Gartner has released a new research paper which provides a view into tomorrow’s IoT technology standards like LoRa and shows how Gartner sees some of the most interesting and significant standards and protocols relating to the IoT. Actility is recognized as one of its Sample Vendors while LoRa is considered as entering a significant growth phase.
The Hype Cycle is Gartner’s branded graphical presentation of the maturity of emerging technologies through five phases.
Analyzed alongside over 15 other connectivity standards like LTE-M and NB-IoT, LoRa is considered by Gartner to be in its “Early Mainstream” maturity, and its vendors and adoption is rapidly evolving.
It means also that the technology is sliding into the “Trough of Disillusionment” and will then enter the “Slope of Enlightenment” and will be growing at a steady rate.
Gartner sees LoRa growth accelerating is less than 2 years to mainstream adoption.
Market penetration today is estimated at 5 to 20% of target audience, while 20% is approximately when the technology’s target audience has adopted or is adopting the technology as it enters the Plateau of Productivity phase. LoRa offers an “alternative to 3rd Generation Partnership Project (3GPP)-based LPWA technologies, such as NB-IoT and LTE-M, which are designed to be deployed by CSPs in the licensed spectrum”, while LTE-M is already in “Adolescent” maturity. You can learn more about LoRa technology in Actility’s free White Paper “What is LoRaWAN?”
Actility experts’ conclusion, after over 10 years of Actility’s developing this technology, is that the LoRa market is rapidly emerging, fully in line with Gartner analysts. The vast majority of nationwide LoRaWAN® network service providers (over 50) and hundreds of companies are trusting Actility’s ThingPark™ all over the world. We’re pleased Actility is recognized as a LoRa Sample Vendor in the Gartner report.
Actility continues to drive the global LPWAN (Low-Power Wide-Area Networks) transformation strategy that delivers a multiplier effect on the IoT business. Actility has also been recognized by Gartner as a Cool Vendor.
According to Gartner, “most of the technologies in this Gartner’s Hype Cycle should be viewed as underlying and enabling technologies that facilitate and support a wide range of IoT products and solutions. Their adoption rates will vary across different industries, with some being more industry-specific than others. Deciding to support or endorse a standard is not just a matter of technical compatibility. Issues such as technology obsolescence, ROI and vendor availability should be considered alongside interoperability.”
Gartner states that it “sees many standards overlapping, or competing directly, especially in areas with large commercial potential. There are also areas of the IoT in which standards are incomplete or lack full-stack support. Consequently, new standards will continue to emerge in the coming years.” However, Gartner also states that, “for Applications that do not require the predictability afforded by licensed spectrum operations, LoRa represents an alternative with good availability today. Access points can be obtained for very low cost ($200 or less) and provide campus coverage (stretching 5 km or more, depending on the environment)…Enterprises can also deploy LoRa as a private enterprise network, either entirely in-house or with a system integrator. In fact, private enterprise networks are the areas where LoRa currently appears to be enjoying the most significant traction.”
Gartner, “Hype Cycle for IoT Standards and Protocols, 2020”, published by analyst Bill Ray, 30 June 2020. Gartner, “Cool Vendors in Communications Service Provider Network Operations,” published by Kosei Takiishi, Peter Liu, et al., 26 May 2020. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Actility is a world leader in Low-Power Wide-Area Networks (LPWAN) industrial-grade connectivity solutions for the Internet of Things. Actility provides its ThingPark™ platform and network technology to deploy, operate and maintain public and private wireless IoT networks within a unified, scalable and versatile network infrastructure. The vast majority of nationwide LoRaWAN® network service providers (over 50) and hundreds of companies trust ThingPark™ all over the world. Through its subsidiary Abeeway, Actility also provides patented ultra-low power tracking solutions. ThingPark Market offers the largest selection of interoperable IoT gateways, devices and applications to simplify and accelerate deployment of Applications.
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