An IoT chip is a small electronic device embedded in objects, machines, and electronic devices. It connects to wireless networks and sends and receives data. Sometimes referred to as a "radio chip", the IoT chip contains the same technology and data circuits found in mobile phones (but without a display or a keypad). Recent computing systems contain electric mechanisms which are called as chipsets, and this embodies an assembly of combined circuits relied widely on various consumer electronic devices that include smartphones, tablet, computers, as well as wearable technology. Chipsets are designed to work with a certain set of microprocessors and often projected for a definite purpose or device.
According to the new market research report “Global IoT Chip Market Report 2023-2029”, published by QYResearch, the global IoT Chip market size is projected to reach USD 137.2 billion by 2029, at a CAGR of 13.7% during the forecast period.
- Global IoT Chip MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global IoT Chip Market Report 2023-2029.
- Global IoT Chip Top13Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global IoT Chip Market Report 2023-2029.
The global key manufacturers of IoT Chip include Intel, NVIDIA, Qualcomm, Samsung Electronics, HiSilicon (Huawei Technologies), Microchip Technology, Texas Instruments, Advanced Micro Devices, NXP Semiconductors, Mediatek, etc. In 2021, the global top five players had a share approximately 40.0% in terms of revenue.
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