Semiconductor market review 2017; is there a boom due to connect and automate everything tech

After Double-digit growth in 2014, the semiconductor market is nearly flat but except for 2017, semiconductor analysts forecasting double digit growth. The IOT and wearables not reached a stage where they could make the semiconductor market to grow the way it had grown earlier due to PC, Internet and smartphone boom. The latest figures from U.S. based industry body Semiconductor Industry Association (SIA), rises the hope of growth boom for connect and automate everything technologies. Nearly most of the semiconductor vendors gravitated towards Automotive for the continous growth of semiconductor content in vehicles due to electrification and autonomous driving. The new operating system Windows 10 by Microsoft did not really help PC market to grow that visibly. And in the smartphone market, no significant innovation has happened to drive its sales growth in double-digit, except for the demand for 4G phones and increased use of DRAM and flash memory. Although IOT and wearables gave extra boost to the growth of semiconductor industry, but not large enough to result in to significant growth. The products making a ordinary home a smart home are not really that value-adding and must-buy kind of a products. So application-wise no new opportunity can be compared to automotive. The chip market is continuously becoming very cost competitive where the profit margin is dimini...