Recent research by InsightAce Analytic indicates that the Global Internet of Things (IoT) in Retail Market is projected to grow from US$ 57.8 billion in 2023 to US$ 464.9 billion by 2031, with a CAGR of 30.1% from 2024-2031. This surge is fueled by the adoption of technologies like AR, VR, and data analytics to enhance consumer experiences.

Introducing the SIM9650L for AI POS Systems

SIMCom's SIM9650L smart module, powered by Qualcomm® QCS6490 and Android 14, addresses these challenges. It integrates seamlessly with cashier systems, supports dual-screen displays, and enables various payment methods, including mobile and facial recognition. The SIM9650L’s smart module solution and AI capabilities, with over 14 Tops of computational power,support global multi network mode (LTE Cat 4) andimprove checkout efficiency, allowing for faster, self-service options and more accurate inventory management.

Enhancing Retail Operations

By incorporating SIM9650L, retailers can offer personalized shopping experiences, reduce operational costs, and boost customer satisfaction. This SIM9650L smart module is key to unlocking the potential of AI and IoT in the rapidly evolving retail landscape.