LoRa and LoRaWAN IOT Market Size

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Report ID: 5913
Published Date: Sep 16, 2025
Report Format: PDF, PPT

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LoRa and LoRaWAN IOT Market Outlook:

LoRa and LoRaWAN IOT Market size was valued at USD 10.86 billion in 2025 and is set to exceed USD 213.55 billion by 2035, expanding at over 34.7% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of LoRa and LoRaWAN IOT is estimated at USD 14.25 billion.

LoRaWan technology is standardized across the world and accepted by people worldwide due to which hardware and network providers have grown and formed a strong ecosystem. According to a recent report published in 2022, Public LoRaWAN networks have shown a growth of 66% from the last three years.

LoRa and LoRaWAN IOT provide safe and secure communication which makes it best for businesses where data integrity and privacy are deprecatory concerns. Security is a basic requirement in various IoT applications.

Browse key industry insights with market data tables & charts from the report:

LoRa and LoRaWAN IoT Market Size, Share, Growth & Forecast 2035

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of LoRa and LoRaWAN IOT is estimated at USD 14.25 billion.

The global LoRa and LoRaWAN IOT market size crossed USD 10.86 billion in 2025 and is likely to expand at a CAGR of more than 34.7%, surpassing USD 213.55 billion revenue by 2035.

The North America LoRa and LoRaWAN IoT market will dominate around 33% share by 2035, driven by advancements in LoRaWAN infrastructure and energy-efficient IoT solutions.

Key players in the market include Cisco Systems, Inc.Semtech Corporation, Orange SA, Robert Bosch GmbH, Advantech Co., Ltd., Ezurio, Senet, Kerlink, Exosite, Datacake GmbH.