We have seen a huge surge in the use of IoT devices in the last decade or so across various industries. More companies are focused on developing devices that will become part of the connected ecosystem. According to Markets&Markets, the IoT market size is expected to grow from USD 300.3 billion in 2021 to 650.5 billion by 2026. However, with this massive growth comes various challenges and concerns, and one of the biggest challenges has been the power consumption.

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