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The characteristics of LPWA technology will make it suitable for many vertical markets.
Telecoms operators and vendors are exploring alternatives to traditional cellular technology to address the specific needs of machine-to-machine (M2M) services.
These technologies – called low-power, wide-area (LPWA) solutions – have three main advantages over the traditional networks:
These characteristics open up markets for which traditional cellular technology is unsuitable – for example, where high module costs made the business case unviable or for devices that do not have a permanent power source, such as water meters.
We believe that LPWA services can target a market of more than 3 billion M2M connections worldwide by 2023, and generate over USD10 billion from connectivity revenue alone.
Based on our research, including discussions with a number of telecoms operators and other industry players, this report provides: