Low Power Wide Area Network (lpwan) Market
Low Power Wide Area Network (lpwan) Market - Global Industry Assessment & Forecast
#
Pages:
210
2022
Apr - 2023
VMR-1127
Segments Covered
By
Technology Type SIGFOX, LoRaWAN, Weightless, Others
-
By
Deployment Model On premise, Cloud
-
By
Application Industrial, Smart Buildings, Smart Parking, Precision Agriculture, Others
-
By
End Users Healthcare, Agriculture, Logistics and Transportation, Manufacturing, Government, Others
-
By
Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 19.76 Billion |
 Revenue 2030:
|
USD 1069.61 Billion |
 Revenue CAGR
(2023 - 2030): |
64.70% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Low Power Wide Area Network (lpwan) Market by Technology Type by Deployment Model by Application by End Users by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Low Power Wide Area Network (lpwan) market.
FAQ
Frequently Asked Question
What is the global demand for Low Power Wide Area Network (lpwan) in terms of revenue?
-
The global Low Power Wide Area Network (lpwan) valued at USD 19.76 Billion in 2022 and is expected to reach USD 1069.61 Billion in 2030 growing at a CAGR of 64.70%.
Which are the prominent players in the market?
-
The prominent players in the market are LORIOT (Switzerland), Semtech Corporation (California), NWave Technologies (London), WAVIoT (US), SIGFOX (France), Ingenu (US), Actility (France), Weightless SIG, Link Labs (US), and Senet, Inc. (Portsmouth), Vodafone (U.K.), and Orange (France).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 64.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Low Power Wide Area Network (lpwan) include
- Expanding Application Areas, Including Smart Metering, Home Energy Management, Building Automation & Security Lighting
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Low Power Wide Area Network (lpwan) in 2022.
