NB-IoT (Narrowband IoT) is a 3GPP Low Power Wide Area Network cellular radio technology standard designed to cover low cost/long battery life use cases, especially for the Internet of Things and M2M.
Narrowband IoT (NB-IoT) is a Low Power Wide Area Network (LPWAN) radio technology standard developed by 3GPP to enable a wide range of cellular devices and services. The specification was frozen in 3GPP Release 13 (LTE Advanced Pro), in June 2016. Other 3GPP IoT technologies include eMTC (enhanced Machine-Type Communication) and EC-GSM-IoT.
NB-IoT focuses specifically on indoor coverage, low cost, long battery life, and high connection density. NB-IoT uses a subset of the LTE standard, but limits the bandwidth to a single narrow-band of 200kHz. It uses OFDM modulation for downlink communication and SC-FDMA for uplink communications.
Source: Wikipedia : Narrowband IoT (under CC BY-SA license)