Global IoT Chip Market Forecast to 2030
The global Internet of Things (IoT) chip market size reached USD 13.05 billion in 2021 and is expected to register a revenue CAGR of 14.9% during the forecast period, according to the latest analysis by Emergen Research. Growing demand for wearables such as fitness trackers, gaming simulators, smart posture trainers, smart shoes, and Near-Field Communication (NFC) smart rings is driving global IoT chip market revenue growth.
The most recent market research report from Emergen Research, titled Global IoT Chip Market, provides an estimated market size and share as well as current industry trends, global market growth rates, significant drivers and opportunities, difficulties, product segmentation, and key market competitors. Pricing range, size of the market, degree of competition, product offerings and details, and business histories
An NFC ring embedded with network connectivity, sensors, and software enables individuals to share and exchange data. Features such as automatic running, program lock, business card sharing, and an intelligent door lock are present in NFC rings. Thus, NFC rings eliminate the need for carrying car keys, credit cards, and door keys. One can easily unlock their home’s door with the help of an NFC ring if the door has an NFC-enabled lock. In addition, NFC rings support metro ticketing, which is the next generation of metro fare collection systems, and ticketing is more user-friendly and hassle-free. It saves time for passengers when compared to traditional ticketing systems as it enables passengers to use mobile phones, bank cards, or NFC rings for contactless and cashless payments while traveling.
Fitness trackers are being widely adopted by individuals, which help them monitor their health and fitness. Those trackers are automatic wrist bands that help monitor heart rate, sleep level, calories, and activities throughout the day. These IoT wearable devices have significantly improved the lifestyle of individuals, leading to increased adoption. This trend is expected to continue during the forecast period.
Download Free Sample Report of Global IoT Chip Market @ https://www.emergenresearch.com/request-sample/489
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Samsung, Intel Corporation, Huawei Technologies Co. Ltd., STMicroelectronics, Microchip Technology Inc., Qualcomm Technologies Inc., NXP Semiconductors, Cypress Semiconductor Corporation, NVIDIA Corporation, and MediaTek Inc
Market Dynamics:
The report offers insightful information about the market dynamics of the IoT Chip market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the IoT Chip market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the IoT Chip market.
Radical Highlights of the IoT Chip Market Report:
- Comprehensive overview of the IoT Chip market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the IoT Chip market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Browse Full Report Description + Research Methodology + Table of Content + Infographics , visit @ https://www.emergenresearch.com/industry-report/iot-chip-market
Some Key Highlights From the Report
- Logic device segment accounted for largest revenue share in 2021. Revenue growth of this segment is attributed to increasing use of field-programmable gate arrays in wearable devices as it allows improved prototyping and reprogramming ability for debugging.
- Consumer electronics segment revenue is expected to grow at a rapid rate over the forecast period due to rising demand for IoT-enabled wearables, including smartwatches. In addition, increasing adoption of smart appliances for home automation such as voice assistance, safety security, air water quality monitoring, lighting control, and locks is expected to drive revenue growth of this segment during the forecast period. In addition, IoT chips significantly improve security of smartphones.
- Asia Pacific market accounted for largest revenue share in 2021. This can be attributed to rising adoption of IoT chips in smart city development and deployment in countries including China, Japan, Taiwan, and India. Besides, increasing application of IoT chip in process automation and manufacturing industry is expected to drive revenue growth during the forecast period.
IoT Chip Market Segmentation:
Market Overview:
The report bifurcates the IoT Chip market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Outlook (Revenue, USD Million; 2019–2030)
- Logic Device
- Field-Programmable Gate Array
- Memory Device
- Dynamic Random-Access Memory
- Static Random-Access Memory
- Sensor
- Heart Rate Sensor
- Temperature Sensor
- Pressure Sensor
- Blood Glucose Sensor
- Image Sensor
- Flow Sensor
- Blood Oxygen Sensor
- Humidity Sensor
- Ambient Light Sensor
- Gas Sensor
- Motion Position Sensor
- Electrocardiogram Sensor
- Inertial Measurement Unit
- Accelerometer
- Processor
- Application Processor
- Digital Signal Processor
- Microcontroller
- Connectivity IC
- Wireless Fidelity (Wi-Fi)
- Bluetooth
- Bluetooth Low Energy
- Zigbee
- Ethernet
- Ant+
- Thread
- Wireless Highway Addressable Remote Transducer
- Near-Field Communication (NFC)
- Global Navigation Satellite System Module
- End-use Outlook (Revenue, USD Million; 2019–2030)
- Aerospace Defense
- Consumer Electronics
- Banking, Financial Services and Insurance (BFSI)
- Agriculture
- Healthcare
- Retail
- Automotive
- Building Automation
- Oil Gas
- Others
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the IoT Chip Market report is an exhaustive database that will help readers formulate lucrative strategies. The IoT Chip Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global IoT Chip market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for IoT Chip with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Request Customization as per your specific requirement @ https://www.emergenresearch.com/request-for-customization/489
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
Latest Blogs Published by Emergen Research:
cloud backup recovery market
https://www.emergenresearch.com/industry-report/cloud-backup-recovery-market
hd maps for autonomous vehicles market
https://www.emergenresearch.com/industry-report/hd-maps-for-autonomous-vehicles-market
iot security market
https://www.emergenresearch.com/industry-report/iot-security-market
rtv silicone market
https://www.emergenresearch.com/industry-report/rtv-silicone-market
food antioxidants market
https://www.emergenresearch.com/industry-report/food-antioxidants-market
image recognition market
https://www.emergenresearch.com/industry-report/image-recognition-market
feldspar market
https://www.emergenresearch.com/industry-report/feldspar-market
fluid transfer system market
https://www.emergenresearch.com/industry-report/fluid-transfer-system-market
threat intelligence market
https://www.emergenresearch.com/industry-report/threat-intelligence-market
silicon wafer market
https://www.emergenresearch.com/industry-report/silicon-wafer-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Latest Report: Multiexperience Development Platforms (MXDP) Market, Connected Mining Market
Trending Title: Security Orchestration Market, Marketing Automation Market
