XPE General Topics, page-1474

IoT Will Snag 28% of the Wireless Chip Market by 2021


Chipmakers, particularly those that specialize in multi-protocol wireless integrated circuit (IC) solutions, will be busy over the next few years.
Anticipating massive growth, the Internet of Things (IoT) will account for 28 percent of the wireless chip market by 2021, predicts technology analyst firm ABI Research. As the IoT spreads its web of connections to smart homes, wearables and beacons, device makers will increasingly turn to chips that can handle more than one wireless connectivity standard.
The shift has already started.
Going forward, supporting multiple wireless technologies may be the best bet for chipmakers pursuing the IoT opportunity.

"Devices that incorporate multiprotocol chipsets will be more futureproof," continued Zignani. "While a product might utilize Bluetooth in the short term, a device manufacturer may want to switch to Thread in the future or have the ability to talk to multiple connectivity protocols once deployed."