Forrester: Chip shortage will limit IoT growth by 10-15% in 2022

Forrester Research predicts the ongoing global chip shortage will limit IoT growth by 10-15 percent in 2022.

The chip shortage that’s plaguing all technology manufacturers is the result of several factors including trade conflicts and even a drought in Taiwan, the leading country for semiconductor manufacturing. However, the biggest factor was COVID-19.

COVID-19 forced the closure of many semiconductor manufacturing facilities. Meanwhile, the demand for technology...