The Power of IoT Devices
According to IC Insights total semiconductor sales for Internet of Things (IoT) systems are expected to reach $31.1 billion in 2020, with the IoT semiconductor market for wearable systems expected to show a CAGR of 17.1%. This proliferation of devices is also creating future growth in the power management IC (PMIC) market.
Designers of IoT solutions are relying on power management solutions to efficiently handle the power needed to energize a wide range of IoT devices, as maintenance and battery replacement are not cost-effective approaches. There are many power management solutions currently in the market, and depending of their characteristics, one power management solution can work better for a specific application depending on power conversion and power control options. Read more…
