The telecommunications industry is now entering an exciting phase of development many refer to as the Internet of Everything (IoE), including Internet of Humans (IoH), Internet of Digital (IoD), and Internet of Sensors (IoS). The objective here is to bring more “smartness” to the way humans and machines communicate. In order for this vision to materialize, enabling technologies must be harmonized under a common paradigm so they can enable seamless experiences across various verticals. There are five key technologies upon which the IoE world is built, namely sensor networks, connectivity, processing, software platforms, actuation technologies, and big data and machine learning. Based on these building blocks, the Semiconductors sector looks at the strategic technology deployment across various verticals with unparalled technology granularity covering all WLAN and WWAN technologies and technology combinations, processing platforms including CPUs, MCUs, MPUs, DSPs, ISPs, heterogeneous computing, high performance computing, key sensor technologies, and sensor fusions targeting various use cases from motion sensing, environment sensing, optical, and image sensing, to acoustic sensing and biometric sensing.
The opportunities and new revenue streams that NFC payments will potentially open up is certain to drive market convergence. The multi-application nature of NFC gives stakeholders the ability to offer added value services through NFC applications, in turn creating new business partnerships, additional new service offerings such as retail and loyalty applications, allowing NFC service providers the option to access new and additional markets to which may have previously been out of reach. Ticketing, retail and, loyalty and access control are increasingly looking like those applications set to advance and benefit the most from NFC. Payments will certainly be a primary driver for market convergence, but it will not stop there. This report analyzes those markets that have potential for market convergence, the benefits and drivers of convergence and those business groups and market sectors that will experience the greatest returns.