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Semico Research sees MEMS Market Growing 70% by 2017
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Thanks in large part to the growing smart phone and automotive markets, the MEMS market will generate almost $17 billion in revenues for 2013 and will increase 70% to over $28 billion by 2017. Mobile healthcare is one of the sectors that can attribute its recent growth to MEMS, which is why Semico's Chief of Technology, Tony Massimini, will speak at the 2013 MEPTEC Medical Technology Conference taking place September 17th and 18th at Arizona State University. He will be speaking about the Quantified Self, which is the trend of aggregating as much data about an individual as possible. If you're looking for a market to innovate in with MEMS, healthcare is the way to go. The industry has been faced with the problem of how to proactively engage consumers into monitoring and managing their conditions before they reach the intervention point, and to encourage users to integrate common healthcare solutions into their daily lives before they are afflicted with a chronic or acute illness. MEMS is the solution by enabling apps and devices that can aggregate this data to create actionable items. The body then becomes a personal network to transmit biometrics. Semico has been focusing on MEMS over the last few years, and we have a variety of reports on the topic:
Our most recent study, MEMS and Controllers: Dynamics of Competition, examines how MEMS and microcontrollers work together. The study looks at the type of MCUs that ship with MEMS and the end use markets using this combination of devices. Market dynamics and key players are covered, while sensor fusion and other new technologies are explored. MEMS is an exciting topic in the semiconductor industry, and Semico can answer any questions you may have about this technology. |
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For More information, contact Rick Vogelei. |
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