The semiconductor forecast for the internet of things (IoT) has been scaled back due to lower revenue projections for connected cities, according to the latest update from IC Insights. However, the total market growth for semiconductors in IoT applications is still projected to grow in the double digits over the forecast period of 2015 to…
San Jose, Calif. – InvenSense, Inc. (NYSE:INVN) the leading provider of intelligent sensor system on chip (SoC) for Motion and Sound, announced its continuing pivotal role in providing a comprehensive solution set for today’s next-generation connected home systems, TV remotes, set-top box systems, and controllers. The latest motion and voice remote control reference from InvenSense delivers…
Thanks to much stronger growth in wearable systems after the launch of Apple’s smartwatches in April, IC Insights has increased its forecast for total Internet of Things (IoT) sales in 2015. The market researcher expects revenues for network communications, sensing, and control functions in subsystems and devices attached to IoT to grow 29 percent in…
The potential market growth for the Internet of Things (IoT) is huge for the semiconductor market. IoT-related semiconductor sales is expected to grow 19 percent, reaching $5.6 billion in 2015, according to the 2015 IC Insights IC Market Drivers report. The market research firm projects the market will reach $11.5 billion in 2018, translating into…