North America Low Power Wide Area Network (Lpwan) Market Forecast 2018-2026
Between the forecast years of 2018-2026, the North America LPWAN market is expected to witness a CAGR of 68.68%, raising a net total of $XX million by the end of 2026. High investments, as well as funding received by the market players to enhance the development process of services based on LPWAN technologies, are chiefly driving the market growth in this region.
Rising number of internet users and connected devices and a need for efficient long-range connectivity between these devices is driving the market for LPWAN in North America. The region has also witnessed a widespread implementation of IoT and machine to machine applications. Moreover, several market players are employing strategies like partners, mergers, and collaborations for developing advanced LPWAN technologies in the region.
Telefónica, S.A, Semtech Corporation, At&T Inc, Nwave Technologies, Qualcomm Incorporated, Actility, Zifisense, Link-Labs Llc, Ingenu Inc., Loriot Ag, Sigfox, Vodafone Group Plc, Huawei Technologies Co. Ltd, Senet Inc and Waviot are the leading players in this market.