Transportation LPWA Market Report 2025 (Global Edition)

Global Transportation LPWA Market Report 2025 Market Size Split by Type (Connected Vehicles/EV Charging, Smart Cities, Network Operators), by Application (Transportation Agencies, Smart Lighting CMS P...

Transportation LPWA Market Report Description

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Transportation LPWA Market Insights Video

Competitive Landscape of the Transportation LPWA Market

The competitive landscape of the Transportation LPWA market is characterized by key players vying to offer advanced, cost-effective solutions for connected vehicles, smart cities, and IoT applications. Companies compete on technology innovation, network coverage, and service reliability. Strategic partnerships, mergers, and acquisitions are common as firms seek to enhance their market presence and meet evolving customer needs.

Top Companies Market Share in Transportation LPWA Industry: (In no particular order of Rank)

• Verizon
• UnaBiz
• Bouygues
• China Mobile
• Swisscom
• Orange
• Comcast machineQ
• Thinxtra
• Sigfox
• China Telecom
• SoftBank
• AT&T
• SK Telecom
• Proximus
• Qowisio
• Tata
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Transportation LPWA Market

Which Region Dominates the Transportation LPWA Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 due to its advanced infrastructure and high adoption rates of connected vehicle technologies. The region's significant investments in smart city projects and electric vehicle charging networks further drive demand. Additionally, supportive government policies and a robust technological ecosystem contribute to North America's leading market position.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Transportation LPWA market driven by rapid urbanization and increasing investments in smart infrastructure. The region's expanding automotive sector and rising demand for connected vehicle solutions accelerate growth. Government initiatives promoting smart city development and IoT adoption also play a crucial role in boosting the market's expansion in this region.

The current report Scope analyzes Transportation LPWA Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Transportation LPWA Market Analysis

According to Cognitive Market Research, the global Transportation LPWA market size was estimated at USD 6681.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2672.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.7% from 2024 to 2031.

• According to Cognitive Market Research, The US transportation LPWA market had a market share of USD 2,108.59 million in 2024 and is projected to grow at a CAGR of 32.5% during the forecast period. The U.S. will see increased LPWA sales due to robust infrastructure investment and accelerating adoption of smart city technologies.
The Canadian transportation LPWA market had a market share of USD 320.70 million in 2024 and is projected to grow at a CAGR of 33.5% during the forecast period. Canada’s LPWA market growth is driven by extensive urbanization and federal initiatives promoting intelligent transportation systems and EV integration. The Mexican transportation LPWA market had a market share of USD 243.20 million in 2024 and is projected to grow at a CAGR of 33.2% during the forecast period

Europe Transportation LPWA Market Analysis

According to Cognitive Market Research, the global Transportation LPWA market size was estimated at USD 6681.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2004.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.0% from 2024 to 2031.

• The UK transportation LPWA market had a market share of USD 336.73 million in 2024 and is projected to grow at a CAGR of 33.8% during the forecast period. In the UK, rising demand for connected vehicle solutions and government support for sustainable transportation infrastructure are fueling LPWA sales.
The French transportation LPWA market had a market share of USD 184.40 million in 2024 and is projected to grow at a CAGR of 32.2% during the forecast period. The German transportation LPWA market had a market share of USD 396.86 million in 2024 and is projected to grow at a CAGR of 33.2% during the forecast period. Germany's LPWA market expansion is attributed to its leadership in automotive innovation and strong emphasis on smart city developments. The Italian transportation LPWA market had a market share of USD 172.37 million in 2024 and is projected to grow at a CAGR of 32.4% during the forecast period. The Russian transportation LPWA market had a market share of USD 310.68 million in 2024 and is projected to grow at a CAGR of 32.0% during the forecast period. The Spanish transportation LPWA market had a market share of USD 164.36 million in 2024 and is projected to grow at a CAGR of 32.1% during the forecast period. The Luxembourg transportation LPWA market had a market share of USD 62.14 million in 2024 and is projected to grow at a CAGR of 33.1% during the forecast period. The Portuguese transportation LPWA market had a market share of USD 42.09 million in 2024 and is projected to grow at a CAGR of 32.8% during the forecast period. The Greek transportation LPWA market had a market share of USD 24.05 million in 2024 and is projected to grow at a CAGR of 33.3% during the forecast period. The Rest of Europe transportation LPWA market had a market share of USD 310.68 million in 2024 and is projected to grow at a CAGR of 31.7% during the forecast period.

Asia Pacific Transportation LPWA Market Analysis

According to Cognitive Market Research, the global Transportation LPWA market size was estimated at USD 6681.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1536.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 36.5% from 2024 to 2031.

• According to Cognitive Market Research, Chinese transportation LPWA market had a market share of USD 691.50 million in 2024 and is projected to grow at a CAGR of 36.0% during the forecast period. China's substantial LPWA growth results from aggressive smart infrastructure projects and a rapid increase in connected vehicle deployments nationwide.
The Japanese transportation LPWA market had a market share of USD 212.06 million in 2024 and is projected to grow at a CAGR of 35.0% during the forecast period. The Indian transportation LPWA market had a market share of USD 184.40 million in 2024 and is projected to grow at a CAGR of 38.3% during the forecast period. India is experiencing LPWA growth driven by expanding urban infrastructure and government initiatives to enhance smart transportation networks. The South Korean transportation LPWA market had a market share of USD 153.67 million in 2024 and is projected to grow at a CAGR of 35.6% during the forecast period. The Australian transportation LPWA market had a market share of USD 79.91 million in 2024 and is projected to grow at a CAGR of 36.2% during the forecast period. The South East Asia transportation LPWA market had a market share of USD 106.03 million in 2024 and is projected to grow at a CAGR of 37.5% during the forecast period. The Rest of APAC transportation LPWA market had a market share of USD 109.10 million in 2024 and is projected to grow at a CAGR of 36.3% during the forecast period.

South America Transportation LPWA Market Analysis

According to Cognitive Market Research, the global Transportation LPWA market size was estimated at USD 6681.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 334.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.9% from 2024 to 2031.

• According to Cognitive Market Research Brazilian transportation LPWA market had a market share of USD 142.98 million in 2024 and is projected to grow at a CAGR of 34.5% during the forecast period. In Brazil, the LPWA market benefits from ongoing urban development and increased focus on modernizing public transportation systems with advanced technologies.
The Argentine transportation LPWA market had a market share of USD 56.12 million in 2024 and is projected to grow at a CAGR of 34.8% during the forecast period. Argentina’s LPWA market growth is supported by growing urbanization and emerging initiatives to improve transportation efficiency through smart technologies. The Colombian transportation LPWA market had a market share of USD 29.73 million in 2024 and is projected to grow at a CAGR of 33.7% during the forecast period. The Peruvian transportation LPWA market had a market share of USD 27.39 million in 2024 and is projected to grow at a CAGR of 34.1% during the forecast period. The Chilean transportation LPWA market had a market share of USD 24.05 million in 2024 and is projected to grow at a CAGR of 34.2% during the forecast period. The Rest of LATAM transportation LPWA market had a market share of USD 53.78 million in 2024 and is projected to grow at a CAGR of 33.0% during the forecast period.

Middle East Transportation LPWA Market Analysis

According to Cognitive Market Research, the global Transportation LPWA market size was estimated at USD 6681.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 133.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.2% from 2024 to 2031..

• The GCC Countries transportation LPWA market had a market share of USD 57.19 million in 2024 and is projected to grow at a CAGR of 35.0% during the forecast period. The GCC region sees LPWA market growth due to investments in smart city projects and significant advancements in connected transportation infrastructure.
The Egyptian transportation LPWA market had a market share of USD 14.03 million in 2024 and is projected to grow at a CAGR of 34.5% during the forecast period. The South African transportation LPWA market had a market share of USD 21.11 million in 2024 and is projected to grow at a CAGR of 35.2% during the forecast period. South Africa’s LPWA sales rise from increasing smart city projects and governmental efforts to enhance transportation networks with advanced technology. The Turkish transportation LPWA market had a market share of USD 11.49 million in 2024 and is projected to grow at a CAGR of 33.7% during the forecast period. The Nigerian transportation LPWA market had a market share of USD 14.03 million in 2024 and is projected to grow at a CAGR of 33.3% during the forecast period. The Rest of MEA transportation LPWA market had a market share of USD 15.77 million in 2024 and is projected to grow at a CAGR of 33.2% during the forecast period.

Transportation LPWA Market Analysis

Global Transportation LPWA Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Transportation LPWA Industry growth. Transportation LPWA market has been segmented with the help of its Type, Application , and others. Transportation LPWA market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

Transportation LPWA Market Type Segment Analysis

According to Cognitive Market Research, connected vehicles/ev charging stands out as the dominant category over the projected period due to the increasing adoption of electric vehicles and the need for advanced connectivity solutions. The rise in smart transportation initiatives and investments in EV charging networks drive this segment's growth. Enhanced vehicle-to-everything (V2X) communication and real-time data requirements further boost demand.

Network operators emerges as the fastest-growing category in the Transportation LPWA market driven by the expanding need for robust and scalable LPWA solutions. The increasing deployment of IoT devices and smart city projects drives demand for reliable network infrastructure. Network operators play a crucial role in supporting the connectivity and coverage essential for growing applications, fueling their rapid market expansion.

Transportation LPWA Market Share (%) by Type in 2021-2033

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Transportation LPWA Industry. Request a Free Sample PDF!

Transportation LPWA Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is transportation agencies due to their extensive use of LPWA networks for fleet management, traffic monitoring, and infrastructure management. The need for real-time data and efficient operations drives their adoption of LPWA solutions. Investments in smart transportation and logistics optimization further fuel the demand, making this segment a key driver in the market.

The fastest-growing category in the Transportation LPWA market is IoT platforms as they facilitate the integration and management of diverse IoT applications across various sectors. The surge in IoT deployments, driven by smart city initiatives and industrial automation, increases the demand for these platforms. Their ability to support scalable, secure, and efficient data management drives rapid growth in this segment.

Transportation LPWA Market Share (%) by Application in 2021-2033

2021

2025

2033

The above Graph is for representation purposes only. This chart does not depict actual Market share.

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Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

LinkedIn

Profile

Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Bio :

Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.

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Author's Conclusion

Conclusion

• The global Transportation LPWA market will expand significantly by 5.50% CAGR between 2024 and 2031.
• Sales of connected vehicles/ev charging will increase due to rising adoption of electric vehicles, growing demand for real-time data, and significant investments in EV infrastructure and smart transportation solutions.
• Sales to transportation agencies will increase due to their need for efficient fleet management, real-time traffic monitoring, and infrastructure management, driven by investments in smart transportation and operational optimization.

Frequently Asked Questions (FAQs)

What is the market size for the Transportation LPWA market in 2024?

The global market size for Transportation LPWA in 2024 is USD 6681.2 million.

What is the growth rate for the Transportation LPWA market over the forecast period?

The global Transportation LPWA market is expected to grow with a CAGR of 34.50% over the projected period.

Which is the leading region of the market for Transportation LPWA?

North America held a significant global Transportation LPWA market revenue share in 2024.

Which region is projected to detect the fastest growth in the Transportation LPWA market over the forecast period?

Asia-Pacific will witness the fastest growth of the global Transportation LPWA market over the coming years.

Which country will be leading in the Transportation LPWA market in 2024?

The US had the most significant global Transportation LPWA market revenue share in 2024.

What are the key drivers for the growth of the Transportation LPWA market?

The main drivers of the growth of the transportation LPWA market are growing adoption of connected vehicles, rising investment in smart city projects, and expanding internet of things (IoT) applications.

Which is the significant Transportation LPWA market segment by application?

The transportation agencies segment had the largest share in the global Transportation LPWA market by application.