RF Innovations Give Batteries New Life
- Magazine Article
The market for smart, automated, and cloud-connected products continues to grow year-on-year, with IHS Markit forecasting the number of worldwide Internet of Things (IoT)-connected devices reaching 62 billion by the end of 2023. Many new product types are being enabled by innovative sensor technology developments and drastic improvements in processing capabilities. Consumers are adopting smart devices that promise to simplify their lives with smart locks or smart thermostats while businesses generate more productivity with smart warehousing and asset tracking. Manufacturers can reduce downtime with predictive maintenance solutions, and medical providers can be more effective through patient monitoring and hospital efficiency optimization.