The “Global IoT Chip Market accounted for USD 7.07 billion in 2016 and is projected to grow at a
CAGR of 14.75% during the forecast period of 2017 to 2024”, also the Global
IoT Chip Market By Hard ware (Sensor, Processor, Memory Device, Connectivity
IC, Logic Device), End User (Wearable
Devices, Consumer Electronics, Healthcare, Banking, Financial Services and
Insurance (BFSI), Building Automation, Industrial, Agriculture, Oil & Gas,
Automotive & Transportation, Retail), Geography (North America, Europe,
Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends
and Forecast to 2024
·
No of pages: 350
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Definition of IoT Chip Market:
IoT chip includes sensor, different types of processors,
interface IP, ASICs in cloud for packaging and many more. These are meant for
security and safety concerns which comes in the application of medical devices,
consumer electronics, wearable devices, automotive and transportation.
• No
of Figures: 60
Segmentation
of Global IoT Chip Market:
On the basis of hardware, global IoT chip market is segmented
into sensor, processor, memory device, connectivity IC and logic device. Sensor
is sub segmented into heart rate, blood glucose, blood oxygen, flow, level,
temperature, pressure, inertial measurement unit (IMU), humidity, chemical and
gas¸ electrocardiogram (ECG), ambient light, motion and position, accelerometer
and image sensor. Memory device is sub
segmented into static random access memory (SRAM) and dynamic random access
memory (DRAM). Processor is sub segmented into microcontroller (MCU), digital
signal processor (DSP) and application processor (AP). Connectivity IC is sub
segmented into bluetooth, zigbee, Wi-Fi, cellular network, ANT+, bluetooth
smart/bluetooth low energy (BLE), near-field communication (NFC), ethernet,
ISA100, global navigation satellite system (GNSS) module, enocean, thread and
wireless highway addressable remote transducer (WHART).
On the basis of end user, global IoT chip market is segmented
into wearable devices, consumer electronics, healthcare, banking, financial
services, and insurance (BFSI), building automation, industrial, agriculture,
oil and gas, automotive and transportation and retail.
On the basis of geography, the global IoT
chip market report covers data points for 28 countries across multiple
geographies such as North America, South America, Europe, Asia-Pacific and
Middle East and Africa. Some of the major countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia,
China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South
Africa, and Brazil among others.
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Competitive Analysis:
The global IoT chip market
is highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market.
• No of Tables: 220
Major Market Competitors:
Some of the major players in global IoT chip market
report include Intel Corporation, MediaTek Inc., Qualcomm
Technologies, Inc., Huawei Technologies Co., Ltd., Texas Instruments
Incorporated, Samsung Electronics Co., Ltd., Renesas Electronics Corporation,
Microchip Technology Inc.¸ Advanced Micro Devices, Inc., NXP Semiconductors,
NVIDIA Corporation, Cypress Semiconductor Corporation and STMicroelectronics
among others.
Summary of Major Market
Drivers:
·
Expansion in the wearable device market
·
Growing demand for flexible Soc type designs and application
specific MCUs
·
Government funding and increase in the investment of IoT
Major Market Restraints:
·
Rising concern in regards of security concern
Read more about the Global IoT Chip
Market Visit @ http://databridgemarketresearch.com/reports/global-iot-chip-market/
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