Low-power wide-area networks (LPWANs) are gaining traction globally for their extended coverage, low transmission rate, long battery life, and beneficial cost savings in operations, capabilities that are determinantal to enabling massive Internet of Things (IoT) deployment. Although more than 16 technologies are competing in the global LPWAN landscape, the top disruptors in the Latin American LPWAN market are NB-IoT, LTE-M, LoRaWAN, and Sigfox.
The volume of businesses demanding LPWAN technologies to improve IoT and machine-to-machine (M2M) solutions is growing steadily and resulting in earning potential for LPWAN operators. For Latin American operators to gain growth capacity, they must realize the criticality of finding ways to innovate alongside partners and create collaborative ecosystems with IoT centers that promote R&D, test new projects with LPWAN and cutting-edge technologies, and develop LPWAN-based solutions for new verticals deploying IoT, including logistics, smart cities, industrial, healthcare, and security.
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