Omdia predicts NB-IoT and LoRaWAN to dominate LPWAN connections, reaching 3.5 billion by 2030.
Omdia forecasts NB-IoT and LoRaWAN to lead LPWAN connections, reaching over 3.5 billion by 2030 and accounting for 86% of all IoT connections. NB-IoT's growth in China and LoRaWAN's dominance in other regions make them suitable for mid-range IoT applications, maintaining their market leadership. By 2030, NB-IoT is expected to expand through cost-effective implementations, while LoRa remains the preferred choice for private IoT connections.
June 19, 2024
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