LABEGE, France & BOSTON--(BUSINESS WIRE)--Responding to strong demand for energy-and-cost efficient Internet of Things (IoT) connectivity in the U.S., SIGFOX, the world’s leading provider of dedicated IoT connectivity, announced today it will expand deployment of its network in 100 cities across the country in 2016.
Currently operating in 18 countries and registering over 7 million devices in its network, SIGFOX is the world’s leading provider of a subscription-based low-power, wide-area (LPWA) communications offer for the Internet of Things. Its expansion in Latin America last month, with network deployment underway in Brazil, marked the company’s presence on all continents and another step in its goal of establishing one global, seamless network that provides ubiquitous connectivity for billions of objects.
IDC forecasts that by 2020 North America will have the world’s third-largest installed base of IoT units (7.5 billion) and, correspondingly, the third-largest market for IoT-generated revenue ($1.9 trillion). To achieve rapid network deployment in 100 U.S. cities before year-end and meet the market’s strong demand, SIGFOX has strategically partnered with multiple site owners, including tower, rooftop and billboard sites. Together the partnerships give the company access to more than 230,000 sites across the United States.
Taking advantage of the simple and fast rollout of the network, which requires far lighter infrastructure than traditional wireless networks, SIGFOX will need a limited number of these sites to further extend its network’s footprint in the country.
“The U.S. is a huge growth market for Internet of Things connectivity, especially in smart cities, utilities, shipping and agriculture sectors that require large-scale and cost-effective communication,” said Allen Proithis, president of SIGFOX North America. “Our partnerships with these site owners enables SIGFOX to leverage existing sites to rapidly deploy our out-of-the-box connectivity solution in the U.S. market. SIGFOX’s low-cost Internet of Things connectivity complements cellular networks, and allows billions of additional devices to participate in the benefits of IoT.”