Frost Radar – What Best Practices Drive Massive Growth in IoT and Non-Licensed LPWAN?
A benchmarking system to spark companies to action—innovation that fuels new deal flow and growth pipelines
Overview
Frost & Sullivan defines non-licensed low-power wide-area network (LPWAN) connection as active devices connected to a wireless communication network designed for low-bandwidth, long-range data transmission over an unlicensed spectrum. This type of technology connects IoT devices with low power consumption and low data rates and covers large areas.
Frost & Sullivan expects the number of non-licensed LPWAN connections is expected to grow by 22.7% year over year in 2024. Customers increasingly rely on LPWAN technology to fulfill the requirements for massive IoT applications, including low energy consumption, small data volumes, low-cost devices, and extreme coverage. Key applications encompass smart metering, asset tracking, fleet management, agriculture, and smart cities.
How can you capitalize on the increasing demand for low-bandwidth, long-range data transmission to accelerate growth in the IoT space?
How can your team stay ahead of megatrends such as digitalization and IoT adoption to maintain a competitive edge in the LPWAN space?
What best practices can you implement to maximize the impact of non-licensed LPWAN in industries like smart metering and asset tracking?
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