LoRa Alliance releases 2023 annual report on growth and industry impact

The LoRa Alliance, a leading consortium of companies supporting the LoRaWAN standard for IoT low-power wide-area networks (LPWANs), published its 2023 End of Year Report. The report celebrates the Alliance’s significant achievements over the past year, highlighting updates on LoRaWAN deployments, technological advancements, and certification progress.

Key trends from the 2023 report include:

Donna Moore, CEO and Chairwoman of the LoRa Alliance, remarked: “In 2023, we saw extensive adoption of LoRaWAN in critical markets like cities, buildings, and utilities, driven by its compelling ROI. This led to large-scale deployments and further innovation. The growing demand for certified devices in these sectors underscores the confidence in LoRaWAN, reinforced by our Accredited Professional program. As the forefront of global LPWAN deployments, we’re poised for an even more impactful year in 2024.”

Robin Duke-Woolley, CEO and Chief Analyst at Beecham Research, commented: “2023 witnessed sustained global growth in IoT deployments, with LoRaWAN firmly established as the LPWAN market leader. Thanks to its vibrant ecosystem, significant system integrator and solution provider involvement, and extensive features including satellite connectivity, we anticipate continued strong growth for LoRaWAN in 2024 as the IoT sector matures.”

Other 2023 report highlights include:

This annual report underscores LoRaWAN’s presence in the LPWAN domain, demonstrating significant strides in technological advancements, deployment growth, and industry collaboration.

There’s plenty of other editorial on our sister site, Electronic Specifier! Or you can always join in the conversation by commenting below or visiting our LinkedIn page.

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