Standards form a basis for product development by establishing consistent protocols that can be universally understood and adopted. This fuels compatibility and interoperability; simplifies product development; and speeds time to market. Standards also make it easier to understand and compare competing products. As standards are globally adopted in various markets, they also fuel international trade.
Standards have been the core of every technological revolution. Just think of all the devices in your home, business and vehicle that can connect to each other wirelessly. All that innovation was made possible through the global adoption of connectivity standards.