Technology & Media
Low Power Wide Area Network
Low Power Wide Area Network
Low Power Wide Area Network
Global Low Power Wide Area Network Market to Reach $736.5 Billion by 2030
The global market for Low Power Wide Area Network estimated at US$29.8 Billion in the year 2022, is projected to reach a revised size of US$736.5 Billion by 2030, growing at a CAGR of 49.3% over the period 2022-2030. Platform, one of the segments analyzed in the report, is projected to record 46.9% CAGR and reach US$424.9 Billion by the end of the analysis period. Growth in the Services segment is estimated at 53.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 59.8% CAGR
The Low Power Wide Area Network market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$161.3 Billion by the year 2030 trailing a CAGR of 59.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 41.4% and 48.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 42.6% CAGR.Select Competitors (Total 60 Featured) - Huawei Technologies Co., Ltd.AT&T, Inc.Avnet, Inc.Ingenu, Inc.ActilityARISTOTLE DesignEasyLinkineleven-xIoT-Shops.comIoTize SASCitilityEden Worth Pty Ltdffly4uIoT VentureDanaltoPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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