Press release
Low Power Wide Area Network Market Research Report involving Sigfox,Weightless SIG, Waviot and other Global Key Players by WMR
The Global Low Power Wide Area Network Market was valued at USD 1.21 billion in 2016 and is projected to reach USD 390.64 billion by 2025, growing at a CAGR of 90.01% from 2017 to 2025.A Low-Power Wide-Area Network (LPWAN) is a type of wireless telecommunication wide area network designed to allow long range communications at a low bit rate among things (connected objects), such as sensors operated on a battery. LPWAN is designed to connect users or businesses, and carry more data, using more power. LPWANs are used in applications including smart metering, smart lighting, asset monitoring and tracking, smart cities, precision agriculture, livestock monitoring, energy management, manufacturing, and industrial IoT deployments.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing need of Connectivity in Enterprises
1.2 Reduced Power Consumption
1.3 Increasing Demand for Intelligent Devices
1.4 Deployment of Smart Cities and Smart Buildings
1.5 Growing need of Long Range Connectivity between Devices
1.6 Low Infrastructure and Operational Cost
1.7 Adoption of Iot Applications
2. Market Restraints
2.1 Lack of Universal LPWAN Standards
2.2 Increasing Data Traffic Rate
2.3 Concerns for Security and Privacy
Market Segmentation:
The Global Low Power Wide Area Network Market is segmented on the basis of application, services, connectivity technologies, network deployments, vertical, and region.
1. By Application:
1.1 Livestock Monitoring
1.2 Smart Streetlights
1.3 Smart Waste Management
1.4 Smart Gas and Water Metering
1.5 Smart Buildings
1.6 Smart Parking
1.7 Other
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2. By Services:
2.1 Professional Services
2.2 Managed Services
3. By Connectivity Technologies:
3.1 Weightless
3.2 LoRaWAN
3.3 SIGFOX
4. By Network Deployments:
4.1 Public Sector
4.2 Private Sector
5. By Vertical:
5.1 Smart Logistic and Transportation
5.2 Manufacturing, Agriculture
5.3 Energy and Utilities
5.4 Healthcare
5.5 Consumer Electronics
5.6 Oil and Gas
5.7 Others
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6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Senet, Inc.
2. Sigfox
3. Weightless SIG
4. Waviot
5. Semtech Corporation
6. Actility
7. Loriot
8. Ingenu
9. Nwave Technologies
10. Link Labs, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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