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    India Lora Lorawan Iot Market

    ID: MRFR/ICT/59176-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India LoRa LoRaWAN IoT Market Research Report By Offering (Hardware, Platform, Services), By Application (Asset Tracking, Industrial IoT, Smart Cities, Smart Agriculture, Livestock Management, Smart Buildings, Smart Healthcare, Other Applications) and By End User (Retail, Manufacturing, Transportation, Logistics, Agriculture, Healthcare, Energy, Utilities, Government, Public Safety, Enterprise, Residential, Travel, Hospitality)-Forecast to 2035

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    India Lora Lorawan Iot Market Infographic
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    India Lora Lorawan Iot Market Summary

    The India LoRa LoRaWAN IoT market is poised for substantial growth, with a projected valuation increase from 822.5 million USD in 2024 to 12073 million USD by 2035.

    Key Market Trends & Highlights

    India LoRa LoRaWAN IoT Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate of 27.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 12073 million USD, indicating robust expansion.
    • In 2024, the market is valued at 822.5 million USD, reflecting the current investment landscape in India.
    • Growing adoption of IoT technology due to increasing demand for smart city solutions is a major market driver.

    Market Size & Forecast

    2024 Market Size 822.5 (USD Million)
    2035 Market Size 12073 (USD Million)
    CAGR (2025-2035) 27.66%

    Major Players

    Wizzi, Laird Connectivity, Semtech Corporation, BOSCH, Kerlink, MyDevices, Multitech, Gemtek Technology, Nokia, STMicroelectronics, ACTILITY, Cisco Systems, IBM, Telekom Malaysia

    India Lora Lorawan Iot Market Trends

    The India LoRa LoRaWAN IoT Market is witnessing a significant surge driven by the increasing adoption of IoT technologies across various sectors, including agriculture, smart cities, and industrial automation. The government of India has been promoting initiatives like Smart City Mission and Digital India, which have created a favorable environment for the deployment of LoRaWAN technology.

    This technology enables long-range communication with low power consumption, making it suitable for applications in remote monitoring and smart agriculture, which are vital given India’s large agricultural sector. Additionally, the rising need for efficient and scalable connectivity solutions is pushing businesses and municipalities to explore LoRaWAN for enabling smart water management, waste management, and energy management systems.

    With a growing emphasis on sustainable development, there is room for opportunities in developing innovative IoT applications that leverage LoRa technology for enhancing urban infrastructure and services. Recently, partnerships between technology providers and local businesses have become more common, allowing for the rapid deployment of IoT solutions, which showcases a trending collaboration model in the market.

    Enterprises are increasingly aware of the benefits of utilizing LoRaWAN networks to reduce operational costs and improve efficiency, which further fuels the demand for such solutions. With many Indian start-ups focusing on niche IoT applications and a growing ecosystem of technology providers, the market is likely to see new players emerge, providing innovative solutions tailored to local needs.Overall, the LoRa LoRaWAN IoT Market in India is poised for growth, supported by favorable government policies and a rising demand for connectivity in various industries.

    Market Segment Insights

    LoRa LoRaWAN IoT Market Offering Insights

    The India LoRa LoRaWAN IoT Market offers a diverse range of solutions that include Hardware, Platforms, and Services, reflecting an increasingly interconnected approach to the Internet of Things. As businesses and industries in India continue to embrace digital transformation, the demand for robust Hardware components, such as sensors and gateways, has gained momentum. These Hardware elements serve as the backbone of various applications, enabling efficient data transmission across long distances while maintaining low power consumption.

    Meanwhile, Platforms in this segment are crucial for data management and analytics, as they facilitate seamless integration between different IoT devices, ensuring that the data collected is both actionable and secure.

    Furthermore, Services, which encompass consulting, installation, and ongoing support, play an integral role in helping organizations navigate the complexities of IoT implementation. The growth of industries like agriculture, smart cities, and logistics in India provides significant opportunities for these offerings. As the Indian government continues to promote initiatives like Digital India, the LoRa LoRaWAN IoT Market is expected to play a vital role in driving innovation and improving efficiency across various sectors.

    Overall, the segmentation of the Offering in the India LoRa LoRaWAN IoT Market reflects a comprehensive ecosystem that not only fosters technological advancement but also addresses the needs for cost-effectiveness and scalability.

    Emerging trends such as the increase in smart agriculture solutions will continue to propel the importance of these offerings, as they enable farmers to monitor soil conditions and crop health in real time. Adoption of these solutions reflects a broader trend where industries are leveraging IoT technologies to enhance operational efficiency and decision-making processes, thus shaping the future landscape of the India LoRa LoRaWAN IoT Market. As companies seek to capitalize on the advantages of IoT, the synergy between Hardware, Platforms, and Services will remain pivotal, ensuring that businesses can effectively harness the potential of the Internet of Things.

    LoRa LoRaWAN IoT Market Application Insights

    The Application segment of the India LoRa LoRaWAN IoT Market represents a rapidly evolving landscape driven by various technological advancements in multiple industries. With the demand for efficient monitoring and management solutions, applications like Asset Tracking and Industrial IoT are fundamental, enhancing operational efficiency and reducing costs. Smart Cities initiatives are gaining momentum, focusing on urban development through improved traffic management and public safety. The agricultural sector is leveraging Smart Agriculture technologies for precision farming, which optimizes yield while reducing resource wastage.

    Livestock Management solutions are crucial for enhancing productivity and ensuring animal welfare. Smart Buildings prioritize energy efficiency and occupant comfort, contributing to sustainable development. Healthcare solutions are essential for remote patient monitoring and effective data management. Overall, the various applications within the market cater to a diverse range of needs, reflecting the dynamic nature of the Indian economy, where rapid urbanization and technological advancement create numerous opportunities for growth in the IoT sector.

    The India LoRa LoRaWAN IoT Market segmentation is poised to play a critical role in future infrastructure development, aligning with the government's push towards a digital economy. Each application has the potential to significantly impact daily operations across industries, providing transformative approaches to traditional processes.

    LoRa LoRaWAN IoT Market End User Insights

    The End User segment of the India LoRa LoRaWAN IoT Market reveals significant diversity across various sectors, each contributing to the market dynamics and growth trajectory. In recent years, the retail sector has embraced IoT solutions for inventory management and enhancing customer experiences, leveraging technology to optimize operations. Meanwhile, manufacturing continues to grow, driven by the need for better supply chain visibility and predictive maintenance.

    Transportation and logistics are also key areas where LoRa technology plays a vital role, helping in tracking assets and improving fleet management efficiency.Agriculture benefits from IoT through precision farming techniques, which aid in water conservation and yield optimization.

    In healthcare, the integration of IoT systems improves patient monitoring and medical compliance, facilitating better health outcomes. The energy and utilities sectors are increasingly adopting IoT to optimize grid management and reduce operational costs, while the government and public safety sectors utilize advanced analytics for improved monitoring and response times. As enterprises across these segments recognize the importance of connectivity and data analytics, opportunities for innovation and efficiency strengthen.

    Emerging applications in residential sectors, travel, and hospitality further enrich the landscape, showcasing the versatile potential of the India LoRa LoRaWAN IoT Market in enhancing operations and delivering value.

    Get more detailed insights about India Lora Lorawan Iot Market

    Key Players and Competitive Insights

    The India LoRa LoRaWAN IoT market is rapidly evolving, driven by the increasing demand for low-power, long-range communication technologies that facilitate the deployment of IoT applications across urban and rural landscapes. As businesses and governments in India strive for digital transformation, the competitive landscape has become densely populated with various players offering innovative solutions to address the unique challenges of connectivity, data management, and sensor integration.

    A combination of technological advancements, governmental support for Smart City initiatives, and a growing emphasis on sustainable practices have made the market attractive for investment and growth. As such, companies operating in this domain must navigate a dynamic environment marked by rapid innovation and a keen focus on aligning their products with regional requirements and regulatory standards.Wizzi has established a significant presence in the India LoRa LoRaWAN IoT market, leveraging its robust technological capabilities and customer-centric approach.

    The company is recognized for its strength in developing modular IoT solutions that cater to a diverse array of industry verticals, including agriculture, smart cities, and industrial automation. Wizzi's ability to deliver tailored solutions that address specific customer needs has enabled it to foster strong relationships and partnerships within the ecosystem. Additionally, the company places a premium on R&D, driving continuous innovation in its service offerings, which resonates well with the increasing trend towards automation and remote monitoring in various sectors in India.

    Its agile operational model allows Wizzi to respond swiftly to market changes, providing it with a competitive edge.

    Laird Connectivity is another prominent player in the India LoRa LoRaWAN IoT market, known for offering comprehensive solutions that combine hardware and software capabilities. The company provides an extensive range of products, including LoRaWAN gateways, sensors, and modules designed specifically for enhanced connectivity in IoT applications. With a solid track record in the telecommunications and IoT sectors, Laird Connectivity positions itself as a reliable partner for enterprises seeking to deploy scalable IoT solutions.

    Its strengths lie in strong engineering expertise and a deep understanding of local regulatory compliance, allowing it to navigate potential challenges with agility. Laird Connectivity has also engaged in strategic partnerships and acquisitions to bolster its market position, further enhancing its product portfolio to cater to growing customer demands in India. Through these efforts, the company has cemented its status as a formidable player, committed to driving IoT adoption in the region.

    Key Companies in the India Lora Lorawan Iot Market market include

    Industry Developments

    Recent developments in the India LoRa LoRaWAN IoT market have seen significant advancements, with continued growth spurred by government initiatives promoting smart cities and Industry 4.0 applications. Companies like Wizzi and Laird Connectivity have been expanding their offerings, enhancing connectivity solutions tailored for urban infrastructures. In September 2023, Semtech Corporation announced a strategic partnership with local firms to boost LoRa technology adoption in agriculture, showcasing the pivotal role of IoT in optimizing food supply chains.

    Furthermore, several major players, including BOSCH and Kerlink, have upgraded their devices to support the growing demand for secure and scalable IoT networks. While acquisitions have been relatively minimal, STMicroelectronics' collaboration with Nokia is noteworthy, solidifying their commitment to fostering innovation within the IoT ecosystem.

    Growth in market valuations is evident, reflecting an increasing investment in IoT platforms, driven by both commercial and public sector interest in enhancing operational efficiencies. The Indian market continues to capture attention, with its robust potential highlighted by significant government backing and evolving infrastructure for IoT applications over the past few years, particularly since the launch of the Smart City Mission in June 2015.

    Market Segmentation

    LoRa LoRaWAN IoT Market End User Outlook

    • Retail
    • Manufacturing
    • Transportation
    • Logistics
    • Agriculture
    • Healthcare
    • Energy
    • Utilities
    • Government
    • Public Safety
    • Enterprise
    • Residential
    • Travel
    • Hospitality

    LoRa LoRaWAN IoT Market Offering Outlook

    • Asset Tracking
    • Industrial IoT
    • Smart Cities
    • Smart Agriculture
    • Livestock Management
    • Smart Buildings
    • Smart Healthcare
    • Other Applications

    LoRa LoRaWAN IoT Market Application Outlook

    • Retail
    • Manufacturing
    • Transportation
    • Logistics
    • Agriculture
    • Healthcare
    • Energy
    • Utilities
    • Government
    • Public Safety
    • Enterprise
    • Residential
    • Travel
    • Hospitality

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 605.22(USD Million)
    MARKET SIZE 2024 822.5(USD Million)
    MARKET SIZE 2035 12073.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 27.662% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Wizzi, Laird Connectivity, Semtech Corporation, BOSCH, Kerlink, MyDevices, Multitech, Gemtek Technology, Nokia, STMicroelectronics, ACTILITY, Cisco Systems, IBM, Telekom Malaysia
    SEGMENTS COVERED Offering, Application, End User
    KEY MARKET OPPORTUNITIES Smart agriculture solutions development, Smart city infrastructure integration, Industrial automation and monitoring, Environmental monitoring applications, Asset tracking and logistics optimization
    KEY MARKET DYNAMICS Rising IoT adoption, Government support initiatives, Low deployment costs, Demand for real-time data, Increasing smart city projects
    COUNTRIES COVERED India

    FAQs

    What is the projected market size of the India LoRa LoRaWAN IoT Market in 2024?

    The market is expected to be valued at 822.5 million USD in 2024.

    What will be the expected market size of the India LoRa LoRaWAN IoT Market by 2035?

    By 2035, the market is anticipated to reach a value of 12073.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the India LoRa LoRaWAN IoT Market from 2025 to 2035?

    The expected CAGR for the market during this forecast period is 27.662%.

    Which segment is leading in terms of market value in 2024 within the India LoRa LoRaWAN IoT Market?

    In 2024, the Hardware segment is valued at 245.0 million USD, making it the leading segment.

    What will be the value of the Software Platform segment in the India LoRa LoRaWAN IoT Market by 2035?

    By 2035, the Software Platform segment is projected to be valued at 4205.0 million USD.

    Who are the key players in the India LoRa LoRaWAN IoT Market?

    Major players include Wizzi, Laird Connectivity, Semtech Corporation, and BOSCH among others.

    What is the expected market size for Services in the India LoRa LoRaWAN IoT Market in 2024?

    The Services segment is projected to be valued at 272.5 million USD in 2024.

    What will be the expected value of the Hardware segment in the India LoRa LoRaWAN IoT Market by 2035?

    By 2035, the Hardware segment is expected to see a significant increase to 3451.0 million USD.

    What are the emerging trends driving growth in the India LoRa LoRaWAN IoT Market?

    Key trends include increased adoption of IoT devices and the need for smart city solutions.

    How does the competitive landscape look for the India LoRa LoRaWAN IoT Market?

    The competitive landscape includes strong players like Semtech and Cisco Systems among others that shape market dynamics.

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