Low Power Wide Area Network (LPWAN) Market Will Generate Record Revenue by 2029
The global LPWAN market is anticipated to grow at an exponential CAGR of 34.2% during the forecast period . 5G technology is expected to drive the LPWAN market growth during the forecast. The need for improvement in 4G technology in terms of low cost, network capacity, and network efficiency are projected to increase the usage of LWPAN. The 5G technology is likely to support a wide array of features and the existing usages of LPWAN. 5G technology improves existing consumer business and digitalization of industries due to which many big companies are increasing investment toward 5G technology.For instance, in January 2022, Nokia and Tech Mahindra joined hands to deploy 5G-based solutions for business organizations. Tech Mahindra leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate automating 5G private wireless network management on a cloud computing system and enabling them to deploy internet of things like technology. Moreover, in June 2019, Ericsson and China Telecom successfully achieved a 5G Standalone (SA) end-to-end data call on the service provider's 5G trial network in Hangzhou using a commercial chipset-based terminal from MediaTek.
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Market Coverage
The market number available for - 2021-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered-
By Technology
By Application
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape - 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.
LPWAN Market Report Segment
By Technology
Random Phase Multiple Access (RPMA)
LoRa
Weightless SIG
GreenOFDM
Ultra-Narrow Band
Sigfox
Others
By Application
Smart Home
Monitoring and Security
Smart Agriculture and Energy
Smart City and Security
Industrial IoT Deployments
Other
By End-User
Healthcare
Transportation and Logistics
Oil and Gas
Consumer Electronics
Agriculture
Others
A full Report of Low Power Wide Area Network (LPWAN) Market is Available @ https://www.omrglobal.com/industry-reports/low-power-wide-area-network-lpwan-market-size
LPWAN Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profile
GreenWaves Technologies
Haystack Technologies, Inc.
Ingenu, Inc.
Libelium Comunicaciones Distribuidas S.L
M2M Connectivity Pty. Ltd.
Murata Manufacturing Co., Ltd.
Orange Business Services
Qualcomm Technologies, Inc.
Senet, Inc.
Sierra Wireless, Inc.
Telefónica S.A.
Telensa, Ltd.
Trilliant Holdings, Inc.
Vodafone New Zealand, Ltd.
Weightless SIG
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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