After surveying more than 100 design engineers, Morgan Stanley told investors the "internet of things" trend will accelerate in the coming year and drive two semiconductor stocks higher.
The internet of things (IoT) is the shift toward adding internet connectivity to more objects and enabling communication with one another and to traditional networks. Some IoT applications include wearables, home automation, and smart metering in the industrial and auto markets.
"But in our AlphaWise survey fielded in May 2016, 90 percent of designers said they are adding connectivity for IoT, pointing to an initial growth uptick in 2017 and a stronger inflection in 2018 (based on 12-18 month design cycle times)."
This Morgan Stanley's article was highlighted in an article under the News section of Telink's website.
"How to address multiple wireless standards for a growing IoT landscape
The IoT is indeed shifting towards adding internet connectivity and data collection (or monitoring) capability to many more everyday products, and helping them to communicate with one another. Morgan Stanley's global semiconductor research team, in a survey it conducted earlier this year, said, "90 percent of designers are adding connectivity for IoT, pointing to an initial growth uptick in 2017 and a stronger inflection in 2018 (based on 12-18 month design cycle times)."
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