Global Low-power Wide Area Networks Market 2025-2029

Low-Power Wide Area Networks Market 2025-2029

The low-power wide area networks market is forecasted to grow by USD 149529.5 mn during 2024-2029, accelerating at a CAGR of 60.6% during the forecast period. The report on the low-power wide area networks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of iot devices, growing demand for energy-efficient and cost-effective connectivity solutions, and growth of smart cities and infrastructure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's low-power wide area networks market is segmented as below:

By Technology

• NB-IoT
• LTE-M
• LoRa
• Sigfox

By Connectivity

• Cellular
• Non-cellular

By End-user

• Smart buildings
• Agriculture
• Utilities
• Industrial manufacturing
• Others

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the convergence of lpwan with 5g and edge computing as one of the prime reasons driving the low-power wide area networks market growth during the next few years. Also, strategic mergers and acquisitions and strategic partnerships and collaborations will lead to sizable demand in the market.

The report on the low-power wide area networks market covers the following areas:

• Low-Power Wide Area Networks Market sizing
• Low-Power Wide Area Networks Market forecast
• Low-Power Wide Area Networks Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading low-power wide area networks market vendors that include Actility SA, AT and T Inc., BOUYGUES, Cisco Systems Inc., Huawei Technologies Co. Ltd., Ingenu Inc., Kerlink, Link Labs Inc., Loriot AG, Orange SA, Qualcomm Inc., Semtech Corp., Senet Inc., Sierra Wireless Inc., SIGFOX, Telefonica SA, Thales Group, Verizon Communications Inc., Vodafone Group Plc, and WAVIoT. Also, the low-power wide area networks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.