Embedded intelligence market potential . Within Europe there is significant investment being made through the ENIAC, Artemis and EPoSS programmes that is set to continue into Horizon 2020 and will see close to €5Billion invested over 7 years. The recent Strategic Research Agenda in Smart Systems Integration of the European Technology Platform EPoSS also identified Embedded Intelligence as the key enabler in the design and manufacturing of complex products and services. While currently it is relatively immature as a technology, the Internet of Things is likely to see the number of connected objects reach 50 billion by 2020. The integration of embedded
Smart lighting photonics are already transforming society just as electronics revolutionized the world in recent decades and it will continue to contribute more in the future. From the statistics, North America’s optoelectronics market grew to more than $20 billion in 2003. The LED (light-emitting diode) market is expected to reach $5 billion in 2007, and the solid-state lighting market is predicted to be $50 billion in 15–20 years, as stated by E. Fred Schubert, Wellfleet Senior Distinguished Professor of the Future Chips Constellation at Rensselaer. Smart lighting Smart lighting is a lighting technology designed for energy efficiency. This may include high efficiency