Global Low-Power Wide Area Networks Market 2021-2025

Global Low-Power Wide Area Networks Market 2021-2025

The publisher has been monitoring the low-power wide area networks market and it is poised to grow by $ 109.76 bn during 2021-2025, progressing at a CAGR of 58% during the forecast period. The report on low-power wide area networks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the low cost and power consumption of LPWAN technology, increased penetration of mobile-computing devices, and adoption of connected devices and services among consumers. In addition, low cost and power consumption of LPWAN technology is anticipated to boost the growth of the market as well.

The low-power wide area networks market analysis includes end-user segment and geographical landscapes.

The low-power wide area networks market is segmented as below:

By End-user

• Agriculture and environment
• Smart buildings
• Consumer
• Utilities
• Others

By Geographical Landscapes

• Europe
• North America
• APAC
• South America
• MEA

This study identifies the growing need for secure and compliant cloud solutions as one of the prime reasons driving the low-power wide area networks market growth during the next few years. Also, increase in development of smart cities and increasing adoption of LPWAN by enterprises will lead to sizable demand in the market.

The report on low-power wide area networks market covers the following areas:

• Low-power wide area networks market sizing
• Low-power wide area networks market forecast
• Low-power wide area networks market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading low-power wide area networks market vendors that include Actility SA, AT&T Inc., Bouygues Telecom, Huawei Investment & Holding Co. Ltd., Ingenu Inc., Link Labs Inc., Semtech Corp., Telefonica SA, Thales Group, and Vodafone Group Plc. Also, the low-power wide area networks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.