02-11-2019 04:28 PM CET - Media & Telecommunications

Industrial Internet Chip Market by Industry Vertical (Consumer Electronics, IT & Telecommunication Industrial, Automotive & Transport, Healthcare, Aerospace & Defense - Global Market Analysis and Industry Forecast, 2017-2023

Press release from: Allied Market Research

The demand for industrial internet chip technology is expected to rise globally in the next 4-5 years, owing to various factors, such as growth in needs for application-based microcontrollers, use of IPV6 addresses for better security, rise in need for wearable devices, and increase in cheaper wireless sensor networks.

The internet chip includes hardware such as processors, sensors, connectivity ICs, memory devices, and logic devices, which are used to run the internet-enabled devices. It helps connect the two worlds physical and virtual with the help of cloud connectivity. The huge R&D in this field promises for the better future with improved lifestyle.

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Industrial internet chip market is segmented based on the hardware and end user application. The market is based on its hardware is sub segmented into processor, sensor, connectivity IC, memory device, and logic device. Further, based on industry vertical, market is sub segmented into consumer electronics, IT & telecommunication industrial, automotive & transport, healthcare, aerospace & defense, and others.

Industrial Internet Chip Market Key Segmentation:

By Hardware
• Processor
• Sensor
• Connectivity IC
• Memory Device
• Logic Device

By Industry Vertical
• Consumer Electronics
• IT & Telecommunication
• Industrial
• Automotive & Transport
• Healthcare
• Aerospace & Defense
• Others

Major Players profiled in the report are ARM Ltd., Cisco Systems, Inc., Intel Corporation, General Electric, Rockwell Automation, Inc., ABB, Texas Instruments Incorporated, Dessault Systemes, Honeywell International Inc., and Huawei Technologies Co. Ltd.

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About Allied Market Research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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