Low Power Wide Area Network Market by Companies and End-Use Industry 2018-2026: Semtech Corporation , LORIOT , SIGFOX, Weightless SIG

The Low power wide area network market is expected to grow from USD 1.3 Billion in 2018 to USD 25.4 Billion by 2026, at a CAGR of 52.9% during the forecast period. Increasing usage long range connectivity between devices, increasing adoption of advanced technologies like, IoT and M2M, lesser power consumption, lesser technology cost, increasing demand for connectivity in various industries, rise of advanced technologies, such as smart cities and smart buildings, and emergence of smart and intelligent devices are some of the driving factors of the market.

The issues faced by enterprises data security concerns, no governance of low power wide area network (LPWAN) services, increasing data traffic due to increasing internet usage and no LPWAN standards. These may be the major restraining factor for the low power wide area network market.

Request for sample Low Power Wide Area Network report in PDF format available now @ https://www.reportsanddata.com/sample-enquiry-form/1078

Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Low power wide area network market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

Major Players in Low Power Wide Area Network market are:
LORIOT (Switzerland), Semtech Corporation (California), NWave Technologies (London), WAVIoT (Texas), SIGFOX (France), Ingenu (San Diego), Link Labs (Maryland), Weightless SIG, and Senet, Inc. (Portsmouth)

Further key findings from the report suggest
• The Low power wide area network market is expected to grow from USD 1.3 billion in 2018 to USD 25.4 billion by 2026, at a CAGR of 52.9% during the forecast period.
• The major contributing factors for the growth of the market for Low power wide area network can be increasing usage long range connectivity between devices, increasing adoption of advanced technologies like, IoT and M2M, lesser power consumption, lesser technology cost, increasing demand for connectivity in various industries, rise of advanced technologies, such as smart cities and smart buildings, and emergence of smart and intelligent devices.
• The Low power wide area network market is segmented by technology service into managed services and professional services. Managed services mostly dominate the market with a market share of approximately USD 0.8 Billion in the base year, since they leverage partnerships with prime satellite and mobile networks to offer high-end managed services to end user application providers, system integrators, and end user clients.
• The Low power wide area network market is segmented by network deployment into public sector and private sector. Public sector is to witness highest growth, at a CAGR of 53.1% in the forecast period, since it is used by government enterprises, for instance, municipal corporation focuses on developing their services such as, trash, parking, streetlights, water meters and leak detectors, and more.
• The Low power wide area network market is segmented by end user application into smart waste management, smart buildings, smart gas and water metering, smart streetlights, smart parking, livestock monitoring and others. Smart gas and water metering dominates the market with a market share of approximately USD 0.14 Billion in the base year, since LPWAN helps the segment in greater standardization between different smart meter manufacturers and vendors.
• The Low power wide area network market is segmented by industry vertical into agriculture, smart logistics and transportation, healthcare, industrial manufacturing, oil and gas, consumer electronics and others. Oil and gas segment is expected to witness the highest growth at a CAGR of 53.4% in the forecast period, since the technology will provide the segment with benefits such as plant automation, process optimization, supply chain optimization, increased safety, integrated business processes, and corporate social responsibility.
• The Low power wide area network market is segmented by geography into North, America, Europe, Asia Pacific and Rest of the World. The APAC region is expected to grow at the highest CAGR of 54.1% during the forecast period, since it is rapidly adopting M2M communication end user applications, which adds to the growth of Low power wide area network market in this region.

Buy this Report @ https://www.reportsanddata.com/checkout-form/1078

For the purpose of this report, the market has been segmented on the basis of transaction mode, payment nature, payment location, purchase type, Industry vertical industry vertical and regional analysis.
• Technology Service Outlook (Revenue, USD Million; 2018–2026)
o Managed Services
o Professional Services

• Network Deployment Outlook (Revenue, USD Million; 2018–2026)
o Public Sector
o Private Sector

• End user application Outlook (Revenue, USD Million; 2018–2026)
o Smart waste management
o Smart buildings
o Smart Gas and Water Metering
o Smart Streetlights
o Smart Parking
o Livestock Monitoring
o Others

• Industry vertical Outlook (Revenue, USD; 2018-2026)
o Agriculture
o Smart Logistic and Transportation
o Healthcare
o Industrial Manufacturing
o Oil and Gas
o Consumer Electronics
o Others

Major Regions that plays a vital role in Low Power Wide Area Network market are:
o North America
o Europe
o China
o Japan
o Middle East & Africa
o India
o South America
o Others

Browse the report description@ https://www.reportsanddata.com/report-detail/low-power-wide-area-network-market

About Us:
Reports and Data. is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:
John Watson
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

This release was published on openPR.