Digi International Announces Digi XBee® IoT Solution for LoRaWAN at LoRaWAN® Live! 2024

MUNICH, Germany, June 18, 2024 – Digi International®, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) connectivity products, solutions and services, is excited to announce the launch of the new Digi XBee® IoT Solution for LoRaWAN at the prestigious LoRaWAN® Live! event taking place in Munich, Germany from June 19 to 20, 2024.

The launch of the Digi XBee IoT Solution for LoRaWAN marks a significant advancement in the field of IoT connectivity. Recognized globally as the standard in low-power wide-area networking (LPWAN), LoRaWAN provides unparalleled connectivity solutions for IoT applications. Projections indicate that the LoRaWAN IoT market, estimated at USD 8 billion in 2024, will grow to an estimated USD 32.7 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 32.4%. This robust growth trajectory underscores the critical role LoRaWAN will play in the future of IoT connectivity and the value of complete solutions.

Read more: https://www.digi.com/company/press-releases/2024/digi-xbee-iot-solution-for-lorawan