Thanks to the wide range of wireless connectivity technologies available today, consumers and enterprises are able to acquire data that can provide a host of marketing, operational, and design insights. Research firm IDC estimates global commerce for the Internet of Things (IoT) will surpass $1 trillion by 2022, spread across consumer, enterprise, healthcare, and industrial applications. As the promise of a wirelessly connected world becomes a reality, there’s a growing need for LTE technologies that address low cost, long battery life, security, and reduced complexity—all critical components for the IoT.
Connectivity Options for IoT Devices
Massive growth has turned the IoT into a fragmented market with a diverse set of applications and use cases. Whether indoor or outdoor, fixed or mobile, low or high data rate, there are wide ranging and often differing requirements. To address this fragmentation, IoT device manufacturers are utilizing a broad spectrum of networking protocols in both licensed and unlicensed bands.