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Low-power wide-area networks (LPWANs) are gaining popularity in the research community due to their low power consumption, low cost, and wide geographical coverage. LPWAN technologies complement and outperform short-range and traditional cellular wireless technologies in a variety of applications, including smart city development, machine-to-machine (M2M) communications, healthcare, intelligent transportation, industrial applications, climate-smart agriculture, and asset tracking. This review paper discusses the design objectives and the methodologies used by LPWAN to provide extensive coverage for low-power devices. We also explore how the presented LPWAN architecture employs various topologies such as star and mesh. We examine many current and emerging LPWAN technologies, as well as their system architectures and standards, and evaluate their ability to meet each design objective. In addition, the possible coexistence of LPWAN with other technologies, combining the best attributes to provide an optimum solution is also explored and reported in the current overview. Following that, a comparison of various LPWAN technologies is performed and their market opportunities are also investigated. Furthermore, an analysis of various LPWAN use cases is performed, highlighting their benefits and drawbacks. This aids in the selection of the best LPWAN technology for various applications. Before concluding the work, the open research issues, and challenges in designing LPWAN are presented.