ARM and SoftBank Aim to Become Pioneers in IoT - Market Realist

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In the previous part of this series, we discussed how ARM Holdings (ARMH) designs chips that are used in almost all smartphones across the globe. Intel's (INTC) Atom processors could not compete with ARM's power-efficient, low-cost processors in the mobile space. Using ARM-based chips, Qualcomm (QCOM), Apple (AAPL), and Samsung (SSNLF) have dominated the mobile processor market. Now ARM is moving toward IoT (Internet of Things) and has already gained a 26% share in the IoT market. The company expects to gain a 50% market share by 2020, growing at a CAGR (compounded annual growth rate) of 7%.