Low Power Wide Area Network Market, Global Outlook and Forecast 2023-2030
Low-power WAN (LPWAN) is a wireless wide area network technology that interconnects low-bandwidth, battery-powered devices with low bit rates over long ranges.
This report aims to provide a comprehensive presentation of the global market for Low Power Wide Area Network, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low Power Wide Area Network. This report contains market size and forecasts of Low Power Wide Area Network in global, including the following market information:
Global Low Power Wide Area Network Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Low Power Wide Area Network market was valued at US$ 1737.9 million in 2022 and is projected to reach US$ 2132.6 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Low Power Wide Area Network (LPWAN) key players include Semtech Corporation, AT&T Inc, Cisco Systems, Huawei Technologies, Actility, etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 35%, followed by China, and North America, both have a share about 50 percent.
In terms of product, LoRaWAN is the largest segment, with a share about 30%. And in terms of application, the largest application is Smart City, followed by Transportation and Logistics, Healthcare Applications, etc.
We surveyed the Low Power Wide Area Network companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Power Wide Area Network Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Low Power Wide Area Network Market Segment Percentages, by Type, 2022 (%)
Public Sector
Private Sector
Global Low Power Wide Area Network Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Low Power Wide Area Network Market Segment Percentages, by Application, 2022 (%)
Agriculture
Smart Logistic and Transportation
Healthcare
Industrial Manufacturing
Oil and Gas
Consumer Electronics
Others
Global Low Power Wide Area Network Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Low Power Wide Area Network Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Power Wide Area Network revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Low Power Wide Area Network revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Semtech Corporation
Loriot
Nwave Technologies
Sigfox
Waviot
Actility
Ingenu
Link Labs
Weightless SIG
Senet
Outline of Major Chapters:
Chapter 1: Introduces the definition of Low Power Wide Area Network, market overview.
Chapter 2: Global Low Power Wide Area Network market size in revenue.
Chapter 3: Detailed analysis of Low Power Wide Area Network company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Low Power Wide Area Network in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
