Global IoT Chip Market Share

Statistics for the 2023 & 2024 Global IoT Chip market share, created by Mordor Intelligence™ Industry Reports. Global IoT Chip share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global IoT Chip Industry

The Global Internet of Things (IoT) Chip Market is moderately competitive, with a considerable number of regional players. The companies are leveraging strategic collaborative initiatives and acquisitions to increase market share and profitability.

  • June 2021 - Impinj Inc., which is a RAIN RFID provider and Internet of Things provider, announced the introduction of three new RAIN RFID reader chips that enable IoT device manufacturers to meet the increasing demand for item connectivity in applications such as retail, supply chain and logistics, and consumer electronics, among other markets.
  • June 2021 - Qualcomm launched seven of its new IoT chipsets that were targeted at devices meant for logistics, warehousing, smart cameras, video collaboration, and retail, among other applications. The company also stated that these new IoT solutions offer significant capabilities for a wide range of connected solutions and smart devices with extended life hardware and software options to achieve long-term support for a minimum of eight years.

IoT Chip Market Leaders

  1. Qualcomm Technologies Inc.

  2. Samsung Electronics Co. Ltd

  3. Analog Devices Inc.

  4. Intel Corporation

  5. STMicroelectronics NV

*Disclaimer: Major Players sorted in no particular order

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IoT Chip Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)