Title: Low Power Wide Area (LPWA) Network Market - Forecast(2022 - 2027)
1Low Power Wide Area (LPWA) Network MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The Global market for Low Power Wide Area Network
is forecast to reach 2.5 billion by 2026,
growing at a CAGR of 12.7 from 2021 to 2026. - The market growth is attributed to the factors
such as increased adoption of IoT, M2M systems,
increased need for long-range connectivity
between these systems, rising penetration of 5G
and other wireless technology and others. - Moreover, the exponential growth in smart city
infrastructure is expected to stimulate
development in the market
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- Key Takeaways
- Low Power Wide Area Network (LPWAN) is quickly
evolving as a game-changer in IOT applications,
particularly for NB-IOT assessing most of the
cellular network's limitations (e.g., high power,
coverage gaps). LPWAN has specific features that
render it especially appealing for the rising
number of implementations around numerous
industries, including infrastructure, logistics
and transport, agriculture and smart cities. - North America region dominated the global Low
Power Wide Area Network market in 2020 owing to
the presence of advanced technologies, large
number of manufacturers and the increasing
demands for better connectivity network.
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Low Power Wide Area Network Market Segment
Analysis - By Technology type NB-IoT technology
type segment is anticipated to hold the highest
growth rate at 15.1 during the forecast period
2021-2026. The increasing ecosystem of the IoT
network will create demand for networks that can
provide access to IoT devices that need low
latency and low data transmission speeds, such as
smart water metres. NB-IoT technology increases
the power efficiency of these instruments and
satisfies the challenging specifications for
coverage.
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- Low Power Wide Area (LPWA) Network Market
Industry Outlook - Link Labs
- Ingenu
- LORIOT
- Nwave
- Orange
- Qualcomm
- Semtech
- Senet
- Sigfox
- Vodafone
- Verizon
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Low Power Wide Area (LPWA) Network Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/151
07/low-power-wide-area-lpwa-network-market.html
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- Data Tables
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