LPWAN Chipset Market Size To Worth USD 15.32 Billion By 2033 Increasing Need For Low-Power Connectivity Augment Market Expansion SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) The U.S. LPWAN Chipset Market is estimated at USD 0.75 Billion in 2025E and is projected to reach USD 3.43 Billion by 2033, Owing to the increasing adoption of IoT applications across smart cities, industrial automation, agriculture, healthcare, and utilities.

Austin, Jan. 05, 2026 (GLOBE NEWSWIRE) -- LPWAN Chipset Market Size & Growth Insights:

According to the SNS Insider,“The LPWAN Chipset Market Size was valued at USD 3.7 Billion in 2025E and is projected to reach USD 15.32 Billion by 2033, growing at a CAGR of 19.44% during 2026–2033.”

Next-Generation LoRa Technology is Driving the LPWAN Adoption Globally

The LPWAN industry is mostly driven by advanced LoRa technology, which makes low-power, long-range IoT connectivity possible in smart cities, industrial automation, utilities, and agriculture. Scalable, economical deployments are made possible by improved data rates, multi-band support, and AI integration. Adoption is strengthened by LoRaWAN's established ecosystem and worldwide compatibility, while energy-efficient modules lower operating costs and environmental effect.

Get a Sample Report of LPWAN Chipset Market Forecast @

Leading Market Players with their Product Listed in this Report are:

• Semtech Corporation
• Qualcomm Technologies, Inc.
• STMicroelectronics
• Texas Instruments Incorporated
• Nordic Semiconductor ASA
• NXP Semiconductors N.V.
• Silicon Laboratories Inc.
• Microchip Technology Inc.
• Huawei Technologies Co., Ltd.
• Sony Semiconductor Solutions Corporation
• U-blox Holding AG
• Mediatek Inc.
• Murata Manufacturing Co., Ltd.
• Telink Semiconductor Co., Ltd.
• Sierra Wireless, Inc.
• Altair Semiconductor (Sony Group)
• Sequans Communications S.A.
• Espressif Systems
• Renesas Electronics Corporation
• NEC Corporation

LPWAN Chipset Market Report Scope:

Report Attributes	Details
Market Size in 2025E	USD 3.7 Billion
Market Size by 2033	USD 15.32 Billion
CAGR	CAGR of 19.44% From 2026 to 2033
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation	. By Technology (NB-IoT, LoRa, Sigfox, LTE-M and Others) . By Application (Smart Metering, Asset Tracking, Smart Agriculture, Smart Cities, Industrial IoT, Consumer Electronics and Others) . By Frequency Band (Sub-GHz, 2.4 GHz and Others) . By End User (Utilities, Transportation & Logistics, Healthcare, Manufacturing, Agriculture, Consumer Electronics and Others)

Purchase Single User PDF of LPWAN Chipset Market Report (20% Discount) @

LPWA in 6G Faces Fragmented Standards and High Costs Challenges Restraining Market Expansion

LPWA connectivity in 6G is subject to a number of significant limitations, despite its encouraging potential. Market expansion may be slowed by fragmented standard acceptance, expensive initial implementation, and incompatibilities with older 4G networks. Rapid rollouts may be hampered by lengthy certification procedures, limited spectrum availability, and issues with device interoperability. Seamless global deployment is further hampered by energy limitations for ultra-low-power devices, worries about network security, and inconsistent regional regulatory frameworks.

Key Industry Segmentation Analysis

By Technology

NB-IoT segment dominates the market in 2025 with 48.75% share due to wide coverage, low-power performance, and strong adoption in smart metering, utilities, and asset tracking. LTE-M & Others segment is expected to grow with a CAGR of 23.19% globally driven by rising demand for higher data rates, mobility, and advanced IoT connectivity needs.

By Application

The market was dominated by the Smart Metering segment with 25.50% share in 2025 owing to large-scale utility deployments, remote monitoring, and billing accuracy needs. Industrial IoT segment is expected to lead the market with a CAGR of 21.94% driven by factory automation, predictive maintenance, asset monitoring, and rising digital transformation across manufacturing and industrial operations globally.

By Frequency Band

Sub-GHz band segment led the market with a share of 64.38% in 2025 due to its superior long-range capability, deep indoor penetration, and low-power performance ideal for LPWAN deployments. 2.4 GHz band is the fastest-growing segment with a CAGR of 21.10% due to higher bandwidth demand, global standardization, and increasing adoption in IoT devices requiring faster data transmission.

By End-User

The market was led the utilities segment holding a share of 27.50% in 2025 driven by smart grid programs, automated metering, energy analytics, and infrastructure modernization. Healthcare segment is expected to grow with a CAGR of 23.19% supported by remote monitoring, medical wearables, connected diagnostics, and rising IoT adoption to enhance patient care efficiency and outcomes.

Regional Insights:

Asia Pacific dominates the LPWAN Chipset market with a share of 39.50% in 2025, driven by rapid IoT adoption, smart city deployments, and strong manufacturing ecosystems. Growing investments in smart agriculture, utilities, and logistics, along with expanding telecom infrastructure and government-led digitalization programs, further strengthen the region's leadership globally.

North America is the fastest-growing region in the LPWAN Chipset market, growing with a CAGR of 21.17% globally, fueled by rising IoT adoption, expanding smart infrastructure projects, and strong investments in asset tracking and industrial automation.

Do you have any specific queries or need any customized research on LPWAN Chipset Market? Schedule a Call with Our Analyst Team @

Recent Developments:

• In September 2024, Qualcomm Technologies completed the acquisition of Sequans Communications' 4G IoT technology adding LTE-M, NB-IoT, and LTE Cat 1bis solutions to its IoT portfolio for enhanced low-power connectivity in industrial applications.
• In November 2025, STMicroelectronics introduced two new ST87M01 NB-IoT modules, adding optional GNSS and Wi-Fi geolocation for smart logistics, metering, lighting, and healthcare applications. The launch is supported by an expanded development ecosystem, including an evaluation kit, Easy-Connect software, IoT SIM integration, and partner design support to accelerate cellular IoT deployment.

Exclusive Sections of the LPWAN Chipset Market Report (The USPs):

• LPWAN TECHNOLOGY ADOPTION & INNOVATION METRICS – helps you understand adoption trends across LoRa, NB-IoT, Sigfox, and LTE-M chipsets, while tracking innovation intensity through new chipset launches, firmware upgrades, and multi-mode capability advancements.
• R&D INVESTMENT & PATENT ACTIVITY INDEX – helps you gauge long-term competitiveness by analyzing R&D spend focused on ultra-low-power and long-range LPWAN ICs, along with patent filings in integrated security, energy harvesting, and multi-mode transceiver technologies.
• CHIPSET INTEGRATION & EDGE-READINESS BENCHMARKS – helps you evaluate progress toward highly integrated SoC designs, gateway compatibility, and embedded edge-processing capabilities that reduce system cost and deployment complexity.
• PERFORMANCE & RELIABILITY BENCHMARKS – helps you compare LPWAN chipsets based on transmission range, signal penetration, power consumption efficiency, packet delivery success rates, and operating resilience across diverse environmental conditions.
• MANUFACTURING CAPACITY & SUPPLY CHAIN EFFICIENCY METRICS – helps you identify supply-side strengths and risks through capacity utilization levels, production lead times, and yield rates across LPWAN chipset manufacturing and testing processes.
• CHIPSET RELIABILITY & LIFECYCLE DURABILITY INDEX – helps you assess long-term deployment viability by benchmarking MTBF levels and reliability performance for LPWAN chipsets used in mission-critical and large-scale IoT networks.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Rohan Jadhav - Principal Consultant Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

MENAFN05012026004107003653ID1110555731