The global LPWAN market is anticipated to grow at an exponential CAGR of 34.2% during the forecast period . 5G technology is expected to drive the LPWAN market growth during the forecast. The need for improvement in 4G technology in terms of low cost, network capacity, and network efficiency are projected to increase the usage of LWPAN. The 5G technology is likely to support a wide array of features and the existing usages of LPWAN. 5G technology improves existing consumer business and digitalization of industries due to which many big companies are increasing investment toward 5G technology.
For instance, in January 2022, Nokia and Tech Mahindra joined hands to deploy 5G-based solutions for business organizations. Tech Mahindra leverage Nokia’s private wireless DAC (digital automation cloud) solution for customers across industries and facilitate automating 5G private wireless network management on a cloud computing system and enabling them to deploy internet of things like technology. Moreover, in June 2019, Ericsson and China Telecom successfully achieved a 5G Standalone (SA) end-to-end data call on the service provider’s 5G trial network in Hangzhou using a commercial chipset-based terminal from MediaTek.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2022
- Forecast period- 2023-2029
Segment Covered-
- By Technology
- By Application
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape – Actility, S.A., Cisco Systems, Inc., Ingenu, Inc., Libelium Comunicaciones Distribuidas S.L, Nwave Technologies, Qualcomm Technologies, Inc., Semtech Corp., Sigfox Inc., Telefonica S.A., and Weightless SIG.
LPWAN Market Report Segment
By Technology
- Random Phase Multiple Access (RPMA)
- LoRa
- Weightless SIG
- GreenOFDM
- Ultra-Narrow Band
- Sigfox
- Others
By Application
- Smart Home
- Monitoring and Security
- Smart Agriculture and Energy
- Smart City and Security
- Industrial IoT Deployments
- Other
By End-User
- Healthcare
- Transportation and Logistics
- Oil and Gas
- Consumer Electronics
- Agriculture
- Others
A full Report of Low Power Wide Area Network (LPWAN) Market is Available @ https://www.omrglobal.com/industry-reports/low-power-wide-area-network-lpwan-market-size
LPWAN Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profile
- GreenWaves Technologies
- Haystack Technologies, Inc.
- Ingenu, Inc.
- Libelium Comunicaciones Distribuidas S.L
- M2M Connectivity Pty. Ltd.
- Murata Manufacturing Co., Ltd.
- Orange Business Services
- Qualcomm Technologies, Inc.
- Senet, Inc.
- Sierra Wireless, Inc.
- Telefónica S.A.
- Telensa, Ltd.
- Trilliant Holdings, Inc.
- Vodafone New Zealand, Ltd.
- Weightless SIG
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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- Over 100+ paid data sources mined for investigation.
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