Regional Analysis
LoRa Gateway Market Regional Insights
- Asia Pacific: Asia Pacific market is expected to be the largest market for LoRa gateway market, accounting for over 40% of the market share in 2023. The growth of the market in Asia Pacific is due to rapid development of smart city infrastructure and growing implementation of internet-of-things (IoT) solutions in key countries like China, Japan, and India.
- North America: North America is expected to be the second-largest market for LoRa gateway market during the forecast period, accounting for over 25% of the market share in 2023. The growth of the market in North America is due to increasing adoption of LPWAN technologies across smart city and industrial IoT applications, and presence of major LoRa network providers in the region.
- Europe: The Europe market is expected to be the fastest-growing market for LoRa Gateway Market, with a CAGR of over 18% during the forecast period. The growth of the market is to high demand for LoRa gateways for remote asset monitoring in the oil & gas industry and investments in smart city projects across countries like U.A.E.
Figure 1. LoRa Gateway Market Share (%), By Region, 2023
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, Central Africa and Rest of Middle East
U.S.: 
U.K. : 
India : 