Internet of Things (IoT) chip Market Analysis, Growth, Demand, Key Players and Outlook 2028

Comments · 213 Views

The global Internet of Things (IoT) chip market is forecast to reach a market size of USD 34.74 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research.

This is a vital segment of the research study as it provides market insights relating to the growth of the Internet of Things Chip (IOT) market at both the country as well as regional level. The researchers estimate the market growth in different regions and countries by assessing both value and volume. They accurately analyze the revenue, price, CAGR, consumption, sales, and other aspects relevant to the regional markets studied in the report.

The global IoT chip market revenue is expected to increase significantly during the forecast period due to increasing demand for wearable devices among an expanding consumer base in developed as well as developing economies. Rising adoption of Artificial Intelligence technology is also a major factor expected to further boost global IoT chip market growth during the forecast period. Increasing adoption of more advanced technologies due to industry 4.0 trends is expected to further support growth of the market.

Get To Know More@: https://www.emergenresearch.com/industry-report/iot-chip-market

Key Highlights of Report

Logic device segment is expected to lead in terms of revenue with a CAGR of 15.0% during the forecast period. This high growth rate can be attributed to growing use of field-programmable gate arrays in wearable devices.

Consumer electronics segment is projected to account for largest market share over the forecast period due to growing demand for IoT-enabled wearables and smart appliances.

North America market is projected to account for the highest revenue share among other regional markets over the forecast period due to robust presence of international market players such as Intel Corporation, Qualcomm Incorporated, Texas Instruments Incorporated, and NVIDIA Corporation, among others in countries in the region.

Key market participants include NXP Semiconductors N.V., Samsung Electronics Co Ltd, Intel Corporation, Qualcomm Incorporated, Texas Instruments Incorporated, Microchip Technology Inc., STMicroelectronics N.V., Cypress Semiconductor Corporation, NVIDIA Corporation, and Huawei Technologies Co., Ltd.

In October 2020, LegUp Computing Inc. was acquired by Microchip Technology Inc. Through this acquisition, Microchip will simplify development of Polarfire, FPGA-based edge computes solutions.

Emergen Research has segmented the global IoT chip market on the basis of product, end-use, and region.

Product Outlook (Revenue, USD Billion; 2021–2028)

Processor

Digital Signal Processor

Application Processor

Microcontroller

Connectivity IC

Bluetooth

Bluetooth Low Energy

Zigbee

Ant+

Ethernet

Near-Field Communication (NFC)

Wireless Fidelity (Wi-Fi)

Wireless Highway Addressable Remote Transducer

Thread

Global Navigation Satellite System Module

Memory Device

Dynamic Random-Access Memory

Static Random-Access Memory

Sensor

Heart Rate Sensor

Temperature Sensor

Accelerometer

Pressure Sensor

Inertial Measurement Unit

Blood Glucose Sensor

Image Sensor

Blood Oxygen Sensor

Electrocardiogram Sensor

Flow Sensor

Ambient Light Sensor

Image Sensor

Humidity Sensor

Motion Position Sensor

Gas Sensor

Logic Device

Field-Programmable Gate Array

End-use Outlook (Revenue, USD Billion; 2021–2028)

Healthcare

Retail

Building Automation

Consumer Electronics

BFSI

Agriculture

Automotive

Aerospace Defense

Oil Gas

Others

Regional Outlook: (Revenue, USD Billion; 2018-2028)

North America (U.S.) (Canada) (Mexico)

Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)

Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)

Latin America (Brazil) (Rest of LATAM)

Get a FREE Sample Report@: https://www.emergenresearch.com/request-sample/489

Table of Content

Chapter 1. Methodology Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. IoT Chip Market Segmentation Impact Analysis

4.1. IoT Chip Market Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Increasing demand for wearable devices

4.2.2.2. Rising adoption of artificial intelligence technology

4.2.2.3. Increasing adoption of connected devices

4.2.2.4. Increasing application of IoT for process automation

4.2.3. Market restraints analysis

4.2.3.1. Data security issue

4.2.3.2. Interoperability issues

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continue…

Related Reports.

Wi-Fi 6 Devices Market Size Worth USD 27.42 Billion in 2028

Gaming Console Market Size Worth USD 54.21 Billion in 2028

Smart Greenhouse Market Size Worth USD 3.16 Billion in 2028

Horticulture Lighting Market Size Worth USD 11.27 Billion in 2028

Smart Dust Market Size Worth USD 900.1 Million in 2028

Radiofrequency-Based Devices Market Size Worth USD 9,595.9 Million in 2028

 

 

Read more
Comments