IoT chip market size to grow by USD 13,853.11 million from 2022 to 2027 – Technavio

NEW YORK, July 13, 2023 /PRNewswire/ — The global IoT chip market size is estimated to increase by USD 13,853.11 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 12.7% during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report –Request a sample report

IoT chip market – Vendor Analysis
Vendor Landscape – The global IoT chip market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer IoT chip in the market are Advanced Micro Devices Inc., Analog Devices Inc., Arduino Srl, Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corp., Marvell Technology Inc., MediaTek Inc., Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Park Ohio Holdings Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Silicon Laboratories Inc., SoftBank Group Corp., STMicroelectronics NV, Texas Instruments Inc., and Twilio Inc. and others.
The global iot chip market is at its growing stage. (Writers)

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Vendor Offerings –

Marvell Technology Inc. – The company offers an advanced suite of IoT application processors for home automation, industrial, and wearable applications. MediaTek Inc. – The company offers IoT chips such as MediaTek Genio 1200, MediaTek Genio 700, and MediaTek Genio 500. Microchip Technology Inc. – The company offers IoT chips such as AVR IoT WA development board for Wi-Fi connection to AWS IoT Core, AVR BLE development board for Bluetooth low energy connection, AVR IoT WG development board. For details on the vendor and their offerings – Request a sample report

IoT chip market – Segmentation Assessment

Segment Overview
This IoT chip market report extensively covers market segmentation by application (smart cities, industrial ethernet, smart wearables, connected vehicles, and connected homes), type (logic devices, sensors, processors, connectivity integrated circuits, and memory devices), and geography (APAC, North America, Europe, South America, and Middle East and Africa). 

The smart cities segment will be significant for market growth during the forecast period. Generally, smart cities are equipped with various information and communication technologies. These technologies include information systems, libraries, schools, power plants, transportation systems, water supply networks, and waste management systems. Furthermore, electricity is aiding the development of smart cities. The growing investments in smart cities will fuel the adoption of smart meters, smart grids, and smart parking solutions worldwide. Hence, such factors drive the growth of the segment during the forecast period. 

Geography Overview
By geography, the global IoT chip market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global IoT chip market.

APAC will contribute to 46% of the global market growth during the forecast period. The market in the region is driven by the presence of various consumer electronic device manufacturers and automotive OEMs. Furthermore, the launch of policies supporting IoT and Internet integration is also driving market growth in the region. Additionally, the increasing demand for consumer electronics from the region forces several companies to focus on increasing the number of manufacturing plants in APAC. 

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

IoT chip market – Market Dynamics

Leading Drivers – 

The increasing number of smart devices and applications drives the growth of the IoT chip market. Smart devices that connect devices through protocols include smartphones, smart wearables, smart home appliances, and smart automobiles.Additionally, factors such as the increasing automation of industrial processes, mechanization of the workforce, government-driven initiatives, and the rising demand for smart homes are expected to drive market growth during the forecast period.Hence, such factors boost the growth of the market during the forecast period.

Key Trends – 

The introduction of NB-IoT technology is an emerging IoT chip market trend. The use of this technology increases the use of IoT-based chipsets. NB-IoT is a wireless technology that works on the LPWA network.Furthermore, NB-IoT technology enables devices with small form factors and sensors to ensure data transfer at higher rates.Additionally, the market growth can be attributed to factors such as the deployment of a wide area network, increased power efficiency, absence of a gateway for NB-IoT use, cost savings, reliability, and connection to a wide range of frequencies.They fuel the adoption of NB-IoT in the market. Hence, such trends fuel the growth of the market during the forecast period.

Major challenges – 

Privacy and security concerns challenge the growth of the IoT chip market during the forecast period. The implementation of IoT can lead to major privacy and security concerns. This is because it allows users to access information stored in the cloud from anywhere and at any time.Security and privacy issues can be attributed to the lack of a secure configuration, unsecured software updates, and the lack of privacy and security regulations.Furthermore, the configuration applied to network layers can enable attackers to extract information.Hence, such challenges impede the growth of the market during the forecast period.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this IoT chip market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the IoT chip market between 2023 and 2027Precise estimation of the size of the IoT chip market and its contribution to the market with a focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the IoT chip market across APAC, North America, Europe, South America, and Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of IoT chip market vendors

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Table of Contents

1 Executive Summary

1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ApplicationExhibit 06: Executive Summary – Chart on Market Segmentation by TypeExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystemExhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definitionExhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global IoT chip Market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on global iot chip Market 2017 – 2021 ($ million)4.2 Application Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)4.3 Type Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summaryExhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalryExhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market conditionExhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segmentsExhibit 30: Chart on Application – Market share 2022-2027 (%)Exhibit 31: Data Table on Application – Market share 2022-2027 (%)6.2 Comparison by Application Exhibit 32: Chart on Comparison by ApplicationExhibit 33: Data Table on Comparison by Application6.3 Smart cities – Market size and forecast 2022-2027 Exhibit 34: Chart on Smart cities – Market size and forecast 2022-2027 ($ million)Exhibit 35: Data Table on Smart cities – Market size and forecast 2022-2027 ($ million)Exhibit 36: Chart on Smart cities – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Smart cities – Year-over-year growth 2022-2027 (%)6.4 Industrial ethernet – Market size and forecast 2022-2027 Exhibit 38: Chart on Industrial ethernet – Market size and forecast 2022-2027 ($ million)Exhibit 39: Data Table on Industrial ethernet – Market size and forecast 2022-2027 ($ million)Exhibit 40: Chart on Industrial ethernet – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Industrial ethernet – Year-over-year growth 2022-2027 (%)6.5 Smart wearables – Market size and forecast 2022-2027 Exhibit 42: Chart on Smart wearables – Market size and forecast 2022-2027 ($ million)Exhibit 43: Data Table on Smart wearables – Market size and forecast 2022-2027 ($ million)Exhibit 44: Chart on Smart wearables – Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Smart wearables – Year-over-year growth 2022-2027 (%)6.6 Connected vehicles – Market size and forecast 2022-2027 Exhibit 46: Chart on Connected vehicles – Market size and forecast 2022-2027 ($ million)Exhibit 47: Data Table on Connected vehicles – Market size and forecast 2022-2027 ($ million)Exhibit 48: Chart on Connected vehicles – Year-over-year growth 2022-2027 (%)Exhibit 49: Data Table on Connected vehicles – Year-over-year growth 2022-2027 (%)6.7 Connected homes – Market size and forecast 2022-2027 Exhibit 50: Chart on Connected homes – Market size and forecast 2022-2027 ($ million)Exhibit 51: Data Table on Connected homes – Market size and forecast 2022-2027 ($ million)Exhibit 52: Chart on Connected homes – Year-over-year growth 2022-2027 (%)Exhibit 53: Data Table on Connected homes – Year-over-year growth 2022-2027 (%)6.8 Market opportunity by Application Exhibit 54: Market opportunity by Application ($ million)Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segmentsExhibit 56: Chart on Type – Market share 2022-2027 (%)Exhibit 57: Data Table on Type – Market share 2022-2027 (%)7.2 Comparison by TypeExhibit 58: Chart on Comparison by TypeExhibit 59: Data Table on Comparison by Type7.3 Logic devices – Market size and forecast 2022-2027 Exhibit 60: Chart on Logic devices – Market size and forecast 2022-2027 ($ million)Exhibit 61: Data Table on Logic devices – Market size and forecast 2022-2027 ($ million)Exhibit 62: Chart on Logic devices – Year-over-year growth 2022-2027 (%)Exhibit 63: Data Table on Logic devices – Year-over-year growth 2022-2027 (%)7.4 Sensors – Market size and forecast 2022-2027 Exhibit 64: Chart on Sensors – Market size and forecast 2022-2027 ($ million)Exhibit 65: Data Table on Sensors – Market size and forecast 2022-2027 ($ million)Exhibit 66: Chart on Sensors – Year-over-year growth 2022-2027 (%)Exhibit 67: Data Table on Sensors – Year-over-year growth 2022-2027 (%)7.5 Processors – Market size and forecast 2022-2027 Exhibit 68: Chart on Processors – Market size and forecast 2022-2027 ($ million)Exhibit 69: Data Table on Processors – Market size and forecast 2022-2027 ($ million)Exhibit 70: Chart on Processors – Year-over-year growth 2022-2027 (%)Exhibit 71: Data Table on Processors – Year-over-year growth 2022-2027 (%)7.6 Connectivity integrated circuits – Market size and forecast 2022-2027 Exhibit 72: Chart on Connectivity integrated circuits – Market size and forecast 2022-2027 ($ million)Exhibit 73: Data Table on Connectivity integrated circuits – Market size and forecast 2022-2027 ($ million)Exhibit 74: Chart on Connectivity integrated circuits – Year-over-year growth 2022-2027 (%)Exhibit 75: Data Table on Connectivity integrated circuits – Year-over-year growth 2022-2027 (%)7.7 Memory devices – Market size and forecast 2022-2027 Exhibit 76: Chart on Memory devices – Market size and forecast 2022-2027 ($ million)Exhibit 77: Data Table on Memory devices – Market size and forecast 2022-2027 ($ million)Exhibit 78: Chart on Memory devices – Year-over-year growth 2022-2027 (%)Exhibit 79: Data Table on Memory devices – Year-over-year growth 2022-2027 (%)7.8 Market opportunity by Type Exhibit 80: Market opportunity by Type ($ million)Exhibit 81: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 83: Chart on Market share by geography 2022-2027 (%)Exhibit 84: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 85: Chart on Geographic comparisonExhibit 86: Data Table on Geographic comparison9.3 APAC – Market size and forecast 2022-2027 Exhibit 87: Chart on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 88: Data Table on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 89: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 90: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.4 North America – Market size and forecast 2022-2027 Exhibit 91: Chart on North America – Market size and forecast 2022-2027 ($ million)Exhibit 92: Data Table on North America – Market size and forecast 2022-2027 ($ million)Exhibit 93: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 94: Data Table on North America – Year-over-year growth 2022-2027 (%)9.5 Europe – Market size and forecast 2022-2027 Exhibit 95: Chart on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 96: Data Table on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 97: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 98: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.6 South America – Market size and forecast 2022-2027 Exhibit 99: Chart on South America – Market size and forecast 2022-2027 ($ million)Exhibit 100: Data Table on South America – Market size and forecast 2022-2027 ($ million)Exhibit 101: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 102: Data Table on South America – Year-over-year growth 2022-2027 (%)9.7 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 103: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 104: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 105: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 106: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.8 China – Market size and forecast 2022-2027 Exhibit 107: Chart on China – Market size and forecast 2022-2027 ($ million)Exhibit 108: Data Table on China – Market size and forecast 2022-2027 ($ million)Exhibit 109: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 110: Data Table on China – Year-over-year growth 2022-2027 (%)9.9 South Korea – Market size and forecast 2022-2027 Exhibit 111: Chart on South Korea – Market size and forecast 2022-2027 ($ million)Exhibit 112: Data Table on South Korea – Market size and forecast 2022-2027 ($ million)Exhibit 113: Chart on South Korea – Year-over-year growth 2022-2027 (%)Exhibit 114: Data Table on South Korea – Year-over-year growth 2022-2027 (%)9.10 Japan – Market size and forecast 2022-2027 Exhibit 115: Chart on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 116: Data Table on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 117: Chart on Japan – Year-over-year growth 2022-2027 (%)Exhibit 118: Data Table on Japan – Year-over-year growth 2022-2027 (%)9.11 US – Market size and forecast 2022-2027 Exhibit 119: Chart on US – Market size and forecast 2022-2027 ($ million)Exhibit 120: Data Table on US – Market size and forecast 2022-2027 ($ million)Exhibit 121: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 122: Data Table on US – Year-over-year growth 2022-2027 (%)9.12 Taiwan – Market size and forecast 2022-2027 Exhibit 123: Chart on Taiwan – Market size and forecast 2022-2027 ($ million)Exhibit 124: Data Table on Taiwan – Market size and forecast 2022-2027 ($ million)Exhibit 125: Chart on Taiwan – Year-over-year growth 2022-2027 (%)Exhibit 126: Data Table on Taiwan – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 127: Market opportunity by geography ($ million)Exhibit 128: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 129: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscapeExhibit 130: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruptionExhibit 131: Overview on factors of disruption11.4 Industry risksExhibit 132: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors coveredExhibit 133: Vendors covered12.2 Market positioning of vendors Exhibit 134: Matrix on vendor position and classification12.3 Advanced Micro Devices Inc. Exhibit 135: Advanced Micro Devices Inc. – OverviewExhibit 136: Advanced Micro Devices Inc. – Business segmentsExhibit 137: Advanced Micro Devices Inc. – Key newsExhibit 138: Advanced Micro Devices Inc. – Key offeringsExhibit 139: Advanced Micro Devices Inc. – Segment focus12.4 Analog Devices Inc.Exhibit 140: Analog Devices Inc. – OverviewExhibit 141: Analog Devices Inc. – Business segmentsExhibit 142: Analog Devices Inc. – Key newsExhibit 143: Analog Devices Inc. – Key offeringsExhibit 144: Analog Devices Inc. – Segment focus12.5 Huawei Technologies Co. Ltd. Exhibit 145: Huawei Technologies Co. Ltd. – OverviewExhibit 146: Huawei Technologies Co. Ltd. – Business segmentsExhibit 147: Huawei Technologies Co. Ltd. – Key newsExhibit 148: Huawei Technologies Co. Ltd. – Key offeringsExhibit 149: Huawei Technologies Co. Ltd. – Segment focus12.6 Infineon Technologies AG Exhibit 150: Infineon Technologies AG – OverviewExhibit 151: Infineon Technologies AG – Business segmentsExhibit 152: Infineon Technologies AG – Key newsExhibit 153: Infineon Technologies AG – Key offeringsExhibit 154: Infineon Technologies AG – Segment focus12.7 Intel Corp.Exhibit 155: Intel Corp. – OverviewExhibit 156: Intel Corp. – Business segmentsExhibit 157: Intel Corp. – Key newsExhibit 158: Intel Corp. – Key offeringsExhibit 159: Intel Corp. – Segment focus12.8 Marvell Technology Inc. Exhibit 160: Marvell Technology Inc. – OverviewExhibit 161: Marvell Technology Inc. – Product / ServiceExhibit 162: Marvell Technology Inc. – Key offerings12.9 MediaTek Inc.Exhibit 163: MediaTek Inc. – OverviewExhibit 164: MediaTek Inc. – Product / ServiceExhibit 165: MediaTek Inc. – Key newsExhibit 166: MediaTek Inc. – Key offerings12.10 Microchip Technology Inc. Exhibit 167: Microchip Technology Inc. – OverviewExhibit 168: Microchip Technology Inc. – Business segmentsExhibit 169: Microchip Technology Inc. – Key offeringsExhibit 170: Microchip Technology Inc. – Segment focus12.11 NVIDIA Corp.Exhibit 171: NVIDIA Corp. – OverviewExhibit 172: NVIDIA Corp. – Business segmentsExhibit 173: NVIDIA Corp. – Key newsExhibit 174: NVIDIA Corp. – Key offeringsExhibit 175: NVIDIA Corp. – Segment focus12.12 NXP Semiconductors NV Exhibit 176: NXP Semiconductors NV – OverviewExhibit 177: NXP Semiconductors NV – Product / ServiceExhibit 178: NXP Semiconductors NV – Key newsExhibit 179: NXP Semiconductors NV – Key offerings12.13 Qualcomm Inc.Exhibit 180: Qualcomm Inc. – OverviewExhibit 181: Qualcomm Inc. – Business segmentsExhibit 182: Qualcomm Inc. – Key newsExhibit 183: Qualcomm Inc. – Key offeringsExhibit 184: Qualcomm Inc. – Segment focus12.14 Renesas Electronics Corp. Exhibit 185: Renesas Electronics Corp. – OverviewExhibit 186: Renesas Electronics Corp. – Business segmentsExhibit 187: Renesas Electronics Corp. – Key offeringsExhibit 188: Renesas Electronics Corp. – Segment focus12.15 Samsung Electronics Co. Ltd. Exhibit 189: Samsung Electronics Co. Ltd. – OverviewExhibit 190: Samsung Electronics Co. Ltd. – Business segmentsExhibit 191: Samsung Electronics Co. Ltd. – Key newsExhibit 192: Samsung Electronics Co. Ltd. – Key offeringsExhibit 193: Samsung Electronics Co. Ltd. – Segment focus12.16 STMicroelectronics NV Exhibit 194: STMicroelectronics NV – OverviewExhibit 195: STMicroelectronics NV – Business segmentsExhibit 196: STMicroelectronics NV – Key newsExhibit 197: STMicroelectronics NV – Key offeringsExhibit 198: STMicroelectronics NV – Segment focus12.17 Texas Instruments Inc. Exhibit 199: Texas Instruments Inc. – OverviewExhibit 200: Texas Instruments Inc. – Business segmentsExhibit 201: Texas Instruments Inc. – Key newsExhibit 202: Texas Instruments Inc. – Key offeringsExhibit 203: Texas Instruments Inc. – Segment focus

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 204: Inclusions checklistExhibit 205: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 206: Currency conversion rates for US$13.4 Research methodologyExhibit 207: Research methodologyExhibit 208: Validation techniques employed for market sizingExhibit 209: Information sources13.5 List of abbreviations Exhibit 210: List of abbreviations

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