Fast Growth for Smart, Connected Home Market – Devices and components see volume increase
The anticipation and excitement is still there for all types of innovative (fun!) technology for the home, and that is exactly what is helping to fuel Consumer Electronics (CE) momentum in the Connected Home markets. This week a new CE product, August Smart Lock, entered the Apple retail storm and took many mainstream media headlines. While the CE home automation and connected/smart home offerings hold the interest of all of us, what we know from IHS data is that the global market for consumer broadband in the home is set to see a 20% growth year-over-year for 2014 versus 2013, marking the highest growth year in four years.
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Device Demands Are Shifting Pillars of Semi Industry
As the Consumer Electronics (CE), end-device market continues to change, we are seeing significant shifts in the global semiconductor and electronics supply chain. The growth of very different CE populations globally, and their new CE demands, has shifted the traditional focus of the semiconductor industry. Companies along the supply chain have been altering strategies to become more agile, to address the new diversification of the device market which is quickly expands.
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