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Low power wide area network (LPWAN) market - Growth by Top Company, Regions and Applications Forecast to 2027

Low power wide area network (LPWAN) market - Growth by Top Company, Regions and Applications Forecast to 2027

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Low power wide area network (LPWAN) market - Growth by Top Company, Regions and Applications Forecast to 2027

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  1. Low power wide area network (LPWAN) market - Trends Analysis and Growth Opportunities to 2027 • The low power wide area network (LPWAN) market is touted to depict lucrative growth over the ensuing years, owing to a surge in collaborative strategies by key industry participants. Considering an instance, in January 2021, Adafruit, an open source hardware developer, added combined support for Helium’s P2P low power network (LPWAN) for IoT applications. The pre-built integration advances the process of development for Adafruit users so that they could commence the deployment of what Helium claims is the largest, public IoT network at the global level. • According to Helium’s Dal Gemmell, the company is a big fan of Adafruit and is thrilled to underscore the latest Helium Console pre-built integration for Adafruit’s IO platform. Such advancements are expected to drive industry demand over the analysis period. On this note, the low power wide area network (LPWAN) market size is estimated to surpass USD 80 million by 2027, cites the latest research by Global Market Insights, Inc. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. This growth is attributed to the rising demand for LPWAN devices and technology services and solutions for smart parking applications. Smart parking enabled by LPWAN technologies, comprising NB-IoT and LTE-M, facilitates cities in the efficient management of parking assets. The NB-IoT technology is gaining traction in smart parking applications as it provides a wide area coverage and supports long-battery life, allowing sensors to be placed in any location. • Furthermore, numerous businesses are focusing on the development of advanced solutions that are based on the use of low power wide area network in IoT connectivity. Citing an instance, in January 2019, a Thales Group company, Gemalto, rolled out Cinterion IoT Modules powered by the 9205 IoT modems of Qualcomm. The roll-out assisted the organization to cater to the increasing enterprise demand for NB-IoT connectivity. • The consumer electronics are poised to account for more than 10 per cent of the low power wide area network industry market share through 2027. This escalation is ascribed to a surge in the adoption of smart electronic products comprising smart home automation systems, smart refrigerators, security alarms, and fitness trackers. • On the whole, a rising number of favorable government initiatives for backing the adoption of IoT devices will boost LPWAN market growth over the estimated period. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/674 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • The Europe low power wide area network market size is anticipated to account for 20 per cent of the overall industry revenue through 2027. A rise in the adoption of smart cities and increasing government support for smart manufacturing and digital transformation are expected to bolster industry demand in the region. • Competitive Analysis • Key players operating in the market are: Actility, AT&T Inc., Avnet, Inc., Cisco Systems, Inc., CONNIT, Huawei Technologies Co. Ltd., Ingenu Inc.., Kerlink, Link labs, LORIOT.IO, Nwave, Orange Business Services, Qualcomm Technologies, Inc., Semtech Corporation, Senet, Inc., Sierra Wireless, Sigfox, Verizon Communications Inc., Vodafone Group Plc, and WavIoT, © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Low Power Wide Area Network Market @ https://www.gminsights.com/industry-analysis/low-power-wide-area-network-lpwan-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/674 Request for customization: https://www.gminsights.com/roc/674 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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