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Report overview
The global LPWA (Low Power Wide Area) Networks market was valued at US$ 1737.9 million in 2023 and is projected to reach US$ 2132.6 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global LPWA (Low Power Wide Area) Networks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global LPWA (Low Power Wide Area) Networks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global LPWA (Low Power Wide Area) Networks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Low-power WAN (LPWAN) is a wireless wide area network technology that interconnects low-bandwidth, battery-powered devices with low bit rates over long ranges.
This report aims to provide a comprehensive presentation of the global market for LPWA (Low Power Wide Area) Networks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LPWA (Low Power Wide Area) Networks. This report contains market size and forecasts of LPWA (Low Power Wide Area) Networks in global, including the following market information:
Global Low Power Wide Area Network (LPWAN) key players include Semtech Corporation, AT&T Inc, Cisco Systems, Huawei Technologies, Actility, etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 35%, followed by China, and North America, both have a share about 50 percent.
In terms of product, LoRaWAN is the largest segment, with a share about 31%. And in terms of application, the largest application is Smart City, followed by Transportation and Logistics, Healthcare Applications, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LPWA (Low Power Wide Area) Networks companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LPWA (Low Power Wide Area) Networks Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global LPWA (Low Power Wide Area) Networks Market Segment Percentages, by Type, 2023 (%)
Global LPWA (Low Power Wide Area) Networks Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global LPWA (Low Power Wide Area) Networks Market Segment Percentages, by Application, 2023 (%)
Global LPWA (Low Power Wide Area) Networks Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global LPWA (Low Power Wide Area) Networks Market Segment Percentages, By Region and Country, 2023 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of LPWA (Low Power Wide Area) Networks, market overview.
Chapter 2: Global LPWA (Low Power Wide Area) Networks market size in revenue.
Chapter 3: Detailed analysis of LPWA (Low Power Wide Area) Networks company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LPWA (Low Power Wide Area) Networks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.