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The IoT Chip Market is segmented by Product (Processor, Sensor, Connectivity IC, and Memory Device), End-user (Healthcare, Consumer Electronics, and Industrial), and Geography.
Study Period:
2018 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
Asia Pacific
CAGR:
13.2 %
The IoT Chip Market was valued at USD 12133.8 million in 2020, and it is expected to reach a value of USD 25533 million by 2026, at a CAGR of 13.2% over 2021-2026. In the near future, 5G Network, artificial intelligence, machine learning, smart homes, smart cities, as well as an increase in the IoT connected devices in electronics and automotive segment are expected to drive market growth.
An IoT chip is a small electronic device embedded in objects, machines, and electronic devices. It connects to wireless networks and sends and receives data. Sometimes referred to as a "radio chip", the IoT chip contains the same technology and data circuits found in mobile phones (but without a display or a keypad).
By Product | |
Processor | |
Sensor | |
Connectivity IC | |
Memory Device | |
Logic Device | |
Other Products |
By End-user | |
Healthcare | |
Consumer Electronics | |
Industrial | |
Automotive | |
BFSI | |
Retail | |
Building Automation | |
Other End-users |
Geography | ||||||
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The IoT chip market is highly competitive, with the presence of many big and small players in the market running their business in domestic as well as international boundaries. The market appears to be moderately concentrated with the major players adopting strategies, like product innovation and mergers and acquisitions. Some of the key players in the market are Qualcomm Technologies Inc., Samsung Electronics Co. Ltd, Analog Devices Inc., and Intel Corporation, among others.
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rising Demand of Connected and Wearable Devices
4.3.2 Adoption of Advance Technologies due to rising Trend of Industry 4.0
4.4 Market Restraints
4.4.1 Lack of Standardization of Communication Protocol Across Different Platforms
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. TECHNOLOGY SNAPSHOT
6. MARKET SEGMENTATION
6.1 By Product
6.1.1 Processor
6.1.2 Sensor
6.1.3 Connectivity IC
6.1.4 Memory Device
6.1.5 Logic Device
6.1.6 Other Products
6.2 By End-user
6.2.1 Healthcare
6.2.2 Consumer Electronics
6.2.3 Industrial
6.2.4 Automotive
6.2.5 BFSI
6.2.6 Retail
6.2.7 Building Automation
6.2.8 Other End-users
6.3 Geography
6.3.1 North America
6.3.1.1 United States
6.3.1.2 Canada
6.3.2 Europe
6.3.2.1 United Kingdom
6.3.2.2 Germany
6.3.2.3 France
6.3.2.4 Rest of Europe
6.3.3 Asia-Pacific
6.3.3.1 China
6.3.3.2 Japan
6.3.3.3 South Korea
6.3.3.4 Rest of Asia-Pacific
6.3.4 Rest of the World
6.3.4.1 Latin America
6.3.4.2 Middle-East & Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Qualcomm Technologies Inc.
7.1.2 Intel Corporation
7.1.3 Texas Instruments Incorporated
7.1.4 NXP Semiconductors NV
7.1.5 Cypress Semiconductor Corporation
7.1.6 Mediatek Inc.
7.1.7 Microchip Technology Inc.
7.1.8 Samsung Electronics Co. Ltd
7.1.9 Silicon Laboratories Inc.
7.1.10 Invensense Inc.
7.1.11 STMicroelectronics NV
7.1.12 Nordic Semiconductor ASA
7.1.13 Analog Devices Inc.
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability