Philippines Narrowband IoT (NB-IoT) Market (2025-2031) | Growth, Size & Revenue, Trends, Analysis, Share, Competitive Landscape, Outlook, Companies, Industry, Value, Forecast, Segmentation

Name: Philippines Narrowband IoT (NB-IoT) Market (2025-2031) | Growth & Size
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Application (Smart Metering, Asset Tracking, Alarms & Event Detectors, Smart Parking, Smart Bins, Others), By End use (Healtcare, Retail, Energy & Utilities, transportation & logistics, Agriculture, Smart Citites, Other) And Competitive Landscape

Product Code: ETC8846395	Publication Date: Sep 2024	Updated Date: Aug 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Narrowband IoT (NB-IoT) Market Overview

The NB-IoT market in the Philippines is growing as industries adopt IoT solutions for smart metering, asset tracking, and smart agriculture. Telecom providers are investing in NB-IoT networks to expand connectivity. However, the market faces challenges such as network deployment costs and device compatibility issues.

Drivers of the market

NB-IoT technology is gaining prominence in the Philippines as a cost-effective solution for smart cities, industrial automation, and agricultural monitoring. Telecom operators are investing in NB-IoT deployments to support the growing ecosystem of connected devices. The market is benefiting from increased adoption of IoT-based solutions across various sectors.

Challenges of the market

The NB-IoT market faces challenges in network deployment, high initial investment costs, and interoperability issues. While the technology has potential applications in smart cities and industrial automation, slow infrastructure development limits its widespread use. Additionally, businesses hesitate to adopt NB-IoT due to concerns over compatibility with existing systems.

Investment opportunities in the Market

NB-IoT is playing a crucial role in smart city development, industrial automation, and IoT applications. Investment prospects include developing IoT connectivity solutions, smart meter deployment, and collaborations with utility providers to expand NB-IoT applications.

Government Policy of the market

The government actively supports the deployment of NB-IoT networks through regulatory frameworks that encourage telecom investments. Incentives for smart city projects and IoT innovations help drive the adoption of NB-IoT in industries like agriculture, logistics, and healthcare.

Key Highlights of the Report:

Philippines Narrowband IoT (NB-IoT) Market Outlook
Market Size of Philippines Narrowband IoT (NB-IoT) Market, 2024
Forecast of Philippines Narrowband IoT (NB-IoT) Market, 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Revenues & Volume for the Period 2021- 2031
Philippines Narrowband IoT (NB-IoT) Market Trend Evolution
Philippines Narrowband IoT (NB-IoT) Market Drivers and Challenges
Philippines Narrowband IoT (NB-IoT) Price Trends
Philippines Narrowband IoT (NB-IoT) Porter's Five Forces
Philippines Narrowband IoT (NB-IoT) Industry Life Cycle
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Smart Metering for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Asset Tracking for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Alarms & Event Detectors for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Smart Parking for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Smart Bins for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By End use for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Healtcare for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Retail for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Energy & Utilities for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By transportation & logistics for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Agriculture for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Smart Citites for the Period 2021- 2031
Historical Data and Forecast of Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume By Other for the Period 2021- 2031
Philippines Narrowband IoT (NB-IoT) Import Export Trade Statistics
Market Opportunity Assessment By Application
Market Opportunity Assessment By End use
Philippines Narrowband IoT (NB-IoT) Top Companies Market Share
Philippines Narrowband IoT (NB-IoT) Competitive Benchmarking By Technical and Operational Parameters
Philippines Narrowband IoT (NB-IoT) Company Profiles
Philippines Narrowband IoT (NB-IoT) Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Philippines Narrowband IoT (NB-IoT) Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Narrowband IoT (NB-IoT) Market - Industry Life Cycle

3.4 Philippines Narrowband IoT (NB-IoT) Market - Porter's Five Forces

3.5 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume Share, By End use, 2021 & 2031F

4 Philippines Narrowband IoT (NB-IoT) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for smart city applications and infrastructure in the Philippines

4.2.2 Government initiatives and support for the adoption of IoT technologies

4.2.3 Growing focus on energy efficiency and sustainable practices driving the need for NB-IoT solutions

4.3 Market Restraints

4.3.1 High initial investment costs for deploying NB-IoT infrastructure

4.3.2 Limited coverage and network reliability in certain regions of the Philippines

4.3.3 Lack of skilled workforce and expertise in NB-IoT technology

5 Philippines Narrowband IoT (NB-IoT) Market Trends

6 Philippines Narrowband IoT (NB-IoT) Market, By Types

6.1 Philippines Narrowband IoT (NB-IoT) Market, By Application

6.1.1 Overview and Analysis

6.1.2 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Smart Metering, 2021- 2031F

6.1.4 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Asset Tracking, 2021- 2031F

6.1.5 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Alarms & Event Detectors, 2021- 2031F

6.1.6 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Smart Parking, 2021- 2031F

6.1.7 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Smart Bins, 2021- 2031F

6.1.8 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Others, 2021- 2031F

6.2 Philippines Narrowband IoT (NB-IoT) Market, By End use

6.2.1 Overview and Analysis

6.2.2 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Healtcare, 2021- 2031F

6.2.3 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Retail, 2021- 2031F

6.2.4 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Energy & Utilities, 2021- 2031F

6.2.5 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By transportation & logistics, 2021- 2031F

6.2.6 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Agriculture, 2021- 2031F

6.2.7 Philippines Narrowband IoT (NB-IoT) Market Revenues & Volume, By Smart Citites, 2021- 2031F

7 Philippines Narrowband IoT (NB-IoT) Market Import-Export Trade Statistics

7.1 Philippines Narrowband IoT (NB-IoT) Market Export to Major Countries

7.2 Philippines Narrowband IoT (NB-IoT) Market Imports from Major Countries

8 Philippines Narrowband IoT (NB-IoT) Market Key Performance Indicators

8.1 Average number of new NB-IoT connections deployed per quarter

8.2 Percentage increase in NB-IoT network coverage across the Philippines

8.3 Average time taken to resolve NB-IoT network issues

8.4 Rate of adoption of NB-IoT solutions by different industries

8.5 Number of partnerships and collaborations formed for NB-IoT projects

9 Philippines Narrowband IoT (NB-IoT) Market - Opportunity Assessment

9.1 Philippines Narrowband IoT (NB-IoT) Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Philippines Narrowband IoT (NB-IoT) Market Opportunity Assessment, By End use, 2021 & 2031F

10 Philippines Narrowband IoT (NB-IoT) Market - Competitive Landscape

10.1 Philippines Narrowband IoT (NB-IoT) Market Revenue Share, By Companies, 2024

10.2 Philippines Narrowband IoT (NB-IoT) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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