The primary limitation of wireless technology today is that every charger needs its unique power supply. The global over-the-air wireless charging marketĀ is estimatedĀ to expand rapidly at a staggering CAGR of 30% from now to 2025.
The growing senior population has triggered new healthcare practices to provide better assistance, such as RFID health monitoring wearables. These solutions help seniors to be more autonomous and self-reliant in taking care of their own health.
Global IoT technology encompasses a set of advanced equipment, such as meters and sensors, along with network connectivity, smart devices, and software that send data between machines and devices. This market is gaining rapid growth due to the rising adoption of artificial intelligence (AI) and connected devices based on machine learning and the increased use of cloud-based solutions.