Global Low-Power Wide Area Networks Market to Grow at a CAGR of 50.29% During Forecast Period 2017-2021
LPWAN technologies operate at a low cost, with immense power efficiency. A few examples of these technologies are Sigfox, machine-to-machine (M2M) Spectrum, and NWave. LPWAN is suitable for applications that require connecting widely scattered devices. A connected smoke detector can trigger a smoke alarm with absolute certainty using this technology. LPWAN has a wide range of applications in smart buildings, agriculture and environment, consumer, utilities, logistics, smart cities, and other industrial areas.
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