Low Power Wide Area Network (LPWAN) Market : Top Players – Actility, AT&T Inc., Avnet, Inc., Cisco Systems, Inc., CONNIT, Huawei Technologies Co., Ltd., Ingenu Inc., Kerlink

How will low power wide area network (LPWAN) market accrue substantial revenue from the proliferating IoT technology over 2019-2025?

Rising deployment of LPWAN technologies to facilitate low power communication with extended battery life will drive low power wide area network (LPWAN) market outlook. In addition, the technology provides the connectivity options with much reduced costs as compared to traditional cellular networks, making it ideal for implementation of smart connectivity systems such as IoT (internet of things).

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 low power wide area network (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. According to report by Global Market Insights, Inc., Low Power Wide Area Network (LPWAN) Market size is projected to surpass USD 65 billion by 2025.

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How will rising number of industrial IoT connections foster LPWAN industry size from manufacturing segment?

Increasing penetration of industrial IoT (IIoT) will have a positive effect on LPWAN industry growth. Industrial IoT incorporates LPWA technologies including NB-IoT and LTE-M for enabling reliable machine-to-machine communication.

Manufacturers have been looking to deploy IoT technologies for increasing the operational efficiencies of the production lines to cater the growing productivity demand.

Growing deployment of industrial IoT connections will necessitate cheap and reliable communication solutions such as LPWAN which may augment the manufacturing segment growth over the forecast timeframe. For instance, the industrial IoT connections are anticipated to grow five time from 2.4 billion connection in 2016 to 14 billion connections in 2025.

How will the cloud deployment model supersede the on-premise alternative over the coming years?

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. Low power wide area network (LPWAN) market from the cloud-deployment model is predicted to grow at a CAGR of over 68% through 2025.

How will smart gas & water metering application dominate the LPWAN market share?

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.

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.

Report Content

Chapter 1. Methodology & Scope

1.1. Scope and definition

1.1.1. Methodology & forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.1.1. Paid sources

1.2.1.2. Public sources

1.2.2. Primary

Chapter 2. Executive Summary

2.1. LPWAN industry 360º synopsis, 2016 - 2027

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Component trends

2.1.3.1. Platform trends

2.1.3.2. Service trends

2.1.4. Deployment model trends

2.1.5. Application trends

2.1.6. End-use trends

Chapter 3. LPWAN Industry Insights

3.1. Introduction

3.2. Industry segmentation

3.3. Impact of COVID-19 outbreak

3.3.1. Impact by region

3.3.1.1. North America

3.3.1.2. Europe

3.3.1.3. Asia Pacific

3.3.1.4. Latin America

3.3.1.5. Middle East & Africa

3.3.2. Impact by value chain

3.3.3. Impact by competitive landscape

3.4. Comparison of LPWAN standards

3.5. LPWAN architecture

3.6. Industry ecosystem analysis

3.7. Technological evolution

3.8. Technology & innovation landscape

3.8.1. Internet of Things (IoT)

3.8.2. Introduction of 5G

3.8.3. Hybrid chipsets

3.9. Regulatory landscape

3.9.1. LPWA Standards

3.9.2. 3GPP Release

3.9.3. IEEE 802.15.14-2015 Standard for Low-Rate Wireless Networks

3.9.4. LoRaWAN R1.0 Open Standard

3.9.5. Short Range Devices Spectrum Regulations, EU

3.9.6. DASH7 Alliance ProtocolUse cases

3.10. Industry impact forces

3.10.1. Growth drivers

3.10.1.1. Support for both licensed and unlicensed spectrum

3.10.1.2. Increasing invest by telecom operators in NB-IoT and LTE-M

3.10.1.3. Initiatives by industry alliances for developing LPWAN standards

3.10.1.4. Growing demand for low-cost, long-range M2M communications

3.10.1.5. Increasing popularity of smart city applications

3.10.2. Industry pitfalls & challenges

3.10.2.1. Early-stage standards

3.10.2.2. Network interference and co-existence issues

3.11. Porter’s analysis

3.12. PESTEL analysis

3.13. Growth potential analysis

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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