DUBLIN, IRELAND--(Marketwired - Jul 26, 2016) - Decawave, specializing in precise location and connectivity applications, has reached a milestone for its micro-location, impulse radio ultra-wideband (IR-UWB) technology, surpassing one million Decawave chips shipped. This achievement reflects the increasing demand for accurate micro-location solutions from end users and customers within Internet of Things (IoT), consumer and industrial markets. As more and more solutions are entering production, the growth is exponential and Decawave targets to reach five million units shipped in the course of 2017.
Decawave offers IR-UWB wireless technology for precise location and connectivity applications that can identify the specific location of any object or person within a guaranteed indoor location accuracy of 10 cm. IR-UWB is becoming a key factor in the IoT market and is impacting how developers are taking devices and smart applications to the next level of context awareness. The increase in demand for accurate location-based applications is evident across sectors including consumer markets such as connected homes, phone accessories, drones and sports analytics; industrial with connected buildings, factory automation and healthcare, as well as automotive as Decawave technology will be embedded in cars in 2017.
The industrial market has been the first market to leverage Decawave's technology and several Decawave customer solutions are already in the field. Decawave has also created an ecosystem of industrial partners that includes 15 companies, which can deliver software, hardware or turn-key systems to end customers.
"The market for next generation indoor location technologies with improved accuracy is beginning to advance with solid use cases and adoption. UWB is clearly carving out its space, with ABI Research forecasting strong growth across a range of verticals," said Patrick Connolly, Principal analyst at ABI Research. "The market opportunity is quite large and companies like Decawave that are leading the charge in UWB are well positioned to experience continued growth."
The consumer products -- some of which were presented at CES in January -- are starting to ship now like the Pixie tags, which allow customers to accurately locate, protect and organize their valuables. In this segment, there will also be opportunities in access control, remote controls, connected light, home robot and trusted zones applications that leverage IR-UWB accuracy, reliability and immunity to relay attack schemes to grant or deny access to wireless-networks and connected devices.
"Two years after launching the technology, Decawave continues to gain traction with 1,800 customers across 68 countries using Decawave's IR-UWB and an extra 70 to 80 new customers each month," said Ciaran Connell, CEO of Decawave. "This is phenomenal and shows our commitment as well as market interest and future demand. We're thrilled that UWB is finally seeing market momentum. We know its potential and now our customers are experiencing it as well."
Decawave also continues to collaborate with leaders in their respective industries to bring accurate micro-location solutions to market. At CES, Decawave highlighted ShotTracker and the first multi-player basketball tracking technology solution. It was also featured in Jaguar's connected car demo, a demo with Pixie and also enabled the Intel air orchestra show during the keynote.
Decawave's partner Quantitec showed its RTLS indoor positioning on Nokia's booth at Mobile World Congress and at the Bosch Connected World where it was featured in the company's advanced localization technology, as a key element of a Track and Trace solution.
With such advancements from customers and partners, Decawave's technology is becoming the de-facto standard for accurate, reliable micro-location.