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IC Insights Trims IoT Chip Market Forecast

9/8/2016 10:31 AM EDT
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sranje
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IoT -- SmartCity + Industrial = 78% of IoT revenue even in 2019
sranje   9/8/2016 11:55:55 PM
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Thank you Junko for taking time to discuss IC Insights IoT forecast revision.

What you have perhaps missed is another unique and consistent part of IC Insights IoT analyses.

  -- Unlike most other market researchers who focus on Consumer, Smart Home and similar IoT segments, IC Insights key insight is that so far dominant IoT market is elsewhere

   -- In Industrial and SmartCity IoT segments (SmartCiti being a mixture of Industrial, Enterprise and Government IoT segments)

Even by 2019 IC Insights still forecasts, correctly in my opinion, that Industrial and SmartCiti segments will account for -- 78% of total IoT market / revenues

  -- Note in connection with that the rapid urbanization of global population - by 2050 two thirds of Earth population will live in cities.

While many market researchers are trying to find where all the IoT revenues are "hidding" -- so far most of it is in revenues of Industrial IC vendor revenues.

  -- Since up to 50% of their revenue is sold via distributors to often up to 70K customers - even Industrial IC vendors don't know how much of their products end-up in highly fragmented IoT applications.

That is of course now rapidly changing with introduction of new generation of IoT-tailored products...

Once again, thank you for all your wonderful articles and -- my compliments to outstanding IC Insights's team

 

 

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