Low Power Wide Area Network Lpwan Market Scope And Analysis

Report Code : TIPTE100000400
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Low Power Wide Area Network (LPWAN) Market Analysis Report 2023 to 2031

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Low Power Wide Area Network (LPWAN) Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 9.50 Billion
Market Size by 2031	US$ 321.44 Billion
Global CAGR (2024 - 2031)	55.3%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Connectivity Technology LoRaWAN Weightless Sigfox NB-IoT Wi-SUN By Services Professional and Managed By Application Smart Streetlight Smart Metering Smart Building Smart Waste Management Smart Parking Asset Management & Tracking By End-user Smart City Oil and Gas Healthcare Manufacturing Logistics and Transportation Agriculture Consumer Electronics
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Nwave Technologies SIGFOX Semtech Corporation LORIOT IO Link Labs Inc Waviot Ingenu Inc Actility AT T Intellectual Property Senet Inc

Low Power Wide Area Network (LPWAN) Market News and Recent Developments

The low power wide area network (LPWAN) market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

Sigfox, a French-born ultra-narrowband IoT network technology, officially joined the LoRa Alliance as a contributing member. This move came after Sigfox experienced a decline and fire sale in early 2022 and was acquired by Singapore-based Unabiz. The new parent company, along with LoRaWAN expert Rémi Lorrain, facilitated Sigfox's entry into the LoRaWAN camp. This development is significant considering the historical rivalry between Sigfox and LoRaWAN in the low-power wide-area network (LPWAN) space.

(Source: Sigfox, Press Release, July 2023)

Semtech announced that it had successfully integrated Sigfox '0G' technology into its SX126x range of LoRa chipsets. This integration allows for compatibility with LoRaWAN and other LoRa-based networks. This development is part of Semtech's ongoing efforts to incorporate Sigfox technology at the chip level. Previously, Semtech successfully integrated Sigfox technology into its budget-friendly LCC68 transceiver and advanced LR series, which offers features such as multi-constellation GNSS and passive Wi-Fi scanning capabilities.

(Source: Semtech, Press Release, December 2022)

Low Power Wide Area Network (LPWAN) Market Report Coverage and Deliverables

The "Low Power Wide Area Network (LPWAN) Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

Low power wide area network (LPWAN) market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Low power wide area network (LPWAN) market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter’s Five Forces and SWOT analysis
Low power wide area network (LPWAN) market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the low power wide area network (LPWAN) market
Detailed company profiles