Until recently, most M2M and IoT services have largely relied on licensed cellular, wireline and satellite networks for their wide area connectivity requirements. Cellular networks, in particular, have enjoyed significant success in the arena. However, for many low bandwidth IoT applications, traditional cellular networks are deemed too expensive due excessive power consumption and complex protocols that lower battery life. As a result, a number of LPWA (Low Power Wide Area) alternatives have emerged that specifically seek to address these concerns.
Global LPWA (Low Power Wide Area) Networks Industry is further estimated to grow at a CAGR of 45% from 2018 to 2025 to reach USD 173 Billion by 2025. LPWA networks are optimized to provide wide area coverage with minimal power consumption. Typically reliant on unlicensed frequencies, LPWA devices have low data rates, long battery lives and can operate unattended for long periods of time. Already prevalent in IoT applications such as smart metering, lighting control and parking management, LPWA networks are expected to make a significant contribution to the M2M and IoT ecosystem.
PWA (Low Power Wide Area) Networks Industry – “Opportunities, Challenges, & Forecasts” report presents an in-depth assessment of the LPWA (Low Power Wide Area) Networks Industry including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, use cases, vertical markets, service provider case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for LPWA (Low Power Wide Area) Networks infrastructure investments from 2019 till 2025.
LPWA (Low Power Wide Area) Networks Industry Segmentation: