Global Narrowband IoT (NB-IoT) Platform Service market growth is projected to reach  US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Global Narrowband IoT (NB-IoT) Platform Service Market Trends and Analysis 2025-31

The global Narrowband IoT (NB-IoT) Platform Service market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031. According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of Chinas data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years. LPI (LP Information) newest research report, the Narrowband IoT (NB-IoT) Platform Service Industry Forecast looks at past sales and reviews total world Narrowband IoT (NB-IoT) Platform Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Narrowband IoT (NB-IoT) Platform Service sales for 2025 through 2031. With Narrowband IoT (NB-IoT) Platform Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Narrowband IoT (NB-IoT) Platform Service industry. This Insight Report provides a comprehensive analysis of the global Narrowband IoT (NB-IoT) Platform Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Narrowband IoT (NB-IoT) Platform Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Narrowband IoT (NB-IoT) Platform Service market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Narrowband IoT (NB-IoT) Platform Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Narrowband IoT (NB-IoT) Platform Service. This report presents a comprehensive overview, market shares, and growth opportunities of Narrowband IoT (NB-IoT) Platform Service market by product type, application, key players and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Connection Management &nbsp;&nbsp;&nbsp; Application Development &nbsp;&nbsp;&nbsp; Device Management &nbsp;&nbsp;&nbsp; Others Segmentation by Application: &nbsp;&nbsp;&nbsp; Smart Water Affairs &nbsp;&nbsp;&nbsp; Smart Gas &nbsp;&nbsp;&nbsp; Smart Car Lock &nbsp;&nbsp;&nbsp; Smart Lighting &nbsp;&nbsp;&nbsp; Smart Smoke Sense &nbsp;&nbsp;&nbsp; Others This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Cisco &nbsp;&nbsp;&nbsp; Vodafone &nbsp;&nbsp;&nbsp; Ericsson &nbsp;&nbsp;&nbsp; Alibaba Cloud &nbsp;&nbsp;&nbsp; Tencent Cloud &nbsp;&nbsp;&nbsp; China Mobile OneLink &nbsp;&nbsp;&nbsp; Baidu AI Cloud

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Narrowband IoT (NB-IoT) Platform Service Market Size (2020-2031) &nbsp;2.1.2 Narrowband IoT (NB-IoT) Platform Service Market Size CAGR by Region (2020 VS 2024 VS 2031) &nbsp;2.1.3 World Current & Future Analysis for Narrowband IoT (NB-IoT) Platform Service by Country/Region (2020, 2024 & 2031) &nbsp;2.2 Narrowband IoT (NB-IoT) Platform Service Segment by Type &nbsp;2.2.1 Connection Management &nbsp;2.2.2 Application Development &nbsp;2.2.3 Device Management &nbsp;2.2.4 Others &nbsp;2.3 Narrowband IoT (NB-IoT) Platform Service Market Size by Type &nbsp;2.3.1 Narrowband IoT (NB-IoT) Platform Service Market Size CAGR by Type (2020 VS 2024 VS 2031) &nbsp;2.3.2 Global Narrowband IoT (NB-IoT) Platform Service Market Size Market Share by Type (2020-2025) &nbsp;2.4 Narrowband IoT (NB-IoT) Platform Service Segment by Application &nbsp;2.4.1 Smart Water Affairs &nbsp;2.4.2 Smart Gas &nbsp;2.4.3 Smart Car Lock &nbsp;2.4.4 Smart Lighting &nbsp;2.4.5 Smart Smoke Sense &nbsp;2.4.6 Others &nbsp;2.5 Narrowband IoT (NB-IoT) Platform Service Market Size by Application &nbsp;2.5.1 Narrowband IoT (NB-IoT) Platform Service Market Size CAGR by Application (2020 VS 2024 VS 2031) &nbsp;2.5.2 Global Narrowband IoT (NB-IoT) Platform Service Market Size Market Share by Application (2020-2025) 3 Narrowband IoT (NB-IoT) Platform Service Market Size by Player &nbsp;3.1 Narrowband IoT (NB-IoT) Platform Service Market Size Market Share by Player &nbsp;3.1.1 Global Narrowband IoT (NB-IoT) Platform Service Revenue by Player (2020-2025) &nbsp;3.1.2 Global Narrowband IoT (NB-IoT) Platform Service Revenue Market Share by Player (2020-2025) &nbsp;3.2 Global Narrowband IoT (NB-IoT) Platform Service Key Players Head office and Products Offered &nbsp;3.3 Market Concentration Rate Analysis &nbsp;3.3.1 Competition Landscape Analysis &nbsp;3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.4 New Products and Potential Entrants &nbsp;3.5 Mergers & Acquisitions, Expansion 4 Narrowband IoT (NB-IoT) Platform Service by Region &nbsp;4.1 Narrowband IoT (NB-IoT) Platform Service Market Size by Region (2020-2025) &nbsp;4.2 Global Narrowband IoT (NB-IoT) Platform Service Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Narrowband IoT (NB-IoT) Platform Service Market Size Growth (2020-2025) &nbsp;4.4 APAC Narrowband IoT (NB-IoT) Platform Service Market Size Growth (2020-2025) &nbsp;4.5 Europe Narrowband IoT (NB-IoT) Platform Service Market Size Growth (2020-2025) &nbsp;4.6 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service Market Size Growth (2020-2025) 5 Americas &nbsp;5.1 Americas Narrowband IoT (NB-IoT) Platform Service Market Size by Country (2020-2025) &nbsp;5.2 Americas Narrowband IoT (NB-IoT) Platform Service Market Size by Type (2020-2025) &nbsp;5.3 Americas Narrowband IoT (NB-IoT) Platform Service Market Size by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Narrowband IoT (NB-IoT) Platform Service Market Size by Region (2020-2025) &nbsp;6.2 APAC Narrowband IoT (NB-IoT) Platform Service Market Size by Type (2020-2025) &nbsp;6.3 APAC Narrowband IoT (NB-IoT) Platform Service Market Size by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia 7 Europe &nbsp;7.1 Europe Narrowband IoT (NB-IoT) Platform Service Market Size by Country (2020-2025) &nbsp;7.2 Europe Narrowband IoT (NB-IoT) Platform Service Market Size by Type (2020-2025) &nbsp;7.3 Europe Narrowband IoT (NB-IoT) Platform Service Market Size by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service by Region (2020-2025) &nbsp;8.2 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service Market Size by Type (2020-2025) &nbsp;8.3 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service Market Size by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Global Narrowband IoT (NB-IoT) Platform Service Market Forecast &nbsp;10.1 Global Narrowband IoT (NB-IoT) Platform Service Forecast by Region (2026-2031) &nbsp;10.1.1 Global Narrowband IoT (NB-IoT) Platform Service Forecast by Region (2026-2031) &nbsp;10.1.2 Americas Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.1.3 APAC Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.1.4 Europe Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.1.5 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.2 Americas Narrowband IoT (NB-IoT) Platform Service Forecast by Country (2026-2031) &nbsp;10.2.1 United States Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.2.2 Canada Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.2.3 Mexico Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.2.4 Brazil Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.3 APAC Narrowband IoT (NB-IoT) Platform Service Forecast by Region (2026-2031) &nbsp;10.3.1 China Narrowband IoT (NB-IoT) Platform Service Market Forecast &nbsp;10.3.2 Japan Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.3.3 Korea Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.3.4 Southeast Asia Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.3.5 India Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.3.6 Australia Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.4 Europe Narrowband IoT (NB-IoT) Platform Service Forecast by Country (2026-2031) &nbsp;10.4.1 Germany Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.4.2 France Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.4.3 UK Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.4.4 Italy Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.4.5 Russia Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.5 Middle East & Africa Narrowband IoT (NB-IoT) Platform Service Forecast by Region (2026-2031) &nbsp;10.5.1 Egypt Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.5.2 South Africa Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.5.3 Israel Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.5.4 Turkey Market Narrowband IoT (NB-IoT) Platform Service Forecast &nbsp;10.6 Global Narrowband IoT (NB-IoT) Platform Service Forecast by Type (2026-2031) &nbsp;10.7 Global Narrowband IoT (NB-IoT) Platform Service Forecast by Application (2026-2031) &nbsp;10.7.1 GCC Countries Market Narrowband IoT (NB-IoT) Platform Service Forecast 11 Key Players Analysis &nbsp;11.1 Cisco &nbsp;11.1.1 Cisco Company Information &nbsp;11.1.2 Cisco Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.1.3 Cisco Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.1.4 Cisco Main Business Overview &nbsp;11.1.5 Cisco Latest Developments &nbsp;11.2 Vodafone &nbsp;11.2.1 Vodafone Company Information &nbsp;11.2.2 Vodafone Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.2.3 Vodafone Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.2.4 Vodafone Main Business Overview &nbsp;11.2.5 Vodafone Latest Developments &nbsp;11.3 Ericsson &nbsp;11.3.1 Ericsson Company Information &nbsp;11.3.2 Ericsson Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.3.3 Ericsson Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.3.4 Ericsson Main Business Overview &nbsp;11.3.5 Ericsson Latest Developments &nbsp;11.4 Alibaba Cloud &nbsp;11.4.1 Alibaba Cloud Company Information &nbsp;11.4.2 Alibaba Cloud Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.4.3 Alibaba Cloud Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.4.4 Alibaba Cloud Main Business Overview &nbsp;11.4.5 Alibaba Cloud Latest Developments &nbsp;11.5 Tencent Cloud &nbsp;11.5.1 Tencent Cloud Company Information &nbsp;11.5.2 Tencent Cloud Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.5.3 Tencent Cloud Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.5.4 Tencent Cloud Main Business Overview &nbsp;11.5.5 Tencent Cloud Latest Developments &nbsp;11.6 China Mobile OneLink &nbsp;11.6.1 China Mobile OneLink Company Information &nbsp;11.6.2 China Mobile OneLink Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.6.3 China Mobile OneLink Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.6.4 China Mobile OneLink Main Business Overview &nbsp;11.6.5 China Mobile OneLink Latest Developments &nbsp;11.7 Baidu AI Cloud &nbsp;11.7.1 Baidu AI Cloud Company Information &nbsp;11.7.2 Baidu AI Cloud Narrowband IoT (NB-IoT) Platform Service Product Offered &nbsp;11.7.3 Baidu AI Cloud Narrowband IoT (NB-IoT) Platform Service Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.7.4 Baidu AI Cloud Main Business Overview &nbsp;11.7.5 Baidu AI Cloud Latest Developments 12 Research Findings and Conclusion

Report	Global Narrowband IoT (NB-IoT) Platform Service Market Growth (Status and Outlook) 2025-2031
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