LPWA - low
power wide area, is a term used to describe a group of technologies that
possess affordable chipsets and networks, extended battery life (often longer
than ten years), restricted data communications throughput capacity, and wide
area connectivity features. LPWA technologies are complementary to existing
short range and cellular network technologies, but are associated with lower costs
and better power consumption.
Most
Internet of Things (IoT) and machine-to-machine (M2M) services are dependent on
licensed satellite, cellular and wireline networks for wide area connectivity.
Cellular networks, in particular, have dominated this space in the recent past.
However, cellular networks consume a lot of power. Moreover, they are riddled
with complex protocols that lower battery life.
For
more information kindly visit: http://www.radiantinsights.com/research/the-lpwa-low-power-wide-area-networks-ecosystem-2015-2030
This
renders them expensive for many low bandwidth IoT applications. LPWA, on the
other hand, typically rely on unlicensed frequencies and have low data rates.
Research indicates that the cost-per-module of LPWA could lower from USD 5-20
to USD 1-2 in volume quantities.
Although
non-existent in early 2013, LPWA is presently one of the fastest-growing components
of IoT. This exponential growth is a result of the wide application scope
facilitated by an evolving technological space.
LPWA is
already prevalent in applications like smart metering, parking management and
lighting control. It is anticipated to contribute significantly to the IoT and
M2M ecosystem in forthcoming years. Revenues in the global LPWA networks
ecosystem market are expected to exceed USD 26 billion by 2020. Chief regional
markets include North America, Asia Pacific, Middle East & Africa, Eastern
Europe, Western Europe, and Latin & Central America.
LPWA will
enable connection of power-consuming assets to an electricity grid, thereby
saving resources. It could be used to connect consumer devices, especially in
domains like assisted living and home automation. It may equip a variety of
smart city applications to improve efficiencies in everyday functioning. Its
adoption in supply chain management would increase operational efficiencies and
customer satisfaction, and create pathways for new business models.
Lack of a
universally-adopted standard for LPWA may restrict market growth. However, it
is expected that a significant level of standardization will be achieved in the
years to come. Initiatives are underway to introduce regulations that will
dedicate spectrum bands exclusively for LPWA networks. LPWA is a priority for
the mobile industry. Mobile companies are investing in their own LPWA networks
so as to support low bandwidth IoT applications.
Historical
Revenue & Forecast Segmentation
Connection
and service revenue forecasts are provided for the following submarkets:
Vertical
Markets
- Agriculture
- Asset Management & Logistics
- Automotive & Transportation
- Consumer Applications & Home Automation
- Energy & Utilities
- Healthcare
- Intelligent Buildings & Infrastructure
- Public Safety, Security & Surveillance
- Retail & Vending
- Others
Regional
Markets
- Asia Pacific
- Eastern Europe
- Middle East & Africa
- Latin & Central America
- North America
- Western Europe
About Us
Radiant Insights is a platform for companies looking to meet their
market research and business intelligence requirements. We assist and
facilitate organizations and individuals procure market research reports,
helping them in the decision making process. We have a comprehensive collection
of reports, covering over 40 key industries and a host of micro markets. In
addition to over extensive database of reports, our experienced research
coordinators also offer a host of ancillary services such as, research
partnerships/ tie-ups and customized research solutions.
For more information visit: Radiant
Insights
Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Blog
URL: http://sagarkadam.kinja.com/
No comments:
Post a Comment