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LoRa & LoRaWAN IoT Market worth $28.28 billion by 2030, growing at a CAGR of 31.18% - Exclusive Report by 360iResearch
LoRa & LoRaWAN IoT Market | 360iResearch
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LoRa (Long Range) and LoRa Wide Area Network (LoRaWAN) are powerful communication protocols used in the Internet of Things (IoT) market, focusing on long-distance communication with minimal power consumption. These technologies are essential for creating reliable, scalable, and cost-effective communication infrastructures across wide regions, making them crucial for various IoT applications, including smart cities, agriculture, healthcare, industrial operations, and utilities. Key drivers of market growth include the increasing adoption of IoT, energy efficiency, governmental support for smart city projects, and the scalability of LoRa and LoRaWAN networks. Potential opportunities lie in expanding into emerging markets, developing industry-specific solutions, and integrating technologies such as Artificial Intelligence (AI) and Big Data to provide enhanced analytics and predictive capabilities. The market, however, faces challenges including signal interference, regulatory complexities, bandwidth limitations, and security concerns. Innovations in enhanced security protocols, network slicing for bandwidth efficiency, hybrid communication systems, and energy harvesting can provide significant growth avenues. Addressing these challenges can enable businesses to deliver efficient, scalable communication solutions across diverse industries.
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Market Segmentation & Coverage:
This research report categorizes the LoRa & LoRaWAN IoT Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Connectivity Modules, Networking Gateways, and System on Chip.
Based on End-User, market is studied across Automotive, Chemical, Food & Beverages, Healthcare, IT & Telecommunication, Mining, Oil & Gas, and Power & Utilities.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the LoRa & LoRaWAN IoT Market, highlighting leading vendors and their innovative profiles. These include Actility SA, Advantech Co., Ltd., Amazon Web Services, Inc., Bosch.IO GmbH, Cavagna Group S.p.A, Cisco Systems, Inc., Comcast Corporation, DATACAKE GmbH, Digi International Inc., Dipro Technologies S.L. by Shikumi Wakata S.L., Everynet BV, Exosite, kerlink SA, Laird Connectivity, LORIOT AG, Microchip Technology Inc., Milesight, Multi-Tech Systems, Inc., Murata Manufacturing Co., Ltd., NEC Corporation, Orange SA, OrbiWise SA, RAKwireless Technology Limited, Semtech Corporation, Senet, Inc., Sensoterra International B.V., and Swisscom AG.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. LoRa & LoRaWAN IoT Market, by Component
7. LoRa & LoRaWAN IoT Market, by End-User
8. Americas LoRa & LoRaWAN IoT Market
9. Asia-Pacific LoRa & LoRaWAN IoT Market
10. Europe, Middle East & Africa LoRa & LoRaWAN IoT Market
11. Competitive Landscape
12. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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