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Sub-GHz Module Market to Grow by USD 650.3 Million (2024-2028) with Smart City Initiatives Driving Demand, AI Powered Report- Technavio

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NEW YORK, Sept. 11, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global sub-ghz module market size is estimated to grow by USD 650.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.11%  during the forecast period. Smart city initiatives by governments is driving market growth, with a trend towards advancements in semiconductor technology. However, varying regulations regarding frequency use  poses a challenge. Key market players include Adolf Wurth GmbH and Co. KG, Advantech Co. Ltd., Analog Devices Inc., Digi International Inc., EMBIT S.R.L., Ezurio, HOPE Microelectronics Co. Ltd., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Quectel Wireless Solutions Co. Ltd., Radiocrafts AS, Renesas Electronics Corp., Semtech Corp., Silicon Laboratories Inc., STMicroelectronics International N.V., Telit Cinterion, Texas Instruments Inc., and Zyxel Communications Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Sub-Ghz Module Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.11%

Market growth 2024-2028

USD 650.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.91

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 52%

Key countries

China, US, Japan, South Korea, Germany, Taiwan, UK, India, France, and Italy

Key companies profiled

Adolf Wurth GmbH and Co. KG, Advantech Co. Ltd., Analog Devices Inc., Digi International Inc., EMBIT S.R.L., Ezurio, HOPE Microelectronics Co. Ltd., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Quectel Wireless Solutions Co. Ltd., Radiocrafts AS, Renesas Electronics Corp., Semtech Corp., Silicon Laboratories Inc., STMicroelectronics International N.V., Telit Cinterion, Texas Instruments Inc., and Zyxel Communications Corp.

Market Driver

The Sub-GHz module market is experiencing significant growth due to advancements in semiconductor technology. Smaller process nodes, such as 7nm and 5nm, are enhancing performance by allowing for higher transistor density and improved efficiency, while reducing power consumption. Companies like Semtech and Nordic Semiconductors are integrating these advanced semiconductor processes into their products, resulting in modules with greater range, longer battery life, and higher frequency performance. Additionally, the use of specialized materials like gallium nitride (GaN) and system-on-chip (SoC) designs are pushing the boundaries of Sub-GHz technology, making modules more efficient, versatile, and suitable for various applications, including IoT devices and industrial automation systems. These technological advancements will continue to drive the growth of the global Sub-GHz module market during the forecast period. 

The Sub-Ghz module market is witnessing significant growth in various industries including Industrial, Military, Commercial, and Marine sectors. Bluetooth v5 is a trending technology in this market, offering higher data transfer rates and longer range compared to its predecessors Bluetooth v4.2 and Bluetooth v4.0. The Evaluation Quadrant shows Sub-Ghz modules’ dominance in Downstream applications such as Smart Home and Building Automation. The Industry chain includes raw materials suppliers, module manufacturers, and downstream application providers. The manufacturing process is crucial, with proprietary technologies playing a key role in ensuring high performance and reliability. Industrial Automation, Military, Commercial, and Marine sectors are major downstream applications for Sub-Ghz modules. Smart Home and Building Automation are also significant markets, driven by the need for energy efficiency and security. The market is expected to continue growing, driven by advancements in technology and increasing demand for wireless communication solutions. 

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Market Challenges

Regulatory constraints pose significant challenges to the growth of the global Sub-GHz module market. Different countries have distinct regulations governing the allocation and use of sub-1 GHz frequency bands, which can restrict the deployment and interoperability of Sub-GHz modules. For instance, in the US, the Federal Communications Commission (FCC) enforces strict regulations on frequency bands to prevent interference between various communication systems. In Europe, the European Telecommunications Standards Institute (ETSI) sets specific guidelines for frequency use, which vary across member states. In India, the Ministry of Communications regulates frequency bands and imposes licensing requirements. These regulatory constraints lead to additional costs for manufacturers to ensure compliance, deterring market entry and slowing down the adoption of Sub-GHz technology. Differing standards and regulatory practices across regions can also create barriers to global standardization, impacting the scalability and integration of Sub-GHz modules in international markets. Navigating these regulatory challenges requires substantial investment in understanding and meeting diverse requirements, impeding the growth of the global Sub-GHz module market during the forecast period.The Sub-Ghz module market is experiencing significant growth due to its applications in various industries. Security and industrial automation are key sectors driving demand, with military and commercial applications also gaining traction. Challenges in this market include ensuring security and reliability of data transmission. Industrial automation, marine, and building automation are major downstream applications. The industry chain includes raw materials suppliers, module manufacturers, and downstream customers. Proprietary technologies and manufacturing processes add complexity to the market. Bluetooth v5 is a new player in this space, offering advantages over older versions like v4.2 and v4.0. The Evaluation Quadrant can help businesses make informed decisions when selecting a Sub-Ghz module supplier. Smart Home applications are also emerging as a new market opportunity.

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Segment Overview 

This sub-ghz module market report extensively covers market segmentation by  

Type 1.1 Transceivers1.2 Transmitters1.3 Receivers1.4 LoRaApplication 2.1 Remote metering2.2 Smart home2.3 Smart city2.4 Smart agriculture2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Transceivers-  The Sub-Ghz module market is experiencing steady growth due to increasing demand for wireless communication solutions in various industries. These modules offer advantages such as longer range, lower power consumption, and better penetration through obstacles compared to traditional Wi-Fi and Bluetooth technologies. Companies like Texas Instruments, Murata Electronics, and NXP Semiconductors are major players in this market, providing innovative solutions for IoT, smart home, and industrial automation applications. The market is expected to reach significant value by 2025, driven by growing adoption in developing regions and advancements in technology.

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Research Analysis

The Sub-GHz Module Market refers to the industry dedicated to producing and supplying Sub-GHz modules for various applications. These modules operate in the Sub-GHz frequency range, which is ideal for long-range, low-power wireless communications. The market caters to various industries, including Industrial, Military, Commercial, Marine, and others. Downstream applications include Smart Home Automation, Asset Tracking, Telemetry, and IoT devices. The industry chain includes raw material suppliers, manufacturers, and end-users. The manufacturing process involves the assembly of components such as microcontrollers, RF chips, and antennas. Sub-GHz modules are available in various communication protocols like Z-Wave, Wi-SUN, and proprietary ones. Bluetooth v5, v4.2, and v4.0 are also used in some applications, but they operate in different frequency bands.

Market Research Overview

The Sub-Ghz module market is a growing segment in the wireless communication industry, catering to various industries such as Industrial, Military, Commercial, Marine, and others. This market is driven by the demand for low-power, long-range wireless connectivity solutions. Sub-Ghz modules operate at frequencies below 1 GHz, offering advantages like longer range, better penetration, and lower power consumption compared to Bluetooth technologies like Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0. The industry chain of Sub-Ghz modules includes raw material suppliers, manufacturers, and downstream application industries. The manufacturing process involves the production of modules using proprietary technologies. The market is segmented into applications like Smart Home, Building Automation, Security, and Industrial Automation. The Military and Industrial sectors are significant contributors to the market due to their requirement for secure, long-range communication. The Evaluation Quadrant provides a comprehensive analysis of the market, including market size, growth trends, and competitive landscape.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeTransceiversTransmittersReceiversLoRaApplicationRemote MeteringSmart HomeSmart CitySmart AgricultureOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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TELUS announces election of directors

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VANCOUVER, BC, May 8, 2026 /CNW/ – TELUS Corporation (TELUS) (TSX: T) (NYSE: TU) announced today that the nominees listed in TELUS’ 2026 information circular were elected as directors of TELUS. The detailed results of the vote for the election of directors held at TELUS’ annual meeting on May 8, 2026 (the Meeting) are set out below.

Each of the following 14 nominees proposed by management was elected as a director of TELUS:

Nominee

Votes For  

% Votes For  

Votes Withheld  

% Votes Withheld 

Raymond T. Chan

592,322,965

97.91

12,667,245

2.09

Hazel Claxton

599,400,953

99.08

5,589,256

0.92

Lisa De Wilde

583,361,107

96.42

21,629,103

3.58

Victor Dodig

593,352,117

98.08

11,638,092

1.92

Darren Entwistle

586,791,970

96.99

18,198,239

3.01

Thomas Flynn

596,684,564

98.63

8,305,646

1.37

Mary Jo Haddad

577,841,419

95.51

27,148,791

4.49

Martha Hall Findlay     

595,075,545

98.36

9,914,665

1.64

Christine Magee

597,282,615

98.73

7,707,595

1.27

John Manley

579,845,538

95.84

25,144,672

4.16

David Mowat

592,867,380

98.00

12,122,830

2.00

Marc Parent

577,961,748

95.53

27,028,461

4.47

Denise Pickett

596,211,746

98.55

8,778,464

1.45

W. Sean Willy

595,898,668

98.50

9,091,541

1.50

Final voting results on all matters voted on at the Meeting will be published shortly on telus.com/agm, and filed with the Canadian and U.S. securities regulators.

About TELUS

TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over $20 billion in annual revenue with more than 21 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. TELUS Health is enhancing approximately 170 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. TELUS Agriculture & Consumer Goods utilizes digital technologies and data insights to optimize the connection between producers and consumers. TELUS Digital specializes in digital customer experiences and future-focused digital transformations that deliver value for their global clients. Guided by our enduring ‘give where we live’ philosophy, TELUS continues to invest in initiatives that support education, health and community well-being. In 2023, we launched the TELUS Student Bursary, which strives to ensure that every young person in Canada who wants a postsecondary education has the opportunity to pursue one. To date, the program has distributed over $6 million in bursaries to 2,000 students and counting. Since 2000, TELUS, our team members and retirees have contributed $1.85 billion in cash, in-kind contributions, time and programs, including 2.5 million days of service–earning TELUS the distinction of the world’s most giving company.

For more information, visit telus.com or follow @Darren_Entwistle on Instagram.

For more information, please contact:

Jacinthe Beaulieu
TELUS Media Relations
Jacinthe.Beaulieu@telus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/telus-announces-election-of-directors-302767404.html

SOURCE TELUS Communications Inc.

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CTK BIO SELECTED TO PARTICIPATE IN NGEN’S $62.7M ADVANCED MANUFACTURING INITIATIVE

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VANCOUVER, BC, May 8, 2026 /CNW/ – CTK Bio Canada today announced its selection as a participant in a Next Generation Manufacturing Canada (NGen)-supported advanced manufacturing project, part of a $62.7 million national initiative backing 14 high-impact projects across Canada.

The initiative, recently announced by NGen, represents one of Canada’s most significant investments in advanced manufacturing, supporting collaborations between leading industry and technology partners to accelerate commercialization and strengthen global competitiveness. NGen’s project selection process is highly competitive, prioritizing initiatives with strong technical innovation, commercialization potential, and industry impact.

CTK Bio will contribute to the project titled “Streamlining Cosmetics Packaging with AI Powered Materials Informatics,” which uses artificial intelligence to guide the formulation and validation of packaging materials, ensuring compatibility with cosmetic products while meeting performance and regulatory requirements.

ADVANCING AI-DRIVEN MATERIALS INNOVATION
Through this project, CTK Bio is advancing an AI-powered materials informatics approach that improves how packaging materials are formulated, validated, and scaled for cosmetic applications.

By shifting from traditional trial-and-error methods to predictive, data-driven formulation, CTK Bio aims to:

Increase the success rate of new material developmentReduce formulation and validation timelinesLower development costsAccelerate commercialization of innovative and sustainable packaging solutions

EXECUTIVE COMMENTARY
JK Park, CEO
“This project unlocks synergies between CTK Bio and CTK Clip, where we already have an established global presence in the cosmetics market. By combining advanced materials innovation with existing market access, we can accelerate the commercialization of next-generation packaging solutions.”

ABOUT CTK BIO
CTK Bio Canada is focused on advancing next-generation biomaterials and manufacturing technologies, developing innovative solutions that enable more efficient, sustainable, and scalable production across global industries.

ABOUT NGEN
Next Generation Manufacturing Canada (NGen) is the industry-led organization spearheading Canada’s Global Innovation Cluster for Advanced Manufacturing. NGen brings together industry, academia, and technology partners to drive innovation, accelerate commercialization, and enhance Canada’s global competitiveness.

SOCIAL MEDIA ACCOUNTS:
Instagram: https://www.instagram.com/ctkbiocanada
Facebook: https://www.facebook.com/ctkbiocanada
LinkedIn: https://www.linkedin.com/company/ctk-bio-canada

For more information, visit www.ctkbio.com or call (604) 372-4200.

SOURCE CTK Bio

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During Small Business Month, Reform CIPA Coalition Says Best Way to Support Small Businesses Is to Reform CIPA

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Coalition now includes more than 30 small businesses and nearly 40 organizations representing small business interests statewide

SACRAMENTO, Calif., May 8, 2026 /PRNewswire/ — One of the best ways to celebrate and support small businesses this May is to protect them from abusive litigation tied to outdated interpretations of a 1960s law. In recognition of Small Business Month, the Reform CIPA Coalition today called on California policymakers  to modernize the California Invasion of Privacy Act (CIPA), by passing SB 690. The Reform CIPA Coalition continues to grow. Among its 146 coalition members, more than 30 individual small businesses and over 40 organizations representing small business interests across California have joined the movement. Coalition members say momentum is building around the need to clarify that commonplace online tools already regulated under California’s consumer privacy laws should not trigger predatory lawsuits.

“An outdated 1960s law should not be weaponized against businesses using everyday technologies like chat features, appointment scheduling, or analytics tools. These lawsuits drive up costs, discourage investment, and make it harder for small businesses to grow. Senate Bill 690 offers a commonsense fix, and that’s why support for reform continues to expand,” said Michael Hedges, President of the California Small Business Association.

Coalition leaders said reform is not only about legal clarity, but affordability.

“This is an affordability issue caused by a legal issue. When small businesses, like many here in Los Angeles, are forced to spend money defending meritless lawsuits, those costs ripple through the economy. They affect jobs, prices, and local communities. A growing coalition of business leaders is coming together because California needs clear, modern rules that protect privacy without punishing responsible businesses,” said Mitchell Vieyra, Executive Vice President of the Los Angeles County Business Federation (BizFed).

A coalition small business member added:

“California’s small businesses are already navigating rising costs, labor pressures, and economic uncertainty. Being hit with lawsuits over routine website tools that help us communicate with customers and stay competitive is deeply unfair. Reforming CIPA is about protecting small businesses from abusive litigation while preserving strong privacy protections. That’s why more business owners are joining the Reform CIPA Coalition.” — Michelle Leopold, Owner/CMO, Stan’s Ace Hardware

Supporters say the best way to celebrate Small Business Month is to enact reforms that help small businesses survive and grow, not leave them vulnerable to costly lawsuits over routine technologies used every day to serve customers.

Senate Bill 690 would clarify that activities already governed under the California Consumer Privacy Act are not grounds for opportunistic CIPA claims, while maintaining strong privacy protections for consumers.

As Small Business Month continues, Reform CIPA Coalition members urged lawmakers to stand with local employers, entrepreneurs and job creators by advancing common sense reform.

View original content to download multimedia:https://www.prnewswire.com/news-releases/during-small-business-month-reform-cipa-coalition-says-best-way-to-support-small-businesses-is-to-reform-cipa-302766330.html

SOURCE Reform CIPA

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