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Integration of LPWAN Standards and Hybrid Terrestrial and Non-terrestrial Networks Boost Future Growth Potential
13-Dec-2023
North America
Market Research
K983-01-00-00-00
IT_2023_417
The low-power wide area network (LPWAN) market is in a growth stage, with network operators collaborating to establish LPWAN standard convergence. While some LPWAN providers are arranging deals to combine LoRaWAN® with Sigfox in their connectivity offerings, others are integrating proprietary LPWAN with cellular LPWAN.
LPWAN providers are also innovating around satellites, creating solutions that give rise to new growth opportunities. LPWAN operators innovating with non-terrestrial networks (NTNs) are conducting tests and trials. The commercial launch of hybrid satellite and LPWAN connectivity solutions will impact the market, in particular for verticals such as oil and gas, fleet management, agriculture, and maritime.
The ecosystem is growing, and alliances are attracting an increased number of members. As of November 2023, Wi-SUN Alliance has approximately 350 member companies across North America; Latin America; Asia-Pacific; and Europe, the Middle East, and Africa (EMEA), including Texas Instruments (TI), WISeKey, QualityLogic, Atsign, and Renesas Electronics. The LoRa Alliance surpassed 500 members globally, with strategic partners joining the board of directors (i.e., Semtech, Cisco, AWS, Echostar Mobile, STMicroelectronics).
Fast growth in LPWAN product certification conducted by the alliances and the acceleration in LPWAN hardware manufacturing are influencing ecosystem evolution and increasing LPWAN offerings globally.
The market will grow steadily from 2023 to 2028. Frost & Sullivan expects LPWAN connected devices to reach 3.3 billion globally by 2028.
Key Issues Addressed
- What is the present state of the LPWAN market globally?
- What are the LPWAN market growth rates globally? How will they change during the forecast period?
- What are the primary challenges that vendors addressing this market face? What are the drivers and restraints for market growth?
- What are the connection breakdowns by technology type (licensed/unlicensed)? Which is the fastest-growing?
- What are the growth opportunities for market participants?
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Low-power Wide Area Network (LPWAN) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Market Definitions: LPWAN Concept
LPWAN Overview
Market Trends: LPWAN Standard Integration
Market Trends: Hybrid LPWAN Terrestrial and NTNs
Market Trends: Hybrid LPWAN Terrestrial and NTNs (continued)
Market Segmentation
Key Public Network Operators for LPWAN Licensed and Unlicensed Technologies
Questions This Study Will Answer
Growth Metrics
Growth Environment
Growth Drivers
Growth Restraints
Forecast Assumptions
Connections Forecast
Connections Forecast by Segment
Connections Forecast by Technology
Connections Forecast by Region
Most Relevant Applications Across Industries
Percent Connections by Industry Vertical
Forecast Analysis
Forecast Analysis by Segment
Forecast Analysis by Technology
Forecast Analysis by Region
Forecast Analysis by Industry Vertical
Competitive Environment
Ericsson (NB-IoT and LTE-M)
The mioty alliance
The LoRa Alliance®
Ingenu (RPMA®)
Wi-SUN®
UnaBiz
Growth Opportunity 1: LTE-M for Wearables, Healthcare, and Remote Monitoring
Growth Opportunity 1: LTE-M for Wearables, Healthcare, and Remote Monitoring (continued)
Growth Opportunity 2: NB-IoT and Satellite Connectivity for Agribusinesses
Growth Opportunity 2: NB-IoT and Satellite Connectivity for Agribusinesses (continued)
Growth Opportunity 3: LoRaWAN® and Other Proprietary LPWAN Technology for Smart Cities
Growth Opportunity 3: LoRaWAN® and Other Proprietary LPWAN Technology for Smart Cities (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
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List of Figures
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Key Issues Addressed
- What is the present state of the LPWAN market globally?
- What are the LPWAN market growth rates globally? How will they change during the forecast period?
- What are the primary challenges that vendors addressing this market face? What are the drivers and restraints for market growth?
- What are the connection breakdowns by technology type (licensed/unlicensed)? Which is the fastest-growing?
- What are the growth opportunities for market participants?
| Deliverable Type | Market Research |
|---|---|
| Author | Cecilia Perez |
| Industries | Information Technology |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Low Power Wide Area Networks |
| Keyword 2 | LPWAN |
| Keyword 3 | LoRaWAN |
| List of Charts and Figures | LPWAN Market: Details of Leading LPWAN Technologies, Global, 2022–2028 LPWAN Market: Growth Metrics, Global, 2022 LPWAN Market: Growth Drivers, Global, 2023–2028 LPWAN Market: Growth Restraints, Global, 2023–2028 LPWAN Market: Connections Forecast, Global, 2022–2028 LPWAN Market: Connections Forecast by Segment, Global, 2022–2028 LPWAN Market: Connections Forecast by Technology, Global, 2022–2028 LPWAN Market: Connections Forecast by Region, Global, 2022–2028 LPWAN Market: Most Relevant Applications for LPWAN by Industry Vertical, Global, 2023 LPWAN Market: Percent Connections by Industry Vertical, Global, 2022 LPWAN Market: Competitive Environment, Global, 2022 |
| Podcast | No |
| WIP Number | K983-01-00-00-00 |
Growth Opportunities in Low-power Wide Area Networks
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