Low Power IoT is an ecosystem that consists of a microcontroller (MCU), wireless interface, sensor, and system power management. The low power IoT devices use low-bandwidth, consume less battery-powered at a lower cost with greater power efficiency than traditional networks. Low Power IoT network designed for sending small payloads such as information from sensors, alerts and status updates, etc. Low Power IoT is extensive use for a remote location to preserve battery life and to connect various devices at the same time.
This report contains market size and forecasts of Low Power IoT in Global, including the following market information:
Global Low Power IoT Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Low Power IoT market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
NB-IoT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Power IoT include Arkessa, Emnify, Ingenu, Sierra Wireless, Sigfox, Semtech, Cisco, AT＆T and Huawei, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Power IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Power IoT Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Low Power IoT Market Segment Percentages, by Type, 2021 (%)
NB-IoT
LoRa
LTE-M
Global Low Power IoT Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Low Power IoT Market Segment Percentages, by Application, 2021 (%)
Intelligent Agriculture
Digital Health
Intelligent Home Furnishing
Energy Management
Other
Global Low Power IoT Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Low Power IoT Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Power IoT revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Low Power IoT revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arkessa
Emnify
Ingenu
Sierra Wireless
Sigfox
Semtech
Cisco
AT＆T
Huawei
u-blox
Microchip Technology
Thingstream
Silicon Laboratories