LoRa Gateway Market Booming Worldwide with Latest Trend and Future Scope by 2029

The LoRa Gateway market is anticipated to grow at a significant CAGR during the forecast period (2023-2029). The market growth is majorly attributed owing to the rising adoption of IoT devices. The large and ever-growing IoT networks are expected to foster a substantial demand for the LoRa gateway modules. For instance, as per the data provided by the GSMA (Groupe Spécial Mobile Association), the number of IoT connections (non-cellular and cellular) is expected to increase by more than threefold all over the globe between 2017 and 2025 and reach 25 billion. To further clarify this, in the year 2017, the total number of IoT connections in the Asia-Pacific region alone was nearly 2.8 billion, and this is expected to reach 10.9 billion in 2025.

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This LoRa Gateway Market report briefly talks about the significance of every segment and growth aspects. It offers key statistics about major regions such as Europe, Asia Pacific, Middle East, Africa, North America and Latin America. This comprehensive LoRa Gateway Market report works as a potent tool to allow key players get the right direction and guidance for companies to survive in the competitive market. Some of the major sectors are discussed in this LoRa Gateway Market report such as manufacturing technology and industry applications. Competitors section, product type section and end-user section are the leading sections covered in this LoRa Gateway Market study report. Entire market is covered in this Market report along with leading sections. It also covers basic overview of the entire market to help new entrants in making business easy going and forward.

 

All the significant parameters are also captured in this LoRa Gateway Market research report. Key strategies are also captured here to help novel entrants to retain their position in the market. All the significant parameters are also discussed here along with market dynamics such as trends, challenges, opportunities and drivers. It also presents product specifications, company profile and 2022-2028 market shares for every company. Important information covered in this report enables key participants to know regarding the qualitative growth parameters of the global market. Quantifiable information covered in this LoRa Gateway Market report helps to analyze country level and regional level data integrating the supply and demand strengths which are augmenting the market growth. It then goes on to talk about COVID-19 epidemic and how it several affected a number of major business sectors around the globe.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

 

LoRa Gateway Market Report Segmentation

By Product

  • Outdoor Gateway
  • Indoor Gateway

By Application

  • Industrial Automation
  • Asset Tracking
  • Home Automation
  • Smart City
  • Smart Agriculture
  • Others

LoRa Gateway Market by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

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