세계의 IoT 칩 시장 전망(-2030년) : 유형별, 제품별, 전력 소비량별, 용도별, 지역별 분석

According to Stratistics MRC, the Global IoT Chip Market is accounted for $533.31 billion in 2024 and is expected to reach $846.30 billion by 2030 growing at a CAGR of 8.0% during the forecast period. A tiny, specialized electronic part called an IoT (Internet of Things) chip is used in IoT devices to facilitate connectivity and data exchange. These chips are crucial to the effective functioning of smart devices because they combine a number of functions, including processing, memory, and communication, into a small form factor. They make it easier for common objects to be connected to the internet, enabling data collection, real-time control, and monitoring.

According to the International Data Corporation (IDC), the global market for IoT devices is expected to grow significantly, reaching over 55.7 billion connected devices by 2025.

Market Dynamics:

Driver:

Growing uptake of smart electronics

The increasing number of wearables, connected cars, and smart homes is driving up demand for IoT chips, which allow these devices to communicate and work together. Smart lighting systems, fitness trackers, and even driverless cars are made possible by the integration of IoT chips, which enable these gadgets to gather, process, and communicate data to create more effective, efficient and customized user experiences. Moreover, the market for IoT chips is expected to grow as consumer interest in smart technology continues to rise.

Restraint:

Exorbitant development and deployment expenses

Research, development, and manufacturing costs are high when it comes to designing and producing IoT chips with cutting-edge features like high processing power and low power consumption. Deploying IoT infrastructure also necessitates spending money on software development, network infrastructure, and continuing maintenance. Additionally, small and medium-sized businesses (SMEs) and startups may find these exorbitant costs to be unaffordable, which will hinder their capacity to innovate and compete in the Internet of Things market.

Opportunity:

Development of edge computing

Reducing latency and bandwidth consumption for Internet of Things applications, edge computing brings processing power closer to the data source. Decision-making at the network's edge can happen more quickly thanks to IoT chips that have been enhanced with processing power and edge computing capabilities. Furthermore, particularly in industries that demand quick data processing and local decision-making, this trend presents opportunities for creating IoT devices that are more responsive, secure, and efficient.

Threat:

Disruptions to the supply chain

Natural disasters, geopolitical unrest, and component shortages all affect the availability and price of raw materials, semiconductors, and electronic components used in the production of Internet of Things chips, which in turn affects global supply chains. For manufacturers of IoT chips, supply chain disruptions can result in production delays, higher procurement costs, and difficulties managing inventories. Moreover, in order to ensure continuity and resilience against unanticipated disruptions, supply chain risks must be mitigated by diversifying suppliers, keeping buffer stocks, and putting agile supply chain strategies into practice.

Covid-19 Impact:

The COVID-19 pandemic caused supply chain disruptions, manufacturing operations, and worldwide demand, which had a substantial effect on the IoT chip market. The outbreak initially caused extensive production halts and delays in semiconductor fabrication facilities, which had an impact on the accessibility of chips and components for the Internet of Things. Demand for Internet of Things (IoT) devices supporting telecommuting, remote monitoring, and healthcare applications surged as businesses adopted digital solutions and remote work policies.

The System on Chip (SoC) segment is expected to be the largest during the forecast period

In the market for IoT chips, the System on Chip (SoC) segment has the largest share. SoCs combine processing, memory, networking, and frequently specialized hardware accelerators for particular tasks like AI processing or sensor interfacing onto a single chip. Moreover, SoCs are perfect for small IoT devices with low power and space requirements because of this integration, which also lowers costs and improves performance. Because of SoCs' adaptability and efficiency, the IoT chip market has grown significantly, with applications ranging from consumer electronics and smart home devices to industrial automation and healthcare.

The Connectivity Integrated Circuits (ICs) segment is expected to have the highest CAGR during the forecast period

In the IoT chip market, the connectivity integrated circuits (ICs) segment is predicted to have the highest CAGR. IoT devices can connect wirelessly to each other through connectivity integrated circuits (ICs) and protocols like Bluetooth, Wi-Fi, Zigbee and cellular networks. There is an increasing need for reliable and energy-efficient connectivity solutions as the number of connected devices in smart homes, industrial IoT, and healthcare applications keeps growing. Additionally, in IoT ecosystems, connectivity ICs are essential for facilitating real-time connectivity management, interoperability, and smooth data transmission.

Region with largest share:

Owing to its strong manufacturing capabilities, widespread adoption of IoT technologies across multiple industries, and expanding consumer electronics market, the Asia-Pacific region possesses the largest share in the global IoT chip market. With their home bases of top semiconductor manufacturers and robust government support for the development of IoT infrastructure, nations like China, Japan, South Korea, and Taiwan have played a significant role in the dominance of the region. Furthermore, the Asia-Pacific region is a key player in the global IoT chip market due to the growing investments in connected devices, smart cities, and industrial automation.

Region with highest CAGR:

The IoT chip market is growing significantly in the Europe region, which has the highest CAGR. The increasing use of IoT technologies in industries like smart cities, agriculture, and industrial automation is a defining feature of the region. The demand for cutting-edge IoT chips is being driven by the European Union's massive investments in digital transformation projects and IoT infrastructure. Moreover, strict laws pertaining to environmental sustainability and data privacy are influencing the development and implementation of IoT solutions in Europe, which in turn is affecting the market for safe and energy-efficient IoT chips.

Key players in the market

Some of the key players in IoT Chip market include MediaTek Inc, Qualcomm Incorporated, Infineon Technologies AG, Nordic Semiconductor ASA, STMicroelectronics NV, Analog Devices Inc, Marvell Technology Group Ltd., Intel Corporation, NVIDIA Corporation, Cypress Semiconductor Corporation, Renesas Electronics Corporation, Samsung Electronics Co. Ltd, TE Connectivity Ltd, Microchip Technology Inc, Huawei Technologies Co., Ltd., NXP Semiconductors N.V and Texas Instruments Incorporated.

Key Developments:

In April 2024, Huawei and EDMI announced signing a patent license agreement under fair, reasonable, and non-discriminatory (FRAND) conditions. Huawei will grant a cellular IoT Standard Essential Patents (SEPs) license, including NB-IoT, LTE-M and LTE Cat 1 to EDMI. This agreement represents recognition of the strength of Huawei's cellular IoT SEPs from industry peers. It also enables EDMI to secure its own business and provide comprehensive legal protection to its customers.

In April 2024, NVIDIA announced it has entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider. Customer AI deployments are becoming increasingly complex, with workloads distributed across cloud, edge and on-premises data center infrastructure.

In April 2024, STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, and Centrica Energy Trading A/S announced that they have signed a ten-year Power Purchase Agreement (PPA) for the supply of renewable energy to its operations in Italy. The agreement is based on the sale by Centrica of approximately 61 GWh of renewable energy per year, produced by a new solar farm in Italy.

Types Covered:

• Microcontroller Unit (MCU)
• Application-Specific Integrated Circuit (ASIC)
• Field-Programmable Gate Array (FPGA)
• System on Chip (SoC)
• Other Types

Products Covered:

• Processors
• Connectivity Integrated Circuits (ICs)
• Sensors
• Memory Devices
• Logic Devices
• Other Products

Power Consumptions Covered:

• Less than 1 W
• 1-3 W
• 3-5 W
• 5-10 W
• More than 10 W

Applications Covered:

• Wearable Devices
• Healthcare
• Consumer Electronics
• Automotive and Transportation
• Building Automation
• Manufacturing
• Retail
• BFSI
• Oil & Gas
• Agriculture
• Aerospace and Defense
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • 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 2022, 2023, 2024, 2026, and 2030
• 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
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • 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 Application 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 Type

• 5.1 Introduction
• 5.2 Microcontroller Unit (MCU)
• 5.3 Application-Specific Integrated Circuit (ASIC)
• 5.4 Field-Programmable Gate Array (FPGA)
• 5.5 System on Chip (SoC)
• 5.6 Other Types

6 Global IoT Chip Market, By Product

• 6.1 Introduction
• 6.2 Processors
• 6.3 Connectivity Integrated Circuits (ICs)
• 6.4 Sensors
• 6.5 Memory Devices
• 6.6 Logic Devices
• 6.7 Other Products

7 Global IoT Chip Market, By Power Consumption

• 7.1 Introduction
• 7.2 Less than 1 W
• 7.3 1-3 W
• 7.4 3-5 W
• 7.5 5-10 W
• 7.6 More than 10 W

8 Global IoT Chip Market, By Application

• 8.1 Introduction
• 8.2 Wearable Devices
• 8.3 Healthcare
• 8.4 Consumer Electronics
• 8.5 Automotive and Transportation
• 8.6 Building Automation
• 8.7 Manufacturing
• 8.8 Retail
• 8.9 BFSI
• 8.10 Oil & Gas
• 8.11 Agriculture
• 8.12 Aerospace and Defense
• 8.13 Other Applications

9 Global IoT Chip Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 MediaTek Inc
• 11.2 Qualcomm Incorporated
• 11.3 Infineon Technologies AG
• 11.4 Nordic Semiconductor ASA
• 11.5 STMicroelectronics NV
• 11.6 Analog Devices Inc
• 11.7 Marvell Technology Group Ltd.
• 11.8 Intel Corporation
• 11.9 NVIDIA Corporation
• 11.10 Cypress Semiconductor Corporation
• 11.11 Renesas Electronics Corporation
• 11.12 Samsung Electronics Co. Ltd
• 11.13 TE Connectivity Ltd
• 11.14 Microchip Technology Inc
• 11.15 Huawei Technologies Co., Ltd.
• 11.16 NXP Semiconductors N.V.
• 11.17 Texas Instruments Incorporated