IoT 칩 시장 규모, 점유율, 동향 분석 : 하드웨어별, 업계별, 지역별 전망, 예측(2024-2031년)

The Global IoT Chips Market size is expected to reach $1088.6 billion by 2031, rising at a market growth of 11.1% CAGR during the forecast period.

IoT chips play a crucial role in autonomous or self-driving vehicles by processing sensor data, running AI algorithms, and making real-time decisions to navigate the vehicle safely and efficiently. Consequently, the automotive segment would acquire nearly, 14% of the total market share by 2031. These chips power ADAS technologies that assist drivers in various aspects of vehicle operation, including lane-keeping assistance, adaptive cruise control, automatic emergency braking, and parking assistance.

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, in April, 2024, Qualcomm Technologies unveiled new industrial and embedded AI platforms alongside a micro-power Wi-Fi SoC. The QCC730 Wi-Fi solution offers significant power savings for IoT products, while the RB3 Gen 2 Platform provides high-performance processing, on-device AI, and Wi-Fi 6E support for various applications like robots, drones, and connected cameras. The platform also integrates Qualcomm's AI Hub for optimized AI models. Moreover, in April, 2024, Infineon Technologies AG has unveiled its new PSOC Edge E8x MCU product family, designed to meet the highest certification level provided by the Platform Security Architecture (PSA) Certified program. The PSOC Edge E8x devices achieve PSA Certified Level 4 device certification by implementing an on-chip, hardware-isolated enclave for secured boot, key storage, and crypto operations. This robust embedded security certification ensures that IoT designers can develop edge applications with the highest levels of security, benefiting industries such as wearables, smart homes, printers, and payment terminals.

KBV Cardinal Matrix - IoT Chips Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Samsung Electronics Co., Ltd. is the forerunner in the Market. In June, 2021, Samsung Electronics unveiled a range of new chipsets, including the third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, the second-generation 5G modem System-on-Chip (SoC), and the Digital Front End (DFE)-RFIC integrated chip. These chipsets, compliant with 3GPP Rel.16 standards, will power Samsung's next-generation 5G solutions, such as the 5G Compact Macro, Massive MIMO radios, and baseband units. Companies such as Qualcomm Incorporated, STMicroelectronics N.V., MediaTek, Inc. are some of the key innovators in Market.

Market Growth Factors

The expansion of connected devices spans various industries and applications, including smart homes, smart cities, healthcare, manufacturing, agriculture, transportation, and retail. The rapid expansion of connected devices contributes to developing interconnected IoT ecosystems where devices, sensors, and platforms collaborate to gather and exchange data, automate processes, and enable intelligent decision-making. Therefore, the market is expanding significantly due to the rise in demand for connected devices.

Industry 4.0 fosters the adoption of smart manufacturing and automation technologies that leverage these chips to connect and control manufacturing equipment, robotics, and production systems. These chips embedded in sensors and connected devices enable continuous machine performance monitoring, detecting anomalies and deviations from normal operating conditions. Thus, because of the rapid expansion of Industry 4.0, the market is anticipated to increase significantly.

Market Restraining Factors

High deployment and maintenance costs can act as barriers to entry for SMEs looking to adopt IoT solutions. SMEs may lack the financial resources and expertise required to invest in costly IoT deployments, including hardware, software, integration, and ongoing maintenance. IoT solutions' total cost of ownership (TCO) encompasses deployment and maintenance costs and factors such as energy consumption, data storage, compliance, and scalability. Thus, high cost of deployment and maintenance can slow down the growth of the market.

By Hardware Analysis

On the basis of hardware, the market is segmented into processor, sensor, connectivity IC, memory device, logic device, and others. The sensor segment covered a 23% revenue share in the market in 2023. Sensors serve as the primary data source in IoT ecosystems, capturing information about the physical environment, including temperature, humidity, pressure, motion, light, sound, etc. These sensors convert physical parameters into electrical signals that these chips can process and analyze, forming the foundation of data-driven decision-making and automation in IoT applications.

By Vertical Analysis

By vertical, the market is bifurcated into automotive, BFSI, retail, healthcare, consumer electronics, industrial, and others. The retail segment acquired a 13% revenue share in the market in 2023. These chips enable deploying smart retail solutions that leverage connected devices, sensors, and data analytics to optimize various aspects of the retail environment. For example, according to Invest India, the retail industry will reach $2 Trillion by 2032. These solutions include smart shelves, RFID tags, inventory management systems, smart checkout counters, and personalized shopping experiences enabled by IoT-enabled devices like beacons and digital signage.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region led the market by generating 34% revenue share. North America is a hub for technological innovation, with leading semiconductor companies and IoT solution providers driving advancements in IoT chip technology. The smart home in North America is growing rapidly, fueled by the increasing popularity of smart home devices and home automation systems. The manufacturing sector in North America is embracing IIoT technologies to improve operational efficiency, optimize supply chain management, and enable predictive maintenance.

Market Competition and Attributes

The competition in the market is intense, driven by factors like technological advancements, demand for connected devices, and the need for energy-efficient solutions. Key players such as Intel, Qualcomm and MediaTek compete by innovating in areas like processing power, connectivity options, and AI capabilities to capture market share and meet diverse industry needs.

Recent Strategies Deployed in the Market

• Apr-2024: Microchip Technology extended its partnership with TSMC, a prominent semiconductor foundry, to enable specialized 40nm manufacturing capacity at Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan. This strategic move aligns with Microchip's efforts to enhance resiliency in its supply chain.
• Feb-2024: Samsung Electronics Co., Ltd. teamed up with Arm, a British semiconductor company, to deliver the next-gen Arm Cortex-X CPU optimized on Samsung Foundry's latest GAA process tech. This partnership aims to reinvent 2nm GAA for data centers and AI chiplet solutions, advancing mobile computing with cutting-edge performance and efficiency, driven by deep design-technology co-optimization.
• Feb-2024: NXP Semiconductors launched two new lines of low-cost and low-power microcontroller units (MCUs) as part of its MCX portfolio. The MCX A14x and A15x are the first MCU families in NXP's new A-class series, designed for intelligent edge applications in industrial IoT, smart homes, and smart cities.The MCX A14x operates at up to 48 MHz, while the MCX A15x operates at up to 96 MHz. They feature support for low-power peripheral sets, BLDC/PMSM motor control, and integrated sensor interfaces like MIPI-I3C, I2C, and SPI.
• Nov-2023: Infineon Technologies AG introduced the PSoC 4000T family of microcontrollers (MCUs), offering advanced low-power capacitive sensing solutions with exceptional signal-to-noise ratio, liquid tolerance, and multi-sense capabilities. This new MCU family expands the PSoC 4 product line with Arm Cortex-M0+ based MCUs, featuring Infineon's fifth generation CAPSENSE capacitive sensing technology.
• Apr-2023: Intel Foundry Services (IFS) and Arm, a British semiconductor company, announced collaboration on building low-power compute system-on-chips (SoCs) using Intel's advanced 18A process technology. This collaboration would target mobile SoC designs initially and would later expand into various sectors like automotive, Internet of Things (IoT), data centers, aerospace, and government applications. This collaboration aligned with Intel's IDM 2.0 strategy, focusing on expanding global manufacturing capacity to meet the increasing demand for chips and offering a more balanced supply chain for foundry customers.

List of Key Companies Profiled

• Samsung Electronics Co., Ltd. (Samsung Group)
• STMicroelectronics N.V.
• Analog Devices, Inc.
• NXP Semiconductors N.V.
• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• Intel Corporation
• MediaTek, Inc.
• Texas Instruments, Inc.
• Infineon Technologies AG
• Microchip Technology Incorporated

Global IoT Chips Market Report Segmentation

By Hardware

• Processor
• Sensor
• Connectivity IC
• Memory Device
• Logic Device
• Others

By Vertical

• Industrial
• Consumer Electronics
• Automotive
• Healthcare
• Retail
• BFSI
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
• Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global IoT Chips Market, by Hardware
  • 1.4.2Global IoT Chips Market, by Vertical
  • 1.4.3Global IoT Chips Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Restraints
  • 3.2.3Market Opportunities
  • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

• 4.1KBV Cardinal Matrix
• 4.2Recent Industry Wide Strategic Developments
  • 4.2.1Partnerships, Collaborations and Agreements
  • 4.2.2Product Launches and Product Expansions
  • 4.2.3Acquisition and Mergers
• 4.3Market Share Analysis, 2023
• 4.4Top Winning Strategies
  • 4.4.1Key Leading Strategies: Percentage Distribution (2020-2024)
  • 4.4.2Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun - 2024, Apr) Leading Players
• 4.5Porter Five Forces Analysis

Chapter 5.Global IoT Chips Market by Hardware

• 5.1Global Processor Market by Region
• 5.2Global Sensor Market by Region
• 5.3Global Connectivity IC Market by Region
• 5.4Global Memory Device Market by Region
• 5.5Global Logic Device Market by Region
• 5.6Global Others Market by Region

Chapter 6.Global IoT Chips Market by Vertical

• 6.1Global Industrial Market by Region
• 6.2Global Consumer Electronics Market by Region
• 6.3Global Automotive Market by Region
• 6.4Global Healthcare Market by Region
• 6.5Global Retail Market by Region
• 6.6Global BFSI Market by Region
• 6.7Global Others Market by Region

Chapter 7.Global IoT Chips Market by Region

• 7.1North America IoT Chips Market
  • 7.1.1North America IoT Chips Market by Hardware
    • 7.1.1.1North America Processor Market by Country
    • 7.1.1.2North America Sensor Market by Country
    • 7.1.1.3North America Connectivity IC Market by Country
    • 7.1.1.4North America Memory Device Market by Country
    • 7.1.1.5North America Logic Device Market by Country
    • 7.1.1.6North America Others Market by Country
  • 7.1.2North America IoT Chips Market by Vertical
    • 7.1.2.1North America Industrial Market by Country
    • 7.1.2.2North America Consumer Electronics Market by Country
    • 7.1.2.3North America Automotive Market by Country
    • 7.1.2.4North America Healthcare Market by Country
    • 7.1.2.5North America Retail Market by Country
    • 7.1.2.6North America BFSI Market by Country
    • 7.1.2.7North America Others Market by Country
  • 7.1.3North America IoT Chips Market by Country
    • 7.1.3.1US IoT Chips Market
      • 7.1.3.1.1US IoT Chips Market by Hardware
      • 7.1.3.1.2US IoT Chips Market by Vertical
    • 7.1.3.2Canada IoT Chips Market
      • 7.1.3.2.1Canada IoT Chips Market by Hardware
      • 7.1.3.2.2Canada IoT Chips Market by Vertical
    • 7.1.3.3Mexico IoT Chips Market
      • 7.1.3.3.1Mexico IoT Chips Market by Hardware
      • 7.1.3.3.2Mexico IoT Chips Market by Vertical
    • 7.1.3.4Rest of North America IoT Chips Market
      • 7.1.3.4.1Rest of North America IoT Chips Market by Hardware
      • 7.1.3.4.2Rest of North America IoT Chips Market by Vertical
• 7.2Europe IoT Chips Market
  • 7.2.1Europe IoT Chips Market by Hardware
    • 7.2.1.1Europe Processor Market by Country
    • 7.2.1.2Europe Sensor Market by Country
    • 7.2.1.3Europe Connectivity IC Market by Country
    • 7.2.1.4Europe Memory Device Market by Country
    • 7.2.1.5Europe Logic Device Market by Country
    • 7.2.1.6Europe Others Market by Country
  • 7.2.2Europe IoT Chips Market by Vertical
    • 7.2.2.1Europe Industrial Market by Country
    • 7.2.2.2Europe Consumer Electronics Market by Country
    • 7.2.2.3Europe Automotive Market by Country
    • 7.2.2.4Europe Healthcare Market by Country
    • 7.2.2.5Europe Retail Market by Country
    • 7.2.2.6Europe BFSI Market by Country
    • 7.2.2.7Europe Others Market by Country
  • 7.2.3Europe IoT Chips Market by Country
    • 7.2.3.1Germany IoT Chips Market
      • 7.2.3.1.1Germany IoT Chips Market by Hardware
      • 7.2.3.1.2Germany IoT Chips Market by Vertical
    • 7.2.3.2UK IoT Chips Market
      • 7.2.3.2.1UK IoT Chips Market by Hardware
      • 7.2.3.2.2UK IoT Chips Market by Vertical
    • 7.2.3.3France IoT Chips Market
      • 7.2.3.3.1France IoT Chips Market by Hardware
      • 7.2.3.3.2France IoT Chips Market by Vertical
    • 7.2.3.4Russia IoT Chips Market
      • 7.2.3.4.1Russia IoT Chips Market by Hardware
      • 7.2.3.4.2Russia IoT Chips Market by Vertical
    • 7.2.3.5Spain IoT Chips Market
      • 7.2.3.5.1Spain IoT Chips Market by Hardware
      • 7.2.3.5.2Spain IoT Chips Market by Vertical
    • 7.2.3.6Italy IoT Chips Market
      • 7.2.3.6.1Italy IoT Chips Market by Hardware
      • 7.2.3.6.2Italy IoT Chips Market by Vertical
    • 7.2.3.7Rest of Europe IoT Chips Market
      • 7.2.3.7.1Rest of Europe IoT Chips Market by Hardware
      • 7.2.3.7.2Rest of Europe IoT Chips Market by Vertical
• 7.3Asia Pacific IoT Chips Market
  • 7.3.1Asia Pacific IoT Chips Market by Hardware
    • 7.3.1.1Asia Pacific Processor Market by Country
    • 7.3.1.2Asia Pacific Sensor Market by Country
    • 7.3.1.3Asia Pacific Connectivity IC Market by Country
    • 7.3.1.4Asia Pacific Memory Device Market by Country
    • 7.3.1.5Asia Pacific Logic Device Market by Country
    • 7.3.1.6Asia Pacific Others Market by Country
  • 7.3.2Asia Pacific IoT Chips Market by Vertical
    • 7.3.2.1Asia Pacific Industrial Market by Country
    • 7.3.2.2Asia Pacific Consumer Electronics Market by Country
    • 7.3.2.3Asia Pacific Automotive Market by Country
    • 7.3.2.4Asia Pacific Healthcare Market by Country
    • 7.3.2.5Asia Pacific Retail Market by Country
    • 7.3.2.6Asia Pacific BFSI Market by Country
    • 7.3.2.7Asia Pacific Others Market by Country
  • 7.3.3Asia Pacific IoT Chips Market by Country
    • 7.3.3.1China IoT Chips Market
      • 7.3.3.1.1China IoT Chips Market by Hardware
      • 7.3.3.1.2China IoT Chips Market by Vertical
    • 7.3.3.2Japan IoT Chips Market
      • 7.3.3.2.1Japan IoT Chips Market by Hardware
      • 7.3.3.2.2Japan IoT Chips Market by Vertical
    • 7.3.3.3India IoT Chips Market
      • 7.3.3.3.1India IoT Chips Market by Hardware
      • 7.3.3.3.2India IoT Chips Market by Vertical
    • 7.3.3.4South Korea IoT Chips Market
      • 7.3.3.4.1South Korea IoT Chips Market by Hardware
      • 7.3.3.4.2South Korea IoT Chips Market by Vertical
    • 7.3.3.5Australia IoT Chips Market
      • 7.3.3.5.1Australia IoT Chips Market by Hardware
      • 7.3.3.5.2Australia IoT Chips Market by Vertical
    • 7.3.3.6Malaysia IoT Chips Market
      • 7.3.3.6.1Malaysia IoT Chips Market by Hardware
      • 7.3.3.6.2Malaysia IoT Chips Market by Vertical
    • 7.3.3.7Rest of Asia Pacific IoT Chips Market
      • 7.3.3.7.1Rest of Asia Pacific IoT Chips Market by Hardware
      • 7.3.3.7.2Rest of Asia Pacific IoT Chips Market by Vertical
• 7.4LAMEA IoT Chips Market
  • 7.4.1LAMEA IoT Chips Market by Hardware
    • 7.4.1.1LAMEA Processor Market by Country
    • 7.4.1.2LAMEA Sensor Market by Country
    • 7.4.1.3LAMEA Connectivity IC Market by Country
    • 7.4.1.4LAMEA Memory Device Market by Country
    • 7.4.1.5LAMEA Logic Device Market by Country
    • 7.4.1.6LAMEA Others Market by Country
  • 7.4.2LAMEA IoT Chips Market by Vertical
    • 7.4.2.1LAMEA Industrial Market by Country
    • 7.4.2.2LAMEA Consumer Electronics Market by Country
    • 7.4.2.3LAMEA Automotive Market by Country
    • 7.4.2.4LAMEA Healthcare Market by Country
    • 7.4.2.5LAMEA Retail Market by Country
    • 7.4.2.6LAMEA BFSI Market by Country
    • 7.4.2.7LAMEA Others Market by Country
  • 7.4.3LAMEA IoT Chips Market by Country
    • 7.4.3.1Brazil IoT Chips Market
      • 7.4.3.1.1Brazil IoT Chips Market by Hardware
      • 7.4.3.1.2Brazil IoT Chips Market by Vertical
    • 7.4.3.2Argentina IoT Chips Market
      • 7.4.3.2.1Argentina IoT Chips Market by Hardware
      • 7.4.3.2.2Argentina IoT Chips Market by Vertical
    • 7.4.3.3UAE IoT Chips Market
      • 7.4.3.3.1UAE IoT Chips Market by Hardware
      • 7.4.3.3.2UAE IoT Chips Market by Vertical
    • 7.4.3.4Saudi Arabia IoT Chips Market
      • 7.4.3.4.1Saudi Arabia IoT Chips Market by Hardware
      • 7.4.3.4.2Saudi Arabia IoT Chips Market by Vertical
    • 7.4.3.5South Africa IoT Chips Market
      • 7.4.3.5.1South Africa IoT Chips Market by Hardware
      • 7.4.3.5.2South Africa IoT Chips Market by Vertical
    • 7.4.3.6Nigeria IoT Chips Market
      • 7.4.3.6.1Nigeria IoT Chips Market by Hardware
      • 7.4.3.6.2Nigeria IoT Chips Market by Vertical
    • 7.4.3.7Rest of LAMEA IoT Chips Market
      • 7.4.3.7.1Rest of LAMEA IoT Chips Market by Hardware
      • 7.4.3.7.2Rest of LAMEA IoT Chips Market by Vertical

Chapter 8.Company Profiles

• 8.1Analog Devices, Inc.
  • 8.1.1Company Overview
  • 8.1.2Financial Analysis
  • 8.1.3Regional Analysis
  • 8.1.4Research & Development Expenses
  • 8.1.5Recent strategies and developments:
    • 8.1.5.1Product Launches and Product Expansions:
  • 8.1.6SWOT Analysis
• 8.2Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • 8.2.1Company Overview
  • 8.2.2Financial Analysis
  • 8.2.3Segmental and Regional Analysis
  • 8.2.4Research & Development Expense
  • 8.2.5Recent strategies and developments:
    • 8.2.5.1Product Launches and Product Expansions:
  • 8.2.6SWOT Analysis
• 8.3NXP Semiconductors N.V.
  • 8.3.1Company Overview
  • 8.3.2Financial Analysis
  • 8.3.3Regional Analysis
  • 8.3.4Research & Development Expenses
  • 8.3.5Recent strategies and developments:
    • 8.3.5.1Product Launches and Product Expansions:
  • 8.3.6SWOT Analysis
• 8.4Texas Instruments, Inc.
  • 8.4.1Company Overview
  • 8.4.2Financial Analysis
  • 8.4.3Segmental and Regional Analysis
  • 8.4.4Research & Development Expense
  • 8.4.5SWOT Analysis
• 8.5Microchip Technology Incorporated
  • 8.5.1Company Overview
  • 8.5.2Financial Analysis
  • 8.5.3Segmental and Regional Analysis
  • 8.5.4Research & Development Expenses
  • 8.5.5Recent strategies and developments:
    • 8.5.5.1Partnerships, Collaborations, and Agreements:
  • 8.5.6SWOT Analysis
• 8.6Infineon Technologies AG
  • 8.6.1Company Overview
  • 8.6.2Financial Analysis
  • 8.6.3Segmental and Regional Analysis
  • 8.6.4Research & Development Expense
  • 8.6.5Recent strategies and developments:
    • 8.6.5.1Product Launches and Product Expansions:
  • 8.6.6SWOT Analysis
• 8.7Intel Corporation
  • 8.7.1Company Overview
  • 8.7.2Financial Analysis
  • 8.7.3Segmental and Regional Analysis
  • 8.7.4Research & Development Expenses
  • 8.7.5Recent strategies and developments:
    • 8.7.5.1Partnerships, Collaborations, and Agreements:
    • 8.7.5.2Product Launches and Product Expansions:
  • 8.7.6SWOT Analysis
• 8.8STMicroelectronics N.V.
  • 8.8.1Company Overview
  • 8.8.2Financial Analysis
  • 8.8.3Segmental and Regional Analysis
  • 8.8.4Research & Development Expenses
  • 8.8.5Recent strategies and developments:
    • 8.8.5.1Partnerships, Collaborations, and Agreements:
    • 8.8.5.2Product Launches and Product Expansions:
    • 8.8.5.3Acquisition and Mergers:
  • 8.8.6SWOT Analysis
• 8.9Samsung Electronics Co., Ltd. (Samsung Group)
  • 8.9.1Company Overview
  • 8.9.2Financial Analysis
  • 8.9.3Segmental and Regional Analysis
  • 8.9.4Research & Development Expenses
  • 8.9.5Recent strategies and developments:
    • 8.9.5.1Partnerships, Collaborations, and Agreements:
    • 8.9.5.2Product Launches and Product Expansions:
  • 8.9.6SWOT Analysis
• 8.10.MediaTek, Inc.
  • 8.10.1Company Overview
  • 8.10.2Financial Analysis
  • 8.10.3Regional Analysis
  • 8.10.4Research & Development Expenses
  • 8.10.5Recent strategies and developments:
    • 8.10.5.1Product Launches and Product Expansions:
  • 8.10.6SWOT Analysis

Chapter 9.Winning Imperatives for IoT Chips Market