Low power wide area network (LPWAN) is the type of wireless telecommunications allow a wide range of communications through a wide area network. Global low power wide area network (LPWAN) market size was valued at $1.91 billion in 2017 and is estimated to reach $317.61 billion by 2025 with the CAGR of 89.42% during 2019-2025. LPWAN market growth is enhancing with some major drivers such as emerging need of long connectivity of devices, the high adoption rate of IOT/M2m applications, low amount of power consumption and the cost of LPWAN is low. On the other hand, the market growth is effecting from some restraints like backward of governance involvement, privacy issue, data security, high data traffic and lack in standards of universal LPWAN. To expand the LPWAN market existing smart cities, smart technical projects and adoption of intelligent devices are few opportunities required.
Research Study Objectives:
Top-down and bottom-up approaches are used to validate the low power wide area network (LPWAN) market size and are used to estimate the size of other dependent submarkets. Key players in the market
Starting from $2700
Starting from $2700
Starting from $2700
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