One Quarter Billion Enterprise and Industrial LPWAN Devices by 2025
San Diego, California, June 22, 2016-- As demand for Internet of Things solutions continues to accelerate, Low Power Wide Area Network (LPWAN) technologies are disrupting existing wireless IoT technologies while enabling new applications and services, according to global technology research firm ON World.
“While many of the initial LPWAN products are focused on replacing cellular technologies, the largest opportunities are enterprise IoT solutions using unlicensed wireless technologies such as ZigBee, Thread, Bluetooth and WiFi,” says Mareca Hatler, ON World’s research director. “Therefore, LPWANs will disrupt existing technologies for some markets but the majority of LPWAN connections will be for unique solutions.”
Today, $10 LPWAN radios are capable of ten-mile ranges with 10-year battery lifetimes. However, the most disruptive aspect of LPWANs is that end node complexity is off loaded to the cloud, simplifying installation, maintenance, application development and integration.
ON World’s April 2016 survey with IoT developers found that 59% are researching, pilot testing or developing LPWAN solutions. Two in five are developing new LPWAN solutions that cannot be done with other wireless technologies and one third are targeting existing applications that use other wireless technologies.
By 2025, there will be over a quarter billion LPWAN devices installed worldwide for smart building, industrial, agriculture and logistics applications. The majority of these will be new applications that are not feasible with other technologies.
ON Word’s recently published reports, “Industrial LPWAN,” and “Enterprise LPWAN” are based on surveys and interviews with over 140 wireless/IoT market leaders and innovators. Each report includes analysis and market size forecasts for LPWANs by market, application, technology, geography and by new versus displaced solutions; a survey on wireless IoT adoption trends; findings from several network tests on LPWAN technologies; and profiles of 60+ companies.
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