The report forecasts the global Low Power Wide Area Network (LPWAN) market to reach a value of USD 24.46 billion by 2021, growing at a Compound Annual Growth Rate (CAGR) of 89.3%.
Europe is expected to be the largest revenue generator region for LPWAN vendors for the next five years, followed by North America. The region of Europe is a highly receptive market with continual development in the LPWAN technology. Orange, one of the largest mobile network operators in Europe, has joined LoRa Alliance to deploy its network across Europe.
Rising need of connectivity in large enterprises and Small and Medium Enterprises (SMEs), emerging smart cities and smart buildings and deployment of smart devices presents opportunities in the LPWAN market. The advancements in IoT technologies, cloud-based platforms and services are marked with increasing M2M applications and have led to significant investments in smart cities. The smart devices include smart meter, smart appliances, smart streetlights, smart parking systems and others.
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2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Low Power Wide Area Network Market Overview
6 Low Power Wide Area Network Market: Industry Trends
7 Low Power Wide Area Network Market Analysis, By Connectivity Technology
8 Market Analysis, By Technology Service
9 Market Analysis, By Network Deployment
10 Low Power Wide Area Network Market Analysis, By Application
11 Low Power Wide Area Network Market Analysis, By Vertical