Selected research
Industry Growth & Trends
Global LPWAN IoT Module Industry Growth and Trends Forecast to 2032
Market perspective
The global LPWAN IoT Module market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for LPWAN IoT Module is projected 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 increase 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 projected to increase 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 Sierra Wireless, Thales, Huawei, LG Innotek, Telit, Quectel, u-blox, Tibbo and Cavli Wireless, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global LPWAN IoT Module market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The LPWAN IoT Module market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global LPWAN IoT Module market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to LPWAN IoT Module.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global LPWAN IoT Module market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of LPWAN IoT Module manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of LPWAN IoT Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global LPWAN IoT Module Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global LPWAN IoT Module Sales Estimates and Forecasts (2021-2032)
- 1.3 LPWAN IoT Module Market by Type
- 1.3.1 LoRa
- 1.3.2 NB-IoT
- 1.3.3 LTE-M
- 1.3.4 Sigfox
- 1.4 Global LPWAN IoT Module Market Size by Type
- 1.4.1 Global LPWAN IoT Module Market Size Overview by Type (2021-2032)
- 1.4.2 Global LPWAN IoT Module Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global LPWAN IoT Module Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America LPWAN IoT Module Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe LPWAN IoT Module Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific LPWAN IoT Module Sales Breakdown by Type (2021-2026)
- 1.5.4 South America LPWAN IoT Module Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa LPWAN IoT Module Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 LPWAN IoT Module Industry Trends
- 2.2 LPWAN IoT Module Industry Drivers
- 2.3 LPWAN IoT Module Industry Opportunities and Challenges
- 2.4 LPWAN IoT Module Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by LPWAN IoT Module Revenue (2021-2026)
- 3.2 Global Top Players by LPWAN IoT Module Sales (2021-2026)
- 3.3 Global Top Players by LPWAN IoT Module Price (2021-2026)
- 3.4 Global LPWAN IoT Module Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LPWAN IoT Module Major Company Production Sites & Headquarters
- 3.6 Global LPWAN IoT Module Company, Product Type & Application
- 3.7 Global LPWAN IoT Module Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global LPWAN IoT Module Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 LPWAN IoT Module Players Market Share by Revenue in 2025
- 3.8.3 2025 LPWAN IoT Module Tier 1, Tier 2, and Tier 3
4 LPWAN IoT Module Regional Status and Outlook
- 4.1 Global LPWAN IoT Module Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global LPWAN IoT Module Historic Market Size by Region
- 4.2.1 Global LPWAN IoT Module Sales in Volume by Region (2021-2026)
- 4.2.2 Global LPWAN IoT Module Sales in Value by Region (2021-2026)
- 4.2.3 Global LPWAN IoT Module Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global LPWAN IoT Module Forecasted Market Size by Region
- 4.3.1 Global LPWAN IoT Module Sales in Volume by Region (2027-2032)
- 4.3.2 Global LPWAN IoT Module Sales in Value by Region (2027-2032)
- 4.3.3 Global LPWAN IoT Module Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 LPWAN IoT Module by Application
- 5.1 LPWAN IoT Module Market by Application
- 5.1.1 Industry
- 5.1.2 Medical
- 5.1.3 Logistics
- 5.1.4 Retail
- 5.1.5 Transportation
- 5.1.6 Energy
- 5.1.7 Smart Home
- 5.1.8 Smart Agriculture
- 5.1.9 Smart City
- 5.1.10 Others
- 5.2 Global LPWAN IoT Module Market Size by Application
- 5.2.1 Global LPWAN IoT Module Market Size Overview by Application (2021-2032)
- 5.2.2 Global LPWAN IoT Module Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global LPWAN IoT Module Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America LPWAN IoT Module Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe LPWAN IoT Module Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific LPWAN IoT Module Sales Breakdown by Application (2021-2026)
- 5.3.4 South America LPWAN IoT Module Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa LPWAN IoT Module Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Sierra Wireless
- 6.1.1 Sierra Wireless Company Information
- 6.1.2 Sierra Wireless Business Overview
- 6.1.3 Sierra Wireless LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Sierra Wireless LPWAN IoT Module Product Portfolio
- 6.1.5 Sierra Wireless Recent Developments
- 6.2 Thales
- 6.2.1 Thales Company Information
- 6.2.2 Thales Business Overview
- 6.2.3 Thales LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Thales LPWAN IoT Module Product Portfolio
- 6.2.5 Thales Recent Developments
- 6.3 Huawei
- 6.3.1 Huawei Company Information
- 6.3.2 Huawei Business Overview
- 6.3.3 Huawei LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Huawei LPWAN IoT Module Product Portfolio
- 6.3.5 Huawei Recent Developments
- 6.4 LG Innotek
- 6.4.1 LG Innotek Company Information
- 6.4.2 LG Innotek Business Overview
- 6.4.3 LG Innotek LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 LG Innotek LPWAN IoT Module Product Portfolio
- 6.4.5 LG Innotek Recent Developments
- 6.5 Telit
- 6.5.1 Telit Company Information
- 6.5.2 Telit Business Overview
- 6.5.3 Telit LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Telit LPWAN IoT Module Product Portfolio
- 6.5.5 Telit Recent Developments
- 6.6 Quectel
- 6.6.1 Quectel Company Information
- 6.6.2 Quectel Business Overview
- 6.6.3 Quectel LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Quectel LPWAN IoT Module Product Portfolio
- 6.6.5 Quectel Recent Developments
- 6.7 u-blox
- 6.7.1 u-blox Company Information
- 6.7.2 u-blox Business Overview
- 6.7.3 u-blox LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 u-blox LPWAN IoT Module Product Portfolio
- 6.7.5 u-blox Recent Developments
- 6.8 Tibbo
- 6.8.1 Tibbo Company Information
- 6.8.2 Tibbo Business Overview
- 6.8.3 Tibbo LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Tibbo LPWAN IoT Module Product Portfolio
- 6.8.5 Tibbo Recent Developments
- 6.9 Cavli Wireless
- 6.9.1 Cavli Wireless Company Information
- 6.9.2 Cavli Wireless Business Overview
- 6.9.3 Cavli Wireless LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Cavli Wireless LPWAN IoT Module Product Portfolio
- 6.9.5 Cavli Wireless Recent Developments
- 6.10 Cheerzing
- 6.10.1 Cheerzing Company Information
- 6.10.2 Cheerzing Business Overview
- 6.10.3 Cheerzing LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Cheerzing LPWAN IoT Module Product Portfolio
- 6.10.5 Cheerzing Recent Developments
- 6.11 Fibocom
- 6.11.1 Fibocom Company Information
- 6.11.2 Fibocom Business Overview
- 6.11.3 Fibocom LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Fibocom LPWAN IoT Module Product Portfolio
- 6.11.5 Fibocom Recent Developments
- 6.12 Lierda
- 6.12.1 Lierda Company Information
- 6.12.2 Lierda Business Overview
- 6.12.3 Lierda LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Lierda LPWAN IoT Module Product Portfolio
- 6.12.5 Lierda Recent Developments
- 6.13 MeiG
- 6.13.1 MeiG Company Information
- 6.13.2 MeiG Business Overview
- 6.13.3 MeiG LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 MeiG LPWAN IoT Module Product Portfolio
- 6.13.5 MeiG Recent Developments
- 6.14 Multitech
- 6.14.1 Multitech Company Information
- 6.14.2 Multitech Business Overview
- 6.14.3 Multitech LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Multitech LPWAN IoT Module Product Portfolio
- 6.14.5 Multitech Recent Developments
- 6.15 Universal Scientific Industrial
- 6.15.1 Universal Scientific Industrial Company Information
- 6.15.2 Universal Scientific Industrial Business Overview
- 6.15.3 Universal Scientific Industrial LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Universal Scientific Industrial LPWAN IoT Module Product Portfolio
- 6.15.5 Universal Scientific Industrial Recent Developments
- 6.16 Amphenol
- 6.16.1 Amphenol Company Information
- 6.16.2 Amphenol Business Overview
- 6.16.3 Amphenol LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Amphenol LPWAN IoT Module Product Portfolio
- 6.16.5 Amphenol Recent Developments
- 6.17 Sequans Communications S.A.
- 6.17.1 Sequans Communications S.A. Company Information
- 6.17.2 Sequans Communications S.A. Business Overview
- 6.17.3 Sequans Communications S.A. LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Sequans Communications S.A. LPWAN IoT Module Product Portfolio
- 6.17.5 Sequans Communications S.A. Recent Developments
- 6.18 Diehl Group
- 6.18.1 Diehl Group Company Information
- 6.18.2 Diehl Group Business Overview
- 6.18.3 Diehl Group LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Diehl Group LPWAN IoT Module Product Portfolio
- 6.18.5 Diehl Group Recent Developments
- 6.19 CommScope
- 6.19.1 CommScope Company Information
- 6.19.2 CommScope Business Overview
- 6.19.3 CommScope LPWAN IoT Module Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 CommScope LPWAN IoT Module Product Portfolio
- 6.19.5 CommScope Recent Developments
7 North America by Country
- 7.1 North America LPWAN IoT Module Sales by Country
- 7.1.1 North America LPWAN IoT Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America LPWAN IoT Module Sales by Country (2021-2026)
- 7.1.3 North America LPWAN IoT Module Sales Forecast by Country (2027-2032)
- 7.2 North America LPWAN IoT Module Market Size by Country
- 7.2.1 North America LPWAN IoT Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America LPWAN IoT Module Market Size by Country (2021-2026)
- 7.2.3 North America LPWAN IoT Module Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe LPWAN IoT Module Sales by Country
- 8.1.1 Europe LPWAN IoT Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe LPWAN IoT Module Sales by Country (2021-2026)
- 8.1.3 Europe LPWAN IoT Module Sales Forecast by Country (2027-2032)
- 8.2 Europe LPWAN IoT Module Market Size by Country
- 8.2.1 Europe LPWAN IoT Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe LPWAN IoT Module Market Size by Country (2021-2026)
- 8.2.3 Europe LPWAN IoT Module Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific LPWAN IoT Module Sales by Country
- 9.1.1 Asia-Pacific LPWAN IoT Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific LPWAN IoT Module Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific LPWAN IoT Module Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific LPWAN IoT Module Market Size by Country
- 9.2.1 Asia-Pacific LPWAN IoT Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific LPWAN IoT Module Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific LPWAN IoT Module Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America LPWAN IoT Module Sales by Country
- 10.1.1 South America LPWAN IoT Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America LPWAN IoT Module Sales by Country (2021-2026)
- 10.1.3 South America LPWAN IoT Module Sales Forecast by Country (2027-2032)
- 10.2 South America LPWAN IoT Module Market Size by Country
- 10.2.1 South America LPWAN IoT Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America LPWAN IoT Module Market Size by Country (2021-2026)
- 10.2.3 South America LPWAN IoT Module Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa LPWAN IoT Module Sales by Country
- 11.1.1 Middle East and Africa LPWAN IoT Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa LPWAN IoT Module Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa LPWAN IoT Module Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa LPWAN IoT Module Market Size by Country
- 11.2.1 Middle East and Africa LPWAN IoT Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa LPWAN IoT Module Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa LPWAN IoT Module Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 LPWAN IoT Module Value Chain Analysis
- 12.1.1 LPWAN IoT Module Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 LPWAN IoT Module Production Mode & Process
- 12.2 LPWAN IoT Module Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 LPWAN IoT Module Distributors
- 12.2.3 LPWAN IoT Module Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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