Global Private Narrowband IoT Market is expected to reach USD 16,075.4 Million by 2025, growing at a CAGR of 92.1% during the forecast period (2019–2025). In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

Private narrowband Internet of Things (NB-IoT) is a new cellular standard for low-power wide-area (LPWA) M2M (machine to machine) communication. It is a standard created by the 3rd Generation Partnership Project (3GPP). Private NB-IoT offers several advantages over conventional 4G/LTE mobile connectivity technologies such as better indoor coverage, low cost, energy efficiency, and greater device connectivity. The hardware manufacturers offer various private NB-IoT modules that exhibit a maximum life expectancy of up to ten years. Private NB-IoT modules cost USD 15–20 and it is expected that the price will further drop in the upcoming years. Due to all these benefits, private NB-IoT technology is being significantly deployed for various end-use applications across the globe. Some of the key factors driving the market growth are increasing demand for LPWAN, low deployment cost, long battery life, extended coverage, and high security.

With the growth in the demand for LPWAN technology, the overall narrowband IoT market is increasing. LPWAN allows long-range communication at a low bit rate and is, therefore, regarded as one of the key technology choices for building IoT networks across the globe. These wireless technologies can be integrated into vehicles, streetlights, home appliances, manufacturing equipment, and even wearable devices. LPWAN offers a combination of long-range, low power consumption, and secure data transmission, which makes it one of the preferred network technologies. Well-established technology providers like NWave Technologies, Qualcomm Inc., Cisco Systems, AT&T Inc., and Huawei Technologies Co. Ltd among others offer various LPWAN technologies to a number of clients worldwide.

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Competitive Analysis

The Prominent Players operating in the Private Narrowband IoT Market are The Key Players of the Global Private Narrowband IoT Market are AT&T, Verizon Communications, China Mobile Limited, Huawei Technologies Co. Ltd, Intel Corporation, Telefónica, Vodafone Group Plc., Orange, China Unicom, Telstra, Nokia, Ericsson, Qualcomm Technologies Inc, Telecom Italia, Emirates Telecommunications Corporation.

Segmental Analysis

The Global Private Narrowband IoT Market has been segmented based on Application, Deployment, Vertical, and Region.

Based on the application, the private narrowband IoT has been segmented into real-time streaming analytics, asset tracking, smart parking management, security, logistics tracking, soil monitoring, and others. The smart parking management segment accounts for the largest market share in 2019. NB-IoT based vehicle detectors consume low power; they also have a standby life of three to five years. NB-IoT base stations offer broad and in-depth coverage. Along with this, the signals are enough to cover a one-story underground parking lot. Due to all the above-mentioned benefits, NB-IoT is increasingly being used for network communications in smart parking solutions. The companies are able to manage their parking places and increase the revenue collected from them with the help of NB-IoT-based smart parking systems.

Based on the deployment model, the market has been segmented into in-band, standalone, guard band. The guard band segment accounts for the largest market share in 2019. In the guard band deployment type, the operators deploy NB-IoT in the unused resource blocks within an LTE carrier. Here, the cellular services are present and NB-IoT is positioned in the guard band of LTE carriers. However, the LTE resources are not allocated which prevents the possible interference of LTE with NB-IoT.

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Based on industry vertical, the private narrowband IoT has been categorized as agriculture, logistics and transportation, healthcare, industrial manufacturing, energy and utilities, and others. The industrial manufacturing segment accounts for the largest market share in 2019. In the industrial manufacturing sector, NB-IoT is being implemented for various applications such as warehouse monitoring, safety and security, asset tracking, smart lighting, smart parking, and infrastructure monitoring. For instance, China Telecom, Huawei and a manufacturing company worked together to create an NB-IoT-based mold management solution. This solution automatically collects data about mold locations, tooling opening and closing numbers, and forming period. Based on this information, the SaaS-based execution operations provide services such as asset, spare part, and capacity management, mold operations, maintenance and repair management, and enterprise-level mold sharing

Regional Analysis

The regional analysis for the global private narrowband IoT has been conducted for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

The market in North America accounted for the largest market share in 2019, and it is expected to dominate the market in the coming years. The large share is owing to the presence of various leading device manufacturers and network service providers focusing on testing and commercial deployment of private narrowband IoT solutions for consumer applications.

The market in Asia-Pacific is expected to grow at the highest CAGR of 97.1% during the forecast period. For the purpose of analysis, Asia-Pacific has been categorized into China, Japan, India, and the rest of Asia-Pacific. China accounts for the largest share in the Asia-Pacific region. Japan and other emerging countries are also validly moving towards narrowband IoT Infrastructure due to the growing investment by various government and private agencies.

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Grand launch of largest worldwide online marketplace platform AfricanCaterers.com for African caterers

London, UK, May 18, 2021 - AfricanCaterers.com announces the grand launch of the world's largest online marketplace for African catering service. Customers can use the AfricanCaterers.com marketplace to search and find the best African caterers near their local area for creating unique experiences and events featuring African cuisine and hospitality. With AfricanCaterers.com marketplace, it is easy to connect with caterers that provide an extraordinary culinary experience featuring authentic African food. 

AfricanCaterers.com is based in South Wales, United Kingdom, and is available to users all over the world. AfricanCaterers.com has caterers for all occasions, corporate luncheon, dinner party, wedding celebrations, birthday parties, graduations, remembrance, and all special occasions. It is the marketplace for all African catering services like food services, cocktail, barbecue, buffet, catering equipment, waiting staff, party decoration, takeaway, and drop-off service.  African Diasporas who are planning for events in their respective home countries can also contact caterers on the platform and hire them. The marketplace is created to provide flexibility, convenience to customers, event planners, corporate bodies, party hosts in their choice of caterers in line with a set budget.

 
AfricanCaterers.com receives requests from a large range of clients with different needs like a wedding reception, birthday celebration, corporate meetings, or private party. Service providers will receive only relevant requests that are coming from customers depending on chosen business and categories in their profile. For a small fee, service providers can contact the customers and respond to the request sent to them to complete the deal. It is completely free for caterers to sign up for an account and view the customer requests available in their local areas.
  
AfricanCaterers.com marketplace platform connects African caterers who can serve delicious African delicacies to customers searching for reliable, professional African caterers around the world. As the world’s largest marketplace for African catering, it is the preferred solution among African caterers for growing their business. 

About AfricanCaterers.com
AfricanCaterers.com, previously as AfricaFoodCatering.com, makes it easy to source African Food Caterers and Catering Services Providers for big parties, occasions, anniversaries, business luncheon, etc. Our platform provides you the opportunity to choose the right catering provider that meets your requirements and budgets. Customers can be assured that all our listed catering service partners are experienced, with impeccable backgrounds, well trained, and compliant with all relevant regulations associated with their industry.
 

Encino, CA, May 18, 2021 -- VDOSH, a Los Angeles-based venture capital firm, has announced its investment in MediGuru. MediGuru is a software platform that enables healthcare systems, provider networks, or payer networks to set up a telemedicine solution that could be customized and branded as part of their virtual care practice.

“At VDOSH, we understand the importance of making healthcare convenient and accessible for everyone. MediGuru specializes in implementing a custom telehealth solution for mid-size and group health medical practices that seamlessly integrates with their existing processes and these organizations without a large IT organization can focus on a seamless operation rather than force-fitting commercial video conferencing platforms into their practice. Our investment in this technology allows us to make a global impact in terms of putting cutting-edge technology into the hands of practitioners around the world,” says Managing Partner, Vishal Arora.
 
Virtual health is much more complex than just facilitating a video conference between healthcare provider and patient. Creating comprehensive workflow solutions that are healthcare specific, HIPPA-compliant and can seamlessly integrate with any EHR system is a distinguishing factor for this company. “MediGuru was purpose-built with workflows that were co-designed by care teams to integrate into an existing practice providing the same level of in-person experience. Our innovative solution is simple to use, offers a superior treatment experience that elevates a company's Care Outcomes while decreasing the cost to implement,” says CEO and founder, Siva Nagalingam.
 
COVID-19 accelerated telehealth adoption and usage. Even post-Covid, 35% of medical consultations are expected to be virtual. The future innovation in efficiency and quality of telemedicine platforms is key for success. Siva also shares, "We are very pleased to receive this early investment from VDOSH.  Our solution is technically comparable with some of the market leaders and is being evaluated and adopted by multiple organizations. There is a need to have a solution that is simple and integrates seamlessly with less customization, implementation, and operational costs. This capital will allow us focus on sales and business development resources to increase our adoption inside continental US.”
 
VDOSH is a venture capital firm, which gives investors the opportunity to invest in promising new startup companies alongside major players in the industry through VDOSH Fund. For its entrepreneurs, it provides an efficient funding process and instantaneous access to a well-established network of investors and influencers.
 
You can find more information on VDOSH at www.vdosh.com.

Brazil’s Ministry of Economy and National Institute of Metrology, Quality and Technology (INMETRO) has published a new ordinance that consolidates conformity assessment requirements for party items.

Published in March 2021 and coming into effect on April 1, 2021, Ordinance No. 121 of March 15, 2021, repeals several INMTERO ordinances:

• 545/2012
• 603/2013
• 270/2015
• 147/2019
• 507/2019
• 343/2020

Ordinance 121/2021 has a variety of provisions, including:

Annex I ‘Conformity Assessment Requirements’:

• Criteria and procedures for assessment
• Adoption of ABNT NBR 13883:2015 – Safety of Party Supplies: Requirements and Test Methods
• Certification Models 2 (only for micro and small enterprises), 5 or 1b to achieve the necessary certificate of conformity (CoC)
• Safety requirements (including):
  1. Physical and mechanical properties
  2. Flammability properties for textile materials
  3. Prohibition of pentachlorophenol (PCP) and its salts in wood materials
  4. Migration limit of 8 mg/dm² for food contact or oral contact items
  5. Restriction limits for 8 soluble elements:

Antimony (Sb): no more than 60 mg/kg
Arsenic (As): no more than 25 mg/kg
Barium (Ba): no more than 1,000 mg/kg
Cadmium (Cd): no more than 75 mg/kg
Chromium (Cr): no more than 60 mg/kg
Lead (Pb): no more than 90 mg/kg
Mercury (Hg): no more than 60 mg/kg
Selenium (Se)    : no more than 500 mg/kg

• No more than 0.1% for (the sum of) six phthalates in plasticized materials, such as vinyl materials, that are more than 100 mg in weight

Annex II ‘Conformity Identification Seal’: establishes requirements, includes illustrations of formats and dimensions

Annex III ‘Framework for Party Items’: list of products that are considered within and outside the scope of the Ordinance

The six phthalates are:

1. Benzylbutyl phthalate (BBP)       
2. Dibutyl phthalate (DBP)
3. Di-(2-ethylhexyl) phthalate (DEHP)          
4. Diisodecyl phthalate (DIDP)        
5. Diisononyl phthalate (DINP)       
6. Di-n-octyl phthalate (DNOP)       

Stakeholders are now advised to read SGS’s SafeGuard 056/21 to read a more complete list of Annex I provisions, and check their products comply with the latest Brazilian regulations.

SGS Consumer Products Services

Through a global network of state-of-the-art laboratories, SGS offers consultation and comprehensive testing services (physical/mechanical, chemical, flammability, electrical safety, etc) covering the full spectrum of international product safety and regulatory standards for a wide range of consumer products. Learn more about SGS’s Consumer Products Services. 

SGS SafeGuardS keep you up to date with the latest news and developments in the consumer goods industry. Read the full Brazil Issues Legislation for Party Items SafeGuardS. 

Subscribe here to receive SGS SafeGuardS direct to your inbox.

For further information contact:

Dr. HingWo Tsang

Global Information and Innovation Manager

Tel: (+852) 2774 7420

Bruno Grigoleto

Manager

Tel: (+55) 11 2664 9595  ext. 8060

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/hardlines

LinkedIn: sgs-consumer-goods-&-retail

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 89,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

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