Sigfox, an IoT connectivity company, is expanding its business across the United States due to an increased market for “smart” devices.
As the IoT becomes more integrated into smart homes, cars, smart factories, and large-scale transportation systems, companies like Sigfox see it as a potential advantage. The IDC predicts that IoT-generated revenue in the United States will reach $1.9 trillion by 2020, making it the third-largest market in the world with an install base of 7.5 billion IoT-connected units.
“The U.S. is a huge growth market for Internet of Things connectivity, especially in smart cities, utilities, shipping, and agriculture sectors that require large-scale and cost-effective communication,” said Allen Proithis, president of Sigfox North America, in a press release. “Our partnerships with these site owners enables Sigfox to leverage existing sites to rapidly deploy our out-of-the-box connectivity solution in the U.S. market.”
Sigfox specializes in subscription-based low-power wide-area (LPWA) communications for the Internet of Things, including a global operated telecommunications network that allows bidirectional communication. Their network is designed for small messages sent at intervals instead of high-traffic or perpetual communication, with a focus on high energy efficiency and years-long lifespan on a standard battery. Up to 140 messages can be sent per day, at up to 12 bytes per message.
They are headquartered in France, with offices in five countries and operations in 18. The expansion of the United States network will bring it to 100 cities by the end of 2016.
Filed Under: M2M (machine to machine)