LPWA Networks Sector to Reach USD 27 Bn in Service Revenue by 2020, States Signals & Systems Telecom in Its Report Available at MarketPublishers.com13 Dec 2016 • by Natalie Aster
LONDON – Until quite recently, the majority of M2M and IoT services have been largely reliant on licensed cellular transmission, landline and satellite-based networks for their wide-area connectivity requirements. Mobile cellular networks, specifically, have been much sought after in the area. However, for many IoT applications with low-bandwidth connectivity, conventional cellular networks are considered to be too over-priced owing to excessive power usage and complex protocols that reduce battery life. Hence, a range of low power wide area (LPWA) alternatives have entered the market, which are specifically aimed at addressing these issues.
LPWA networks are optimised to offer wide area coverage with minimal energy consumption. Commonly operating in unlicensed frequency bands, LPWA devices have long battery lives, low data rates, and can function unattended for extended periods of time.
LPWA networks have already found application across such IoT services as smart metering, parking management; and they will also likely make a big contribution to the IoT and M2M universe. LPWA network enabled services are projected to reach USD 27 billion in revenue by 2020.
Comprehensive research report “The LPWA (Low Power Wide Area) Networks Ecosystem” created by Signals and Systems Telecom presents an in-depth, trustworthy assessment of the LPWA networks ecosystem comprising LPWA technologies, major trends, market challenges, drivers, vertical industry applications, case studies on product deployments, regulatory scene, standardisation, opportunities, future development, value chain, market player profiles and top strategies. The report also offers market size forecasts through to 2030, which are segmented for 9 vertical sectors and 6 regions.
More insightful reports by the publisher are available at Signals and Systems Telecom page.