Semtech, a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced the release of its Asset Tracking Reference Kit to accelerate the adoption of asset tracking solutions based on LoRa devices and the LoRaWAN protocol, and facilitate the confirmation of the business value of such solutions. According to IHS Markit LPWAN market report 2019, worldwide connections in asset management have grown from 15 million in 2017 to more than 50 million in 2019, and are expected to reach almost 500 million in 2023.

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