Low Power Wan Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00125468
  • Format: Electronic (PDF)
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  • Number of Pages: 250
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Market Snapshot

CAGR:7
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 7
Information & Technology-companies
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Report Overview

The Low Power WAN Market is projected to grow at a CAGR of 49.12% between 2022 and 2032. The market size is forecast to increase by USD 5,273.84 million during this period. The growth of the Low Power WAN Market is driven by the increasing demand for long-range, low-power communication solutions for IoT devices, the rise in smart city initiatives, and advancements in wireless technologies.

Market Overview:

Drivers:

The Low Power WAN Market is experiencing growth due to the expanding adoption of Internet of Things (IoT) devices across various industries. Low Power WAN solutions offer energy-efficient and cost-effective connectivity for a wide range of IoT applications.

Moreover, the deployment of smart city projects and the need for efficient urban infrastructure are driving market demand. Low Power WAN technologies enable the establishment of IoT networks for monitoring and managing city services.

Trends:

The adoption of Narrowband IoT (NB-IoT) and Long Range (LoRa) technology is a prominent trend. NB-IoT provides cellular-based low-power connectivity, while LoRa offers long-range wireless communication with low energy consumption.

Furthermore, the use of cloud-based platforms and edge computing for IoT data management is influencing the market. Cloud and edge solutions enable efficient processing and analysis of IoT data for actionable insights.

Restraints:

Challenges related to network coverage and interoperability can restrain market growth. Low Power WAN technologies may face limitations in remote or rural areas, affecting the reach of IoT deployments.

Additionally, concerns about data security and privacy in IoT networks can impact adoption. Organizations must ensure that data transmitted over Low Power WAN networks is encrypted and protected from unauthorized access.

Low Power WAN Market Segmentation by Connectivity Technology:

The Narrowband IoT (NB-IoT) segment is expected to witness significant growth during the forecast period. NB-IoT provides cellular connectivity with low power consumption, making it suitable for a wide range of IoT applications.

Low Power WAN Market Segmentation by End Use:

The Smart Cities segment is anticipated to experience strong growth in the Low Power WAN Market. Smart city initiatives require efficient connectivity solutions for various applications, such as smart metering and environmental monitoring.

Regional Overview:


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North America is expected to lead the global Low Power WAN Market, driven by the region's early adoption of IoT technologies, the presence of technology innovation hubs, and the focus on smart city development.

Moreover, the Asia Pacific (APAC) region is projected to experience substantial growth as countries in the region invest in digital transformation and IoT infrastructure.

Low Power WAN Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries and sectors that extensively use Low Power WAN solutions. It outlines customer requirements, such as coverage area, battery life, and support for diverse IoT devices.

Major Low Power WAN Market Companies:

Companies in the Low Power WAN Market are adopting strategies such as partnerships, standardization efforts, and technology advancements to strengthen their market position.

Sample companies in the Low Power WAN Market include:

  • Qualcomm Technologies, Inc.
  • Vodafone Group Plc
  • Orange S.A.
  • Huawei Technologies Co., Ltd.
  • Actility S.A.
  • Senet, Inc.
  • SIGFOX S.A.
  • Link Labs, Inc.
  • Ingenu, Inc.
  • Telit Communications PLC

Segment Overview:

The Low Power WAN Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

  • Connectivity Technology Outlook (USD Million, 2019 - 2032)
    • Narrowband IoT (NB-IoT)
    • Long Range (LoRa)
    • Sigfox
    • Weightless
    • Others
  • End Use Outlook (USD Million, 2019 - 2032)
    • Smart Cities
    • Agriculture
    • Healthcare
    • Industrial IoT (IIoT)
    • Logistics & Transportation
    • Others
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • Japan
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • UAE
      • South Africa
      • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Low Power WAN MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Low Power WAN MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Low Power WAN Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. Low Power WAN MARKET BY type landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 LoRaWAN

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 NB-IoT

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 LTE-M

    5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Low Power WAN MARKET BY service INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Professional Service

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Managed Service

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Low Power WAN MARKET REGIONAL OUTLOOK

7.1. Low Power WAN Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Low Power WAN Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Low Power WAN Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Low Power WAN Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Low Power WAN Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Low Power WAN Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Sigfox SA

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Cisco Systems

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 AT&T Inc

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 Vodafone Group

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Ingenu

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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