IC Insights, a market research organization, pointed out that the number of connected devices in the world has greatly exceeded the number of Internet users. Currently, the number of IoT connected devices is more than six times that of the online population. It is estimated that the overall sales of IoT semiconductors will grow by 19% in 2016, reaching 184. One hundred million U.S. dollars. In addition, IoT Semiconductor is expected to have $29.6 billion in sales in 2019, with a compound annual growth rate (CAGR) of approximately 19.9% ​​over the five-year period from 2014 to 2019.
The number of connected devices continues to increase, especially in the connected automotive application market. IC Insights estimates that the revenue of IoT semiconductors in the "connected car" sector in 2016 will grow 66% to 787 million US dollars. Therefore, the CAGR number of 31.2% between 2014 and 2016 is estimated to be upgraded to 36.7%. In addition, the estimated sales for the 2019 connected car chip market has also been raised from the original forecast of $1.4 billion to $1.7 billion. As for the 2016 Internet of Things, IoT semiconductor revenues are estimated to be about $11.4 billion, up 15% from last year. Due to the unsatisfactory demand for smart city applications such as smart meters and infrastructure, the CAGR of IoT semiconductor revenues for connected cities in 2014-2016 was approximately 12.9%. However, by 2019, related semiconductor sales are still expected to reach $15.7 billion.
On the other hand, IC Insights also slightly revised the "wearable" application IoT semiconductor sales forecast, estimating that the wearable IoT semiconductor market can grow 22% in 2016, reaching $2.2 billion, and by 2019 it can grow to 39. One hundred million U.S. dollars.
At the same time, IC Insights estimates that the "smart home" IoT semiconductor market will grow 26% in 2016, reaching approximately $545 million, while the "Industrial IoT" chip market will grow 22% to $3.5 billion. The CAGR of the Industrial IoT semiconductor market between 2014 and 2019 is estimated at 25.7%, and the revenue scale can grow from US$2.3 billion in 2014 to US$7.3 billion in 2019.
Ring And Fork Type Insulated Terminals
Ring And Fork Type Insulated Terminals,High quality insulated terminal,copper tube terminal
Taixing Longyi Terminals Co.,Ltd. , https://www.lycopperlugs.com