LoRa Alliance Releases 2024 Annual Report: Key Trends in LoRaWAN Adoption – IoT Business News

IoT network
LoRaWAN® Expanded Market Leadership with Strong Global Traction
The report provides a compilation of the LoRaWAN’s advances and LoRa Alliance achievements throughout the year that contributed to LoRaWAN emerging as the only LPWAN positioned to support Massive IoT. This year’s report also showcases LoRaWAN’s prominence as an essential and irreplaceable technology supporting global digital transformation.
Key trends identified in the report include:
Alper Yegin, CEO of the LoRa Alliance, said:
“2024 was in many ways a watershed year for digital transformation and broad adoption of Internet of Things, which bridges the physical and digital worlds.”
“We believe that digital transformation is necessary for humanity’s evolution, with immense potential to help people and the planet while driving economic growth. Over the past few years, LoRaWAN has cemented its position as a foundational and market-leading LPWAN technology. Backed by our global ecosystem, we are making Massive IoT a reality and are rapidly scaling deployments. The future is bright for LoRaWAN and as an Alliance we will remain focused on expanding our ecosystem, continuing to educate the market and build awareness, as well as ongoing technology enhancements to the standard to accelerate adoption.”
Additional highlights from the 2024 End of Year report include:
Quantum Computing and IoT: A Future of Promise and Peril By the IoT Business News team. The intersection of quantum…
DeepSeek R1’s implications: Winners and losers in… The recent release of DeepSeek’s R1 model has sent shockwaves…
The number of connected heavy commercial vehicle… Berg Insight just released new findings about the market for…
Must-Attend Marketing Conferences in the UK Prepare for a compelling array of essential marketing conferences and…
Retrieval Augmented Generation: The Secret to… Retrieval Augmented Generation (RAG) is an innovative approach in artificial…