Sigfox and LoRa to challenge cellular IoT for next five years
September 11, 2019
Sigfox and LoRa will provide stern competition to low-power cellular IoT technologies over the next five years, according to Juniper Research.
The research company predicts that revenues from low-power IoT technologies will exceed $2.6bn by 2024, rising from only $290m in 2019, a growth of 800% over the next five years.
Low-power IoT technologies include low-priced wireless connections that deliver low bandwidth and power saving features suited to asset monitoring.
The research found that the number of cellular low-power IoT connections will reach 156 million by 2024, growing from four million in 2019. It argues that decreasing costs of these connections, including LTE-M and NB-IoT, will attract new IoT network users who require low-cost deployments.
However, the research found that networks using an unlicensed spectrum, such as Sigfox and LoRa, will provide stern competition to cellular low-power IoT technologies. The low investment cost of unlicensed spectrum networks, enabled by cost-effective network devices, will drive adoption to exceed 160 million connections by 2024.
In response, it urged low-power IoT service providers to offer existing cellular technologies, such as 4G and 5G, in tandem with low-power IoT alternatives to increase the capabilities of IoT networks.
The research identified smart cities as a sector primed for disruption by low-power IoT technologies. It highlighted use cases such as smart traffic monitoring, smart parking and connected refuse collection, as those that will benefit from low-cost wireless connectivity.
“The concept of a smart city has been hindered by the substantial investment required and lack of clarity on securing a return on this investment,” said research author Sam Barker. “These low-cost IoT technologies enable stakeholders to secure this return on investment earlier and take full advantage of the smart city proposition.”
Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.
• Raltron Electronics, a specialist in high performance frequency management products, has joined the Sigfox Partner Network, a growing ecosystem that helps companies find the optimum product for their IoT deployment use case.
Raltron offers a wide range of antennas, crystals, TCXOs, filters and RF cable assemblies tailored to meet the requirements of Sigfox applications. It also provides design help including customisation and circuit matching for antenna and oscillators.
"Many different elements impact the quality of Sigfox connectivity, however the device antenna is the only component that can significantly reduce the link budget," said Ross Weiss, VP of sales and marketing at Raltron. "The Raltron Sigfox antenna offering includes more than 20 antennas to chose from to help engineers simplify the design, development and implementation of IoT and M2M use cases."