LoRa and Sigfox have maintained and extended their market-share lead over their cellular equivalents LTE-M and NB-IoT, as the latter technologies have been “plagued by network hardware and connectivity module issues. LoRa has been boosted by the rollout of private networks, and Sigfox remains a popular choice for public network operations.
Most low-power wide-areas (LPWA) network connections will be on LoRa and Sigfox through 2024, at least. By 2026, LTE-M and NB-IoT will combine to capture a greater share of more than 60 per cent of total LPWA connections.