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    Europe Low Power Wide Area Network (LPWAN) Market Forecast 2027 By Application (Smart Gas & Water Metering, Asset Tracking, Smart Buildings, Smart Parking, Precision Agriculture, Smart Waste Management, Livestock Monitoring), By Component (Platform [Narrowband IoT {NB-IoT}, Long Term Evolution for Machines {LTE-M}, LoRaWAN, Sigfox, Weightless], Services [Professional Service, Managed Service]), By Deployment Model (On-premise, Cloud), By End Use (Healthcare, Agriculture, Logistics & Transportation, Manufacturing, Utilities, Consumer Electronics, Government & Public Sector), Research Report, Country Outlook (UK, Germany, France, Italy, Spain, Sweden, Netherlands), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: March 2022   |   Report ID: GR2084   |   Delivery: PDF  Request Free Sample

    Europe LPWAN Market size crossed USD 600 million in 2020 and is projected to observe around 60% growth rate between 2021 and 2027. The growing adoption of wireless technologies is fueling the regional market growth.

    Europe LPWAN Market Share By Application

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    Favorable initiatives toward expanding LPWAN coverage across countries such as the UK, Germany, France, and Italy will boost the market demand. The prominent companies are extensively working on deploying LPWAN solutions across regions. For instance, in December 2021, Cellnex UK partnered with Everynet to roll out IoT networks in the UK. The network is based on LoRaWAN technology, which is implemented in Cellnex UK’s extensive telecommunication network. This partnership opened new & exciting opportunities for cities across the UK.

    Europe Market, By Component

    The LoRaWAN technology segment will expand at 45% CAGR during the forecast period, due to the increasing demand for wireless communication networks. LoRaWAN is a non-cellular LPWAN wireless communication network that operates in extreme environments & license-free spectrums and consumes low power. For instance, in August 2021, Netmore rolled out LoRaWAN IoT network in the UK. Through this expansion, both local and government companies have developed cost-effective, robust, and reliable IoT connectivity. The technology is specially designed to connect millions of devices in a wide range of differing industries.

    Europe Market, By Deployment Model

    The on-premise model segment dominated over 55% market share in 2020, owing to the growing need to manage IoT applications locally. The on-premise model helps business organizations to effectively monitor networks in real-time and achieve a high degree of security.

    Some of the companies operating in the market offer on-premise LPWAN kits, enabling customers to successfully deploy reliable & faster communication among devices. It offers various advanced features such as ease of deployment, data/ network security, critical low latency edge, and interfacing with existing on-premise solutions.

    Europe Market, By Application

    The smart gas & water metering application segment will grow at a CAGR of 55% through 2027, attributed to the growing need to monitor water-related issues such as leakages. It provides secure communications with excellent range and helps users in monitoring usage without the need for site visits. Gas meters transmit readings to gateways by using LPWAN and displaying the output in cloud web-based interfaces. LPWAN solutions aid companies to understand how water networks perform and address issues related to water leakages, quality, and pressure.

    Europe Market, By Country

    Germany LPWAN market is expected to generate a revenue of over USD 3 billion by 2027, credited to the evolution of Industry 4.0. German government & manufacturing companies are taking efforts to maintain industrial predominance by replacing traditional approaches with LPWAN technological implementations.

    The German government, as part of its High-Tech Strategy 2020 plan, is accelerating the adoption of IoT in manufacturing under the industry 4.0 revolution. The major players operating in country are developing advanced LPWAN solutions. For instance, in March 2020, Kerlink collaborated with ZENNER to deploy LoRaWAN across Germany. This collaboration helped both the companies deploy LoRaWAN across Germany including approximately 3,000 Kerlink Wirnet LoRaWAN gateways.

    Europe Market, By End-use

    The government and public-sector held more than 20% market share in 2020, on account of growing need for highly secure & reliable networks. LPWAN technologies help government & public sector organizations to achieve greater network visibility and provide wide coverage for deploying mission-crucial applications. Various favorable government initiatives for the development of smart cities are providing significant market growth opportunities.

    Competitive Industry Landscape

    Prominent participants operating across the Europe LPWAN market include Actility, AT&T Inc, Avnet, Inc., Cisco Systems, CONNIT SAS, Kerlink, LORIOT AG, Orange Business Services, Qualcomm Technologies, Inc, Semtech Corporation, Sigfox, and Sierra Wireless, Inc.


    Frequently Asked Question(FAQ) :

    How big is Europe LPWAN market?
    The market size for LPWAN in Europe was surpassed $600 million in 2020 and is predicted to register nearly 60% CAGR during the forecast timeframe of 2021-2027.
    Why is LoRaWAN technology gaining traction among LPWAN providers in Europe?
    The LoRaWAN technology segment may record a strong CAGR of 45% in Europe industry through 2027 as there is a high demand for wireless communication networks.
    What is the role of the on-premise deployment model in setting up the LPWAN?
    The on-premise deployment model held more than 55% share of Europe market in 2020 as the deployment model can assist organizations in effectively monitoring the networks on a real-time basis and achieve high security.
    What are the uses of LPWAN in smart gas & water metering?
    The overall industry size from the smart gas & water metering applications is likely to observe 55% CAGR through 2027 as the network can offer secure communications with the external range.
    What makes Germany an ideal market for LPWAN?
    The market for LPWAN in Germany is projected to generate a revenue of more than $3 billion by 2027 due to the introduction of Industry 4.0 and the efforts taken by the government to replace conventional approaches.
    Which are the companies operating in Europe LPWAN landscape?
    Eminent organizations that are a part of the regional industry include Cisco Systems, AT&T Inc, Actility, Avnet, Inc., CONNIT SAS, Orange Business Services, and Qualcomm Technologies, Inc., among others.

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