The number of LPWAN connections worldwide is set to increase to 1.17 billion in 2034, up from 228 million in 2020, according to Omdia’s latest forecasts. Many of those connections will be purchased wholesale by device suppliers and bundled into a recurring cost charge.
Sierra Wireless and Amazon Web Services, for example, have partnered to support Sierra’s IoT devices, under the “Octave” program. Octave fees include a platform fee of $1 per device each month that includes access to a low-power wide-area network, network and device management, “heartbeat” monitoring and up to four over-the-air (OTA) updates per year.
Octave also has a messaging fee of $1 per 1,000 messages, pooled across the base of deployed devices used by any entity.
AWS, for its part, prices edge computing services not on data volumes but on the number of data ingress and data egress messages, as well as on the number of data-processing computations.
Many of the connections also are likely to use 2G or 3G, rather than one of the newer 4G variants such as narrowband IoT (NB-IoT) or LTE Machine Type Communication (LTE-M). Also, at least for the moment, LPWANs using unlicensed spectrum, such as LoRaWAN, also will gain market share.
Omdia also forecasts a base of satellite IoT connections of about 10 million by 2025, a small fraction of the 228 million already in service in 2020.
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