Product Code: ETC4382577 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Low Power Wide Area Network (LPWAN) market in Ghana is experiencing steady growth driven by increasing demand for cost-effective and energy-efficient IoT solutions across various industries such as agriculture, smart cities, utilities, and logistics. The deployment of LPWAN technologies like LoRaWAN and Sigfox is gaining traction in the country due to their ability to provide long-range connectivity, extended battery life, and low maintenance requirements. Key players in the Ghanaian LPWAN market include telecommunication companies, IoT solution providers, and system integrators offering a range of services such as connectivity, device management, and data analytics. With the government`s focus on promoting digital initiatives and smart infrastructure development, the LPWAN market in Ghana is poised for further expansion, presenting opportunities for innovation and collaboration among industry stakeholders.
The Low Power Wide Area Network (LPWAN) market in Ghana is experiencing significant growth, driven by the increasing adoption of Internet of Things (IoT) applications across various industries such as agriculture, utilities, and smart cities. Key trends in the Ghana LPWAN market include the deployment of LoRaWAN and Sigfox technologies for long-range, low-power communication, enabling efficient connectivity for IoT devices over large geographic areas. The rise of smart metering, asset tracking, and environmental monitoring applications is fueling demand for LPWAN solutions in Ghana, with telecom operators and IoT service providers partnering to offer tailored connectivity services. Additionally, the government`s initiatives to promote digital transformation and innovation are further propelling the growth of the LPWAN market in Ghana.
The Ghana Low Power Wide Area Network (LPWAN) market faces several challenges, including limited network coverage in rural areas, high initial investment costs for infrastructure development, regulatory issues related to spectrum allocation and licensing, lack of awareness about LPWAN technology among potential users, and competition from other connectivity solutions. Additionally, the lack of standardized LPWAN technology in the country may hinder interoperability and scalability. To overcome these challenges, stakeholders in the Ghana LPWAN market need to collaborate with regulators to address spectrum allocation issues, invest in expanding network coverage to rural areas, educate potential users about the benefits of LPWAN technology, and work towards developing standardized solutions to drive adoption and growth in the market.
The Ghana Low Power Wide Area Network (LPWAN) market presents attractive investment opportunities for companies looking to capitalize on the growing demand for IoT connectivity solutions in various industries such as agriculture, utilities, and smart cities. With the government`s focus on digitization and infrastructure development, there is a need for reliable and cost-effective LPWAN technologies to enable efficient data transmission over long distances. Investors can consider providing LPWAN network infrastructure, developing IoT devices and sensors compatible with LPWAN standards, or offering LPWAN-as-a-service solutions to businesses looking to adopt IoT technologies. By leveraging the potential of LPWAN in Ghana, investors can tap into a market poised for significant growth and contribute to the country`s digital transformation efforts.
The government of Ghana has implemented several policies to support and regulate the Low Power Wide Area Network (LPWAN) market in the country. These policies aim to promote the development and deployment of LPWAN technologies for various applications such as smart cities, agriculture, and industrial IoT. The government has established the National Communications Authority (NCA) to oversee the licensing and regulation of LPWAN operators, ensuring compliance with technical standards and spectrum allocation. Additionally, the government has introduced tax incentives and subsidies to encourage investment in LPWAN infrastructure and services, fostering innovation and growth in the market. Overall, these policies demonstrate Ghana`s commitment to driving the adoption of LPWAN technologies and enabling digital transformation across sectors.
The future outlook for the Ghana Low Power Wide Area Network (LPWAN) market appears promising, driven by the increasing adoption of Internet of Things (IoT) technologies across various industries such as agriculture, smart cities, and utilities. LPWAN technology offers cost-effective and energy-efficient connectivity solutions, making it ideal for applications requiring long-range communication and low power consumption. With the Ghanaian government`s focus on digitalization and infrastructure development, the demand for LPWAN services is expected to grow significantly in the coming years. Key players in the market are likely to invest in expanding network coverage and enhancing service offerings to capitalize on this opportunity, leading to a competitive landscape and innovation in LPWAN solutions tailored to the Ghanaian market`s specific needs.
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 Ghana Low Power Wide Area Network Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Low Power Wide Area Network Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Low Power Wide Area Network Market - Industry Life Cycle |
3.4 Ghana Low Power Wide Area Network Market - Porter's Five Forces |
3.5 Ghana Low Power Wide Area Network Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F |
3.6 Ghana Low Power Wide Area Network Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
3.7 Ghana Low Power Wide Area Network Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Ghana Low Power Wide Area Network Market Revenues & Volume Share, By Network Deployment, 2021 & 2031F |
3.9 Ghana Low Power Wide Area Network Market Revenues & Volume Share, By Technology Service, 2021 & 2031F |
4 Ghana Low Power Wide Area Network Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Internet of Things (IoT) devices in various industries in Ghana |
4.2.2 Government initiatives to promote digitalization and smart city projects |
4.2.3 Growing demand for long-range, low-power connectivity solutions in the country |
4.3 Market Restraints |
4.3.1 High initial setup costs for deploying low power wide area network infrastructure |
4.3.2 Limited awareness and understanding of low power wide area network technology among businesses |
4.3.3 Regulatory challenges and spectrum allocation issues impacting network deployment |
5 Ghana Low Power Wide Area Network Market Trends |
6 Ghana Low Power Wide Area Network Market, By Types |
6.1 Ghana Low Power Wide Area Network Market, By Connectivity Technology |
6.1.1 Overview and Analysis |
6.1.2 Ghana Low Power Wide Area Network Market Revenues & Volume, By Connectivity Technology, 2021 - 2031F |
6.1.3 Ghana Low Power Wide Area Network Market Revenues & Volume, By SIGFOX, 2021 - 2031F |
6.1.4 Ghana Low Power Wide Area Network Market Revenues & Volume, By LoRaWAN, 2021 - 2031F |
6.1.5 Ghana Low Power Wide Area Network Market Revenues & Volume, By Weigthless , 2021 - 2031F |
6.1.6 Ghana Low Power Wide Area Network Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Ghana Low Power Wide Area Network Market, By Verticals |
6.2.1 Overview and Analysis |
6.2.2 Ghana Low Power Wide Area Network Market Revenues & Volume, By Agriculture , 2021 - 2031F |
6.2.3 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Logistic and Transportation, 2021 - 2031F |
6.2.4 Ghana Low Power Wide Area Network Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.5 Ghana Low Power Wide Area Network Market Revenues & Volume, By Industrial Manufacturing, 2021 - 2031F |
6.2.6 Ghana Low Power Wide Area Network Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.2.7 Ghana Low Power Wide Area Network Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3 Ghana Low Power Wide Area Network Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Waste Management, 2021 - 2031F |
6.3.3 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Buildings, 2021 - 2031F |
6.3.4 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Gas and Water Metering, 2021 - 2031F |
6.3.5 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Streetlights, 2021 - 2031F |
6.3.6 Ghana Low Power Wide Area Network Market Revenues & Volume, By Smart Parking, 2021 - 2031F |
6.3.7 Ghana Low Power Wide Area Network Market Revenues & Volume, By Livestock Monitoring, 2021 - 2031F |
6.4 Ghana Low Power Wide Area Network Market, By Network Deployment |
6.4.1 Overview and Analysis |
6.4.2 Ghana Low Power Wide Area Network Market Revenues & Volume, By Public Sector, 2021 - 2031F |
6.4.3 Ghana Low Power Wide Area Network Market Revenues & Volume, By Private Sector, 2021 - 2031F |
6.5 Ghana Low Power Wide Area Network Market, By Technology Service |
6.5.1 Overview and Analysis |
6.5.2 Ghana Low Power Wide Area Network Market Revenues & Volume, By Managed Services, 2021 - 2031F |
6.5.3 Ghana Low Power Wide Area Network Market Revenues & Volume, By Professional Services, 2021 - 2031F |
7 Ghana Low Power Wide Area Network Market Import-Export Trade Statistics |
7.1 Ghana Low Power Wide Area Network Market Export to Major Countries |
7.2 Ghana Low Power Wide Area Network Market Imports from Major Countries |
8 Ghana Low Power Wide Area Network Market Key Performance Indicators |
8.1 Average number of IoT devices connected to the low power wide area network |
8.2 Percentage increase in smart city projects utilizing low power wide area network technology |
8.3 Adoption rate of low power wide area network solutions in key industries in Ghana |
9 Ghana Low Power Wide Area Network Market - Opportunity Assessment |
9.1 Ghana Low Power Wide Area Network Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F |
9.2 Ghana Low Power Wide Area Network Market Opportunity Assessment, By Verticals, 2021 & 2031F |
9.3 Ghana Low Power Wide Area Network Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Ghana Low Power Wide Area Network Market Opportunity Assessment, By Network Deployment, 2021 & 2031F |
9.5 Ghana Low Power Wide Area Network Market Opportunity Assessment, By Technology Service, 2021 & 2031F |
10 Ghana Low Power Wide Area Network Market - Competitive Landscape |
10.1 Ghana Low Power Wide Area Network Market Revenue Share, By Companies, 2024 |
10.2 Ghana Low Power Wide Area Network Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |