Low Power Wi-Fi Conversion Market Size & Share, by Type (Cellular: NB IoT, LTE M/ CAT M1, Non- Cellular: LoRa, SigFox, Weightless); Range (Less Than 2km, 2-10km, More Than 10 km) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036
AT&T announced that it would spearhead the implementation of open radio access networks (Open RANs) on a commercial scale in the US. Together with Ericsson, this ground-breaking action will advance industry efforts in the telecommunications sector and contribute to the development of a stronger network infrastructure supplier and provider ecosystem. During the five years of the Ericsson contract, AT&T may spend close to $14 billion.
An agreement was made by UnaBiz and ZiFiSense to advance the creation of a unified LPWAN world to facilitate massive IoT. According to the deal, UnaBiz and ZiFiSense will make use of their respective networks—UnaBiz's worldwide 0G network spans more than 70 countries, while ZETA's network covers China—to enable partners and clients to expand their businesses internationally. To connect various industries and incorporate LPWAN technology standards, the two businesses will work together on both technical and business fronts.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3215
Published Date: Jan 03, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing adoption of IoT applications, increasing smart home applications, and rising battery efficiency are driving the growth of the low-power Wi-Fi conversion market.
The market size of low power Wi-Fi conversion is anticipated to attain a CAGR of 52% over the forecast period, i.e., 2024-2036.
The major players in the market are Astrocast, Actility SA, Senet, Inc., Acklio, STACKFORCE GmbH, Kiwi Technology Inc., ZiFiSense, OrbiWise, MoecoIoT, Inc., SoftBank Corp., and others.
The Cellular segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.