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Global LPWAN Market to Cross $80 Bn by 2027, Global Market Insights, Inc.

Global LPWAN Market to Cross $80 Bn by 2027, Global Market Insights, Inc.
SELBYVILLE, Del., Feb. 24, 2021 /PRNewswire/ --Â Global Market Insights, Inc. has recently added a new report on the low power wide area network (LPWAN) market, which estimates the market valuationÂ for LPWAN will cross US $80 billion by 2027. The growing popularity of dedicated M2M communication networks, such as NB-IoT and LTE-M, is expected to contribute significantly to the market growth.
The growing demand for robust connectivity and consistent data transmission in a business or industrial environment is expected to support the LPWAN market demand. The LPWAN technology helps enterprises to provide large-scale wireless connectivity through a limited number of gateways. It significantly minimizes the capital and operational expenditures, enabling business efficiencies. LPWAN technologies provide long-range connectivity to IoT devices and reduce their power consumption. The growing demand for low-cost and long-range connectivity technology solutions & services is further anticipated to fuel the market revenue.

Delaware , United-states , Selbyville , America , Asia-pacific , Arun-hegde , Huawei-technologies-co-ltd , Alliance-protocoluse , Rate-wireless-networks , Qualcomm-technologies-inc , Cisco-systems-inc , Power-wide-area-network

Global LPWAN Market to Cross $80 Bn by 2027, Global Market Insights, Inc.

Global LPWAN Market to Cross $80 Bn by 2027, Global Market Insights, Inc.
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Delaware , United-states , Selbyville , America , Asia-pacific , Arun-hegde , Huawei-technologies-co-ltd , Alliance-protocoluse , Rate-wireless-networks , Qualcomm-technologies-inc , Cisco-systems-inc , Power-wide-area-network