LoRaWAN
®
LIVE
4
The world is getting ever more connected
By 2027, LPWA connections are expected to account for 10% of all global IoT connections
Xx % = CAGR
CAGR 21 -
22
CAGR 22 -
27
0
5
10
15
20
25
30
2019a 2020a 2021a 2022a 2023f 2024f 2025f 2026f
10%
2027f
+11%
+18%
+16%
21%
38%
22%
12%
21%
15%
5%
200%
17%
27%
8%
16%
16%
8%
10%
87%
Xx % = CAGR
Wired IoT
LPWA
Cellular IoT Excl. 5G,LPWA
Cellular 5G IoT
Other
Wireless Local
Area Networks (WLAN)
Wireless Personal
Area Networks (WPAN)
Wireless Neighborhood
Area Networks (WNAN)
Connectivity type
Note: IoT Connections do not include any computers, laptops, fixed phones, cellphones or tablets. Counted are active nodes/de vic es or gateways that concentrate the end - sensors, not every sensor/actuator. Simple
one - directional communications technology not considered (e.g., RFID, NFC). Wired includes Ethernet and Fieldbuses (e.g., connec ted industrial PLCs or I/O modules); Cellular includes 2G, 3G, 4G; LPWAN
includes unlicensed and licensed low - power networks; WPAN includes Bluetooth, Zigbee, Z - Wave or similar; WLAN includes Wi - fi and related protocols; WNAN includes non - short range mesh, such as Wi - SUN;
Other includes satellite and unclassified proprietary networks with any range.
Source: IoT Analytics Research 2022
Global IoT Connections (in Billion)
