LoRa and LoRaWAN IoT Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Offering, By Application, By End User, By Region & Competition, 2020-2030F

Description

The Global LoRa and LoRaWAN IoT Market stood at USD 8.07 billion in 2024 and is anticipated to reach USD 37.31 billion by 2030, reflecting a CAGR of 29.07% during the forecast period. LoRa and LoRaWAN technologies serve as pivotal enablers for long-range, low-power communication across a range of Internet of Things (IoT) applications. Their ability to transmit data over several kilometers while maintaining minimal energy use makes them ideal for widespread IoT deployments in areas such as smart cities, agriculture, environmental monitoring, and industrial automation. LoRa acts as the physical communication layer, while LoRaWAN supports secure and scalable network communication. The increasing push for smart infrastructure has accelerated demand globally, further fueled by advancements in sensor integration, cloud-based platforms, and favorable policy environments. As the ecosystem expands-supported by device manufacturers, service providers, and network operators-LoRa and LoRaWAN are becoming increasingly accessible and adaptable, establishing themselves as integral to building resilient and efficient connected systems.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 8.07 Billion
Market Size 2030	USD 37.31 Billion
CAGR 2025-2030	29.07%
Fastest Growing Segment	Transportation & Logistics
Largest Market	North America

Key Market Drivers

Growing Need for Low-Power, Long-Range Connectivity in IoT Deployments

The demand for efficient, long-range, and low-power communication is a critical driver for the LoRa and LoRaWAN IoT market. Industries including agriculture, smart cities, utilities, and logistics require technologies that can connect vast networks of devices across large areas with minimal energy usage. LoRa and LoRaWAN address this need by enabling devices to operate on single batteries for multiple years, significantly cutting maintenance costs and ensuring reliability in remote or hard-to-access environments. These technologies also support secure data transmission over long distances, meeting essential performance and safety standards. Their scalability is demonstrated by the ability to connect over 100,000 devices per gateway, making them especially suitable for large-scale smart infrastructure initiatives. This has positioned LoRa and LoRaWAN as preferred options for organizations aiming to deploy sustainable, cost-effective IoT networks that align with digital transformation goals.

Key Market Challenges

Interference and Network Scalability Limitations

A notable challenge in the LoRa and LoRaWAN IoT market is managing interference and scalability, particularly in environments with dense device concentrations. In such scenarios, increased network traffic can cause signal collisions, packet loss, and reduced data transmission reliability. These challenges are compounded by the use of unlicensed frequency bands, which are susceptible to congestion from other wireless systems. Although designed for high device volumes, LoRa and LoRaWAN networks can face throughput limitations when scaled rapidly without adequate infrastructure. Ensuring consistent performance often necessitates the deployment of additional gateways and careful network planning, which can drive up costs and operational complexity. This becomes particularly critical in applications demanding real-time data and high network reliability, making scalability management a key area of focus for successful implementation.

Key Market Trends

Expansion of Smart City Initiatives Driving LoRa and LoRaWAN Adoption

The global rise of smart city projects is a prominent trend accelerating the adoption of LoRa and LoRaWAN technologies. Governments and municipal bodies are increasingly integrating connected infrastructure to enhance urban service efficiency, environmental management, and public safety. LoRa and LoRaWAN offer a highly adaptable and energy-efficient solution for managing urban systems like street lighting, traffic monitoring, waste collection, and water management. These technologies enable cities to collect real-time operational data, reduce maintenance overhead, and support data-driven planning. As urbanization continues, the demand for cost-effective and scalable connectivity solutions grows. LoRa and LoRaWAN, with their ability to interface seamlessly with existing IoT frameworks, are becoming essential tools for building smart, resilient, and sustainable urban environments. Their continued deployment across municipal infrastructures is expected to significantly contribute to market growth in the coming years.

Key Market Players

Semtech Corporation
Cisco Systems, Inc.
IBM Corporation
Actility S.A.
MultiTech Systems, Inc.
Kerlink
Laird Connectivity
TEKTELIC Communications

Report Scope:

In this report, the Global LoRa and LoRaWAN IoT Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

LoRa and LoRaWAN IoT Market, By Offering:

Hardware
Platform
Services

LoRa and LoRaWAN IoT Market, By Application:

Asset Tracking
Industrial IoT
Smart Cities
Smart Agriculture & Livestock Management
Smart Buildings
Smart Healthcare
Others

LoRa and LoRaWAN IoT Market, By End User:

Retail
Manufacturing
Transportation & Logistics
Agriculture
Healthcare
Energy & Utilities
Government & Public Safety
Travel & Hospitality
Others

LoRa and LoRaWAN IoT Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
South America
- Brazil
- Colombia
- Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global LoRa and LoRaWAN IoT Market.

Available Customizations:

Global LoRa and LoRaWAN IoT Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Solution Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global LoRa and LoRaWAN IoT Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Offering (Hardware, Platform, Services)
- 5.2.2. By Application (Asset Tracking, Industrial IoT, Smart Cities, Smart Agriculture & Livestock Management, Smart Buildings, Smart Healthcare, Others)
- 5.2.3. By End User (Retail, Manufacturing, Transportation & Logistics, Agriculture, Healthcare, Energy & Utilities, Government & Public Safety, Travel & Hospitality, Others)
- 5.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. North America LoRa and LoRaWAN IoT Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Offering
- 6.2.2. By Application
- 6.2.3. By End User
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States LoRa and LoRaWAN IoT Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Offering
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By End User
- 6.3.2. Canada LoRa and LoRaWAN IoT Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Offering
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By End User
- 6.3.3. Mexico LoRa and LoRaWAN IoT Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Offering
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By End User

7. Europe LoRa and LoRaWAN IoT Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Offering
- 7.2.2. By Application
- 7.2.3. By End User
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany LoRa and LoRaWAN IoT Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Offering
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By End User
- 7.3.2. France LoRa and LoRaWAN IoT Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Offering
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By End User
- 7.3.3. United Kingdom LoRa and LoRaWAN IoT Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Offering
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By End User
- 7.3.4. Italy LoRa and LoRaWAN IoT Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Offering
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By End User
- 7.3.5. Spain LoRa and LoRaWAN IoT Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Offering
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By End User

8. Asia Pacific LoRa and LoRaWAN IoT Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Offering
- 8.2.2. By Application
- 8.2.3. By End User
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China LoRa and LoRaWAN IoT Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Offering
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By End User
- 8.3.2. India LoRa and LoRaWAN IoT Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Offering
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By End User
- 8.3.3. Japan LoRa and LoRaWAN IoT Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Offering
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By End User
- 8.3.4. South Korea LoRa and LoRaWAN IoT Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Offering
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By End User
- 8.3.5. Australia LoRa and LoRaWAN IoT Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Offering
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By End User

9. Middle East & Africa LoRa and LoRaWAN IoT Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Offering
- 9.2.2. By Application
- 9.2.3. By End User
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia LoRa and LoRaWAN IoT Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Offering
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By End User
- 9.3.2. UAE LoRa and LoRaWAN IoT Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Offering
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By End User
- 9.3.3. South Africa LoRa and LoRaWAN IoT Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Offering
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By End User

10. South America LoRa and LoRaWAN IoT Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Offering
- 10.2.2. By Application
- 10.2.3. By End User
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil LoRa and LoRaWAN IoT Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Offering
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By End User
- 10.3.2. Colombia LoRa and LoRaWAN IoT Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Offering
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By End User
- 10.3.3. Argentina LoRa and LoRaWAN IoT Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Offering
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. Semtech Corporation
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
13.2. Cisco Systems, Inc.
13.3. IBM Corporation
13.4. Actility S.A.
13.5. MultiTech Systems, Inc.
13.6. Kerlink
13.7. Laird Connectivity
13.8. TEKTELIC Communications