세계의 LoRa 및 LoRaWAN IoT 시장 : 컴포넌트, 네트워크 유형, 배포 모델, 용도, 최종 사용자별 예측(2025-2030년)

The LoRa & LoRaWAN IoT Market was valued at USD 5.73 billion in 2023, expected to reach USD 7.22 billion in 2024, and is projected to grow at a CAGR of 26.98%, to USD 30.55 billion by 2030.

LoRa (Long Range) and LoRaWAN (Long Range Wide Area Network) represent a significant segment of the IoT market, focusing on long-range communication capabilities with low power consumption. They are essential for applications needing extensive coverage, such as agriculture, smart cities, and industrial IoT, allowing numerous devices to communicate efficiently over substantial distances. This technology is crucial for sectors where connectivity without dependence on existing networks is vital. The growing demand for efficient and scalable connectivity solutions boosts the market, alongside increasing IoT adoption for smart utilities and precision agriculture. Opportunities arise from the integration of artificial intelligence and machine learning to enhance decision-making capabilities and predictive maintenance. The trend towards interconnected systems and data analytics integration also opens vast potential for LoRa and LoRaWAN applications, particularly in developing countries where infrastructure development is accelerating. However, the market faces challenges like interoperability issues with existing systems, security concerns, and spectrum regulations. There is also the need for more standardized frameworks, which can stunt potential applications and technological synergy. To navigate these challenges, businesses should focus on technological innovations like improved security protocols, scalable and flexible network solutions, and enhanced data analytics capabilities. Collaboration with technology companies for system integration will also be pivotal. Research and development aimed at resolving spectrum allocation issues and enhancing battery life for devices can provide significant leverage. The market is anticipated to exhibit robust growth due to the intrinsic necessity of IoT solutions, emphasized by substantial investments in digital infrastructure and smart solutions worldwide. It is a dynamic environment driven by technological advancements and demands for increased connectivity, where market participants must be agile and adaptive to capture burgeoning opportunities.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving LoRa & LoRaWAN IoT Market

The LoRa & LoRaWAN IoT Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rising demand for low-power and long-range wide-area network connectivities
  • Increasing adoption of IoT solutions across various industries
  • Government initiatives and policies supporting smart infrastructure
• Market Restraints
  • High initial investment for deployment of LoRa and LoRaWAN IoT solutions
• Market Opportunities
  • Introduction of advanced asset tracking systems in logistics and supply chain management
  • Expanding environmental monitoring capabilities through integrated LoRa sensors for natural resource conservation
• Market Challenges
  • Privacy and security concerns with LoRa and LoRaWAN IoT platforms

Porter's Five Forces: A Strategic Tool for Navigating the LoRa & LoRaWAN IoT Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the LoRa & LoRaWAN IoT Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the LoRa & LoRaWAN IoT Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the LoRa & LoRaWAN IoT Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the LoRa & LoRaWAN IoT Market

A detailed market share analysis in the LoRa & LoRaWAN IoT Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the LoRa & LoRaWAN IoT Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the LoRa & LoRaWAN IoT Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the LoRa & LoRaWAN IoT Market

A strategic analysis of the LoRa & LoRaWAN IoT Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the LoRa & LoRaWAN IoT Market, highlighting leading vendors and their innovative profiles. These include Actility SA, Advantech Co., Ltd., Amazon Web Services, Inc., Bosch.IO GmbH by Robert Bosch GmbH, Cisco Systems, Inc., Comcast Corporation, Datacake GmbH, Digi International Inc., Dipro Technologies S.L. by Shikumi Wakata S.L., Everynet BV, Exosite LLC, Ezurio, kerlink SA, LORIOT AG, Microchip Technology Inc., Milesight, Multi-Tech Systems, Inc., Murata Manufacturing Co., Ltd., NEC Corporation, Orange SA, OrbiWise SA, Semtech Corporation, Senet, Inc., Sensoterra International B.V., and Swisscom AG.

Market Segmentation & Coverage

This research report categorizes the LoRa & LoRaWAN IoT Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Networking Gateways, Sensors, and System on Chip. The Services is further studied across Managed Services and Professional Services.
• Based on Network Type, market is studied across Hybrid Network, Private Network, and Public Network.
• Based on Deployment Models, market is studied across On-Cloud and On-Premise.
• Based on Application, market is studied across Asset Tracking, Industrial IoT, Smart Agriculture & Livestock Management, Smart Buildings, Smart Cities, and Smart Healthcare.
• Based on End-User, market is studied across Automotive, Chemical, Food & Beverages, Healthcare, IT & Telecommunication, Mining, Oil & Gas, and Power & Utilities.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising demand for low-power and long-range wide-area network connectivities
    • 5.1.1.2. Increasing adoption of IoT solutions across various industries
    • 5.1.1.3. Government initiatives and policies supporting smart infrastructure
  • 5.1.2. Restraints
    • 5.1.2.1. High initial investment for deployment of LoRa and LoRaWAN IoT solutions
  • 5.1.3. Opportunities
    • 5.1.3.1. Introduction of advanced asset tracking systems in logistics and supply chain management
    • 5.1.3.2. Expanding environmental monitoring capabilities through integrated LoRa sensors for natural resource conservation
  • 5.1.4. Challenges
    • 5.1.4.1. Privacy and security concerns with LoRa and LoRaWAN IoT platforms
• 5.2. Market Segmentation Analysis
  • 5.2.1. Component: Rising preference for hardware components in LoRa & LoRaWAN IoT for seamless communication over long-distance
  • 5.2.2. End-User: Emerging potential of LoRa and LoRaWAN IoT in IT & elecommunication sector
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. LoRa & LoRaWAN IoT Market, by Component

• 6.1. Introduction
• 6.2. Hardware
  • 6.2.1. Networking Gateways
  • 6.2.2. Sensors
  • 6.2.3. System on Chip
• 6.3. Services
  • 6.3.1. Managed Services
  • 6.3.2. Professional Services
• 6.4. Software

7. LoRa & LoRaWAN IoT Market, by Network Type

• 7.1. Introduction
• 7.2. Hybrid Network
• 7.3. Private Network
• 7.4. Public Network

8. LoRa & LoRaWAN IoT Market, by Deployment Models

• 8.1. Introduction
• 8.2. On-Cloud
• 8.3. On-Premise

9. LoRa & LoRaWAN IoT Market, by Application

• 9.1. Introduction
• 9.2. Asset Tracking
• 9.3. Industrial IoT
• 9.4. Smart Agriculture & Livestock Management
• 9.5. Smart Buildings
• 9.6. Smart Cities
• 9.7. Smart Healthcare

10. LoRa & LoRaWAN IoT Market, by End-User

• 10.1. Introduction
• 10.2. Automotive
• 10.3. Chemical
• 10.4. Food & Beverages
• 10.5. Healthcare
• 10.6. IT & Telecommunication
• 10.7. Mining
• 10.8. Oil & Gas
• 10.9. Power & Utilities

11. Americas LoRa & LoRaWAN IoT Market

• 11.1. Introduction
• 11.2. Argentina
• 11.3. Brazil
• 11.4. Canada
• 11.5. Mexico
• 11.6. United States

12. Asia-Pacific LoRa & LoRaWAN IoT Market

• 12.1. Introduction
• 12.2. Australia
• 12.3. China
• 12.4. India
• 12.5. Indonesia
• 12.6. Japan
• 12.7. Malaysia
• 12.8. Philippines
• 12.9. Singapore
• 12.10. South Korea
• 12.11. Taiwan
• 12.12. Thailand
• 12.13. Vietnam

13. Europe, Middle East & Africa LoRa & LoRaWAN IoT Market

• 13.1. Introduction
• 13.2. Denmark
• 13.3. Egypt
• 13.4. Finland
• 13.5. France
• 13.6. Germany
• 13.7. Israel
• 13.8. Italy
• 13.9. Netherlands
• 13.10. Nigeria
• 13.11. Norway
• 13.12. Poland
• 13.13. Qatar
• 13.14. Russia
• 13.15. Saudi Arabia
• 13.16. South Africa
• 13.17. Spain
• 13.18. Sweden
• 13.19. Switzerland
• 13.20. Turkey
• 13.21. United Arab Emirates
• 13.22. United Kingdom

14. Competitive Landscape

• 14.1. Market Share Analysis, 2023
• 14.2. FPNV Positioning Matrix, 2023
• 14.3. Competitive Scenario Analysis
  • 14.3.1. Semtech launched the LoRaWAN hub kit to transform SMB and smart home networks
  • 14.3.2. Sonicu and TrueSpot advance hospital operations with integrated LoRaWAN solutions for cost-effective monitoring and asset management
  • 14.3.3. EchoStar Mobile, Actility, and Swisscom Partner to Enhance LoRaWAN IoT Coverage in Switzerland, Drive IoT Adoption Across Key Sectors
  • 14.3.4. Netmore Group Acquires Senet Inc. to Expand North American Market Presence and Bolster IoT Capabilities
  • 14.3.5. Netmore Group Partners with Eidsiva to Expand LoRaWAN IoT Services across Europe
• 14.4. Strategy Analysis & Recommendation
  • 14.4.1. Amazon Web Services, Inc.

Companies Mentioned

• 1. Actility SA
• 2. Advantech Co., Ltd.
• 3. Amazon Web Services, Inc.
• 4. Bosch.IO GmbH by Robert Bosch GmbH
• 5. Cisco Systems, Inc.
• 6. Comcast Corporation
• 7. Datacake GmbH
• 8. Digi International Inc.
• 9. Dipro Technologies S.L. by Shikumi Wakata S.L.
• 10. Everynet BV
• 11. Exosite LLC
• 12. Ezurio
• 13. kerlink SA
• 14. LORIOT AG
• 15. Microchip Technology Inc.
• 16. Milesight
• 17. Multi-Tech Systems, Inc.
• 18. Murata Manufacturing Co., Ltd.
• 19. NEC Corporation
• 20. Orange SA
• 21. OrbiWise SA
• 22. Semtech Corporation
• 23. Senet, Inc.
• 24. Sensoterra International B.V.
• 25. Swisscom AG