Time to read: 1 min

Introduction

The hardware industry is growing at an exhilarating pace. More companies are developing innovative products, we have better tools for prototyping and manufacturing, and access to these tools—and the knowledge around how to use them—is becoming more universally available.

But we still have a ways to go before hardware development can be truly accessible to everyone—companies face a myriad of complex challenges in taking an idea and turning it into a commercially viable product.

So to better understand these challenges, we surveyed over 200 people in the hardware industry and today we’re excited to share our findings with you in this free report.

We recognize this is only a small sampling of what’s going on in the larger ecosystem, but we hope this snapshot provides value to the community so we can all reflect, continue to iterate, and innovate our way to better hardware development.

At Fictiv, we’re working everyday to make it easier for companies to develop physical products by building better tools and creating better resources for truly democratized hardware development.

Building something awesome? 

Visit fictiv.com to learn more about how we can help your company prototype faster than ever before.

Sources:

  1. The State of Hardware Crowdfunding in Q1
  2. Venture Outlook 2016
  3. What is Going to Happen in 2016
  4. Internet of Things: Are We There Yet?
  5. Funding to IoT Startups Has More Than Doubled in Six Years
  6. Who Invests in Hardware Startups?
  7. How to Attract Female Engineers