How Important Is The Wearables Market For Intel?
Learning from its short-shortsightedness in the smartphone market (where it lost out due to its late entry), Intel (NASDAQ:INTC) is determined to be one of the early entrants in Internet-of-Things (IoT). Wearable devices are a subset of IoT, and Intel has been aggressively investing to gain a wide footprint in the space. The company currently derives less than 5% of its revenue from IoT, and we expect the proportion to increase to roughly 10% by 2020.
Have more questions about Intel? See the links below:
>> Will Intel’s Dependence On The PC Market Continue To Decline?
>> How Is Intel’s Revenue & EBITDA Composition Expected To Change By 2020?
>> Will Intel’s Server Revenue Grow In Line With The Global Server Market?
>> Intel In 2015: Growth in Data Center, IoT and Memory Was Offset By A Steep Decline In PC Sales
>> What’s Intel’s Fundamental Value Based On Expected 2016 Results?
>> What Is Intel’s Expected Revenue & EBITDA Growth For 2016?
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