Telular Corporation, a technology leader and provider of IoT (Internet of Things) solutions, today announced that it has surpassed one million IoT subscribers in the commercial telematics and security markets. To drive continued growth, the company has strengthened its position in the commercial telematics space by realigning its recent acquisitions under the SkyBitz business unit.
New research from Berg Insight of Gothenburg, in Sweden, shows that the number of homes in North American and Europe now equipped with smart thermostats is rising rapidly. Overall the sector grew by 81 per cent over the course of 2015 with uptake in North America increasing by 78 per cent and in Europe by 90 per cent year-on-year.They are impressive figures but it has to be a said that they begin from a very, very low user base. The reality is that at the moment North America has a mere 4.5 million smart thermostats deployed while Europe has just 1.4 million. All in all some 5.8 million smart thermostats are in use and that’s a miniscule number given the size of the two huge markets.Nonetheless, the smart home market is on the move and Berg Insight’s forecast is that that the number of homes in Europe and North America with smart thermostats will grow at a compound annual growth rate of 54.5 per cent over the next five years to reach an installed base of 51.1 million by 2020.Unsurprisingly Berg expects North America to remain the biggest market and has calculated that 32.2 million homes there will have smart thermostats by 2020 while Europe will have 18.9 million of them.
A decade ago, energy-smart home enthusiasts thought we’d all be obsessively tracking energy markets from specialized terminals placed in every room around our homes.They were right about one thing: We all now have little screens that help us track everything around us. But energy is still at the bottom of the priority list for homeowners.Home energy management is facing a bit of an identity crisis.
Verizon says that it will focus on “developing new markets,” as the telco giant was just able to keep revenues on the uptick.The US carrier said that it would be shifting a focus over towards the internet of things (IoT) and its content market in the coming months, as it looks to bolster sagging revenues in other parts of its business.
The recent years have seen the demand for smart microgrids surge to unprecedented levels. This spike in demand is attributable to the growing share of renewable energy in the global energy matrix. According to a latest research report by Transparency Market Research, the global smart microgrid market is firmly on the course to steady growth owing to the aforementioned factors. North America stands as the largest market in the world for smart microgrids. Within North America, it is the United States that has been at the forefront of the smart microgrid market thanks to several institutes such as universities, hospitals, and data centers installing smart microgrids. Rural electrification programs in countries such as China, India and Malaysia will lead to a spike in the demand for smart microgrid installations in these regional markets, the report predicts.
There aren’t many sectors doing especially well right now in the stock market, so the pullback in semiconductor stocks isn’t exactly surprising, let alone unique. As about a quarter of the industry’s revenue comes from industrial markets, and meaningful amounts come from computing, consumer devices, and phones, it is not so surprising that investors are worried about the outlook for 2016 even though multiple semiconductor CEOs have opined that the slowdown will be briefer and shallower than past downturns.This brings me to Silicon Labs (NASDAQ:SLAB). The shares of this microcontroller, sensor, and RF chip company have fallen around 15% since my last update, more or less matching the decline in Microchip Technology (NASDAQ:MCHP) and outperforming NXP Semiconductors (NASDAQ:NXPI) over that period. While the company has definitely had some challenges with more commoditized competition in segments like TV tuners, the company’s Internet of Things (IoT) business continues to grow nicely.
The personal-computing market, long known to be struggling, is in worse shape than most analysts believed — and that’s bad news for the handful of tech giants that continue to derive the bulk of their revenue from this still vast, but quickly declining, industry. Behemoths like Microsoft, Intel, Hewlett-Packard, Dell and Lenovo have generally failed to build much presence in tech’s new growth markets even as their core PC business shrinks.If the PC industry’s “big five” can’t successfully find new frontiers in emerging areas like mobile, artificial intelligence, virtual reality, the cloud and analytics, the consequences for both Wall Street and Main Street could be severe. Despite their shrinking market, these vendors collectively still employ more than 640,000 workers and represent a combined market capitalization (excluding privately held Dell) of $655 billion. Their decline’s effects could quickly ripple through the economy.
In the months leading up to CES, my inbox was pounded daily with pitches about revolutionary, world’s [fill in the blank] wearables, as well as the smartest, most secure, easiest-to-use, world’s [fill in the blank] smart home solutions. Most of that is marketing bluster, and that’s actually been a notable problem in those markets. There are too many problems unsolved, too many pretenders, and too much is proprietary.MediaTek is well aware of all of this, but as a chip maker, it’s working to resolve some of the above issues and also assert itself in those markets by underpinning any number of solutions. The company released the MT2523 SoC for smartwatches and other wearables and the MT7697 for smart home devices. (It also has the MT8581, a new Blu-ray SoC.)
Faltering demand in computer and phone markets, once semiconductor industry mainstays, have fueled a year-long merger wave as firms look to formerly unloved areas like auto electronics for sales growth. Big consumer chipmakers who once considered automotive electronics too small to merit attention are taking notice as Tesla, Google and Apple (AAPL.O) have jump-started a drive to turn cars into connected Internet devices.
As the next evolution of computing, the IoT adds sensing, processing and connectivity to everyday “things” such as thermostats, locks, lights and sensor nodes.In recent years, the IoT has transformed industries and opened new markets. The IoT is poised to do much more as countless devices are getting connected to each other and to the cloud.