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

Publisher Frost & Sullivan
Published Dec 27, 2024
SKU # MC19459804

Description

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

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.

Table of Contents

    • Strategic Imperative
    • Growth Environment
    • Frost RadarTM Competitive Environment
    • Actility
    • Akenza.io
    • LORIOT
    • MachineQ, a Comcast Company
    • Netmore
    • The Things Industries
    • UnaBiz
    • Best Practices
    • Growth Opportunities
    • Frost Radar : Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
    • Significance of Being on the Frost RadarTM
    • Frost RadarTM Empowers the CEO’s Growth Team
    • Frost RadarTM Empowers Investors
    • Frost RadarTM Empowers Customers
    • Frost RadarTM Empowers the Board of Directors
    • Next Steps

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