Low Power Wide Area Network (LPWAN) Market Share, Trends, and Analysis by 2031
Low Power Wide Area Network (LPWAN) Market: Strategic Insights
Low Power Wide Area Network (LPWAN) Market
-
CAGR (2024 - 2031)55.3% -
Market Size 2023
US$ 9.50 Billion -
Market Size 2031
US$ 321.44 Billion
Market Dynamics
GROWTH DRIVERS
- Real-time monitoring and control of assets
FUTURE TRENDS
- increasing adoption of IoT/M2M devices
OPPORTUNITIES
- Increase in demand for smart city initiatives
Key Players
- Nwave Technologies
- SIGFOX
- Semtech Corporation
- LORIOT IO
- Link Labs Inc
- Waviot
- Ingenu Inc
- Actility
- AT T Intellectual Property
- Senet Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Connectivity Technology
- LoRaWAN
- Weightless
- Sigfox
- NB-IoT
- Wi-SUN
Services
- Professional and Managed
Application
- Smart Streetlight
- Smart Metering
- Smart Building
- Smart Waste Management
- Smart Parking
- Asset Management & Tracking
End-user
- Smart City
- Oil and Gas
- Healthcare
- Manufacturing
- Logistics and Transportation
- Agriculture
- Consumer Electronics