IotaComm, TEKTELIC and Semtech recently announced a product development and licensing agreement to develop a gateway based on the LoRaWAN® standard and Semtech’s LoRa® chipset.
The market for smart home technology continues to grow at a rapid pace. Research from Statista shows that revenue in the European smart home market is projected to reach £18,504m in 2021, growing to £31,682m by 2025, by which time there will be over 97m smart home users.
Across the board, from home automation to smart kitchen appliances and voice assistant-enabled lighting, consumer electronics companies are using the Internet of Things (IoT) to connect everyday devices to the cloud, bringing new opportunities and control for consumers.
The global pandemic has added to this growing trend, causing people to spend more time at home and think afresh about how their home is used and controlled. An April 2021 report by International Data Corporation (IDC) shows that video entertainment, smart speakers and security and monitoring were the top categories in smart home technology in 2020 as householders sought to improve their homes.
As the technology and market has developed, users’ expectations have changed. At first, users were attracted to gimmicky applications but are now more concerned with real world uses that bring actual benefits to their lives. Moving forward, the smart home market will start to see more products that can have a significant impact on the consumer’s day to day life. This wide range of products includes technology and applications such as pet geofencing, which can set boundaries for a pet and warn the owner when it strays outside this area. Other examples could be connected pest traps, telling householders when the trap has been activated.
Asset tracking is one of the most widely deployed Internet of Things (IoT) applications. According to Juniper Research, there will be a 27% increase in asset tracking usage over the next five years, growing from 90 million in 2020 to 114 million by 2025. With this increase, IoT solutions need to enable the efficient and reliable monitoring of assets as they move through the production cycle, and often throughout large warehouses and campuses. Having access to reliable location data is increasingly valuable to production managers, reducing the potential for assets to be misplaced or lost entirely during their journey.
Many industries are investing in smart technologies to replace legacy systems with automated asset management solutions. Legacy asset management systems are often power hungry and require multiple devices, software and services from numerous vendors, resulting in increased complexity and cost.
At the same time, IoT solutions can be expensive or impractical to implement because of the vast area the asset needs to travel. The main difficulty is linking remote sensors wirelessly to the internet across a variety of sites, both indoors and outdoors – even across different countries – in a seamless manner. The ideal wireless solution should be cost efficient, low power and secure, with the ability to work over long distances. By coupling those features with a low cost and lightweight solution with a standardized infrastructure, the result is a reliable tracking solution that allows logistics operators to reduce downtime during transportation.
Wouldn’t it be nice to have geolocation as a native service on any type of connected device? Wouldn’t it be even better if there were a solution with up to 10 times the extended battery life of existing Cellular solutions? How about allowing customers to pay for their geolocation services only when needed? The future of geolocation has arrived.
Traditional utility operations are labor intensive and utilize subjective measurement by field personnel. Meters are often located in dense urban environments, indoors or even underground, and can be challenging—if not impossible—to reach by wireless technologies. By implementing a smart utilities infrastructure comprised of sensors and gateways utilizing the LoRaWAN® standard including streaming analytics and artificial intelligence (AI), utility and metering companies can collect real-time data , analyze it and act on insights from data no matter where it’s generated – enabling more efficient use of resources and personnel for streamlined operations.
It is hard to believe it has only been six years since the introduction of Semtech’s LoRa® devices and the LoRaWAN® standard. Everyone, from Internet of Things (IoT) developers, global corporations, to network providers have been contributing to a robust LoRaWAN ecosystem, enabling the digital transformation of multiple industries.
Hunger Decimates Communities Worldwide
World hunger is a catastrophic issue facing millions of people, and it is on the rise. Globally, around 690 million people go to bed hungry each night, and this figure is expected to increase to 840 million people by 2030.
Smart retail, which refers to the hybridization between traditional shopping methods and modern “smart” technologies, is transforming the retail landscape. Through the Internet of Things (IoT), data is accumulated via communication between implanted devices and computers. As a result, consumers may enjoy a more personalized, faster and more intuitive retail experience. This can manifest as individualized coupons and smartly curated inventories.
With more than 178 million end nodes, 1.3 million gateways and 150 public or private network operators and growing, Semtech’s LoRa® devices is the de facto wireless platform of Internet of Things (IoT)*. ABI Research estimates that by 2026, more than 50% of all non-cellular low power wide area connections will feature LoRa. The proliferation of LoRa devices and the LoRaWAN® protocol is undeniable.
Densely populated urban cities are now home to an incredible 83% of all people living in the United States. As more people flock to the opportunities and culture available in urban areas, the risk of flooding is rising dramatically. In fact, flooding resulted in $45.9 billion in economic losses in 2019 alone.