Over the last 25 years, short-range wireless connectivity technologies, such
as Wi-Fi, Bluetooth, Zigbee, and Near-Field Communication (NFC), have revolutionized the world in which we live, enabling an enormous connected device ecosystem that is projected to reach an installed base of 48 billion devices in 2023.

In recent years, new connectivity technologies, such as Ultra-Wideband (UWB), have entered the market, promising to enable new use cases and experiences across a wide range of applications. These technologies have all undergone significant transformations since their inception, dramatically increasing performance, efficiency, reliability, security, and scalability, alongside bringing additional feature enhancements that enable them to better service certain targeted applications.

However, continued innovation and growth in the connected device market is dependent upon the further evolution of short-range wireless connectivity technologies. The enormous diversity of consumer and IoT applications is such that a single technology is not able to meet the needs of every market. Meanwhile, future use cases will demand additional improvements from wireless technologies across almost all metrics—throughput, latency, robustness, reliability, power consumption, range, security, scalability, efficiency, size, cost, interoperability, flexibility, and deployment density, to name a few. These enhancements will enable short-range wireless technologies to enable better performance in existing use cases, open new market opportunities, and lead to the development of innovative user experiences across multiple verticals.

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