The global enterprise LPWAN market is expected to grow at a significant CAGR during the forecast period (2024-2031). The Enterprise LPWAN is low power wide area network constructed in an enterprise to connect various IoT sensors with the LPWAN networks such as Sigfox, LTE M, LoRa, Hiber, NB-IoT, etc. The enterprise LPWAN is mainly associated with industries or organizations to access the network and assist clients in terms of business prospects and challenges. The increasing demand for robust connectivity and consistent data transmission, low power consumption, long-range connectivity to IoT devices, increasing smart parking and increasing consumer electronics are some market drivers predicted to witness lucrative growth in the global enterprise LPWAN market.
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The major applications of LPWAN in enterprises is to deliver large scale wireless connectivity and reduce capital and operational expenditure within a limited number of gateways. These results enable more efficient business enterprises and the growing demand for economic and long-range connectivity technology services in an organization will further be projected to accelerate the market growth.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- Cisco, Semtech Corporation, LORIOT, NWave technologies, WAVIoT, Actility.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Enterprise LPWAN Market Report Segment
By Product Type
o Cellular Based LPWAN Technologies
o Non-Cellular LPWAN Technologies
By Application
o Large Enterprise
o Small and Medium Enterprise
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