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%
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.
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.
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.
Processors
Connectivity Integrated Circuits (ICs)
Sensors
Memory devices
Logic devices
Less than 1 W
1–3 W
3–5 W
5–10 W
More than 10 W
Wearable Devices
Healthcare
Consumer Electronics
Automotive & Transportation
Building Automation
Manufacturing
Retail
BFSI
Oil & Gas
Agriculture
Aerospace & Defense
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
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.
The non-identical approach of Reports and Insights 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 Reports and Insights 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.
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.
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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. Introduction
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
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%
The base year for the report is 2021 in IoT chip market.
The research report classifies the global IoT Chip market based on hardware, power consumption, end-use applications, and regions.
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.
