People have begun to realize the importance of smart energy for their everyday lives. The ability to control energy usage and the multitude of methods to manage energy usage provide a sense of empowerment for everyone as they all want to know how much energy they use, how they can stop wasting energy, and ultimately, how they can save money. Despite what the consumers want, the current energy meters are not clever enough to meet the growing expectations. Thus, naturally, the need for a connectivity solution to create an intelligent, safe, stable, and efficient ecosystem between smart meters emerged as the IoT market began to gain momentum.
Smart Security, projected to become a $2.7 billion market by 2025, enables people to track, record, and keep homes and commercial buildings safer. These are cameras, windows and door monitors, alarms, and more—and all can be used in conjunction with a smartphone app or monitoring system. Wi-Fi is the protocol of choice to connect security devices, many of which require video streaming. Newratek wide-area coverage of the entire premises and low-power consumption aids the high performance of these security devices.
Smart home, also known as home automation, is the use and control of home appliances remotely and/or automatically. Home automation can include the scheduling and automatic operations of water sprinklers, heating and air conditioners, window coverings, security systems, lighting, and kitchen appliances. It may also allow vital home functions to be controlled remotely from anywhere in the world using PCs, tablets, and/or smartphones as long as the devices are connected to the Internet.
Smart city concept integrates information and communication technology (ICT), and various physical devices connected to the network (IoT) to optimize the efficiency of city operations and services and connect to citizens. Across the globe, smart city technology spending is expected to reach $135 billion by 2021 and services include public transportation, traffic control, emergency warning, publicly accessible internet, city surveillance and more. Newratek components will be crucial in building a highly-performing, yet cost-effective smart city network.
Industrial sectors, which include factories, agriculture, infrastructure, and the environment, are huge markets within the IoT industry. Industrial automation is the use of control systems, such as computers or robots, and information technologies for handling different processes and machinery in place of human labor. Utilizing wireless sensors and connectivity can help bolster productivity, efficiency, and cost-effectiveness by receiving and transmitting crucial data.
Healthcare is the maintenance or improvement of health via the diagnosis, treatment, and/or prevention of disease, illness, injury, and other physical and mental impairments in human beings. Hospitals, clinics, and other healthcare facilities face exploding demand for Wi-Fi, whether it be to meet the needs of more than 90% of physicians with smartphones or to wirelessly connect the multitude of medical devices to provide real-time monitoring, precise locations, and patient-centered workflow supports. Wi-Fi enables fast access to electronic patient records, improves staff communication, and speeds up delivery of medical documents.