Bangladesh Low Power Wide Area Network Market (2025-2031) | Value, Growth, Outlook, Industry, Trends, Share, Revenue, Analysis, Size, Companies & Forecast

Market Forecast By Connectivity Technology (SIGFOX, LoRaWAN, Weigthless , Others), By Verticals (Agriculture, Smart Logistic and Transportation, Healthcare, Industrial Manufacturing, Oil and Gas, Consumer Electronics, Others), By Application (Smart Waste Management, Smart Buildings, Smart Gas and Water Metering, Smart Streetlights, Smart Parking, Livestock Monitoring, Others), By Network Deployment (Public Sector, Private Sector), By Technology Service (Managed Services, Professional Services) And Competitive Landscape

Product Code: ETC4382553 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Bangladesh Low Power Wide Area Network Market Highlights

Report Name Bangladesh Low Power Wide Area Network Market 
Forecast period 2025-2031
CAGR 8.9%
Growing Sector Smart Agriculture 

Topics Covered in the Bangladesh Low Power Wide Area Network Market Report

Bangladesh Low Power Wide Area Network Market report thoroughly covers the market By Connectivity Technology, By Verticals, By Application, By Network Deployment, and By Technology Service. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bangladesh Low Power Wide Area Network Market Synopsis

Bangladesh Low Power Wide Area Network Market is poised for notable growth, driven by the rising demand for IoT applications across urban and rural regions. This growth is bolstered by the government's push for digitalization, aiming to transform Bangladesh into a smart country. The LPWAN technology, known for its long-range communication capabilities at a low bit rate, is proving instrumental in connecting devices efficiently, particularly in the agriculture, smart city projects, and utility management sectors.

According to 6Wresearch, the Bangladesh Low Power Wide Area Network Market size is expected to grow at a CAGR of 8.9% during the forecast period 2025-2031. The market is experiencing significant growth, driven by the increasing adoption of IoT devices across various industries such as agriculture, manufacturing, and smart cities. This surge is fueled by the demand for connected devices that require low bandwidth, long-range communication, and extended battery life. However, the industry faces challenges, including limited infrastructure for advanced connectivity in remote areas and concerns over data security and privacy. Despite these hurdles, emerging opportunities are on the rise, particularly in the development of smart agriculture technologies and the expansion of smart city projects. The government's initiatives towards digitalization and the private sector's increasing investment in IoT infrastructure are set to further propel the Bangladesh Low Power Wide Area Network Market Growth making LPWAN a critical component of Bangladesh's technological advancement.

Bangladesh Low Power Wide Area Network Market: Leading Players

The Bangladesh Low Power Wide Area Network Market is witnessing rapid growth, with key players such as Huawei Technologies Co., Ltd., Sigfox, and LoRa Alliance leading the charge. These organizations are at the forefront, driving innovation and deploying scalable solutions across various industries including smart cities, utilities, and agriculture.

Bangladesh Low Power Wide Area Network Market: Government Regulations

The Bangladesh Low Power Wide Area Network Market is significantly influenced by government regulations aimed at promoting sustainable technological growth while ensuring security and privacy. The government has implemented regulations that facilitate the deployment and operation of LPWAN technologies, focusing on spectrum allocation, licensing, and compliance with international standards.

Some of the key regulations that impact the Bangladesh Low Power Wide Area Network Industry include:

Spectrum Allocation: The government has designated specific frequency bands for LPWAN technologies to ensure efficient and interference-free operation. This includes the use of unlicensed spectrum bands such as 868 MHz, 915 MHz, and 2400-2500 MHz, which are commonly used by LPWAN technologies like LoRa and Sigfox.

Licensing: The government requires organizations to obtain specific licenses for the deployment and operation of LPWAN networks in Bangladesh.

Future Insights of the Bangladesh Low Power Wide Area Network Market

The future of the Bangladesh LPWAN market holds promising potential for significant expansion and innovation. With an increasing number of smart city projects and growing demand for IoT solutions in sectors such as agriculture, healthcare, and manufacturing, the LPWAN market is expected to witness substantial growth. Further advancements in LPWAN technologies, along with supportive government policies, will likely drive increased adoption and deployment of IoT devices, transforming various aspects of the Bangladeshi economy and contributing to its digital transformation. Additionally, the market will also see a rise in partnerships and collaborations between LPWAN solution providers, mobile network operators, and other stakeholders to further enhance connectivity and service offerings.

Market Segmentation By Connectivity Technology

According to Ravi Bhandari, Research Head, 6Wresearch, LoRaWAN is expected to hold the largest share in the LPWAN market in Bangladesh due to its flexibility, cost-effectiveness, and low-power consumption.

Market Segmentation By Verticals

The agriculture sector is expected to witness the highest growth in LPWAN market in Bangladesh. This can be attributed to the government's focus on promoting digital solutions in the agriculture industry, such as precision farming and crop monitoring.

Market Segmentation By Application

Smart Gas And Water Metering are currently the dominant applications for LPWAN technology in Bangladesh. However, with the rising adoption of IoT solutions in various industries, there is a growing demand for LPWAN applications such as smart waste management, smart buildings, and livestock monitoring.

Market Segmentation By Network Deployment

The public sector is expected to dominate the LPWAN market in Bangladesh, with initiatives and investments by the government towards creating a digital infrastructure and promoting IoT solutions.

Market Segmentation By Technology Service

The managed services segment is expected to dominate the Bangladesh Low Power Wide Area Network Market Share owing to the increasing demand for end-to-end solutions and support services for LPWAN deployments.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and project

Key Highlights of the Report:

  • Bangladesh Low Power Wide Area Network Market Outlook
  • Market Size of Bangladesh Low Power Wide Area Network Market, 2024
  • Forecast of Bangladesh Low Power Wide Area Network Market, 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Revenues & Volume for the Period 2021 - 2031
  • Bangladesh Low Power Wide Area Network Market Trend Evolution
  • Bangladesh Low Power Wide Area Network Market Drivers and Challenges
  • Bangladesh Low Power Wide Area Network Price Trends
  • Bangladesh Low Power Wide Area Network Porter's Five Forces
  • Bangladesh Low Power Wide Area Network Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Connectivity Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By SIGFOX for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By LoRaWAN for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Weightless for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Verticals for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Logistic and Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Industrial Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Oil and Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Consumer Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Waste Management for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Buildings for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Gas and Water Metering for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Streetlights for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Smart Parking for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Livestock Monitoring for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Network Deployment for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Public Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Private Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Technology Service for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Managed Services for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Low Power Wide Area Network Market Revenues & Volume By Professional Services for the Period 2021 - 2031
  • Bangladesh Low Power Wide Area Network Import Export Trade Statistics
  • Market Opportunity Assessment By Connectivity Technology
  • Market Opportunity Assessment By Verticals
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Network Deployment
  • Market Opportunity Assessment By Technology Service
  • Bangladesh Low Power Wide Area Network Top Companies Market Share
  • Bangladesh Low Power Wide Area Network Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Low Power Wide Area Network Company Profiles
  • Bangladesh Low Power Wide Area Network Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Connectivity Technology

  • SIGFOX
  • LoRaWAN
  • Weigthless
  • Others

By Verticals

  • Agriculture
  • Smart Logistic And Transportation
  • Healthcare
  • Industrial Manufacturing
  • Oil And Gas
  • Consumer Electronics
  • Others

By Application

  • Smart Waste Management
  • Smart Buildings
  • Smart Gas And Water Metering
  • Smart Streetlights
  • Smart Parking
  • Livestock Monitoring
  • Others

By Network Deployment

  • Public Sector
  • Private Sector

By Technology Service

  • Managed Services
  • Professional Services

Bangladesh Low Power Wide Area Network Market (2025-2031): FAQs

The growth of the market is driven by the increasing adoption of IoT devices across various industries and the need for efficient, low-cost network solutions for connecting rural and urban areas.
Key industries adopting LPWAN technologies in Bangladesh include agriculture, for precision farming; utilities, for smart metering; logistics and transportation, for fleet management; and healthcare, for remote patient monitoring.
Businesses can invest in R&D for innovative LPWAN applications tailored to local needs, while policymakers can foster growth by implementing supportive regulations, encouraging public-private partnerships.
6Wresearch actively monitors the Bangladesh Low Power Wide Area Network Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bangladesh Low Power Wide Area Network Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Bangladesh Low Power Wide Area Network Market Overview
3.1 Bangladesh Country Macro Economic Indicators
3.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, 2021 & 2031F
3.3 Bangladesh Low Power Wide Area Network Market - Industry Life Cycle
3.4 Bangladesh Low Power Wide Area Network Market - Porter's Five Forces
3.5 Bangladesh Low Power Wide Area Network Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F
3.6 Bangladesh Low Power Wide Area Network Market Revenues & Volume Share, By Verticals, 2021 & 2031F
3.7 Bangladesh Low Power Wide Area Network Market Revenues & Volume Share, By Application, 2021 & 2031F
3.8 Bangladesh Low Power Wide Area Network Market Revenues & Volume Share, By Network Deployment, 2021 & 2031F
3.9 Bangladesh Low Power Wide Area Network Market Revenues & Volume Share, By Technology Service, 2021 & 2031F
4 Bangladesh Low Power Wide Area Network Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing demand for Internet of Things (IoT) applications in various industries such as agriculture, utilities, and smart cities.
4.2.2 Government initiatives to promote digitalization and smart infrastructure development.
4.2.3 Growing adoption of LPWAN technology for low-cost, long-range connectivity solutions.
4.3 Market Restraints
4.3.1 Limited awareness and understanding of LPWAN technology among potential users and stakeholders.
4.3.2 Concerns about data security and privacy in IoT applications.
4.3.3 Challenges related to network coverage and connectivity in rural or remote areas.
5 Bangladesh Low Power Wide Area Network Market Trends
6 Bangladesh Low Power Wide Area Network Market, By Types
6.1 Bangladesh Low Power Wide Area Network Market, By Connectivity Technology
6.1.1 Overview and Analysis
6.1.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Connectivity Technology, 2021 - 2031F
6.1.3 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By SIGFOX, 2021 - 2031F
6.1.4 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By LoRaWAN, 2021 - 2031F
6.1.5 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Weigthless , 2021 - 2031F
6.1.6 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Others, 2021 - 2031F
6.2 Bangladesh Low Power Wide Area Network Market, By Verticals
6.2.1 Overview and Analysis
6.2.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Agriculture , 2021 - 2031F
6.2.3 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Logistic and Transportation, 2021 - 2031F
6.2.4 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Healthcare, 2021 - 2031F
6.2.5 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Industrial Manufacturing, 2021 - 2031F
6.2.6 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Oil and Gas, 2021 - 2031F
6.2.7 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F
6.3 Bangladesh Low Power Wide Area Network Market, By Application
6.3.1 Overview and Analysis
6.3.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Waste Management, 2021 - 2031F
6.3.3 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Buildings, 2021 - 2031F
6.3.4 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Gas and Water Metering, 2021 - 2031F
6.3.5 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Streetlights, 2021 - 2031F
6.3.6 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Smart Parking, 2021 - 2031F
6.3.7 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Livestock Monitoring, 2021 - 2031F
6.4 Bangladesh Low Power Wide Area Network Market, By Network Deployment
6.4.1 Overview and Analysis
6.4.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Public Sector, 2021 - 2031F
6.4.3 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Private Sector, 2021 - 2031F
6.5 Bangladesh Low Power Wide Area Network Market, By Technology Service
6.5.1 Overview and Analysis
6.5.2 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Managed Services, 2021 - 2031F
6.5.3 Bangladesh Low Power Wide Area Network Market Revenues & Volume, By Professional Services, 2021 - 2031F
7 Bangladesh Low Power Wide Area Network Market Import-Export Trade Statistics
7.1 Bangladesh Low Power Wide Area Network Market Export to Major Countries
7.2 Bangladesh Low Power Wide Area Network Market Imports from Major Countries
8 Bangladesh Low Power Wide Area Network Market Key Performance Indicators
8.1 Number of IoT devices connected to LPWAN networks in Bangladesh.
8.2 Average data transmission speed and latency in LPWAN networks.
8.3 Percentage increase in LPWAN network coverage across different regions in Bangladesh.
9 Bangladesh Low Power Wide Area Network Market - Opportunity Assessment
9.1 Bangladesh Low Power Wide Area Network Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F
9.2 Bangladesh Low Power Wide Area Network Market Opportunity Assessment, By Verticals, 2021 & 2031F
9.3 Bangladesh Low Power Wide Area Network Market Opportunity Assessment, By Application, 2021 & 2031F
9.4 Bangladesh Low Power Wide Area Network Market Opportunity Assessment, By Network Deployment, 2021 & 2031F
9.5 Bangladesh Low Power Wide Area Network Market Opportunity Assessment, By Technology Service, 2021 & 2031F
10 Bangladesh Low Power Wide Area Network Market - Competitive Landscape
10.1 Bangladesh Low Power Wide Area Network Market Revenue Share, By Companies, 2024
10.2 Bangladesh Low Power Wide Area Network Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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