The IoT Chip Market report will provide readers, stakeholders, and businesses with in-depth information about market size, revenue growth, and general industry dynamics in order to help them better position themselves in the global IoT Chip Market. It offers thorough information on significant considerations, constraints, limitations, and issues in addition to market segmentations based on factors like product type, application, and regional bifurcation.
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. To receive a PDF sample of the report, visit @ https://www.emergenresearch.com/request-sample/489 Global IoT Chip Market Highlights: Regional demand estimation and forecast Product Mix Matrix R&D Analysis Cost-Benefit Analysis Pre-commodity pricing volatility Supply chain optimization analysis Technological updates analysis Raw Material Sourcing Strategy Competitive Analysis Mergers & Acquisitions Location Quotients Analysis Carbon Footprint Analysis Patent Analysis Vendor Management Competitive Landscape: 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: Company Profiles Gross Revenue Profit margins Product sales trends Product pricing Industry Analysis Sales & distribution channels Regional Segmentation: North America Latin America Europe Middle East & Africa Asia Pacific Key Points Covered in This Section: Regional contribution 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 Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends @ 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. 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 To seek a discount on this report, visit @ https://www.emergenresearch.com/request-discount/489 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. Request Customization as per your specific requirement @ https://www.emergenresearch.com/request-for-customization/489 Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements. 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