Low Power Wide Area Network (LPWAN) Market Will Generate Record Revenue by 2029

The global LPWAN market is anticipated to grow at an exponential CAGR of 34.2% during the forecast period . 5G technology is expected to drive the LPWAN market growth during the forecast. The need for improvement in 4G technology in terms of low cost, network capacity, and network efficiency are projected to increase the usage of LWPAN. The 5G technology is likely to support a wide array of features and the existing usages of LPWAN. 5G technology improves existing consumer business and digitalization of industries due to which many big companies are increasing investment toward 5G technology.

For instance, in January 2022, Nokia and Tech Mahindra joined hands to deploy 5G-based solutions for business organizations. Tech Mahindra leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate automating 5G private wireless network management on a cloud computing system and enabling them to deploy internet of things like technology. Moreover, in June 2019, Ericsson and China Telecom successfully achieved a 5G Standalone (SA) end-to-end data call on the service provider's 5G trial network in Hangzhou using a commercial chipset-based terminal from MediaTek.

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Market Coverage

The market number available for - 2021-2029
Base year- 2022
Forecast period- 2023-2029

Segment Covered- 

By Technology
By Application
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape - Actility, S.A., Cisco Systems, Inc., Ingenu, Inc., Libelium Comunicaciones Distribuidas S.L, Nwave Technologies, Qualcomm Technologies, Inc., Semtech Corp., Sigfox Inc., Telefonica S.A., and Weightless SIG.

LPWAN Market Report Segment

By Technology

Random Phase Multiple Access (RPMA)
LoRa 
Weightless SIG
GreenOFDM
Ultra-Narrow Band
Sigfox
Others

By Application

Smart Home
Monitoring and Security
Smart Agriculture and Energy
Smart City and Security
Industrial IoT Deployments 
Other

By End-User

Healthcare
Transportation and Logistics
Oil and Gas
Consumer Electronics
Agriculture
Others

A full Report of Low Power Wide Area Network (LPWAN) Market is Available @  https://www.omrglobal.com/industry-reports/low-power-wide-area-network-lpwan-market-size

LPWAN Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profile

GreenWaves Technologies
Haystack Technologies, Inc.
Ingenu, Inc.  
Libelium Comunicaciones Distribuidas S.L 
M2M Connectivity Pty. Ltd.
Murata Manufacturing Co., Ltd.
Orange Business Services
Qualcomm Technologies, Inc.
Senet, Inc. 
Sierra Wireless, Inc. 
Telefónica S.A.
Telensa, Ltd.
Trilliant Holdings, Inc.
Vodafone New Zealand, Ltd.
Weightless SIG

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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