Altair leads the way in cellular IoT applications, with chips built for a wide range of use cases — from mHealth devices and trackers to wearables, smart meters, and smart cities. What sets our chips apart is their ultra-low power consumption, small size, and high level of integration, incorporating an MCU, GNSS, and iSIM in a single solution.
With IoT increasingly becoming part of the everyday environment, smart meters are on track to serve a majority of the world’s metered customers by 2028, with leading regions already about 60% penetration. Smart meters — including water, gas, and electricity meters — are becoming the industry standard, offering better management of energy networks, improved forecasting and customer service, and more efficient energy usage for consumers. The global market is already worth over 30 billion dollars and continues to grow rapidly.