The LoRa And LoRaWAN Internet Of Things Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the LoRa And LoRaWAN Internet Of Things Market?
The market size of the LoRa and LoRaWAN internet of things has seen significant growth in recent times. It increased from $8.06 billion in 2024 to $10.98 billion in 2025, showing a compound annual growth rate (CAGR) of 36.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the LoRa And LoRaWAN Internet Of Things Industry?
The LoRa and LoRaWAN internet of things market is anticipated to expand significantly in the upcoming years, reaching a size of $37.6 billion in 2029. The predicted compound annual growth rate (CAGR) is 36.0%.
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What are the Key Growth Drivers Fueling the LoRa And LoRaWAN Internet Of Things Market?
The key drivers in the lora and lorawan internet of things market are:
• Urbanization and development of smart cities
• Improved waste management systems
• Favorable government initiatives and regulations
• Growing demand for real-time data collection and analysis
Global Market Segmentation: Identifying Major LoRa And LoRaWAN Internet Of Things Industry Segments
The LoRa And LoRaWAN internet of thingsmarket covered in this report is segmented –
1) By Offering: Hardware, Platforms, Services
2) By Network Deployment: Public Network, Private Network, Hybrid Network
3) By Application: Asset Tracking, Industrial Internet Of Things, Smart Cities, Smart Buildings, Smart Utilities, Smart Healthcare, Smart Agriculture And Livestock Management, Other Applications
4) By End User: Manufacturing, Transportation And Logistics, Energy And Utilities, Agriculture, Government And Public Safety, Healthcare, Retail, Residential, Other End Users
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What are the emerging Trends Shaping the Future of the LoRa And LoRaWAN Internet Of Things Market?
The key trends in the lora and lorawan internet of things market are:
• Technological advancements are becoming a significant trend within this market.
• Expansion into new regions is an emerging trend.
• The development of partnerships and broader ecosystems is increasingly shaping the market.
• There is a growing trend towards the integration with other technologies and implementation in smart agriculture.
Who Are the Top Competitors & Leading Players in the LoRa And LoRaWAN Internet Of Things Market?
Major companies in the lora and lorawan internet of things market are:
• Comcast Corporation
• Amazon Web Services Inc.
• Cisco Systems Inc.
• Orange SA
• NEC Corporation
• SK Telecom
• Murata Manufacturing Co. Ltd.
• Advantech Co. Ltd.
• Tata Communications Limited
• Semtech Corporation
• Digi International
• Multi-Tech Systems Inc.
• Exosite
• Kerlink
• Actility SA
• RAKwireless
• Milesight Technology
• Orbiwise SA
• Datacake
• LORIOT AG
• Radio Bridge Inc.
• Sensoterra
• TheThings.io
• Netmore Group
Regional Dominance: Which Area Leads the Global LoRa And LoRaWAN Internet Of Things Market?
North America was the largest region in the LoRa And LoRaWAN internet of things market in 2024
