We at are an inflection point for the development and adoption of IoT technology, that’s the main takeaway from a new report on the Internet of Thing industry from Morgan Stanley published last week.

The IoT market has moved on significantly over the past 12 months. This time last year there was much hype surrounding the technology, although many speculated it would be years before the public widely adapted IoT devices. However, according to Morgan Stanley’s research, almost the entire semiconductor industry is preparing for the manufacture and introduction of IoT devices and related hardware to the market.

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