LoRaWAN has become the de facto standard for Low Power Wide Area Networks (LPWANs) worldwide, with more than 40% of all LPWANs forecast to run on LoRaWAN by 2023 (IHS MarketInsider 2019). The open LoRaWAN protocol offers an efficient, flexible and economical solution to real-world problems and can be complementary to other network technologies.
The cost and functionality gap between cellular and local-area networks has been filled by LPWAN technologies, which enable low power, long range sensor applications where only small amounts of data are required.
It is estimated that more than half of all IoT solutions will be best suited for LPWAN connectivity.
Like Wi-Fi, LoRaWAN operates in the unlicensed band and supports indoor applications. Like cellular, LoRaWAN technology is highly secure from end devices to the application server, and is suitable for outdoor applications.
LoRaWAN technology offers an efficient, flexible and economical connectivity solution ideal for IoT applications. Simple sensor data can fuel analytics platforms, such as those for artificial intelligence and machine learning. These require data diversity which is made possible by low-cost LoRaWAN-enabled sensors.
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