Development Status and Prospects of LoRaWAN

In recent years, LoRa and LoRaWAN have achieved significant results in technology, standards, ecology, and applications. The number of global LPWAN connections continues to grow and is expected to grow at a compound annual growth rate of 26% in the coming years. Excluding the Chinese market, LoRa connections will account for 41% of the global LPWAN connections by 2023, far surpassing technologies such as NB IoT and LTE-M.

Looking ahead, LoRa's leading position in the IoT market is expected to continue. Its flexible business cooperation model and solid technological foundation will help it maintain market share and influence. By 2027, it is expected that LoRa's market share in the global LPWAN market will remain above 36%, maintaining a leading position in technology.

Leader of Industry 0

The LoRa Alliance not only reveals the strong growth of LoRaWAN globally, but also further demonstrates how this technology is leading the evolution of the global industry towards the industrial 0 market. In a paper on Industry 0 and IoT technology, the authors conducted an in-depth comparison of various communication protocols and IoT platforms, and concluded that ARM Cortex is the most efficient IoT processor core, while LoRaWAN protocol is the most effective communication protocol and technology.

LoRa Alliance CEO and Chairman Moore explicitly stated that the large-scale deployment of LoRaWAN has laid a solid foundation for achieving ESG goals and achieving industrial zero. Behind this firm belief is the active participation of over 170 major mobile network operators worldwide, attracted by the flexible business cooperation model of LoRa's ecosystem, with its connectivity covering the globe. At the same time, many vertical industry enterprises, Internet enterprises and OEM manufacturers have also shown great interest in LoRa applications. For example, Amazon AWS has launched many LoRaWAN based products, and its IoT service supports LoRaWAN messages, providing users with convenience in connecting, controlling and managing low-power wireless devices on AWS cloud servers. In addition, AWS's self-developed communication technology Sidewalk cleverly incorporates LoRa modulation technology.

The world's leading module manufacturer, Mobile Communications, has recently joined the innovative ranks of LoRa technology. During the CES 2024 exhibition, they proudly launched the high-performance LoRa module KG200Z. This module, with its comprehensive advantages of ultra-low power consumption, long-distance transmission capability, high cost-effectiveness, and high reliability, has become an ideal choice to meet the needs of bidirectional communication, end-to-end security, mobility, and localized services for IoT devices.

Ove Anebygd, CEO of Netmore Group AB and a member of the LoRa Alliance Board of Directors, appreciates the continuous innovation of LoRa technology. He pointed out that the new development roadmap proposed by the LoRa Alliance will further consolidate the leading position of this technology in the global Internet of Things field. For Netmore and its global customers, these innovations will translate into service optimization, cost savings, regulatory compliance, and efficient resource utilization. Especially in the fields of public utilities and energy, the rapid expansion of infrastructure metering and monitoring solutions will benefit significantly.

As the LoRaWAN standard gradually becomes the global standard for operator level LPWAN secure connections in the Internet of Things, the direction of the entire ecosystem's progress has become more clear.