The burgeoning Internet of Things (IoT) can be defined as the interconnection of computing devices embedded in everyday objects, enabling these devices to send and receive data. The devices communicate with ubiquitous IP connectivity across business, government, consumer markets, monitoring and analytics in a wide array of industries. Some estimates project billions of devices will be included in the global IoT ecosystem over the next decade, positioning IoT as one of the key growing sectors in the Telecommunications Industry.
This complex web of interrelated technologies and standards allows for insights to be gained and a greater degree of control over devices to be exercised. Specific sub-markets within the IoT, such as Smart Grid technologies, are uniquely positioned IoT technologies to upgrade and update the world’s energy grid for the energy requirements of today and the near future.
Licensed Spectrum below 1 GHz is an ideal option for companies looking to develop and deploy secure IoT networks with excellent propagation and reliability with adequate capacity at a reasonable cost, although it is expected that all types of licensed spectrum will find their niche within this growing industry.