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TDK technologies empower accessibility innovation with WeWALK’s AI-powered smart cane

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MEMS Sensors

New WeWALK Smart Cane 2 enables “unlimited mobility for visually impaired people” utilizing TDK sensor technologyIMU motion sensors enable highly accurate navigation while operating at ultra-low powerMEMS microphones accurately capture voice commands while consuming very little powerUltrasonic time-of-flight sensors enable real-time presence detection and obstacle avoidanceTDK offers a WeWALK Smart Cane 2 giveaway at its CES 2025 booth #15815*

SAN JOSE, Calif., Jan. 6, 2025 /PRNewswire/ — TDK Corporation (TSE:6762) is presenting in its CES 2025 Booth #15815 how TDK MEMS sensors and solutions enable innovation in accessibility technology, as multi-award-winning company WeWALK announces global availability of its Smart Cane 2 for visually impaired people. The WeWALK Smart Cane 2 is an intelligent assistive device empowered by TDK motion sensors, MEMS microphones, and ultrasonic time-of-flight sensors, for highly accurate navigation, voice prompts, and obstacle avoidance.

WeWALK, whose recent accolades include The King’s Awards for Enterprise Innovation and Edison Awards 2024, will join the CES Consumer Technology Association’s (CTA) Accessibility roundtable on January 6, 2025 in Las Vegas and demonstrate its innovative Smart Cane 2 at the TDK CES booth #15815, January 7-10 and WeWALK CES booth #62035.

At the CTA Accessibility roundtable, WeWALK will unveil its groundbreaking Smart Cane 2, featuring an AI-powered voice assistant. During CES 2025, live demonstrations of this innovative cane will showcase its ability to enhance mobility and independence for visually impaired people, marking a significant leap forward in accessible technology.

The WeWALK Smart Cane 2 integrates multiple sensor solutions by InvenSense, a TDK group company, as well as TDK SMT inductors and RF antennae, showcasing the potential of TDK technology to enable a variety of IoT innovations. Also at the TDK booth, members of the visually impaired community can enter to receive one of eight WeWALK Smart Cane 2 devices, in a giveaway sponsored by TDK.*

“The new AI-powered WeWALK Smart Cane 2 combines insights from our own lived experiences and the visually impaired community with TDK’s expertise in advanced sensor technology,” said Kursat Ceylan, co-founder of WeWALK. “This collaboration has allowed us to redefine mobility and accessibility, creating a truly empowering tool for visually impaired individuals worldwide.”

TDK technology within the WeWALK Smart Cane 2 includes:

InvenSense SmartMotion® 6-axis IMU sensor, enabling Smart Cane 2 users to navigate both indoor and outdoor environments with the accuracy of an integrated gyroscope and accelerometerInvenSense SmartSound™ microphone sensor, offering an intelligent voice assistant to help Smart Cane 2 users explore wherever they want to goInvenSense SmartSonic™ ultrasonic time-of-flight sensor, for world-class presence detection and obstacle avoidance, to help ensure nothing gets in the way of safety and mobilityTDK multilayer chip antenna, to send and receive signals in the required frequencyTDK wound metal inductors for power circuitsTDK multilayer ferrite inductors for decoupling circuits 

“By using multiple TDK sensors to help create the intelligence of the Smart Cane 2, the WeWALK team shows the vast potential for sensor innovation,” said Massimo Mascotto, director of product marketing for InvenSense, a TDK group company. “We believe WeWALK inspires other engineers to use TDK sensors in creating products that improve lives.”

Learn more
For additional information about WeWALK and TDK products within the WeWALK Smart Cane 2, please visit invensense.tdk.com/wewalk.

About WeWALK
Founded in 2019, WeWALK is a UK-based startup with a mission to enhance the mobility of visually impaired people. It leverages cutting-edge technology and artificial intelligence to provide innovative solutions, such as the smart cane. WeWALK’s technologies enable blind and visually impaired people to enjoy greater mobility, safety, and independence. For more information, please visit https://wewalk.io. Images are available in the WeWALK press kit.

About the CES giveaway
*To enter TDK’s giveaway of the WeWALK’s new AI-powered Smart Cane 2, visit the TDK CES booth #15815 reception desk or WeWALK booth # 62035 and provide your contact information with a request to enter the Smart Cane 2 giveaway. Daily on January 7, 8, 9 and 10, TDK and WeWALK will randomly draw two entries and confirm winners by email; all eight winners will receive the Smart Cane 2 and associated training materials on the product’s estimated shipping date of February 2025.

Glossary

IMU: Inertial Measurement Unit6-axis: 3-axis gyroscope + 3-axis accelerometerMEMS: Micro-Electro-Mechanical Systems

Main applications for TDK MEMS sensors

Accessibility and medical devicesIoT and smart homeSmartphonesWearablesHearables / TWSAR/VR and gamingAction/dash camerasDronesNavigation modulesHome and industrial robotics

About TDK Corporation
TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately “Attracting Tomorrow.” It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK’s comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2024, TDK posted total sales of USD 14.6 billion and employed about 101,000 people worldwide.

About InvenSense
InvenSense, a TDK group company, is a world-leading provider of Sensing Solutions. InvenSense’s vision of Sensing Everything® targets the consumer electronics and industrial areas with integrated Motion, Sound, Pressure, and Ultrasonic solutions. InvenSense’s solutions combine MEMS (micro electrical mechanical systems) sensors, such as accelerometers, gyroscopes, compasses, microphones, barometric pressure sensors, and ultrasonic time-of-flight sensors with proprietary algorithms and firmware that intelligently process, synthesize, and calibrate the output of sensors, maximizing performance and accuracy. InvenSense’s motion tracking, ultrasonic, audio, fingerprint, location platforms and services can be found in Mobile, Wearables, Smart Home, Industrial, Automotive, IoT, Robotics, and many more types of products. InvenSense became part of the MEMS Sensors Business Group within the Sensor Systems Business Company of TDK Corporation in 2017. In April of 2022, Chirp Microsystems formally merged with InvenSense. InvenSense is headquartered in San Jose, California and has offices worldwide.

You can download this text and associated images from https://invensense.tdk.com/news-media/tdk-technologies-empower-accessibility-innovation-with-wewalks-ai-powered-smart-cane

Contacts for regional media

Region

Contact

Phone

Mail

Global

Dawn

MORTENSEN    

InvenSense
San Jose, CA, USA

+1 408-501-2368

Dawn.Mortensen@tdk.com

North America

Sarah MACKENZIE

Publitek
Portland, OR

+1 503-720-3743

TDK-global@publitek.com

Photo – https://mma.prnewswire.com/media/2586360/TDK_WeWALK.jpg

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Self-Storage and Moving Services Market to Grow by USD 58.12 Billion (2025-2029), Driven by Global Real Estate Investments and AI-Powered Market Evolution – Technavio

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NEW YORK, Jan. 8, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global self-storage and moving services market size is estimated to grow by USD 58.12 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 9.3%  during the forecast period. Growing real-estate investments globally is driving market growth, with a trend towards emergence of cloud-based self-storage and moving services software and mobile applications. However, steep competition due to fragmented marketplace and lack of adoption rate in emerging economies  poses a challenge. Key market players include Big Yellow Group, CubeSmart LP, Extra Space Storage Inc., Kennards Self Storage, Life Storage, Men On The Move, Mid West Moving and Storage Inc., MYMOVE LLC, National Storage, PODS Enterprises LLC, Public Storage, Ready Steady Store Ltd., Safestore Holdings plc, Schroders plc, SIRVA Worldwide Inc., Spacer, The Box, and U Haul International Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Self-Storage And Moving Services Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 9.3%

Market growth 2025-2029

USD 58122.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.9

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 60%

Key countries

US, Canada, Germany, UK, China, France, Japan, India, Spain, and South Korea

Key companies profiled

Big Yellow Group, CubeSmart LP, Extra Space Storage Inc., Kennards Self Storage, Life Storage, Men On The Move, Mid West Moving and Storage Inc., MYMOVE LLC, National Storage, PODS Enterprises LLC, Public Storage, Ready Steady Store Ltd., Safestore Holdings plc, Schroders plc, SIRVA Worldwide Inc., Spacer, The Box, and U Haul International Inc.

Market Driver

Cloud-based self-storage solutions, also known as software-as-a-service (SaaS), are increasingly adopted by vendors due to their cost-effective and centralized database advantages. These solutions, hosted online, eliminate the need for vendors to manage IT infrastructure. With the ability to import data from multiple geographies and flexible access to information, these solutions are gaining popularity in the self-storage and moving services market. The market’s growth is further driven by the launch of mobile apps by industry players and the economic and operational benefits of cloud-based solutions over traditional on-premises software. During the forecast period, the share of cloud-based self-storage software is projected to expand significantly. 

Self-Storage and Moving Services Market: Trends and Insights The Self-Storage and Moving Services Market is experiencing significant growth, driven by the increasing demand for flexible storage solutions and seamless moving experiences. Key trends include: 1. Self-Storage: Growing popularity of both climate-controlled and non-climate-controlled storage options, with fixed and mobile solutions (rooms, containers) catering to various needs. 2. Moving Services: Local, interstate, and international moving services, full-service moving, DIY truck rentals, and mileage charges are shaping the market. 3. Moving Services Technology: Cloud-based services, mobile apps, contactless payments, smart devices, and big data are transforming the moving and storage industries. 4. Moving Services for Specific Groups: College campuses, military bases, urban areas, renters, and businesses (additional storage space, surplus stock, inventory) are key customer segments. 5. Industrial Automation: Automation and industrial processes are streamlining self-storage and moving services, enhancing efficiency and customer experience. 6. Online Auctions: The rise of online auctions for buying and selling storage units and moving services is another emerging trend. In conclusion, the Self-Storage and Moving Services Market is a dynamic and evolving industry, with a focus on customer convenience, technology integration, and innovation. 

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 Market Challenges

•         In the self-storage and moving services market, competition is intense, particularly in developed economies where local facilities dominate the scene. Vendors must contend with similar marketing channels and less differentiated products. The top five US vendors accounted for only 31.2% of the market revenue in 2021, leaving 68.8% to numerous regional and local competitors. The self-storage market penetration in emerging economies like China, South Africa, India, and Brazil remains low, with self-storage adoption rates in Beijing and Shanghai being just 7% of Hong Kong’s. Challenges include customer resistance to self-storage solutions, insufficient infrastructure, and low urbanization rates in these countries. These factors will impact the growth of the global self-storage and moving services market significantly during the forecast period.

•         The self-storage and moving services market face various challenges. Containers and fixed storage units require significant investment for acquisition and maintenance. Mobile storage solutions, including trailers and portable units, offer flexibility but come with higher operating costs. Climate-controlled storage is essential for certain items but adds to the expense. Not climate-controlled storage may not meet customer demands, leading to lower occupancy rates. DIY truck rentals and mileage charges can impact profitability. College campuses, military bases, urban areas, and renters present growth opportunities. New business creation, value storage, and additional space needs drive demand. Industrial automation, online auctions, contactless payments, smart devices, and big data are transforming the industry. Storage facilities must adapt to meet the needs of retail businesses, surplus stock, inventory, and refurbishing projects. Moving offices and managing moving services also present challenges and opportunities.

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Segment Overview 

This self-storage and moving services market report extensively covers market segmentation by  

Type 1.1 Self-storage1.2 Moving servicesService 2.1 Climate-controlled self-storage2.2 Full-service moving2.3 Non-climate controlled self-storage2.4 DIY moving truck rentalGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Self-storage-  Self-storage is a business that rents out storage units on a short-term basis for individuals and businesses. These units come in various sizes and types, including standard rooms and climate-controlled options, catering to diverse requirements and budgets. Self-storage has gained traction in developing countries due to urbanization and the need for additional storage space. Key features of self-storage include flexibility, convenience, and security. Tenants can easily access their belongings at any time, and the facilities offer 24/7 surveillance and secure access. Self-storage units are ideal for seasonal items, excess inventory, or documents that require protection. The market growth is driven by increasing urbanization, a rise in the number of small businesses, and the need for additional space in both residential and commercial sectors.

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Research Analysis

The self-storage and moving services market caters to individuals and businesses in need of short-term or long-term storage solutions and professional moving assistance. Services include Local Moving, Interstate Moving, and International Moving. Self-Storage offerings range from Fixed Self-Storage units in warehouses to Mobile Self-Storage for smaller homes, apartments, and even industrial automation. Moving Services encompass Full-Service Moving, DIY truck rentals, and Moving Insurance. Homeownership rates influence the demand for moving services, while college campuses and military bases are significant markets for student and military relocations. Urban areas, renters, and the growing trend of downsizing also contribute to market growth. Innovations like truck rentals, online auctions, smart devices, and cloud technology further enhance the customer experience.

Market Research Overview

Self-Storage Services and Moving Services: Two Essential Solutions for Your Moving and Storage Needs Self-Storage Services: Self-Storage is an essential solution for individuals and businesses requiring extra space to store their belongings. Self-Storage facilities offer various types of storage units, including fixed and mobile, climate-controlled and non-climate-controlled, rooms, containers, and even mobile homes. These spaces cater to different needs, from smaller homes and apartments to larger industrial requirements. Self-Storage is also popular among college campuses, military bases, and urban areas where space is at a premium. Moving Services: Moving Services encompass local, interstate, and international moving, as well as moving truck rentals. Full-service moving companies offer assistance with packing, loading, and unloading, while DIY truck rentals allow for more control over the moving process. Mileage charges apply to moving services, and additional options include moving insurance, climate-controlled trailers, and mobile storage containers. Moving Services are crucial for renters, new business creation, and businesses requiring additional storage space or surplus inventory. Modern advancements in Self-Storage and Moving Services include cloud-based services, contactless payments, smart devices, and big data analysis to optimize storage and moving processes. Storage facilities also offer value-added services like refurbishing and moving offices. Overall, Self-Storage Services and Moving Services cater to a wide range of needs, ensuring a seamless transition for individuals and businesses alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSelf-storageMoving ServicesServiceClimate-controlled Self-storageFull-service MovingNon-climate Controlled Self-storageDIY Moving Truck RentalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Morrison Foerster Opens Amsterdam Office, Extending the Reach of Its Premier Privacy + Data Security Practice

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The firm’s 18th office worldwide and 4th in Europe, will create deeper connections with global clients.

AMSTERDAM, Netherlands, Jan. 8, 2025 /PRNewswire-PRWeb/ — Morrison Foerster (MoFo), a leading global law firm, is pleased to announce that it has opened an office in Amsterdam to further extend the reach of its premier Privacy + Data Security practice, and forge deeper connections with global clients operating in Europe.
The office is the firm’s 18th globally and 4th in Europe, and will be led by partner Alex van der Wolk, co-chair of MoFo’s preeminent Global Privacy & Data Security practice. Initially, the office will include van der Wolk, partner Marijn Storm, and senior of counsel Lokke Moerel, all admitted to practice in the Netherlands, with further additions to the office expected following the office’s formal opening.

MoFo’s new Amsterdam office enables the firm to further entrench its roots with disputes and transactions clients globally and in the European market, offering closer and more strategic ties with clients that the firm is already advising in the Netherlands, alongside the opportunity to forge new relationships.

“Establishing a presence in the Netherlands creates an exciting proposition for clients as we grow Morrison Foerster’s global platform,” said Eric McCrath, Chair of Morrison Foerster. “Amsterdam represents a thriving, multi-industry hub, with many of the globe’s biggest corporations present in the city alongside innovative new startups and scale-ups. The founder members of our Amsterdam office have been practicing in the Netherlands for many years and already have an established network in the region, affording us a running start as we open our newest office in the MoFo network. We are excited at what Amsterdam can bring to our platform and look forward to the success of our newest office.”

The firm’s Amsterdam office will look to build on its strong Privacy + Data Security practice, advising a cross-section of companies in the technology, life sciences, and artificial intelligence industries.

“Having advised numerous Netherlands-based clients for many years, I am excited to lead our new office in Amsterdam, welcoming existing and new clients to Morrison Foerster’s premier global platform for data privacy and security matters,” said van der Wolk. “Our team in Amsterdam, with market-leading attorneys in data privacy, will not only lead on complex work in their own right, but are also play a crucial role on an array of the firm’s global mandates, from cross-border disputes to billion-dollar deals. I am excited to build the firm’s 18th office in its global network.”

Media Contact

Alexander Smith, Morrison Foerster, +44 (20) 79204064, alexandersmith@mofo.com, mofo.com

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AmpUp and Hubject Join Forces to Accelerate EV Charging Across North America

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New collaboration to introduce Plug&Charge technology, followed by expanded access through the eRoaming network

SANTA CLARA, Calif., Jan. 8, 2025 /PRNewswire/ — AmpUp, a leading provider of electric vehicle (EV) charging solutions, and Hubject, the global leader in eRoaming and Plug & Charge services, today announced a partnership aimed at accelerating the EV charging experience across North America.

Under this collaboration, AmpUp will first implement Hubject’s Plug&Charge technology across its new charging stations. This innovative feature simplifies charging by allowing EV drivers to initiate payment without relying on app-based methods or RFID cards. Following this rollout, AmpUp’s charging stations will be integrated into Hubject’s extensive eRoaming network, providing seamless access to over 1 million charging points globally.

“Charger availability and ease of use are vital for making the EV transition accessible to all,” said Tom Sun, CEO and co-founder of AmpUp. “By partnering with Hubject, we are committed to enhancing the charging experience for our customers while expanding charging opportunities in their communities.”

Key benefits of the partnership include:

Plug&Charge Implementation: A simplified payment process for EV drivers.Access to a Vast Network: Integration into Hubject’s global network of over 1 million charging points.Enhanced Interoperability: Ensures driver choice and access to charging infrastructure across borders.

Trishan Peruma, Hubject North America CEO, said, “We welcome AmpUp as a valued partner in the Hubject eMobility ecosystem as we look to provide a seamless and secure charging experience for even more drivers across North America.”

The partnership between AmpUp and Hubject marks a pivotal advancement in expanding reliable and user-friendly EV charging infrastructure across the continent. Together, the companies are driving toward a future where sustainable transportation is accessible to everyone.

About AmpUp
AmpUp is breaking down barriers to widespread EV adoption with the most reliable, flexible, and user-friendly EV charging platform. Since its founding in 2018, AmpUp has powered over 1,500 charging networks across 75 North American markets, enabling businesses and property owners to seamlessly deploy and manage EV charging solutions. Trusted by industry leaders such as JLL, CBRE, Domino’s Pizza, Goodyear, Under Armour, and Hilton, AmpUp is at the forefront of advancing sustainable transportation. For more information, visit www.ampup.io. For marketing inquiries, please contact randa@ampup.io

About Hubject
Hubject simplifies the charging of electric vehicles. Through its eRoaming platform intercharge, the eMobility specialist connects Charge Point Operators (CPOs) and eMobility Service Providers (EMPs) to provide standardized access to charging infrastructure regardless of any network. Hubject has established the world’s largest cross-provider charging network for electric vehicles by connecting CPO networks encompassing over 1 million connected charging points and more than 2,250 B2B partners across 63 countries and four continents. In addition, Hubject is a trusted consulting partner in the Mobility market, advising automotive manufacturers, charging providers, and other EV-related businesses looking to launch eMobility services or implement Plug&Charge using ISO15118-2 and ISO15118-20. In essence, Hubject promotes eMobility and its advancement worldwide. For more information, please visit www.hubject.com follow us on LinkedIn.

 

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