IoT Chip Market Study on Investment Possibilities, Industry Share, and Trends through 2030
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The most current market research report from Emergen Research, which focuses on the global IoT Chip Market, provides in-depth analysis of each of the market's major segments. The research on the global IoT Chip Market includes information on market size, revenue growth rate, industry data, revenue splits by regional markets, gross margins, production costs, and product portfolios. The report also highlights a number of other micro- and macroeconomic factors, including the most important drivers, opportunities, trends, difficulties, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of other factors.
![0_1695035841397_3d210307-e860-4c1a-8f8a-5f31244dadd3-image.png](Uploading 100%) 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.
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.
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Global IoT Chip Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
The latest study provides an insightful analysis of the broad competitive landscape of the global IoT Chip market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global IoT Chip market and pinpoint the fundamental growth trends.
Key Companies Profiled in the Report are:
Samsung, Intel Corporation, Huawei Technologies Co. Ltd., STMicroelectronics, Microchip Technology Inc., Qualcomm Technologies Inc., NXP Semiconductors, Cypress Semiconductor Corporation, NVIDIA Corporation, and MediaTek Inc
Key Parameters Analyzed in This Section:
Product sales trends
Sales & distribution channels
Middle East & Africa
Key Points Covered in This Section:
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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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.
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)
Field-Programmable Gate Array
Dynamic Random-Access Memory
Static Random-Access Memory
Heart Rate Sensor
Blood Glucose Sensor
Blood Oxygen Sensor
Ambient Light Sensor
Motion & Position Sensor
Inertial Measurement Unit
Digital Signal Processor
Wireless Fidelity (Wi-Fi)
Bluetooth Low Energy
Wireless Highway Addressable Remote Transducer
Near-Field Communication (NFC)
Global Navigation Satellite System Module
End-use Outlook (Revenue, USD Million; 2019–2030)
Aerospace & Defense
Banking, Financial Services and Insurance (BFSI)
Oil & Gas
Regional Outlook (Revenue, USD Million; 2019–2030)
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
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Additional information offered by the report:
Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Cobots market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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