®
21
END
OF
YEAR
REPORT
2024
Approved
for
distribution
outside
of
the
LoRa
Alliance
®
®
INSIGHTS FROM BEECHAM RESEARCH:
LoRaWAN
®
DRIVING INNOVATION IN SMART CITIES,
BUILDINGS, AND ASSET TRACKING
In asset tracking, LoRaWAN provides end-to-end visibility
and control in logistics, addressing key challenges such as
cargo theft, inefficiencies, and spoilage. Its hybrid connectiv-
ity across terrestrial, satellite and private networks ensures
reliable tracking, even in remote or high-risk areas. Features
like GPS-free geolocation, LR-FHSS technology, and durable,
low-power devices make LoRaWAN ideal for diverse tracking
needs, from fleet management to supply chain monitoring.
The asset tracking market is set to grow at an annual rate
of 13.8%, driven by innovations that extend LoRaWAN's
capabilities in global logistics and operational optimization.
READ THE ASSET TRACKING REPORT
Global Asset Tracking with LoRaWAN®
LoRaWAN® Sector Reports Series
Use of the LoRa Alliance® and LoRaWAN® marks is pursuant to license from the LoRa Alliance®.
Across these verticals, LoRaWAN demonstrates its unparalleled ability to deliver scalable, secure, and energy-efficient IoT solutions.
The reports emphasize the critical role of collaboration among solution providers, system integrators, and end users in maximizing
the benefits of LoRaWAN deployments. As IoT adoption accelerates, LoRaWAN continues to lead with its proven technology, robust
ecosystem, and exceptional ROI, solidifying its position as the leading LPWAN solution in the market.
