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Low Power Wide Area Technology Market Forecast to 2024: How It Is Going To Impact on Industry to Grow In Near Future By Zaraki Kenpachi - August 12, 2021
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Low Power Wide Area (LPWA) technology is a network that enables connecting of devices requiring low bandwidth. Low Power Wide Area can be used for connecting machine to machine (M2M) devices and serve as a low cost and power efficient solution in nature. Furthermore, the network has wide coverage area/range thereby supporting all kind of devices that can be connected through Internet of things (IOT). Wireless technologies such as WiFi, Bluetooth, Zigbee can only be used for consumer oriented devices having short range. However, industrial IoT and M2M devices demands uninterrupted and continuous flow of data which can be fulfilled by use of LPWA technology. LPWA technology strengthens the position of IoT market participants through helping suppliers to get closer to their customers. Use of wire line and cellular network for M2M and IoT devices led to increase in cost and power consumption. However with the advent of LPWA technology, the problem of high cost and huge power consumption can be decreased effectively. Presently, LPWA technology is widely used in European region for controlling IoT devices such as smart meter, parking management and traffic light controlling. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=14216 LPWA market is expected to grow in coming years due to increasing number of IoT based devices and the need for better connectivity. LPWA technology is expected to be widely applicable in the area of public administration, healthcare, energy and education sector. LPWA has strong propagation which implies that the technology has the ability to reach deep underground hence facilitating strong connectivity of devices in basement area or in