A new study on the global LoRaWaN market has been published by AllTheResearch (ATR). It offers detailed information on key market dynamics, including drivers, trends, and challenges for the global LoRaWaN market as well as its structure. The study offers valuable information on the global LoRaWaN market to illustrate how the market is expected to expand during the forecast period i.e. 2020–2026.
Key indicators of market growth, which include value chain analysis and Compound Annual Growth Rate (CAGR) have been elucidated in the LoRaWaN market report in a comprehensive manner. This data can help readers interpret the quantitative growth aspects of the global LoRaWaN market.
In this report, the global LoRaWaN market is valued at USD 253 Mn in 2018 and is projected to reach USD 5557.2 Mn by the end of 2026, growing at a CAGR of 48.2% during the period 2018 to 2026.
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Based on Product type, LoRaWaN market can be segmented as: –
- By Deployment (Public Network, Private Network, Hybrid Network)
- By Hardware (End Point Sensors, Connectivity Modules, Networking Gateways)
Based on Application, LoRaWaN market can be segmented
- By Application (Asset Tracking, Smart Metering, Smart Parking, Smart Waste Management, Smart Building, Others)
- By End-User (Agriculture, Utilities, Consumer Electronics, Healthcare, Manufacturing, Others)
An extensive analysis of business strategies adopted by leading market players has also been featured in ATRs study on the global LoRaWaN market. This can help readers understand key factors responsible for growth of the global LoRaWaN market. In this study, readers can also find specific data on avenues for qualitative and quantitative growth of the global LoRaWaN market. This data would guide market players in making apt decisions in the near future
Some of the leading companies in the global LoRaWaN market
- Murata Manufacturing Co. Ltd.
- LINK LABS
- Microchip Technology Inc.
- Laird Connectivity
- Semtech Corporation
- SK TELECOM CO. Ltd.
- Orange S.A. Senet Inc.
- Comcast Corporation
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COVID-19 Impact on LoRaWaN Market:
The outbreak of COVID-19 has bought along a global recession, which has impacted several industries. Along with this impact COVID Pandemic has also generated few new business opportunities for LoRaWaN market. Overall competitive landscape and market dynamics of LoRaWaN has been disrupted due to this pandemic. All these disruptions and impacts has been analysed quantifiably in this report, which is backed by market trends, events and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2 and 3 players of LoRaWaN market.
Regional Overview & Analysis of LoRaWaN Market:
- North America (US and Canada)
- Europe (UK, Germany, France and Rest of Europe)
- Asia Pacific (China, Japan, India and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC and Rest of Middle East & Africa)
This report provides you access to important data such as:
- Market growth drivers
- Restraints of market growth
- Current & future market trends
- Market structure
- Market projections for the upcoming years
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Key highlights of LoRaWaN Market research report
- Overview of key market forces boosting and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition to offer you a competitive edge
- Major competitors strategies analysis
- SWOT analysis of major industry segments
- Detailed analyses of LoRaWaN market trends
- An appropriately defined technological growth map with Covid19 impact analysis
- A clear understanding of the competitive landscape and key product segments