Global Low Power Wide Area Network
Market Report
2025
The Global Low Power Wide Area Networks market size is USD 31.1 billion in 2024. The Low Power Wide Area Network market will show the strongest growth with a compound annual growth rate (CAGR) of 49.7% from 2024 to 2031. This growth can be because of the growing demand for IoT connectivity.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Low Power Wide Area Networks market size will be USD 31.1 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 24.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Low Power Wide Area Network Market Sales Revenue 2024 | $ 31.1 Billion |
Global Low Power Wide Area Network Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 49.7% |
Market Split by Technology |
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Market Split by Service |
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Market Split by End User |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Low Power Wide Area Network Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Low Power Wide Area Network market is a rapidly growing segment of the wireless communication industry, designed to meet the needs of Internet of Things (IoT) applications that require long-range connectivity with minimal power consumption. LPWAN technologies, including LoRa, Sigfox, and NB-IoT, enable devices to operate for the extended periods on small batteries, making them ideal for the applications like smart agriculture, utility metering, asset tracking, and environmental monitoring. These networks offer extensive coverage, even in challenging environments, and are characterized by their cost-effectiveness and scalability. However, the market faces challenges like limited data transmission rates and achieving consistent network coverage. Despite these restraints, advancements in LPWAN technologies and the increasing adoption of IoT solutions are driving market growth. As industries continue to seek efficient and reliable connectivity options for a multitude of low-power devices, the LPWAN market is poised for significant expansion and innovation.
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In April 2023, Semtech Corporation announced the expansion of its PerSe product portfolio with a brand-new integrated circuit (IC) that is intended for 5G mobile devices being released. With the aid of Semtech's PerSe technology, advanced radio frequency (RF) control may be implemented on end devices like smartphones. Designers may optimize RF performance, improve connectivity, and ensure higher compliance with worldwide specific absorption rate (SAR) criteria for 5G-enabled consumer products with the PerSe connects SX9376. (Source:https://www.semtech.com/company/press/semtech-expands-perse-product-portfolio-with-launch-of-new-chipset-for-5g-mobile-devices)
Top Companies Market Share in Low Power Wide Area Network Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of global revenue due to its advanced technological infrastructure, substantial investments in IoT projects, and a high concentration of key industry players. The region's proactive regulatory environment and robust R&D initiatives further support the widespread adoption and development of LPWAN technologies.
Asia-Pacific stands out as the fastest-growing region in the Low Power Wide Area Network market due to rapid urbanization, increasing IoT adoption, and significant investments in smart city projects. Additionally, strong government support and a growing number of technology startups are driving the expansion and innovation in LPWAN solutions across the region.
The current report Scope analyzes Low Power Wide Area Network Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Low Power Wide Area Network Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Low Power Wide Area Network Industry growth. Low Power Wide Area Network market has been segmented with the help of its Technology, Service End User, and others. Low Power Wide Area Network market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, NB-IoT is the dominant category through its widespread adoption by major telecom operators and its integration into existing cellular infrastructure. Its advantages include extensive coverage, strong signal penetration in challenging environments, and support for a massive number of connected devices. NB-IoT offers robust security and reliability, meeting the stringent requirements of various IoT applications. Additionally, its standardized protocol ensures interoperability and future-proofing, making it a preferred choice for smart city initiatives, utility metering, and other large-scale IoT deployments. .
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Low Power Wide Area Network Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Low Power Wide Area Network from 2019 to 2031. This will also help to analyze the demand for Low Power Wide Area Network across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Service of Low Power Wide Area Network are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Low Power Wide Area Network Market is witnessing significant growth in the near future.
In 2023, the NB-IoT segment accounted for noticeable share of global Low Power Wide Area Network Market and is projected to experience significant growth in the near future.
The Professional Service segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sigfox , AT&T Intellectual Property and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Technology | NB-IoT, Lorawan, LTE-M |
Service | Professional Service, Managed Service |
End User | Oil and Gas, Consumer Electronics, Healthcare, Industrial Manufacturing, Logistics & Travelling |
Application | Smart Meters, Smart Buildings, Smart logistics, Smart Agriculture |
List of Competitors | Sigfox, Semtech Corporation, AT&T Intellectual Property, Nwave, Loriot AG, Activity, WAVIoT, Link Labs, Ingenu Inc., Senet |
This chapter will help you gain GLOBAL Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review Global Low Power Wide Area Network Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review North America Low Power Wide Area Network Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review Europe Low Power Wide Area Network Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review Asia Pacific Low Power Wide Area Network Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review South America Low Power Wide Area Network Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Low Power Wide Area Network. Further deep in this chapter, you will be able to review Middle East and Africa Low Power Wide Area Network Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Low Power Wide Area Network. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Technology Analysis 2019 -2031, will provide market size split by Technology. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Technology Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Service Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End User Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Low Power Wide Area Network market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why NB-IoT have a significant impact on Low Power Wide Area Network market? |
What are the key factors affecting the NB-IoT and Lorawan of Low Power Wide Area Network Market? |
What is the CAGR/Growth Rate of Professional Service during the forecast period? |
By type, which segment accounted for largest share of the global Low Power Wide Area Network Market? |
Which region is expected to dominate the global Low Power Wide Area Network Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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