Semiconductor Vendors Will Benefit Big From IoE
ABI Research‘s latest data on the Internet of Everything (IoE) shows more than 10 billion wirelessly connected devices in the market today, growing to more than 30 billion by 2020. Node- or sensor-type devices will drive future growth, accounting for more than 60 percent of the installed device base by 2020. "The emergence of standardized ultra-low-power wireless technologies is one of the main enablers of the IoE, with semiconductor vendors and standards bodies at the forefront of the market push, helping to bring the IoE into reality," says Peter Cooney, practice director. "2013 is seen by many as the year of the IoE, but it will still be many years until it reaches its full potential.” Bluetooth, Wi-Fi, ZigBee, cellular and RFID all are important for IoE growth, but the long-term market expansion will depend on wireless technology becoming invisible to the consumer.