Apr 08, 2020 (HTF Market Intelligence via COMTEX) --
This intelligence report provides a comprehensive analysis of the Global IoT Chipset Market
. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period. Some of the key players profiled in the study are Intel Corporation (United States), Qualcomm Incorporated (United States), Texas Instruments Incorporated (United States), NXP Semiconductors N.V. (Netherlands), Microchip Technology Inc. (United States), STMicroelectronics N.V. (Switzerland), Renesas Electronics Corporation (Japan), Huawei Technologies Co., Ltd. (China), NVIDIA Corporation (United States) and Samsung Electronics Co., Ltd. (South Korea).
IoT Chipset is a small electronic device that is embedded in a machine, object or electronic appliances. It helps in connecting to a wireless network and enables us to receive and send data. These chipsets use the same technology as in a mobile phone but without any kind of display and keyboards. One of the major differences in these chipsets is that they provide always-on connectivity. This is because IoT applications need to send data automatically, in real-time without someone hitting a send button. With cumulating applications of IoT in major devices such as ML, AI and many more are driving the market dynamics. For instance, according to the Internet and Television Association estimated that, by 2020, the number of IoT connected devices is expected to reach 50.1 billion from 34.8 billion in 2018, hence making the market to grow at a high level.
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Adoption of Wearable Devices in this Market is one of the Major Trend
Rising Consumer Electronic Segment is also booming the Market
Adoption of Advance Technologies due to rising Trend of Industry 4.0
Currently, IoT is majorly adopted in home electronics, from entertainment to smart home control and many more appliances. As with the increasing adoption of IoT approaches and getting interconnected, is flourishing the market
The constant technological advancements in IoT creates a lot of demand for better wireless connectivity solutions to provide to the newer segments of automation and transportation, owing to the increasing trend of smart-cities and home automation in different region These factors are expected to fuel the demand for IoT chip market in the industry.
Lack of Standardization of Communication Protocol Across Different Platforms
High Cost Associated with these Chipsets
High Power Consumption By Connected Devices
Increasing Concerns Regarding Privacy and Security of Data
Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global IoT Chipset Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year - 2013-2017
Base year - 2018
Forecast period** - 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
The Global IoT Chipset segments and Market Data Break Down are illuminated below:
by Type (Processor (Microcontroller (MCU), Application Processor (AP) and Digital Signal Processor (DSP)), Sensor (Accelerometer, Inertial Measurement Unit (IMU), Heart Rate Sensor, Pressure Sensor, and Others), Connectivity IC (Ant+, Bluetooth, Bluetooth Smart/Bluetooth Low Energy (BLE), ZigBee, Wireless Fidelity (Wi-Fi) and Others), Memory Device ( Static Random-Access Memory (SRAM) and Dynamic Random-Access Memory (DRAM)), Logic Device (Field-Programmable Gate Array (FPGA)), Other Products), Distribution Channel (Online, Offline), End-User (Healthcare, Consumer Electronics, Industrial, Automotive, BFSI, Retail, Building Automation, Other End-users), Devices (Smart Parking, Smart Meters, Trackers, Alarms and Detectors, Smart Streetlights, Smart Appliances, Wearable Devices, Other Devices)
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
To Define, Describe, and Segment The Global IoT Chipset Market On The Basis Of Type, Function, Application, And Region.