Chip sales for automotive systems and the internet of things (IoT) will grow 70 percent faster than total IC revenues between 2016 and 2021, according to IC Insights’ 2018 Integrated Circuit Market Drivers Report. IC sales for automobiles and other vehicles are forecast to grow from $22.9 billion in 2016 to $42.9 billion in 2021, while revenues for…
IDC’s latest report on worldwide spending for the Internet of Things (IoT) pegs investments on hardware, software, services and connectivity at $737 billion in 2016. This translates into 17.9 percent growth last year. The industries expected to make the largest IoT investments include manufacturing, transportation and utilities. Growing at a compound annual growth rate (CAGR)…
Semiconductor manufacturers leveraged Electronica 2016 as a launch pad for their new Internet of Things (IoT) platforms, components and solutions. It makes sense considering the trillion dollar forecast for IoT spending over the next five years. Global spending on IoT will reach nearly $1.3 trillion in 2019, up from $698.6 million in 2015, according to…
AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has released an innovative new sample kit that showcases a broad range of connectors ideal for use in consumer, medical, industrial, and IoT applications in which small size and high-reliability performance are mission critical. Available as both a physical sample and as an interactive online…
Electronics manufacturers are resigned to the stark reality that 2016 and the next several years will be marked more by restructuring, operational adjustments and management upheavals than strong growth. Across the industry, electronics firms are retooling everything for a vaguely defined “digital future” that everyone says requires a new growth strategy, a different set of…
The global semiconductor market in 2016 is being dragged down by a weak global economy – in part due to the Brexit vote – and a weak DRAM market, according to IC Insights. As a result, the market researcher lowered its semiconductor forecast for 2016 to negative one percent growth. IC Insights joins other forecasters…
I’ll admit I’ve been lukewarm on the Internet of Things ever since someone described the “smart refrigerator” to me. In addition to monitoring and adjusting its energy use—a good thing– a smart fridge will tell me when we are low on perishables. I can then link to my fridge from my smartphone while I am at…
The global semiconductor market is finally approaching rock bottom, according to IDC. Global semiconductor revenue in 2016 will decline for the second consecutive year, to $324 billion, by 2.3 percent. An economic pause in China and emerging markets and a softening of the overall outlook this year in the U.S. are key factors that will…
Framingham, Mass. – According to the International Data Corporation (IDC ) Worldwide Quarterly Cloud IT Infrastructure Tracker , vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 23.0% year over year to $7.6 billion in the third quarter of 2015 (3Q15). The overall share of…
The numbers are in for global PC shipments in 2015, and they are in line with industry expectations. IDC reports that global PC shipments totaled 71.9 million units in the fourth quarter of 2015 (4Q15), translating into a year-on-year decline of 10.6 percent. Gartner’s numbers are a bit more optimistic, reporting global PC shipments of…