Market (2025-2031) Outlook | Size, Growth, Forecast, Revenue, Trends, Value, Share, Companies, Industry & Analysis

Market Forecast By Application Software (Security solutions, Real Time Streaming Analytics, Soil monitoring solutions, Asset tracking solutions, Logistics tracking solutions, Smart Parking Management Solutions, Others), By Smart Application (Smart Governance, Smart Metering, Smart Buildings, Smart Asset Tracking, Others), By Technology Service (Managed, Professional), By Vertical (Agriculture, Logistics and Transportation, Healthcare, Manufacturing, Energy and Utilities, Retail, Others) And Competitive Landscape
Product Code: ETC4382365 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Narrowband IoT (NB-IoT) Enterprise Application Market Overview

The Narrowband IoT (NB-IoT) enterprise application market in India is on the rise, driven by the proliferation of IoT devices and the need for efficient, low-power connectivity. NB-IoT technology is gaining traction in various industries, including agriculture, logistics, and smart cities, with applications ranging from asset tracking to environmental monitoring. As India accelerates its IoT adoption, the NB-IoT enterprise application market presents significant opportunities for companies to develop innovative solutions.

Drivers of the Market

The India NB-IoT enterprise application market is driven by the expanding Internet of Things (IoT) ecosystem. The low power consumption and long-range capabilities of NB-IoT technology make it ideal for a wide range of applications, including smart cities, agriculture, and asset tracking. The government`s focus on smart city initiatives and industry verticals embracing IoT solutions are significant drivers of this market.

Challenges of the Market

Challenges in the India NB-IoT enterprise application market include ensuring network coverage in remote areas and managing the power consumption of IoT devices. Extending network coverage to all areas of the country, including rural and remote locations, is a considerable challenge. Additionally, optimizing IoT devices for low power consumption to ensure long-term operation is essential.

COVID-19 Impact on the Market

The adoption of Narrowband IoT for various IoT applications increased during the pandemic. Industries such as healthcare, logistics, and smart cities leveraged NB-IoT for its cost-efficiency and reliability.

Key Players in the Market

In the India Narrowband IoT (NB-IoT) Enterprise Application market, major players play a pivotal role in driving the adoption of NB-IoT technology for various enterprise applications. Companies like Qualcomm, Intel Corporation, Huawei Technologies, and ZTE Corporation are instrumental in providing NB-IoT solutions that cater to the specific needs of enterprises. Their technology offerings facilitate the deployment of cost-effective and energy-efficient IoT solutions across industries in India.

Key Highlights of the Report:

  • India Narrowband IoT (NB-IoT) Enterprise Application Market Outlook
  • Market Size of India Narrowband IoT (NB-IoT) Enterprise Application Market, 2024
  • Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market, 2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Revenues & Volume for the Period 2021-2031
  • India Narrowband IoT (NB-IoT) Enterprise Application Market Trend Evolution
  • India Narrowband IoT (NB-IoT) Enterprise Application Market Drivers and Challenges
  • India Narrowband IoT (NB-IoT) Enterprise Application Price Trends
  • India Narrowband IoT (NB-IoT) Enterprise Application Porter's Five Forces
  • India Narrowband IoT (NB-IoT) Enterprise Application Industry Life Cycle
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Application Software for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Security solutions for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Real Time Streaming Analytics for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Soil monitoring solutions for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Asset tracking solutions for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Logistics tracking solutions for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Parking Management Solutions for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Application for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Governance for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Metering for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Buildings for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Smart Asset Tracking for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Technology Service for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Managed for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Professional for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Vertical for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Logistics and Transportation for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Healthcare for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Energy and Utilities for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Retail for the Period 2021-2031
  • Historical Data and Forecast of India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume By Others for the Period 2021-2031
  • India Narrowband IoT (NB-IoT) Enterprise Application Import Export Trade Statistics
  • Market Opportunity Assessment By Application Software
  • Market Opportunity Assessment By Smart Application
  • Market Opportunity Assessment By Technology Service
  • Market Opportunity Assessment By Vertical
  • India Narrowband IoT (NB-IoT) Enterprise Application Top Companies Market Share
  • India Narrowband IoT (NB-IoT) Enterprise Application Competitive Benchmarking By Technical and Operational Parameters
  • India Narrowband IoT (NB-IoT) Enterprise Application Company Profiles
  • India Narrowband IoT (NB-IoT) Enterprise Application Key Strategic Recommendations

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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 (NB-IoT) Enterprise Application Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, 2021 & 2031F

3.3 India Narrowband IoT (NB-IoT) Enterprise Application Market - Industry Life Cycle

3.4 India Narrowband IoT (NB-IoT) Enterprise Application Market - Porter's Five Forces

3.5 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Application Software, 2021 & 2031F

3.6 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Smart Application, 2021 & 2031F

3.7 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Technology Service, 2021 & 2031F

3.8 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Vertical, 2021 & 2031F

4 India Narrowband IoT (NB-IoT) Enterprise Application Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of IoT technologies in various industries

4.2.2 Government initiatives promoting digitalization and smart city projects

4.2.3 Growing demand for cost-effective and energy-efficient solutions in enterprises

4.3 Market Restraints

4.3.1 Concerns regarding data security and privacy in IoT applications

4.3.2 High initial setup costs and ongoing maintenance expenses

4.3.3 Limited network coverage and interoperability challenges in NB-IoT technology

5 India Narrowband IoT (NB-IoT) Enterprise Application Market Trends

6 India Narrowband IoT (NB-IoT) Enterprise Application Market, By Types

6.1 India Narrowband IoT (NB-IoT) Enterprise Application Market, By Application Software

6.1.1 Overview and Analysis

6.1.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Application Software, 2021-2031F

6.1.3 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Security solutions, 2021-2031F

6.1.4 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Real Time Streaming Analytics, 2021-2031F

6.1.5 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Soil monitoring solutions, 2021-2031F

6.1.6 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Asset tracking solutions, 2021-2031F

6.1.7 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Logistics tracking solutions, 2021-2031F

6.1.8 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Parking Management Solutions, 2021-2031F

6.2 India Narrowband IoT (NB-IoT) Enterprise Application Market, By Smart Application

6.2.1 Overview and Analysis

6.2.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Governance , 2021-2031F

6.2.3 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Metering, 2021-2031F

6.2.4 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Buildings, 2021-2031F

6.2.5 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Asset Tracking, 2021-2031F

6.2.6 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Others, 2021-2031F

6.3 India Narrowband IoT (NB-IoT) Enterprise Application Market, By Technology Service

6.3.1 Overview and Analysis

6.3.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Managed, 2021-2031F

6.3.3 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Professional, 2021-2031F

6.4 India Narrowband IoT (NB-IoT) Enterprise Application Market, By Vertical

6.4.1 Overview and Analysis

6.4.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Agriculture, 2021-2031F

6.4.3 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Logistics and Transportation, 2021-2031F

6.4.4 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Healthcare, 2021-2031F

6.4.5 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Manufacturing, 2021-2031F

6.4.6 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Energy and Utilities, 2021-2031F

6.4.7 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Retail, 2021-2031F

7 India Narrowband IoT (NB-IoT) Enterprise Application Market Import-Export Trade Statistics

7.1 India Narrowband IoT (NB-IoT) Enterprise Application Market Export to Major Countries

7.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Imports from Major Countries

8 India Narrowband IoT (NB-IoT) Enterprise Application Market Key Performance Indicators

8.1 Percentage increase in the number of connected IoT devices using NB-IoT

8.2 Average latency rate in data transmission for NB-IoT applications

8.3 Rate of adoption of NB-IoT solutions by different industry verticals

8.4 Average power consumption efficiency of NB-IoT devices

8.5 Percentage improvement in overall operational efficiency achieved through NB-IoT implementations

9 India Narrowband IoT (NB-IoT) Enterprise Application Market - Opportunity Assessment

9.1 India Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Application Software, 2021 & 2031F

9.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Smart Application, 2021 & 2031F

9.3 India Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Technology Service, 2021 & 2031F

9.4 India Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Vertical, 2021 & 2031F

10 India Narrowband IoT (NB-IoT) Enterprise Application Market - Competitive Landscape

10.1 India Narrowband IoT (NB-IoT) Enterprise Application Market Revenue Share, By Companies, 2024

10.2 India Narrowband IoT (NB-IoT) Enterprise Application Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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