Will Battery OEMs be Prepared for the IoT Revolution?

Smart devices and the IoT are poised to take over the tech world. Spending on IoT technologies, apps, and solutions are expected to reach $267 billion by 2020[1] and there will be an estimated 20.4 billion connected devices in circulation, according to research firm Gartner[2].

“Services are dominated by the professional IoT-operational technology category, in which providers assist businesses in designing, implementing and operating IoT systems,” says Denise Rueb, Research Director at Gartner. “However, connectivity services and consumer services will grow at a faster pace. Consumer IoT services are newer and growing off a small base.”

Because of the prosperity of these connected devices, battery needs are evolving to meet the demands of energy usage. As the cost of creating these batteries decreases, it will be more commonplace to find smart devices that can be connected through the internet of things, and with this variety, battery OEMs will face challenges of meeting the demands for device energy and battery design.

Wearable manufacturers, for example, are designing wearable tech to be less bulky and to custom fit its owner. Battery designers thus need to recreate existing battery design to fit these new constructs without being a detriment to the wearable’s architecture.

[1] https://www.electronicspecifier.com/power/is-your-battery-ready-for-the-iot-boom

[2] https://www.gartner.com/newsroom/id/3598917

Follow us on social media for the latest updates in B2B!

Latest

BioTech Startups Want to Revive Failed Medicines to Create New Lifesaving Treatments
Behind the Clinical Trials for Non-Alcohol Fatty Liver Disease that Can Benefit 30% of Americans
July 1, 2022
  The Impact Research Institute (IRI) is Waco, Texas’ resource for extending care options for NAFLD (non-alcohol fatty liver disease.) Nadege Gunn is IRI’s Medical Director and President. She Read more
FABTECH Show Kickoff and Overview of Solutions Distributed by DeGeest
June 30, 2022
This is another episode of Manufacturing A Stronger Standard live from FABTECH 2021. Host and President of LestaUSA and DeGeest Corp., Derek DeGeest, talked with Brad Ruppert, Engineering Manager, and Read more
Improving Quality and Bottomline for Finishing Operations
June 30, 2022
This is another episode of Manufacturing A Stronger Standard from FABTECH 2021. Host and President of Lesta USA and Degeest Corp., Derek Degeest, talked with Bill Robinson, President and Kris Bonnegent, Regional Read more