Press release
LoRa LoRaWAN IoT Market Next Big Thing | Major Giants- Kerlink, Senet, Actility, Sensoterra
Pro Market Reports published a new research publication on "LoRa LoRaWAN IoT Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the LoRa LoRaWAN IoT market was mainly driven by the increasing R&D spending across the world.Some of the key players profiled in the study are:
Cisco (US), NEC Corporation (Japan), Tata Communications (India), Semtech (US), Orange SA (France), Advantech (Taiwan), Comcast (US), AWS (US), Bosch (Germany), Murata (Japan), Laird Connectivity (US), Kerlink (France), Senet (US), Actility (France), Sensoterra (Netherlands), DIGI International (US), Nwave Technologies (UK), RAKwireless (China), thethings.io (Spain), Datacake (Germany), MultiTech (US), Milesight (China), LORAIOT (Switzerland), Exosite (US), OrbiWise (Switzerland).
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Scope of the Report of LoRa LoRaWAN IoT
The size of the LoRa LoRaWAN IoT Market was valued at USD 19942.01 million in 2023 and is projected to reach USD 170728.15 million by 2032, with an expected CAGR of 35.90% during the forecast period. LoRa (Long Range) and LoRaWAN (Long Range Wide Area Network) are the two technologies in the recently mushrooming IoT market that makes use of low-power, wide-area network technology to connect devices with long-range distances. LoRa is the name of a wireless communication protocol for low-power devices while LoRaWAN is the network layer for such devices connecting towards the internet. Key features of LoRaWAN include long-range connectivity (up to 15 kilometers in rural areas), low energy consumption, and secure data transmission through end-to-end encryption. Applications in the diverse sectors of technology can be used: agriculture, smart cities, logistics, environmental monitoring, and the number of possibilities for real-time data collection and analysis.
The titled segments and sub-section of the market are illuminated below:
Offering : Hardware, Platform Services, Application : Asset Tracking, Industrial IoT, Smart Cities, Smart Agriculture Livestock Management, Smart Buildings, Smart Healthcare, End User : Retail, Manufacturing, Transportation & Logistics, Agriculture, Healthcare, Energy & Utilities, Government & Public Safety, Enterprise, Residential, Travel & Hospitality
Market Drivers:
Growing demand for IoT connectivity
Government initiatives promoting smart city development
Advancements in LoRaWAN technology
Market Trends:
Integration with blockchain technology
Development of low-power IoT devices
Convergence of LoRa LoRaWAN with other IoT protocols
Restrains:
Limited bandwidth and latency
Interoperability issues
Security concerns
What can be explored with the LoRa LoRaWAN IoT Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global LoRa LoRaWAN IoT Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in LoRa LoRaWAN IoT
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global LoRa LoRaWAN IoT Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the LoRa LoRaWAN IoT market
Chapter 2: Exclusive Summary - the basic information of the LoRa LoRaWAN IoT Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the LoRa LoRaWAN IoT
Chapter 4: Presenting the LoRa LoRaWAN IoT Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 6: Evaluating the leading manufacturers of the LoRa LoRaWAN IoT market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, LoRa LoRaWAN IoT Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Craig Francis (PR & Marketing Manager)
Pro Market Reports
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About Author:
Pro Market Reports is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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