Low Power Wide Area Network (LPWAN) Market is expected to grow at a CAGR of 53.2% by 2027 | Sigfox, Semtech, Loriot, Link Labs

Low Power Wide Area Network (LPWAN) market report by "The Insight Partners" sheds light on the key drivers and opportunities attributing to market expansion over the analysis period. It also gives in-depth information pertaining to the challenges and threats poised to hinder revenue generation in the forthcoming years. Additionally, the report also provides crucial information regarding leading companies in this business sphere and the trends that are likely to prevail in the near future.

According to the new research report published by The Insight Partners, titled "Low Power Wide Area Network (LPWAN) - Global Analysis and Forecast to 2025", the global Low Power Wide Area Network (LPWAN) market is expected to reach US$ 28,746.5 million in 2025, registering a CAGR of 53.2% during the forecast period 2018-2025.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPTE100000400/?utm_source=OpenPR&utm_medium=10593

Leading Low Power Wide Area Network (LPWAN) market Players: Nwave Technologies, Sigfox, Semtech Corporation, Loriot, Link Labs, Inc., Waviot, Ingenu, Actility, Weightless SIG, Senet, Inc.

The business throughout the various industries including agriculture, manufacturing, oil & gas among others has lately realized the need to transform their agile back-end infrastructure to efficiently manage and comply with the evolving IoT initiatives and solutions. At present, the majority of the IoT devices are using the already existing network connections such as Zigbee, cellular, Wi-Fi and other proprietary technologies. As the conventional mobile network comprised of functional performances that could not meet the transforming IoT landscape concerning data output, cost efficiencies and coverage areas, the industry players promoted LPWAN. The explosive growth in penetration of IoT devices over the past few years has escalated the demand for LPWAN technology deployments. This is major because these modern technologies were cost-efficient, optimized data transmission, and scalable cellular coverage.

Low Power Wide Area Network (LPWAN) Market Insights
Long life cycle and reduced maintenance cost offered by LPWAN
The LPWAN received significant traction during the initial years of IoT industry, this traction was primarily due to the long battery life that was offered by LPWAN. Another factors that are also driving the LPWAN market during the forthcoming years is the relatively low cost of deployment, long range broadcasting capabilities and usage of unlicensed spectrum (spectrum that are available of free). The low cost of deployment of the LPWAN is because of its increased usage of unlicensed spectrum of 1GHz frequency or less, this in-turn eliminates the sizeable amount of fees. Further, due to low data consumption, the LPWAN technology consumes low power, resulting in long lasting battery life to IoT devices, which leads to plummeted operational expenses.

Have a 15-minute-long discussion with the lead analyst and author of the report in a time slot decided by you. You will be briefed about the contents of the report and queries regarding the scope of the document will be addressed as well - https://www.theinsightpartners.com/speak-to-analyst/TIPTE100000400?utm_source=OpenPR&utm_medium=10593

Low Power Wide Area Network (LPWAN) Market Segmentation:
By Connectivity- Technology
LoRaWAN
Weightless
Sigfox
NB-IoT
Wi-SUN
Others

By Services
Professional Services
Managed Services

By Application
Smart Streetlight
Smart Metering
Smart Building
Smart Waste Management
Smart Parking
Asset Management & Tracking
Others

Global Low Power Wide Area Network (LPWAN) Market by Region
North America
Europe
Asia Pacific
Middle East and Africa
South America

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://www.theinsightpartners.com/buy/TIPTE100000400/?utm_source=OpenPR&utm_medium=10593

Reasons to Buy
• Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Low Power Wide Area Network (LPWAN) market.
• The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
• The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Low Power Wide Area Network (LPWAN) market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
• Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.