The market is driven by growing IoT innovations such as disposable devices, multi-devices, radio-based geolocation, and network operator business models. The services of LPWAN ecosystem is emerging due to increasing demand for advanced technologies such as GreenWaves, LoRa based, ultra-narrow band, and haystack across the globe. LoRaWAN network is beneficial that supports radio-based geolocation to significantly lower the cost of mobile asset tracking within a 100-meter radius without any requirement of GPS. There are various technologies that develop the outdoor asset tracking system with short-range wireless technologies such as Bluetooth Low Energy (BLE) or Wi-Fi for indoor real-time technology. With the increase IoT ecosystem, there are various technologies that are contributing to the global LPWAN market growth.