Iot Chip Market
PUBLISHED: 2023 ID: SMRC22887
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Iot Chip Market

Internet of Things (IoT) Chip Market Forecasts to 2028 - Global Analysis By Product (Processor, Connectivity IC and Other Products), By Power Consumption (Less Than 1 W, 1-3 W, 3-5 W, 5-10 W and More Than 10 W), By End User and By Geography

4.4 (41 reviews)
4.4 (41 reviews)
Published: 2023 ID: SMRC22887

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $535.7 BN

Projected Year Value (2028)

US $1,367.1 BN

CAGR (2022 - 2028)

16.9%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global IoT Chip Market is accounted for $535.7 billion in 2022 and is expected to reach $1,367.1 billion by 2028 growing at a CAGR of 16.9% during the forecast period. IoT modules or chips are commonly referred to as electronic devices placed in machines, objects, and things that are capable of establishing a connection to wireless networks and transmitting and receiving data. These devices use many protocols, including NB-IoT, LTE, and BLE 5.0. These devices include sensors, software, and other technologies that facilitate wireless data sending and receiving. IoT chips are therefore tiny electronic components that are integrated into a variety of products, machines, and other devices. It is a crucial component of the overall IoT mechanism, and its absence will render the entire system ineffective. IoT has provided an array of possibilities for individuals and businesses.

According to Economic Times's survey, cellular IoT module chipset shipments grew in India, and Qualcomm led the market with a 42% share. The company has been broadening its IoT chipset portfolio, targeting premium 4G and 5G solutions for verticals such as retail, industrial, smart cities, and more.



Market Dynamics:

Driver:

Growing application-specific MCUs and flexible SoC-type designs

Unit shipments of embedded processors intended for Internet of Things applications are anticipated to increase more rapidly in the future than the rest of the embedded processing sector. A significant portion of that growth is expected to originate from MCU-based devices, particularly 32-bit MCUs, which are becoming more common as a result of their increasing use in automotive, industrial, and medical applications requiring sophisticated real-time sensors with higher computing capabilities. The development of application-specific MCUs with built-in wireless capabilities is another trend that has been recognised. Traditional general-purpose MCUs are at risk from these application-specific MCUs, which enable numerous home appliances and industrial devices to connect to the internet.

Restraint:

Security concerns & user data privacy

Due to the rapid adoption of IoT across all end-use industries, including wearable technology, healthcare, and retail, this technology has enormous potential. Data security and privacy concerns, however, are significant growth inhibitors for the sector. A significant amount of data is being produced as the number of connected devices grows along with the adoption of IoT in end-user applications. Systems can be hacked by cybercriminals, which subsequently exploit the data for espionage. For instance, this information can be used to automatically acquire auto insurance, assess a person's health, monitor the effectiveness of a business's strategies, and more. The IoT gateway must manage a substantial number of IoT devices as well as the data migrated between them in order to operate as a communication layer between edge devices and cloud services.

Opportunity:

Government funding in innovation and R&D

In order to increase productivity, governments around the world are supporting and promoting IoT research and development. The government sector is predicted to be one of the technology's major potential customers. Smart traffic management systems, energy conservation via smart metres, and security system advancements via smart cameras are just some of the important sectors where IoT can bring about significant innovation and improvements. New IoT research initiatives are being funded by the governments of various nations, including Singapore, Finland, and Australia, in preparation for the creation of smart cities in the future.

Threat:

High power consumption of connected devices

Any IoT device must have improved power management and low optical power consumption. Another major challenge would be the connectivity strain, as hundreds or perhaps thousands of devices would need to be connected simultaneously. For instance, a typical smart house may include 50 to 100 linked lights, thermostats, appliances, and other gadgets, each of which has its own power requirements. The electricity line would be made more efficient using tools like smart metres. The key challenge is the power management of devices employing wireless technologies, such as Wi-Fi, which demand considerable power.

Covid-19 Impact:

Due to severe shortages in the supply chain that developed globally as a result of the COVID-19 epidemic, the market was severely impacted. Production was also hampered by the restrictions that countries imposed on individual rights of movement around the world. To succeed, more automated and sophisticated systems have become essential as the world begins to recover from the pandemic. IoT chips will therefore be in high demand globally as the market for IoT-enabled products is expected to grow in the future.

The logic device segment is expected to be the largest during the forecast period

Due to an increase in the use of Field-Programmable Gate Arrays (FPGAs) in wearable technology, the logic device segment is anticipated to register the largest share throughout the projection period. Improved prototyping and debugging capabilities are made possible by logic devices. Some major aspects that are anticipated to increase the adoption and use of FPGAs include their improved performance, programmability, and cost-efficiency. Additionally, when compared to a central processing unit (CPU), an FPGA can implement any function more quickly. FPGAs are capable of modifying, updating, reconfiguring, and changing functionality to carry out entirely new and diverse activities.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

Due to the increased demand for wearables with IoT capabilities, such as smartwatches, the consumer electronics segment is anticipated to grow rapidly throughout the projected period. Additionally, a significant driver anticipated to propel this segment's revenue growth throughout the forecast period is the rising usage of smart appliances for home automation applications including voice assistants, safety & security, air & water quality monitoring, lighting control, and locks.

Region with largest share:

Due to the increasing use of IoT chips in smart city development across a number of nations, including China, Japan, Taiwan, and India, Asia-Pacific is expected to have the largest market over the projected period. IoT implementation is being significantly influenced by rising government initiatives for smart city projects in nations like China and India. Additionally, rising use in the manufacturing and process automation industries is anticipated to boost market. Moreover, due to investment in IoT, important markets for IoT chip adoption include Singapore and South Korea. South Korea is the first significant market to connect to the Internet more frequently than any other, according to the Organisation for Economic Cooperation and Development.

Region with highest CAGR:

Because Asian countries are increasingly incorporating IoT into their long-term development projects, the Asia-Pacific region is expected to have lucrative market share. For instance, the central government of China selected more than 200 communities for the evaluation of smart city initiatives. Beijing, Shanghai, Guangzhou, and Hangzhou are among the cities. India's goal of making 100 cities smart is also anticipated to boost electronics sales in the automobile industry and in smart homes. Moreover, the market is expanding as a result of the growing usage of IoT in 5G services, and this trend is expected to continue during the forecast period.



Key players in the market

Some of the key players in IoT Chip market include Silicon Labs, Dialog Semiconductor, Expressif Systems, Gainspan, Nordic semiconductor, TE Connectivity Ltd., STMicroelectronics N.V., Advanced Micro Devices (AMD), Samsung Electronics, NVIDIA Corporation, Huawei Technologies Co., Ltd., Renesas Electronics Corporation, Cypress Semiconductor Corporation, Microchip Technology Inc., Marvell Technology Group Ltd., MediaTek Inc., NXP Semiconductors N.V., Qualcomm Incorporated, Texas Instruments Incorporated and Intel Corporation.

Key Developments:

In July 2022, HT Micron introduced the new LoRa and Bluetooth Internet of Things chip made in Brazil at the LoRaWAN World Expo in Paris. The iMCP HTLRBL32L, a system-in-package of 13x13x1.1 mm, enables easy integration and prototyping of long- and short-range solutions for the IoT.

In October 2021, Samsung and Intel have announced new semiconductor products that may support intelligent IoT applications. Samsung announced that it had started mass production of a recent dynamic random access memory (RAM) circuit based on the DDR5 (Double Data Rate 5) standard and 14-nanometer chips. This new product handles data-intensive workloads such as artificial intelligence (AI) and 5G communications.

Products Covered:
• Processor
• Connectivity IC
• Sensor
• Logic Device
• Memory Device
• Other Products

Power Consumptions Covered:
• Less Than 1 W
• 1-3 W
• 3-5 W
• 5-10 W
• More Than 10 W

End Users Covered:
• Healthcare
• Industrial
• Consumer Electronics
• Automotive & Transportation
• Banking, Financial Services and Insurance (BFSI)
• Retail
• Building Automation
• Agriculture
• Oil and Gas
• Environmental Monitoring
• Wearable Devices
• Metropolitan Scale Deployments
• Manufacturing
• Medical
• Energy Management
• Infrastructure Management
• Aerospace & Defense
• Entertainment and Media
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global IoT Chip Market, By Product
5.1 Introduction
5.2 Processor
5.2.1 Digital Signal Processor (DSP)
5.2.2 Microcontroller (MCU)
5.2.3 Microprocessor (MPU)
5.2.4 Power Management Integrated Circuit (PMIC)
5.2.5 Application Processor
5.3 Connectivity IC
5.3.1 Wired
5.3.1.1 Ethernet/IP
5.3.1.2 Foundation Fieldbus (FF)
5.3.1.3 Modbus
5.3.1.4 Profinet
5.3.2 Wireless
5.3.2.1 ANT+
5.3.2.2 Bluetooth Smart/Bluetooth Low Energy (BLE)
5.3.2.3 Bluetooth/WLAN
5.3.2.4 Cellular Network
5.3.2.5 Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) Module
5.3.2.6 ISA100
5.3.2.7 Near Field Communication (NFC)
5.3.2.8 Wireless Highway Addressable Remote Transducer (WHART)
5.3.2.9 Wireless Fidelity (Wi-Fi)
5.3.2.10 ZigBee
5.4 Sensor
5.4.1 Accelerometer (3-Axis)
5.4.2 Ambient light Sensor
5.4.3 Blood Glucose Sensor
5.4.4 Blood Oxygen Sensor
5.4.5 Camera Module
5.4.6 Carbon Monoxide Sensor
5.4.7 Chemical Sensor
5.4.8 ECG Sensor
5.4.9 Flow Sensor
5.4.10 Heart Rate Sensor
5.4.11 Humidity Sensor
5.4.12 Image Sensor
5.4.13 IMU (6-Axis, 9-Axis)
5.4.14 Level Sensor
5.4.15 Motion & Position Sensor
5.4.16 Pressure Sensor
5.4.17 Temperature Sensor
5.4.18 Other Sensors
5.5 Logic Device
5.5.1 Field-Programmable Gate Array
5.6 Memory Device
5.6.1 Off Chip Memory
5.6.2 On Chip Memory
5.6.3 Static Random Access Memory
5.6.4 Dynamic Random Access Memory
5.7 Other Products

6 Global IoT Chip Market, By Power Consumption
6.1 Introduction
6.2 Less Than 1 W
6.3 1-3 W
6.4 3-5 W
6.5 5-10 W
6.6 More Than 10 W

7 Global IoT Chip Market, By End User
7.1 Introduction
7.2 Healthcare
7.2.1 Multiparameter Monitor
7.2.2 Wearable Injector
7.2.3 Programmable Syringe Pump
7.2.4 Automated External Defibrillator
7.2.5 Pulse Oximeter
7.2.6 Continuous Glucose Monitor
7.2.7 Blood Glucose Meter
7.2.8 Blood Pressure Monitor
7.2.9 Fitness & Heart Rate Monitor
7.3 Industrial
7.3.1 Image Sensor
7.3.2 Motion & Position Sensor
7.3.3 Humidity Sensor
7.3.4 Chemical Sensor
7.3.5 Flow Sensor
7.3.6 Level Sensor
7.3.7 Pressure Sensor
7.3.8 Temperature Sensor
7.4 Consumer Electronics
7.4.1 Smart Vacuum Cleaner
7.4.2 Smart Water Heater
7.4.3 Smart Kettle
7.4.4 Smart Coffee Maker
7.4.5 Smart Dishwasher
7.4.6 Smart Deep Freezer
7.4.7 Smart Cooker
7.4.8 Smart Cooktop
7.4.9 Smart Oven
7.4.10 Refrigerator
7.4.11 Smart Dryer
7.4.12 Smart Washing Machine
7.4.13 Smart TV
7.4.14 Smart Speaker
7.5 Automotive & Transportation
7.5.1 In Car Infotainment
7.5.2 Connected Car
7.5.3 Traffic Management
7.5.3.1 Automated Incident Detection (AID) Camera
7.5.3.2 Thermal Camera
7.5.3.3 Speed Sensor
7.5.3.4 Pedestrian Presence Sensor
7.5.3.5 Vehicle Detection Sensor
7.5.4 E-Tolls
7.6 Banking, Financial Services and Insurance (BFSI)
7.6.1 Smart Kiosk
7.6.2 Mobile Point of Sale
7.7 Retail
7.7.1 Wireless Beacon
7.7.2 Smart Tag
7.7.3 Digital Signage
7.7.4 Smart Shopping Cart
7.7.5 Smart Mirror
7.7.6 Contactless Checkout/PoS
7.7.7 Intelligent Vending Machine
7.8 Building Automation
7.8.1 Smoke Detector
7.8.2 Smart Lock
7.8.3 Smart Meter
7.8.4 IP Camera
7.8.5 Smart Thermostat
7.8.6 Daylight Sensor
7.8.7 Occupancy Sensor
7.9 Agriculture
7.9.1 Level Sensor
7.9.2 Soil Moisture Sensor
7.9.3 Climate Sensor
7.10 Oil and Gas
7.10.1 Image Sensor
7.10.2 Level Sensor
7.10.3 Pressure Sensor
7.10.4 Temperature Sensor
7.10.5 Flow Sensor
7.10.6 Chemical & Gas Sensor
7.10.7 Motion & Position Sensor
7.10.8 Humidity Sensor
7.11 Environmental Monitoring
7.12 Wearable Devices
7.12.1 Smart Clothing
7.12.2 Body Worn Camera
7.12.3 Smart Glass
7.12.4 Smartwatch
7.12.5 Activity Monitor
7.13 Metropolitan Scale Deployments
7.14 Manufacturing
7.15 Medical
7.16 Energy Management
7.17 Infrastructure Management
7.18 Aerospace & Defense
7.18.1 Drone/Unmanned Aerial Vehicle (UAV)
7.18.2 E Passport Gate
7.18.3 Smart Beacon
7.18.4 Smart Baggage Tag
7.19 Entertainment and Media
7.20 Other End Users

8 Global IoT Chip Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Silicon Labs
10.2 Dialog Semiconductor
10.3 Expressif Systems
10.4 Gainspan
10.5 Nordic semiconductor
10.6 TE Connectivity Ltd.
10.7 STMicroelectronics N.V.
10.8 Advanced Micro Devices (AMD)
10.9 Samsung Electronics
10.10 NVIDIA Corporation
10.11 Huawei Technologies Co., Ltd.
10.12 Renesas Electronics Corporation
10.13 Cypress Semiconductor Corporation
10.14 Microchip Technology Inc.
10.15 Marvell Technology Group Ltd.
10.16 MediaTek Inc.
10.17 NXP Semiconductors N.V.
10.18 Qualcomm Incorporated
10.19 Texas Instruments Incorporated
10.20 Intel Corporation

List of Tables
1 Global IoT Chip Market Outlook, By Region (2020-2028) ($MN)
2 Global IoT Chip Market Outlook, By Product (2020-2028) ($MN)
3 Global IoT Chip Market Outlook, By Processor (2020-2028) ($MN)
4 Global IoT Chip Market Outlook, By Digital Signal Processor (DSP) (2020-2028) ($MN)
5 Global IoT Chip Market Outlook, By Microcontroller (MCU) (2020-2028) ($MN)
6 Global IoT Chip Market Outlook, By Microprocessor (MPU) (2020-2028) ($MN)
7 Global IoT Chip Market Outlook, By Power Management Integrated Circuit (PMIC) (2020-2028) ($MN)
8 Global IoT Chip Market Outlook, By Application Processor (2020-2028) ($MN)
9 Global IoT Chip Market Outlook, By Connectivity IC (2020-2028) ($MN)
10 Global IoT Chip Market Outlook, By Wired (2020-2028) ($MN)
11 Global IoT Chip Market Outlook, By Wireless (2020-2028) ($MN)
12 Global IoT Chip Market Outlook, By Sensor (2020-2028) ($MN)
13 Global IoT Chip Market Outlook, By Accelerometer (3-Axis) (2020-2028) ($MN)
14 Global IoT Chip Market Outlook, By Ambient light Sensor (2020-2028) ($MN)
15 Global IoT Chip Market Outlook, By Blood Glucose Sensor (2020-2028) ($MN)
16 Global IoT Chip Market Outlook, By Blood Oxygen Sensor (2020-2028) ($MN)
17 Global IoT Chip Market Outlook, By Camera Module (2020-2028) ($MN)
18 Global IoT Chip Market Outlook, By Carbon Monoxide Sensor (2020-2028) ($MN)
19 Global IoT Chip Market Outlook, By Chemical Sensor (2020-2028) ($MN)
20 Global IoT Chip Market Outlook, By ECG Sensor (2020-2028) ($MN)
21 Global IoT Chip Market Outlook, By Flow Sensor (2020-2028) ($MN)
22 Global IoT Chip Market Outlook, By Heart Rate Sensor (2020-2028) ($MN)
23 Global IoT Chip Market Outlook, By Humidity Sensor (2020-2028) ($MN)
24 Global IoT Chip Market Outlook, By Image Sensor (2020-2028) ($MN)
25 Global IoT Chip Market Outlook, By IMU (6-Axis, 9-Axis) (2020-2028) ($MN)
26 Global IoT Chip Market Outlook, By Level Sensor (2020-2028) ($MN)
27 Global IoT Chip Market Outlook, By Motion & Position Sensor (2020-2028) ($MN)
28 Global IoT Chip Market Outlook, By Pressure Sensor (2020-2028) ($MN)
29 Global IoT Chip Market Outlook, By Temperature Sensor (2020-2028) ($MN)
30 Global IoT Chip Market Outlook, By Other Sensors (2020-2028) ($MN)
31 Global IoT Chip Market Outlook, By Logic Device (2020-2028) ($MN)
32 Global IoT Chip Market Outlook, By Field-Programmable Gate Array (2020-2028) ($MN)
33 Global IoT Chip Market Outlook, By Memory Device (2020-2028) ($MN)
34 Global IoT Chip Market Outlook, By Off Chip Memory (2020-2028) ($MN)
35 Global IoT Chip Market Outlook, By On Chip Memory (2020-2028) ($MN)
36 Global IoT Chip Market Outlook, By Static Random Access Memory (2020-2028) ($MN)
37 Global IoT Chip Market Outlook, By Dynamic Random Access Memory (2020-2028) ($MN)
38 Global IoT Chip Market Outlook, By Other Products (2020-2028) ($MN)
39 Global IoT Chip Market Outlook, By Power Consumption (2020-2028) ($MN)
40 Global IoT Chip Market Outlook, By Less Than 1 W (2020-2028) ($MN)
41 Global IoT Chip Market Outlook, By 1-3 W (2020-2028) ($MN)
42 Global IoT Chip Market Outlook, By 3-5 W (2020-2028) ($MN)
43 Global IoT Chip Market Outlook, By 5-10 W (2020-2028) ($MN)
44 Global IoT Chip Market Outlook, By More Than 10 W (2020-2028) ($MN)
45 Global IoT Chip Market Outlook, By End User (2020-2028) ($MN)
46 Global IoT Chip Market Outlook, By Healthcare (2020-2028) ($MN)
47 Global IoT Chip Market Outlook, By Multiparameter Monitor (2020-2028) ($MN)
48 Global IoT Chip Market Outlook, By Wearable Injector (2020-2028) ($MN)
49 Global IoT Chip Market Outlook, By Programmable Syringe Pump (2020-2028) ($MN)
50 Global IoT Chip Market Outlook, By Automated External Defibrillator (2020-2028) ($MN)
51 Global IoT Chip Market Outlook, By Pulse Oximeter (2020-2028) ($MN)
52 Global IoT Chip Market Outlook, By Continuous Glucose Monitor (2020-2028) ($MN)
53 Global IoT Chip Market Outlook, By Blood Glucose Meter (2020-2028) ($MN)
54 Global IoT Chip Market Outlook, By Blood Pressure Monitor (2020-2028) ($MN)
55 Global IoT Chip Market Outlook, By Fitness & Heart Rate Monitor (2020-2028) ($MN)
56 Global IoT Chip Market Outlook, By Industrial (2020-2028) ($MN)
57 Global IoT Chip Market Outlook, By Image Sensor (2020-2028) ($MN)
58 Global IoT Chip Market Outlook, By Motion & Position Sensor (2020-2028) ($MN)
59 Global IoT Chip Market Outlook, By Humidity Sensor (2020-2028) ($MN)
60 Global IoT Chip Market Outlook, By Chemical Sensor (2020-2028) ($MN)
61 Global IoT Chip Market Outlook, By Flow Sensor (2020-2028) ($MN)
62 Global IoT Chip Market Outlook, By Level Sensor (2020-2028) ($MN)
63 Global IoT Chip Market Outlook, By Pressure Sensor (2020-2028) ($MN)
64 Global IoT Chip Market Outlook, By Temperature Sensor (2020-2028) ($MN)
65 Global IoT Chip Market Outlook, By Consumer Electronics (2020-2028) ($MN)
66 Global IoT Chip Market Outlook, By Smart Vacuum Cleaner (2020-2028) ($MN)
67 Global IoT Chip Market Outlook, By Smart Water Heater (2020-2028) ($MN)
68 Global IoT Chip Market Outlook, By Smart Kettle (2020-2028) ($MN)
69 Global IoT Chip Market Outlook, By Smart Coffee Maker (2020-2028) ($MN)
70 Global IoT Chip Market Outlook, By Smart Dishwasher (2020-2028) ($MN)
71 Global IoT Chip Market Outlook, By Smart Deep Freezer (2020-2028) ($MN)
72 Global IoT Chip Market Outlook, By Smart Cooker (2020-2028) ($MN)
73 Global IoT Chip Market Outlook, By Smart Cooktop (2020-2028) ($MN)
74 Global IoT Chip Market Outlook, By Smart Oven (2020-2028) ($MN)
75 Global IoT Chip Market Outlook, By Refrigerator (2020-2028) ($MN)
76 Global IoT Chip Market Outlook, By Smart Dryer (2020-2028) ($MN)
77 Global IoT Chip Market Outlook, By Smart Washing Machine (2020-2028) ($MN)
78 Global IoT Chip Market Outlook, By Smart TV (2020-2028) ($MN)
79 Global IoT Chip Market Outlook, By Smart Speaker (2020-2028) ($MN)
80 Global IoT Chip Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
81 Global IoT Chip Market Outlook, By In Car Infotainment (2020-2028) ($MN)
82 Global IoT Chip Market Outlook, By Connected Car (2020-2028) ($MN)
83 Global IoT Chip Market Outlook, By Traffic Management (2020-2028) ($MN)
84 Global IoT Chip Market Outlook, By E-Tolls (2020-2028) ($MN)
85 Global IoT Chip Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
86 Global IoT Chip Market Outlook, By Smart Kiosk (2020-2028) ($MN)
87 Global IoT Chip Market Outlook, By Mobile Point of Sale (2020-2028) ($MN)
88 Global IoT Chip Market Outlook, By Retail (2020-2028) ($MN)
89 Global IoT Chip Market Outlook, By Wireless Beacon (2020-2028) ($MN)
90 Global IoT Chip Market Outlook, By Smart Tag (2020-2028) ($MN)
91 Global IoT Chip Market Outlook, By Digital Signage (2020-2028) ($MN)
92 Global IoT Chip Market Outlook, By Smart Shopping Cart (2020-2028) ($MN)
93 Global IoT Chip Market Outlook, By Smart Mirror (2020-2028) ($MN)
94 Global IoT Chip Market Outlook, By Contactless Checkout/PoS (2020-2028) ($MN)
95 Global IoT Chip Market Outlook, By Intelligent Vending Machine (2020-2028) ($MN)
96 Global IoT Chip Market Outlook, By Building Automation (2020-2028) ($MN)
97 Global IoT Chip Market Outlook, By Smoke Detector (2020-2028) ($MN)
98 Global IoT Chip Market Outlook, By Smart Lock (2020-2028) ($MN)
99 Global IoT Chip Market Outlook, By Smart Meter (2020-2028) ($MN)
100 Global IoT Chip Market Outlook, By IP Camera (2020-2028) ($MN)
101 Global IoT Chip Market Outlook, By Smart Thermostat (2020-2028) ($MN)
102 Global IoT Chip Market Outlook, By Daylight Sensor (2020-2028) ($MN)
103 Global IoT Chip Market Outlook, By Occupancy Sensor (2020-2028) ($MN)
104 Global IoT Chip Market Outlook, By Agriculture (2020-2028) ($MN)
105 Global IoT Chip Market Outlook, By Level Sensor (2020-2028) ($MN)
106 Global IoT Chip Market Outlook, By Soil Moisture Sensor (2020-2028) ($MN)
107 Global IoT Chip Market Outlook, By Climate Sensor (2020-2028) ($MN)
108 Global IoT Chip Market Outlook, By Oil and Gas (2020-2028) ($MN)
109 Global IoT Chip Market Outlook, By Image Sensor (2020-2028) ($MN)
110 Global IoT Chip Market Outlook, By Level Sensor (2020-2028) ($MN)
111 Global IoT Chip Market Outlook, By Pressure Sensor (2020-2028) ($MN)
112 Global IoT Chip Market Outlook, By Temperature Sensor (2020-2028) ($MN)
113 Global IoT Chip Market Outlook, By Flow Sensor (2020-2028) ($MN)
114 Global IoT Chip Market Outlook, By Chemical & Gas Sensor (2020-2028) ($MN)
115 Global IoT Chip Market Outlook, By Motion & Position Sensor (2020-2028) ($MN)
116 Global IoT Chip Market Outlook, By Humidity Sensor (2020-2028) ($MN)
117 Global IoT Chip Market Outlook, By Environmental Monitoring (2020-2028) ($MN)
118 Global IoT Chip Market Outlook, By Wearable Devices (2020-2028) ($MN)
119 Global IoT Chip Market Outlook, By Smart Clothing (2020-2028) ($MN)
120 Global IoT Chip Market Outlook, By Body Worn Camera (2020-2028) ($MN)
121 Global IoT Chip Market Outlook, By Smart Glass (2020-2028) ($MN)
122 Global IoT Chip Market Outlook, By Smartwatch (2020-2028) ($MN)
123 Global IoT Chip Market Outlook, By Activity Monitor (2020-2028) ($MN)
124 Global IoT Chip Market Outlook, By Metropolitan Scale Deployments (2020-2028) ($MN)
125 Global IoT Chip Market Outlook, By Manufacturing (2020-2028) ($MN)
126 Global IoT Chip Market Outlook, By Medical (2020-2028) ($MN)
127 Global IoT Chip Market Outlook, By Energy Management (2020-2028) ($MN)
128 Global IoT Chip Market Outlook, By Infrastructure Management (2020-2028) ($MN)
129 Global IoT Chip Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
130 Global IoT Chip Market Outlook, By Drone/Unmanned Aerial Vehicle (UAV) (2020-2028) ($MN)
131 Global IoT Chip Market Outlook, By E Passport Gate (2020-2028) ($MN)
132 Global IoT Chip Market Outlook, By Smart Beacon (2020-2028) ($MN)
133 Global IoT Chip Market Outlook, By Smart Baggage Tag (2020-2028) ($MN)
134 Global IoT Chip Market Outlook, By Entertainment and Media (2020-2028) ($MN)
135 Global IoT Chip Market Outlook, By Other End Users (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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