Xiaomi On Top As Wearable Shipments Hit 26M

These chipmakers, along with many others, will likely unveil more IoT-oriented chipsets next year.

3. The consolidation of the IoT chipmaking market

IoT chip business. Sierra Wireless, the world's leading maker of embedded modules and gateways, acquired a long list of other wireless players over the past few years to become a "pure play" on the Internet of Things." data-reactid="69">Last year,

Cypress Semiconductor bought

Broadcom's IoT chip business.

Sierra Wireless, the world's leading maker of embedded modules and gateways, acquired a long list of other wireless players over the past few years to become a "pure play" on the Internet of Things.

Intel acquired numerous chipmakers, including computer vision chipmaker Movidius and crash avoidance system maker Mobileye, to increase its exposure to the automotive market. These acquisitions will likely continue next year as chipmakers expand their IoT portfolios.

4. The continued growth of the wearables market

The wearables market might already seem crowded, but IDC expects global shipments to rise from 125.5 million this year to 240.1 million in 2021.

However, that market won't just include fitness trackers and smartwatches. IDC expects demand for smart headphones, connected clothing, and clip-on devices (like wearable cameras) to also accelerate.

5. A potential bubble in useless IoT devices

Unfortunately, with great hype also comes big bubbles. The land grab in the IoT market already spawned some absurd devices -- including fitness trackers for pets, smart water bottles that remind you to drink, a smart hairbrush that teaches you how to brush your hair, and a connected toaster that costs $100.

two years ago." data-reactid="76">But 2018 could be even worse, and we'll likely see more half-baked connected devices flood the market and crowdfunding sites. This could lead the market to a near-term bubble, as Apple co-founder Steve Wozniak warned more than two years ago.

6. New industrial applications

The consumer-facing IoT market will likely be flooded with useless devices, but the Industrial IoT (IIoT) market should fare better. Manufacturers are already using connected machines and analytics platforms to cut costs, streamline floor operations, optimize plants, track supply chains, and ensure compliance with health and safety regulations.

View photos
A depiction of the Industrial IoT market.

Image source: Getty Images.

Major companies in this space to watch include

General Electric, which connects its industrial machines with its Predix cloud platform, and

Honeywell, which offers a fully integrated IIoT analytics platform for enterprise customers.

7. New security threats

Mirai botnet attack and its variants hit unsecured IoT devices like IP cameras and routers. Reports also revealed that other products -- like cardiac devices from St. Jude Medical, the Owlet Wi-Fi baby heart monitor, and TrendNET's security cameras -- could be hacked." data-reactid="102">Over the past year, the Mirai botnet attack and its variants hit unsecured IoT devices like IP cameras and routers. Reports also revealed that other products -- like cardiac devices from

St. Jude Medical, the Owlet Wi-Fi baby heart monitor, and TrendNET's security cameras -- could be hacked.

Unless companies offer better security for their products, consumers and businesses might think twice before linking all their devices to the IoT.

The key takeaways

The IoT is often referred to as a single growth market, but it's really a long-term trend that could lift many different companies across multiple industries. Investors who stay on top of these trends could profit as these companies expand their IoT businesses over the next few years.

More From The Motley Fool

Leo Sun owns shares of Amazon and Baidu. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Apple, and Baidu. The Motley Fool owns shares of Qualcomm and has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool recommends Broadcom Ltd, Cypress Semiconductor, and Intel. The Motley Fool has a disclosure policy." data-reactid="114">John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Teresa Kersten is an employee of LinkedIn and is a member of The Motley Fool's board of directors. LinkedIn is owned by Microsoft. Leo Sun owns shares of Amazon and Baidu. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Apple, and Baidu. The Motley Fool owns shares of Qualcomm and has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool recommends Broadcom Ltd, Cypress Semiconductor, and Intel. The Motley Fool has a disclosure policy.

Source : https://finance.yahoo.com/news/iot-stocks-watch-2018-153500330.html

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Xiaomi On Top As Wearable Shipments Hit 26M

Source:BGR

Xiaomi On Top As Wearable Shipments Hit 26M

Xiaomi On Top As Wearable Shipments Hit 26M

Source:ZDNet

Xiaomi On Top As Wearable Shipments Hit 26M