Wireless IoT (internet of things), specifically LPWA (low-power wide-area) technology, continues to drive digital transformation and enhance real-world experiences, addressing consumer comfort and convenience while leading to energy and operating efficiency improvements across a host of industry segments.
NB-IoT (Narrow-Band IoT) is staking its claim as the LPWA technology of choice, with certain characteristics making it preferable to other technologies.
“Counterpoint Research expects there to be over 1.2 billion NB-IoT connections globally by 2025. This will account for just over a third of total cellular IoT connections, up from 10% in 2020.”
IoT Devices and Gateway Players
Software and Platform Ecosystem
NB-IoT represents a significant opportunity for mobile operators to create new revenue streams beyond the exceedingly competitive consumer segment. By moving further up the value chain beyond connectivity into areas such as IoT software/platforms and analytics, operators stand to capture a larger share of the IoT market and diversify across more industries
Jan also did an interview with Huawei where he spoke about NB-IoT and why it is the leading tech when it comes to both Low Power Wide Area (LPWA) applications as well as 5G massive machine-type communications (mMTC). He also speaks about the key drivers behind the adoption. Watch the interview now: