Battle for standardisation driving rise of LPWA network connections, research finds

Cellular and non-cellular low power wide-area (LPWA) network connections will grow globally at a CAGR of 53% until 2023, according to a new study from ABI Research.
The market growth will be driven by growth in smart meters and asset trackers, with the continued battle for dominance between the primary standards, NB-IoT, CAT-M, Sigfox and LoRa, also fuelling the rise.In 2017, smart meters and asset trackers contributed to almost three-quarters of all LPWA network connections, dominated by non-cellular LPWA network technologies. But by 2023, non-cellular LPWA will cede its market share dominance to NB-IoT and LTE-M, as cellular LPWA moves to capture over 55% of LPWA connections.