Iot Chips Market

IoT Chips Market: - An Overview

IoT Chips is small electronic device embedded with hardware and software component that is used in collection and transferring of information. IoT chips consists of various IP interface, sensors, processors, ASICS in the cloud for packaging and other. The IoT chips are applicable in laptops, smartphones, wearable technology to yield better output and for enhancing the performance.

IoT Chips Market: - Impact Analysis of COVID-19 Pandemic

COVID-19 pandemic has impacted every sectors and worldwide economy. The Internet of Things (IoT) will be integral to the long-term recovery plans of the post COVID-19 scenario. Due to manufacturing shutdowns, supply chain disruption and changes in availability of products the demand for IoT devices is estimated to drop around 10-15%. Some of the IoT application will experience decline in shipments in 2020 and some applications will experience fundamental shifts in demand both negative and positive in coming years as the priorities of enterprises will change in the light of COVID-19 pandemic.

IoT Chips Market: - Market Dynamics

Increasing Demand of Application-specific SoCs and MCUs is Driving the Market Growth

Increasing demand for application specific SoCs and MCUs are the factors that is driving the IoT chip market. Even though the conventional microcontroller executes variety of control task and also allow large number of IoT-integrated applications communicate with each other but still a variety of applications have specific requirements. Device manufacturers cater this by developing application specific MCUs. IoT chip helps to improve the connectivity capabilities in various applications and devices. To reinforce communication protocol IoT chipset is integrated with connectivity ICs like NFC, Bluetooth, and global navigation satellite system.

 

IoT Chips Market: - Segmentation

By Product	Connectivity Integrated Circuits Processor Sensors Memory Device Other
By Power consumption	Less than 1W 1-3 W 3-5 W 5-10 W More than 10 W
By Application	Wearable Device Consumer Electronics Healthcare Building Automation Manufacturing Retail Others

 

IoT Chips Market: - Regional Analysis

Globally, North America IoT Chips market dominated in 2019 in terms of market value, owing to the high adoption of IoT technologies in various industries such as automotive, transportation, automation, retail and others. South Asia & Pacific region is estimated to witness high growth rate due to ongoing trend of smart cities and home automation in the region. Emerging countries like India, Singapore are expected to among top countries to adopt IoT chips.   

IoT Chips Market: - Key Players

The key players in the IoT Chips market are Qualcomm, MediaTek Inc,. NXP Semiconductor, Intel Corporation, Huawei Technologies, Renesas Electronics Corporation, Micro Devices Inc, NVIDIA Corporation, Samsung Electronics, among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global IoT Chips market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with IoT Chips market attractiveness as per segments. The report on IoT Chips market also maps the qualitative impact of various factors on IoT Chips market segments and geographies.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest of Latin America)
• Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, Rest of Europe)
• East Asia (China, Japan, & South Korea)
• South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia Pacific)
• Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)

IoT Chips Market- Report Highlights:

• A detailed overview of parent market of IoT Chips market
• Changing IoT Chips market dynamics in the industry
• In-depth segmentation of the IoT Chips market
• Historical, current, and projected IoT Chips market size by value
• Recent industry trends and developments in IoT Chips market
• Competitive landscape of the IoT Chips market
• Strategies for key players in IoT Chips and solutions and services offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on IoT Chips market performance
• Must-have information for IoT Chips market players to sustain and enhance their market footprint

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