BeWhere Holdings ( (TSE:BEW) ) has provided an announcement.
BeWhere Holdings Inc. has released a new whitepaper, co-authored with GSMA Foundry, discussing the integration of 5G and satellite technologies in global asset tracking. This integration is expected to revolutionize supply chain management by addressing connectivity gaps in up to 75% of the world’s geographic regions. The whitepaper projects a $10 billion market for integrated satellite-IoT devices by 2030, with 2-3 billion IoT devices ready for satellite integration. This technological convergence allows tracking devices to switch between multiple networks, enhancing connectivity and operational efficiency. The advancement is poised to create transformative opportunities in logistics and other industries, enabling new business models and optimizing operations through AI-driven analytics.
More about BeWhere Holdings
BeWhere Holdings Inc. is a leading Mobile Internet of Things (M-IoT) company that specializes in low-power 5G IoT wide-area tracking technology. The company focuses on creating remote monitoring solutions that address cost, power, and environmental challenges. Over seven years, BeWhere has rapidly grown by collaborating with top resellers and installers to deploy hundreds of thousands of trackers across various sectors, including transportation, construction, logistics, utilities, health, and government.
YTD Price Performance: -12.50%
Average Trading Volume: 54,782
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$55.72M
Learn more about BEW stock on TipRanks’ Stock Analysis page.