Global LoRa And LoRaWAN Internet Of Things Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The LoRa And LoRaWAN Internet Of Things Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the LoRa And LoRaWAN Internet Of Things Market Size and Projected Growth Rate?
The LoRa And LoRaWAN internet of things market size has grown exponentially in recent years. It will grow from $8.06 billion in 2024 to $10.98 billion in 2025 at a CAGR of 36.3%. Historic growth is driven by early development and standardization, rising interest in IoT applications, low power consumption, scalability, cost-effectiveness, and low-power communication technologies for large area coverage.

The LoRa and LoRaWAN IoT market is expected to reach $37.6 billion by 2029, growing at a CAGR of 36.0%. Growth is driven by urbanization, smart city development, waste management, and favorable government initiatives. Key trends include technological advancements, smart agriculture, and integration with other technologies.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19554

What Are the Major Segments in the LoRa And LoRaWAN Internet Of Things Market?
The LoRa And LoRaWAN internet of thingsmarket covered in this report is segmented -

1) By Offering: Hardware, Platforms, Services
2) By Network Deployment: Public Network, Private Network, Hybrid Network
3) By Application: Asset Tracking, Industrial Internet Of Things, Smart Cities, Smart Buildings, Smart Utilities, Smart Healthcare, Smart Agriculture And Livestock Management, Other Applications
4) By End User: Manufacturing, Transportation And Logistics, Energy And Utilities, Agriculture, Government And Public Safety, Healthcare, Retail, Residential, Other End Users

Subsegments:
1) By Hardware: LoRa Modules, End Devices, Gateways, Antennas
2) By Platforms: Network Management Platforms, Application Development Platforms, Analytics Platforms, Security Platforms
3) By Services: Network Deployment Services, Consulting Services, Managed Services, Training and Support Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19554&type=smp

What Are The Driving LoRa And LoRaWAN Internet Of Things Market Evolution?
The increasing number of connected devices is expected to drive the growth of the LoRa and LoRaWAN internet of things (IoT) market. The rise in connected devices, driven by improved wireless communication, cost reductions, and industrial adoption, is enabling the IoT market to expand. LoRa and LoRaWAN technologies are key in facilitating long-range, low-power communication for IoT devices. For example, Ericsson's 2023 report indicated that the number of IoT connections is expected to grow from 15.7 billion in 2023 to 38.8 billion by 2029. This increasing connected device count is propelling the LoRa and LoRaWAN market.

Which Firms Dominate The LoRa And LoRaWAN Internet Of Things Market Segments?
Major companies operating in the LoRa And LoRaWAN internet of things market are Comcast Corporation, Amazon Web Services Inc., Cisco Systems Inc., Orange SA, NEC Corporation, SK Telecom, Murata Manufacturing Co. Ltd., Advantech Co. Ltd., Tata Communications Limited, Semtech Corporation, Digi International, Multi-Tech Systems Inc., Exosite, Kerlink, Actility SA, RAKwireless, Milesight Technology, Orbiwise SA, Datacake, LORIOT AG, Radio Bridge Inc., Sensoterra, TheThings.io, Netmore Group

What LoRa And LoRaWAN Internet Of Things Market Trends Are Gaining Traction Across Different Segments?
Companies in the LoRa and LoRaWAN IoT market are developing advanced LoRaWAN connectivity solutions to provide secure, scalable, and simplified end-to-end solutions. These solutions enable low-power, long-range communication for IoT devices. For instance, in June 2024, Digi International Inc., a US-based IoT company, launched the Digi XBee IoT Solution for LoRaWAN. This solution is designed for quick deployment and scalability, offering a dependable, long-term connectivity solution for IoT applications.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/lora-and-lorawan-internet-of-things-global-market-report

Which Is The Largest Region In The LoRa And LoRaWAN Internet Of Things Market?
North America was the largest region in the LoRa And LoRaWAN internet of things market in 2024. The regions covered in the LoRa And LoRaWAN internet of things market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the LoRa And LoRaWAN Internet Of Things Market?
2. What is the CAGR expected in the LoRa And LoRaWAN Internet Of Things Market?
3. What Are the Key Innovations Transforming the LoRa And LoRaWAN Internet Of Things Industry?
4. Which Region Is Leading the LoRa And LoRaWAN Internet Of Things Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.