Latest news with #Sigfox
Yahoo
13-05-2025
- Health
- Yahoo
CareBand Secures Patent for Edge-Computing Wearable Platform, Advancing Autonomous Health & Safety Insights over Low-Power Networks
CHICAGO, May 13, 2025 /PRNewswire/ -- CareBand, a pioneer in context-aware health and safety wearables, today announced the award of U.S. Patent No. 12,290,339 "Edge Computing System with Low Power Wide Area Network Connectivity and Autonomous or Semi–Autonomous Machine Learning." The patent protects an end–to–end architecture in which edge processors, neural accelerators, and LPWAN radios turn raw sensor data into actionable insights—without relying on power–hungry cloud links. "Edge AI and low–power networking are the heartbeat of tomorrow's ambient–intelligence infrastructure," said Adam Russek–Sobol, Founder & CEO of CareBand. "This patent secures the blueprint we've been perfecting since 2014: real–time location, environmental, activity, and physiological (LEAP) data processed right on the body, then delivered securely over LPWAN to keep people safe." Why it matters now Aging Population: More than 57 million people live with dementia worldwide + 10 million new cases each year. Edge acceleration: Global edge–computing spend will climb from $60 billion in 2024 to $110 billion in 2029 as organizations push analytics closer to data sources for speed, privacy, and cost savings. Battery squeeze: Cellular wearables drain power in days; CareBand's hybrid LPWAN design stretches life to months, making continuous monitoring practical in homes, factories, and field operations. What the patent covers Dual-chip system pairing an ML inference engine with a sub–GHz LPWAN microcontroller. Event–driven logic that transmits only high–value events—falls, wander risk, hazardous gas spikes. Multi-modal protocol radio stack compatible with LoRaWAN, NB–IoT, Sigfox, Amazon Sidewalk, and satellite LPWAN. Domain-trained models for dementia care, lone–worker safety, and industrial hazard alerts. Building a safer, smarter world "This patent tackles two of today's toughest challenges," noted Sriraam Natarajan, professor of computer science and director, Center for Machine Learning at The University Texas at Dallas and a CareBand advisor. "First, it respects data sovereignty by keeping raw biometrics on the device. Second, it delivers insights through networks that cost pennies a year to operate—crucial for overstretched care teams and resource–constrained regions." About CareBand CareBand is a Chicago–based company dedicated to protecting people and assets through low–power wireless communication, edge computing, and intelligent sensing. From senior–living communities to construction sites and defense applications, CareBand solutions deliver real–time location, fall detection, environmental monitoring, and predictive health insights. Visit media@ View original content: SOURCE CareBand, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
IoT Connectivity Market to Reach USD 51.51 Billion by 2032, Driven by 5G, Automation, and Smart Infrastructure
The IoT connectivity market is experiencing rapid growth, driven by advancements in 5G, automation, and increasing demand for real-time data. Pune, April 28, 2025 (GLOBE NEWSWIRE) -- IoT Connectivity Market Size Analysis: 'The IoT connectivity market, valued at USD 8.43 billion in 2023, is expected to reach USD 51.51 billion by 2032, growing at a strong CAGR of 22.33% from 2024 to 2032.'Get a Sample Report of IoT Connectivity Market@ Major Players Analysis Listed in this Report are: Aeris Communications India Pvt. Ltd. (Aeris IoT Platform, Aeris Mobility) AT&T Inc. (AT&T IoT Services, AT&T Control Center) Cisco Systems Inc. (Cisco IoT Solutions, Cisco Jasper) Huawei Technologies Co. Ltd. (Huawei IoT Cloud, Huawei 5G IoT Solutions) Orange (Orange Business Services, Orange IoT Solutions) Sierra Wireless (AirLink Routers, Octave IoT Platform) Sigfox (Sigfox IoT Network, Sigfox Backend Services) Telefonaktiebolaget LM Ericsson (Ericsson IoT Accelerator, Ericsson Device Connection Platform) Telefónica S.A. (IoT Global Platform, Telefónica IoT Connectivity) Telit IoT Platforms, LLC (Telit IoT Modules, Telit Connectivity Platform) Verizon Communications Inc. (Verizon IoT Solutions, Verizon ThingSpace) Vodafone Group Plc (Vodafone IoT Platform, Vodafone Automotive) Hologram (Hologram IoT SIM Cards, Hologram Data Plans) Particle (Particle IoT Devices, Particle Cloud Platform) EMnify (EMnify IoT Platform, EMnify Cellular IoT Solutions) Moeco (Moeco IoT Network, Moeco Data Management) IoT Connectivity Market Report Scope: Report Attributes Details Market Size in 2023 USD 8.43 Billion Market Size by 2032 USD 51.51 Billion CAGR CAGR of 22.33% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers • AI Integration in IoT Drives Cost Savings and Revenue Growth Across Industries• Connected Devices and Smart Systems Propel IoT Connectivity Market to New Heights This remarkable expansion is driven by the accelerating adoption of smart devices, advancements in 5G and LPWAN technologies, and increasing enterprise demand for real-time data and automation. Industries such as manufacturing, healthcare, logistics, and agriculture are increasingly integrating IoT solutions to enhance operational efficiency, reduce costs, and drive innovation. Moreover, the growing push for digital transformation and the expansion of smart city initiatives globally are further fueling demand for scalable, secure, and low-latency connectivity infrastructure across diverse IoT applications. The U.S. IoT connectivity market, valued at USD 2.08 billion in 2023, is expected to reach USD 12.41 billion by 2032, growing at a strong CAGR of 21.94% from 2024 to 2032. The growth of the U.S. IoT connectivity market is driven by several key factors. The rapid expansion of smart infrastructure ranging from connected homes to intelligent transportation systems is creating strong demand for reliable and scalable connectivity. Widespread 5G deployment, combined with increasing adoption of low-power wide-area networks (LPWAN), is enabling more efficient, high-speed communication across devices. Additionally, U.S. enterprises are prioritizing digital transformation, leveraging IoT for predictive maintenance, supply chain optimization, and real-time analytics. By Enterprise Type, Large Enterprises Dominated IoT Connectivity Market, SMEs to Record Fastest Growth In 2023, large enterprises dominated the IoT connectivity market in 2023 with a 56% revenue share, aided by their robust financial capabilities and advanced infrastructure. Such companies are well equipped to deploy extensive IoT installations across various industries like manufacturing, logistics, and supply chain management. Their risk-absorbing capacity and scale of investment enable them to generate significant returns, further endorsing successive investment in emerging IoT technologies. Small and medium-sized businesses (SMEs) are anticipated to witness the fastest growth in IoT connectivity, with a forecasted CAGR of 23.13% until 2032. The growing availability of low-cost, cloud-based, and scalable IoT solutions allows SMEs to improve operational efficiency and customer interaction. With IoT technology becoming increasingly accessible, smaller companies are using these tools to compete more efficiently, lower costs, and fuel innovation without the weight of high initial investment. By Application, Smart Manufacturing Leads IoT Connectivity Market, Smart Retail to Grow Rapidly Smart manufacturing holds the largest share of the IoT connectivity market at 35%, driven by widespread adoption of automation, predictive maintenance, and real-time monitoring. These technologies reduce downtime, streamline operations, and optimize resource usage. As manufacturers seek to enhance productivity and simplify complex supply chains, IoT becomes integral to their digital transformation strategies. This dominance is expected to continue as industrial innovation demands scalable, connected solutions. Smart retail is poised for rapid growth, projected to expand at a CAGR of 23.75% from 2024 to 2032. This growth is fueled by the rising demand for personalized shopping experiences and real-time supply chain visibility. IoT enables retailers to track inventory, engage customers more effectively, and create seamless, data-driven interactions. As consumer expectations shift toward convenience and speed, retailers are accelerating investment in connected technologies to stay competitive. By Component, Solutions Dominate IoT Connectivity Market, Services Segment Set for Fastest Growth In 2023, solutions represented 57% of total revenue in the IoT connectivity market, fueled by increasing demand for integrated platforms, smart sensors, and connectivity hardware. These end-to-end solutions facilitate real-time data gathering, automation, and more intelligent decision-making, and thus are invaluable as industries ramp up their digital activities. The desire for secure, turnkey systems continues to place solutions as the foundation of IoT deployment across industries. The services segment is expected to expand at the fastest CAGR of 22.92% during 2024-2032, driven by the increasing demand for specialized assistance in network management, analytics, and cybersecurity. As companies increasingly implement IoT, they need continuous expertise to integrate, secure, and optimize their systems. This is propelling the growth of professional and managed services that are specific to complex, dynamic IoT environments. Do you have any specific queries or need any customization research on IoT Connectivity Market, Make an Enquiry Now@ IoT Connectivity Market Segmentation: By Enterprise Type Buildings and Home Automation Smart Energy and Utility Smart Manufacturing Smart Retail Smart Transportation Others By Enterprise Size Small and Medium-sized Enterprises Large Enterprises By Component Solution Services North America Leads IoT Connectivity Market, Asia Pacific Set to Grow Fastest North America led the IoT connectivity market in 2023, capturing 35% of the global share. Its leadership is credited to accelerating technology development, early adoption rates, and a well-established digital infrastructure. Industrial demand is being driven in the U.S. by sectors such as healthcare, automotive, and retail. 5G rollouts backed by the government, smart city investments, and strong consumer spending capabilities further support the region's solid footing for improving IoT deployment and innovation. Asia Pacific is expected to grow at the fastest CAGR of 23.29% during the 2024-2032 period. Driven by industrial automation, urbanization, and digitalization, accelerated adoption in China and India leads the pace. Large investments in infrastructure, conducive government regulations, and massive expansion of mobile networks are cultivating an environment favorable for IoT development. The emphasis of the region on scalable efficiency is placing it at the helm for long-term IoT innovation of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. IoT Connectivity Market Segmentation, by Enterprise Size 8. IoT Connectivity Market Segmentation, by Enterprise Size 9. IoT Connectivity Market Segmentation, by Component 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Related Reports: IoT Microcontroller Market Size by 2032 IoT Security Market Analysis by 2032 IoT Analytics Market Share by 2032 Industrial IoT (IIoT) Market Forecast by 2032 IoT Energy Management Market by 2032 CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
