Market Highlights
Low power wide area network (LPWAN) is wireless wide range, low bit rate telecommunication network optimized for communications between connected objects. It differs from a wireless WAN owing to its low power, low bit rate network optimized for devices rather than to connect users or businesses applications which need more data and power. The LPWAN data rate ranges from a minimum of 0.3 kbit/s to a maximum of 50 kbit/s per channel. The global low power wide area network market is anticipated to generate a CAGR of 8.9% during the forecast period of 2017 to 2023.
Market Dynamics:
Drivers
The growing connectivity between the devices or Internet of Things (IOT), growing automation, explosive adoption of smart wearable devices are the critical drivers of the market. The technological drivers of the market are the advancements in sensor technology, miniaturization of devices, growing computational power of devices, machine learning and artificial intelligence technologies.
The economic drivers of the market are falling cost of smart devices, elimination of investing in gateway technology for deployment thereby saving on cost, development of telemedicine and connected healthcare delivery, lower cost due to low power consumption, lower data consumption, and ability to integrate in wide applications ranging from lights, home appliances, cars, manufacturing equipment and others. The ubiquity of devices and networks are further impetus to the market
Restraints
Lack of uniform standardization and issues of integration between products offered by competing vendors resulting in high switching costs are the prime restraints on the market.
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Segmentation:
The global low power wide area network market is segmented by connectivity technology, service, network deployment, application and vertical so as to generate a comprehensive understanding of the complexities and dynamics of the market.
Connectivity technology - SIGFOX, LoRaWAN, Weightless and others.
Service - professional services and managed services.
Network deployment - public sector and private sector.
Application - smart buildings, smart streetlights, smart waste management, smart gas and water metering, smart parking, livestock monitoring and others.
Vertical - healthcare, agriculture, industrial manufacturing, smart logistics and transportation, oil and gas, consumer electronics and others.
Regions - Asia Pacific, North America, Europe, and Rest of the World
Regional Analysis:
The global low power wide area network market is dominated by Europe led by Germany, France, U.K. and others. The Scandinavian nations such as Norway, Sweden, and Finland are expected to generate faster growth as compared to other parts of Europe. North America led by the U.S. accounted for the second largest market owing to large research base, faster adoption of new technology and other drivers.
Asia Pacific is projected to generate the fastest growth during the forecast period attributed to technological advancements and increased adoption of connected devices especially in developing regions of China and India. The Middle East and Africa market is expected to be skewed in favor of the Gulf economies of Saudi Arabia, UAE and others. The lower adoption smart devices in Africa is the strongest constraint on its market as the countries with the least smartphone ownership rates in the world are Tanzania (11%), Uganda (4%) and Ethiopia (4%).
Key Players
Some of the major players in the global low power wide area network market are Qualcomm Inc. (U.S.), Weightless SIG (U.K),SIGFOX (France), Ingenu (U.S.), Huawei Technologies Co. Ltd. (China), Semtech Corporation (U.S.), NWave Technologies (London), LORIOT (Switzerland),WAVIoT (U.S.), Cisco Systems (U.S.), Actility (France), Senet, Inc. (U.S.), AT&T Inc. (Germany), Link Labs Inc. (U.S.), Telefonica SA (Spain) and Vodafone Group Plc. (U.K) and others.
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Global Low Power Wide Area Network Market Research Report: by Connectivity Technology (SIGFOX, LoRaWAN, Weightless), Service (Managed, Professional), Network Deployment (Private, Public), Application and Vertical | Forecast till 2023
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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.
The market trends have also created the need to ensure financial sustainability to devote to the growth prospects as and when they arise.
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 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.SegmentsThe LP-WAN Market is segmented into the segments of service, connectivity technology, application, network deployment, and vertical.
Based on the service, the segment is divided into professional services and managed services.
Market reports connected with the semiconductors and electronics industry have been made accessible by Market Research Future who publishes reports on other sectors that have been currently published along with a report on this industry.
The market is foreseen to expand at a CAGR of approximately 72 percent in the duration of the forecast period.Availability of a wide range of end-to-end LoRaWAN solutions that have been deployed is creating an enormous potential for the growth of the market.
The requirement for effective connectivity at low costs is among the prime causes adding to the development of the market.
Rising number IoT and M2M applications together with the intensifying requirement of long-range connectivity between devices are expected to strengthen the market growth over the forecast period.Get a Free Sample @https://www.marketresearchfuture.com/sample_request/1201Segmentation:The market for low power wide area network is segmented by connectivity technology, service, network deployment, application and vertical.
By service, the market is segmented into managed services and professional services.
By application, the market is segmented into smart buildings, smart waste management, smart gas, water metering, smart parking, smart streetlights, livestock monitoring, and others.
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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Industry LandscapeMarket Research Future offers a five-year forecast for the Global Transportation Management System (TMS) Market 2020 between 2017 and 2025.
By value, the global Transportation Management Systems Market might register 6.7% CAGR during the forecast period.
As the economy has started to mend after long terms impact of COVID-19, the market will be attaining a high valuation by the year 2025 up from the previous share.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1397Transportation Management System Growth BoostersRapidly mounting economies offer opportunities and challenges to the transportation industries.
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With this, the factor of the high cost associated with the initial installation of the transport management system is yet another critical factor restraining the smooth development of global transport management system market.Regional FrameworkTransportation Management System Market Size by region has been studied for the prime regions of Europe, North America, Asia-Pacific, the Middle East and Africa, and South America.Among these, North America grabbed the largest market share in 2018, with a market value of USD 1,241.0 million; thus, the market is expected to register a CAGR of 5.9% during the forecast period.
Narrowband IoT Market connects devices more simply and efficiently on already established mobile networks.
Other advantage of narrowband IoT is battery life is of more than 10 years.
It has its wide application in agriculture, logistics and transportation, healthcare, industrial manufacturing, energy and utilities, retail, and others.The market is estimated to grow with a healthy CAGR in the forecast period of 2019-2026.
The report contains data from the base year of 2018 and the historic year of 2017.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-narrowband-iot-marketCompetitive Analysis: Global Narrowband IoT MarketFew of the major competitors currently working in the global narrowband IoT market are AT Intellectual Property., China Mobile Limited., Orange, SK TELECOM CO., LTD., Arm Limited, Vodafone Group, China Unicom (Hong Kong) Limited., Deutsche Telekom AG, Etisalat., Telstra Corporation Limited, Telefonaktiebolaget LM Ericsson, Nokia, Sierra Wireless., Qualcomm Technologies, Inc., u-blox, ZTE Corporation, SEQUANS, Serecomm Corporation, Gemalto NV, Telit, SAMSUNG, Intel Corporation, CHEERZING, Huawei Technologies Co., Ltd. amongst others.
Key Pointers Covered in the Global Narrowband IoT Market Trends and Forecast to 2026Global Narrowband IoT Market New Sales VolumesGlobal Narrowband IoT Market Replacement Sales VolumesGlobal Narrowband IoT Market Installed BaseGlobal Narrowband IoT Market By BrandsGlobal Narrowband IoT Market SizeGlobal Narrowband IoT Market Procedure VolumesGlobal Narrowband IoT Market Product Price AnalysisGlobal Narrowband IoT Market Healthcare OutcomesGlobal Narrowband IoT Market Cost of Care AnalysisGlobal Narrowband IoT Market Regulatory Framework and ChangesGlobal Narrowband IoT Market Prices and Reimbursement AnalysisGlobal Narrowband IoT Market Shares in Different RegionsRecent Developments for Global Narrowband IoT Market CompetitorsGlobal Narrowband IoT Market Upcoming ApplicationsGlobal Narrowband IoT Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-narrowband-iot-marketKey Developments in the Market:In February 2019, EITC collaborated with Nokia, Affirmed Networks and MediaTek to launch the next generation NB-IoT network, which would facilitate electronic devices to showcase and run a range of smart appliances including smart metering, smart buildings, smart asset tracking, smart parking etc.
