LoRa and LoRaWAN IoT Connectivity Market Size and Share Analysis - Growth Trends & Forecast (2024 - 2029)

LoRa And LoRaWAN IoT Connectivity Industry Overview

The LoRA and LoRAWAN Markets are fragmented in nature. Senet, Semtech Corporation, Digimondo GmbH, Akenza AG, and other major players in the market studied. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.

• In April 2024, AWS introduced support for LoRaWAN on its public network in Spain. This means Amazon Web Services (AWS) clients in Spain can now seamlessly link their low-power, long-range LoRaWAN devices to AWS's cloud services. Through AWS IoT Core for LoRaWAN, a fully managed Network Server, customers can effortlessly integrate their wireless devices, utilizing the LoRaWAN protocol, with the AWS cloud. This service streamlines the process and eliminates customers' need to maintain their LoRaWAN servers on-premises, offering the flexibility to establish private LoRaWAN networks.
• In January 2024, Avnet Enhances IoTConnect, Powered by AWS, with LoRaWAN and Amazon Sidewalk Support. Original Equipment Manufacturers (OEMs) can now swiftly craft smart Internet of Things (IoT) devices on Amazon Web Services (AWS) with Avnet’s latest IoTConnect update. This comprehensive release not only integrates native backing for LoRaWAN gateways and devices but also extends support to Amazon Sidewalk-enabled devices. Amazon Sidewalk, a long-range, low-bandwidth network, is tailored to interlink billions of IoT devices securely. Avnet’s IoTConnect, known for its simplicity, security, and scalability in connected solutions, now offers a unified "single pane of glass" experience for effortlessly onboarding and linking these novel devices.