[June 23, 2017] |
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Global Low-power Wide Area Networks Market Growth at CAGR of 50.29%, 2017-2021 - Key Players are Ingenu, Semtech, Sigfox & Weightless SIG - Research and Markets
Research and Markets has announced the addition of the "Global
Low-power Wide Area Networks Market 2017-2021" report to their
offering.
The global low-power wide area networks market to grow at a CAGR of
50.29% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the
global low-power wide area networks market for 2017-2021. To calculate
the market size, the report considers the revenue generated from the
LPWAN connections, industries such as smart buildings, agriculture and
environment, consumer, utilities, logistics, smart cities, and
industrial, applications such as home automation, maintenance, office
security, smart metering/utilities, retail outlets, and others, and
LPWAN value-added services (such as data analytics and security) and
platform services. Average revenue per use (ARPU) of LPWAN connections
were also taken into consideration.
The latest trend gaining momentum in the market is growing need for
secure and compliant cloud solutions. Performing online operations in
fields, including medical, retail, and finance, which have strict
security standards require secure and compliant cloud solutions. As
LPWAN deployment for the IoT matures, the success of any business, which
has its presence in the world of connected device, depends on the
degree of digital trust consumers have in its business processes.
According to the report, one of the major drivers for this market is low
cost and power consumption of LPWAN technology. LPWAN technologies work
on M2M networking environments. LPWAN enables a wide range of M2M and
IoT applications, which have constrained budgets and power limitations.
The use of LPWAN technology reduces power requirements, provides longer
range, and lowers operational cost compared with a mobile network (2G,
3G, and 4G LTE (News - Alert)).
Further, the report states that one of the major factors hindering the
growth of this market is privacy and security issues. LPWAN facilitates
communication among supply chain players to promote easier management of
inventory. It offers retailers a complete and innovative method of
communication with clients, to enable effective shopping experience.
Key Vendors:
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Ingenu
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Semtech
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Sigfox
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Weightless SIG
Other Prominent Vendors:
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Actility
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AT&T
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Bouygues Telecom
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Huawei (News - Alert)
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Libelium Comunicaciones Distribuidas
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Link Labs
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Loriot
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NWave
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Qualcomm
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Senet
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Telefonica (News - Alert)
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Vodafone
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WAVIoT
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Five forces analysis
Part 07: Market segmentation by industry
Part 08: Market segmentation by application
Part 09: Geographical segmentation
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Key vendor analysis
Part 17: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tfqj96/global_lowpower
View source version on businesswire.com: http://www.businesswire.com/news/home/20170623005616/en/
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