Security News > 2021 > April > The LPWAN market to reach $109.76 billion by 2025

The low-power wide area networks market is expected to grow by $109.76 billion during 2021-2025, expanding at a CAGR of almost 58%, according to Technavio.

The report throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect.

All these factors are expected to significantly contribute to the growth of the global low-power wide area networks market during the forecast period.

The increased penetration of mobile-computing devices will have a positive impact on the market and contribute to its growth significantly over the forecast period.

This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.

This is increasing the demand for improved connectivity, which, in turn, is expected to foster the growth of the LPWAN market during the forecast period.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/dgMxONvOWuY/