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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 Summary

As per MRFR analysis, the the LoRa LoRaWAN-IoT market size was estimated at 988.89 USD Million in 2024. The lora lorawan-iot market is projected to grow from 1344.0 USD Million in 2025 to 28900.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 35.91% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India LoRa LoRaWAN-IoT market is experiencing robust growth driven by technological advancements and increasing adoption across various sectors.

  • The agriculture segment is the largest, reflecting a rising adoption of IoT solutions for precision farming.
  • Smart city initiatives are emerging as a key trend, enhancing urban infrastructure through IoT integration.
  • Industrial automation is rapidly growing, indicating a shift towards more efficient manufacturing processes.
  • Major market drivers include the growing demand for smart metering solutions and government initiatives for digital transformation.

Market Size & Forecast

2024 Market Size 988.89 (USD Million)
2035 Market Size 28900.0 (USD Million)

Major Players

Semtech Corporation (US), Cisco Systems Inc (US), Kerlink (FR), Actility (FR), Loriot (CH), The Things Industries (NL), MultiTech Systems Inc (US), IMST GmbH (DE)

India Lora Lorawan Iot Market Trends

The The LoRa LoRaWAN-IoT market is experiencing notable growth., driven by the increasing demand for efficient and scalable IoT solutions. This technology enables long-range communication with low power consumption, making it suitable for various applications, including smart cities, agriculture, and industrial automation. The Indian government is actively promoting initiatives that support the development of IoT infrastructure, which further enhances the market's potential. As industries seek to optimize operations and reduce costs, the adoption of lora lorawan technology is likely to accelerate, fostering innovation and enhancing connectivity across sectors. Moreover, the lora lorawan-iot market is witnessing a surge in investments from both public and private sectors. This influx of capital is aimed at developing robust networks and enhancing the capabilities of IoT devices. The focus on sustainability and energy efficiency is also shaping the market landscape, as businesses increasingly prioritize eco-friendly solutions. With the rise of smart applications and the Internet of Things, the lora lorawan-iot market is poised for significant advancements, potentially transforming how industries operate and interact with technology.

Rising Adoption in Agriculture

The lora lorawan-iot market is seeing increased utilization in the agricultural sector. Farmers are leveraging this technology for precision farming, enabling them to monitor soil conditions, crop health, and weather patterns. This trend supports sustainable practices and enhances productivity, aligning with national goals for food security.

Smart City Initiatives

Urban development projects are increasingly incorporating lora lorawan technology to create smart cities. This approach facilitates efficient management of resources, such as energy and water, while improving public safety and transportation systems. The integration of IoT solutions is essential for enhancing urban living standards.

Focus on Industrial Automation

Industries are progressively adopting lora lorawan technology to streamline operations and improve efficiency. This trend is driven by the need for real-time data collection and analysis, which aids in decision-making processes. Enhanced connectivity through IoT is likely to revolutionize manufacturing and logistics sectors.

India Lora Lorawan Iot Market Drivers

Advancements in Agricultural Technologies

The lora lorawan-iot market is benefiting from advancements in agricultural technologies, particularly in precision farming. Farmers are increasingly adopting IoT solutions to monitor soil conditions, crop health, and weather patterns. The integration of lora technology allows for the deployment of sensors across vast agricultural lands, providing real-time data that can enhance decision-making. The Indian precision agriculture market is expected to reach $2 billion by 2026, with lora-based solutions playing a pivotal role. This trend not only improves crop yields but also optimizes resource usage, thereby driving the growth of the lora lorawan-iot market in the agricultural sector.

Expansion of IoT Applications in Healthcare

The lora lorawan-iot market is poised for growth due to the increasing adoption of IoT applications in the healthcare sector. Hospitals and healthcare providers are increasingly utilizing IoT devices for patient monitoring, asset tracking, and telemedicine. The Indian healthcare IoT market is expected to reach $10 billion by 2025, with a significant portion attributed to lora-based solutions. These applications require reliable and secure communication networks, which lora technology provides. The ability to connect numerous devices over long distances with minimal power consumption aligns well with the needs of healthcare providers, thereby driving the lora lorawan-iot market forward.

Growing Demand for Smart Metering Solutions

The lora lorawan-iot market in India is experiencing a surge in demand for smart metering solutions, driven by the need for efficient energy management. With the Indian government aiming to enhance energy efficiency, the adoption of smart meters is projected to increase significantly. Reports indicate that the smart metering market could reach a valuation of approximately $1.5 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 25%. This trend is likely to propel the lora lorawan-iot market, as these solutions require robust connectivity for real-time data transmission. The integration of lora technology in smart meters facilitates low-power, long-range communication, making it an ideal choice for utility companies looking to optimize their operations.

Rising Focus on Environmental Sustainability

The lora lorawan-iot market is also being driven by a growing emphasis on environmental sustainability in India. Industries are increasingly adopting IoT solutions to monitor and reduce their carbon footprint. For instance, lora technology is being utilized in smart waste management systems, enabling cities to optimize waste collection routes and reduce emissions. The Indian government has set ambitious targets for reducing greenhouse gas emissions, which is likely to encourage the adoption of lora-based solutions. The market for environmental IoT applications is projected to grow at a CAGR of 20% over the next five years, indicating a strong potential for the lora lorawan-iot market to contribute to sustainability efforts.

Government Initiatives for Digital Transformation

The Indian government's push for digital transformation across various sectors is a crucial driver for the lora lorawan-iot market. Initiatives such as Digital India aim to enhance connectivity and promote the adoption of advanced technologies. The government has allocated substantial funds for developing smart infrastructure, which includes the deployment of IoT solutions. As part of this initiative, the lora lorawan-iot market is likely to benefit from increased investments in smart city projects and infrastructure development. The anticipated growth in IoT deployments is expected to create a market opportunity worth over $5 billion by 2027, further solidifying the role of lora technology in India's digital landscape.

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 lora lorawan-iot market in India is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for IoT solutions across various sectors. Key players such as Semtech Corporation (US), Cisco Systems Inc (US), and Actility (FR) are strategically positioned to leverage their innovative capabilities and extensive networks. Semtech Corporation (US) focuses on enhancing its product offerings through continuous innovation, while Cisco Systems Inc (US) emphasizes partnerships to expand its market reach. Actility (FR) is actively pursuing regional expansion, particularly in smart city initiatives, which collectively shapes a competitive environment that is both collaborative and competitive.

The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is crucial in a market where operational efficiency can significantly impact profitability. The collective influence of these major players fosters a competitive atmosphere that encourages innovation and responsiveness to market demands.

In October 2025, Cisco Systems Inc (US) announced a strategic partnership with a leading Indian telecommunications provider to enhance IoT connectivity solutions. This collaboration is expected to bolster Cisco's presence in the Indian market, allowing for improved service delivery and customer engagement. The strategic importance of this partnership lies in its potential to accelerate the deployment of IoT applications, particularly in urban infrastructure and smart city projects.

In September 2025, Semtech Corporation (US) launched a new line of low-power, long-range IoT devices tailored for the Indian market. This product introduction is significant as it addresses the growing need for energy-efficient solutions in various sectors, including agriculture and logistics. By focusing on localized product development, Semtech aims to capture a larger share of the market while meeting specific regional demands.

In August 2025, Actility (FR) secured a major contract with a state government in India to implement a comprehensive IoT network for smart agriculture. This initiative is pivotal as it not only showcases Actility's capabilities in large-scale deployments but also highlights the increasing governmental support for IoT solutions in enhancing agricultural productivity. Such strategic moves are likely to position Actility as a leader in the agricultural IoT segment.

As of November 2025, current competitive trends indicate a strong emphasis on digitalization, sustainability, and the integration of AI technologies within IoT frameworks. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. The competitive differentiation is expected to evolve from traditional price-based competition towards a focus on technological innovation, reliability in supply chains, and the ability to deliver tailored solutions that meet the unique needs of the Indian market.

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.

Future Outlook

India Lora Lorawan Iot Market Future Outlook

The lora lorawan-iot market in India is poised for growth at 35.91% CAGR from 2024 to 2035, driven by increased IoT adoption, smart city initiatives, and enhanced connectivity solutions.

New opportunities lie in:

  • Development of smart agriculture solutions leveraging IoT sensors for real-time data collection.
  • Implementation of smart metering systems for efficient energy management in urban areas.
  • Creation of tailored IoT platforms for logistics and supply chain optimization.

By 2035, the market is expected to achieve substantial growth, establishing a robust ecosystem for IoT applications.

Market Segmentation

India Lora Lorawan Iot Market End User Outlook

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

India Lora Lorawan Iot Market Offering Outlook

  • Hardware
  • Platform
  • Services

India Lora Lorawan Iot Market Application Outlook

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

Report Scope

MARKET SIZE 2024 988.89(USD Million)
MARKET SIZE 2025 1344.0(USD Million)
MARKET SIZE 2035 28900.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 35.91% (2024 - 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 Semtech Corporation (US), Cisco Systems Inc (US), Kerlink (FR), Actility (FR), Loriot (CH), The Things Industries (NL), MultiTech Systems Inc (US), IMST GmbH (DE)
Segments Covered Offering, Application, End User
Key Market Opportunities Expansion of smart agriculture solutions leveraging lora lorawan-iot technology for enhanced crop management.
Key Market Dynamics Rising demand for smart city solutions drives growth in the LoRa LoRaWAN-IoT market in India.
Countries Covered India

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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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