LoRaWAN has become the de facto standard for Low Power Wide Area Networks (LPWANs) worldwide, with more than 40% of all LPWANs forecast to run on LoRaWAN by 2023 (IHS MarketInsider 2019). The open LoRaWAN protocol offers an efficient, flexible and economical solution to real-world problems and can be complementary to other network technologies.
IoT Connectivity: Where LPWANs Fit

The cost and functionality gap between cellular and local-area networks has been filled by LPWAN technologies, which enable low power, long range sensor applications where only small amounts of data are required.
It is estimated that more than half of all IoT solutions will be best suited for LPWAN connectivity.