Lora And Lorawan Iot Market Worth $32.7 Billion By 2029- Exclusive Report By Marketsandmarkets

The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029, growing at a CAGR of 32.4% during 2024-2029. The market is driven by the increasing demand for low-power, long-range connectivity solutions for IoT devices. The LoRaWAN ecosystem is continuously evolving and offers a wide range of vendors providing LoRa-compliant devices, gateways, and network management solutions.