The Impact of IoT boom on developing low-power wide-area network solutions

#News(IoTStack) [ via IoTForIndiaGroup ]

 The concepts of machine to machine communication (M2M) and the Internet of Things (IoT) have permanently changed the value chain of every business today. With the impending shutdown of 2G networks, organizations have been on the lookout for networks that can serve the vast expanse of industrial connectivity, which has consequentially generated a wide scope for low-power wide-area network solutions (LPWANs). LPWANs such as SigFox, LoRaWAN and others have come to gain more popularity than existing connectivity options like Ethernet, cellular, satellite, Bluetooth and Wi-Fi due to their ability to address key limitations of the conventional networking technologies such as range, cost and battery life.

The global LPWAN market, slated to surpass a remuneration portfolio of $65bn by 2025 by Global Market Insights, has been touted to gain traction mainly due to the increasing proliferation of IoT that can be credited for prompting a spate of innovations in the technology cosmos. With the deployment and implementation of low-cost sensors, businesses, consumers, cities and entire nations have the opportunity to revolutionize value creation by providing data to transform economies, markets, and outcomes. The expansion graphs of LPWAN technologies and the Industrial Internet of Things (IIoT), in essence, are directly proportional and are bound to remain so in the years to come.

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