Low Power Wide Area Network (LPWAN) Market 2018 Global Leaders: Semtech, Link Labs, Qualcomm, Huawei Technologies, Senet, Weightless SIG, Actility, LORIOT, NWave Technologies, SIGFOX

Market Research Future published a research report on “Low Power Wide Area Network (LPWAN) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Low Power Wide Area Network Global Market - Overview

The Global Low Power Wide Area Network Market is growing with the rapid pace mainly due to the increasing number of connected devices and increase in the internet of things market. According to a recent study report published by the Market Research Future, the global market of Low Power Wide Area Network is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).

Low power wide area network is referred to a particular network that enables long range communication at a low bit rate. This network also prevails the technology choice for building IoT networks across the globe. This wireless technology can be integrated into the cars, manufacturing equipment, street lights, home appliances and wearable devices. Low power wide area network offers a persuasive mix of long range, low power consumption and secure data transmission.

MRFR Analysis exhibits that the increasing number M2M applications, rapid increase in the number of connected devices and rising need of long range connectivity between devices that are the driving factor for the growth of the global low power wide area network market. Apart from it, increasing demand for low cost and low power consumption of LPWAN technology is driving the growth in the market.

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Industry News

March 2018 - The provider of local, nationwide and international cellular coverage, Senet and Inland Cellular, have announced a partnership to deliver Low Power Wide Area Network (LPWAN) connectivity across Inland Cellular’s coverage areas and extend Inland’s branded services to support the rapid growth of IoT applications.

March 2018 – Sigfox U.S.A., the North America network operator for the global Low Power Wide Area Network (LPWAN) connectivity provider Sigfox, has focused its growth strategy on densifying the network in key regional markets and expanding its partner ecosystem.

March 2018- Senet, a leading provider of cloud-based software, global connectivity service platforms and network buildout for the Internet of Things (IoT), and NanoThings, a full service IoT logistics solution provider and pioneer of advancements in nano electronics to enable a new era of affordability in IoT devices, have announced a partnership to disrupt the logistics industry with the introduction of NanoThings’ LoRa-powered NanoTag technology.

Key Players:

Some of the prominent players in the global low power wide area network market are Semtech Corporation (U.S.), LORIOT (Switzerland), NWave Technologies (London), SIGFOX (France), WAVIoT (U.S.), Cisco Systems (U.S.), Actility (France), Weightless SIG (U.K), Senet, Inc. (U.S.), AT&T Inc. (Germany), Huawei Technologies Co. Ltd. (China), Ingenu (U.S.), Link Labs Inc. (U.S.), Qualcomm Inc. (U.S.), Telefonica SA (Spain) and Vodafone Group Plc. (U.K).

Low Power Wide Area Network Global Market - Segmentation

The Low Power Wide Area Network Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

• Segmentation by Connectivity Technology: Comprises SIGFOX, LoRaWAN and Others
• Segmentation by Service: Comprises Professional Service and Managed Service.
• Segmentation by Network Deployment: Comprises Private Sector and Public Sector
• Segmentation by Application: Comprises Smart Waste Management, smart building, Smart Gas & Water Metering, Smart Street Light, Smart Parking, livestock monitoring and others
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia-Pacific and Rest of the World.

Low Power Wide Area Network Global Market - Regional Analysis

North-America is dominating the Global Low Power Wide Area Network Market with the largest market share and is expected to grow over its previous growth records by 2023. This is due to increasing support of the U.S government and investment for the adoption of IOT technology in various industries such as utilities, manufacturing, and healthcare are providing a key growth opportunities for narrowband internet of things market in North America. Low Power Wide Area Network Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2017 to 2023 due to rapid technological advancements and China being the manufacturing hub is dominating the market in Asia-pacific region. Moreover, the increasing investments for smart city projects in Asia Pacific countries is boosting the Low Power Wide Area Network Market. The European market for Low Power Wide Area Network Market is expected to grow at a considerable CAGR (2017-2023).

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Technology Solution Providers
• Government Bodies
• Regulatory Agencies
• Corporate
• Low Power Wide Area Network Solution Providers
• Telecom Operators
• Mobile Network Operators (MNOs)
• Mobile Service Providers (MSPs)
• Original Equipment Manufacturers (OEMs)

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