Strategy Analytics forecasts that the market for all LPWA (Low Power, Wide Area) technologies (in licensed and unlicensed spectrum) is expected to grow at a 35% CAGR between 2018 and 2025. Licensed LPWA connections will lead the way at a 50% CAGR compared to unlicensed LPWA, which will grow at 21% CAGR between 2018 and 2025. NB IoT will be the leading technology by 2025, followed by LoRa, with LTE M with the third highest number of connections.
This report contains forecast data for all LPWA IoT connections, both licensed and unlicensed, by technology and region.