Sigfox, a provider of global communication solution powering the IoT, with its ecosystem of partners, have produced what is claimed to be the first ultra-low cost IoT communication modules.
These modules significantly reduce the cost barrier, with modules up to twenty times cheaper than LTE cellular modules and five times cheaper than the closest competing technologies. In order to lower the cost barrier, Sigfox and its partners optimised every feature of the design and specification down to the silicon level, the company claims. The module specifications are also royalty free to ensure the lowest possible cost, encouraging greater levels of innovation.
This recent development by Sigfox and its partners is said to further accelerate growth and access to the Low Power Wide Area (LPWA) market, which is predicted to grow 90% annually to $24.5 billion by 2021.
The first partners delivering the ultra-low cost modules include module manufacturer, Wisol, who is already delivering samples based on ON Semiconductor single chip SoC and who will be starting mass production in December 2016. Additionally, InnoComm will be manufacturing modules based on NXP transceivers and its samples will be available from January 2017, with mass production starting in March 2017.
JiHo Kim, CEO at Wisol, said: "As a global module partner of Sigfox, we are very excited to launch the competitive module solution, ideal for limitless IoT opportunities. We are very confident that our module solutions will play a key role in enabling device makers to build IoT solutions very easily and quickly. We will keep strengthening our partnership with Sigfox to expand Sigfox's global network and ecosystem."
The Sigfox network spans across 24 countries and is on track to reach over 60 by 2018.
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