NB-IoT and LoRa dominate the LPWAN IoT market

Research from Omdia finds the Low Power Wide Area Network (LPWAN) IoT connections landscape is overwhelmingly dominated by NB-IoT and LoRa, which together accounted for 87% of total connections in 2023. This dominance is projected to continue, with these two technologies maintaining 86% of all LPWAN connections by 2030. NB-IoT’s significant growth is primarily driven…