Market Overview:
The global IoT chip market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for wearable devices, building automation, industrial, automotive & transportation applications, and others. However, the high cost of chips may restrain the growth of this market. Based on type, the global IoT chip market is segmented into processors, sensors, connectivity ICs (Bluetooth Low Energy [BLE], ZigBee), memory devices (NAND flash memories), and logic devices (ASICs). The processors segment is expected to hold the largest share of this market during the forecast period. This can be attributed to their growing use in various applications such as wearables and automobiles. Based on application area wise; wearable devices are estimated ot account for highest revenue share followed by automotive & transportation sector during 2018-2030 owing ot increase in demand for these two sectors across globe .
Product Definition:
An IoT chip is a microchip specifically designed for the Internet of Things. It enables devices to connect and interact with each other, as well as collect and exchange data. The importance of IoT chips lies in their ability to facilitate communication between devices, making it possible for them to operate as part of a larger network.
Processor:
processor is an electronic component that performs a specific task in a computer system. It is used to execute the instructions stored in the memory (devices or chips) and to carry out the programs run by the microcomputer. The processor’s speed determines how quickly data can be processed, thus determining how fast systems can operate.
Sensor:
The sensor is an instrument that measures and responds to physical parameters. It may be a device that detects changes in temperature, pressure, or position; or it may be a system for measuring the quality of food products. Sensors are used in almost all areas of IoT-related applications such as smart cities, smart homes, transportation systems (such as railways & roadways), environmental monitoring systems (water levels & air quality), and healthcare monitoring systems among others.
Application Insights:
The building automation segment dominated the global IoT chip market in 2017 and is expected to continue its dominance over the forecast period. The increasing need for energy conservation, smart city initiatives, and efficient use of resources has resulted in a rise in demand for building automation systems. Furthermore, growing emphasis on home security coupled with an increase in spending on high-tech products such as smart meters and thermostats is anticipated to drive growth over the forecast period.
The industrial application segment accounted for more than 20% share of the overall revenue in 2017 owing to extensive usage of connectivity chips across various industries including oil & gas, manufacturing, utilities among others. Growing demand from consumer electronics manufacturers such as Samsung Electronics Co., Ltd., HTC Corporation who are increasingly using sensors within their smartphones is also expected to have a positive impact on industry growth over the coming years.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the increasing demand for wearable devices and rising adoption of IoT technologies. The growing manufacturing sector in China, India, and Japan (CIJ) on account of low labor cost is expected to drive regional growth. Furthermore, the presence of major technology players such as Huawei Technologies Co., Ltd.; Samsung Electronics Co., Ltd.; BBK electronics (Includes brands such as Oppo, Realme), Vivo; Xiaomi Corporation; ZTE Corporation; among others has led to an increase in penetration rates across all income groups thereby fueling demand for innovative connectivity solutions.
North America accounted for more than 25% revenue share in 2017 owing to early adoption by several industries including healthcare & life sciences, automotive & transportation and building automation industry. Moreover, high disposable income levels coupled with advanced infrastructure are some other factors that have contributed significantly towards market growth across this region since last few years.
Growth Factors:
- Increasing demand for IoT devices and applications
- Rapid increase in data generation and storage needs of IoT devices
- Proliferation of low-cost sensors and microcontrollers
- Advances in wireless communication technologies
- Growing demand for cloud-based services
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Chip Market Research Report
By Type
Processor, Sensor, Connectivity IC, Memory Device, Logic Device
By Application
Wearable Devices, Building Automation, Industrial, Automotive & Transportation, Others
By Companies
INTEL, QUALCOMM INCORPORATED, NXP SEMICONDUCTORS, TEXAS INSTRUMENTS INCORPORATED, CYPRESS SEMICONDUCTOR, MEDIATEK, MICROCHIP TECHNOLOGY, RENESAS ELECTRONICS, STMICROELECTRONICS, HUAWEI TECHNOLOGIES, NVIDIA, ADVANCED MICRO DEVICES, SAMSUNG ELECTRONICS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global IoT Chip Market Report Segments:
The global IoT Chip market is segmented on the basis of:
Types
Processor, Sensor, Connectivity IC, Memory Device, Logic Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wearable Devices, Building Automation, Industrial, Automotive & Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- INTEL
- QUALCOMM INCORPORATED
- NXP SEMICONDUCTORS
- TEXAS INSTRUMENTS INCORPORATED
- CYPRESS SEMICONDUCTOR
- MEDIATEK
- MICROCHIP TECHNOLOGY
- RENESAS ELECTRONICS
- STMICROELECTRONICS
- HUAWEI TECHNOLOGIES
- NVIDIA
- ADVANCED MICRO DEVICES
- SAMSUNG ELECTRONICS
Highlights of The IoT Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Processor
- Sensor
- Connectivity IC
- Memory Device
- Logic Device
- By Application:
- Wearable Devices
- Building Automation
- Industrial
- Automotive & Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Chip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT Chip is a chip that can be used in IoT devices. It helps to connect and manage devices, sensors, and other components in an IoT system.
Some of the key players operating in the iot chip market are INTEL, QUALCOMM INCORPORATED, NXP SEMICONDUCTORS, TEXAS INSTRUMENTS INCORPORATED, CYPRESS SEMICONDUCTOR, MEDIATEK, MICROCHIP TECHNOLOGY, RENESAS ELECTRONICS, STMICROELECTRONICS, HUAWEI TECHNOLOGIES, NVIDIA, ADVANCED MICRO DEVICES, SAMSUNG ELECTRONICS.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IoT Chip Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IoT Chip Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IoT Chip Market - Supply Chain
4.5. Global IoT Chip Market Forecast
4.5.1. IoT Chip Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IoT Chip Market Size (000 Units) and Y-o-Y Growth
4.5.3. IoT Chip Market Absolute $ Opportunity
5. Global IoT Chip Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IoT Chip Market Size and Volume Forecast by Type
5.3.1. Processor
5.3.2. Sensor
5.3.3. Connectivity IC
5.3.4. Memory Device
5.3.5. Logic Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IoT Chip Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IoT Chip Market Size and Volume Forecast by Application
6.3.1. Wearable Devices
6.3.2. Building Automation
6.3.3. Industrial
6.3.4. Automotive & Transportation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IoT Chip Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IoT Chip Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IoT Chip Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IoT Chip Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IoT Chip Demand Share Forecast, 2019-2026
9. North America IoT Chip Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IoT Chip Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IoT Chip Market Size and Volume Forecast by Application
9.4.1. Wearable Devices
9.4.2. Building Automation
9.4.3. Industrial
9.4.4. Automotive & Transportation
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IoT Chip Market Size and Volume Forecast by Type
9.7.1. Processor
9.7.2. Sensor
9.7.3. Connectivity IC
9.7.4. Memory Device
9.7.5. Logic Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IoT Chip Demand Share Forecast, 2019-2026
10. Latin America IoT Chip Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IoT Chip Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IoT Chip Market Size and Volume Forecast by Application
10.4.1. Wearable Devices
10.4.2. Building Automation
10.4.3. Industrial
10.4.4. Automotive & Transportation
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IoT Chip Market Size and Volume Forecast by Type
10.7.1. Processor
10.7.2. Sensor
10.7.3. Connectivity IC
10.7.4. Memory Device
10.7.5. Logic Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IoT Chip Demand Share Forecast, 2019-2026
11. Europe IoT Chip Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IoT Chip Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IoT Chip Market Size and Volume Forecast by Application
11.4.1. Wearable Devices
11.4.2. Building Automation
11.4.3. Industrial
11.4.4. Automotive & Transportation
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IoT Chip Market Size and Volume Forecast by Type
11.7.1. Processor
11.7.2. Sensor
11.7.3. Connectivity IC
11.7.4. Memory Device
11.7.5. Logic Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IoT Chip Demand Share, 2019-2026
12. Asia Pacific IoT Chip Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IoT Chip Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IoT Chip Market Size and Volume Forecast by Application
12.4.1. Wearable Devices
12.4.2. Building Automation
12.4.3. Industrial
12.4.4. Automotive & Transportation
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IoT Chip Market Size and Volume Forecast by Type
12.7.1. Processor
12.7.2. Sensor
12.7.3. Connectivity IC
12.7.4. Memory Device
12.7.5. Logic Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IoT Chip Demand Share, 2019-2026
13. Middle East & Africa IoT Chip Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IoT Chip Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IoT Chip Market Size and Volume Forecast by Application
13.4.1. Wearable Devices
13.4.2. Building Automation
13.4.3. Industrial
13.4.4. Automotive & Transportation
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IoT Chip Market Size and Volume Forecast by Type
13.7.1. Processor
13.7.2. Sensor
13.7.3. Connectivity IC
13.7.4. Memory Device
13.7.5. Logic Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IoT Chip Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IoT Chip Market: Market Share Analysis
14.2. IoT Chip Distributors and Customers
14.3. IoT Chip Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. INTEL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. QUALCOMM INCORPORATED
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NXP SEMICONDUCTORS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TEXAS INSTRUMENTS INCORPORATED
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CYPRESS SEMICONDUCTOR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MEDIATEK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MICROCHIP TECHNOLOGY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RENESAS ELECTRONICS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STMICROELECTRONICS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HUAWEI TECHNOLOGIES
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NVIDIA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ADVANCED MICRO DEVICES
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SAMSUNG ELECTRONICS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
