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IoT Chip Market

IoT Chip Market

    
    
    


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IoT Chip Market Overview

The report is titled as ‘IoT Chip Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the IoT chip market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The IoT chip market is expected to grow at a significant rate in the near future.

The global IoT chip market is estimated to reach at a value of US$ 395.3 Bn by the end of 2020 and expected to reach at a value of US$ 665.6 Bn by 2028 with a significant CAGR of 6.7%

IoT Chip Market Definition

The Internet of Things may be a topic in the headlines in the industry although it is not a fresh concept. The term “Internet of Things'' (IoT) has been around in the markets for quite a while now, and the scope of “smart” applications that come under this widening category is extensive and increasing. The Internet of Things serves its utility in numerous industries across the world, including industrial applications and buildings, health and biosciences, security, retail, IT and networks, not to say home and consumer segment.

The Internet of Things (IoT) allows us to start our cars, control all electric appliances, monitor our heart rate and sleep patterns as well as the overall well-being and many other things by just using our smartphones.

Fundamentally, the Internet of Things (IoT) pertains to a system of internet-connected and interrelated entities that have the capability to gather and convey data over a wireless network without any human intrusion.

Furthermore, an IoT chip is a tiny electronic instrument inserted in entities, electronic devices, and machines. It links to wireless networks and transmits and obtains data. The IoT chip often referred to as “radio chip” comprises the same data circuits and technology which are usually employed in mobile phones.

IoT Chip Market Dynamics

The technologically advancing and revolutionizing world is the primary factor that is propelling the development of internet connectivity across the world thereby driving the growth of the global IoT chip market. With the same token, the increasing internet connectivity, worldwide, is also boosting the growth of low-cost smart wireless sensor networks among consumers globally, thus further fueling the growth of the global market of IoT chips.

More importantly, there is a massive demand for automation development worldwide owing to the escalating demand of enhanced standards of living, energy-efficient solutions, as well as improved security, which is ultimately acting as another major factor that is positively accelerating the growth of the global IoT chip market in the near future.

In addition to that, the adoption of the internet of things by the majority of the giant industries in the global markets, comprising the healthcare and automotive industry is also playing a positive role in supporting the growth of the global IoT chip market in the years to come.

In the automotive space, according to a study from New York-based management consulting service Oliver Wyman, within a few years, most of the vehicles across the world will be internet-ready. The connected cars will be able to interact with manufacturers and owners for software updates and maintenance, while data accumulated on our driving habits and usage of in-car systems will help manufacturers adapt fresh models to meet dynamic needs. Such factors are expected to provide numerous growth opportunities for the global IoT chip market in the forthcoming future.

Moreover, there has been abundant funding from the governments for R&D which is anticipated to give major breakthroughs to the growth of the global IoT chip market over the coming years. However, the consequently rising concerns about the security and privacy of user data is likely to bottle up the growth of the global IoT chip market over the forecast period.

IoT Chip Market Segmentation

The global IoT chip market is segmented on the basis of hardware, power consumption, end-use applications, and regions. On the basis of the hardware, the IoT chip market is segmented into Processors, Connectivity Integrated Circuits (ICs), Sensors, Memory devices, Logic devices. On the basis of power consumption, the market is segmented into Less than 1 W, 1–3 W, 3–5 W, 5–10 W, and More than 10 W. Further, the IoT chip market is segmented on the basis of end-use applications into Wearable Devices, Healthcare, Consumer Electronics, Automotive & Transportation, Building Automation, Manufacturing, Retail, BFSI, Oil & Gas, Agriculture, and Aerospace & Defense.

The research report classifies the global IoT Chip market based on hardware, power consumption, end-use applications, and regions.

By Hardware:

Processors

Connectivity Integrated Circuits (ICs)

Sensors

Memory devices

Logic devices

By Power Consumption:

Less than 1 W

1–3 W

3–5 W

5–10 W

More than 10 W

By End-use Application:

Wearable Devices

Healthcare

Consumer Electronics

Automotive & Transportation

Building Automation

Manufacturing

Retail

BFSI

Oil & Gas

Agriculture

Aerospace & Defense

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

IoT Chip Market Key Players

The global IoT Chip market is dominated by Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, NXP Semiconductors N.V., MediaTek Inc., Marvell Technology Group Ltd., Microchip Technology Inc., Cypress Semiconductor Corporation, Renesas Electronics Corporation, Huawei Technologies Co., Ltd., NVIDIA Corporation, Samsung Electronics, and Advanced Micro Devices, among others.

MMC Overview on IoT Chip Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the IoT Chip market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of IoT Chip

Advantages of IoT Chip

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global IoT Chip Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global IoT Chip Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global IoT Chip Market Snapshot

2.4.    Global IoT Chip Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global IoT Chip Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    IoT Chip Assessment and Analysis

3.1.    IoT Chip Impact Analysis 

3.2.    Actions to encourage use of IoT Chip

3.3.    IoT Chip Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on IoT Chip Market

4.1.    Impact Analysis of Covid-19 on the global IoT Chip market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Fluctuation In Production

4.5.    Volatility In Price 

4.6.    Effect On The Overall Trade 

4.7.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global IoT Chip Market, By Hardware

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Hardware

5.1.2.    BPS Analysis, By Hardware

5.2.    Market Revenue (US$Mn) and Forecast, By Hardware

5.2.1.    Processors

5.2.2.    Connectivity Integrated Circuits (ICs)

5.2.3.    Sensors

5.2.4.    Memory devices

5.2.5.    Logic devices

5.3.    Global IoT Chip Market Attractiveness Index, By Hardware

6.    Global IoT Chip Market, By Power Consumption

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Power Consumption

6.1.2.    BPS Analysis, By Power Consumption

6.2.    Market Revenue (US$Mn) and Forecast, By Power Consumption

6.2.1.    Less than 1 W

6.2.2.    1–3 W

6.2.3.    3–5 W

6.2.4.    5–10 W

6.2.5.    More than 10 W

6.3.     Global IoT Chip Market Attractiveness Index, By Power Consumption

7.    Global IoT Chip Market, By End-Use Application

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By End-Use Application

7.1.2.    BPS Analysis, By End-Use Application

7.2.    Market Revenue (US$Mn) and Forecast, By End-Use Application

7.2.1.    Wearable Devices

7.2.2.    Healthcare

7.2.3.    Consumer Electronics

7.2.4.    Automotive & Transportation

7.2.5.    Building Automation

7.2.6.    Manufacturing

7.2.7.    Retail

7.2.8.    BFSI

7.2.9.    Oil & Gas

7.2.10.    Agriculture

7.2.11.    Aerospace & Defence

7.3.    Global IoT Chip Market Attractiveness Index, By End-Use Application

8.    Global IoT Chip Market, By Region

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Region

8.1.2.    BPS Analysis, By Region

8.2.    Market Revenue (US$Mn) and Forecast, By Region

8.2.1.    North America

8.2.2.    Latin America

8.2.3.    Europe

8.2.4.    Asia Pacific

8.2.5.    Middle East 

8.2.6.    Africa

8.3.    Global IoT Chip Market Attractiveness Index, By Region

9.    North America IoT Chip Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market Revenue (US$Mn) and Forecast, By Country

9.2.1.    U.S. IoT Chip Market

9.2.2.    Canada IoT Chip Market

9.3.    North America IoT Chip Market, By Hardware

9.3.1.    Processors

9.3.2.    Connectivity Integrated Circuits (ICs)

9.3.3.    Sensors

9.3.4.    Memory devices

9.3.5.    Logic devices

9.4.    North America IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

9.4.1.    Less than 1 W

9.4.2.    1–3 W

9.4.3.    3–5 W

9.4.4.    5–10 W

9.4.5.    More than 10 W

9.5.    North America IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

9.5.1.    Wearable Devices

9.5.2.    Healthcare

9.5.3.    Consumer Electronics

9.5.4.    Automotive & Transportation

9.5.5.    Building Automation

9.5.6.    Manufacturing

9.5.7.    Retail

9.5.8.    BFSI

9.5.9.    Oil & Gas

9.5.10.    Agriculture

9.5.11.    Aerospace & Defence

9.6.    North America IoT Chip Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Hardware

9.6.3.    By Power Consumption

9.6.4.    By End-Use Application

10.    Latin America IoT Chip Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    Brazil IoT Chip Market

10.2.2.    Mexico IoT Chip Market

10.2.3.    Rest Of Latin America IoT Chip Market

10.3.    Latin America IoT Chip Market, By Hardware

10.3.1.    Processors

10.3.2.    Connectivity Integrated Circuits (ICs)

10.3.3.    Sensors

10.3.4.    Memory devices

10.3.5.    Logic devices

10.4.    Latin America IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

10.4.1.    Less than 1 W

10.4.2.    1–3 W

10.4.3.    3–5 W

10.4.4.    5–10 W

10.4.5.    More than 10 W

10.5.    Latin America IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

10.5.1.    Wearable Devices

10.5.2.    Healthcare

10.5.3.    Consumer Electronics

10.5.4.    Automotive & Transportation

10.5.5.    Building Automation

10.5.6.    Manufacturing

10.5.7.    Retail

10.5.8.    BFSI

10.5.9.    Oil & Gas

10.5.10.    Agriculture

10.5.11.    Aerospace & Defence

10.6.    Latin America IoT Chip Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Hardware

10.6.3.    By Power Consumption

10.6.4.    By End-Use Application

11.    Europe IoT Chip Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    U.K. IoT Chip Market

11.2.2.    Germany IoT Chip Market

11.2.3.    Italy IoT Chip Market

11.2.4.    France IoT Chip Market

11.2.5.    Spain IoT Chip Market

11.2.6.    Russia IoT Chip Market

11.2.7.    Rest Of Europe IoT Chip Market

11.3.    Europe IoT Chip Market, By Hardware

11.3.1.    Processors

11.3.2.    Connectivity Integrated Circuits (ICs)

11.3.3.    Sensors

11.3.4.    Memory devices

11.3.5.    Logic devices

11.4.    Europe IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

11.4.1.    Less than 1 W

11.4.2.    1–3 W

11.4.3.    3–5 W

11.4.4.    5–10 W

11.4.5.    More than 10 W

11.5.    Europe IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

11.5.1.    Wearable Devices

11.5.2.    Healthcare

11.5.3.    Consumer Electronics

11.5.4.    Automotive & Transportation

11.5.5.    Building Automation

11.5.6.    Manufacturing

11.5.7.    Retail

11.5.8.    BFSI

11.5.9.    Oil & Gas

11.5.10.    Agriculture

11.5.11.    Aerospace & Defence

11.6.    Europe IoT Chip Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Hardware

11.6.3.    By Power Consumption

11.6.4.    By End-Use Application

12.    Asia Pacific IoT Chip Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    China IoT Chip Market

12.2.2.    India IoT Chip Market

12.2.3.    Japan IoT Chip Market

12.2.4.    Australia and New Zealand IoT Chip Market

12.2.5.    South Korea IoT Chip Market

12.2.6.    Rest of Asia Pacific IoT Chip Market

12.3.    Asia Pacific IoT Chip Market, By Hardware

12.3.1.    Processors

12.3.2.    Connectivity Integrated Circuits (ICs)

12.3.3.    Sensors

12.3.4.    Memory devices

12.3.5.    Logic devices

12.4.    Asia Pacific IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

12.4.1.    Less than 1 W

12.4.2.    1–3 W

12.4.3.    3–5 W

12.4.4.    5–10 W

12.4.5.    More than 10 W

12.5.    Asia Pacific IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

12.5.1.    Wearable Devices

12.5.2.    Healthcare

12.5.3.    Consumer Electronics

12.5.4.    Automotive & Transportation

12.5.5.    Building Automation

12.5.6.    Manufacturing

12.5.7.    Retail

12.5.8.    BFSI

12.5.9.    Oil & Gas

12.5.10.    Agriculture

12.5.11.    Aerospace & Defence

12.6.    Asia Pacific IoT Chip Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Hardware

12.6.3.    By Power Consumption

12.6.4.    By End-Use Application

13.    Middle East IoT Chip Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    GCC Countries IoT Chip Market

13.2.2.    Israel IoT Chip Market

13.2.3.    Rest Of Middle East IoT Chip Market

13.3.    Middle East IoT Chip Market, By Hardware

13.3.1.    Processors

13.3.2.    Connectivity Integrated Circuits (ICs)

13.3.3.    Sensors

13.3.4.    Memory devices

13.3.5.    Logic devices

13.4.    Middle East IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

13.4.1.    Less than 1 W

13.4.2.    1–3 W

13.4.3.    3–5 W

13.4.4.    5–10 W

13.4.5.    More than 10 W

13.5.    Middle East IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

13.5.1.    Wearable Devices

13.5.2.    Healthcare

13.5.3.    Consumer Electronics

13.5.4.    Automotive & Transportation

13.5.5.    Building Automation

13.5.6.    Manufacturing

13.5.7.    Retail

13.5.8.    BFSI

13.5.9.    Oil & Gas

13.5.10.    Agriculture

13.5.11.    Aerospace & Defence

13.6.    Middle East IoT Chip Market Attractiveness Index

13.6.1.    By Country

13.6.2.    By Hardware

13.6.3.    By Power Consumption

13.6.4.    By End-Use Application

14.    Africa IoT Chip Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    South Africa Countries IoT Chip Market

14.2.2.    Egypt IoT Chip Market

14.2.3.    North Africa IoT Chip Market

14.2.4.    Rest of Africa IoT Chip Market

14.3.    Africa IoT Chip Market, By Hardware

14.3.1.    Processors

14.3.2.    Connectivity Integrated Circuits (ICs)

14.3.3.    Sensors

14.3.4.    Memory devices

14.3.5.    Logic devices

14.4.    Africa IoT Chip Market Revenue (US$Mn) and Forecast, By Power Consumption

14.4.1.    Less than 1 W

14.4.2.    1–3 W

14.4.3.    3–5 W

14.4.4.    5–10 W

14.4.5.    More than 10 W

14.5.    Africa IoT Chip Market Revenue (US$Mn) and Forecast, By End-use Application

14.5.1.    Wearable Devices

14.5.2.    Healthcare

14.5.3.    Consumer Electronics

14.5.4.    Automotive & Transportation

14.5.5.    Building Automation

14.5.6.    Manufacturing

14.5.7.    Retail

14.5.8.    BFSI

14.5.9.    Oil & Gas

14.5.10.    Agriculture

14.5.11.    Aerospace & Defence

14.6.    Africa IoT Chip Market Attractiveness Index

14.6.1.    By Country

14.6.2.    By Hardware

14.6.3.    By Power Consumption

14.6.4.    By End-Use Application

15.    Competitive Landscape

15.1.    Company Profiles

15.1.1.    Chase Tactical

15.1.1.1.    Company Overview

15.1.1.2.    Financial Overview

15.1.1.3.    Key Developments

15.1.1.4.    Strategies

15.1.1.5.    Product Analysis

15.1.2.    Intel Corporation

15.1.3.    Texas Instruments Incorporated

15.1.4.    Qualcomm Incorporated

15.1.5.    NXP Semiconductors N.V.

15.1.6.    MediaTek Inc.

15.1.7.    Marvell Technology Group Ltd.

15.1.8.    Microchip Technology Inc.

15.1.9.    Cypress Semiconductor Corporation

15.1.10.    Renesas Electronics Corporation

15.1.11.    Huawei Technologies Co., Ltd.

15.1.12.    NVIDIA Corporation

15.1.13.    Samsung Electronics

15.1.14.    Advanced Micro Devices

16.    Acronyms

Frequently Asked Questions

  • What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
    The global IoT chip market is estimated to reach at a value of US$ 395.3 Bn by the end of 2020 and expected to reach at a value of US$ 665.6 Bn by 2028 with a significant CAGR of 6.7%
  • What are the key factors driving the growth of market?
    The technologically advancing and revolutionizing world is the primary factor that is propelling the development of internet connectivity across the world thereby driving the growth of the global IoT chip market. With the same token, the increasing internet connectivity, worldwide, is also boosting the growth of low-cost smart wireless sensor networks among consumers globally, thus further fueling the growth of the global market of IoT chips.
  • What segments are covered in market report?
    The research report classifies the global IoT Chip market based on hardware, power consumption, end-use applications, and regions.
  • What are the key participating players in the market?
    The key participating players in the global IoT Chip market are Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, NXP Semiconductors N.V., MediaTek Inc., Marvell Technology Group Ltd., Microchip Technology Inc., Cypress Semiconductor Corporation, Renesas Electronics Corporation, Huawei Technologies Co., Ltd., NVIDIA Corporation, Samsung Electronics, and Advanced Micro Devices, among others.