The
Global Low-Power
Wide Area Network Market is
anticipated to rise at an exponential rate in the next couple of years due to
augmenting applications and widening applications across the globe. Low-power
Wide Area Network plays quite an important role in assisting effective
communication between numerous connected devices. The most striking aspects
that are associated with the use of Low-power Wide Area Network may include
protection, scalability, and consistency. A wide range of applications such as
logistics, consumer electronics and healthcare are attached with it.
Moreover,
developing government organizations in various nations is also boosting up the
overall market growth. It can also be abbreviated as LPWAN. The manufacturers
are taking up various steps to advance the network so that the operations can
be carried with ease. The rising adoption levels of Low-power Wide Area Network
technology will ultimately give rise to greater standardization and robust
market growth.
Robust
employment of the technology, urbanization, advancements in the digital
innovation, technological developments, and rise in the investments by the
leading manufacturers are some of the key factors that are playing a key role
in raising the share of the Low-power Wide Area Network market.
Low-power
Wide Area Network Market is classified by technology as LoRaWAN, Weightless,
SIGFOX, and others. The market is segregated by application as Smart Parking,
Smart Street Lights, Livestock Monitoring, Smart Gas and Water Metering, Smart
Buildings, Smart Waste Management, and others. Others may include healthcare
and home security.
Among
all the applications, it has been noticed that the Smart Gas and Water Metering
segment is holding a significant share in the market. Low-power Wide Area
Network Market is classified by geography as North America, Southeast Asia,
China, Europe, Japan, and India. As far as the geographical region goes, Europe
is lately taking up a significant share in the Low-power Wide Area Network
Industry. It is contributing in raising the largest revenue share for the
market.
Market Segment:
This report studies the global Low-power
Wide Area Network market, analyzes and researches the Low-power Wide Area
Network development status and forecast in United States, EU, Japan, China,
India and Southeast Asia. This report focuses on the top players in global
market, like
•
Ingenu
•
Semtech
•
Sigfox
•
Weightless SIG
•
Actility
•
AT&T
•
Bouygues Telecom
•
Huawei
•
Libelium Comunicaciones Distribuidas
•
Link Labs
•
Loriot
•
NWave
•
Qualcomm
Market segment by Regions/Countries,
this report covers
•
United States
•
EU
•
Japan
•
China
•
India
•
Southeast Asia
Conversely,
Asia Pacific is also expanding gradually and emerging as one of the promising
regions in the Low-power Wide Area Network market, the reason being developing
nations, rising adoption levels of Internet of Things in various sectors
particularly transportation, industrial, and automotive, constant developments
in network connectivity, rise in the number of smart city projects, and
emergence of huge market growth opportunities in the region. Countries
including China and India are being considered as the major contributors to the
market growth.
The
key players operating in the Low-power Wide Area Network Market are recognized
as Telefonica, Vodafone, Sigfox, Huawei, Libelium Comunicaciones Distribuidas,
Link Labs, Loriot, NWave, Qualcomm, Senet, WAVIoT, Weightless SIG, Actility,
AT&T, Bouygues Telecom, Ingenu, and Semtech.
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