Charts & Stats

Global LoRaWAN Market By Frequency Band

By Frequency Band, the market is segmented into Sub-GHz Licensed Spectrum and Sub-GHz Unlicensed Spectrum (EU868, US915, AS923, etc.) (2019–2035)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global LoRaWAN Market By Frequency Band — full underlying data
LabelSub-GHz Licensed SpectrumSub-GHz Unlicensed Spectrum (EU868, US915, AS923, etc.)
2019543.71 USD Million2357.83 USD Million
2020596.33 USD Million2655.58 USD Million
2021612.39 USD Million2797.91 USD Million
2022708.22 USD Million3327.52 USD Million
2023824.9 USD Million3982.87 USD Million
2024964.31 USD Million4793.95 USD Million
20251133.52 USD Million5805.9 USD Million
20261333.18 USD Million7036.05 USD Million
20271569.56 USD Million8532.92 USD Million
20281848.36 USD Million10358.56 USD Million
20292175.58 USD Million12591.18 USD Million
20302574.81 USD Million15316.65 USD Million
20313032.22 USD Million18675.54 USD Million
20323579.21 USD Million22804.73 USD Million
20334221.89 USD Million27909.52 USD Million
20344985.55 USD Million34234.86 USD Million
20355895.4 USD Million42103.54 USD Million

Data Source: Wantstats Repository

Wantstats

Growth Outlook

  • The Global LoRaWAN Market By Frequency Band market is on a steady long-term growth path. Segment value stands at roughly USD 8369 Million in 2026 and is projected to reach USD 47999 Million by 2035 — a gain of about 474% over the forecast period, translating to a CAGR in the double digits.
  • What the regional split looks like (2026): Sub-GHz Unlicensed Spectrum (EU868, US915, AS923, etc.) leads, holding roughly 84% of segment value — the single largest regional share. Sub-GHz Licensed Spectrum is the second-largest contributor.
  • By 2035, Sub-GHz Unlicensed Spectrum (EU868, US915, AS923, etc.) alone is expected to reach USD 42104 Million, with Sub-GHz Licensed Spectrum at USD 5895 Million.

Market Dynamics

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