Low power wide area IOT technologies third wave of information technology since the Internet and mobile communications. The concept of the Internet of Things was formally proposed in 2005 after the International Telecommunication Union (ITU) announced ‘ITU Internet Report 2005: Internet of Things’ . This report mentions that all objects can actively exchange information over the network. Global Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +11.78%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025.
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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&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).
Smart meters will, by some margin, be the largest application with 45% of total LPWA connections in 2020. Industrial/financial applications will be the second largest, followed by consumer electronics, a broad category where we expect very high growth rates around 2020. Smart city applications, notably intelligent lighting/parking and smart buildings, are forecast to account for 12% of total LPWA connections in 2020. The adoption of LPWA in land vehicle-based applications is expected to be limited.
North America is initially the largest LPWA region, largely because of the adoption of RPMA devices in predominantly private networks. LoRa and SIGFOX networks are also being rolled out in US. Western Europe is expected to become the largest region in terms of LPWA connections in 2017, but Asia Pacific will overtake it in the following year and by 2020 the latter is expected to represent nearly 46% of the total.
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Deployment of LPWA networks is expected to be much slower in developing markets, where the focus on M2M overall is much more limited. Africa and Middle East, Central and Eastern Europe and Latin America are expected to account for just 14% of LPWA global connections in 2020.
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Mobile network operators are following a number of different approaches, depending on local market conditions, market maturity, degree of international exposure, market position and degree of focus on M2M. Most operators are waiting for 3GPP standard LPWA technologies to be ratified and commercialized. Some operators are backing a range of LPWA technologies, either because they operate across diverse markets which have different needs or for opportunistic reasons, combined with local competition.
Table Of Content
Global Low Power Wide Area Internet Of Things Market Research Report
Chapter 1Low Power Wide Area Internet Of Things Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix