LPWAN Devices by Technology
Count of Case Studies
0
50
100
150
200
250
300
350
400
450
Sigfox NB-IoT LTE-M NB-IoT &
LTE-M
Multiple Unspecified
Currently Deployed LoRaWAN
®
Devices
More than 110 Millions
Note: Device counts may not include on-prem/private deployments
410M+ LoRa ICs Semtech
9.3M+ devices Zenner
5M devices (meters), adding 1M/yr Veolia
4,25M+ devices, 50% CAGR Actility
3M+ devices, 40% CAGR
The Things
Industries
3M+ devices Netmore
~20% device CAGR, 11+% gateways Swisscom
"Although NB IoT is the leading LPWAN technology,
90% of its connections are in the Asia and Oceania
region (mostly China), while LoRaWAN remains the
leading LPWAN connectivity technology outside
China"
200K
0
400K
800K
600K
1M
1.2M
1.4M
1.8M
1.6M
2M
LoRa
Sigfox
NB-IoT LTE-M Other
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Source: Transforma Insights
Thousands of devices. Source: Omdia
