The growing trend of IoT and Machine to Machine (M2M) communication is fuelling the global IoT LPWANs market demand. Internet of Things Low Power Wide Area Networks (IoT LPWANs) is a technology that connects low-bandwidth and low-power devices with a low bit rate over long ranges. IoT LPWANs have major applications in M2M communication. The major advantages of using IoT LPWANs are that they operate at low cost and have greater power efficiency as compared to traditional mobile networks.
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing Demand of IoT LPWANs. The new IoT LPWANs market analysis report outlines the key factors that will impact sales, production and supply during the assessment 2021-203. The report highlights the IoT LPWANs market key trends that are expected to influence the overall dynamics, and IoT LPWANs market size and share.
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IoT LPWANs Market: Segmentation
Segmentation based on the application:
The IoT LPWANs market is segmented based on application into industrial automation, home automation, smart agriculture, smart city, asset tracking, m2m, and others.
Segmentation based on the industry:
The IoT LPWANs market is segmented based on the industry into manufacturing, energy, automotive, agriculture, and others.
Segmentation based on the technology:
The IoT LPWANs market is segmented based on the technology into Sigfox & Weightless, LoRa WAN, and Others.
Key questions answered in IoT LPWANs Market Survey Report:
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Key Players
Some of the key players in the IoT LPWANs market are Semtech Corporation; Guangdong Dapu Communication Technology Co., Ltd.; HOPE Microelectronics CO., Ltd.; Embit s.r.l.; IMST GmbH; LINK LABS; Libelium Comunicaciones Distribuidas S.L.; Laird Technologies; Multi-Tech Systems, Inc.; Murata Manufacturing Co.; Microchip Technology Inc.; Nemeus; NiceRF Wireless Technology Co., Ltd.; MANTHINK Corporation; GlobalSat WorldCom Corporation; and others.
Essential Takeaways from the Market Report
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Regional Overview
The IoT LPWANs market is segmented into North America, Latin America, Europe, CIS & Russia, Japan, APEJ, and Middle East & Africa. At present, North America and Europe hold the largest market share in the IoT LPWANs market due to the high adoption of M2M communication in various industries.
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