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LoRaWAN has become the global Internet of Things standard, and LoRa will win 50 percent of the market in the LPWAN field

Published Time: 2022-11-22 11:47:57
LoRa is a wireless connection technology belonging to LPWA.

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LoRa is a wireless connection technology belonging to LPWA.

 It has the characteristics of low power consumption, long distance and high capacity. It belongs to the definition of the physical layer, while LoRaWAN defines the MAC protocol layer, which specifically stipulates the protocol from the terminal to the gateway and then to the cloud platform. Handshake, just like Wifi's 802.11.

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This year, LoRaWAN officially became the international standard of the Internet of Things approved by the ITU. What does this mean? Obviously, the ending was a mixed bag. LoRaWAN is characterized by low cost, long-distance communication, and low power consumption. This advantage can bring great value to society. But in 2020, the first common vulnerability of the LoRaWAN protocol stack was exposed, and hundreds of millions of IoT devices around the world were affected at that time.

The current development of LoRa is manifested in the continuous expansion of global deployment and broad prospects for the Industrial Internet of Things. But on the other hand, in the development of the LoRa field, we must also be careful of some surrounding barriers: the application and ecology of IoT technology are sinking at an accelerated rate.

 

The LPWAN market is undergoing changes. How will the 2.7 billion connection market be allocated in the future? Some professional analysts predict that the LPWAN market will exceed USD 80 billion in 2027. In the LPWAN market, the two trump cards of NB-IoT and LoRa are confronting each other, and small and medium players are "looking for scum in the soup". In short, the share of LoRa technology in the LPWAN market has continued to increase.

 

Today, NB-IoT and LoRa account for 83% of the market share, and the duel between the two has become a battle for the C position in the era of Internet of Things technology. Who is the future of the Internet of Things?

 

The low-power satellite Internet of Things has become a game-changer, and nano-satellites are expected to become an ideal choice for low-power wide-area coverage of the Internet of Things.

Nanosatellites are said to be small artificial satellites that can improve the global coverage of 5G IoT. Earlier this year, Orca Systems ORC3990, a low-power satellite IoT SoC, was revealed to work with the Totum low-Earth orbit network. Obviously, moving base stations to the sky has become a "dimension-enhancing" competition for the Internet of Things. Some experts pointed out that the low-orbit satellite Internet of Things has brought about a revolution in globalization. Unlocking the true potential of the IoT through low-cost satellite communications is bringing IoT to maturity.

 

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In the past, LoRa's terminal nodes have exceeded 280 million and won 50% of the LPWAN IoT market.

1. This is all due to the fact that the LoRa Alliance announced three new specifications in the early years, which promoted LoRa to seize the global market and fill the gap in IoT technology. It is reported that the "Four King Kongs" of LPWAN technology will have a market of nearly 3 billion, and the application of LoRa is also accelerating.

2. More than 2.2 million gateways have been deployed worldwide. It can be seen that the ecological value of LoRa is extending, and LoRa finally saw a rainbow after the large-scale commercial storm.


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