Global Low Power Wide Area Network Market: Key Highlights
Global Low Power Wide Area Network Market: Key Market Dynamics
Global Low Power Wide Area Network Market: Regional Overview
Asia-Pacific is one of the largest adopter of LPWAN technologies which is significant for the growth of the market in the forecast period. China is implementing the Broadband China strategy and also facilitating faster and the affordable Internet connection services for the users. According to the Corporate Affairs Commission, in 2017, the bandwidth of China network has been exceeded 100 Tbps. As well as the Internet export had reached by 7974,779 Gbps.
Hence, the growing adoption and demand of the technologies in the market are projected to increase the growth of the market in the Asia-Pacific region.
European Union Agency for Network and Information Security (ENISA) is enhancing the existing skill professional in European Union (EU) by supporting the development of cross border communities committed to support the network and information security throughout the European Union (EU). Moreover, in 2015 the European Commission launched the Alliance for Internet of Things Innovation (AIOTI) which became the largest European IoT Association to date, and is emphasizing the European Commission’s ambition for working closely with IoT stakeholder on the establishment of a competitive IoT market and for the new businesses.
Therefore, with the leading and growing demand for the networks and technologies in the region lead demand for the market is expected in the region.
Global Microwave Devices Market: Key Players Overview
Loriot AG is a global IoT company which provides a long range of IoT solution deployment worldwide. The company provides the LoRaWAN infrastructure and solution for software platform which enable the users to build, operate and scale a secure IoT network. Moreover, the LoRaWAN solution of the firm is one of the most powerful, secure and complete solution in the market. Furthermore, in 2019 the company deployed three regional public servers to spread a large LoRaWAN public infrastructure globally. Also, the new servers may support three main regions such as Asia-Pacific, Europe and North America and is dedicated exclusively to users a 99.9% Service level agreement (SLA).
Semtech Corporation is one of the major supplier of high performance analog and mixed signal semiconductors. The company helps to drive algorithms for the high end consumer, industrial equipment and mixed signal semiconductors. The company LoRa transceivers advance a long range of wireless modem which provide ultra-long range spread spectrum communication. The LoRa technology deliver important features in blocking as well as in selectivity over the conventional modulation techniques. Moreover, the LoRa RF platform complements M2M cellular infrastructure by providing a low cost solution to connecting battery operated devices to the network infrastructure.
In 2020, the company announced that NetOP, manufacturer and developer of low power wide area network which is based on Internet of Things (IoT) applications, developed a new smart energy consumption monitoring solution which will be based on Semtech LoRa devices and the LoRaWAN protocol. Also, in 2017 the company won an award for LoRa devices and Wireless RF Technology that is used by eleven-x which is a software developer for wireless telecommunication.
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