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Year 1979
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The 8088, 8086, and 80286 are 16-bit CPUs.
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Internal registers are 16 bits in size.
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The 8086 is faster than the 8088 because of its 16-bit data bus; the 8088 has only an 8-bit data bus.
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The 16-bit data bus allows you to use EVEN and ALIGN on an 8086 processor to word-align data and thus improve data-handling efficiency.
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Memory addresses on the 8086 and 8088 refer to actual physical addresses.
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The 8086 and 8088 have 20 address pins, and 1 megabyte of addressable memory (which is the real mode segmented memory explained later) requires addresses of 20 bits in size.
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See also:
Brief History of Microprocessors