Low Power IoT Service Market – Opportunities and Forecast, 2020-2027
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Low Power IoT Service Market: Low Power IoT is an ecosystem that consists of a microcontroller (MCU), sensor, system power management, and wireless interface. The low power IoT devices use low-bandwidth, consume less battery-powered at a reduced cost with greater power efficiency than traditional networks. The primary drivers propelling the growth of the low power IoT service market include increasing Industrial IoT (IIoT) penetration across various industries and rising the number of connected devices around the world has surged the demand for low-power IoT. Moreover, various specifications