Press release
LPWAN Market Analysis by Top Companies (AT&T Inc., Cisco Systems, Inc., Huawei Technologies Co. Ltd., Qualcomm Technologies, Inc., Sierra Wireless, Sigfox, Verizon Communications Inc., Vodafone Group Plc.) 2020-2025
LPWAN Market
Increasing demand for reliable but cost effective connectivity solutions along with rising proliferation of IoT-enabled applications, such as smart water meters, precision agriculture, and smart transportation will accelerate the industry trends. Moreover, favorable government initiatives to boost deployment of smart city infrastructure will also drive LPWAN market growth.
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Ongoing deployment of the data optimized 5G network will be a prime factor impelling growth trends over the LPWAN market. 5G technology encompasses the capability of bringing revolutionary change in the market by supporting several mobile IoT use cases. Major telecom players such as Airtel, Vodafone and orange have been deploying licensed cellular LPWAN to provide a cost-effective wide area coverage as part their 5G strategies.
Increasing adoption of LPWA technologies such as LoRa, NB-IoT, and LTE-M has been fostering broader network coverage and extended battery life among the enterprises use cases. Owing to this, LPWAN networks are getting increasingly popular among some of the industry verticals including manufacturing, healthcare, agriculture, logistics, and utilities. LPWAN market is projected to surpass USD 65 billion by 2025.
The Major Key Players in the Market are as follows:
Actility, AT&T Inc., Avnet, Inc., Cisco Systems, Inc., CONNIT, Huawei Technologies Co. Ltd., Ingenu Inc.., Kerlink, Link labs, LORIOT.IO, Nwave, Orange Business Services, Qualcomm Technologies, Inc., Semtech Corporation, Senet, Inc., Sierra Wireless, Sigfox, Verizon Communications Inc., Vodafone Group Plc, WavIoT,
The could deployment model is anticipated the dominate the LPWAN market throughout the forecast timeframe. The segmental growth is attributed to increasing demand for quick IoT network deployment among the end-users. The organizations prefer cloud platforms over the on-premise counterpart owing to the reduced deployment timeline and ease of managing cloud-enabled LPWAN servers & gateways. LPWAN market from the cloud-deployment model is predicted to grow at a CAGR of over 68% through 2025.
The smart gas & water metering application is anticipated to account for a substantial share of near about 20% in the low power wide area network (LPWAN) market through 2025. Considering the vast spread of gas and water networks, the traditional technologies such as GPRS and ZigBee lack the long-range network coverage requirements, thereby posing a challenge for the deployment of advanced metering infrastructure.
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Long distance network coverage provided by LPWAN technologies helps address these connectivity challenges and provides secure communication with excellent range enabling remote monitoring of usage without the need for recurring costly site visits.
Some Points From Table Of Content: -
Chapter 6. LPWAN Market, By Deployment Model
6.1. Key trends, by deployment model
6.2. On-premise
6.2.1. Market estimates and forecast, 2015 - 2025
6.3. Cloud
6.3.1. Market estimates and forecast, 2015 - 2025
Chapter 7. LPWAN Market, By Application
7.1. Key trends, by application
7.2. Smart gas and water metering
7.2.1. Market estimates and forecast, 2015 - 2025
7.3. Asset tracking
7.3.1. Market estimates and forecast, 2015 - 2025
7.4. Smart buildings
7.4.1. Market estimates and forecast, 2015 - 2025
7.5. Smart parking
7.5.1. Market estimates and forecast, 2015 - 2025
7.6. Precision agriculture
7.6.1. Market estimates and forecast, 2015 - 2025
7.7. Smart waste management
7.7.1. Market estimates and forecast, 2015 - 2025
7.8. Livestock monitoring
7.8.1. Market estimates and forecast, 2015 - 2025
7.9. Others
7.9.1. Market estimates and forecast, 2015 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/low-power-wide-area-network-lpwan-market
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