IoT Growth Slower Than Expected
Units won’t crack billion/year until 2019
7/25/2017 07:01 PM EDT
SANTA CLARA, Calif. – The Internet of Things is not growing as fast as expected but it is growing thanks to more integrated parts and low power networks, an analyst said. Fueling the engines, Andes Technology announced four new cores for IoT gateways and other uses.
The IoT market won’t hit a run rate of a billion units a year until 2019, said Mike Demler, senior analyst with the Linley Group in an event here. By then lower costs and greater ease of use should push the consumer market into high gear, pushing ahead of the industrial sector and toward a total 2.3 billion-unit market in 2023.
To read the full article, click here
Related Semiconductor IP
- I2C Master/Slave Controller Core
- NVMe Validation Test Suite
- Hybrid Memory Cube Verification IP
- nQrux® Root of Trust IP
- AXI to UCIe Bridge IP
Related News
- 2022 a Focus for 12-inch Capacity Expansion, 20% Annual Growth Expected in Mature Process Capacity, Says TrendForce
- The Worldwide Semiconductor Market is expected to slow to 4.4% growth in 2022, followed by a decline of 4.1% in 2023
- The Worldwide Semiconductor Market is expected to slow to 4.4 percent growth in 2022, followed by a decline of 4.1 percent in 2023
- TSMC's 3-nm progress report: Better than expected
Latest News
- TSMC September 2026 Revenue Report
- Lattice Collaborates with Arm to Advance Secure, Adaptable AI Data Center Infrastructure
- ZLG Selects CAST CAN XL and TSN IP for Next-Generation Vehicle-Network Development and Test Tools
- Vayavya Labs and Tenstorrent Partner to Accelerate RISC-V Hardware and Software Development Through Virtual Platform Modeling
- RaiderChip’s Edge NPU reaches more than 50 Generative AI Models with the addition of Qwen3.8-27B