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Low Power Wide Area Network – OverviewThe surge in the internet of things has provided a suitable backdrop for the expansion of the low power wide area network. Market reports connected with the semiconductors and electronics industry have been made accessible by Market Research Future who publishes reports on other sectors that have been currently published along with a report on this industry. The market is foreseen to expand at a CAGR of approximately 72 percent in the duration of the forecast period.
Availability of a wide range of end-to-end LoRaWAN solutions that have been deployed is creating an enormous potential for the growth of the market. The requirement for effective connectivity at low costs is among the prime causes adding to the development of the market. Rising number IoT and M2M applications together with the intensifying requirement of long-range connectivity between devices are expected to strengthen the market growth over the forecast period.
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Industry Updates:
Aug 2018 The Scottish Government has proclaimed a £6 million plan for a countrywide long range wide area network (LoRaWAN) network to back the growth of internet of things (IoT) applications.
Key Players:
Some of the prominent players in the global Low Power Wide Area Network Market are Semtech Corporation (U.S.), LORIOT (Switzerland), NWave Technologies (London), SIGFOX (France), WAVIoT (U.S.), Cisco Systems (U.S.), Actility (France), Weightless SIG (U.K), Senet, Inc. (U.S.), AT&T Inc. (Germany), Huawei Technologies Co. Ltd. (China), Ingenu (U.S.), Link Labs Inc. (U.S.), Qualcomm Inc. (U.S.), Telefonica SA (Spain) and Vodafone Group Plc. (U.K).
Segments:
The global low power wide area network market is segmented by connectivity technology, service, network deployment, application and vertical so as to generate a comprehensive understanding of the complexities and dynamics of the market.
• Connectivity technology - SIGFOX, LoRaWAN, Weightless and others.
• Service - professional services and managed services.
• Network deployment - public sector and private sector.
• Application - smart buildings, smart streetlights, smart waste management, smart gas and water metering, smart parking, livestock monitoring and others.
• Vertical - healthcare, agriculture, industrial manufacturing, smart logistics and transportation, oil and gas, consumer electronics and others.
• Regions - Asia Pacific, North America, Europe, and Rest of the World
Regional Analysis:
The global low power wide area network market is dominated by Europe led by Germany, France, U.K. and others. The Scandinavian nations such as Norway, Sweden, and Finland are expected to generate faster growth as compared to other parts of Europe. North America led by the U.S. accounted for the second largest market owing to large research base, faster adoption of new technology and other drivers.
Asia Pacific is projected to generate the fastest growth during the forecast period attributed to technological advancements and increased adoption of connected devices especially in developing regions of China and India. The Middle East and Africa market is expected to be skewed in favor of the Gulf economies of Saudi Arabia, UAE and others. The lower adoption smart devices in Africa is the strongest constraint on its market as the countries with the least smartphone ownership rates in the world are Tanzania (11%), Uganda (4%) and Ethiopia (4%).
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Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Technology Solution Providers
• Government Bodies
• Regulatory Agencies
• Corporate
• Low Power Wide Area Network Solution Providers
• Telecom Operators
• Mobile Network Operators (MNOs)
• Mobile Service Providers (MSPs)
• Original Equipment Manufacturers (OEMs)
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Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 431422