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.
Adoption of Internet of Things and integration of Machine-to-Machine (M2M) across various industries are the primary drivers for the growth of Low Power Wide Area Network (LPWAN) market. Moreover, factors such as government infrastructure projects such as smart cities water, gas metering and asset tracking and increase in wireless real time tracking and product & process monitoring are also driving the growth low power wide area network market.
However, lack of governance along with privacy and security concerns open standards for LPWAN connectivity are factors restraining the growth of low power wide area network (LPWAN) market.
In 2017, the global Enterprise LPWAN market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Market segment by Type, the product can be split into
Cellular Based LPWAN Technologies
Non-Cellular LPWAN Technologies
Market segment by Application, split into
Small and Medium Enterprise
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Enterprise LPWAN status, future forecast, growth opportunity, key market and key players.
To present the Enterprise LPWAN development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Enterprise LPWAN are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.