The global Narrowband Internet of Things (NB-IoT) market size is expected to reach USD 21.78 Billion in 2030 and register a revenue CAGR of 35.1% during the forecast period. Market revenue growth of Narrowband IoT (NB-IoT) is owing to the rapidly growing uses of NB-IoT technology, more technology firms, and telecom service providers are anticipated to design and develop NB-IoT devices and roll out services.

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