Albany, New York, July 29, 2019: LoRa technology has brought a paradigm shift through IoT which has facilitated data communication over a long range while consuming little power. With the flexibility for rural or indoor use cases in smart homes, smart cities, smart agriculture, smart supply chain, LoRa technology has revolutionized IoT.
These insights are according to the intelligence report, titled, “Global Market Study on LoRa Gateway Module: Increasing Commercialization of LPWA IoT Communication Creating Potential Growth Opportunities,” which has been of late added to Market Research Reports Search Engine’s (MRRSE) overarching armamentarium.
When it comes to rural regions, several IoT applications need to span significant range and use as little power as possible. LPWAN, as such, offers wireless connectivity to immensely power conscious devices in networks by using gateways and sensors to offer useful controls, facilitate data acquisition and produce logistical insights and actionable data.
According to International Telecommunication Union (ITU), almost 9 out of 10 young individuals in Africa, Asia or the Pacific live with no access to internet. As such, connectivity still looms as an issue in several developing countries.
As stakeholders look for state-of-the-art solution, they are leveraging LoRaWAN protocol for reducing costs related to internet usage and allowing isolated communities to get few services despite not having internet access.
The popularity of LoRa gateway modules in the manufacturing industry has soared in the recent past that is mainly attributed to the automation and industry 4.0 which have become a trendsetter. LoRa gateway module that acknowledges industrial automation has helped the end-user monitor and report output vs. targets, downtime vs. uptime and other essential metrics.
North America and Europe are slated to exhibit a sustained demand for LoRa gateway module as governments’ spending on LoRa technology, IoT expansion and presence of big players augur well for the market. Meanwhile, East Asia and South Asia will potentially provide lucrative opportunity as IoT penetration and digitization have soared in countries such as India, and China.
LoRa Gateway Module Market: Report Content
Quantitative and qualitative assessment exhort intelligence and overarching report on the LoRa gateway module market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the LoRa gateway module market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on LoRa gateway module.
An insightful and deep-dive assessment of the competitive assessment of the LoRa gateway module market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the LoRa gateway module market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
LoRa Gateway Module Market: Research Methodology
Primary sources and secondary sources propel intelligence report on LoRa gateway module market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on LoRa gateway module market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.
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