Ceva Introduces its Next Generation Low Power Ultra-Wideband IP for FiRa 2.0 to Provide Highly Accurate and Reliable Wireless Ranging Capabilities for Consumer and Industrial IoT Applications

Rhea-AI Summary

Ceva, Inc. announces the release of RivieraWaves® UWB IP for FiRa 2.0, expanding its market reach beyond automotive and mobile into high-volume UWB navigation, detection, and remote control applications in smart homes, smart factories, and more. The UWB technology offers outstanding performance in micro-location in wireless environments, with a forecasted 14% CAGR in UWB-enabled device shipments over the next five years, reaching nearly 1.3 billion units by 2028.

Insights

Market Research Analyst

The announcement by Ceva, Inc. regarding its general release of RivieraWaves® ultra-wideband (UWB) IP for FiRa 2.0 represents a strategic expansion in the company's product offerings. The integration of advanced interference cancellation technology in UWB IP is a significant development, as it addresses a critical challenge in high-density wireless environments. The ability to maintain high performance in the presence of other wireless standards could potentially give Ceva a competitive edge in the smart home and smart factory markets.

Furthermore, the growth trajectory of UWB-enabled device shipments, as forecasted by ABI Research, indicates a substantial market opportunity. A compound annual growth rate of 14% over five years suggests that Ceva's focus on UWB technology aligns with market trends and positions the company to capitalize on the increasing demand for micro-location and spatial awareness capabilities in various industries.

Financial Analyst

Ceva's latest generation UWB IP could have a significant financial impact on the company's performance. The technology's adoption in various applications, including smart homes, factories and automotive, implies a diversification of revenue streams. By targeting multiple high-volume use cases, Ceva may see an increase in licensing deals and royalties, which are key revenue drivers for IP licensors.

Investors should monitor the company's ability to secure new customer partnerships and the rate at which its UWB technology is integrated into consumer and industrial products. This will be indicative of the company's market penetration and the success of its growth strategy in the increasingly competitive IoT landscape.

Technology Analyst

The technical aspects of Ceva's UWB IP, particularly the interference cancellation feature, are crucial for its adoption in IoT devices. Interference from other wireless technologies is a common problem in densely packed environments and Ceva's solution could be a game-changer. The endorsement of their UWB IP by Rohde & Schwarz, a leading test equipment manufacturer, further validates the technology's performance and compliance with industry standards.

As UWB technology becomes more prevalent, its role in enabling AI-based applications like gesture recognition is likely to grow. This could open up new avenues for innovation in user-device interaction, which would be beneficial for sectors such as healthcare, where touchless control and precise location tracking are increasingly important.

RivieraWaves^® UWB IP for FiRa 2.0, with cutting-edge interference cancelation, extends Ceva's market reach beyond automotive and mobile into high-volume UWB navigation, detection and remote control use cases in the smart home, smart factory and beyond

BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- MWC Barcelona 2024 -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, announced today the general release of its RivieraWaves^® ultra-wideband (UWB) IP for FiRa 2.0, the latest technical specification released by the FiRa industry consortium promoting standardization and compliance efforts for the widespread adoption of UWB-driven applications. Leveraging its unique low-power MAC-to-PHY solution, Ceva's latest generation UWB IP includes a cutting-edge interference cancelation scheme to offer outstanding performance for micro-location in high-density wireless environments such as the smart home and smart factory where other wireless standards such as Bluetooth, Wi-Fi and ZigBee are pervasive.

UWB is continuing its rapid march to stand alongside Bluetooth and Wi-Fi as a ubiquitous wireless technology in modern life. ABI Research forecasts that the global market of UWB-enabled device shipments will achieve a compound annual growth rate of 14% over the next five years – growing from 435 million units in 2023 to nearly 1.3 billion units by 2028. This impressive forecast stems from increased penetration in the consumer and industrial markets. From the initial early adoption in the automotive industry as a secure, robust technology for digital keys – as embodied in the Connected Car Consortium (CCC) Digital Key specifications – UWB is expanding to new, exciting consumer and industrial applications, offering innovative ways based on spatial awareness and micro-location for users to interact and sense with their devices, which further enables AI-based applications like gesture recognition.

The FiRa 2.0 specification expands UWB into the consumer and industrial markets with particular attention on three use cases.

• Private Indoor Navigation – enables users of UWB-enabled smartphones or tablets to find their way in indoor positioning systems (such as shopping malls, airports), with centimeter-level accuracy while maintaining location privacy.
• Find-It – helps users of UWB-enabled devices to find missing items such as keys, asset tracking and compliance monitoring in smart factories or to easily find acquaintances in crowded areas.
• Smart Remote Control – lets users seamlessly control UWB-enabled connected devices in the home and factory, like televisions, lights, or thermostats, through simple point-and-trigger interactions from a smartphone or smartwatch.

"Ceva's latest generation UWB IP addresses the increasing adoption of UWB in consumer and industrial multi-mode wireless IoT devices," said Tal Shalev, Vice President and General Manager, Wireless IoT Business Unit at Ceva. "With time-to-market in mind, our customers value our comprehensive Bluetooth, Wi-Fi and UWB IP portfolio, and the system experience behind that. With a complete MAC and PHY FiRa 2.0 grade UWB IP, tested against the Rohde & Schwarz CMP200 Validated Test Tool, our customers can confidently develop next-generation UWB-enabled devices to meet the most demanding use cases in a wide range of applications from the smart home and factory to automotive, retail and healthcare."

"Our FiRa 2.0 Validated R&S^®CMP200 radio communication tester is invaluable for ensuring compliance and inter-operability" said Christoph Pointner, Senior Vice President of Mobile Radio Testers at Rohde & Schwarz. "We are delighted to support and work closely with a leading UWB IP provider like Ceva on the FiRa 2.0 PCTT testing of their RivieraWaves^® UWB IP."

Ceva technical experts will be available to discuss its UWB solutions and its wider Wireless IoT portfolio at MWC Barcelona, 26 - 29 February 2024. Please contact events@ceva-ip.com to arrange a meeting.

About Ceva RivieraWaves FiRa 2.0 UWB

Ceva RivieraWaves UWB for FiRa 2.0 is a complete, low power ultra-wideband (UWB) MAC and PHY digital platform IP based on 802.15.4z HRP and the FiRa Consortium specifications. A companion MAC solution is also available for CCC Digital Key 3.0 applications, and for Radar/CPD applications, forming a comprehensive portfolio for integrating UWB into next generation ICs for mobile, automotive, consumer and industrial.

Ceva RivieraWaves UWB delivers secure, centimeter-level accuracy and robust location information through Time-of-Flight (ToF) ranging and Angle-of-Arrival (AoA) processing, architected from the ground up for best-in-class low power consumption. A flexible radio interface enables Ceva RivieraWaves UWB to be deployed with customers' own RF technology or with Ceva partners' RF IP. Leveraging Ceva's unmatched RivieraWaves® wireless connectivity IP portfolio, it is designed for seamless integration with Ceva's Bluetooth connectivity IP, and supports advanced interference suppression from Wi-Fi signals.

For more information, visit https://www.ceva-dsp.com/product/rivierawaves-uwb-platform/

About Ceva, Inc.

At Ceva, we are passionate about bringing new levels of innovation to the smart edge. Our wireless communications, sensing and Edge AI technologies are at the heart of some of today's most advanced smart edge products. From Bluetooth connectivity, Wi-Fi, UWB and 5G platform IP for ubiquitous, robust communications, to scalable Edge AI NPU IPs, sensor fusion processors and embedded application software that make devices smarter, we have the broadest portfolio of IP to connect, sense and infer data more reliably and efficiently. We deliver differentiated solutions that combine outstanding performance at ultra-low power within a very small silicon footprint. Our goal is simple – to deliver the silicon and software IP to enable a smarter, safer, and more interconnected world. This philosophy is in practice today, with Ceva powering more than 17 billion of the world's most innovative smart edge products from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.

Our headquarters are in Rockville, Maryland with a global customer base supported by operations worldwide. Our employees are among the leading experts in their areas of specialty, consistently solving the most complex design challenges, enabling our customers to bring innovative smart edge products to market.

Ceva: Powering the Smart Edge™

Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.

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SOURCE Ceva, Inc.

FAQ

What is the latest technical specification released by the FiRa industry consortium?

The latest technical specification released by the FiRa industry consortium is FiRa 2.0.

What is the compound annual growth rate forecast for UWB-enabled device shipments over the next five years?

The compound annual growth rate forecast for UWB-enabled device shipments is 14% over the next five years, reaching nearly 1.3 billion units by 2028.

What are the three main use cases for UWB technology as per the FiRa 2.0 specification?

The three main use cases for UWB technology as per the FiRa 2.0 specification are Private Indoor Navigation, Find-It, and Smart Remote Control.

Who is the Vice President and General Manager of the Wireless IoT Business Unit at Ceva?

Tal Shalev is the Vice President and General Manager of the Wireless IoT Business Unit at Ceva.

What is the name of the radio communication tester used for testing the RivieraWaves® UWB IP?

The radio communication tester used for testing the RivieraWaves® UWB IP is the R&S®CMP200.