The IoT Chips Market Size was valued at USD 502.11 billion in 2023, is expected to reach USD 1159.41 billion by 2032, growing at a CAGR of 9.75% over the forecast period 2024 to 2032.
Increased market penetration of IoT systems, the evolution of connectivity technologies, and higher demands for low-power, performance-effective chips that accelerate smart solutions deployed across various industrial platforms have amassed this growth.
Get more information on IoT Chips Market - Request Sample Report
Drivers:
Increasing Requirement For Application-Oriented Mcus And Adaptable Soc Layouts In IoT Chips Industry
Applications for interconnected enhanced devices in the form of application-specific microcontrollers (MCUs) and flexible system-on-chip (SoC) designs are driving double-digit market growth in the IoT semiconductor type. These chips provide custom solutions that improve performance, minimize power use, and maintain space efficiency for IoT devices. As an example, Nordic Semiconductor's nRF54H20 SoC includes multiple Arm Cortex-M33 processors and RISC-V coprocessors, achieving an ULPMark-CM score of 170, with 515 Core Mark, when configured for best processing efficiency, and a score of 132, with 1290 Core Mark, when configured for best performance. Such processing efficiency combined with performance allows replacing separate general-purpose MCUs and wireless SoCs with compact ones to create smaller and energy-efficient IoT products. The demand for such specialized and flexible chips is rising with the industrial diversity and complexity of IoT Progressions in silicon manufacturing technology are driving the trend.
Restraints:
Challenges For Cybersecurity & Data Privacy In IoT Chips Market
Security and privacy issues are major challenges for the IoT semiconductor market due to the large-scale usage of IoT chips among different industries. Research also indicates that 98% of IoT traffic remains unencrypted, which leaves devices open to multiple cyber threats like malware, data breaches and unauthorized access, with 43% of IoT devices carrying medium to high risk vulnerabilities. While PUF-based RoT (root-of-trust) and RISC-V security chips provide additional security, achieving adequate embedded security is still a complex problem. Also, complying with global data privacy requirements adds to the costs, hindering the adoption of IoT chips. To address evolving cyber risks, strengthening your runtime security posture is crucial.
Opportunities:
AI And Machine Learning Being More Integrated Into IoT Devices
This growing convergence of AI and ML with IoT devices presents a massive opportunity within the IoT chip market particularly for chips capable of executing AI workloads directly at the edge. Demand for AI-powered IoT chipsets is increasing as organizations from diverse sectors embrace these advanced capabilities. More than 50% of chip-dependent, organizations fear that there will be a shortage of supply of semiconductors by 2027 resulting in a higher demand for the custom IoT chips that are capable of handling AI workloads. Work on providing next-generation AI chip to the world is currently in progress, which by this month includes new chips like Tiny AI chips capable of providing 6x better battery life for smart gadgets, IBM's latest innovations and more. Proliferation of Generative AI applications has also led to the increased demand for specialized IoT chips that can enable real-time data processing, predictive analytics, and automation, making it a lucrative market opportunity for IoT chip manufacturers.
Challenges:
High Power Consumption In IoT Chips Straitening Efficient Performance Of Devices
The issue of high power consumption from connected devices is a major hindrance for IoT chips market. Such continuous connectivity is a necessity for IoT devices, leading to high-energy consumption. To save battery life in a range of applications, the adoption of low power chips that require very little energy is essential, yet the development of such chips has proven to be a significant barrier. As internal energy-saving technologies like the dual-core processor help, reduce the energy consumption of IoT devices by up to 3 times. Even new entrants like Mind grove are working on cheap, high-performance chips targeting smart devices, but power management remains an issue in IoT SoC designs. Although there have been real breakthroughs around enabling flexible connectivity IP, great power management is still one of the main challenges across everything and definitely within devices with connectivity constraints.
By Product
In 2023, processors segment dominated the IoT chips market, with 33% market share. fueled by increasing demand for advanced sensors in the healthcare, automotive and smart home sectors. And this trend underscores both sensors and processors being critical enablers of the performance and innovation of IoT devices.
The fastest-growing segment of the IoT chips market over the Forecast period (2024-2032) is sensors, driven by rising demand for sophisticated sensors in smart homes, healthcare, autonomous vehicles, and industrial IoT. Real-time monitoring, automation and decision making has become pervasive business models leading to market growth for these sensors.
By Connectivity
In 2023, the Wi-Fi segment led the IoT chips market with a 35% market share as Wi-Fi's popularity in IoT devices offers stable, high-speed connectivity. It does it for the applications in smart homes, healthcare, industrial automation and automotive. Wi-Fi 6 and 7 innovations also help performance-wise these newer standards allow for higher speeds, lower latency, and better security.
Cellular Networks segment is anticipated to grow fastest from 2024 to 2032, which is primarily a result of long-range, reliable connectivity demand. Cellular 5G technologies can enable high-speed, low-latency, and high-capacity applications in healthcare, automotive and smart cities IoT applications.
By End-user
In 2023, the largest segment of the IoT chips market was Consumer Electronics with an estimated 25% market share. The growth is to the increasing incorporation of IoT chips in devices like smartphones, smart wearables, and home appliances, reflecting consumers' desire for connected, efficient solutions. Low power consumption and better connectivity are among chip technologies that will continue to strengthen this segment.
The healthcare segment is the most developed in the market during the forecast span of 2024 to 2032, which is primarily attributed to the increasing utilization of IoT-enabled medical devices and wearables to provide real-time monitoring, diagnostics, and personalized care, thereby improving healthcare efficiency and accessibility.
North America dominated the IoT chips with a 39% share of the total revenue in 2023. This is attributed to the advanced technology infrastructure in the region, high R&D investments, and demand for connected devices across various sectors, including healthcare, automotive, and consumer electronics. Countries such as the United States and Canada are major contributors, as the U.S. is a global leader in smart city initiatives, industrial automation, and healthcare innovators. The region's rapid adoption of 5G, AI and IoT technologies is likely to continue to propel market growth in the region and also hold a considerable share of the global IoT chips market.
The Asia-Pacific region is expected to grow the most quickly in the IoT chips market over the forecast period (2024-2032). The growth of IoT platform market is driven by the rapid advancement in technology, increasing adoption of IoT devices across different domains and supportive government programs in countries like China, India and Japan for digital transformation initiatives. The increasing adoption of IoT devices in smart homes, industrial automation, healthcare, and connected transportation in the region is also contributing to the market. Moreover, the deployment of 5G networks coupled with developments in semiconductor technologies drives the adoption of IoT chip applications across different establishments in the region.
Need any customization research on IoT Chips Market - Enquiry Now
Some of the major players in IoT Chips Market along with their product:
Qualcomm Technologies (U.S.) (Snapdragon IoT Chips)
Samsung Electronics Co., Ltd. (South Korea) (Exynos IoT Chips)
Intel Corporation (U.S.) (Atom IoT Chips)
MediaTek Inc. (Taiwan) (Dimensity IoT Chips)
Texas Instruments (U.S.) (SimpleLink IoT Chips)
STMicroelectronics (Switzerland) (STM32 IoT Chips)
NXP Semiconductors (Netherlands) (i.MX IoT Chips)
Broadcom (U.S.) (Broadcom IoT Chips)
Huawei (China) (Kirin IoT Chips)
Microchip Technology Inc. (U.S.) (PIC32 and SAM IoT Chips)
Marvell Technology Group Ltd. (Bermuda) (Arm-based IoT Chips)
Cypress Semiconductor Corporation (U.S.) (PSoC IoT Chips)
Renesas Electronics Corporation (Japan) (RX and RL78 IoT Chips)
NVIDIA Corporation (U.S.) (Jetson IoT Chips)
Advanced Micro Devices (U.S.) (AMD Ryzen IoT Chips)
TE Connectivity Ltd (Switzerland) (IoT Sensors and Connectivity Solutions)
Nordic Semiconductor (Norway) (nRF IoT Chips)
GainSpan (U.S.) (Wi-Fi IoT Solutions)
Expressif Systems (China) (ESP IoT Chips)
Dialog Semiconductor (U.K.) (SmartBond IoT Chips)
Silicon Labs (U.S.) (Wireless Gecko IoT Chips)
List of suppliers in the IoT chips market who provide raw materials:
BASF
Dow Inc.
LG Chem
Sumitomo Chemical
Wacker Chemie AG
Mitsubishi Chemical
DuPont
Eastman Chemical Company
SABIC
Henkel AG & Co. KGaA
Toray Industries
3M
Ferro Corporation
Kraton Polymers
Asahi Kasei Corporation
January 30, 2025, Samsung shares tumble over memory chips market weakness concerns Samsung posted a steep decline in operating profit as costs surge in its chip division, but earnings beat expectations.
October 1, 2024 Qualcomm Acquires Sequans’ 4G IoT Technology for USD 200 Million Qualcomm announced today that it has completed its acquisition of Sequans Communications' 4G IoT technology for USD 200 million, strengthening its semiconductor portfolio. The Monarch chips will deliver higher performance, lower power consumption, and smaller size
August 14, 2024 Intel aims squarely at China’s EV market with new AI chip Intel introduced a new GPU meant for use in vehicle AI applications as it seeks a play for China’s rapidly growing electric vehicle sector, even as Washington pushes to limit high-tech sales to China.
| Report Attributes | Details |
| Market Size in 2023 | USD 502.11 Billion |
| Market Size by 2032 | USD 1159.41 Billion |
| CAGR | CAGR of 9.75% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Processors, Connectivity Integrated Circuits (ICs), Sensors, Memory Devices, Logic Devices) • By Connectivity (Wi-Fi, Bluetooth, RFID, Cellular Networks, Others (ZigBee, LPWAN technologies)) • By End-user (Healthcare, Consumer Electronics, Automotive, BFSI, Retail, Building Automation, Others (Manufacturing)) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Qualcomm Technologies (U.S.), Samsung Electronics Co., Ltd. (South Korea), Intel Corporation (U.S.), MediaTek Inc. (Taiwan), Texas Instruments (U.S.), STMicroelectronics (Switzerland), NXP Semiconductors (Netherlands), Broadcom (U.S.), Huawei (China), Microchip Technology Inc. (U.S.), Marvell Technology Group Ltd. (Bermuda), Cypress Semiconductor Corporation (U.S.), Renesas Electronics Corporation (Japan), NVIDIA Corporation (U.S.), Advanced Micro Devices (U.S.), TE Connectivity Ltd (Switzerland), Nordic Semiconductor (Norway), GainSpan (U.S.), Expressif Systems (China), Dialog Semiconductor (U.K.), Silicon Labs (U.S.). |
The key market driver in the IoT chips market will be the growing demand for smart devices and automation across industries, fueling the need for efficient, low-power, and high-performance IoT chips.
Ans: The Processors segment is leading in the market revenue share in 2023.
Ans: The expected CAGR of the global IoT Chips Market during the forecast period is 9.75 %.
Ans: The North America region with the Highest Revenue share in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates by Region (2023-2032)
5.2 Power Consumption Data
5.3 Chip Reliability and Failure Rates
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. IoT Chips Market Segmentation, by Product
7.1 Chapter Overview
7.2 Processors
7.2.1 Processors Market Trends Analysis (2020-2032)
7.2.2 Processors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Connectivity Integrated Circuits (ICs)
7.3.1 Connectivity Integrated Circuits (ICs) Market Trends Analysis (2020-2032)
7.3.2 Connectivity Integrated Circuits (ICs) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Sensors
7.4.1 Sensors Market Trends Analysis (2020-2032)
7.4.2 Sensors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Memory Devices
7.5.1 Memory Devices Market Trends Analysis (2020-2032)
7.5.2 Memory Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Logic Devices
7.5.1 Logic Devices Market Trends Analysis (2020-2032)
7.5.2 Logic Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
8. IoT Chips Market Segmentation, by Connectivity
8.1 Chapter Overview
8.2 Wi-Fi
8.2.1 Wi-Fi Market Trends Analysis (2020-2032)
8.2.2 Wi-Fi Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Bluetooth
8.3.1 Bluetooth Market Trends Analysis (2020-2032)
8.3.2 Bluetooth Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 RFID
8.4.1 RFID Market Trends Analysis (2020-2032)
8.4.2 RFID Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Cellular Networks
8.5.1 Cellular Networks Market Trends Analysis (2020-2032)
8.5.2 Cellular Networks Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others (ZigBee, LPWAN technologies)
8.6.1 Others (ZigBee, LPWAN technologies) Market Trends Analysis (2020-2032)
8.6.2 Others (ZigBee, LPWAN technologies) Market Size Estimates and Forecasts to 2032 (USD Billion)
9. IoT Chips Market Segmentation, by End-user
9.1 Chapter Overview
9.2 Healthcare
9.2.1 Healthcare Market Trends Analysis (2020-2032)
9.2.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Consumer Electronics
9.3.1 Consumer Electronics Market Trends Analysis (2020-2032)
9.3.2 Consumer Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Automotive
9.4.1 Automotive Market Trends Analysis (2020-2032)
9.4.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 BFSI
9.5.1 BFSI Market Trends Analysis (2020-2032)
9.5.2 BFSI Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Retail
9.6.1 Retail Market Trends Analysis (2020-2032)
9.6.2 Retail Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Building Automation
9.7.1 Building Automation Market Trends Analysis (2020-2032)
9.7.2 Building Automation Market Size Estimates and Forecasts to 2032 (USD Billion)
9.8 Others (Manufacturing)
9.8.1 Others (Manufacturing) Market Trends Analysis (2020-2032)
9.8.2 Others (Manufacturing) Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.4 North America IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.2.5 North America IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.6.2 USA IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.2.6.3 USA IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.7.2 Canada IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.2.7.3 Canada IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.8.2 Mexico IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.2.8.3 Mexico IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.6.2 Poland IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.6.3 Poland IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.7.2 Romania IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.7.3 Romania IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.8.2 Hungary IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.8.3 Hungary IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.9.2 Turkey IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.9.3 Turkey IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.4 Western Europe IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.5 Western Europe IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.6.2 Germany IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.6.3 Germany IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.7.2 France IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.7.3 France IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.8.2 UK IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.8.3 UK IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.9.2 Italy IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.9.3 Italy IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.10.2 Spain IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.10.3 Spain IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.13.2 Austria IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.13.3 Austria IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.4 Asia Pacific IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.5 Asia Pacific IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.6.2 China IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.6.3 China IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.7.2 India IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.7.3 India IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.8.2 Japan IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.8.3 Japan IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.9.2 South Korea IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.9.3 South Korea IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.10.2 Vietnam IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.10.3 Vietnam IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.11.2 Singapore IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.11.3 Singapore IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.12.2 Australia IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.12.3 Australia IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.4 Middle East IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.5 Middle East IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.6.2 UAE IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.6.3 UAE IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.7.2 Egypt IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.7.3 Egypt IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.9.2 Qatar IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.9.3 Qatar IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.4 Africa IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.2.5 Africa IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.6.2 South Africa IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.2.6.3 South Africa IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America IoT Chips Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.4 Latin America IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.6.5 Latin America IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.6.2 Brazil IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.6.6.3 Brazil IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.7.2 Argentina IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.6.7.3 Argentina IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.8.2 Colombia IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.6.8.3 Colombia IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America IoT Chips Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America IoT Chips Market Estimates and Forecasts, by Connectivity (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America IoT Chips Market Estimates and Forecasts, by End-user (2020-2032) (USD Billion)
11. Company Profiles
11.1 Qualcomm Technologies
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Samsung Electronics Co., Ltd.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Intel Corporation
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 MediaTek Inc.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Texas Instruments
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 STMicroelectronics
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 NXP Semiconductors
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Broadcom
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Huawei
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Microchip Technology Inc.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Product
Processors
Connectivity Integrated Circuits (ICs)
Sensors
Memory Devices
Logic Devices
By Connectivity
Wi-Fi
Bluetooth
RFID
Cellular Networks
Others (ZigBee, LPWAN technologies)
By End-user
Healthcare
Consumer Electronics
Automotive
BFSI
Retail
Building Automation
Others (Manufacturing)
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia-Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Behavioral Biometrics Market Size was valued at USD 1.66 Billion in 2023 and is expected to grow at 26.77% CAGR to reach USD 14.00 Billion by 2032.
The OLED Market Size was valued at USD 46.25 Billion in 2023 and is expected to grow at a CAGR of 19.64% to reach USD 232.22 Billion by 2032.
The Volatile Organic Compound Gas Sensor Market Size was valued at USD 163.81 million in 2023, and is expected to reach USD 278.19 million by 2032, and grow at a CAGR of 6.07% over the forecast period 2024-2032.
The High-frequency Trading Server Market Size was valued at $600 Million in 2023 and is expected to reach $1054.07 Million at a CAGR of 6.47% During 2024-2032
The Inspection Analysis Device Market size was valued at USD 15.44 Billion in 2023 and is expected to grow at 6.31% CAGR to reach USD 26.78 Billion by 2032.
The Automotive LED Lighting Market was valued at USD 8.4 Billion in 2023 and is expected to reach USD 18.6 Billion by 2032, growing at a CAGR of 9.24% from 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2025 All Rights Reserved by SNS Insider Pvt Ltd
