is Vice President of Competitive Technical Intelligence at Chipworks. Jim leads Chipworks’ Design Teams, R&D Teams, and Product Management. Jim and his team work closely with customers around the globe, delivering technical analysis that helps them benchmark product roadmaps, reduce the time-to-market, and reduce research and development risk. The technical analysis provided by Jim’s team has been credited with helping major semiconductor and electronics companies save hundreds of millions of dollars in design while increasing revenues and market share through superior product design and faster launches.
The fitness wearables market is driving millions of shipments per year in silicon and devices. By 2019, IDC predicts that the worldwide wearables market will grow to around 155.7 million units. In addition to driving revenues — the fitness wearables market alone is projected to reach nearly $30 billion US dollars in 2016 as noted. The patent licensing landscape for this market is on the verge of explosive growth, especially since many of the patents used in IoT technology are nearly 20 years old.