The (Surprising) Best Ways To Source Components For The IoT

According to a McKinsey Global Institute report, the Internet of Things (IoT) will be worth nearly $6.2 trillion by 2025, while Cisco predicts that there will be approximately 50 billion devices connected to the internet by 2020. Furthermore the general global semiconductor market is forecast to reach nearly $360bn in 2016. The demand for wireless IoT-connected devices is expected to continue experiencing unprecedented growth. It is therefore no surprise that designers are now more determined than ever to capitalize on the lucrative opportunity that the IoT presents.

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