Technologies & Sensors for the Internet of Things: Businesses & Market Trends 2014-2024

IoT devices offer huge potential for electronic component manufacturers, but this is clearly not where the value will stop. Most of the added value in IoT solutions will come from the processing of the generated data. In fact, the ratio between electronic components and data processing can reach 1:50 in certain long-term cases! This is easily understandable, since the main purpose of the IoT is to make sensing ubiquitous at a very low cost, resulting in extremely strong price pressure on electronic component manufacturers. Nevertheless, the next five years will be extremely fruitful for device makers; the market should reach $70B by 2018, before decreasing. This period represents a key window in which manufacturers must seize the opportunity to grab a piece of the IoT business pie. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Technologies & Sensors for the Internet of Things: Businesses & Market Trends 2014-2024.