Semico in Brazil: IoT and Mobility Transforming the Semiconductor Market
March 28, 2016 | Semico ResearchEstimated reading time: 1 minute
The Internet of Things is a growing market driver, key to the continued success of the semiconductor industry. With applications ranging from medical and sports monitoring/diagnostics to automotive to industrial and agricultural, there are plenty of opportunities for wide range of semiconductor devices, especially sensors, MEMS and MCUs. In fact, the market for sensor hubs, one of the basic building blocks for IoT, will grow from 1.1B units in 2014 to 6.9B by 2020, a CAGR of 36%.
These topics were covered by Jim Feldhan, President of Semico Research, when he spoke yesterday at the SEMI South America Semiconductor Strategy Summit. The Summit is being held in Rio de Janeiro, Brazil. The theme of the conference is "Enabling the Successful Growth of the South America Semiconductor Industry", and Mr. Feldhan spoke during Session 1 -- Big Picture: Market and Economic Trends. Entitled "IoT and Mobility Transforming the Semiconductor Market", Jim's speech covered market drivers, especially mobility, and the IP and semiconductor manufacturing technologies needed.
"We do see huge opportunity for all these sensors and IoT applications," stated Feldhan. "But these applications will need the advanced technologies in order to enable the mobile devices and data centers that will collect, store and operate the Internet of Everything. It's truly a symbiotic relationship...we can't have one without the other."
Semico was founded in 1994 by a group of semiconductor industry experts. We have improved the validity of semiconductor product forecasts via technology roadmaps in end-use markets.
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