Low power wide area network (LPWAN) refers to
a form of network which allocates long range communication at a low bit rate.
It is a wireless technology which can be integrated into the cars, street
lights, manufacturing equipment, wearable devices and home appliances. It
offers a very compelling mix of extensive range, secure data transmission and
low power consumption. This technology is specially designed for Machine to
Machine (M2M) communications. It permits wider range for M2M & Internet of
Things (IoT) applications controlled by budgets & power consumption. The
data transfer rates is very low with low-bandwidth & less power utilization
of the connected devices. It is used for smart cities & buildings,
transportation and industrial applications.
According to study, “Low
Power Wide Area Network (LPWAN) Market, Technologies [LoRa, SigFox, Weightless-
N, Weightless- P, Weightless-W], Network Types [Private and Public], Industry
Verticals, Regions, Competitive Landscape, End-User Analysis - Global Market
Drivers, Opportunities, Trends, and Forecasts, 2016-2022” some of the
major companies that are currently working in the low power wide area network
(LPWAN) market are SigFox, On-Ramp (Ingenu) Inc., Bouygues Telecom, Behr
Technologies, Deutsche Telekom, Ericsson, Nwave Technologies, Semtech Corp.,
Renesas Electronics, Telefonica SA, Samsung, Sierra Wireless, ST
Microelectronics, Tata Communications, Texas Instruments, Etilasat, Hiber,
Pycom, Sat4M2M, ST Microelectronics, Kamstrup A/S, NXP Semiconductors,
Weightless SIG, MEC Telematik, Neul (Huawei) Ltd., LORIOT AG, Comcast, Engie
M2M, Ubiik, China Mobile, WAVIoT, Weightless SIG, Qualcomm Inc., Libelium
Comunicaciones Distribuidas S.L, AT&T Inc., Senet, Inc., Zifisense, Cisco
Systems, Link Labs, Vodafone Group Plc., Actility.
Based on the types, the LPWAN market is
segmented into LPWAN service revenue and LPWAN devices. LPWAN service revenue
includes LPWAN connections and LPWAN devices include ASP of the LPWAN module
and module shipments of LPWAN. Based on the network types, the market is
segmented into public networks and private networks. Based on the technologies
the market is segmented into LoRa Alliance, nWave, SigFox or UNB, Random Phase
Multiple Access (RPMA), weightless SIG, Qowisio and Ingenu (On-ramp).
Weightless SIG is defined as Weightless-P, Weightless-N and Weightless-W.Based
on the application, the market is categorized into smart streetlights, smart
buildings, smart waste management, smart parking, smart gas & water
metering, smart buildings, livestock monitoring and others. Based on end-users,
the market is segmented into consumer electronics, agriculture, transportation
& logistics, industrial manufacturing, utilities, and infrastructure.
The demand of LPWAN is primarily driven by
growing adoption of low power consumption, rising need of long range
connectivity between devices, increasing internet users & connected device,
cost savings, increasing number IoT/M2M applications and increase in the
development of smart cities & smart buildings. However, some of the restraint
such asincompatibility in handling heavy data traffic, lack of standards,
privacy & security concerns, absence of unified regulatory body, and
integration complexities are impacting the market significantly. Moreover some
of the new opportunities include OEMs, MNOs & non-MNO network providers,
small & medium enterprises (SME) and system integrators.
The Europe holdsthe leading share in the
market followed by Asia-Pacific and North America owing to growing
technological enhancements and propagation of smart connected devices in the
region. It is anticipated that the future of LPWAN market to be bright due to
increase in need of connectivity.
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