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Global NB-IoT Trackers Market Growth (Status and Outlook) 2025-2031
Oct 2025
Information and Communication Technology
Pages: 119
LPI16397
The global NB-IoT Trackers market size is predicted to grow from US$ 2653 million in 2025 to US$ 6356 million in 2031; it is expected to grow at a CAGR of 15.7% from 2025 to 2031.
NB-IoT (Narrowband Internet of Things) trackers are low-power, wide-area network (LPWAN) devices designed to provide real-time tracking and monitoring capabilities for assets, vehicles, equipment, or individuals. These trackers use NB-IoT technology, which is a cellular communication standard optimized for IoT applications, offering reliable connectivity in remote areas with low power consumption. NB-IoT trackers are commonly used in industries like logistics, fleet management, supply chain, and asset tracking.
United States market for NB-IoT Trackers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for NB-IoT Trackers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for NB-IoT Trackers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key NB-IoT Trackers players cover Huawei Technologies Co., Ltd., Ericsson Corporation, Qualcomm Technologies Inc., AT&T Inc., Verizon Wireless, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information) newest research report, the NB-IoT Trackers Industry Forecast looks at past sales and reviews total world NB-IoT Trackers sales in 2024, providing a comprehensive analysis by region and market sector of projected NB-IoT Trackers sales for 2025 through 2031. With NB-IoT Trackers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NB-IoT Trackers industry.
This Insight Report provides a comprehensive analysis of the global NB-IoT Trackers 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 NB-IoT Trackers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global NB-IoT Trackers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NB-IoT Trackers 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 NB-IoT Trackers.
This report presents a comprehensive overview, market shares, and growth opportunities of NB-IoT Trackers market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hardware
Software
Service
Segmentation by Application:
Asset Tracking & Monitoring
Animal Tracking
Logistic Tracking
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
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.
Huawei Technologies Co., Ltd.
Ericsson Corporation
Qualcomm Technologies Inc.
AT&T Inc.
Verizon Wireless
Intel Corporation
Nokia Corporation
Sierra Wireless
Vodafone Group plc
Telit Cinterion
Sequans Communications
Nordic Semiconductor
Semtech Corporation
Quectel Wireless Solutions Co.,
u-blox
📘 Frequently Asked Questions
1. What is the market size of Global NB-IoT Trackers Market?
Answer: The Global NB-IoT Trackers Market size was estimated at USD 653 million in 2025 to US$ 6356 in 2024 and is expected to reach USD XX million in 2034.
2. Which regions are analyzed in the Global NB-IoT Trackers Market report?
Answer: The Global NB-IoT Trackers Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global NB-IoT Trackers Market?
Answer: The Global NB-IoT Trackers Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global NB-IoT Trackers Market?
Answer: Yes, the Global NB-IoT Trackers Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global NB-IoT Trackers Market?
Answer: Yes, Global NB-IoT Trackers Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global NB-IoT Trackers Market report?
Answer: Yes, Global NB-IoT Trackers Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global NB-IoT Trackers Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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