Netmore Group and Kinéis Team Up for Hybrid IoT Connectivity Solutions

Key Takeaways

  • The hybrid IoT connectivity market is projected to grow from $8.6 billion in 2025 to $89.4 billion by 2034, with a CAGR of nearly 30%.
  • Netmore Group and Kinéis have partnered to enhance IoT services, integrating terrestrial and satellite connectivity for uninterrupted coverage.
  • Practical applications include remote monitoring, predictive maintenance, proactive risk management, and optimized logistics.

Partnership to Boost IoT Connectivity

The hybrid Internet of Things (IoT) connectivity market, combining terrestrial cellular networks with satellite capabilities, is set for substantial growth. Projected to jump from $8.6 billion in 2025 to approximately $89.4 billion by 2034, this market is experiencing a remarkable compound annual growth rate (CAGR) of nearly 30%. In response to this trend, Netmore Group and Kinéis have formed a partnership aimed at providing seamless hybrid connectivity, particularly in areas lacking reliable terrestrial networks.

Netmore Group, a key player in the IoT sector, focuses on utilities, water solutions, critical infrastructure, and smart cities. This collaboration will integrate Kinéis’ satellite network into Netmore’s existing Low Power Wide Area Network (LPWAN) solutions. Kinéis operates a constellation of 25 satellites designed for IoT and AIS applications across Europe.

Through this partnership, Netmore’s clients can access satellite connectivity via the ThingPark platform, effectively expanding service beyond the limitations of LoRaWAN-based terrestrial networks. This expansion facilitates service provision in remote areas and scenarios where solely terrestrial technology is inadequate. Kinéis aims to enhance the European satellite industry’s collaboration with leading global IoT players ahead of upcoming European space summits.

Advantages of Hybrid Networks

The dual-use of terrestrial and satellite communication systems guarantees constant asset tracking, regardless of location. Terrestrial systems deliver rapid responses in urban and industrial areas, while satellite systems take over in off-grid regions.

Organizations benefit significantly from this hybrid approach:

  • Remote Equipment Monitoring: Monitoring is conducted without the need for on-field personnel.
  • Predictive Maintenance: Real-time data alerts operators to equipment wear and tear, allowing for preemptive repairs.
  • Proactive Risk Management: Early notifications regarding environmental hazards can be sent to incident management teams in remote areas.
  • Logistics Optimization: Real-time tracking aids logistics managers in route optimization and security assurance for cargo.

The system automatically switches between LPWAN and satellite communication when necessary, ensuring uninterrupted service.

Ready-to-Use Solutions and Industry Standards

Kinéis provides cost-effective, ready-to-use devices compatible with both communication types for various industries. The devices facilitate asset tracking, water and infrastructure management, and environmental monitoring.

Both Kinéis and Netmore are members of the LoRa Alliance, developing standards that improve the discoverability and communication of off-the-shelf devices with satellites in Low Earth Orbit (LEO) and Geostationary Orbit (GEO). This hybrid solution is crucial for sectors like energy, transportation, and utilities, enabling businesses to maintain essential data access globally.

The content above is a summary. For more details, see the source article.

Leave a Comment

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Become a member

RELATED NEWS

Become a member

Scroll to Top