As the leading independent distributor of electronic components, Smith tracks open-market activity and conditions as an early indicator of trends and supply chain disruptions. Industry news provides important and time-sensitive information when strategically procuring components, planning for NPIs, or making any critical decisions in the supply chain.
We’ve curated a selection of this week’s industry articles that we feel can help customers gain relevant, useful knowledge and prepare for any supply chain requirements.
Global IoT connections to reach 50 billion by 2030: study
The latest research from Strategy Analytics posits that we can expect 50 billion devices to be connected to the internet by the end of 2030. The segment frontrunner remains enterprise IoT devices, with more than 50% market share, followed by mobile/computing at just over 25%.
According to this research, home products will be the fastest-growing segment in the coming years, fueled by rapid growth in smart-home adoption. David Kerr, SVP of Strategy Analytics, sees a huge opportunity for the semiconductor industry.
“With the global connected device installed base on track for nearly 40 billion by 2025, there is a huge opportunity for semiconductor display manufacturers, cameras, memory, battery, and other enabling technology providers,” he said. “AI will become pervasive in mobile, home, automotive, and computing platforms.” Read More.
AI Chip Boom Lifts, Tests Nvidia
Demand for AI chips is growing at a rapid pace, reshaping the market and challenging leaders in the space. AI chip sales are expected to reach $8 billion this year, double the amount of 2018, and, by 2023, sales are expected to reach more than $34 billion.
According to projections by Gartner, NVIDIA owns roughly three-quarters of the market. However, increasing market growth brings opportunities for everyone.
“When you have so many different companies, there’s a new chip coming out every month, and if that one happens to grab the lead, how long are they going to stay there?” said Linley Gwennap, president of the Linley Group, a Silicon Valley research group. “There is going to be a lot of this leapfrogging going on.”
Chip companies aren’t the only ones building AI silicon. Amazon and Google have started to design their own chips to meet the specific needs of their customers. Read More.
 Subscription required