Market Forecast By Connectivity Technology (SIGFOX, LoRaWAN, Weigthless , Others), By Verticals (Agriculture , Smart Logistic and Transportation, Healthcare, Industrial Manufacturing, Oil and Gas, Consumer Electronics, Others), By Application (Smart Waste Management, Smart Buildings, Smart Gas and Water Metering, Smart Streetlights, Smart Parking, Livestock Monitoring, Others), By Network Deployment (Public Sector, Private Sector), By Technology Service (Managed Services, Professional Services) And Competitive Landscape
Product Code: ETC4382569 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
The South Africa Low Power Wide Area Network Market report thoroughly covers the market by Connectivity Technology, Verticals, Application, Network Deployment, and Technology Service. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Africa Low Power Wide Area Network Market has experienced growth in the past years as the LPWAN ecosystem in South Africa is characterized by a robust network infrastructure supported by established telecom operators and innovative startups. This has enabled widespread adoption of LPWAN technology, particularly in sectors such as agriculture, logistics, healthcare, and industrial manufacturing. The flexibility and cost-effectiveness of LPWAN make it an attractive option for enhancing operational efficiencies, enabling real-time data analytics, and supporting the Internet of Things (IoT) applications.
According to 6Wresearch, the South Africa Low Power Wide Area Network Market size is expected to grow at a significant CAGR of 25.6% during the forecast period from 2024-2030. One of the main drivers of the low power wide area network (LPWAN) market in South Africa is the growing demand for Internet of Things (IoT) solutions. LPWAN technology offers cost-effective and efficient connectivity for a wide range of IoT devices, including sensors, actuators, and other smart devices.
Another driver of the LPWAN market in South Africa is government initiatives to promote digital transformation and innovation. The South African government has implemented various programs to support the development of IoT infrastructure and encourage the adoption of emerging technologies.Despite the drivers, there are also some challenges that need to be addressed. One major challenge is the lack of standardization and compatibility between different LPWAN technologies. Another challenge is the limited coverage of LPWAN networks in rural areas. While urban cities have access to high-speed internet connectivity, many remote areas still struggle with poor or no internet access.
Several key players are prominent in the South African Low Power Wide Area Network (LPWAN) market, driving innovation and deployment of LPWAN technologies. Companies such as SqwidNet and Comsol are at the forefront, providing Sigfox and LoRaWAN network solutions respectively. These companies are complemented by international giants like Actility and Kerlink, who have established collaborative ventures in the region. Additionally, local technology firms and startups, including IoT.nxt and BinarySpace, are contributing significantly by offering tailored IoT and connectivity solutions suited to the unique demands of the South African landscape.
South Africa's government has been actively supporting the growth and adoption of Low Power Wide Area Network (LPWAN) technology in the country. The Department of Communications and Digital Technologies has set a goal to provide universal broadband access by 2030, with a focus on using LPWAN solutions for remote and rural areas. Additionally, the government has initiated several programs and partnerships to promote the development of LPWAN infrastructure.
The future of the low power wide area network market in South Africa looks promising with increasing investments in IoT infrastructure and rising demand for connected devices in various industries. The growing adoption of LPWAN technology by small and medium enterprises is also expected to drive market growth. Additionally, the increasing penetration of smart home and city solutions is likely to further boost the demand for LPWAN networks in the country.
According to Dhaval, Research Manager, 6Wresearch, the LoRaWAN segment is witnessing growth in the market due to its ability to provide long-range and low power consumption, making it ideal for various applications such as smart agriculture, industrial IoT, and smart cities.
Based on the Verticals, the agriculture sector is emerging as a leading vertical. Leveraging LPWAN technology, the agriculture industry is significantly enhancing productivity through precision farming, real-time monitoring of crops and livestock, and efficient resource management.
Based on the Application, smart waste management is witnessing significant growth in South Africa. With increasing concerns about sustainable waste disposal and the need for efficient collection and monitoring systems, LPWAN solutions are being adopted.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Low Power Wide Area Network Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Low Power Wide Area Network Market Revenues & Volume, 2020 & 2030F |
3.3 South Africa Low Power Wide Area Network Market - Industry Life Cycle |
3.4 South Africa Low Power Wide Area Network Market - Porter's Five Forces |
3.5 South Africa Low Power Wide Area Network Market Revenues & Volume Share, By Connectivity Technology, 2020 & 2030F |
3.6 South Africa Low Power Wide Area Network Market Revenues & Volume Share, By Verticals, 2020 & 2030F |
3.7 South Africa Low Power Wide Area Network Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 South Africa Low Power Wide Area Network Market Revenues & Volume Share, By Network Deployment, 2020 & 2030F |
3.9 South Africa Low Power Wide Area Network Market Revenues & Volume Share, By Technology Service, 2020 & 2030F |
4 South Africa Low Power Wide Area Network Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Low Power Wide Area Network Market Trends |
6 South Africa Low Power Wide Area Network Market, By Types |
6.1 South Africa Low Power Wide Area Network Market, By Connectivity Technology |
6.1.1 Overview and Analysis |
6.1.2 South Africa Low Power Wide Area Network Market Revenues & Volume, By Connectivity Technology, 2020 - 2030F |
6.1.3 South Africa Low Power Wide Area Network Market Revenues & Volume, By SIGFOX, 2020 - 2030F |
6.1.4 South Africa Low Power Wide Area Network Market Revenues & Volume, By LoRaWAN, 2020 - 2030F |
6.1.5 South Africa Low Power Wide Area Network Market Revenues & Volume, By Weigthless , 2020 - 2030F |
6.1.6 South Africa Low Power Wide Area Network Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 South Africa Low Power Wide Area Network Market, By Verticals |
6.2.1 Overview and Analysis |
6.2.2 South Africa Low Power Wide Area Network Market Revenues & Volume, By Agricultureย , 2020 - 2030F |
6.2.3 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Logistic and Transportation, 2020 - 2030F |
6.2.4 South Africa Low Power Wide Area Network Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.2.5 South Africa Low Power Wide Area Network Market Revenues & Volume, By Industrial Manufacturing, 2020 - 2030F |
6.2.6 South Africa Low Power Wide Area Network Market Revenues & Volume, By Oil and Gas, 2020 - 2030F |
6.2.7 South Africa Low Power Wide Area Network Market Revenues & Volume, By Consumer Electronics, 2020 - 2030F |
6.3 South Africa Low Power Wide Area Network Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Waste Management, 2020 - 2030F |
6.3.3 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Buildings, 2020 - 2030F |
6.3.4 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Gas and Water Metering, 2020 - 2030F |
6.3.5 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Streetlights, 2020 - 2030F |
6.3.6 South Africa Low Power Wide Area Network Market Revenues & Volume, By Smart Parking, 2020 - 2030F |
6.3.7 South Africa Low Power Wide Area Network Market Revenues & Volume, By Livestock Monitoring, 2020 - 2030F |
6.4 South Africa Low Power Wide Area Network Market, By Network Deployment |
6.4.1 Overview and Analysis |
6.4.2 South Africa Low Power Wide Area Network Market Revenues & Volume, By Public Sector, 2020 - 2030F |
6.4.3 South Africa Low Power Wide Area Network Market Revenues & Volume, By Private Sector, 2020 - 2030F |
6.5 South Africa Low Power Wide Area Network Market, By Technology Service |
6.5.1 Overview and Analysis |
6.5.2 South Africa Low Power Wide Area Network Market Revenues & Volume, By Managed Services, 2020 - 2030F |
6.5.3 South Africa Low Power Wide Area Network Market Revenues & Volume, By Professional Services, 2020 - 2030F |
7 South Africa Low Power Wide Area Network Market Import-Export Trade Statistics |
7.1 South Africa Low Power Wide Area Network Market Export to Major Countries |
7.2 South Africa Low Power Wide Area Network Market Imports from Major Countries |
8 South Africa Low Power Wide Area Network Market Key Performance Indicators |
9 South Africa Low Power Wide Area Network Market - Opportunity Assessment |
9.1 South Africa Low Power Wide Area Network Market Opportunity Assessment, By Connectivity Technology, 2020 & 2030F |
9.2 South Africa Low Power Wide Area Network Market Opportunity Assessment, By Verticals, 2020 & 2030F |
9.3 South Africa Low Power Wide Area Network Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 South Africa Low Power Wide Area Network Market Opportunity Assessment, By Network Deployment, 2020 & 2030F |
9.5 South Africa Low Power Wide Area Network Market Opportunity Assessment, By Technology Service, 2020 & 2030F |
10 South Africa Low Power Wide Area Network Market - Competitive Landscape |
10.1 South Africa Low Power Wide Area Network Market Revenue Share, By Companies, 2023 |
10.2 South Africa Low Power Wide Area Network Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |