Albany, NY, Aug. 02, 2016 (GLOBE NEWSWIRE) -- MarketResearchReports.biz has added a new research report to its repository of research documents on the telecommunications industry. The report, titled “Low Power Wide Area Internet of Things: Market Forecasts and MNO Approaches” offers a comprehensive overview of the global low power wide area Internet of Things market. The report studies the industry chain structure and analyzes the upstream and downstream components of the market. It studies the development trends in the market that would define the future growth. Information about the latest low power wide area Internet of Things technologies has been included in the report. The report further profiles some of the key players in the market.
Low power wide area (LPWA) IoT technologies in unlicensed spectrum are rising in terms of adoption and coverage. Standardized LPWA IoT technologies for usage in licensed spectrum are expected to become available later this year. LPWA IoT technologies are preferred over cellular, short range wireless, and other connectivity options as they offer a number of benefits such as low cost, low power, and broad coverage. Hence, the report projects the global LPWA IoT market to grow rapidly. During the period between 2015 and 2020, the LPWA machine-to-machine (M2M) connections are estimated to grow from 20 mn to over 860 mn while the cellular M2M connections are anticipated to grow from 310 mn to 715 mn.
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Among the key regions in the global LPWA IoT market, North America has been the leading region owing to the adoption of Random Phase Multiple Access (RPMA) devices across private networks. The presence of key players has also boosted the growth of the market in this region. While Western Europe is expected to emerge as the largest regional market in terms of LPWA connections by 2017, Asia Pacific is anticipated to hold over 46% of the overall market by 2020. The deployment of LPWA networks is projected to be slower in developing markets as the focus on M2M is limited. Latin America, Africa and the Middle East, and Central and Eastern Europe are expected to account for 14% of the total LPWA connections by 2020.
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Describing the competitive landscape, the report profiles some of the key players operating in the global LPWA IoT market such as RPMA, SIGFOX, and LoRa. The report provides detailed information about the top three contenders in the market including their business model, capability, level of adoption, degree of coverage, and industry support. Mobile network operators are focusing on a number of different approaches depending on market maturity, local market conditions, degree of focus on M2M, and degree of international exposure. A majority of operators are waiting for the commercialization and ratification of 3GPP standard LPWA technologies.
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