Global LWAN Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global LWAN Market is segmented by Network Type (LTE-M, NB-IoT, Sigfox, and LoRa) by End User (Utilities, Smart City, Consumer/Smart Homes, Industrial and Transportation, and Logistics), and Geography.

Global LWAN Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

LWAN Market Size

LWAN Market Overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 8.35 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Global LWAN Market Major Players

*Disclaimer: Major Players sorted in no particular order

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LWAN Market Analysis

The Global LWAN Market is expected to register a CAGR of 8.35% during the forecast period.

  • Low-Power Wide-Area Networks (LPWANs) are becoming one of the main building blocks for the Industrial IoT (IIoT) ecosystem, with most of the industries adopting Industry 4.0 practices and an alternative to 2G/3G/4G cellular networks where long-range communication at light speed is needed by battery-powered sensors spread around the factory. Among the most promising approaches, SIGFOX is an ultra-narrow band technology that allows similar signal coverage to cellular networks at one-thousandth of its power requirements.
  • With the environmental changes, businesses are investing highly in smart city development, which is expected to play an important role in IoT adoption. Global Smart Cities Primer Picks, Bank of America Merrill Lynch (BAML) anticipates smart city technology and management investment to reach more than USD 3.48 trillion by 2026 globally.
  • Increasing roll-outs in many parts of the world are driving the growth of the LPWAN industry. For instance, on March 15, 2022, The LoRa Alliance, the global association of companies backing the open LoRaWAN standard for the internet of things (IoT) low-power wide-area networks (LPWANs), announced significant market traction across France and Spain. LoRaWAN is already one of the preferred global choices for LPWAN, with more than 225 million LoRa/LoRaWAN end nodes.
  • For the last two years, the COVID-19 pandemic has continued to impact many industries of the world as the infection spreads through person-to-person contact. Transmission and prognosis, once infected, are potentially influenced by many factors. Particulate Matter (PM) is a complex mixture of solid and/or liquid particles suspended in the air that can vary in shape, size, and composition, and recent scientific work correlate this index with a considerable risk of COVID-19 infections.
  • The Internet of Things (IoT) and Early Warning Systems (EWS) have given rise to the development of Low Power Wide Area Networks (LPWAN) based on sensors, which monitor In-door Air pollution Quality (IAQ) and measure PM levels in real-time. The COVID-19 pandemic had led to the implementation of lockdown regulations across several nations resulting in disruptions in export and import activities of Enterprise LPWAN.
  • Few of the challenges to this technology that may hamper the overall adoption and market include the cost of changing legacy equipment, future coverage and scalability, technology co-existence, and real-time communication. In addition, the network's security, not as robust as sending data back to endpoints, can also be prone to interference.

LWAN Industry Overview

The LWAN market is moderately fragmented. With the increase in the IoT ecosystem, various technologies are also evolving, such as LPWAN, which drives the players to invest in the market. Moreover, the players are entering the market gradually with technological upgradation. Some of the key players include MachineQ(Comcast), Sigfox SA, AT&T Inc., ActilityS.A., Semtech Corporation, Deutsche Telekom, and Ingenu Inc., among others.

  • May 2022 - Semtech collabrated with CITiLIGHT, provider of smart lighting solutions for smart cities, for its Velocity LMS lighting management system. VELOCITi LMS features the LoRaWAN standard and Semtech's LoRa devices to communicate large packets of data over a long range.
  • May 2022 - Syniverse, a communications technology provider to enterprises and carriers, and Twilio the customer engagement platform that drives real-time, personalized experiences, announced that the companies have closed on their previously announced strategic partnership. Twilio invested USD 750 million for common equity in Syniverse.

LWAN Market Leaders

  1. Sigfox

  2. Semtech Corporation

  3. Ingenu In.

  4. AT&T

  5. ActilityS.A

  6. *Disclaimer: Major Players sorted in no particular order
 MachineQ(Comcast), Sigfox SA, AT&T Inc., ActilityS.A., Semtech Corporation, Deutsche Telekom, and Ingenu Inc
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LWAN Market News

  • May 2022 - Semtech Corp. expanded its capabilities by adding multi-band capabilities to its LoRa Edge device-to-cloud geolocation platform. The LoRa Edge LR1120 allows for direct satellite-connected internet of things (IoT) applications in logistics and supply chain management with seamless low-power geolocation on a global scale.
  • December 2021 - 0G and Sigfox, IoT (Internet of Things) communication service provider and network pioneer, announced its partnership with Skyhook, an independent provider of cellular, Wi-Fi, and hybrid positioning. The collaboration is set to improve the performance and quality of existing tracking services on the Sigfox network globally, an accessible cost.

LWAN Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. LWAN MARKET INSIGHT

  • 4.1 Market Overview
  • 4.2 Industry Stakeholder Analysis (Modules and other hardware vendors, platform vendors, network provider, integrators, end-users etc.)
  • 4.3 Industry Attractiveness -Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Assessment of Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Network Rollouts
    • 5.1.2 Digital Transformation and Industry 4.0 Practices
  • 5.2 Market Challenges
    • 5.2.1 Legacy Equipment Across Industries is a Major Barrier to Adopting IoT

6. MARKET SEGMENTATION

  • 6.1 By Network Type
    • 6.1.1 LTE-M
    • 6.1.2 NB-IoT
    • 6.1.3 Sigfox
    • 6.1.4 LoRa
    • 6.1.5 Other Technologies
  • 6.2 End-User
    • 6.2.1 Utilities
    • 6.2.2 Smart City
    • 6.2.3 Consumer/Smart Homes
    • 6.2.4 Industrial
    • 6.2.5 Transportation and Logistics
    • 6.2.6 Other End-users
  • 6.3 By Region
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia-Pacific
    • 6.3.4 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Ingenu Inc.
    • 7.1.2 SemtechCorporation
    • 7.1.3 Sigfox
    • 7.1.4 ActilityS.A
    • 7.1.5 MachineQ(Comcast)
    • 7.1.6 TWILIO INC.
    • 7.1.7 Accent Systems
    • 7.1.8 Deutsche Telekom
    • 7.1.9 AT&T
    • 7.1.10 AerisCommunications
    • 7.1.11 TE Connectivity
    • 7.1.12 Qualcomm
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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LWAN Industry Segmentation

Low-power wide-area networks(LPWAN) Or low-PowerWide-Area(LPWA) networks are wireless communication technologies designed for low data-rate, power-efficient communication over long distances at a low cost. The Global LWAN Market is segmented by Network Type (LTE-M, NB-IoT, Sigfox, and LoRa) End User (Utilities, Smart City, Consumer/Smart Homes, Industrial and Transportation, and Logistics), and Geography.

By Network Type LTE-M
NB-IoT
Sigfox
LoRa
Other Technologies
End-User Utilities
Smart City
Consumer/Smart Homes
Industrial
Transportation and Logistics
Other End-users
By Region North America
Europe
Asia-Pacific
Rest of the World
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LWAN Market Research FAQs

What is the current Global LWAN Market size?

The Global LWAN Market is projected to register a CAGR of 8.35% during the forecast period (2025-2030)

Who are the key players in Global LWAN Market?

Sigfox, Semtech Corporation, Ingenu In., AT&T and ActilityS.A are the major companies operating in the Global LWAN Market.

Which is the fastest growing region in Global LWAN Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global LWAN Market?

In 2025, the North America accounts for the largest market share in Global LWAN Market.

What years does this Global LWAN Market cover?

The report covers the Global LWAN Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global LWAN Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Global LWAN Industry Report

Statistics for the 2025 Global LWAN market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global LWAN analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.