Narrowband-IoT Market Trends Indicate Expansion in Cross-Border...

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2025-08-13 07:20:21 -

Narrowband-IoT Market Trends Indicate Expansion in Cross-Border Logistics

The global narrowband IoT (NB-IoT) market size was valued at USD 4.16 billion in 2023 and is projected to reach USD 22.75 billion by 2030, expanding at a CAGR of 28.1% from 2024 to 2030. This rapid growth is fueled by the increasing adoption of IoT devices across diverse industries, as NB-IoT technology delivers cost efficiency, extensive coverage, and low power...

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