Low Power Wide Area Network Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


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Transparency Market Research

$ 5795

Low power wide area network is a wireless telecommunication technology which is adopted by most of the organizations for long range communication. Low power wide area network technology is mainly used for interconnecting devices with low bandwidth connectivity to improve range and power efficiency. Low power wide area network technologies are designed for the purpose of machine to machine networking (M2M). Additionally, low power wide area network supports more devices over a large coverage area with greater power efficiency and lower cost. Low power wide area network has better operating capabilities than consumer mobile technology.

The low power wide area network has several industrial and commercial applications such as smart cities & buildings, and transportation.

Low Power Wide Area Network Market: Drivers and Challenges

The major factor driving the growth of low power wide area network is the rise in adoption of machine to machine communication and minimized cost associated with its system is expected to boost industry demand. The implementation of low power wide area network with internet of things (IoT) is another major factor which is responsible for the market growth of low power wide area network market in positive manner. Additionally, it also offers applications that have long battery lives and low data rates.

Lack of governance and security concerns are the major restraints which are affecting the growth of low power wide area network market.

Low Power Wide Area Network Market: Segmentation

Segmentation of low power wide area network on the basis of services:

  • Professional services
  • Managed services

Segmentation of low power wide area network based on technology

  • Weightless
  • Sigfox
  • Lorawan
  • Other

Segmentation of low power wide area network on the basis of verticals:

  • Healthcare
  • Industrial manufacturing
  • Oil and Gas
  • Healthcare
  • Consumer Electronics
  • Wearable
  • Transport
  • Utilities
  • Others

Low Power Wide Area Network Market: Key Players

Some of the key players of low power wide area network market are: Sigfox SA, Semtech Corporation, Loriot, Nwave Technologies, Waviot, Actility, Ingenu Inc., Link Labs Inc., Weightless SIG, Senet, Vodafone Group Plc., ZTE Corporation, Haystack technologies and GSMA.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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