How cloud computing, AI and IoT will transform semiconductor companies’ revenues in 2018

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The Internet of Things (IoT), artificial intelligence (AI) and cloud computing are among the key application markets in driving semiconductor providers’ revenue streams over the coming year, according to a new report from KPMG.

Cloud Computing

Of the 150 semiconductor industry leaders surveyed by the professional service provider, three quarters said wireless communications, including smartphones and other mobile devices, are either important or very important. This number is down from 84% in 2016. IoT was cited by 63% of respondents, with robotics (45%), cloud computing (43%) and artificial intelligence (43%) also seen as important. Cloud and AI saw a notable increase year over year, from 27% and 18% respectively.

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