Ultra narrow band technology networks cater to the requirement of the concept of Internet of Things or IoT that include long range, low bandwidth and low power consumption. Ultra narrow band technology is categorized as a Low Power Wide Area (LPWA) radio technology. This technology is ideal for use in sensors and their applications. The low power consumption advantage paves the way for devices and their batteries to last longer and does away with the need to constantly and periodically replace either the devices or their batteries. Another positive outcome of low power consumption is that it extends the range of the devices that can be connected thus benefiting the overall performance of the network. The long-range property of the ultra narrow band makes it well suited for application in a rural, urban or suburban environment. This network technology is bi-directional and hence provides the capability to not only monitor but also control.
There is a significant amount of research and development underway across universities and research institutes around the world. This is expected to positively impact the market in the next few years.
In terms of applications, the Ultra Narrow Band Technology Market has been segmented across the following
- Smart Lighting, Smart Parking, Tracking, Smart Cities and Others
Europe has been the leading adopter of this technology owing to the presence of the major companies in the market. In 2013, the world’s first dedicated narrowband cellular network was launched for the Internet of Things. North America holds the second position in the market and the growth rate in the other regions are expected to remain moderate till the end of the forecast period considered in this report.
- North America, South America, APAC, Europe, Middle East and Africa
The England headquartered Telensa, pioneered the use of the ultra narrow band communication technology that operates in the license free band. According to the company, there are over nine million ultra narrow band devices currently deployed across 30 countries. SigFox has network operators in over 25 countries. SigFox claims to have over 7 million of connected devices registered on the SIGFOX network. SIGFOX has a patented Ultra Narrow Band (UNB) technology and this enales the operation on unlicensed frequency bands available worldwide and with the benefit of fewer antennas.
Following are just a few of the companies that are operating in the Ultra Narrow Band Technology Market
- Texas Instruments.