IoT Analytics has published a new analysis that provides an overview and insights into the LPWAN market in 2024.

This analysis is derived from the “Global LPWAN Market Tracker and Forecast 2015-2027 (Q1/2024 Update)” – a tracker that includes market data on worldwide LPWAN connections and module shipments from 2015 to Q4 2023, including market projections for 2024 to 2027.

Key Insights:

LPWAN connectivity is on the rise. There were nearly 1.3 billion LPWAN IoT connections globally by the end of 2023, according to IoT Analytics’ Global LPWAN Tracker and Forecast 2015–2027 (updated Q1 2024). This is expected to grow at 26% CAGR until 2027.
NB-IoT comprises 58% of these connections. However, that does not tell the whole story about NB-IoT’s global adoption, as China’s nationwide adoption policy has greatly skewed this number.
In 2023, licensed LPWAN connections surpassed unlicensed LPWAN connections, even when excluding China’s saturation of NB-IoT, a licensed LPWAN connectivity technology.

Key Quotes:

Knud Lasse Lueth, CEO at IoT Analytics, remarks: “In less than a decade, LPWAN technology has transformed from a nascent market into 1.3 billion connections. This remarkable growth, propelled by both licensed and unlicensed LPWAN technologies, underscores the critical role of low-power wide-area connections in powering IoT applications across diverse industries. At IoT Analytics, our dedication lies in delivering precise, actionable insights that empower stakeholders to adeptly navigate the rapidly evolving IoT connectivity landscape.”

Satyajit Sinha, Principal Analyst at IoT Analytics, adds that:

“LPWAN technology is evolving rapidly. Integration with satellite IoT connectivity is a natural progression in the field and will likely pave the way for new applications and connect previously unconnected things. Both NB-IoT and LoRa technologies have important roles to play in this hybrid connectivity model, enhancing the efficiency and reach of IoT applications.”

LPWAN Market overview

There are nearly 1.3 billion LPWAN IoT connections globally, according to IoT Analytics’ Global LPWAN Tracker and Forecast 2015–2027 (updated Q1 2024), which tracks LPWAN market data at a granular level across regions, industries, and types. This represents approximately 8% of the over 16 billion connected IoT devices worldwide in 2023.

The LPWAN tracker forecasts that the number of LPWAN connections will grow at a 26% CAGR until 2027, reaching 3 billion at that time, or 10% of all IoT connections worldwide. Behind this growth is the need for use cases like remote monitoring that require infrequent data transmission and battery operation, which LPWAN is especially suited.

The tracker shares granular LPWAN market data across regions, industries, and technology types, including revenue, shipments, and connections. Here, we will look at three insights from the tracker that merit context, as discussed below:

1. China’s “Big Connectivity” strategy skews global LPWAN connection data
2. LoRa remains the leading LPWAN technology outside of China
3. Licensed LPWAN connectivity technology surpassed unlicensed in 2023, even when excluding China’s weighted adoption rate

Market insight 1: China’s “Big Connectivity” strategy skews global LPWAN connection data

Globally, NB-IoT has the largest share of LPWAN connections at approximately 54%. However, this does not paint a clear picture of the world’s adoption of this LPWAN technology.

In 2016, China—the world’s most populated country—made the nationwide rollout of NB-IoT part of its “Big Connectivity” strategy for 2016 to 2020 to support a wide range of use cases. One such use case is smart metering, in which China is a regional leader in adopting smart gas and water meters. According to the LPWAN tracker, by 2023, ~81% of all LPWAN connections in China were NB-IoT, and the country accounted for ~84% of all global NB-IoT connections.

The following charts help demonstrate the impact of China’s dedicated adoption of NB-IoT on global LPWAN connections. On the top chart, we see NB-IoT’s share of LPWAN connections skyrocket between 2016 and 2023—the timeframe for China’s “Big Connectivity” strategy. However, on the bottom chart, China’s LPWAN data are excluded from the global totals, and NB-IoT’s climb—while significant—is nowhere near as pronounced. By the start of 2024, LoRa had a sizeable lead over the other technologies.

This does not mean NB-IoT is not gaining steam elsewhere, however. As the bottom chart shows, when excluding China, NB-IoT comprised 20% of LPWAN connections in 2023—a quick climb since its 3GPP standardization in June 2016. By 2027, the LPWAN tracker forecasts NB-IoT to reach 23% of China-excluded global LPWAN connections, while LoRa is expected to maintain its lead at 36%.

Interesting new use cases are helping drive NB-IoT’s increasing share of LPWAN connections. In July 2023, Spain-based low-Earth orbit (LEO) constellation satellite operator Sateliot and Spanish multinational telecommunications company Telefónica successfully tested an end-to-end roaming 5G cellular network in space using NB-IoT. In January 2024, IoT Analytics noted this test as the most innovative IoT connectivity technology development in 2023.

Market insight 2: LoRa remains the leading LPWAN technology outside of China

When excluding all LPWAN data from China, LoRa has the leading share of global LPWAN connections at 41%—more than double NB-IoT’s share.

Though LoRa’s share of LPWAN connections is decreasing, the technology’s market is still forecasted to grow at a CAGR of 17% by 2027. Helping drive this growth are smart water and gas metering applications, sustainability applications, such as agricultural resource management and optimization, and asset monitoring and tracking solutions, such as US-based semiconductor manufacturer Semtech’s LoRa Edge technology.

Market insight 3: Licensed LPWAN connectivity technology surpassed unlicensed in 2023, even when excluding China’s weighted adoption rate

According to the LPWAN tracker and forecast, licensed LPWAN technology reached a milestone in 2023: its share of LPWAN connections surpassed that of unlicensed LPWAN connections without the assistance of China’s weighted adoption of NB-IoT, a licensed LPWAN technology.

When considering China’s adoption of NB-IoT, licensed connections had already surpassed unlicensed ones by 2020. However, as shown above, NB-IoT’s share of LPWAN connections is not representative of global adoption due to China’s dedicated nationwide rollout of the NB-IoT. Now, without China’s significant boosting considered, it appears that licensed connections are on the rise worldwide and are forecasted to comprise 58% of LPWAN connections in 2027.

Helping drive the rise of licensed LPWAN are cases like smart city management. China offers a good use case with its smart meters, but there are other case studies around the world. For example, Germany-based IoT sensor and data analysis company Sentinum sought to address inefficiencies with public waste management, such as waste collection trucks driving routes where some waste bins are not full. It wanted to use LPWAN connectivity due to its low-power demands, further adding to sustainability.

Sentinum partnered with Vodafone, a UK-based global telecommunications provider, to leverage Vodafone’s licensed LPWAN (specifically, NB-IoT) to reliably relay bin fill data to Sentinum’s backend servers and alert municipal waste disposal staff what bins need collection. Vodafone notes that some applications can experience a time savings of 40% and a CO2 reduction of around 25%.

Analyst assessment: Key LPWAN trends to watch

These insights are from the updated Global LPWAN Tracker and Forecast 2015–2027, which readers can leverage for granular data across regions and industries. Later in 2024, IoT Analytics is planning to publish a full LPWAN market report, which will dive into the LPWAN market data, trends, and company insights. For now, here are two trends worth watching: 1) cooperation and convergence and 2) addressing LPWAN’s limitations.

Trend 1: Convergence and collaboration

The LPWAN industry has evolved significantly over the last decade, and the technology has become more popular. With the market maturing and taking hold within greater IoT connectivity, there appears to be a shift from the early days of high competition to an increased focus on convergence and cooperation.

For example, on July 25, 2023, US-based semiconductor manufacturer Semtech Corporation announced a collaboration with UnaBiz, a Singapore-based IoT solutions provider specialized in LPWAN connectivity, to integrate Unabiz’s Sigfox 0G technology into Semtech’s LoRa Edge and LoRa Connect platforms. This partnership aims to create a cost-effective, versatile platform by offering Sigfox technology support in Semtech’s LR1110, LR1120, and LR1121 products through Sigfox-specific APIs.

Moreover, this initiative highlights the industry’s push towards sustainable, adaptable IoT solutions, allowing customers to choose optimal connectivity based on their unique use cases and sustainability objectives. It is these solutions that will drive the market through 2027, and possibly beyond.

Trend 2: Addressing LPWAN limitations

There are still some limitations of LPWAN that need to be addressed. For example, LPWAN was designed around point-to-point connectivity, not large-scale connectivity with heavy data loads. Higer packet transmission can make LPWANs susceptible to interference from a number of sources (e.g., atmospheric/electrical noise, other radio networks, or even jamming).

To address this, transmission protocols need to ensure that complete data structures are delivered to their endpoints. One notable approach gaining attention in the LPWAN field is from mioty Alliance, a group of businesses, institutes, and engaged individuals aiming to enhance IoT connectivity solutions.

The alliance’s solution is to leverage the Telegram Splitting Multiple Access (TSMA) method to split data packets into smaller subpackets at the sensor level and transmit the packets over different frequencies and time marks. An algorithm on the receiving end will monitor for mioty subpackets and reassemble them into complete messages, ensuring complete messages are received even if one or a few frequencies are experiencing interference.

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Quectel, a global IoT solutions provider, and The Things Industries, a global leader in LoRaWAN® Internet of Things (IoT) solutions, today announces a partnership that ensures the Quectel KG200Z LoRaWAN module, comes integrated with “Works with The Things Stack” and “Secured by The Things Stack” certifications, providing users with a robust and secure LoRaWAN solution.

The Quectel KG200Z module harnesses the power of the STM32WL by STMicroelectronics, offering exceptional performance for long-range, low-power applications. It operates within the LoRa high-frequency band, spanning from 862 MHz to 928 MHz, and incorporates advanced AES hardware encryption for enhanced security. One of the standout features of the KG200Z is its compact profile, measuring just 12.0 mm × 12.0 mm × 1.8 mm, and its LGA form package. This design ensures seamless integration into size-constrained applications while maintaining reliable connectivity.

“Quectel is committed to delivering the most reliable and secure IoT solutions to our customers, and our partnership with The Things Industries is a testament to this promise,” commented Norbert Muhrer, President and CSO, Quectel Wireless Solutions.

“By combining our KG200Z LoRaWAN module with Quectel’s best-in-classs product security approach with ‘Works with The Things Stack’ and ‘Secured by The Things Stack’ certifications, we are not just offering a product; we are providing a comprehensive solution that meets the highest standards of connectivity and security. This collaboration reflects our dedication to innovation and excellence and working with key ecosystem partners to provide best-in-class solutions.”

Through the collaboration with The Things Industries, Quectel customers are now able to use the KG200Z module in their device design and build, while running additional services through The Things Industries. This partnership empowers users to fully control the end-to-end encryption and key management while leveraging Quectel’s decades-long expertise in module capabilities.

Wienke Giezeman, CEO of The Things Industries, commented,

“With this partnership, users of the Quectel LoRaWAN module can fully integrate end-to-end encryption and key management in-house, while benefiting from the extensive experience and capabilities that Quectel’s modules offer.”

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The global cellular IoT module market’s shipments declined 2% in 2023 as compared to 2022.
Despite a decline in shipments, Quectel continued to lead, followed by Fibocom and China Mobile.
NB-IoT and 4G Cat 1 shipments declined in its top market, China, where 4G Cat 1 bis gained at 4G Cat 1 and NB-IoT’s expense.

Global cellular IoT module shipments saw their first-ever annual decline in 2023, falling 2% YoY, according to Counterpoint’s latest Global Cellular IoT Module and Chipset Tracker by Application report.

Inventory adjustments following supply chain disruption and reduced demand in some key market verticals like industrial and enterprise were some of the key factors driving this decline.

4G Cat 1 bis grew the fastest in 2023, capturing over 22% of the shipments. In China, 4G Cat 1 bis has now become the primary cellular standard for POS, smart meter, telematics and asset tracking markets, owing to its affordability and energy efficiency. The market is slowly transitioning from 4G Cat 1 and NB-IoT to more efficient 4G Cat 1 bis.

Commenting on market dynamics, Associate Director Mohit Agrawal said,

“India and China have shown positive growth due to increasing demand in the smart meter, POS and asset tracking markets. Conversely, the rest of the world witnessed a sharper decline, indicating a lack of expected market momentum.”

Agrawal added, “Around 12% of the modules shipped in 2023 were equipped with AI capabilities at the software or hardware level. These modules are gaining popularity in high-end markets such as automotive, router/CPE and PC, facilitating the management of the escalating data load in these sectors.”

Quectel, the leading module vendor, experienced a decline in its market share primarily because of weakened demand in markets outside China. The company has partnered with Syrma SGS Technology to manufacture IoT modules in India.
China Mobile and Fibocom experienced double-digit YoY growth. China Mobile’s growth was driven by smart meters, asset trackers and POS applications, while Fibocom’s growth was driven by POS and telematics applications.
This year’s merger between Telit and Thales propelled Telit Cinterion into the top five vendors of IoT modules. To further solidify its presence in India, Telit partnered with VVDN for local production.
Several Chinese brands like Unionman, OpenLuat, Lierda and Neoway have shown significant growth within specialized markets like smart meter, asset tracking and POS.

Commenting on the market outlook, Research Analyst Anish Khajuria said, “In 2024, the IoT module market is expected to return to growth in the second half of the year with normalizing inventory levels and increasing demand in the smart meter, POS and automotive segments. Moreover, substantial growth is forecasted for 2025, coinciding with the widespread adoption of 5G and 5G RedCap technologies in smart meters, routers/CPE, POS systems, automotive solutions, and asset tracking applications.”

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The Internet of Things’ introduction into manufacturing operations has caused a dramatic transformation in operations management, tracking, and optimization. Leading this revolution are CNC (Computer Numerical Control) machine shops known for their accuracy and productivity when producing metal and plastic components.

Through IoT, these facilities have the chance to increase efficiency, reduce operational costs, elevate their operations, and offer high-quality CNC machining services. It becomes increasingly important to be able to adapt and use cutting-edge technologies as the industry keeps changing. In this blog post, we’ll look in greater detail at how a CNC machine shop can benefit from the Internet of Things.

Streamlined Operations

67% of companies now leverage business process automation to optimize and streamline their routine, repetitive tasks. This trend extends to CNC machine companies as well. For these companies, streamlining processes stands out as a primary advantage of adopting IoT technology.

Shops can cut downtime, predict maintenance needs, and monitor machine performance in real time by connecting CNC machines to the internet. The machines’ sensors gather information on several variables, including vibration, temperature, and production output. With the use of this data, equipment may be maintained predictably, reducing unplanned downtime and maintaining steady production levels by servicing units before they malfunction.

Enhanced Quality Control

The margin for error is extremely small in the highly precise field of CNC machining. Even a small deviation can lead to product failure, jeopardizing customer happiness and the company’s reputation. IoT technology ushers in a revolutionary era in manufacturing, transforming quality control. HD cameras and advanced sensors continuously watch production processes. They quickly spot irregularities or deviations from set parameters. This leads to quicker decisions and higher manufacturing standards.

This advanced real-time monitoring feature is essential. It makes sure that any differences are quickly found and fixed, which significantly reduces the possibility of waste and the need for labor-intensive rework. Furthermore, the accuracy of this method makes it possible to identify any problems before they become serious ones, which promotes a proactive approach to quality control.

Optimized Energy Consumption

Another area where IoT can have a significant impact is energy efficiency. CNC machine shops can spot and get rid of operational inefficiencies by keeping an eye on their energy usage in real time. IoT systems can reduce energy consumption during periods of low demand without compromising production capacity by automatically adjusting the power utilization of equipment based on workload. This supports the store’s sustainability initiatives in addition to cutting operating expenses.

Improved Safety and Compliance

Workers in manufacturing environments face a variety of risks, and CNC machine shops are no exception. By keeping an eye on machine operations and ambient conditions, IoT can improve workplace safety by averting mishaps.

IoT solutions, for instance, can notify operators when a machine is operating outside of permissible limits or when dangerous circumstances occur. Furthermore, by automatically recording production procedures and safety precautions, the IoT can aid in ensuring compliance with industrial laws.

Data-Driven Decision Making

Being able to make decisions based on thorough data analysis is arguably one of the biggest advantages of IoT in CNC machining. The enormous quantities of data gathered from IoT devices offer insights into all facets of the business, ranging from customer happiness to supply chain management.

CNC machine shops can spot patterns, forecast shifts in the market, and modify their approach by examining this data. Proactive business management has the potential to boost competitiveness in the market, save expenses, and increase efficiency.

Customization and Flexibility

The IoT makes it possible for CNC machine companies to more effectively address the growing demand for customized products. Manufacturing can be more flexible thanks to IoT, as machines can be swiftly modified for different production runs. For stores hoping to broaden their clientele and enhance their service offerings, the ability to seamlessly transition between product lines is crucial.

Remote Monitoring and Control

The capacity to remotely monitor and control CNC machines using IoT technology is essential for resilience and operational efficiency in the linked world of modern production. In the context of today’s international production environment, where the smooth integration of processes across different geographies is crucial, this aspect becomes more helpful. With only a dependable internet connection, operators can remotely monitor and modify the functioning of CNC machines from anywhere in the world.

This remote accessibility is a vital tool for maintaining continuous production processes, especially in situations where direct access to facilities is impeded. It is not only a convenient feature. Circumstances like health emergencies, which can demand for quarantine, or natural catastrophes, which could physically destroy infrastructure, highlight the importance of remote capabilities. Businesses may protect themselves against unforeseen obstacles and ensure production continuity by minimizing potential disruptions through the use of IoT.

Conclusion

A major advancement in the industrial sector is the incorporation of IoT into CNC machine shops. These shops can attain previously unheard-of levels of quality, flexibility, and efficiency by utilizing IoT. The advantages are numerous and significant, ranging from increased quality control and streamlined operations to safer operations and optimized energy use.

Adopting IoT is becoming more than simply a benefit as the industry develops. For CNC machine shops that are dedicated to offering top-notch CNC machining services in a cutthroat and dynamic market, it is an absolute must. The path towards IoT integration for CNC machine shops is not just a means of achieving growth, but also a calculated step towards sustainability and excellence in the digital era. This is because the future of manufacturing is interconnected.

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Giesecke+Devrient (G+D) – a leading company in the security technology sector and in the development of SIM technology – has joined the IoT M2M Council, adding its influence to the fast-growing technology sector.

The IMC is the largest trade association dedicated to the IoT ecosystem with 28,000 enterprise users and product makers that deploy technology as rank-and-file members. G+D will participate in IMC programs to share its experience as one of the world’s largest producers of SIM technology, including know-how in eSIM technology, global connectivity, and vertical-market solutions for remote devices.

“G+D has been innovating for over 170 years. Our expansion into the IoT sector beyond eSIM is the ideal way to deliver additional value”, says Sam Colley, Digital Connectivity Portfolio Strategist at G+D. Colley, the IMC’s Chairman and formerly CEO of Pod Group, which, not coincidentally, was acquired by G+D in 2022, added:

“The acquisition of Pod Group was the first step in expanding G+D’s profile in the IoT, and that has been followed by the introduction of our AirOn360 eSIM platform and our vertical track-and-trace offerings.”

For its part, the IMC will provide interactions with its membership – the group is the exclusive IoT partner for the Consumer Electronics Show and the embedded world exhibitions, as well as organizing its own schedule of online events and push-content channels. IMC rank-and-file members must qualify as IoT adopters, which is unique, and the membership covers 27 different vertical markets of. It is fairly evenly dispersed between North America, Europe, Asia, and the rest of the world.

“We look forward to increasing our commitment to the IMC. It is a great platform to meet potential customers, as well as an important space for collaborating with other technology providers. We think it’s imperative that G+D introduces and shares best practices with all parts of the ecosystem. The IMC is unique in representing all the layers of the IoT stack worldwide,” says Colley.

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The Connectivity Standards Alliance (“Alliance”) Product Security Working Group is pleased to announce the release of their IoT (Internet of Things) Device Security Specification 1.0, with the accompanying certification program, and Product Security Verified Mark.

This groundbreaking initiative aims to establish a unified IoT cybersecurity standard and certification program, providing manufacturers a one-stop solution to certify their devices, enabling them to comply with multiple international regulations and standards more easily.

“The unveiling of the IoT Device Security Specification 1.0, alongside its certification program and the Product Security Verified Mark, signals an important milestone in bolstering IoT security and building confidence with consumers,” said Tobin Richardson, Alliance President & CEO of the Connectivity Standards Alliance.

“By bringing together diverse international regulations into a cohesive specification, the Product Security Certification Program streamlines the process, reduces redundancy, and provides manufacturers with a singular, respected avenue for certifying their devices globally.”

With the increasing adoption of consumer IoT devices, there is a heightened emphasis on security due to a rise in incidents involving breaches and malicious device hijackings. The Product Security Working Group aims to meet this challenge by consolidating requirements from the three most popular IoT Cybersecurity baselines from the United States, Singapore, and Europe into a single specification and certification program. This unifying effort helps manufacturers more easily and efficiently address these regulatory regimes’ requirements aiming to instill confidence in consumers and regulators.

“As consumers embrace the convenience and value of IoT devices, the Alliance is dedicated to helping to create more comprehensive protection for consumers. This initiative aims to establish a robust baseline for all consumer IoT devices,” said Steve Hanna of Infineon Technologies AG and Chair of the Product Security Working Group Steering Committee. “The Alliance’s Product Security Verified Mark and IoT Device Security Specification 1.0 will make it easier for manufacturers to address consumer IoT security requirements around the world.”

IoT Device Security Specification 1.0 Requirements

The Product Security’s IoT Device Security Specification includes dozens of specific device security provisions. IoT Device Manufacturers must demonstrate compliance with those provisions, supplying justifications and evidence to an Authorized Test Laboratory with expertise in security evaluation and experience certifying products relative to this specification.

Highlights of the specific requirements include:

Unique identity for each IoT Device
No hardcoded default passwords
Secure storage of sensitive data on the Device
Secure communications of security-relevant information
Secure software updates throughout the support period
Secure development process, including vulnerability management
Public documentation regarding security, including the support period

Nearly 200 member companies — including Amazon, Arm, Comcast, Google, Infineon Technologies AG, NXP Semiconductors, Schneider Electric, Signify (Philips Hue and WiZ), and Silicon Labs — have collaborated, pooling related technologies, expertise, and innovations enabling the IoT Device Security Specification 1.0, the accompanying certification program, and Product Security Verified Mark to meet the diverse needs of stakeholders, including consumers, device manufacturers, and regulators. Together, these companies spearheaded the process by driving requirements and specification development and ultimately helping validate the final specification.

The Product Security Certification Program and Verified Mark

Encompassing a broad spectrum of smart home devices such as light bulbs, switches, thermostats, doorbell cameras, and more, the Product Security Certification Program establishes minimum requirements for IoT devices. By consolidating several international regulations into a single set of requirements, the Certification Program streamlines the process, helping manufacturers meet certification criteria from multiple countries or regions with a single evaluation.

The Product Security Verified Mark is confirmation a product meets the specification’s security requirements, with the goal of inspiring consumer confidence. When displayed prominently on certified product packaging, store signage, and online platforms, this Verified Mark builds trust by serving as a marker for secure IoT devices. A printed URL, hyperlink, QR code, or a combination of these representations on the Product Security Verified Mark gives consumers access to more information about the device’s security features.

Looking Ahead

As technology advances and new threats emerge, the Product Security Working Group remains committed to continuously enhancing the IoT Security Device Specification and the accompanying certification program.

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We live in the time of the Fourth Industrial Revolution. It involves a new approach to production. The core of this modern approach is the introduction of IT, large-scale automation, and the spread of AI. The benefits are obvious: increased productivity and competitiveness, better workplace safety, shorter time to market for products.

In the same manner as previous industrial revolutions, the current revolution has a strong impact on the economy. New technology advancements help manufacturing, warehousing, and logistics become more efficient, resilient, cost-effective and green.

What Is Green Logistics?

Green logistics is a group of logistics measures in the supply chain and transportation. It aims to cut negative impacts on the environment as much as possible. The group encompasses initiatives to emphasize energy consumption, carbon footprint, and resource depletion. In terms of logistics, digitalization builds green transportation systems. Many logistic companies are now adopting Multi-Sensor Tracking Devices to cut logistic-related emissions.

The goal of green logistics is to decarbonize the world’s economy by 10-12% by 2025. Researchers believe that green logistics will help redesign business models. Green logistics offers immense opportunities for cargo management, planning, synchronization, and shipping functioning. It allows businesses to respond to supply chain disruptions and adapt to changes. As a result, green logistics can increase productivity by foreseeing future risks. Green logistics has the potential to balance social, economic, and environmental conditions.

Top 5 Advantages of Green Logistics

Green logistics uses several technologies and solutions like IoT (Internet of Things) to improve processes. Green logistics has many advantages including:

Decreased Pollution

Companies using multi-sensor tracking devices see an impressive reduction in pollution generated. The logistics industry handles a quarter of total carbon dioxide discharge. By 2050, this percentage may increase up to 40%, unless we take intense actions. Given the present-day ecological crisis, tracking devices are beneficial both for the company and society as a whole to decrease pollution.

Lower Transportation Costs

Logistics operations are the processes of moving produced goods from the manufacturer to the consumer. The entire process includes inventory management, fulfilling orders, and delivering packages. Green logistics reduces the number of transport operations. This is especially true for businesses with combustion vehicles, emitting greenhouse gasses. Using green logistics will help a business make necessary savings, while reducing pollution.

Reduced Packaging Costs

Product packaging accounts for nearly 50% of the world’s plastic pollution. Green logistics facilitates options for reusable and biodegradable materials for packaging. These options include polyethylene foam, paper bags/tape, and corrugated cardboard. While ecological packaging can be more expensive at the onset, using recyclable materials can ultimately decrease packaging costs.

Better Brand Image

More companies are shifting to green operations. Eco-responsible companies take a winning position according to environmentally friendly suppliers. Companies with a green logistics approach achieve competitive advantages in their businesses by meeting the demands of both B2C and B2B customers. It is estimated that the greener logistics market size may reach $2.9 trillion by 2032, which is a CAGR growth rate of 8.3% from 2023 to 2032.

Warehouse Automation

Automation of warehouses is one of the green logistics strategies. WIth diverse automated processes including IMS and WMS, green logistics reduces losses and helps manage expiration dates. Tracking devices are also a vital tech part that enables green logistics. Warehouse 4.0 meets the efficient green logistics requirements. It is a win-win for the economy and the environment.

Sensor Technologies in Green Logistics

Multi-sensor tracking devices enable companies to increase productivity and sustainability. By digitizing the processes, it becomes easier to bring greener logistics to the world. The ability to properly monitor sustainability helps to protect the planet.

Internet of Things in Enterprise Logistics
The expected number of connected devices by 2026 is 26 billion. In 2022, the market for the world’s transport and logistics sector of the Internet of Things was 31 billion USD. By 2027, this number will probably grow to 67 billion USD. Logistics is now becoming increasingly globalized, therefore enterprises are looking to optimize their transportation, from start to end. To deliver that capacity, it’s crucial to use low-power devices. Such devices seamlessly connect across networks, borders, and protocols.

Sensor Technologies

Multi-sensor trackers can monitor humidity, pressure, temperature, and light. Once integrated into logistics assets, they ensure shipments at the required conditions. Several types of sensors can be used:

Temperature sensors check temperature-sensitive cargo like chemicals, pharmaceuticals, or fresh goods. They record temperature levels on the go. If levels are above the threshold, the managers get warnings which allows them to take action.
Pressure sensors track the level of pressure in sealed containers. Multi-sensor tracking devices detect pressure changes. As this may show contamination, leak, or other issues, logistic managers will know how to prevent sensitive goods from contamination.
Humidity sensors help to oversee the level of humidity for cargo. This is important for textiles and electronics. Humidity sensors activate ventilation systems or dehumidifiers as needed. This allows companies to ensure optimal humidity conditions for their products.
Gas/chemical sensors monitor the presence of dangerous fumes or leaks in containers with gas or chemicals. Early screening is the guarantee of safety of the cargo and the employees who manage it.
Light sensors observe light levels. Such sensors detect if the area is subject to light. They prevent damage to electronics or sensitive chemicals. The sensors launch protective measures and adjust stockroom light.
Vibration sensors are helpful during cargo transits. They detect excessive movement that can impact the cargo. With data from sensors, logistics managers can act promptly.

Geography of Usage

IoT tracking devices have different interconnection technologies to adhere to specific cases. For uninterrupted tracking, they can work on land for use on rail and road. In addition, they work on transport that moves by air with tracking devices that have built-in flight modes which power back up on landing and automatically sleep on take-off. They can also work in the sea, determining the condition of goods and their position using the data from AIS that integrates with data from the base station of the shipping vessels.

Case Studies: Top Green Logistics Companies

There are many companies, committed to decarbonizing their logistic processes. They do so using multi-sensor tracking devices. For example, DHL has developed its GoGreen strategy. It uses sensors to protect against changes in humidity, temperature, vibrations, or light.
FedEx is another example that keeps updating its live-tracking devices to grow security, flexibility, and visibility. Its team brings all the gathered data and intelligence together. This information helps to comprehend cargo status and foresee problems or delays.

Conclusion

Green logistics is not only about getting cargo to its destination faster, it’s about making transportation beneficial for the environment. More companies will get greener in the next few years. They will ultimately force out those companies with traditional logistics models. Though a challenge at first, it’s important to innovate through green technology. Join the greener strategy now, it’s a win-win for companies and for the planet.

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Quectel Wireless Solutions, a global IoT solutions provider, today announces that, according to a recent milestone report by Finite State, an independent third-party cybersecurity firm, nearly 95% of all Quectel modules shipped to the United States since the beginning of 2022 have industry-leading security scores based on penetration testing and binary analysis by Finite State.

The report highlights a notable enhancement in Quectel’s security position, expanding the number of modules tested and with scores across the tested modules improving from an average of 33 to 18, up from an average of 62 to 24 in previous testing. This represents a substantial improvement, as both the initial and revised scores significantly surpass the industry average of 98 with the lowest (best) score of 10. Further, the number of and severity of vulnerabilities Finite State did identify in Quectel products or modules are significantly less than the industry standard and revealed a very limited attack surface. Those issues Finite State did discover have been quickly remedied by Quectel.

This advanced phase of testing leverages Finite State’s security technologies and expertise to conduct an exhaustive third-party evaluation of Quectel’s modules. The advanced testing encompasses an array of sophisticated security assessments designed to fortify Quectel’s modules against the evolving landscape of cyber threats, including binary analysis of numerous Quectel products and both penetration testing and binary analysis of several Quectel cellular modules.

“Entering this next phase of security testing with Finite State underscores our relentless pursuit of the highest security standards for our products,” stated Norbert Muhrer, President and CSO, Quectel Wireless Solutions.

“Our continued collaboration is a reflection of our commitment to exceed industry security expectations, ensuring our customers benefit from the most secure and reliable communication modules available – tested and verified by one of the most trusted US cyber security firms. We’re thrilled that the latest report from Finite State demonstrates our commitment and progress.”

The continued integration of Finite State into Quectel’s transparency and security program reaffirms Quectel’s commitment to pioneering unparalleled security practices in the IoT and telecommunications sectors. Quectel has made a measurable improvement in key areas such as the security health of the code, the sophistication of the vulnerability management process, and the transparency of its software supply chain.

The program is strategically designed with three key goals to address the pressing issues in cybersecurity today:

Implementing the Finite State Platform into Quectel’s DevSecOps procedures, which enhances firmware binary analysis, manages vulnerabilities efficiently, and offers specific recommendations for remediation.
Developing and sharing Software Bill of Materials (SBOM) and Vulnerability Exploitability Exchange (VEX) documents for each of Quectel’s products, which promotes a transparent environment and provides critical insights into the software components of Quectel’s devices along with any vulnerabilities they may contain.
Conducting comprehensive manual penetration tests by Finite State’s expert Red Team, which augments automated testing methods and delivers detailed security evaluations for Quectel’s product line.

Matt Wyckhouse, CEO of Finite State, commented, “Progressing to this next phase of security testing demonstrates Quectel’s commitment to leading the industry with transparent, rigorous cybersecurity practices. Quectel’s willingness to subject their products to such rigorous scrutiny is commendable and sets a new industry standard to further safeguard the IoT ecosystem.”

The outcome of this continued engagement is anticipated to enhance the security framework of Quectel’s modules and inspire a shift towards more rigorous security standards across the telecommunications industry. Quectel is dedicated to sharing insights and best practices gleaned from this process, contributing to a safer, more secure digital future.

In addition to the activity with Finite State, Quectel is actively pursuing collaboration with multiple standards-setting organizations to enhance and commit to a more rigorous set of security requirements. This initiative aims to achieve key security certifications from both industry and governmental bodies, underlining Quectel’s dedication to advancing security standards within the sector.

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‘U.S. Cyber Trust Mark’ Program Will Help Consumers Make Informed Purchasing Decisions and Encourage Manufacturers to Meet Higher Cybersecurity Standards

The Federal Communications Commission today voted to create a voluntary cybersecurity labeling program for wireless consumer Internet of Things (“IoT”) products.

Under the program, qualifying consumer smart products that meet robust cybersecurity standards will bear a label—including a new “U.S Cyber Trust Mark”—that will help consumers make informed purchasing decisions, differentiate trustworthy products in the marketplace, and create incentives for manufacturers to meet higher cybersecurity standards.

With today’s action, the Commission has adopted the rules and framework for the program to move forward. Among program highlights:

The U.S. Cyber Trust Mark logo will initially appear on wireless consumer IoT products that meet the program’s cybersecurity standards.
The logo will be accompanied by a QR code that consumers can scan for easy-to understand details about the security of the product, such as the support period for the product and whether software patches and security updates are automatic.
The voluntary program will rely on public-private collaboration, with the FCC providing oversight and approved third-party label administrators managing activities such as evaluating product applications, authorizing use of the label, and consumer education.
Compliance testing will be handled by accredited labs.
Examples of eligible products may include home security cameras, voice-activated shopping devices, internet-connected appliances, fitness trackers, garage door openers, and baby monitors.

The Commission is also seeking public comment on additional potential disclosure requirements, including whether software or firmware for a product is developed or deployed by a company located in a country that presents national security concerns and whether customer data collected by the product will be sent to servers located in such a country.

There are a wide range of consumer IoT products on the market that communicate over wireless networks. These products are made up of various devices, and are based on many technologies,
each of which presents its own set of security challenges. Last August, the Commission proposed and sought comment on developing the voluntary cybersecurity labeling program for IoT. The
rules adopted today are based on that record.

According to one third party estimate, there were more than 1.5 billion attacks against IoT devices in the first six months of 2021 alone. Others estimate that there will be more than 25 billion connected IoT devices in operation by 2030. The cybersecurity labeling program builds on the significant public and private sector work already underway on IoT cybersecurity and labeling, emphasizing the importance of continued partnership so that consumers can enjoy the benefits of this technology with greater confidence and trust

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Sequans Communications, S.A., a leading cellular IoT chipmaker, announces that it has been granted financing of 10.9 million EUR from the French government as part of the France 2030 initiative to support the development of technologies deemed to be strategically important to the national interest.

Such financing will be received with an upfront payment followed by three milestone payments over the duration of the project. The France 2030 initiative, operated for the state by Bpifrance, aims to transform key sectors of the French economy, including the telecom sector, called for projects to accelerate the development of 5G and beyond as “sovereign solutions”.

In its proposal, Sequans outlined a plan to create a new generation massive IoT chip supporting 5G NR eRedCap (5G new radio enhanced reduced capability) that meets the requirements of the 3GPP standard defined in Release 18 and beyond. 5G NR eRedCap will comply with the latest 5G NR networks and address massive IoT applications with cost-effective, low-power, and ultra-reliable connectivity required for industrial, utilities, medical, asset tracking, and automotive applications.

Georges Karam, Sequans CEO, said:

“We are grateful that our proposal was chosen by France 2030 as it strengthens and secures our massive IoT low-power 5G product portfolio development. In addition to 5G NR eRedCap support, this new chip will be backward compatible with existing 4G networks, providing a smooth transition path from 4G to the latest 5G networks for the next ten years”.

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