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Despite 2023 Decline, Cat-1bis and RedCap are Bright Spots for IoT Cellular Module Market

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NEW YORK, July 12, 2024 /PRNewswire/ — Inventory stacking, a response to the Covid-19 pandemic, drove cellular module growth in 2021 and even into 2022.  However, in 2023 it was a major headwind, driving a shipment decline of over 5% relative to 2022.  What has buoyed the spirits of the cellular module market has been the growth of Cat-1bis.  According to a new report from global technology intelligence firm ABI Research cellular module forecasts show that Cat-1bis will replace nearly 70% of the Cat-1 market by 2029.

For years, many Cat-1 IoT devices were designed using only a single antenna which sometimes required carrier approval for use on their networks.  LTE networks are ubiquitous with good coverage hence a single antenna was sufficient.  But what device OEMs and chipset vendors realized is that Cat-1 module costs can be reduced even more by building a dedicated Cat-1bis chipset with send and receive functions delivered over a single antenna.  Not only could power consumption be lowered but also component costs.  The Cat-1bis standard in 3GPP Release 13 formalizes the common, yet informal use of single antenna Cat-1 devices.  The original Cat 1 specification in 3GPP Release 8 required two antennas.

Commenting on the new data, Dan Shey, Vice President, Enabling Platforms at ABI Research, says, “Like many new developments in the cellular IoT market, China is leading with deployment of Cat-1bis.  Outside of China, Cat-1bis penetration is much lower since it is typically the replacement technology for new device designs.  Regardless of region, based on the benefits of Cat-1bis relative to other cellular technologies, we see Cat-1bis becoming the number two technology choice for cellular IoT applications by 2029.”

Cat-1bis benefits include lower cost – outside of China Cat-1bis modules are at least 30% cheaper with even greater reductions seen in China.  Network roaming is also a benefit as 4G roaming agreements are well established unlike the challenges seen today with NB-IoT and Cat-M.  Finally, the Cat-1bis standard formalizes the use of a single antenna. The only question which will vary by use case and application is connection reliability for stationary applications.  For battery-powered IoT applications, fixed placement of a Cat-1bis device where cellular network coverage is poor could shorten battery life as single antenna devices struggle to connect to the cellular network.

But there is also another view of Cat-1bis in the market. According to Shey, “Presently it is unclear if the chipset vendors will invest in new Cat-1bis chipsets.  At Mobile World Congress, and more recently at Asia Tech Expo, RedCap was being pushed not only by module suppliers, but also the device OEMs and the chipset community.  5G RedCap is creating an opening to drive 5G device volumes in the IoT domain.  The calculus by the 5G supplier community is 5G capabilities – low latency, location granularity, and future proofing against LTE sunsets, will convince more customers to invest in these higher revenue products.”

With Cat-1bis representing the near-term opportunity and 5G RedCap the longer-term opportunity, both technologies are receiving increased investment across the supply chain. Chipset vendors will play a key role in module and device development for both technologies.  Qualcomm, Sequans, UNISOC, and ASR are all supporting both technologies; development outside of China is led by Qualcomm and Sequans.

These findings are from ABI Research’s M2M Embedded Cellular Modules and M2M Embedded Cellular Modules Update: 1H 2024 reports. This report is part of the company’s IoT Hardware & Devices research service research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:

Global                                                             
Deborah Petrara                                                           
Tel: +1.516.624.2558                                                   
pr@abiresearch.com   

View original content:https://www.prnewswire.com/apac/news-releases/despite-2023-decline-cat-1bis-and-redcap-are-bright-spots-for-iot-cellular-module-market-302195426.html

SOURCE ABI Research

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Mullen & Mullen Law Firm Launches the Mullen & Mullen Music Project

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Supporting Local Independent Music Venues and Artists

DALLAS, Sept. 23, 2024 /PRNewswire/ — Dallas based Mullen & Mullen Law Firm proudly announces the launch of the Mullen & Mullen Music Project, a dynamic initiative created in partnership with Spune Productions. The collaboration is designed to celebrate and rejuvenate the North Texas music scene by offering a platform for both emerging and established artists. The initiative kicked off with a Concert Series at local independent music venues.

Supporting Local Talent and Venues
Running from August to April, the Mullen & Mullen Music Project will feature 12 concerts at some of North Texas’s most cherished venues. The series kicked off on August 6th with a performance by Ben Nichols of Lucero at Club Dada. The Quaker City Night Hawks made their triumphant return at Tulips FTW on August 30th after a touring hiatus. The Quaker City Night Hawks concert was filmed on professional grade video cameras installed at the venue by the Music Project and live-edited by the firm’s videographer Sean Pollaro – himself a musician. The new cameras at Tulips FTW will serve as a wonderful content creation tool for local artists.

Enhancing the Music Experience
The Music Project has allowed participating venues to expedite substantial upgrades already underway. Ferris Wheelers Live has enhanced its suites and stage while embarking on an ambitious Ferris Wheel lighting project. Club Dada has upgraded its outdoor patio stage, and Tulips FTW installed the beforementioned state-of-the-art video and streaming system, enabling artists to record music and stream live performances. Each venue will also feature new murals designed and created by local artists.

A Community-Centered Initiative
Shane Mullen, Managing Attorney at Mullen & Mullen Law Firm, shared the firm’s vision: “The trust and loyalty of the North Texas community have been the foundation of our success. This project is our way of giving back by enriching the local cultural landscape and supporting the artists and venues that make our region unique.”

Corey Pond, General Manager of Spune Productions, added: “This initiative addresses the challenges faced by the indie music scene, providing more opportunities for local artists and supporting our cherished venues. It underscores the power of community, collaboration, and the enduring spirit of local music.”

Join Us in Celebrating Local Music
Over the coming months, experience the vibrant revival of North Texas’s music scene with us. Together, let’s strengthen our community while supporting local artists and independent venues. This is our backyard – let’s make it rock!

For more information, visit: https://www.mullenandmullen.com/music/

About Mullen & Mullen Law Firm:
Mullen & Mullen Law Firm has been privileged to represent injured North Texans for over 41 years. The firm is consistently recognized by TopVerdict for obtaining some of the largest personal injury settlements in the entire state of Texas. In the last 4 years, Mullen & Mullen made the “Top 50” list 44 times and the “Top 100” list 70 times. The firm offers the services of two investigators and an award-winning videographer. Website: https://www.mullenandmullen.com 

About Spune Productions:
Spune Productions is an independent leader in curating and delivering distinctive music events across Texas. Committed to enhancing communities, Spune specializes in creating impactful experiences that resonate with audiences and reflect clients’ brands. From intimate gatherings to large-scale spectacles, Spune Productions tailors each event to amplify stories through the transformative power of music. Website: https://spune.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/mullen–mullen-law-firm-launches-the-mullen–mullen-music-project-302256220.html

SOURCE Mullen & Mullen Law Firm

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Corteva to Participate in BMO Ag-Apalooza

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INDIANAPOLIS, Sept. 23, 2024 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the 2024 BMO Ag-Apalooza event at 12:00 p.m. Eastern Time on Tuesday, September 24, 2024.

Remarks will be webcast live. The webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation will be available 24 hours after the presentation ends and will be accessible until October 24, 2024.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/corteva-to-participate-in-bmo-ag-apalooza-302255653.html

SOURCE Corteva, Inc.

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SEEDING JUSTICE MAKES COMMITMENT TO ENVIRONMENTAL JUSTICE AND ECONOMIC DEVELOPMENT FOR OREGON AND PACIFIC NORTHWEST COMMUNITIES IMPACTED BY MULTIPLE CLIMATE BURDENS ON A GLOBAL STAGE AT THE CLINTON GLOBAL INITIATIVE TODAY

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PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — Seeding Justice’s Executive Director, Se-ah-dom Edmo, joins global leaders in expanding the nonprofit organization’s commitment to an inclusive green economy focusing on clean energy initiatives created by and for impacted communities.

Click here to watch Seeding Justice’s commitment video and learn more.

What:

Clinton Global Initiative

Who:

Se-ah-dom Edmo, Executive Director, Seeding Justice

When:

September 23, 2024

Where:

New York City, New York

Seeding Justice is a nonprofit organization founded in 1976 and is the region’s largest funder of grassroots organizing and community-led grantmaking.

We focus our work on frontline communities and use community guidance and leadership to help fund the most critical causes, including a new fund to support a community-centered, clean energy future.

Since 2020, our Community Fund program has granted nearly $34 million to communities across the state through Funds like the Reproductive Health Equity Fund and the Child Care Capacity Building Fund. Seeding Justice is also the founding funder of Oregon Worker Relief, the largest program of its kind in the state, and has supported the dispersal of more than $180 million through the Fund, which helps immigrant Oregonians make ends meet.

View original content to download multimedia:https://www.prnewswire.com/news-releases/seeding-justice-makes-commitment-to-environmental-justice-and-economic-development-for-oregon-and-pacific-northwest-communities-impacted-by-multiple-climate-burdens-on-a-global-stage-at-the-clinton-global-initiative-today-302256239.html

SOURCE Seeding Justice

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