Long-Ranged Wireless Market Report 2026

The long-ranged wireless market size has grown exponentially in recent years. It will grow from $21.22 billion in 2025 to $34.29 billion in 2026 at a compound annual growth rate (CAGR) of 61.6%. The growth in the historic period can be attributed to growth of industrial automation systems, expansion of machine to machine communication, increasing demand for remote monitoring solutions, early adoption of cellular iot networks, rise of smart infrastructure projects.

The long-ranged wireless market size is expected to see exponential growth in the next few years. It will grow to $235.24 billion by 2030 at a compound annual growth rate (CAGR) of 61.8%. The growth in the forecast period can be attributed to expansion of smart city deployments, increasing adoption of private 5g networks, rising demand for real time analytics in distributed systems, growth of connected industrial ecosystems, increasing need for low power wide area connectivity solutions. Major trends in the forecast period include lpwan and lorawan-based long range connectivity expansion, private 5g and hybrid network deployment for enterprises, satellite iot for remote and rural connectivity, edge computing enabled distributed network optimization, energy efficient wide area communication protocols.

The increasing adoption of Internet of Things (IoT) devices across various industries is expected to drive the growth of the long-ranged wireless market in the coming years. IoT device adoption refers to the expanding deployment of connected sensors, machines, and smart devices across industrial, commercial, and infrastructure environments to collect, transmit, and analyze data for enhanced operational efficiency. The adoption of IoT devices is rising due to the growing demand for automation, remote monitoring, and data-driven decision-making across multiple sectors. Long-ranged wireless solutions support industrial and commercial IoT deployments by providing reliable, low-power, wide-area connectivity that connects distributed devices to central systems for real-time monitoring and control. For instance, in September 2024, according to IoT Business News, a Germany-based IoT research and news platform, the number of connected IoT devices globally increased from 16.6 billion in 2023 to 18.8 billion in 2024, marking a 13 % increase year-over-year. Therefore, the growing adoption of Internet of Things (IoT) devices across industries is driving the growth of the long-ranged wireless market.

Leading companies operating in the long-ranged wireless market are focusing on technological innovations such as the LoRa Plus LR2021 transceiver to extend communication range, improve data throughput, and reduce power consumption for distributed Internet of Things (IoT) applications. The LoRa Plus LR2021 transceiver is a semiconductor device designed to support long-range, low-power wireless communication across sub-GHz and 2.4 GHz ISM bands, while maintaining compatibility with the LoRaWAN open protocol and other low-power communication protocols. For example, in March 2025, Semtech Corporation, a US-based semiconductor and IoT systems provider, introduced the LoRa Plus LR2021 transceiver, which offers data rates of up to 2.6 Mbps, supports multi-protocol connectivity including LoRa and fast long-range communication (FLRC), and lowers bill-of-materials costs and power consumption compared to earlier devices. Designed for IoT deployments, the transceiver enables improved long-range connectivity for AI-enabled edge devices, industrial sensors, and other distributed IoT use cases.

In January 2025, ConnectM Technology Solutions, Inc., a U.S.-based electrification and wireless communication solutions provider, acquired MHz Invensys for an undisclosed amount. Through this acquisition, MHz Invensys obtains access to ConnectM’s wider portfolio and strategic resources, allowing accelerated development and deployment of smart metering and wireless communication solutions for IoT and Advanced Metering Infrastructure (AMI) applications. MHz Invensys is a U.S.-based company that develops high-performing wireless communication products and solutions, primarily focused on long-range, low-power connectivity and integration of advanced wireless technologies into energy and IoT systems.

Major companies operating in the long-ranged wireless market are AT&T Inc., Cisco Systems Inc., Orange S.A., Qualcomm Incorporated, Ericsson, Nokia Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Microchip Technology Inc., Quectel Wireless Solutions Co. Ltd., u‑blox AG, Nordic Semiconductor ASA, Digi International, MultiTech Systems Inc., Cavli Wireless, SenRa Systems Pvt Ltd, Sequans Communications, Skylo Technologies Inc., LORIOT AG, Link Labs Inc., OQ Technology, Telit Communications PLC, Milesight IoT Co. Ltd.

Asia-Pacific was the largest region in the long-ranged wireless market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the long-ranged wireless market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the long-ranged wireless market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The long-ranged wireless market consists of revenues earned by entities by providing services such as device connectivity, network management, system integration, installation and setup, maintenance and support, software and application development, and security management. The market value includes the value of related goods sold by the service provider or included within the service offering. The long-ranged wireless market also includes sales of transceivers, gateways, antennas, sensors, and IoT communication modules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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