LoRa Gateway Market is Booming with Strong Growth Prospects

LoRa Gateway Market Latest Edition Published with Forecast to 2027


According the report, Indoor Gateway Accounts for Largest Market Share is one of the primary growth factors for the market. Growth in Internet Penetration is also expected to contribute significantly to the LoRa Gateway market. Overall, Asset Tracking applications of LoRa Gateway, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global LoRa Gateway market identified that the demand is rising in many different parts of the world as "IoT Applications offers High Hope of Accelerated Growth" Furthermore, some recent industry insights like "In 2020, Amazon Web Services, a global leader in cloud computing platforms and APIs has announced launch of its new IoT Core for LoRaWAN. The newly developed capability allows AWS IoT Core customers to connect and manage wireless devices that apply LoRaWAN. This will even allow the customers to setup their private LoRaWAN gateways to their Amazon cloud. This also improves the data operational efficiency such as analytics, storage and further processing." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global LoRa Gateway market by Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the LoRa Gateway market and other related sub-markets covered in the study.

o Key & emerging players in the LoRa Gateway market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall LoRa Gateway market size is calculated using market estimation process, the LoRa Gateway market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global LoRa Gateway market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales