The Internet of Everything, cloud computing/big data and 3-D printing are the three technologies most likely to transform the world during the next five years, according to IHS Technology. “We know that technology has the capability to change the world: from the Gutenberg printing press to the steam engine to the microchip,” said Ian Weightman, […]
Internet of Things Stimulates MEMS Market
The explosive expansion of the Internet of things (IoT) is driving rapid demand growth for microelectromechanical systems (MEMS) devices in areas including asset-tracking systems, smart grids and building automation. Worldwide market revenue for MEMS directly used in industrial IoT equipment will rise to $120 million in 2018, up from $16 million in 2013, according to […]
Wearable Sensor Market to Expand Sevenfold in 5 Years
Driven by rising demand for fitness and health monitoring features as well as by improved user interfaces, shipments of sensors used in wearable electronic devices will rise by a factor of seven from 2013 through 2019, according to IHS Technology. The worldwide market for sensors in wearables will expand to 466 million units in 2019, […]
Home appliances market consolidation continues, confirming IHS market forecast
El Segundo, Calif. — Key players in the global home appliances market are looking to increase their market share via acquisitions and other moves in order to take advantage of ongoing strong expansion in the trade, according to a new report from IHS Technology. Worldwide shipments of home appliances are projected to reach 611 million […]
Wearable electronics to drive additional $70 million in battery revenue during next four years
London — The global market for batteries used in wearable electronics will grow more than tenfold in just four short years, propelled by portable new products especially suitable for active sports and fitness lifestyles, according to a new report from IHS Technology. Worldwide revenue for wearable electronics batteries is projected to reach $77 million by […]