5G Evolution

5G Evolution News

At the Intersection of the 5G Explosion and the Rapidly Rising Adoption of Edge Computing, Veea Sees Opportunity in a Disruptive CPE

By Arti Loftus

The internet of things (IoT) is a catch-all term for the growing number of electronics that aren't traditional computing devices but are connected to the internet to send data, receive instructions, or both. The IoT brings the power of the internet, data processing, and analytics to the real world of physical objects. For consumers, this means interacting with the global information network without the intermediary of a keyboard and screen, while in enterprise settings, IoT can bring the same efficiencies to physical manufacturing and distribution that the internet has long delivered for knowledge work.

IoT has been growing over the last several years, and predictions are showing that it's going to grow even faster in the years to come. There are already 10 billion active IoT devices in 2021, with estimations saying the number of active IoT devices will surpass 25.4 billion in 2030. The rapid growth of the technology is due in part to how impactful it can be, but also thanks to the recent advent and rollout of 5G.

Unlike previous generations of network technology that paved the way for innovations like smartphones and wireless broadband, 5G offers tremendous improvements in terms of lower latency faster transmission speeds. 5G is truly the foundation for realizing the full potential of IoT and is just what the IoT world has been looking for.

IoT requires security, consistency, accuracy, and the ability to work in real-time to benefit people, especially when it comes to business. 5G connects more devices at higher speeds and makes things like lag nearly non-existent, resulting in an excellent user experience irrespective of what application, device, or service. Remote control of heavy machinery for the manufacturing industry, improved connectivity for telehealth, and SMART applications for buildings, homes, and even cities all become possible thanks to the combination of 5G and IoT.

The global 5G IoT market was already valued at USD 2.6 billion in 2021 and is expected to grow at a whopping CAGR of 73 percent over the next five years. Estimations put the market value at  USD 40.2 billion by 2026.

And with a significant percentage of office workers now working from their homes on a more permanent basis and as the popularity of virtual and augmented reality, real-time interactive gaming, metaverse applications, ultra-HD streaming of sports and entertainment continues to drive more innovation, subscribers' expectation for rich user experiences, highly secure connectivity for home and office use cases, as well as predictable and affordable connectivity, also rises. Companies, regardless of industry, are increasingly looking for ways to adopt 5G IoT applications that are easy to leverage and optimize their daily processes.

Recently, Veea Inc., a leader in integrated smart edge connectivity, computing, and security technologies for hybrid edge-cloud managed services, announced STAX@Home "Smarter Home" solution for its STAX-5G CPE, which is the first-ever 5G-based broadband access CPE, with a globally carrier certified 5G modem, as a stack module that can be purchased together with, or separately as an add-on to, the STAX base unit supporting a highly integrated Tri-band Wi-Fi 6 Mesh Router, IoT connectivity gateway and distributed computing delivering hybrid edge-cloud managed applications and services, at Mobile World Congress taking place in Barcelona this week.

"The Smarter Home of the future is no longer limited to managing a few door locks, thermostats, light switches, or cameras," said Allen Salmasi, Chairman and CEO of Veea. "In the near future, besides the typical use cases, our homes will be an extension of the enterprises that we work for, retail stores, local theaters, sports stadium and arenas, concert halls, and similar venues with user experiences that require a variety of edge services and capabilities."

"This is an extremely exciting time in our industry, and network operators who rapidly roll-out 5G-based fixed broadband access and support subscriber's use cases with one highly integrated and easy to install and manage CPE solution at the edge – in the subscriber's home – can gain significant market share while accelerating the return on their initial investments with a stand-alone Smarter Home bundle, other application bundles or potentially even bundled with their mobile service offerings providing for even larger CapEx and OpEx savings while substantially improving subscriber retention."

STAX' distributed computing, delivered through the whole house Wi-Fi 6 mesh network, supports a virtualized software environment on each STAX mesh node with each application securely running in another industry-first lightweight Secure Docker container with service policies. The VeeaHub platform provides for convergence of services, applications, and policy, which is essential to the delivery of a consistent user experience while providing for the end-to-end management of STAX devices.

The unique architecture enables an application mesh, a microservice-based mesh, and an edge intelligence mesh over the entire coverage area created by Wi-Fi 6 mesh network, with hybrid edge-cloud managed networking and computing, facilitating many possibilities, including 5G network slices directly serving application endpoints running in complete isolation on any mesh nodes.

For example, with this architecture, Smarter Home solutions offered by service providers may include dedicated network slices over 5G Fixed Wireless Access (FWA) service offerings for office applications and services used by remote workers at home while the remote workers can simultaneously, seamlessly and securely connect to all typical systems at home, including lighting, HVAC, cameras, etc., anywhere in his or her home over the whole house mesh with multiple "data traffic lanes" over public network connections for office use cases and typical home broadband services.

This confluence of technological, social, and enterprise developments point to 5G-based broadband service delivery through hardware and software solutions at customer premises that are highly secure and can readily be customized to offer value-added services combined with Zero-Touch Installations (ZTI), advanced networking, and backend APIs for integration with network operators' BSS/OSS for edge managed services.

Veea's mission is to bring service providers an easy-to-sell, easy to provision, and automated 'plug and play' solution for 5G-based broadband access with Smart Computing Hub solutions that support network-managed applications and services with an intuitive mobile app and web interface for their subscribers.

"Veea offers a highly modular edge computing and wireless access network solution that provides service providers and enterprises with the flexibility and capabilities they need to address a fast-expanding frontier of heterogeneous computing and network opportunities across the edge," said Leonard Lee, Managing Director & Founder of neXt Curve. "The STAX platform's modular design allows developers to design and deploy tailored wireless networks and distributed edge applications supporting innovative solutions in retail, the home, and more. VeeaHub also offers edge infrastructure managers with cloud-based tools to manage the full lifecycle of edge computing and network services. These are all important features and elements of mobile edge computing that Veea has integrated into an integrated portfolio of hardware, software, and services that can accelerate the realization of novel edge applications in the era of distributed edge intelligence."

Arti Loftus is an experienced Information Technology specialist with a demonstrated history of working in the research, writing, and editing industry with many published articles under her belt.

Edited by Luke Bellos

Special Correspondent

Related Articles

Boldyn Networks Expands 5G Footprint through Acquisition of Cellnex's Private Networks Business Unit

By: Greg Tavarez    11/16/2023

Boldyn Networks, a shared network infrastructure provider, agreed to acquire Cellnex's private networks business unit, which includes Edzcom.

Read More

Seattle University Taps into T-Mobile's 5G Network for Next-Gen Learning

By: Greg Tavarez    10/17/2023

T-Mobile as the primary 5G service provider allows Seattle University to implement several initiatives capitalizing on 5G technology.

Read More

Advancing 5G and IoT: Innovation from Wiliot Takes on the World

By: Alex Passett    10/11/2023

IoT innovator Wiliot previewed what possibilities may be out there for 5G and an ambient IoT visibility platform.

Read More

Federated Wireless and CU Boulder Support GHOST, Securing Government Communications

By: Alex Passett    10/5/2023

Federated Wireless and University of Colorado Boulder (CU Boulder) were awarded $5 million to support the 5G Hidden Operations through Securing Traffi…

Read More

Agenda Announced for 5G Expo at IoT Evolution, Fort Lauderdale, February 13-15, 2024

By: TMCnet News    9/20/2023

Driving Enterprise Adoption, Exploring New Connectivity Solutions and Fostering Partnerships

Read More