DATA AND DEVICES / TREND PAPER
Smart IoT Applications and Environments:
Key Antenna Considerations in Designing Your Smart Ecosystem
PAGE 4
Trend 1: Smart Tracking
Smart tracking is a growing trend presenting significant
market opportunity for companies looking to enter
the space. It is increasingly being developed for use in
telematics and on-board diagnostics (OBD) – two major
areas within the global vehicular and transport industries
that are experiencing significant growth. Smart tracking is
also used for the asset tracking of physical assets, again
used in transport, as well as with global distribution and
logistics players. Another area of growth, the IoT-supported
asset tracking market is expected to account for 93% of
all enterprise and industrial IoT solutions in the current
environment. (3)
In building a smart tracking application, a customer has
to consider a number of technological challenges and
requirements to ensure the right antenna system.
Global commercial telematics
market is expected to grow by
$23.15 billion from 2020-2024; the
U.S., Germany, China and Canada
are its largest markets, with
Asia-Pacific expected to witness
significant growth (2)
Global asset tracking market
will reach $32.0 billion by 2024,
growing at 14.9% CAGR (3)
Global asset tracking market for AI
in embedded devices will grow at
28.2% through 2024 (3)
Challenges Solutions
Harsh environmental conditions
Oer robust design in dry and moisture
prone areas
Battery power saving
Ensure high eciency to prolong
battery life
Controlling the orientation of the
antenna, as well as its radiation pattern
performance
Operate with multiple frequencies and
provide omni-directional performance
Uninterrupted cellular signal for
diagnostics performance
Deliver high eciency
Global tracking
Provide services across the globe,
ensuring multiple frequency bands