Growing with the IoT industry - A look back at 10 years of LoRa's meteoric rise
LoRa has also had a remarkable success in the last 10 years. As of March 30, 2023, 6 million LoRa-based gateways have been deployed worldwide, 300 million LoRa-based end nodes, and 181 public network operators have adopted LoRaWAN connectivity and counting.
LoRa development milestones
- 2012: Semtech acquires LoRa technology through the Cycleo acquisition
- 2013: Semtech launches its first LoRa chip product
- 2015: The LoRa Alliance is formed and the LoRaWAN standard is launched, gradually forming a broad industry ecosystem
- 2018: Semtech acquires TrackNet, laying the technical foundation for asset tracking products
- 2019: Semtech launches the first LoRa CloudTM service platform
- 2020: Semtech launches the LoRa EdgeTM geolocation platform
- 2021: LoRaWAN is officially approved by the International Telecommunication Union (ITU-T) as a global communication standard for Low Power Wide Area Networks (LPWAN), marking its transition from an IoT de facto standard to a true international standard
- 2022: Semtech introduces the LoRa Edge LR1120 chipset, offering multi-band LoRa and long-range frequency hopping spread spectrum (LR-FHSS) communications
Eco-building and technology innovation help LoRa "tap" into the trillion dollar IoT market
Over the past decade, the IoT market has seen the emergence of a variety of low-power IoT technologies. Among them, LoRa has grown rapidly thanks to its unique ecosystem strategy, which unites upstream and downstream companies in the industry chain (including network operators, device manufacturers, software providers, chip providers, cloud and application providers, etc.). Through this synergy, widespread adoption of LoRa technology and the LoRaWAN standard has been achieved. 2015 saw Semtech join industry leaders such as Cisco and IBM to form the LoRa Alliance®. The alliance has quickly grown to become one of the largest and fastest growing technology alliances in the world.