Lora Gateway Module Market 2022
The report on Lora Gateway Module Market provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2028. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
Persistence Market Research has recently published a market research report titled “LoRa Gateway Module Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.”
Request for Free Sample Report of “Lora Gateway Module” Market @ https://www.persistencemarketresearch.com/samples/19084
The application segment is further segmented into industrial automation, home automation, smart agriculture, smart city, asset tracking, and others. Moreover, the rapid adoption of LoRa gateway modules in various industries, which include manufacturing, energy & utilities, automotive, and healthcare, is expected to drive the LoRa gateway module market.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Semtech Corporation, Shenzhen Rakwireless Technology Co., Ltd., Microchip Technology, Inc., Multi-Tech Systems, Inc., Murata Manufacturing Co., Ltd., Libelium Comunicaciones Distribuidas S.L, IMST GmbH, GlobalSat WorldCom Corporation, Embit s.r.l., LINK LABS, Laird Technologies, Inc., Nemeus, and HOPE Microelectronics CO., Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Lora Gateway Module.
Request For Customization@ https://www.persistencemarketresearch.com/request-customization/19084
Increasing Industrial Automation to Push LoRa Gateway Module Adoption
The rapid expansion of IoT and growth in the demand for smart devices are among factors driving the LoRa gateway module (long range wireless network technology) market. Moreover, the adoption of advanced and innovative technologies pertaining to LoRa gateway modules is expected to create potential growth opportunities for the LoRa gateway module market during the forecast period.
Increasing penetration of IoT is boosting awareness about the advantages associated with the implementation of the same among end-users, which, as a result, is expected to positively impact the LoRa gateway module market. Moreover, the expanding cellular IoT and increasing advent of 5G are also among factors boosting the demand for LoRa gateway modules. In addition, the increasing number of smart city projects and the increasing penetration of smart devices are driving the LoRa gateway module market.
The adoption of LoRa gateway modules in the manufacturing industry is increasing due to the increasing demand for automation in manufacturing industries and the rising trend of Industry 4.0. Continuous investments by various countries in the automation of industrial infrastructure and the fulfilment of the current connectivity solutions for industries have encouraged vendors around the globe to focus on offering cellular connectivity with completely new concepts provided by new providers and alliances, which include LoRa. The demand for LoRa gateway module is thus observing a constant rise at a rapid pace, particularly across the manufacturing industry sectors.
The global LoRa gateway module market is likely to record a total incremental opportunity of more than US$ 3 billion during the forecast period of 2018 to 2028. In the global LoRa gateway module market report, Persistence Market Research has segmented the global LoRa gateway module market by application, industry, and region.
Regional Outlook: LoRa Gateway Module Market
North America and Europe are among the largest markets in the global LoRa gateway module market owing to the presence of various key players and the early adoption of advanced technologies pertaining to LoRa gateway modules. Moreover, the rapid expansion of the IoT market and high government spending for LoRa technology are also among factors propelling the LoRa gateway module market.
The LoRa gateway module markets in East Asia and South Asia are expected to witness growth with a significant CAGR during the forecast period owing to the rising penetration of smart devices and increasing digitalization in various countries of the region. Furthermore, the increasing adoption of advanced technologies for smart agriculture and smart city applications is creating potential growth opportunities for the LoRa gateway module market.
Moreover, a continuous increase in the number of companies providing LoRa gateway modules and technology in the countries of East and South Asia is expected to positively influence the growth of the LoRa gateway module market during the forecast period.
Key Stakeholders
Lora Gateway Module Market Manufacturers
Lora Gateway Module Market Distributors/Traders/Wholesalers
Lora Gateway Module Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/19084
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com