Fibocom at Enlit Europe 2024: Evolving Connectivity for an Intelligent Future | PR Newswire [Video]

, /PRNewswire/ — Fibocom (Stock code: 300638), a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules, showcased its advanced 5G/4G/Cat 1bis/Cat M modules at Enlit Europe 2024, the key event for utility sectors. These module solutions are specifically designed to support smart energy applications such as smart metering, grid modernization, and energy efficiency management.

Smart Energy Focus: Driving Innovation in Smart Metering

With the growing integration of renewable energy, technological advancements, and the global shift towards sustainability, the global smart energy market is expected to expand significantly in the coming years. According to Research and Markets, the smart energy market is projected to exceed $300 billion by 2029, with a compound annual growth rate (CAGR) of 10.54% from 2024 to 2029. This growth is primarily driven by the expansion of smart grids and advanced metering infrastructure (AMI) to meet global energy efficiency goals.

Fibocom’s portfolio of wireless modules is designed to optimize smart meter deployments by providing robust, efficient, and scalable communication …