Frost Radar™: Massive IoT, Non-licensed LPWAN Connectivity Platforms, 2024

Information TechnologyFrost Radar™: Massive IoT, Non-licensed LPWAN Connectivity Platforms, 2024

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
27-Dec-2024
REGION
Global
Deliverable Type
Frost Radar
Research Code: KA29-01-00-00-00
SKU: IT_2024_1218
AvailableYesPDF Download
$4,950.00
In stock
SKU
IT_2024_1218

Frost Radar™: Massive IoT, Non-licensed LPWAN Connectivity Platforms, 2024
Published on: 27-Dec-2024 | SKU: IT_2024_1218

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Frost & Sullivan defines non-licensed low-power wide-area network (LPWAN) connection as active devices connected to a wireless communication network designed for low-bandwidth, long-range data transmission over an unlicensed spectrum. This type of technology connects IoT devices with low power consumption and low data rates and covers large areas.

Frost & Sullivan expects the number of non-licensed LPWAN connections is expected to grow by 22.7% year over year in 2024. Customers increasingly rely on LPWAN technology to fulfill the requirements for massive IoT applications, including low energy consumption, small data volumes, low-cost devices, and extreme coverage. Key applications encompass smart metering, asset tracking, fleet management, agriculture, and smart cities.

The most advanced markets have been adopting non-licensed LPWAN for cost-effective connectivity solutions for massive IoT and M2M applications. However, emerging markets will lead the growth in the next 3 to 6 years because digitalization will require LPWAN.

Frost & Sullivan analyzes numerous companies in an industry. This analysis benchmarks connectivity providers across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.

The selected companies innovate through business models, software platforms, integrations, partnerships, and other elements. In the past four years, they have attained growth rates that exceed the market average while improving their future growth pipelines.

Strategic Imperative

Strategic Imperative (continued)

Growth Environment

Frost Radar™: Massive IoT, Non-licensed LPWAN Connectivity Platforms, 2024

Frost Radar™ Competitive Environment

Frost Radar™ Competitive Environment (continued)

Actility

Actility (continued)

Actility (continued)

Actility (continued)

Akenza.io

Akenza.io (continued)

Akenza.io (continued)

Akenza.io (continued)

LORIOT

LORIOT (continued)

LORIOT (continued)

LORIOT (continued)

MachineQ, a Comcast Company

MachineQ, a Comcast Company (continued)

MachineQ, a Comcast Company (continued)

Netmore

Netmore (continued)

Netmore (continued)

The Things Industries

The Things Industries (continued)

The Things Industries (continued)

UnaBiz

UnaBiz (continued)

UnaBiz (continued)

UnaBiz (continued)

UnaBiz (continued)

Best Practices

Growth Opportunities

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Next Steps

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Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

Frost & Sullivan defines non-licensed low-power wide-area network (LPWAN) connection as active devices connected to a wireless communication network designed for low-bandwidth, long-range data transmission over an unlicensed spectrum. This type of technology connects IoT devices with low power consumption and low data rates and covers large areas. Frost & Sullivan expects the number of non-licensed LPWAN connections is expected to grow by 22.7% year over year in 2024. Customers increasingly rely on LPWAN technology to fulfill the requirements for massive IoT applications, including low energy consumption, small data volumes, low-cost devices, and extreme coverage. Key applications encompass smart metering, asset tracking, fleet management, agriculture, and smart cities. The most advanced markets have been adopting non-licensed LPWAN for cost-effective connectivity solutions for massive IoT and M2M applications. However, emerging markets will lead the growth in the next 3 to 6 years because digitalization will require LPWAN. Frost & Sullivan analyzes numerous companies in an industry. This analysis benchmarks connectivity providers across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths. The selected companies innovate through business models, software platforms, integrations, partnerships, and other elements. In the past four years, they have attained growth rates that exceed the market average while improving their future growth pipelines.
More Information
Deliverable Type Frost Radar
Author Cecilia Perez
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 massive IoT
Keyword 2 LPWAN connectivity
Keyword 3 IoT market trends 2024
Podcast No
WIP Number KA29-01-00-00-00