Low-Power WAN (LPWAN) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021 - 2026
Smart cities address the future development of LPWAN technology. According to our analyst, the LPWAN market is growing at a CAGR of 90.03% during the forecast period 2019-2025.
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Low-power WAN (LPWAN) is wireless network technology that is used for interconnecting the devices with low-bandwidth focusing on long range. These technologies are specifically designed for M2M communications. They enable wider range for M2M and IoT applications which is constrained by budgets and power consumption. The data transfer rates of LPWAN are very low using low-bandwidth and less power consumption of the connected devices. The networks support the devices over a long coverage area than the traditional consumer mobile technologies. Technologies such as Bluetooth, ZigBee and Wi-Fi are better for consumer level but not for industrial and commercial applications. Hence, LPWAN is being used for smart cities and buildings, industrial applications, and transportation.
Smart cities address the future development of LPWAN technology. According to our analyst, the LPWAN market is growing at a CAGR of 90% during the forecast period 2018-2024. New integrated approaches by the telecom players and software players are driving the market for new networking technologies. Also, the increase in gas and oil pipelines across the globe are fostering the growth of the market. The LPWAN market is divided into types, networks, end-user segmentation, technologies and geographical segmentation. Organizations mostly use private networks because fo the security issues and public networks are used by small organizations and start-ups.
The LPWAN market is analyzed by six regions – Americas, Western Europe, Asia-Pacific, Eastern Europe, and MEA. The growing number of smart cities projects in APAC and MEA region will drive the market in the near future.
One of the major trends in the market is to reach the customer expectations while making LPWAN technology as one of the important strategy. The majority of the projects are coming from the Western Europe and Asia-Pacific region as they are ready to consider it as the main strategy for transferring the data and improve the analysis of real-time information. Some of the vendors for LPWAN market are SIgFox, Semtech, Huawei, NWave, and Weightless.
This study covers and analyses “LPWAN market” globally, bringing out the valuable insights. The report aims to provide an opportunity for players to understand the latest trends, current market scenario, a government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions based on it.
1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.3.1 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Global LPWAN Market – By Connectivity Technology
4.3 Global LPWAN Market
4.4 Lifecycle Analysis, By Region 2016
4.5 LPWAN Market, By Region
4.6 LPWAN Region Wise Adoption Scenario
5 Low Power Wide Area Network Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Connectivity Technology
5.2.2 By Technology Service
5.2.3 By Network Deployment
5.2.4 By Application
5.2.5 By Vertical
5.2.6 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Need of Long Range Connectivity Between Devices
5.3.1.2 Increasing Adoption of Iot/M2m Applications
5.3.1.3 Low Power Consumption
5.3.1.4 Low Cost of LPWAN Technology
5.3.2 Restraints
5.3.2.1 High Data Traffic
5.3.2.2 Lack of Governance
5.3.2.3 Privacy and Security Concerns
5.3.3 Opportunities
5.3.3.1 Rising Need of Connectivity in Large Enterprises and Smes
5.3.3.2 Emerging Smart Cities and Smart Buildings
5.3.3.3 Deployment of Intelligent Devices
5.3.4 Challenges
5.3.4.1 Lack of Universal LPWAN Standards
6 Low Power Wide Area Network Market: Industry Trends
6.1 Introduction
6.2 Evolution
6.3 Value Chain Analysis
6.4 Strategic Benchmarking
7 Low Power Wide Area Network Market Analysis, By Connectivity Technology
7.1 Introduction
7.2 Sigfox
7.3 Lorawan
7.4 Weigthless
7.5 Others
8 Market Analysis, By Technology Service
8.1 Introduction
8.2 Professional Services
8.3 Managed Services
9 Market Analysis, By Network Deployment
9.1 Introduction
9.2 Private Sector
9.3 Public Sector
10 Low Power Wide Area Network Market Analysis, By Application
10.1 Introduction
10.2 Smart Waste Management
10.3 Smart Bulidings
10.4 Smart Gas and Water Metering
10.5 Smart Parking
10.6 Smart Streetlight
10.7 Livestock Monitoring
10.8 Others
11 Low Power Wide Area Network Market Analysis, By Vertical
11.1 Introduction
11.2 Agriculture
11.3 Logistics and Transportation
11.4 Healthcare
11.5 Industrial Manufacturing
11.6 Oil and Gas
11.7 Consumer Electronics
11.8 Others
12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Middle East and Africa
12.6 Latin America
13 Competitive Landscape
13.1 Overview
13.2 Competitive Situation and Trends
13.2.1 New Product Launches and Enhancements
13.2.2 Partnerships, Agreements and Collaborations
13.2.3 Mergers and Acquisitions
13.2.4 Integration and Expansions
14 Company Profiles
14.1 Semtech Corporation
14.2 Loriot
14.3 Nwave Technologies
14.4 Sigfox
14.5 Waviot
14.6 Actility
14.7 Ingenu
14.8 Link Labs, Inc.
14.9 Weightless SIG
14.10 Senet, Inc.
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