The global LPWAN market is anticipated to grow at an exponential CAGR of 34.2% during the forecast period. The LPWAN is the wireless wide-area telecommunication network that is designed to provide long-range communications with a low bit rate. The global LPWAN market is growing due to its applications in the smart home, monitoring, and security, wireless LAN, smart agriculture, and energy. The key factors that are contributing to the market growth such as an increase in the development of smart cities and smart buildings, lower power consumption demand, support for more devices over a large coverage area, and demand for the low cost of LPWAN technology.
Impact of COVID-19 Pandemic on Global LPWAN Market
There was an increase in the usage of LPWAN in COVID. LPWAN has connected local tracking devices resonating on similar frequencies and noting and isolating the infected plan. LPWAN market has shown the growth during COVID-19 period.
Segmental Outlook
The global LPWAN market is segmented based on the technology, application, and end-user. Based on the technology, the market is segmented into RPMA, LoRa, Weightless SIG, greenOFDM, ultra-narrow band, sigfox, and others. Based on the application, the market is sub-segmented into a smart home, monitoring and security, smart agriculture and energy, industrial IOT deployments, and others. Based on the end-user, the market is sub-segmented into healthcare, transportation and logistics, oils and gas, consumer electronics, agriculture, and others.
Global LPWAN Market Share by Application, 2021 (%)
The M2M and IoT Segment is Expected to Hold Considerable Share in the Global LPWAN Market
Based on application, the M2M and IoT are expected to hold a prominent share in the growth of the global LPWAN market owing to the increasing deployment of technologies that are developing for smart cities and smart building projects. The demand for M2M and IoT is increasing which supports more devices over a large coverage area across the globe. Due to these multiple connectivities, LPWAN offers less power consumption, battery, accurate balance of bandwidth, and long-distance range at a reasonable cost.
Regional Outlooks
The global LPWAN market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to have a significant share of the market. The growth in the region is attributed to the established pharmaceutical sector and strict government regulation by agencies such as the FDA regarding drug production. North America and Europe are followed by Asia-Pacific which also is expected to show the fastest growth in the market during the forecast period.
Global LPWAN Market Growth, by Region 2022-2028
The North America Region is Expected to Hold a Considerable Share in the Global LPWAN Market
North America is significantly increasing and expected to significant market share the market due to lower power consumption supporting more devices over a large coverage area. North America is expected to account for a significant share during the forecast period. The market in North America is rising due to the increasing concentration of the growing IoT technology such as wearable that is growing in society. Additionally, the development towards the growth of smart cities further takes place in the locale and increases the demand for LPWAN in the region. Many market players develop IoT devices to reduce large consumption.
Market Players Outlook
The major companies serving the global LPWAN market include Actility, S.A., Cisco Systems, Inc., Ingenu, Inc., Libelium Comunicaciones Distribuidas S.L, Nwave Technologies, Qualcomm Technologies, Inc., Semtech Corp., Sigfox Inc., Telefonica S.A., and Weightless SIG. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2019, Argon Consulting announced its collaboration with Guerlain on an innovative approach to accelerating supply flows, based on Sigfox IoT technology and the international 0G network.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Low Power Wide Area Network (LPWAN) Market
• Recovery Scenario of Global Low Power Wide Area Network (LPWAN) Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Actility, SA
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cisco Systems, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Semtech Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. SIGFOX S.A.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Nwave Technologies
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Low Power Wide Area Network (LPWAN) Market by Technology
4.1.1. Random Phase Multiple Access (RPMA)
4.1.2. LoRa
4.1.3. Weightless SIG
4.1.4. GreenOFDM
4.1.5. Ultra-Narrow Band
4.1.6. Sigfox
4.1.7. Others
4.2. Global Low Power Wide Area Network (LPWAN) Market by Application
4.2.1. Smart Home
4.2.2. Monitoring and Security
4.2.3. Smart Agriculture and Energy
4.2.4. Smart City and Security
4.2.5. Industrial IoT Deployments
4.2.6. Other
4.3. Global Low Power Wide Area Network (LPWAN) Market by End-User
4.3.1. Healthcare
4.3.2. Transportation and Logistics
4.3.3. Oil and Gas
4.3.4. Consumer Electronics
4.3.5. Agriculture
4.3.6. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profile
6.1. GreenWaves Technologies
6.2. Haystack Technologies, Inc.
6.3. Ingenu, Inc.
6.4. Libelium Comunicaciones Distribuidas S.L
6.5. M2M Connectivity Pty. Ltd.
6.6. Murata Manufacturing Co., Ltd.
6.7. Orange Business Services
6.8. Qualcomm Technologies, Inc.
6.9. Senet, Inc.
6.10. Sierra Wireless, Inc.
6.11. Telefónica S.A.
6.12. Telensa, Ltd.
6.13. Trilliant Holdings, Inc.
6.14. Vodafone New Zealand, Ltd.
6.15. Weightless SIG
1. GLOBAL LPWAN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL RPMA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL LORA BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL WEIGHTLESS SIG MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL GREENOFDM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ULTRA NARROW BAND MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL SIGFOX MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHER LPWAN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
10. GLOBAL LPWAN IN SMART HOME MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL LPWAN IN MONITORING AND SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL LPWAN IN SMART AGRICULTURE AND ENERGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL LPWAN IN SMART CITY AND SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL LPWAN IN INDUSTRIAL IOT DEPLOYMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL OTHER LPWAN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
17. GLOBAL LPWAN FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL LPWAN FOR TRANSPORTATION AND LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL LPWAN FOR OIL AND GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL LPWAN FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL LPWAN FOR AGRICULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. GLOBAL OTHER LPWAN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
23. GLOBAL LPWAN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN LPWAN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. NORTH AMERICAN LPWAN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY , 2021-2028 ($ MILLION)
26. NORTH AMERICAN LPWAN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. NORTH AMERICAN LPWAN MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
28. EUROPEAN LPWAN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. EUROPEAN LPWAN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY , 2021-2028 ($ MILLION)
30. EUROPEAN LPWAN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. EUROPEAN LPWAN MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC LPWAN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC LPWAN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY , 2021-2028 ($ MILLION)
34. ASIA-PACIFIC LPWAN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC LPWAN MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
36. REST OF THE WORLD LPWAN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
37. REST OF THE WORLD LPWAN MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY , 2021-2028 ($ MILLION)
38. REST OF THE WORLD LPWAN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
39. REST OF THE WORLD LPWAN MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET, 2022-2028 (%)
4. GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET SHARE BY TECHNOLOGY , 2021 VS 2028 (%)
5. GLOBAL RPMA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL LORA BASED MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL WEIGHTLESS SIG MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL GREENOFDM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL ULTRA NARROW BAND MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL SIGFOX MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL OTHER LPWAN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
13. GLOBAL LPWAN IN SMART HOME MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL LPWAN IN MONITORING AND SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL LPWAN IN SMART AGRICULTURE AND ENERGY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL LPWAN IN SMART CITY AND SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL LPWAN IN INDUSTRIAL IOT DEPLOYMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL OTHER LPWAN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL LOW POWER WIDE AREA NETWORK (LPWAN) MARKET SHARE BY END-USER, 2021 VS 2028 (%)
20. GLOBAL LPWAN FOR HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL LPWAN FOR TRANSPORTATION AND LOGISTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL LPWAN FOR OIL AND GAS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL LPWAN FOR CONSUMER ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. GLOBAL LPWAN FOR AGRICULTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25. GLOBAL OTHER LPWAN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
26. GLOBAL LPWAN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
27. US LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
28. CANADA LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
29. UK LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
30. FRANCE LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
31. GERMANY LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
32. ITALY LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
33. SPAIN LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF EUROPE LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
35. INDIA LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
36. CHINA LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
37. JAPAN LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
38. SOUTH KOREA LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
39. REST OF ASIA-PACIFIC LPWAN MARKET SIZE, 2021-2028 ($ MILLION)
40. REST OF THE WORLD LPWAN MARKET SIZE, 2021-2028 ($ MILLION)