More and more market segments are looking to 4G and 5G cellular to connect their IoT applications.

Cellular (4G and 5G) technologies have become simplified and cost-effective, while remaining ultra-reliable and secure, leading us to today where it is well-accepted as the best technology to connect virtually any IoT application, from the smallest sensor device, on up to asset trackers, alarm panels, and connected cars. 4G and 5G are about spectrum efficiency, longevity, scalability, and economic advantage for device makers and operators, and no other low power, wide area (LPWA) technology can compare. It is inevitable that eventually, all devices connected to the vast internet of things will be connected by cellular 4G and 5G.

Applications

Smart Meters

Increasing investment in smart grid projects, caused by growing interest of utility companies in conservation, efficiency, and cost reduction in electric, gas, and water meter reading, has created opportunities in residential, commercial and industrial market segments.

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Trackers

According to B.I intelligence, 1.9 trillion dollars of economic value could be created by the use of asset tracking solutions in the IoT.

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Wearables

Wearables shipments in Q4 2016 reached 33.9 million units according to IDC up 16.9% year over year.

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Smart Home

In 2016 80 million smart home devices were delivered worldwide and in 2017, the number will be 130 million, according to IHS Markit.

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