November 27, 2020

Impact Assessment of COVID-19 Outbreak on Low Power Wide Area Network Market 2020 Global Analysis, Trends, Forecast up to 2027

The Global Low Power Wide Area Network Market is projected to reach a value of over USD 327.6 Billion by 2027 at a CAGR of around 74.6%.

Low Power Wide Area Network (LPWAN) is a wireless telecommunication technology which is mostly used in organizations for the long range of communication. It is used in wide area through interconnection of low bandwidth and devices for the long range. The network is mostly used for the purpose of machine to machine networking. Also, the network helps in connecting and improving the quality of business, as well as have the ability to transport more data of long range communication.

Moreover, the low power wide area network has the better operating capabilities than consumer mobile technologies.

Low Power Wide Area Network Market: Drivers & Restraint

Market Driver:

Increasing Demand for IoT Technology

The increasing demand for IoT technology for less power helps to enhance the growth of low power wide area network. Also, these technologies provide a quick and less risk services and solutions for the users. IoT technology used for fast prototyping and deployment features may enhance the productivity of the business. Furthermore, the IoT application helps to track and monitor the health, livestock as well as the commodities of the market.

Hence, the IoT application is creating new efficiency for the organizations operate by providing a tangible value to the users which may lead to generate revenue from the market. The demand for Internet of Thing (IoT) technology is expected to surge the low power wide area network market during the forecast period.

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Expanding Usage of Services in Telecommunication Sector

The expanding usage of services in telecommunication sector enhances the services such as wired broadband internet television broadcasters as well as telecommunications services which may lead to increase in demand for the LPWAN in the market. It is also used to transmit the data, location monitoring as well as for the trade analysis. According to the GSM Associations in 2018, 46 NB-IoT network commercially launched over 28 different countries which includes Europe, APAC, Africa and Middle East. Moreover, the operators deploying these networks includes Mobile Network Operator (MNO) with the Long-Term Evolution (LTE) network which has already adopted in the telecom companies such as Vodafone, Telefonica, Orange and some of the Chinese operators that includes China Mobile and China Unicorn.

Therefore, expanding usage of services in telecommunication sector leads to rising the demand of the low power wide area network market during the forecast period.

Market Restraint:

Security Concern of Data

The security concern intensifies from the open architecture and protocol layer design which may lead to hamper the growth of the market. Moreover, many organizations are using private network because of the security issues and privacy. Due to increase in the data traffic security concerns are rising that may act as barrier for the growth of LPWAN market in the forecast period.

Low Power Wide Area Network Market: Key Segments

  • Based on Technology: SigFox, Weightless, LoRaWAN, ZigBee, Ingenu and Others.
  • Based on Deployment Type: Public Network, and Private Network.
  • Based on Application: Smart Metering, Smart Cities, Asset Monitoring, Smart Lighting, Smart Buildings, Energy Management and Others.
  • Based on End-User: Healthcare, Logistics and Transportation, Agriculture, Manufacturing, Oil and Gas and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis

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Low Power Wide Area Network Market: Report Scope

The report on the low power wide area network market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Low Power Wide Area Network Market include:

  • Semtech Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Loriot AG
  • NWAVE
  • SIGFOX
  • Actility, SA
  • Ingenu Inc.
  • LINK LABS
  • Senet
  • Other Key Companies

Low Power Wide Area Network Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Low Power Wide Area Network Market, by Technology

  • SigFox
  • Weightless
  • LoRaWAN
  • ZigBee
  • Ingenu
  • Others

Low Power Wide Area Network Market, by Deployment Type

  • Public Network
  • Private Network

Low Power Wide Area Network Market, by Application

  • Smart Metering
  • Smart Cities
  • Asset Monitoring
  • Smart Lighting
  • Smart Buildings
  • Energy Management
  • Others

Low Power Wide Area Network Market, by End-User

  • Healthcare
  • Logistics and Transportation
  • Agriculture
  • Manufacturing
  • Oil and Gas
  • Others

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Low Power Wide Area Network Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the important developments affecting the market globally and its growth?
  • What will be the impact of the developments in the market on the industry and on the market competitor in the future?
  • What are the evolving variations of the market worldwide?
  • What are the evolving functions of the market worldwide?
  • What is the important condition that will affect market growth worldwide during the study period?
  • Who are the major players operating in the market across the globe?
  • How are the major players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Demand for IoT Technology
      2. Expanding Usage of Service in Telecommunication Sector
      3. Enhancement of 4G Technology
    3. Restraint
      1. Huge Amount on Data
    4. Opportunities
      1. Adoption of 5G Mobile Technology
    5. Challenges
      1. Security Concern of Data
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL LOW POWER WIDE AREA NETWORK MARKET BY TECHNOLOGY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. SigFox
    3. Weightless
    4. LoRaWAN
    5. ZigBee
    6. Ingenu
    7. Others
  7. GLOBAL LOW POWER WIDE AREA NETWORK MARKET BY DEPLOYMENT TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Public Network
    3. Private Network
  8. GLOBAL LOW POWER WIDE AREA NETWORK MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Smart Metering
    3. Smart Cities
    4. Asset Monitoring
    5. Smart Lighting
    6. Smart Buildings
    7. Energy Management
    8. Others
  1. GLOBAL LOW POWER WIDE AREA NETWORK MARKET BY END-USER, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Healthcare
    3. Logistics and Transportation
    4. Agriculture
    5. Manufacturing
    6. Oil and Gas
    7. Others
  2. GLOBAL LOW POWER WIDE AREA NETWORK MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  3. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  4. COMPANY PROFILES
    1. Semtech Corporation
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Loriot AG
    3. NWAVE
    4. SIGFOX
    5. Actility, SA
    6. Ingenu Inc.
    7. LINK LABS
    8. Senet
    9. Other Key Companies
  5. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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