Press release
Europe: Mega market of Global Low Power Wide Area (LPWA) Internet of Things
Global Low Power Wide Area (LPWA) Internet of Things refers to a wireless WAN technology that interconnects low-bandwidth, battery-powered devices with low bit rates over long ranges. This ensures that data packet of 10 bytes to 10,000 bytes size would be delivered at a speed of 200kbps over a long range of 2km – 1000km, depending upon the technology that is being used. Few factors due to which Global Low Power Wide Area (LPWA) Internet of Things Market is developing and growing includes, rise in need for long-range connectivity, increase in adoption of IoT/M2M applications, low power consumption and also low costs of LPWAN technology. Among all vital applications of LPWAN smart gas and water metering accounts largest market share due to mass adoption of LPWAN technology. Depending upon end-users of LPWAN, oil and gas are considered to share largest market share.
Europe followed by North America are seen as mega markets for LPWAN due to increase in a number of revenues by vendors. Market growth in terms of CAGR is seen highest in Asia Pacific region due to fastest growing technology.
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Global Low Power Wide Area (LPWA) Internet of Things Market Top Players:
• Semtech Corporation
• Nwave Technologies
• Loriot
• Sigfox
• Waviot
• Actility
• Ingenu
• Link Labs, Inc.
• Weightless SIG
• Lora Alliance
Related Reports:
North America Low Power Wide Area (LPWA) Internet of Things Market @ https://www.envisioninteligence.com/industry-report/north-america-low-power-wide-area-lpwa-internet-of-things-market/
Europe Low Power Wide Area (LPWA) Internet of Things Market @ https://www.envisioninteligence.com/industry-report/europe-low-power-wide-area-lpwa-internet-of-things-market/
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