As the IoT grows, businesses look to low power wide area network solutions to aid their growth in a number of promising sectors
The concepts of machine to machine communication (M2M) and the Internet of Things (IoT) have permanently changed the value chain of every business today. With the impending shutdown of 2G networks, organizations have been on the lookout for networks that can serve the vast expanse of industrial connectivity, which has consequently generated a wide scope for low power wide area network solutions (LPWANs). LPWANs such as SigFox, LoRaWAN and others have come to gain more popularity than existing connectivity options like Ethernet, cellular, satellite, Bluetooth and Wi-Fi due to their ability to address key limitations of the conventional networking technologies such as range, cost and battery life.
The global LPWAN market, slated to surpass a remuneration portfolio of $65bn by 2025 by Global Market Insights, has been touted to gain traction mainly due to the increasing proliferation of IoT that can be credited for prompting a spate of innovations in the technology cosmos. With the deployment and implementation of low-cost sensors, businesses, consumers, cities and entire nations have the opportunity to revolutionize value creation by providing data to transform economies, markets, and outcomes. The expansion graphs of LPWAN technologies and the Industrial Internet of Things (IIoT), in essence, are directly proportional and are bound to remain so in the years to come.
So, we take a look at some of prevalent use cases for LPWAN technologies.
Smart cities are possibly the most ambitious concept of recent times in which entire cities are planned to be bound together by IoT sensors. A smart city integrates advanced green technologies to create a sustainable environment capable of delivering high living standards while leading the way for CO2 neutrality and delivering solutions that are cost effective and efficient. It is a healthy, energy-efficient city that uses renewable energy sources as much as possible, including biomass and waste.
Deployments of the IoT and M2M within a smart city spans a diverse range of public services and infrastructure including public transport, intelligent traffic management such as parking space management, traffic volume monitoring, congestion charging and road tolls, traffic lights and enforcement cameras, environment and public safety and public space advertising.
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