Frost 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
27-Dec-2024
Global
Frost Radar
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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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.
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 |