IoT Chip Market with COVID-19 Impact Analysis by Hardware (Processor, Connectivity IC, Sensor, Memory Device and Logic Device), Power Consumption, End-use Application (Wearable Devices, Consumer Electronics, Building Automation and Retail) and Region - Global Forecast to 2025
IoT Chip Market
IoT Chip Market and Top Companies
- Intel Corporation (US) − Intel is a uniquely positioned company that powers the cloud and numerous smart and connected computing devices. Intel delivers computer, networking, and communication platforms to a broad set of customers, including OEMs, ODMs, cloud and communication service providers, and industrial, communications, and automotive equipment manufacturers.
- Texas Instruments (US) − Texas Instruments designs, manufactures, and sells analog and embedded processing chips. It has design, manufacturing, and sales operations in about 30 countries. Texas Instruments is one of the innovative companies that has a wide array of product offerings for the IoT market. The company offers cloud-ready system solutions, which are designed to access IoT through the industry’s group of wireless connectivity technologies, such as Wi-Fi, Bluetooth, Bluetooth low energy (BLE), and ZigBee.
- Qualcomm Incorporated (US) − Qualcomm is one of the key players in the global semiconductor industry involved in designing and marketing wireless telecommunications products and services that are widely adopted in mobile devices and other wireless products, including network equipment and broadband gateway equipment. Qualcomm develops and supplies integrated circuits (ICs and system software based on CDMA, OFDMA, and other technologies for use in mobile devices, wireless networks, devices used in IoT, broadband gateway equipment, consumer electronic devices, and automotive telematics and infotainment systems.
- STMicroelectronics N.V. (Switzerland) − the company designs, develops, manufactures, and markets a broad range of products, including discrete and general-purpose components, application-specific integrated circuits (ASICs), full-custom devices and semi-custom devices, and application-specific standard products (ASSPs) for analog, digital, and mixed-signal applications. The company addresses the following 4 end markets: automotive, industrial, personal electronics, and communications equipment.
- MediaTek, Inc. (Taiwan) – MediaTek is a semiconductor company that provides system-on-chips (SoC) solutions for areas such as digital home solutions, mobile communication solutions, and optical storage solutions. The company has a single major operating segment—Multimedia and Handset Chipsets. It specializes in R&D, production, manufacturing, and marketing of multimedia ICs, high-end customer-oriented ICs, computer peripheral-oriented ICs, and other ICs.
- NXP Semiconductors N.V. (Netherlands) – NXP provides high-performance mixed-signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer, and computing applications. The company has not only a widespread presence with operations in about 25 countries but also a comprehensive customer base and serves about 25,000 customers through its direct sales channel and its network of distribution channel partners.
- Microchip Technology Incorporated (US) – Microchip is a leading provider of MCUs, analog, FPGAs, and connectivity and power management semiconductors. The company serves customers across various sectors, such as automotive, industrial, aerospace & defense, consumer, communications, and computing. Microchip’s product mix includes MCUs and MPUs, power management, clock and timing, amplifiers and linear ICs, data converters, LED drivers and backlighting, memory, programmable logic, touch and gesture, and wireless connectivity for various applications, such as aerospace & defense, intelligent power, IoT, battery management, computing, security, and wireless connectivity.
IoT Chip Market and Top End-user Industries
- Consumer Electronics − With the emergence of a number of smart appliances that can connect to the Internet and smartphones, the growth of the IoT technology market in the consumer electronics segment is expected to get a boost. Smart appliances, also known as intelligent appliances, can measure and control their energy usage and communicate it with homeowners and utilities departments. These appliances can be connected to smart energy meters or home energy management systems and can help reduce electricity usage in off-peak hours.
- Healthcare − Medical devices that can measure daily routines and collect vital data, sensors in emergency rooms, and data analytics tools to integrate all these are expected to gain importance with the evolution of healthcare systems. Although there is a huge opportunity for IoT in the healthcare industry, currently, this market is in the initial stage. The initial target market for wireless portable medical devices is likely to be restricted to a variety of diagnostic and monitoring applications. The information gathered from these devices could play a significant role in optimizing the administration of existing therapies.
- Building Automation − The demand for energy-efficient solutions, enhanced security, increased venture capital funding, and the constant need for improving the standards of the individuals has led to the development of the building automation market. Building automation, which started with wired technology, has now entered the era of wireless technology with technologies such as ZigBee, Z-wave, EnOcean, Wi-Fi, and Bluetooth Smart revolutionizing the market. Growing awareness of energy conservation, stringent legislation and building directives, promotion of numerous smart grid technologies, and the availability of a number of open protocols are further driving the growth of the building automation market.
- Wearable Devices − Wearable computing or wearable technology refers to electronic devices or equipment which can be worn on the user’s body. Some of these wearable devices include watches, glasses, cameras, clothing, and activity monitors. Wearable devices offer a wide range of functionalities, from simple features such as monitoring heart rate and calories burned to advanced smart features, e.g., smartphones. The most advanced wearable devices enable the wearer to take and view pictures, record videos, read text messages and emails, respond to voice commands, and browse the web, among other functions.
- Automotive − IoT is accelerating the speed of modernization in the automotive & transportation industry. It helps the automotive & transportation industry solve challenges related to automotive safety, transportation efficiency, and vehicle infrastructure. It is driving the automotive industry through innovations such as autonomous cars, intelligent transportation infrastructure, and smart fleet management. Major companies are collaborating with automakers to utilize IoT and speed up innovation toward self-driven vehicles.
IoT Chip Market and Top Use Cases
- Manufacturing − Cisco Systems Inc. (US) and AetoScout (US) helped Stanley Black & Decker to overcome challenges in increasing visibility and production gains for its American plant. Cisco Systems Inc. manufactures and sells networking, hardware, software, and other technology services and products. AetoScout provides unified asset visibility solutions. Stanley Black & Decker was facing challenges associated with gaining transparency into its real-time production to schedule. Actual labor costs were exceeding standard costs and visibility into real-time overall equipment effectiveness and line productivity was less. Cisco implemented a robust wireless network and AeroScout’s industrial solutions to the plant. The Real-time Location system (RTLS) includes small and easy deployed Wi-Fi RFID tags that attach to virtually any material and provide real-time location and status to assembly workers, shift supervisors, and plant managers. With increased visibility across operations, managers could better understand how to remove obstacles, helping the plant achieving greater efficiency.
- Building Automation − Chunghwa Telecom (China), which provides wireless communication and internet services, aimed to create a new market with smart lock to utilize limited parking space in Taipei more efficiently. The company worked in partnership with USPACE, a shared parking space provider to supply smart locks. Lock users can rent out their parking spaces and allow immediate access to space via the app. Drivers wishing to park can see the location and availability of all parking spaces using the system, and when space is selected and paid for, the lock is lowered via its NB-IoT connection.
[234 Pages Report] The global IoT chip market size is estimated to grow from USD 392.0 billion in 2020 to USD 525.4 billion by 2025, at a CAGR of 6.0%. The key drivers for the growth of the IoT chip market are the development of internet connectivity in technologically advancing countries and the growth of low-cost smart wireless sensor networks. The growth of application-specific MCUs and flexible SoC-type designs, adoption of IPv6, which provides more IP address space, and technologies such as AI fueling IoT adoption are also expected to drive the IoT chip market. Concerns regarding the security and privacy of user data act as restraints for the market.
Logic devices, by hardware, is projected to be the fastest-growing segment in the IoT chip market during the forecast period
To implement IoT, the most common type of logic device used is a field-programmable gate array (FPGA). FPGA is an IC that is designed to be configured by a customer or designer even after manufacturing—therefore, the name “field-programmable.” FPGAs are programmed using hardware description languages, such as VHSIC Hardware Description Language (VHDL) or Verilog. FPGA offers advantages such as rapid prototyping, shorter time-to-market, ability to reprogram in the field for debugging, and long product life cycles. The significant increase in the shipment of logic devices can be attributed to the rising demand for wearables, e.g., smartwatches, especially in developing economies, such as China, India, and Brazil, as well as the increasing participation of domestic players in the wearables market.
Building automation, by end-use application, to hold the second-largest share in the IoT chip market during the forecast period
The demand for energy-efficient solutions, enhanced security, increased venture capital funding, and the constant need for improving the standards of living has led to the development of the building automation market. Building automation, which started with wired technology, has now entered the era of wireless technology with technologies such as ZigBee, Z-wave, EnOcean, Wi-Fi, and Bluetooth Smart revolutionizing the market. Moreover, the growing awareness of energy conservation, stringent legislation and building directives, promotion of numerous smart grid technologies, and the availability of a number of open protocols are driving the growth of the building automation market.
Aerospace & defense, by end-use application, is projected to be the fastest-growing segment in the IoT chip market during the forecast period
IoT provides connectivity and integration and equips the manufacturer with wide-ranging views of their operations in the aerospace & defense segment in the industrial application. The aerospace & defense end-use application uses sensors to capture comprehensive machine data. These sensors can be used on key equipment, machines, and vehicles. IoT offers numerous opportunities to airlines for the improvement of baggage handling and equipment monitoring.
Various airlines, such as Delta Air Lines (US) and British Airways (UK), have started adopting smart baggage tags to speed up the baggage and passenger check-ins and solve the problem of lost baggage. The switch of airlines from traditional barcodes to smart tags is changing the way people travel.
North America, by region, is expected to hold the largest share in the global IoT chip market during the forecast period
North America is a key market as it is home to some of the largest multinational corporations, such as Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), in the IoT ecosystem. Increased R&D in the field of IoT, in terms of new and improved technologies, and the increasing demand for improved lifestyles are the two crucial factors driving the growth of the North American IoT chip market. Increasing R&D, at both the academic and industry levels, is broadening the application areas of IoT in different industries, such as consumer electronics, retail, automotive and transportation, and healthcare, especially in the US. This is the main factor driving the growth of IoT applications in North America.
Key Market Players
Intel Corporation (US), Texas Instruments Incorporated (US), Qualcomm Incorporated (US), NXP Semiconductors N.V. (Netherlands), MediaTek Inc. (Taiwan), Marvell Technology Group Ltd. (Bermuda), Microchip Technology Inc. (US), Cypress Semiconductor Corporation (US), Renesas Electronics Corporation (Japan), Huawei Technologies Co., Ltd. (China), NVIDIA Corporation (US), Samsung Electronics (South Korea), and Advanced Micro Devices (US) are a few major players in the global IoT chip market.
Intel Corporation (Intel) (US) ranked first in the global IoT chip market. Intel is a uniquely positioned company that powers the cloud and numerous smart and connected computing devices. Intel delivers computer, networking, and communication platforms to a broad set of customers, including OEMs, ODMs, cloud and communication service providers, and industrial, communications, and automotive equipment manufacturers. The company works through 6 operating segments—Client Computing Group (CCG), Data Center Group (DCG), Non-Volatile Memory Solutions Group (NVMS), Internet of Things Group (IoTG), Programmable Solutions, and Others. In the IoTG business segment, the company develops high-performance computing (HPC) solutions for targeted verticals and embedded markets. It specifically targets sectors such as retail, industrial, and smart cities/infrastructure.
Scope of the Report:
|
Report Metric |
Details |
|
Market size available for years |
2015–2025 |
|
Base year |
2019 |
|
Forecast period |
2020–2025 |
|
Units |
USD Million/Billion and Million/Billion Units |
|
Segments covered |
Hardware, End-use Application, Power Consumption, and Region |
|
Geographic regions covered |
North America, Europe, APAC, and RoW |
|
Companies covered |
Intel Corporation (US), Texas Instruments Incorporated (US), Qualcomm Incorporated (US), NXP Semiconductors N.V. (Netherlands), MediaTek Inc. (Taiwan), Marvell Technology Group Ltd. (Bermuda), Microchip Technology Inc. (US), Cypress Semiconductor Corporation (US), Renesas Electronics Corporation (Japan), Huawei Technologies Co., Ltd. (China), NVIDIA Corporation (US), Samsung Electronics (South Korea), Advanced Micro Devices (US), STMicroelectronics N.V. (Switzerland), TE Connectivity Ltd (Switzerland), Nordic Semiconductor (Norway), GainSpan (US), Expressif Systems (China), Dialog Semiconductor (UK), and Silicon Labs (US) |
This report categorizes the IoT chip market based on hardware, end-use application, power consumption, and region.
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
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- APAC
- China
- Japan
- India
- Rest of APAC
- RoW
- Middle East & Africa
- South America
Recent Developments
- In March 2020, Marvell Technology Group launched the third generation ARM server processor ThunderX3 with 96 cores and 384 threads. Among the company’s server CPU products is the ThunderX line, whereas the first generation ThunderX2 was the first ARM server silicon that was deemed viable and competitive against Intel and AMD products.
- In March 2020, Microchip expanded its silicon carbide (SiC) family of power electronics to provide system-level improvements in efficiency, size, and reliability. Microchip’s SiC family includes the commercially qualified Schottky Barrier Diode (SBD)-based power modules in 700, 1200, and 1700 V variants. The new power module family includes various topologies, including Dual Diode, Full Bridge, Phase Leg, Dual Common Cathode, and 3-Phase bridge, in addition to offering different current and package options.
- In November 2019, STMicroelectronics N.V. launched the ST8500 PLC wireless_IMAGEST8500 smart-meter chipset which integrates both radio frequency (RF) and powerline communication (PLC). Already widely used in smart electricity meters, STMicroelectronics’ ST8500 PLC chipset now enables smart meters to communicate through existing power cables or RF waves, combining the strengths of both types of connection. In addition, the built-in RF capability allows equipment designers to leverage the ST8500’s high feature integration and ease of use in other smart devices, such as gas and water smart meters, environmental monitors, lighting controllers, and industrial sensors.
- In October 2019, NXP Semiconductors N.V. launched the i.MX RT1170 family of crossover MCUs that combine performance, reliability, and high levels of integration to propel IIoT, IoT, and automotive applications. The i.MX RT series addresses the growing performance needs of edge computing for IIoT, IoT, and automotive applications.
Key questions addressed by the report
- Which are the major applications of IoT chips? How huge is the opportunity for their growth in the developing economies in the next 5 years?
- Which are the major companies in the IoT chip market? What are their major strategies to strengthen their market presence?
- Which are the leading countries in the IoT chip market? What would be the share of North America and APAC in this market in the next 5 years?
- Where will all these developments in the IoT chip market take the industry in the mid to long term?
- What are the drivers, restraints, opportunities, and challenges for the IoT chip market?
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 21)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 26)
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 34)
4 PREMIUM INSIGHTS (Page No. - 37)
4.1 IOT CHIP MARKET, 2020–2025 (USD BILLION)
4.2 IOT CHIP MARKET, BY POWER CONSUMPTION
4.3 IOT CHIP MARKET IN NORTH AMERICA, BY END USER AND COUNTRY
4.4 IOT CHIP MARKET BY REGION
5 MARKET OVERVIEW (Page No. - 40)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing application-specific MCUs and flexible SoC-type designs
5.2.1.2 Rising adoption of IPV6 internet protocol
5.2.1.3 Increasing inclination toward utilization of AI and 5G technologies
5.2.1.4 Surging internet usage
5.2.1.5 Growing low-cost smart wireless sensor networks
5.2.2 RESTRAINTS
5.2.2.1 Concerns regarding security and privacy of user data
5.2.3 OPPORTUNITIES
5.2.3.1 Government funding in innovation and R&D related to IoT
5.2.3.2 Smart cities
5.2.3.3 Cross-domain collaborations
5.2.4 CHALLENGES
5.2.4.1 Lack of common protocols and communication standards across platforms
5.2.4.2 High power consumption of connected devices
5.3 IMPACT OF COVID-19 ON IOT CHIP MARKET
5.4 VALUE CHAIN ANALYSIS
5.5 TECHNOLOGY ANALYSIS
5.6 CASE STUDY ANALYSIS
5.6.1 MANUFACTURING
5.6.1.1 Cisco and AeroScout transform operations for Stanley Black & Decker in its Latin American plant
5.6.1.2 Colfax implemented IoT platform ThingWorx to enhance product functionality in its business lines
5.6.2 BUILDING AUTOMATION
5.6.2.1 Chunghwa Telecom deployed NB-IoT powered smart lock to prevent unauthorized parking in Taipei
6 IOT CHIP MARKET, BY HARDWARE (Page No. - 53)
6.1 INTRODUCTION
6.2 PROCESSOR
6.2.1 PROCESSORS IN IOT DEVICES OR SYSTEMS TO SUPPORT REAL-TIME DATA MONITORING AND ANALYTICS
6.2.1.1 Microcontroller (MCU)
6.2.1.2 Microprocessor (MPU)
6.2.1.3 Digital signal processor (DSP)
6.2.1.4 Power management integrated circuit (PMIC)
6.3 SENSOR
6.3.1 GROWING DEMAND FOR SENSORS DUE TO INCREASED DEMAND FOR CONNECTED DEVICES
6.3.1.1 Accelerometer
6.3.1.2 Inertial measurement unit (IMU)
6.3.1.3 Heart rate sensor
6.3.1.4 Pressure sensor
6.3.1.5 Temperature sensor
6.3.1.6 Blood glucose sensor
6.3.1.7 Blood oxygen sensor
6.3.1.8 Electrocardiogram (ECG) sensor
6.3.1.9 Humidity sensor
6.3.1.10 Image sensor
6.3.1.11 Ambient light sensor
6.3.1.12 Flow sensor
6.3.1.13 Level sensor
6.3.1.14 Chemical sensor
6.3.1.15 Carbon monoxide sensor
6.3.1.16 Motion and position sensor
6.3.1.17 Camera module
6.4 CONNECTIVITY IC
6.4.1 WIRED
6.4.1.1 Growing popularity of Ethernet/IP-wired connectivity technology driving IoT chip market
6.4.1.1.1 Ethernet/IP
6.4.1.1.2 Modbus
6.4.1.1.3 PROFINET
6.4.1.1.4 Foundation Fieldbus (FF)
6.4.2 WIRELESS
6.4.2.1 Wi-Fi and Bluetooth are major wireless connectivity technologies for IoT connectivity
6.4.2.1.1 ANT+
6.4.2.1.2 Bluetooth
6.4.2.1.3 Bluetooth Smart/Bluetooth Low Energy (BLE)
6.4.2.1.4 ZigBee
6.4.2.1.5 Wireless fidelity (Wi-Fi)
6.4.2.1.6 Near-field communication (NFC)
6.4.2.1.7 Cellular network
6.4.2.1.8 Wireless highway addressable remote transducer (WHART)
6.4.2.1.9 Global positioning system (GPS)/global navigation satellite system (GNSS) module
6.4.2.1.10 ISA100
6.4.2.1.11 Bluetooth/WLAN
6.5 MEMORY DEVICE
6.5.1 ON-CHIP MEMORY
6.5.1.1 On-chip memory offers high-speed performance with reduced power consumption
6.5.2 OFF-CHIP MEMORY/EXTERNAL MEMORY
6.5.2.1 High usage in servers, PCs, and mobile devices
6.6 LOGIC DEVICE
6.6.1 LOGIC DEVICE OFFERS ADVANTAGES SUCH AS RAPID PROTOTYPING, SHORTER TIME-TO-MARKET, AND LONG OPERATIONAL LIFE
6.6.1.1 Field-programmable gate array (FPGA)
7 IOT CHIP MARKET, BY END USE (Page No. - 77)
7.1 INTRODUCTION
7.2 WEARABLE DEVICES
7.2.1 PRODUCTS IN WEARABLE DEVICES
7.2.1.1 Smartwatches dominating wearable devices market
7.2.1.1.1 Activity monitor
7.2.1.1.2 Smartwatch
7.2.1.1.3 Smart glass
7.2.1.1.4 Body-worn camera
7.2.1.1.5 Smart clothing
7.3 HEALTHCARE
7.3.1 PRODUCTS IN HEALTHCARE
7.3.1.1 Adoption of IoT technology through wireless portable medical devices
7.3.1.1.1 Fitness & heart rate monitor
7.3.1.1.2 Blood pressure monitor
7.3.1.1.3 Blood glucose meter
7.3.1.1.4 Continuous glucose monitor
7.3.1.1.5 Pulse oximeter
7.3.1.1.6 Automated external defibrillator
7.3.1.1.7 Programmable syringe pump
7.3.1.1.8 Wearable injector
7.3.1.1.9 Multiparameter monitor
7.4 CONSUMER ELECTRONICS
7.4.1 PRODUCTS IN CONSUMER ELECTRONICS
7.4.1.1 Consumer electronics driven by market for smart TVs and smart washing machines
7.4.1.1.1 Smart speaker
7.4.1.1.2 Smart TV
7.4.1.1.3 Smart washing machine
7.4.1.1.4 Smart dryer
7.4.1.1.5 Refrigerator
7.4.1.1.6 Smart oven
7.4.1.1.7 Smart cooktop
7.4.1.1.8 Smart cooker
7.4.1.1.9 Smart deep freezer
7.4.1.1.10 Smart dishwasher
7.4.1.1.11 Smart coffee maker
7.4.1.1.12 Smart kettle
7.4.1.1.13 Smart water heater
7.4.1.1.14 Smart vacuum cleaner
7.5 BUILDING AUTOMATION
7.5.1 PRODUCTS IN BUILDING AUTOMATION
7.5.1.1 Rising need for security and energy-efficient solutions to drive demand for smart home devices
7.5.1.1.1 Occupancy sensor
7.5.1.1.2 Daylight sensor
7.5.1.1.3 Smart thermostat
7.5.1.1.4 IP camera
7.5.1.1.5 Smart meter
7.5.1.1.6 Smart lock
7.5.1.1.7 Smoke detector
7.6 INDUSTRIAL
7.6.1 PRODUCTS IN INDUSTRIAL
7.6.1.1 Growing adoption of Industry 4.0 and smart factories to propel market growth
7.6.1.1.1 Temperature sensor
7.6.1.1.2 Pressure sensor
7.6.1.1.3 Level sensor
7.6.1.1.4 Flow sensor
7.6.1.1.5 Chemical sensor
7.6.1.1.6 Humidity sensor
7.6.1.1.7 Motion & position sensor
7.6.1.1.8 Image sensor
7.7 AUTOMOTIVE & TRANSPORTATION
7.7.1 PRODUCTS IN AUTOMOTIVE & TRANSPORTATION
7.7.1.1 IoT-enabled devices allow real-time tracking of vehicle location
7.7.1.1.1 Connected car
7.7.1.1.2 In-car infotainment
7.7.1.1.3 Traffic management
7.7.1.1.3.1 Vehicle detection sensor
7.7.1.1.3.2 Pedestrian presence sensor
7.7.1.1.3.3 Speed sensor
7.7.1.1.3.4 Thermal camera
7.7.1.1.3.5 Automated incident detection (AID) camera
7.7.1.1.4 E-tolls
7.8 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
7.8.1 PRODUCTS IN BFSI
7.8.1.1 Adoption of contactless payment services driving market growth
7.8.1.1.1 Mobile point of sale (mPOS)
7.8.1.1.2 Smart kiosk
7.9 AGRICULTURE
7.9.1 PRODUCTS IN AGRICULTURE
7.9.1.1 Increasing demand for food globally and adoption of smart farming practices driving market growth
7.9.1.1.1 Climate sensor
7.9.1.1.2 Soil moisture sensor
7.9.1.1.3 Level sensor
7.10 RETAIL
7.10.1 PRODUCTS IN RETAIL
7.10.1.1 Digital signage and intelligent vending machines driving market growth
7.10.1.1.1 Intelligent vending machine
7.10.1.1.2 Contactless checkout/PoS
7.10.1.1.3 Smart mirror
7.10.1.1.4 Smart shopping cart
7.10.1.1.5 Digital signage
7.10.1.1.6 Smart tag
7.10.1.1.7 Wireless beacon
7.11 OIL & GAS
7.11.1 PRODUCTS IN OIL & GAS
7.11.1.1 Wireless sensor network-based manufacturing propelling market growth
7.11.1.1.1 Temperature sensor
7.11.1.1.2 Pressure sensor
7.11.1.1.3 Level sensor
7.11.1.1.4 Flow sensor
7.11.1.1.5 Image sensor
7.11.1.1.6 Other sensors (humidity sensor, motion & position sensor, and chemical & gas sensor)
7.12 AEROSPACE & DEFENSE
7.12.1 PRODUCTS IN AEROSPACE & DEFENSE
7.12.1.1 Smart beacon market to grow at highest CAGR in aerospace & defense
7.12.1.1.1 Smart baggage tag
7.12.1.1.2 Smart beacon
7.12.1.1.3 ePassport gate
7.12.1.1.4 Drone/Unmanned aerial vehicle (UAV)
8 IOT CHIP MARKET, BY POWER CONSUMPTION (Page No. - 142)
8.1 INTRODUCTION
8.2 LESS THAN 1 W
8.2.1 WEARABLES CONSUME <1 W
8.3 1–3 W
8.3.1 ELECTRONIC DEVICES CONSUME 1–3 W
8.4 3–5 W
8.4.1 SMART SPEAKERS TO LEAD IOT CHIP MARKET FOR 3–5 W
8.5 5–10 W
8.5.1 SURVEILLANCE CAMERAS TO BE MAJOR MARKET FOR 5–10 W
8.6 MORE THAN 10 W
8.6.1 CONNECTED CAR AND INFOTAINMENT SYSTEMS TO DRIVE MARKET FOR DEVICES THAT CONSUME >10 W
9 GEOGRAPHIC ANALYSIS (Page No. - 146)
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 US
9.2.1.1 Large presence of leading IoT companies to boost market growth
9.2.2 CANADA
9.2.2.1 Adoption of IoT technology by small and medium enterprises to drive market growth
9.2.3 MEXICO
9.2.3.1 Growing adoption of IoT in telecommunication industry to propel market
9.3 EUROPE
9.3.1 UK
9.3.1.1 Industrial revolution driving market growth
9.3.2 GERMANY
9.3.2.1 Surging deployment of smart factory solutions due to adoption of Industry 4.0 to drive market
9.3.3 FRANCE
9.3.3.1 Increasing investments in R&D to modernize industrial sector fueling market growth
9.3.4 REST OF EUROPE
9.4 APAC
9.4.1 CHINA
9.4.1.1 Growing adoption of IoT technology to boost market growth
9.4.2 JAPAN
9.4.2.1 Contribution by robotics and other cutting-edge technologies to IoT driving market growth
9.4.3 INDIA
9.4.3.1 Government initiatives fueling market growth
9.4.4 SOUTH KOREA
9.4.4.1 Advancements in cellular technologies driving market growth
9.4.5 REST OF APAC
9.5 ROW
9.5.1 MIDDLE EAST & AFRICA
9.5.2 SOUTH AMERICA
10 COMPETITIVE LANDSCAPE (Page No. - 163)
10.1 OVERVIEW
10.2 MARKET EVALUATION FRAMEWORK
10.3 KEY MARKET DEVELOPMENTS
10.3.1 PRODUCT LAUNCHES AND DEVELOPMENTS
10.3.2 PARTNERSHIPS, ACQUISITIONS, COLLABORATIONS, AND AGREEMENTS
11 COMPANY EVALUATION MATRIX AND COMPANY PROFILES (Page No. - 169)
11.1 OVERVIEW
11.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
11.2.1 MARKET RANKING
11.2.2 STAR
11.2.3 PERVASIVE
11.2.4 EMERGING LEADER
11.3 COMPANY EVALUATION MATRIX, 2019
11.4 COMPANY PROFILES
11.4.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, and Recent Developments)*
11.4.1.1 Intel Corporation
11.4.1.2 Texas Instruments Incorporated
11.4.1.3 Qualcomm Incorporated
11.4.1.4 NXP Semiconductors N.V.
11.4.1.5 MediaTek Inc.
11.4.1.6 Marvell Technology Group Ltd.
11.4.1.7 Microchip Technology Inc.
11.4.1.8 Cypress Semiconductor Corporation
11.4.1.9 Renesas Electronics Corporation
11.4.1.10 Huawei Technologies Co., Ltd.
11.4.1.11 NVIDIA Corporation
11.4.1.12 Samsung Electronics
11.4.1.13 Advanced Micro Devices (AMD)
11.4.1.14 STMicroelectronics N.V.
11.4.1.15 TE Connectivity Ltd.
11.4.2 OTHER KEY PLAYERS
11.4.2.1 Nordic semiconductor
11.4.2.2 Gainspan
11.4.2.3 Expressif Systems
11.4.2.4 Dialog Semiconductor
11.4.2.5 Silicon Labs
*Details on Business Overview, Products/Solutions/Services Offered, and Recent Developments might not be captured in case of unlisted companies.
12 APPENDIX (Page No. - 229)
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
LIST OF TABLES (104 TABLES)
TABLE 1 KEY PLATFORMS SUPPORTING MULTIPLE COMMUNICATION STANDARDS
TABLE 2 IOT CHIP MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 3 IOT CHIP MARKET FOR PROCESSOR, BY TYPE, 2020–2025 (MILLION UNITS)
TABLE 4 IOT CHIP MARKET FOR PROCESSOR, BY END-USE APPLICATION, 2015–2025 (MILLION UNITS)
TABLE 5 IOT CHIP MARKET FOR SENSOR, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 6 IOT CHIP MARKET FOR SENSOR, BY END-USE APPLICATION, 2015–2025 (MILLION UNITS)
TABLE 7 IOT CHIP MARKET FOR CONNECTIVITY IC, BY CONNECTIVITY TECHNOLOGY, 2015–2025 (MILLION UNITS)
TABLE 8 IOT CHIP MARKET FOR CONNECTIVITY IC, BY WIRED CONNECTIVITY TECHNOLOGY, 2015–2025 (MILLION UNITS)
TABLE 9 IOT CHIP MARKET FOR CONNECTIVITY IC, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2015–2025 (MILLION UNITS)
TABLE 10 IOT CHIP MARKET FOR CONNECTIVITY IC, BY END USER, 2015–2025 (MILLION UNITS)
TABLE 11 IOT CHIP MARKET FOR MEMORY DEVICE, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 12 IOT CHIP MARKET FOR MEMORY DEVICE, BY END-USE APPLICATION, 2015–2025 (MILLION UNITS)
TABLE 13 IOT CHIP MARKET FOR LOGIC DEVICE, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 14 IOT CHIP MARKET FOR LOGIC DEVICE, BY END-USE APPLICATION, 2015–2025 (MILLION UNITS)
TABLE 15 IOT CHIP MARKET, BY END-USE APPLICATION, 2015–2025 (USD MILLION)
TABLE 16 GLOBAL IOT CHIP WEARABLE DEVICES MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 17 GLOBAL IOT CHIP WEARABLE DEVICES MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 18 GLOBAL IOT CHIP WEARABLE MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 19 NORTH AMERICA: IOT CHIP WEARABLE DEVICES MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 20 EUROPE: IOT CHIP WEARABLE DEVICES MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 21 APAC: IOT CHIP WEARABLE DEVICES MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 22 ROW: IOT CHIP WEARABLE DEVICES MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 23 GLOBAL IOT CHIP HEALTHCARE MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 24 GLOBAL IOT CHIP HEALTHCARE MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 25 GLOBAL IOT CHIP HEALTHCARE MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 26 NORTH AMERICA: IOT CHIP HEALTHCARE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 27 EUROPE: IOT CHIP HEALTHCARE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 28 APAC: IOT CHIP HEALTHCARE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 29 ROW: IOT CHIP HEALTHCARE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 30 GLOBAL IOT CHIP CONSUMER ELECTRONICS MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 31 GLOBAL IOT CHIP CONSUMER ELECTRONICS MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 32 GLOBAL IOT CHIP CONSUMER ELECTRONICS MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 33 NORTH AMERICA: IOT CHIP CONSUMER ELECTRONICS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 34 EUROPE: IOT CHIP CONSUMER ELECTRONICS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 35 APAC: IOT CHIP CONSUMER ELECTRONICS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 36 ROW: IOT CHIP CONSUMER ELECTRONICS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 37 GLOBAL IOT CHIP BUILDING AUTOMATION MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 38 GLOBAL IOT CHIP BUILDING AUTOMATION MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 39 GLOBAL IOT CHIP BUILDING AUTOMATION MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 40 NORTH AMERICA: IOT CHIP BUILDING AUTOMATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 41 EUROPE: IOT CHIP BUILDING AUTOMATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 42 APAC: IOT CHIP BUILDING AUTOMATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 43 ROW: IOT CHIP BUILDING AUTOMATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 44 GLOBAL IOT CHIP INDUSTRIAL MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 45 GLOBAL IOT CHIP INDUSTRIAL MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 46 GLOBAL IOT CHIP INDUSTRIAL MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 47 NORTH AMERICA: IOT CHIP INDUSTRIAL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 48 EUROPE: IOT CHIP INDUSTRIAL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 49 APAC: IOT CHIP INDUSTRIAL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 50 ROW: IOT CHIP INDUSTRIAL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 51 GLOBAL IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 52 GLOBAL IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 53 GLOBAL IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 54 NORTH AMERICA: IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 55 EUROPE: IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 56 APAC: IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 57 ROW: IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 58 GLOBAL IOT CHIP BFSI MARKET, BY HARDWARE, 2015–2025 (THOUSAND UNITS)
TABLE 59 GLOBAL IOT CHIP BFSI MARKET, BY TYPE, 2015–2025 (THOUSAND UNITS)
TABLE 60 GLOBAL IOT CHIP BFSI MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: IOT CHIP BFSI MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 62 EUROPE: IOT CHIP BFSI MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 63 APAC: IOT CHIP BFSI MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 64 ROW: IOT CHIP BFSI MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 65 GLOBAL IOT CHIP AGRICULTURE MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 66 GLOBAL IOT CHIP AGRICULTURE MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 67 GLOBAL IOT CHIP AGRICULTURE MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 68 NORTH AMERICA: IOT CHIP AGRICULTURE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 69 EUROPE: IOT CHIP AGRICULTURE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 70 APAC: IOT CHIP AGRICULTURE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 71 ROW: IOT CHIP AGRICULTURE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 72 GLOBAL IOT CHIP RETAIL MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 73 GLOBAL IOT CHIP RETAIL MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 74 GLOBAL IOT CHIP RETAIL MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 75 NORTH AMERICA: IOT CHIP RETAIL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 76 EUROPE: IOT CHIP RETAIL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 77 APAC: IOT CHIP RETAIL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 78 ROW: IOT CHIP RETAIL MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 79 GLOBAL IOT CHIP OIL & GAS MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 80 GLOBAL IOT CHIP OIL & GAS MARKET, BY TYPE, 2015–2025 (MILLION UNITS)
TABLE 81 GLOBAL IOT CHIP OIL & GAS MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 82 NORTH AMERICA: IOT CHIP OIL & GAS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 83 EUROPE: IOT CHIP OIL & GAS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 84 APAC: IOT CHIP OIL & GAS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 85 ROW: IOT CHIP OIL & GAS MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 86 GLOBAL IOT CHIP AEROSPACE & DEFENSE MARKET, BY HARDWARE, 2015–2025 (MILLION UNITS)
TABLE 87 GLOBAL IOT CHIP AEROSPACE & DEFENSE MARKET, BY TYPE, 2015–2025 (THOUSAND UNITS)
TABLE 88 GLOBAL IOT CHIP AEROSPACE & DEFENSE MARKET, BY TYPE, 2015–2025 (USD MILLION)
TABLE 89 NORTH AMERICA: IOT CHIP AEROSPACE & DEFENSE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 90 EUROPE: IOT CHIP AEROSPACE & DEFENSE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 91 APAC: IOT CHIP AEROSPACE & DEFENSE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 92 ROW: IOT CHIP AEROSPACE & DEFENSE MARKET, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 93 IOT CHIP MARKET, BY POWER CONSUMPTION, 2015–2025 (MILLION UNITS)
TABLE 94 IOT CHIP MARKET, BY REGION, 2015–2025 (USD BILLION)
TABLE 95 IOT CHIP MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 96 IOT CHIP MARKET IN NORTH AMERICA, BY END-USE APPLICATION, 2015–2025 (USD MILLION)
TABLE 97 IOT CHIP MARKET IN EUROPE, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 98 IOT CHIP MARKET IN EUROPE, BY END-USE APPLICATION, 2015–2025 (USD MILLION)
TABLE 99 IOT CHIP MARKET IN APAC, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 100 IOT CHIP MARKET IN APAC, BY END-USE APPLICATION, 2015–2025 (USD MILLION)
TABLE 101 IOT CHIP MARKET IN ROW, BY COUNTRY, 2015–2025 (USD MILLION)
TABLE 102 IOT CHIP MARKET IN ROW, BY END-USE APPLICATION, 2015–2025 (USD MILLION)
TABLE 103 10 MOST RECENT PRODUCT LAUNCHES IN IOT CHIP MARKET
TABLE 104 10 MOST RECENT PARTNERSHIPS, COLLABORATIONS, ACQUISITIONS, AND AGREEMENTS IN IOT CHIP MARKET
LIST OF FIGURES (73 FIGURES)
FIGURE 1 IOT CHIP MARKET: SEGMENTATION
FIGURE 2 IOT CHIP MARKET: RESEARCH DESIGN
FIGURE 3 BOTTOM-UP APPROACH TO ARRIVE AT MARKET SIZE
FIGURE 4 TOP-DOWN APPROACH TO ARRIVE AT MARKET SIZE
FIGURE 5 DATA TRIANGULATION
FIGURE 6 ASSUMPTIONS OF RESEARCH STUDY
FIGURE 7 PROCESSORS TO HOLD MAJOR SHARE OF IOT CHIP MARKET, 2020–2025
FIGURE 8 AEROSPACE & DEFENSE TO BE FASTEST-GROWING VERTICAL IN END-USE APPLICATIONS, 2020–2025
FIGURE 9 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF IOT CHIP MARKET, 2019
FIGURE 10 INCREASED GOVERNMENT FUNDING FOR R&D RELATED TO IOT AND INTEGRATION OF CONNECTIVITY CAPABILITIES IN DEVICES PROPEL MARKET GROWTH
FIGURE 11 DEVICES WITH POWER CONSUMPTION BETWEEN 5 AND 10 W TO GROW AT HIGHEST CAGR, 2020–2025
FIGURE 12 CONSUMER ELECTRONICS HELD LARGEST SHARE OF IOT CHIP MARKET, 2019
FIGURE 13 APAC TO GROW AT HIGHEST CAGR, 2020–2025
FIGURE 14 IOT CHIP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 15 IOT CHIP MARKET DRIVERS AND THEIR IMPACT
FIGURE 16 NUMBER OF INTERNET USERS AS OF MARCH 2020, BY REGION
FIGURE 17 INTERNET PENETRATION RATE AS OF MARCH 2020, BY REGION
FIGURE 18 IOT CHIP MARKET RESTRAINTS AND THEIR IMPACT
FIGURE 19 IOT CHIP MARKET OPPORTUNITIES AND THEIR IMPACT
FIGURE 20 SMART CITY ECOSYSTEM
FIGURE 21 KEY SMART CITY PROJECTS WORLDWIDE
FIGURE 22 CROSS-DOMAIN COLLABORATIONS USING IOT
FIGURE 23 IOT CHIP MARKET CHALLENGES AND THEIR IMPACT
FIGURE 24 VALUE CHAIN ANALYSIS OF IOT ECOSYSTEM: SEMICONDUCTOR PROVIDERS AND CONNECTIVITY PROVIDERS ADD MAXIMUM VALUE
FIGURE 25 IOT CHIP MARKET, BY HARDWARE
FIGURE 26 PROCESSOR SEGMENT HELD LARGEST MARKET SHARE IN TERMS OF SHIPMENT, 2019
FIGURE 27 PMIC SEGMENT HELD LARGEST MARKET SHARE FOR PROCESSOR TYPE, 2019
FIGURE 28 CONSUMER ELECTRONICS HELD LARGEST MARKET SHARE, IN TERMS OF, VOLUME, FOR PROCESSOR, 2019
FIGURE 29 IOT CHIP FLOW SENSOR MARKET TO GROW AT HIGHEST CAGR, 2020–2025
FIGURE 30 BUILDING AUTOMATION TO BE LARGEST CONSUMER OF SENSORS, 2020–2025
FIGURE 31 WIRELESS CONNECTIVITY TECHNOLOGY SEGMENT HELD LARGEST MARKET SHARE FOR CONNECTIVITY IC, IN TERMS OF VOLUME, 2019
FIGURE 32 FOUNDATION FIELDBUS SHIPMENT TO GROW AT HIGHEST CAGR, 2020–2025
FIGURE 33 KEY WI-FI-ENABLED IOT DEVICES
FIGURE 34 WIFI TO HOLD LARGEST SHARE, IN TERMS OF VOLUME, IN CONNECTIVITY IC MARKET, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2020–2025
FIGURE 35 ON-CHIP MEMORY DEVICES SEGMENT TO HAVE HIGHEST SHIPMENT, 2020–2025
FIGURE 36 IOT CHIP MARKET, BY END-USE APPLICATION
FIGURE 37 CONSUMER ELECTRONICS MARKET TO DOMINATE MARKET, 2020–2025
FIGURE 38 LOGIC DEVICE TO WITNESS HIGHEST GROWTH RATE IN IOT CHIP WEARABLE DEVICES MARKET, 2020–2025
FIGURE 39 CONTINUOUS GLUCOSE MONITOR TO WITNESS HIGHEST CAGR IN HEALTHCARE MARKET, 2020–2025
FIGURE 40 US TO LEAD NORTH AMERICAN IOT CHIP CONSUMER ELECTRONICS MARKET, 2020–2025
FIGURE 41 SENSOR TO LEAD IOT CHIP BUILDING AUTOMATION MARKET, 2020–2025
FIGURE 42 US TO LEAD NORTH AMERICAN IOT CHIP INDUSTRIAL MARKET, 2020–2025
FIGURE 43 SENSOR TO GROW AT HIGHEST CAGR IN IOT CHIP AUTOMOTIVE & TRANSPORTATION MARKET, 2020–2025
FIGURE 44 CHINA TO LEAD APAC’S IOT CHIP AGRICULTURE MARKET, 2020–2025
FIGURE 45 PROCESSOR TO GROW AT HIGHEST CAGR IN IOT CHIP RETAIL MARKET, 2020–2025
FIGURE 46 US TO DOMINATE NORTH AMERICAN IOT CHIP OIL & GAS MARKET, 2020–2025
FIGURE 47 DEVICES WITH 1–3 W TO ACCOUNT FOR LARGEST SHARE, 2020
FIGURE 48 IMPROVING IOT ECOSYSTEM IN CHINA AND INDIA TO BOOST IOT CHIP MARKET IN APAC
FIGURE 49 NORTH AMERICA MARKET SNAPSHOT: INCREASED SPENDING IN R&D FOR DEVELOPMENT OF IOT FRAMEWORK TO BOOST MARKET GROWTH
FIGURE 50 EUROPE MARKET SNAPSHOT: GOVERNMENT INITIATIVES FOR DEVELOPMENT IN IOT TO DRIVE MARKET GROWTH
FIGURE 51 APAC MARKET SNAPSHOT: GOVERNMENT FUNDING AND PROGRAMS TO DRIVE MARKET
FIGURE 52 ROW MARKET SNAPSHOT: INCREASING DEVELOPMENT OF IOT TO DRIVE MARKET GROWTH
FIGURE 53 KEY GROWTH STRATEGIES, 2017–2020
FIGURE 54 MARKET EVALUATION FRAMEWORK, 2016–2020
FIGURE 55 TOP 5 PLAYERS IN IOT CHIP MARKET
FIGURE 56 COMPANY EVALUATION MATRIX, 2019
FIGURE 57 INTEL CORPORATION: COMPANY SNAPSHOT
FIGURE 58 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
FIGURE 59 QUALCOMM INCORPORATED: COMPANY SNAPSHOT
FIGURE 60 NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT
FIGURE 61 MEDIATEK INC.: COMPANY SNAPSHOT
FIGURE 62 MARVELL TECHNOLOGY GROUP: COMPANY SNAPSHOT
FIGURE 63 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
FIGURE 64 CYPRESS SEMICONDUCTOR CORPORATION: COMPANY SNAPSHOT
FIGURE 65 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT
FIGURE 66 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
FIGURE 67 NVIDIA CORPORATION: COMPANY SNAPSHOT
FIGURE 68 SAMSUNG ELECTRONICS: COMPANY SNAPSHOT
FIGURE 69 ADVANCED MICRO DEVICES (AMD): COMPANY SNAPSHOT
FIGURE 70 STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
FIGURE 71 TE CONNECTIVITY LTD.: COMPANY SNAPSHOT
FIGURE 72 STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
FIGURE 73 TE CONNECTIVITY LTD.: COMPANY SNAPSHOT
The study involved 4 major activities in estimating the current size of the IoT chip market. Exhaustive secondary research was conducted to collect information about the market, the peer markets, and the parent market. Validating the findings, assumptions, and sizing with industry experts through primary research was the next step. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the size of the IoT chip market begins with capturing data on revenues of the key vendors in the market through secondary research. In the secondary research process, various secondary sources have been referred to identify and collect information relevant to this study. Secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been carried out to mainly obtain critical information about the industry’s supply chain, value chain, total pool of key players, and market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include experts such as CEOs, VPs, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the ecosystem of the IoT chip market. Primary sources from the demand side include chief information officers, technicians and technologists, and purchase managers of hardware components used in IoT, such as sensors and gateways.
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Market Size Estimation
Top-down and bottom-up approaches have been used to estimate and validate the size of the IoT chip market and various other dependent submarkets. Key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. This entire research methodology includes the study of annual and financial reports of top players, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that influence the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report. The figures in the next section show the overall market size estimation process employed for this study.
Data Triangulation
After arriving at the overall market size through the processes explained in the earlier sections, the total IoT chip market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Moreover, the market has been validated using both the top-down and bottom-up approaches.
Report Objectives
- To describe, segment, and forecast the IoT chip market, by hardware, by end-use application, by power consumption, and by region in terms of value
- To describe and forecast the market for various segments, by region—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding drivers, restraints, opportunities, and challenges that influence the growth of the IoT chip market
- To analyze micromarkets with respect to individual growth trends, prospects, and contribution to the overall IoT chip market
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the IoT chip market and provide details of the competitive landscape for the market leaders
- To profile key players in the IoT chip market and comprehensively analyze their market ranking in terms of revenues, shares, and core competencies
- To analyze growth strategies, such as product launches and developments, acquisitions, partnerships, collaborations, and agreements, adopted by the major players in the IoT chip market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the IoT chip market report.
- Product matrix, which gives a detailed comparison of product portfolio of each company
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Benchmarking the rapid strategy shifts of the Top 100 companies in the IoT Chip Market
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Growth opportunities and latent adjacency in IoT Chip Market