LPWAN Market Overview
The global LPWAN Market is anticipated to grow from USD 14.31 Billion in 2023 to USD 704.95 Billion by 2030, at a CAGR of 74.50 % during the forecast period.
Low Power Wide Area Network (LPWAN) is a network type. It is a kind of wireless communication network made to give connected devices long-range communication while using little power.
Internet of Things (IoT) applications where devices need to transfer modest amounts of data over vast distances while running on limited battery capacity are particularly well-suited for LPWANs. It is a wireless technique that transmits data slowly over long distances between low-power devices. The low-cost, low-power, and wide-area connections offered by LPWANs are anticipated to be advantageous for devices that require a lot of battery life and can transport data over long distances. The market for low power wide area networks is expected to expand as a result of falling LPWAN technology costs.
The LPWAN market is expected to grow quickly in the future years as a result of the surge in demand for low-power wide area connection for Internet of Things devices. A few sectors that use LPWAN technology are transportation, logistics, healthcare, and agriculture. In the next years, it is anticipated that the market for low power wide area networks would experience additional growth prospects due to the development of smart cities and smart buildings. However, it is projected that the absence of worldwide LPWAN standards would soon limit the growth of the market for low power wide
area networks. The demand for smart city initiatives and real-time asset monitoring and control are other reasons that are propelling the growth of the low power WAN market. However, security issues and a constrained band width impede market expansion. Additionally, it is anticipated that throughout the forecast period, rising demand for smart agriculture would present profitable prospects for market expansion.
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LPWAN Market | Exactitude Consultancy[/caption]
Initiatives for "smart cities" aim to improve resident quality of life while increasing the efficiency of municipal services. LPWAN technology is required to enable smart city initiatives because it provides a wide range of devices with low-cost, energy-efficient wireless connectivity. The providers of smart city services think that communication devices for vehicles and infrastructure should be included in packages for smart city solutions. For the real-time monitoring and management of assets like industrial machinery, agricultural equipment, and automobiles, LPWAN technology is especially well suited. For instance, using LPWAN to monitor a factory machine's health can enable predictive maintenance and minimize downtime. Businesses may prevent unplanned downtime and expensive repairs by keeping an eye on the machine's performance in real-time and identifying possible faults before they become serious ones. LPWAN can also be used to optimize routes, track the whereabouts of vehicles, and keep an eye on driver conduct.
Farmers may save waste and increase crop output by using real-time data on crop conditions to make educated decisions about irrigation, fertilizer, and other inputs. Additionally, LPWAN can be used to track cattle, providing real-time information on behavior and health that enables the early identification of potential health problems. In conclusion, the expansion of the LPWAN market is significantly fueled by real-time asset monitoring and control. The long-range device connectivity offered by LPWAN technology is both affordable and energy-efficient, making it the best choice for IoT applications across a variety of sectors. By delivering real-time data on the health and performance of assets, LPWAN helps businesses to optimize their operations, lower costs, and increase efficiency.
ATTRIBUTE |
DETAILS |
Study period |
2020-2030 |
Base year |
2022 |
Estimated year |
2023 |
Forecasted year |
2023-2030 |
Historical period |
2019-2021 |
Unit |
Value (USD Billion) |
Segmentation |
By Technology, Application, End User and Region |
By Technology |
- LoRaWAN
- NB-IoT
- SIGFOX
- Others
|
By Application |
- Smart Building
- Smart Gas and Water Monitoring
- Smart Waste Management
- Smart Agriculture
- Smart Parking
- Others
|
By End User |
- Oil and Gas
- Industrial Manufacturing
- Agriculture
- Consumer Electronics
- Transportation and Logistics
- Healthcare
- Others
|
By Region
|
- North America
- Asia Pacific
- Europe
- South America
- Middle East Asia & Africa
|
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA TYPES
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL LPWAN MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON LPWAN MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL LPWAN MARKET BY TECHNLOGY, 2020-2030, (USD BILLION)
- LoRaWAN
- NB-IoT
- SIGFOX
- Others
- GLOBAL LPWAN MARKET BY APPLICATION, 2020-2030, (USD BILLION)
- Smart Building
- Smart Gas and Water Monitoring
- Smart Waste Management
- Smart Agriculture
- Smart Parking
- Others
- GLOBAL LPWAN MARKET BY END USER, 2020-2030, (USD BILLION)
- Oil and Gas
- Industrial Manufacturing
- Agriculture
- Consumer Electronics
- Transportation and Logistics
- Healthcare
- Others
- GLOBAL LPWAN MARKET BY REGION, 2020-2030, (USD BILLION)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCT OFFERED, RECENT DEVELOPMENTS)
- ACTILITY
- AT&T INTELLECTUAL PROPERTY
- DASH7
- FLASHNET COMMUNICATIONS INC.
- HELIUM NETWORK
- INGENU
- LINK LABS
- LORAWAN
- LORIOT
- NB-IOT
- NWAVE
- PROXIMUS SADP
- RANDOM PHASE MULTIPLE ACCESS (RPMA)
- SAMSARA NETWORKS INC.
- SENET
- SIGFOX
- TERALINK SOLUTIONS
- VODAFONE GROUP PLC
- WAVIOT
- WEIGHTLESS
- WI-SUN
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 2 GLOBAL LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 3 GLOBAL LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 4 GLOBAL LPWAN MARKET BY REGION (USD BILLION) 2020-2030
TABLE 5 NORTH AMERICA LPWAN MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 6 NORTH AMERICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 7 NORTH AMERICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 8 NORTH AMERICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 9 US LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 10 US LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 11 US LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 12 CANADA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 13 CANADA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 14 CANADA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 15 MEXICO LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 16 MEXICO LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 17 MEXICO LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 18 SOUTH AMERICA LPWAN MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 19 SOUTH AMERICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 20 SOUTH AMERICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 21 SOUTH AMERICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 22 BRAZIL LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 23 BRAZIL LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 24 BRAZIL LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 25 ARGENTINA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 26 ARGENTINA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 27 ARGENTINA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 28 COLOMBIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 29 COLOMBIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 30 COLOMBIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 31 REST OF SOUTH AMERICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 32 REST OF SOUTH AMERICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 33 REST OF SOUTH AMERICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 34 ASIA-PACIFIC LPWAN MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 35 ASIA-PACIFIC LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 36 ASIA-PACIFIC LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 37 ASIA-PACIFIC LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 38 INDIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 39 INDIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 40 INDIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 41 CHINA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 42 CHINA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 43 CHINA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 44 JAPAN LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 45 JAPAN LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 46 JAPAN LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 47 SOUTH KOREA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 48 SOUTH KOREA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 49 SOUTH KOREA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 50 AUSTRALIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 51 AUSTRALIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 52 AUSTRALIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 53 SOUTH-EAST ASIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 54 SOUTH-EAST ASIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 55 SOUTH-EAST ASIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 56 REST OF ASIA PACIFIC LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 57 REST OF ASIA PACIFIC LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 58 REST OF ASIA PACIFIC LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 59 EUROPE LPWAN MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 60 EUROPE LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 61 EUROPE LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 62 EUROPE LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 63 GERMANY LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 64 GERMANY LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 65 GERMANY LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 66 UK LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 67 UK LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 68 UK LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 69 FRANCE LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 70 FRANCE LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 71 FRANCE LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 72 ITALY LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 73 ITALY LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 74 ITALY LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 75 SPAIN LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 76 SPAIN LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 77 SPAIN LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 78 RUSSIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 79 RUSSIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 80 RUSSIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 81 REST OF EUROPE LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 82 REST OF EUROPE LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 83 REST OF EUROPE LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 84 MIDDLE EAST AND AFRICA LPWAN MARKET BY COUNTRY (USD BILLION) 2020-2030
TABLE 85 MIDDLE EAST AND AFRICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 86 MIDDLE EAST AND AFRICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 87 MIDDLE EAST AND AFRICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 88 UAE LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 89 UAE LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 90 UAE LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 91 SAUDI ARABIA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 92 SAUDI ARABIA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 93 SAUDI ARABIA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 94 SOUTH AFRICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 95 SOUTH AFRICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 96 SOUTH AFRICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
TABLE 97 REST OF MIDDLE EAST AND AFRICA LPWAN MARKET BY APPLICATION (USD BILLION) 2020-2030
TABLE 98 REST OF MIDDLE EAST AND AFRICA LPWAN MARKET BY END USER (USD BILLION) 2020-2030
TABLE 99 REST OF MIDDLE EAST AND AFRICA LPWAN MARKET BY TECHNOLOGY (USD BILLION) 2020-2030
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL LPWAN MARKET BY TECHNOLOGY, USD BILLION, 2020-2030
FIGURE 9 GLOBAL LPWAN MARKET BY APPLICATION, USD BILLION, 2020-2030
FIGURE 10 GLOBAL LPWAN MARKET BY END USER, USD BILLION, 2020-2030
FIGURE 11 GLOBAL LPWAN MARKET BY REGION, USD BILLION, 2020-2030
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 GLOBAL LPWAN MARKET BY TECHNOLOGY, 2020
FIGURE 14 GLOBAL LPWAN MARKET BY APPLICATION 2020
FIGURE 15 GLOBAL LPWAN MARKET BY END USER 2020
FIGURE 16 LPWAN MARKET BY REGION 2020
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 ACTILITY: COMPANY SNAPSHOT
FIGURE 19 AT&T INTELLECTUAL PROPERTY: COMPANY SNAPSHOT
FIGURE 20 DASH7: COMPANY SNAPSHOT
FIGURE 21 FLASHNET COMMUNICATIONS INC.: COMPANY SNAPSHOT
FIGURE 22 HELIUM NETWORK: COMPANY SNAPSHOT
FIGURE 23 INGENU: COMPANY SNAPSHOT
FIGURE 24 LINK LABS: COMPANY SNAPSHOT
FIGURE 25 LORAWAN: COMPANY SNAPSHOT
FIGURE 26 LORIOT: COMPANY SNAPSHOT
FIGURE 27 NB-IOT: COMPANY SNAPSHOT
FIGURE 28 NWAVE: COMPANY SNAPSHOT
FIGURE 29 PROXIMUS SADP: COMPANY SNAPSHOT
FIGURE 30 RANDOM PHASE MULTIPLE ACCESS (RPMA): COMPANY SNAPSHOT
FIGURE 31 SAMSARA NETWORKS INC.: COMPANY SNAPSHOT
FIGURE 32 SENET: COMPANY SNAPSHOT
FIGURE 33 SIGFOX: COMPANY SNAPSHOT
FIGURE 34 TERALINK SOLUTIONS: COMPANY SNAPSHOT
FIGURE 35 VODAFONE GROUP PLC: COMPANY SNAPSHOT
FIGURE 36 WAVIOT: COMPANY SNAPSHOT
FIGURE 37 WEIGHTLESS: COMPANY SNAPSHOT
FIGURE 38 WI-SUN: COMPANY SNAPSHOT