The Internet of Things (IoT) refers to the interconnection of everyday objects endowed with sensing, processing, communication and energy management capabilities [item 1) in the Appendix] (the “IoT nodes”). Being at the beginning of its “S curve” in terms of stage of adoption [item 2) in the Appendix] (see “innovators” inFig. 1), the IoT promises to be the next big wave that will further raise the technological and economic impact of the semiconductor industry. More than a decade from now, the massive adoption of IoT technologies (see “late majority” inFig. 1) is expected to expand the number of connected devices per person to the order of a thousand, thus reaching an unprecedented scale of trillions of connected devices [item 3) in the Appendix].
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Alioto et al. (2017) studied this question.
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