The 'Fad Phase' has gone. Now there is the quiet background development phase. Things are still happening, but you won't hear about anything until such time as something is released. And then that release will be heralded as "New Object X' rather than 'just one of many IoT objects'.<p>In my opinion, most of these objects will have embedded intelligence based upon one of the many SBCs (arduino, raspberry pi, risc-v, etc) in the short-term until dedicated ICs can be manufactured to suit each particular object.<p>It'll be the old 'economies of scale' factor: when an object becomes a best-seller, it'll then become economic to use a dedicated IC to make a more compact, energy-efficient 'Thing'.
I used to run an Internet of Things conference, which is what prompted this article: <a href="https://kconfs.com/iotfuse/" rel="nofollow">https://kconfs.com/iotfuse/</a>
Chip shortages made cheap hardware difficult to source!<p>This may soon rebound however.<p>I only hope there are sensible trends.<p>There are real considerations of security and practicality to consider (does everything need a microchip?)
It could be that the hype died down, the industry has matured and commodified. This happened with the storage industry over the last couple of decades.