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Industry Research
LPWAN IoT Module Industry Research Report 2026
Market perspective
The global LPWAN IoT Module market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for LPWAN IoT Module is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for LPWAN IoT Module is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for LPWAN IoT Module is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of LPWAN IoT Module include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global LPWAN IoT Module market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to LPWAN IoT Module.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
LPWAN IoT Module Market by Company
Sierra Wireless
Thales
Huawei
LG Innotek
Telit
Quectel
u-blox
Tibbo
Cavli Wireless
Cheerzing
Fibocom
Lierda
MeiG
Multitech
Universal Scientific Industrial
Amphenol
Sequans Communications S.A.
Diehl Group
CommScope
LPWAN IoT Module Segment by Type
LoRa
NB-IoT
LTE-M
Sigfox
LPWAN IoT Module Segment by Application
Industry
Medical
Logistics
Retail
Transportation
Energy
Smart Home
Smart Agriculture
Smart City
Others
LPWAN IoT Module Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LPWAN IoT Module market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of LPWAN IoT Module and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LPWAN IoT Module.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of LPWAN IoT Module manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of LPWAN IoT Module by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of LPWAN IoT Module in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- LoRa
- NB-IoT
- LTE-M
- Sigfox
Applications
- Industry
- Medical
- Logistics
- Retail
- Transportation
- Energy
- Smart Home
- Smart Agriculture
- Smart City
- Others
Companies covered
- Sierra Wireless
- Thales
- Huawei
- LG Innotek
- Telit
- Quectel
- u-blox
- Tibbo
- Cavli Wireless
- Cheerzing
- Fibocom
- Lierda
- MeiG
- Multitech
- Universal Scientific Industrial
- Amphenol
- Sequans Communications S.A.
- Diehl Group
- CommScope
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 LPWAN IoT Module by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 LoRa
- 2.2.3 NB-IoT
- 2.2.4 LTE-M
- 2.2.5 Sigfox
- 2.3 LPWAN IoT Module by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Industry
- 2.3.3 Medical
- 2.3.4 Logistics
- 2.3.5 Retail
- 2.3.6 Transportation
- 2.3.7 Energy
- 2.3.8 Smart Home
- 2.3.9 Smart Agriculture
- 2.3.10 Smart City
- 2.3.11 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global LPWAN IoT Module Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global LPWAN IoT Module Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global LPWAN IoT Module Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global LPWAN IoT Module Production by Manufacturers (2021-2026)
- 3.2 Global LPWAN IoT Module Production Value by Manufacturers (2021-2026)
- 3.3 Global LPWAN IoT Module Average Price by Manufacturers (2021-2026)
- 3.4 Global LPWAN IoT Module Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LPWAN IoT Module Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global LPWAN IoT Module Manufacturers, Product Type & Application
- 3.7 Global LPWAN IoT Module Manufacturers Established Date
- 3.8 Global LPWAN IoT Module Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Sierra Wireless
- 4.1.1 Sierra Wireless LPWAN IoT Module Company Information
- 4.1.2 Sierra Wireless LPWAN IoT Module Business Overview
- 4.1.3 Sierra Wireless LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.1.4 Sierra Wireless Product Portfolio
- 4.1.5 Sierra Wireless Recent Developments
- 4.2 Thales
- 4.2.1 Thales LPWAN IoT Module Company Information
- 4.2.2 Thales LPWAN IoT Module Business Overview
- 4.2.3 Thales LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.2.4 Thales Product Portfolio
- 4.2.5 Thales Recent Developments
- 4.3 Huawei
- 4.3.1 Huawei LPWAN IoT Module Company Information
- 4.3.2 Huawei LPWAN IoT Module Business Overview
- 4.3.3 Huawei LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.3.4 Huawei Product Portfolio
- 4.3.5 Huawei Recent Developments
- 4.4 LG Innotek
- 4.4.1 LG Innotek LPWAN IoT Module Company Information
- 4.4.2 LG Innotek LPWAN IoT Module Business Overview
- 4.4.3 LG Innotek LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.4.4 LG Innotek Product Portfolio
- 4.4.5 LG Innotek Recent Developments
- 4.5 Telit
- 4.5.1 Telit LPWAN IoT Module Company Information
- 4.5.2 Telit LPWAN IoT Module Business Overview
- 4.5.3 Telit LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.5.4 Telit Product Portfolio
- 4.5.5 Telit Recent Developments
- 4.6 Quectel
- 4.6.1 Quectel LPWAN IoT Module Company Information
- 4.6.2 Quectel LPWAN IoT Module Business Overview
- 4.6.3 Quectel LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.6.4 Quectel Product Portfolio
- 4.6.5 Quectel Recent Developments
- 4.7 u-blox
- 4.7.1 u-blox LPWAN IoT Module Company Information
- 4.7.2 u-blox LPWAN IoT Module Business Overview
- 4.7.3 u-blox LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.7.4 u-blox Product Portfolio
- 4.7.5 u-blox Recent Developments
- 4.8 Tibbo
- 4.8.1 Tibbo LPWAN IoT Module Company Information
- 4.8.2 Tibbo LPWAN IoT Module Business Overview
- 4.8.3 Tibbo LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.8.4 Tibbo Product Portfolio
- 4.8.5 Tibbo Recent Developments
- 4.9 Cavli Wireless
- 4.9.1 Cavli Wireless LPWAN IoT Module Company Information
- 4.9.2 Cavli Wireless LPWAN IoT Module Business Overview
- 4.9.3 Cavli Wireless LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.9.4 Cavli Wireless Product Portfolio
- 4.9.5 Cavli Wireless Recent Developments
- 4.10 Cheerzing
- 4.10.1 Cheerzing LPWAN IoT Module Company Information
- 4.10.2 Cheerzing LPWAN IoT Module Business Overview
- 4.10.3 Cheerzing LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.10.4 Cheerzing Product Portfolio
- 4.10.5 Cheerzing Recent Developments
- 4.11 Fibocom
- 4.11.1 Fibocom LPWAN IoT Module Company Information
- 4.11.2 Fibocom LPWAN IoT Module Business Overview
- 4.11.3 Fibocom LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.11.4 Fibocom Product Portfolio
- 4.11.5 Fibocom Recent Developments
- 4.12 Lierda
- 4.12.1 Lierda LPWAN IoT Module Company Information
- 4.12.2 Lierda LPWAN IoT Module Business Overview
- 4.12.3 Lierda LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.12.4 Lierda Product Portfolio
- 4.12.5 Lierda Recent Developments
- 4.13 MeiG
- 4.13.1 MeiG LPWAN IoT Module Company Information
- 4.13.2 MeiG LPWAN IoT Module Business Overview
- 4.13.3 MeiG LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.13.4 MeiG Product Portfolio
- 4.13.5 MeiG Recent Developments
- 4.14 Multitech
- 4.14.1 Multitech LPWAN IoT Module Company Information
- 4.14.2 Multitech LPWAN IoT Module Business Overview
- 4.14.3 Multitech LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.14.4 Multitech Product Portfolio
- 4.14.5 Multitech Recent Developments
- 4.15 Universal Scientific Industrial
- 4.15.1 Universal Scientific Industrial LPWAN IoT Module Company Information
- 4.15.2 Universal Scientific Industrial LPWAN IoT Module Business Overview
- 4.15.3 Universal Scientific Industrial LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.15.4 Universal Scientific Industrial Product Portfolio
- 4.15.5 Universal Scientific Industrial Recent Developments
- 4.16 Amphenol
- 4.16.1 Amphenol LPWAN IoT Module Company Information
- 4.16.2 Amphenol LPWAN IoT Module Business Overview
- 4.16.3 Amphenol LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.16.4 Amphenol Product Portfolio
- 4.16.5 Amphenol Recent Developments
- 4.17 Sequans Communications S.A.
- 4.17.1 Sequans Communications S.A. LPWAN IoT Module Company Information
- 4.17.2 Sequans Communications S.A. LPWAN IoT Module Business Overview
- 4.17.3 Sequans Communications S.A. LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.17.4 Sequans Communications S.A. Product Portfolio
- 4.17.5 Sequans Communications S.A. Recent Developments
- 4.18 Diehl Group
- 4.18.1 Diehl Group LPWAN IoT Module Company Information
- 4.18.2 Diehl Group LPWAN IoT Module Business Overview
- 4.18.3 Diehl Group LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.18.4 Diehl Group Product Portfolio
- 4.18.5 Diehl Group Recent Developments
- 4.19 CommScope
- 4.19.1 CommScope LPWAN IoT Module Company Information
- 4.19.2 CommScope LPWAN IoT Module Business Overview
- 4.19.3 CommScope LPWAN IoT Module Production, Value and Gross Margin (2021-2026)
- 4.19.4 CommScope Product Portfolio
- 4.19.5 CommScope Recent Developments
5 Global LPWAN IoT Module Production by Region
- 5.1 Global LPWAN IoT Module Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global LPWAN IoT Module Production by Region: 2021-2032
- 5.2.1 Global LPWAN IoT Module Production by Region: 2021-2026
- 5.2.2 Global LPWAN IoT Module Production Forecast by Region (2027-2032)
- 5.3 Global LPWAN IoT Module Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global LPWAN IoT Module Production Value by Region: 2021-2032
- 5.4.1 Global LPWAN IoT Module Production Value by Region: 2021-2026
- 5.4.2 Global LPWAN IoT Module Production Value Forecast by Region (2027-2032)
- 5.5 Global LPWAN IoT Module Market Price Analysis by Region (2021-2026)
- 5.6 Global LPWAN IoT Module Production and Value, YOY Growth
- 5.6.1 North America LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea LPWAN IoT Module Production Value Estimates and Forecasts (2021-2032)
6 Global LPWAN IoT Module Consumption by Region
- 6.1 Global LPWAN IoT Module Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global LPWAN IoT Module Consumption by Region (2021-2032)
- 6.2.1 Global LPWAN IoT Module Consumption by Region: 2021-2026
- 6.2.2 Global LPWAN IoT Module Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America LPWAN IoT Module Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America LPWAN IoT Module Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe LPWAN IoT Module Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe LPWAN IoT Module Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific LPWAN IoT Module Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific LPWAN IoT Module Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa LPWAN IoT Module Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa LPWAN IoT Module Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global LPWAN IoT Module Production by Type (2021-2032)
- 7.1.1 Global LPWAN IoT Module Production by Type (2021-2032) & (k units)
- 7.1.2 Global LPWAN IoT Module Production Market Share by Type (2021-2032)
- 7.2 Global LPWAN IoT Module Production Value by Type (2021-2032)
- 7.2.1 Global LPWAN IoT Module Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global LPWAN IoT Module Production Value Market Share by Type (2021-2032)
- 7.3 Global LPWAN IoT Module Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global LPWAN IoT Module Production by Application (2021-2032)
- 8.1.1 Global LPWAN IoT Module Production by Application (2021-2032) & (k units)
- 8.1.2 Global LPWAN IoT Module Production Market Share by Application (2021-2032)
- 8.2 Global LPWAN IoT Module Production Value by Application (2021-2032)
- 8.2.1 Global LPWAN IoT Module Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global LPWAN IoT Module Production Value Market Share by Application (2021-2032)
- 8.3 Global LPWAN IoT Module Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 LPWAN IoT Module Value Chain Analysis
- 9.1.1 LPWAN IoT Module Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 LPWAN IoT Module Production Mode & Process
- 9.2 LPWAN IoT Module Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 LPWAN IoT Module Distributors
- 9.2.3 LPWAN IoT Module Customers
10 Global LPWAN IoT Module Analyzing Market Dynamics
- 10.1 LPWAN IoT Module Industry Trends
- 10.2 LPWAN IoT Module Industry Drivers
- 10.3 LPWAN IoT Module Industry Opportunities and Challenges
- 10.4 LPWAN IoT Module Industry Restraints
11 Report Conclusion
12 Disclaimer
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