The industry hasn't waited. It was already doing this to the tune of $9 million worth of MEMS in 2011, according to IHS-iSuppli.
So nothing is stopping the industry, and the market will grow from $9 million in 2011 to $155 million in 2015, according to IHS-iSuppli. Other opinions are available.
That was my conclusion. MEMS accelerometers are more mature product with more applications outside mobile consumer and therefore a lower ASP. MEMS gyroscopes are more recent innovation with lower volume and fewer suppliers and so with higher unit prices.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.