Global LOW POWER WIDE AREA NETWORK Market 2016 Global LOW POWER WIDE AREA NETWORK Market - By E | Page 3
Smart cities address the future development of LPWAN technology. According
to Infoholic’s analyst, the LPWAN market is growing at a CAGR of 90.03%
during the forecast period 2016-2022. New integrated approaches by the
telecom players and software players are driving the market for new
networking technologies. Also, the increase in gas and oil pipelines across the
globe are fostering the growth of the market. The LPWAN market is divided
into types, networks, end-user segmentation, technologies and geographical
segmentation. Organizations mostly use private networks because fo the
security issues and public networks are used by small organizations and startups.
The LPWAN market is analyzed by six regions-Americas, Western Europe, AsiaPacific, Eastern Europe, and MEA. The growing number of smart cities projects
in APAC and MEA region will drive the market in the near future