Massive Internet of Things (IoT) is transforming industries, enabling new applications in asset tracking, smart metering, intelligent agriculture, fleet management, and smart cities. At the heart of this evolution are non-licensed low-power wide-area networks (LPWANs), which provide cost-effective, long-range, and low-power connectivity for IoT devices. Further, with LPWAN connections growing by 22.7% just in 2024, businesses feel the urgency of harnessing these technologies for optimized power consumption, extended coverage, and scalable IoT deployments. Now, as adoption accelerates, industry incumbents are striving to address security, interoperability, and network reliability concerns associated with emerging LPWAN platforms and maximize customer value.
The question then is—Which providers and solutions will help your organization take advantage of new developments in non-licensed LPWAN technologies?
Frost & Sullivan’s detailed analysis evaluates growth and innovation strategies of 7 IoT connectivity companies, to reveal:
- Emerging megatrends and business models in non-licensed LPWAN.
- Strategies for enhanced IoT monitoring and IoT device control.
- Best practices in non-licensed LPWAN connectivity platforms.
- Growth opportunities in massive IoT.
Revealed: Lucrative Growth Opportunities for IoT Providers
Looking ahead, with non-licensed LPWAN technologies projected to cross 1.14 billion connections by 2028, the following avenues offer new ways for providers to differentiate themselves:
- Verticalized Platforms: developing specialized IoT connectivity platforms and solutions for the utilities segment by prioritizing smart metering projects in electricity, gas, and water tracking.
- Geographic Expansion: creating local ecosystems with device manufacturers, network operators, system integrators, and solution providers in geographies like South and East Asia, India, and Latin America.
- Multi-protocol IoT: allowing users more flexibility and the ability to integrate dispersed devices/systems by supporting multiple connectivity protocols (LoRaWAN, Sigfox, RPMA, WI-SUN, and mioty®), thereby expanding customer reach.
Are you equipped with the right tools to calculate the ROI potential of these growth opportunities?
Next Steps: Future-Proof Your Organization’s IoT Initiatives
As the demand for scalable, low-power connectivity grows, non-licensed LPWAN platforms are emerging as critical enablers of massive IoT. These solutions empower organizations to monitor and manage IoT devices across diverse environments—from cities to supply chains. To stay competitive, enterprises must evaluate which connectivity solutions deliver the reliability, coverage, and flexibility required for their specific growth goals.
