Market Size (2020)
2020
—
Vertical: ICTBase Year: 201910 Sections
Market Size (2020)
2020
—
Projected (2026)
2026
—
CAGR (2020–2026)
N/A
Key Players
101+
The term ‘LoRa’ denotes long range wireless technology that consumes low power for data transmission for machine-to-machine (M2M) and Internet of Things (IoT). LoRa is derived from the chirp spread spectrun (CSS) technology and are based on the LoRaWAN protocol that is open for all. LoRaWAN protocol enables connectivity between the smart IoT applications that provide solution to some of the challenging scenarios including energy conversation, depleting natural resources, enhance the efficiency of infrastructure, prevention of disasters, and among others. The frequency bands utilized by LoRa devices varies with regions across the globe. For instance, in US it is 915 MHz band whereas in Europe it is 868 MHz. Similarly, the LoRa technology in Asia operate between the 865 to 867 MHz and 920 to 923 MHz band. Going back to history, the LoRa technology was invented by Cycleo, a French startup that aimed to develop a long range and low power modulation technology. Cycleo was later acquired by Semtech to innovate the technology further and developed a protocol- LoRaWAN that provides capabilities for gas, water, and electricity meters to transmit data. Today, the technology is used in over 178 million devices in over 100 countries that are approaching towards a smarter planet to live in.
LoRa Market is a key focus area for market intelligence and strategic research.
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansThe term ‘LoRa’ denotes long range wireless technology that consumes low power for data transmission for machine-to-machine (M2M) and Internet of Things (IoT). LoRa is derived from the chirp spread spectrun (CSS) technology and are based on the LoRaWAN protocol that is open for all. LoRaWAN protocol enables connectivity between the smart IoT applications that provide solution to some of the challenging scenarios including energy conversation, depleting natural resources, enhance the efficiency of infrastructure, prevention of disasters, and among others.
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View Subscription PlansThe research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistics agencies, and paid databases. This information creates a base for the study. The information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analyzed to extract crisp data points which currently affect or are likely to affect the industry during the forecast period. After analyzing the information, a proprietary statistical tool is used for market estimation and forecast, which generates the quantitative figures/sizes of the market/sub-segments in the current scenario as well as for the forecast period.
After estimating the market sizes and estimates, the numbers are verified with industry participants and key opinion leaders. The wide network of industry participants add value to the research and verify the numbers and estimates provided in the study. At the last stage of the research process, a final report is prepared, which is then published on different websites as well as distributed through various channels. The below figure contains the different stages of the research process to produce the report.
Base Year
2019
Historical Period
2020 – 2019
Forecast Period
2019 – 2026
Primary Interviews
150+
Historical data (2020–2019) and forecast period (2019–2026)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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Analytical insights on LoRa Market covering market dynamics, competitive landscape, and strategic outlook.
LoRa Market represents a significant market opportunity with multiple growth drivers across regions and segments.
The LoRa Market market encompasses 5 key regions and multiple market segments, with the study period spanning 2020 to 2026.
The market is segmented across multiple dimensions, with detailed breakdowns available by component, region, and application type to support strategic planning and investment decisions.
This report profiles 101 key companies operating in the LoRa Market market, covering market positioning, product portfolios, and recent developments.
Leading players include Cisco Systems, Inc., and 96 others.
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Profiles of 101 companies operating in the LoRa Market market, including revenue, employee count, and market positioning where available.
Showing 101 of 101 companies
Cisco Systems
Company Headquarters: California, US Founded: 1984 Workforce: ~74,200 Company Working: Cisco Systems, Inc. (Cisco) designs, manufactures, and markets IP-based networking products and services for information and communication technology (ICT) industry. The company offers various products in the following categories: networking, mobility & wireless, security, data center, and cloud. Cisco’s product portfolio includes switches, routers, wireless, network management interfaces & modules, optical networking, access points, outdoor & industrial access points, next-generation firewalls, advanced malware protection, VPN security clients, email, and web security. The company serves various industry verticals such as education, energy, financial services, healthcare, manufacturing, retail, and hospitality, as well as the government sector. The company’s technology offerings comprise analytics and automation, cloud, collaboration, data center, digital transformation, enterprise networks, innovation, mobility, security, services, and service providers. The company has more than 400 offices worldwide.
Clean Power Research, LLC
Company Headquarters: Napa, California, USA. Founded: 1997 Workforce: ~ 250 Company Working: Clean Power Research, LLC is a trusted partner of leading utility and energy enterprises. The company is a team of talented, innovative, dedicated people passionate about clean energy and committed to transforming the global energy landscape using software for a clean-powered planet. For more than 20 years, leading utility and energy enterprises have relied on Clean Power Research to successfully navigate energy transformation. Company’s innovative solutions inform, streamline, and quantify energy-related decisions and processes. It is well-known for building and operating adaptable and efficient cloud software. The company specializes in Utility Customer Engagement, Distributed Energy Program Automation, Irradiance Data, Historical and Forecast Solar Prediction, and APIs.
Siemens Energy
Company Headquarters: Munich, Germany Founded: 1866 Workforce: ~ 91,000 Company Working: Siemens Energy is a global leader in energy technology and solutions. The company focuses on providing innovative products, services, and solutions across the entire energy value chain. Siemens Energy specializes in various areas, including power generation, transmission, and distribution. Its diverse portfolio encompasses gas and steam turbines, wind turbines, generators, transformers, grid solutions, and energy storage systems. The company is committed to sustainable energy solutions and aims to play a crucial role in the global energy transition towards a low-carbon future. With a strong emphasis on digitalization and decarburization, Siemens Energy actively develops advanced technologies such as AI, IoT, and digital twins to enhance energy efficiency and operational performance. The company collaborates with customers, partners, and stakeholders to deliver reliable, efficient, and environmentally friendly solutions to meet the world's evolving energy needs.
Applus+
Company Headquarters: Madrid Founded: 1996 Workforce: ~ 25,000 Company Working: Applus+ is a leader in the testing, inspection, and certification sector. Applus+ is a trusted partner, enhancing the quality and safety of clients’ assets and infrastructures while safeguarding their operations and improving their environmental performance. Its innovative approach, technical capabilities, and highly skilled and motivated workforce assure operational excellence across multiple sectors in more than 70 countries. Applus+ offers a complete portfolio of solutions that address a range of needs, from asset integrity management to statutory compliance-based inspections. It places a strong emphasis on technological development, digitalization, and innovation, as well as having the latest knowledge of regulatory requirements.
Renewable Energy Service Co., Ltd.
Company Headquarters: Thailand Founded: 2010 Workforce: ~ 250 Company Working: Renewable Energy Service Co., Ltd. is a leader in providing Wind Renewable professional services in Southeast Asia and expanding across the Asia-Pacific Region. The company was established in 2010 to support the Wind Renewable growth in the region, providing professional services in heavy-lifting, installation, mechanical & electrical works, and commissioning & maintenance services of Wind Turbines and Transformers. Committed to Quality, Health, Safety & Environmental protection, the company is complying and has certifications in ISO 9001 and ISO 14001. Total completed projects of 973 MW or 414 units of Wind Turbines (Siemens Gamesa Vestas GE Renewable & Goldwind) installed as of 2022.
QOS Energy
Company Headquarters: France Founded: 2010 Workforce: ~250 Company Working: QOS Energy is an innovative independent software vendor specializing in data intelligence cloud solutions for renewable energies. It is a renewable energy asset performance management and monitoring software vendor for IPPs, renewable energy developers, O&M service providers, asset owners, and EPCs. With 12 GW of renewable energy, it helps its customers maximize profits at more than 8 000 facilities throughout the world. Quantum®, an IoT Analytics platform created to improve the performance of renewable plants and storage facilities, is powered by QOS Energy. The capacity of QOS Energy to provide energy firms with access to performance analytics, dashboards, KPIs, and machine learning tools by effortlessly retrieving data from any plant and system is one of the company's key successes reasons. The company specializes in Solar PV monitoring software, Energy Management Systems, System performance management, and Internet of Things data management.
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LoRa Market