2016 Electronics & Electrical Equipment Outlook

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What crucial trends are driving the industry?

There are many crucial trends in the electronic and electrical equipment, but there are five (5) trends that I see that will drive the industry over the next few years.

Continued Growth in Connecting of Devices (Internet of Things (IoT)): The massive growth of Internet of Things (IoT) in the connection of “things” such as personal wearables, GPS systems, home systems, sensors and cameras in cars, and tele-health, etc. will continue to grow the industry with some estimates of 50 billion connected devices or “things” by 2020.

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