On the basis of application, smart building segment dominated the low power wide area network market share in 2022, and is expected to maintain its dominance in the upcoming years, owing to increase in the trend of data analytics and automation in several industries is proliferating the demand for low power WAN in smart buildings.Smart …
Tag Archives: Low Power Wide Area Network Market Trends
Low Power Wide Area Network Market Size Surges with Growing Smart City Initiatives | Predicted to Cross USD 582 Billion by 2032
In 2022, the Low Power Wide Area Network Market was valued at $8.2 billion. By 2032, it is anticipated to reach $582 billion, rising at a CAGR of 53.4%. A special sort of network that permits low bit-rate, long-distance communication is known as a low-power wide-area network (LPWAN). It is a wireless technique that transmits …