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

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 (LPWAN) Market – Overview

Low power wide area networks have risen in demand due to their ability to better deliver network speeds for machine-to-machine (M2M) and the internet of things (IoT) networks. Market focused reports connected to the semiconductors and electronics industry among others of late have been made accessible by Market Research Future which issues reports on this industry. The market is expected to expand with a CAGR of approximately 72 percent in the duration of the forecast period up to 2023.

As LPWAN effectively enables long range communication and helps in creating IoT networks around the world, its demand has increased two fold in the past few years. Demand for low power consumption and low cost characteristics of LPWAN technology is likely to positively benefit the growth of the market over the forecast period. The increased impetus on the development of the Internet of things has given way to the robust expansion of the low power wide area network market. Furthermore, mounting demand for LPWAN services from end users will drive the growth of the market in the duration of the forecast period.

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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.

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 - 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).

Industry Updates:

May 2018 Sigfox USA, which is a North America network operator for the global Low Power Wide Area Network (LPWAN) connectivity provider Sigfox, has partnered with PNI Sensor to launch an IoT enabled parking solution in the USA, the Sigfox supported PlacePod. The partnership is a portion of Sigfox U.S.A.’s expanding ecosystem to serve the needs of the US market better and complements Sigfox existing network coverage in the top 24 US metros. City planners and Parking managers can use the Sigfox supported PlacePod solution to help lessen traffic congestion and carbon emissions while refining urban mobility.

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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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