We at are an inflection point for the development and adoption of IoT technology, that’s the main takeaway from a new report on the Internet of Thing industry from Morgan Stanley published last week.
The IoT market has moved on significantly over the past 12 months. This time last year there was much hype surrounding the technology, although many speculated it would be years before the public widely adapted IoT devices. However, according to Morgan Stanley’s research, almost the entire semiconductor industry is preparing for the manufacture and introduction of IoT devices and related hardware to the market.
All-In for the Internet of Things Tech Trend
Indeed, Morgan Stanley’s AlphaWise research division survey 117 key decision-makers responsible for the engines of IoT growth earlier this year and found that 90% of designers are incorporating connectivity products into new designs. Considering the average lead time for a new product is 12 to 18 months, based on this data the inflection point for IoT devices is predicted to be the second half of 2017 with growth accelerating in 2018.
Morgan Stanley’s survey focused on the manufacturers of microcontrollers (MCUs), small, low-cost, computing devices which are embedded in a product to help control and manage its operation.
Softbank’s acquisition of ARM is a huge bonus for IoT
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