Qualcomm announced the company’s first 5G modem optimized for IoT. The modem, which Qualcomm says was built specifically with enterprise and industrial applications in mind, was designed with an eye toward upgradability and prolonging IoT device lifespans. The new modem could promote IoT innovation across numerous industry use cases, from retail and automation to manufacturing and precision agriculture.
5G allows for rapid, real-time data analysis of devices. 5G networks generally will enable higher data speeds, lower latency, and can support more connections for each network node. For IoT, those lower latency 5G networks will allow companies to deploy real-time remote analytics to make quick decisions using cellular networks. Companies will also be able to use IoT sensors and devices in new ways to achieve scale and efficiency.
5G connectivity improvements are essential for “mission critical” IoT applications that require guaranteed data delivery with specified latency targets.
Qualcomm’s new 5G IoT modem could accelerate IoT device adoption. Worldwide, ABI Research predicts IoT mobile connections will increase from 800 million in 2020 to 5.7 billion in 2026. By that same year, Ericsson predicts broadband and critical IoT using 4G and 5G will account for 44% of all cellular IoT connections, with 4G connecting the majority according to a 2020 mobility report. Qualcomm’s modem could accelerate this new adoption since its offering can switch over to LTE when needed and can be deployed over public or private 5G networks. Ultimately, Qualcomm’s modem will enable IoT devices to perform more mission critical communications thanks to the newfound ability to operate on 5G networks. Additionally, real-time remote analytics offered by 5G-connected IoT could significantly reduce operating costs for enterprises.
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