Processing, sensing and communications semiconductor device portion of IoT set for rapid growth, says Gartner

The processing, sensing and communications semiconductor device portion of the Internet of Things (IoT) will be a rapidly growing segment of the total semiconductor market, growing 36.2% in 2015, compared with the overall semiconductor market growth of 5.7%, according to Gartner. Processing will be the largest revenue contributor to the IoT semiconductor device forecast, at US$7.58 billion in 2015, while sensors will see the strongest growth, with 47.5% growth in 2015.



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