LP-WAN Market – Overview
Low power wide area networks have risen in demand due to their ability to better deliver network speeds for machine-to-machine (M2M) and the internet of things (IoT) networks. Market focused reports connected to the semiconductors and electronics industry among others of late have been made accessible by Market Research Future which issues reports on this industry. The LP-WAN Market is expected to expand with a CAGR of approximately 89 percent in the duration of the forecast period up to 2023.
As LPWAN effectively enables long range communication and helps in creating IoT networks around the world, its demand has increased two fold in the past few years. Demand for low power consumption and low cost characteristics of LPWAN technology is likely to positively benefit the growth of the market over the forecast period. The increased impetus on the development of the Internet of things has given way to the robust expansion of the low power wide area network market. Furthermore, mounting demand for LPWAN services from end users will drive the growth of the LP-WAN Market in the duration of the forecast period.
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Key Players:
The rising interest in expansion within the business has permitted the industries to use several situations available in the market. Contenders of this market are also spending on inventions to deliver a certain degree of innovation in the market and expand the avenues for growth especially in the period of the forecast. The market trends have also created the need to ensure financial sustainability to devote to the growth prospects as and when they arise. Companies are also continually attempting to create financial leverage, to be better positioned to capitalize on market gains. The aim of the companies in the market to grow their shareholder's value while enhancing the capability to power their competitive edge has enabled the company’s development to a great extent. The odds for increasing revenue inflow in the business are expected to swell through the forecast period.
Semtech Corporation (U.S.), LORIOT (Switzerland), NWave Technologies (London), SIGFOX (France), WAVIoT (U.S.), Cisco Systems (U.S.), Actility (France), Weightless SIG (U.K), Senet, Inc. (U.S.), AT&T Inc. (Germany), Huawei Technologies Co. Ltd. (China), Ingenu (U.S.), Link Labs Inc. (U.S.), Qualcomm Inc. (U.S.), Telefonica SA (Spain) and Vodafone Group Plc. (U.K) are among some of the major players in the low power wide area network market globally.
Segments
The LP-WAN Market is segmented into the segments of service, connectivity technology, application, network deployment, and vertical. The connectivity technology based segmentation of the market comprises of LoRaWAN, SIGFOX, Weightless, and others. Based on the service, the segment is divided into professional services and managed services. The network deployment factor divides the market into the private sector and public sector. The application based segment the market consists of smart buildings, smart waste management, smart gas and water metering, smart parking, smart streetlights, livestock monitoring and others. While, vertical based segmentation of the market comprises of industrial manufacturing, smart logistics and transportation, agriculture, healthcare, oil and gas, consumer electronics and others.
Regional Analysis
The low power wide area network market globally is studied in the regions of APAC, North America, Europe, and Rest of the World. It has been witnessed that the European region is projected to account for the biggest share of the market, while the Asia Pacific region is expected to develop at a rapid rate during the forecast period. The development of the market in the European region is attributed to technological advancements and improved adoption of connected devices across numerous industry verticals.
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TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Low Power Wide Area Network Market: By Region, 2017-2023
Table 2 North America Low Power Wide Area Network Market: By Country, 2017-2023
Table 3 Europe Low Power Wide Area Network Market: By Country, 2017-2023
Table 4 Asia-Pacific Low Power Wide Area Network Market: By Country, 2017-2023
Table 5 Middle East & Africa Low Power Wide Area Network Market: By Country, 2017-2023
Table 6 Latin America Low Power Wide Area Network Market: By Country, 2017-2023
Table 7 Global Low Power Wide Area Network By Connectivity Technology Market: By Regions, 2017-2023
Table 8 North America Low Power Wide Area Network By Connectivity Technology Market: By Country, 2017-2023
Table 9 Europe Low Power Wide Area Network By Connectivity Technology Market: By Country, 2017-2023
Table10 Asia-Pacific Low Power Wide Area Network By Connectivity Technology Market: By Country, 2017-2023
Continued…
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Market ScenarioLow power wide area network refers to a type of network which allows long range communication at a low bit rate and is the prevailing technology choice for building IoT networks across the globe.
are a few major players in the global Low Power Wide Area Network Market.
Also, growing demand for LPWAN services from various end users is set to drive the growth of the low power wide area network market.The services segment is expected to witness significant growth during the forecast period.
The services segment is further classified into professional services and managed services and the latter is expected to grow at the highest rate during the forecast period.
Managed services help the companies in developing strategies in order to manage the technology at a lower cost.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1201The Europe region holds the largest share of the market across the globe followed by North America, and Asia Pacific region.
Additionally, the growing adoption of low power consumption technologies is another major factor driving the growth of the low power wide area network market in the region.The global low power wide area network market is expected to grow at a CAGR of approximately 72% during the forecast period 2017-2023.Key Players:Some of the prominent players in the global low power wide area network market are Semtech Corporation (U.S.), LORIOT (Switzerland), NWave Technologies (London), SIGFOX (France), WAVIoT (U.S.), Cisco Systems (U.S.), Actility (France), Weightless SIG (U.K), Senet, Inc. (U.S.), AT Inc. (Germany), Huawei Technologies Co. Ltd. (China), Ingenu (U.S.), Link Labs Inc. (U.S.), Qualcomm Inc. (U.S.), Telefonica SA (Spain) and Vodafone Group Plc.
The Global Low Power Wide Area Network Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the low power wide area network market.
The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Low Power Wide Area Network Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/8814-low-power-wide-area-network-market-reportThe report also covers the complete competitive landscape of the global Low Power Wide Area Network market with company profiles of key players such as:Semtech CorporationLoriot.
ioNwave TechnologiesSigfoxWaviotActilityIngenuLink Labs, Inc.Weightless SIGSenet, Inc.SEGMENTATIONS IN REPORT:Low Power Wide Area Network Market Analysis by Connectivity Technologies:SIGFOXLoRaWANWeightlessOthersLow Power Wide Area Network Market Analysis by Technology Services:Managed ServicesProfessional ServicesLow Power Wide Area Network Market Analysis by Network Deployment:Public SectorPrivate SectorLow Power Wide Area Network Market Analysis by Applications:Smart Waste ManagementSmart BuildingsSmart Gas and Water MeteringSmart StreetlightsSmart ParkingLivestock MonitoringOthersLow Power Wide Area Network Market Analysis by Verticals:AgricultureSmart Logistic and TransportationHealthcareIndustrial ManufacturingOil and GasConsumer ElectronicsOthersLow Power Wide Area Network Market Analysis by Geography:North AmericaEuropeAsia PacificLatin AmericaMiddle East And AfricaDownload Free Sample Report of Global Low Power Wide Area Network Market @ https://www.decisiondatabases.com/contact/download-sample-8814The Global Low Power Wide Area Network Market has been exhibited in detail in the following chapters –Chapter 1 Low Power Wide Area Network Market PrefaceChapter 2 Executive SummaryChapter 3 Low Power Wide Area Network Industry AnalysisChapter 4 Low Power Wide Area Network Market Value Chain AnalysisChapter 5 Low Power Wide Area Network Market Analysis By Connectivity TechnologiesChapter 6 Low Power Wide Area Network Market Analysis By Technology ServicesChapter 7 Low Power Wide Area Network Market Analysis By Network DeploymentChapter 8 Low Power Wide Area Network Market Analysis By ApplicationsChapter 9 Low Power Wide Area Network Market Analysis By VerticalsChapter 10 Low Power Wide Area Network Market Analysis By GeographyChapter 11 Competitive Landscape Of Low Power Wide Area Network CompaniesChapter 12 Company Profiles Of Low Power Wide Area Network IndustryPurchase the complete Global Low Power Wide Area Network Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-8814Other Reports by DecisionDatabases.com:Global Wireless Mesh Network Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Vector Network Analyzer Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Software Defined Networking (SDN) Market Research Report – Industry Analysis, Size, Share, Growth, Trends And ForecastAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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