Low-Power Wide-Area Network (LPWAN) Market Outlook US$ 384.5Bn By 2031 With Regional Focus on Japan Technology

Global low-power wide-area network (LPWAN) Market reached US$ 12.4 billion in 2023 and is expected to reach US$ 384.5 billion by 2031, growing with a CAGR of 53.7% during the forecast period 2024-2031.

Japan Latest News

✦ A popular manga, "The Future I Saw" by Ryo Tatsuki, originally predicted the 2011 disaster and now warns of a July 2025 catastrophe resulting in flight cuts and tourist cancellations despite official reassurance

✦ Kyodo News Digest (June 20, 2025): A Japanese Maritime Self‐Defense Force destroyer navigated the Taiwan Strait following a close encounter between Chinese jets and a Japanese patrol aircraft

✦ Economic watchers are focusing on May inflation data, which is expected to exceed target levels, although the Bank of Japan is still projected to hold rates steady into early 2026

✦ Polls reveal growing concern among Japanese citizens over relations with South Korea under its newly inaugurated President Lee Jae‐myung

✦ A heatwave envelops Japan with temperatures surpassing 35 °C in many regions, per the Japan Meteorological Agency

✦ Reuters reports Tokyo plans to trim super‐long government bond issuance by about 10% to soothe market volatility

✦ The government will implement measures from June 26 to cap retail gasoline prices at roughly 175 yen/L amid global Middle East instability

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Low-Power Wide-Area Network Market Overview

A Low‐Power Wide‐Area Network (LPWAN) is a wireless telecommunication network optimized for long-range, low-bit-rate, and ultra‐low‐power connectivity, commonly supporting battery‐operated IoT devices like sensors. LPWANs such as LoRaWAN, Sigfox, NB‐IoT, and LTE‐M-offer ranges from a few kilometers in urban areas up to 10 km+ in rural zones, transmitting data at just 0.3-50 kbps, enabling battery life measured in years for remote monitoring applications

Research Methodology:

The global Low-Power Wide-Area Network Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.

Segment Covered in the Low-Power Wide-Area Network Market:

By Service: Professional Service, Managed Service) By Connectivity Technologies (SIGFOX, NB-IOT, LTE-M, LoRaWAN, Weightless, Others

By Deployment Model: On-Premise, Cloud

By Application: Smart Waste Management, Smart Buildings, Smart Gas and Water Metering, Smart Streetlights, Smart Parking, Livestock Monitoring, Others

By End-User: Healthcare, Agriculture, Logistics and Transportation, Manufacturing, Utilities, Consumer Electronics, Government and Public Sector, Others

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List of the Key Players in the Low-Power Wide-Area Network Market:

Semtech Corporation, Sigfox, Huawei Technologies Co. Ltd, Ingenu Inc., Cisco Systems Inc., Actility, Vodafone Limited, WAVIoT, LoRa Alliance and Loriot AG.

Industry Development:

In February 2024, BT Group launched a Narrowband IoT (NB-IoT) network to support smart cities and connected agriculture. Operating on the EE 4G infrastructure, this network is tailored for low-power devices with minimal data requirements.

In January 2023, Skyworks and Semtech partnered to develop the SKY66423-SX1261 design, optimized for Low-Power Wide-Area Network (LPWAN) applications in industrial and urban environments. This solution enhances device performance by reducing interference and boosting signal efficiency.

Regional Analysis for Low-Power Wide-Area Network Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Go-to-market Strategy.

➡ Neutral perspective on the market performance.

➡ Customized regional/country reports as per request and country level analysis.

➡ Potential & niche segments and regions exhibiting promising growth covered.

People Also Ask:

➠ What are the global sales, production, consumption, imports, and exports in the Low-Power Wide-Area Network market?

➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?

➠ What key opportunities and challenges do vendors face in the Low-Power Wide-Area Network industry?

➠ Which product types, applications, or end-users are driving market growth, and what is their market share?

➠ What are the major growth drivers and restraints of the Low-Power Wide-Area Network market?

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