LPWA networks a $27 billion opportunity, says SNS Research report
DUBAI, UAE. 12th November 2015: SNS Research's latest report indicates that LPWA networks are expected to generate nearly $27 Billion in service revenue by 2020.
Until recently, most M2M and IoT services have largely relied on licensed cellular, wireline and satellite networks for their wide area connectivity requirements. Cellular networks, in particular, have enjoyed significant success in the arena. However, for many low bandwidth IoT applications, traditional cellular networks are deemed too expensive due excessive power consumption and complex protocols that lower battery life. As a result, a number of LPWA (Low Power Wide Area) alternatives have emerged that specifically seek to address these concerns.
LPWA networks are optimized to provide wide area coverage with minimal power consumption. Typically reliant on unlicensed frequencies, LPWA devices have low data rates, long battery lives and can operate unattended for long periods of time.
Already prevalent in IoT applications such as smart metering, lighting control and parking management, LPWA networks are expected to make a significant contribution to the M2M and IoT ecosystem, with an estimated $27 Billion in service revenue by 2020.
The “LPWA (Low Power Wide Area) Networks Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the LPWA networks ecosystem including LPWA technologies, key trends, market drivers, challenges, vertical market applications, deployment case studies, regulatory landscape, standardization, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts from 2015 till 2030. The forecasts are segmented for 9 vertical markets and 6 regions.
The report will be of value to current and future potential investors into the LPWA networks ecosystem, as well as enabling technology providers, mobile operators, MVNOs, aggregators, IoT platform providers, system integrators and vertical market specialists who wish to broaden their knowledge of the ecosystem.
For further information concerning the SNS Research report "The LPWA (Low Power Wide Area) Networks Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" please visit: http://www.snstelecom.com/lpwa
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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.