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

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: ETC4382367 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

malaysia narrowband iot nb iot enterprise application market overview

The Narrowband IoT (NB-IoT) segment in Malaysia is experiencing robust growth, driven by the increasing demand for efficient and cost-effective solutions for IoT applications. This technology is finding widespread adoption in various industries, including healthcare, agriculture, and logistics. The deployment of NB-IoT networks is enabling businesses to achieve enhanced connectivity, lower power consumption, and reliable data transmission.

Drivers of the Market

The Narrowband IoT Enterprise Application market in Malaysia is being driven by the growing adoption of IoT solutions across industries. Enterprises are increasingly embracing IoT technologies to improve operational efficiency, reduce costs, and enhance decision-making processes. NB-IoT, with its low power consumption and long-range capabilities, is particularly well-suited for IoT deployments in areas like smart cities, agriculture, and logistics. The market`s growth is further stimulated by the government`s initiatives to encourage IoT adoption, thereby boosting the demand for NB-IoT enterprise applications.

Challenges of the Market

The narrowband IoT (NB-IoT) enterprise application market in Malaysia faces challenges related to the deployment and management of IoT solutions. Ensuring the reliability and security of IoT devices and networks is crucial, given their widespread use in various industries. Moreover, interoperability and standardization are essential for the successful integration of NB-IoT applications across diverse sectors. Enterprises must navigate these complexities while harnessing the potential of NB-IoT for improved efficiency and innovation in their operations.

Covid-19 Impact of the Market

COVID-19 had a significant impact on the Malaysia Narrowband IoT (NB-IoT) Enterprise Application Market. The pandemic highlighted the importance of remote monitoring and control of assets and services, leading to a surge in demand for NB-IoT applications. Industries like healthcare, logistics, and manufacturing increasingly adopted NB-IoT for real-time tracking, monitoring, and automation, driving market growth. However, supply chain disruptions and economic uncertainties affected the rate of adoption in some sectors.

Leading Players of the Market

The Malaysia Narrowband IoT (NB-IoT) Enterprise Application market is witnessing growth as IoT adoption increases. Telit, a global player, provides NB-IoT modules and solutions to Malaysia enterprises looking to capitalize on this technology. Huawei, with its strong presence in the country, offers NB-IoT infrastructure and applications for businesses. Local companies like Xperanti IoT contribute to the market by providing tailored NB-IoT solutions and services to domestic enterprises.

Key Highlights of the Report:

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

3.1 Malaysia Country Macro Economic Indicators

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

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

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

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

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

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

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

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

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for IoT solutions in various industries

4.2.2 Increasing adoption of narrowband IoT technology for efficient connectivity

4.2.3 Government initiatives and support for IoT implementation in Malaysia

4.3 Market Restraints

4.3.1 Concerns over data security and privacy in IoT applications

4.3.2 High initial investment required for deploying NB-IoT solutions

4.3.3 Lack of skilled professionals for managing and maintaining IoT systems

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

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

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

6.1.1 Overview and Analysis

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

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

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

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

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

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

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

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

6.2.1 Overview and Analysis

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

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

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

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

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

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

6.3.1 Overview and Analysis

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

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

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

6.4.1 Overview and Analysis

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

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

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

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

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

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

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

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

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

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

8.1 Average response time for issue resolution in NB-IoT applications

8.2 Rate of successful implementation of NB-IoT projects

8.3 Percentage of enterprises adopting NB-IoT technology for their operations

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

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

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

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

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

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

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

10.2 Malaysia 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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