Deployment considerations
There are many different IoT deployment considerations, including SoC selection; OS and software protocol and wireless connectivity, including RF; network use; mobility support; thermal management, power management, and battery life; use of public or private networks; standards; operating frequency and data rates; real-time and latency requirements; payload size; cybersecurity; ruggedness (consumer- and industrial-grade); packaging and size; and system reliability.
SoC and SoM innovations that enhance and simplify IoT designs are coming from both large and small organizations, and the overall market continues is accelerating. According to Future Market Insights, the global IoT chip market will grow from $415 billion to $736 billion in the next 10 years at the rate of 5.3% CAGR.
Who would participate in this massive market? Because IoT is so pervasive, every semiconductor manufacturer is a supplier in some way. Emergen Research, on the other hand, named Infineon/Cypress, Intel, Microchip, NVIDIA, NXP, Qualcomm, Samsung, STMicroelectronics, and TI as the top IoT chip suppliers based on their 2022 IoT sales revenue.
In the decades since the concept was first introduced, IoT devices have become so ubiquitous that applications cover practically every consumer, commercial, and industrial segment. The growing list of sectors using the IoT includes manufacturing, automotive and transportation, as well as healthcare, agriculture, supply chain, and logistics. Smart homes/buildings, entire smart cities, and energy and power grids are relying on the IoT.
And that is causing some problems. Case in point: Early Christmas morning in 2022, thieves broke into Washington’s Puget Sound Energy and stole equipment that caused 7,000 customers to lose power. A similar crime occurred just a few miles away that month. Other attacks occurred in Oregon, Washington, and North Carolina. Power grids have always been high-value targets, subject to on-site and online assaults, as many different security agencies continue to warn of growing risks.
IoT also is a key part of retail, telematics and telemetry, security technology, animal farming, scientific research, surveillance, and many other areas, and the risk is significant for all of them.
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