IoT Chip Market Outlook With Is Expected To Grow 14810.0 Million $ Till 2024 | Top Key Players - Intel, Qualcomm Incorporated, Nxp Semiconductors N V

The global market size is estimated to grow from USD 7950.0 Million in 2019 to USD 14810.0 Million by 2024. This report provides in depth study of "IoT Chip Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Smart Home as a Service Market report also provides an in-depth survey of key players in the market organization.

Global IoT Chip Market overview:

BusinessIndustryReports have new report spread across 96 pages is an overview of the Global IoT Chip Market Report 2020. The Global IoT Chip Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.

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The IoT Chip industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, IoT Chip market size to maintain the average annual growth rate of 0.0776456010447 from 5470.0 million $ in 2014 to 7950.0 million $ in 2019, market analysts believe that in the next few years, IoT Chip market size will be further expanded, we expect that by 2024, The market size of the IoT Chip will reach 14810.0 million $.

The Global IoT Chip Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the IoT Chip Market is sub segmented into Processor, Sensor, Connectivity Ic, Memory Device, Logic Device. Based on End Use Industry segment, the IoT Chip Market is sub segmented into Wearable Devices, Healthcare, Consumer Electronics, Building Automation, Industrial.

The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America held the largest market share of the global IoT Chip Market in 2015. The increased research and development in the field of Internet of Things and the changing lifestyle of the population are the major driving factors for the growth of the market in this region.

Some of the IoT Chip Market manufacturers involved in the market are Intel Corporation, Qualcomm Incorporated, Nxp Semiconductors N.V, Texas Instruments Incorporated, Cypress Semiconductor Corporation, Mediatek Inc, Microchip Technology Inc, Renesas Electronics Corporation, Stmicroelectronics N.V, Huawei Technologies Co., Ltd, Nvidia Corporation, Advanced Micro Devices, Inc, Samsung Electronics Co., Ltd, Acquisitions and effective mergers are some of the strategies adopted by the IoT Chip Market manufacturers. New product launches and continuous technological innovations are the IoT Chip Market strategies adopted by the major players.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Latest Industry Updates:

Intel Corporation:- Intel's Pohoiki Beach, a 64-Chip Neuromorphic System, Delivers Breakthrough Results in Research Tests:- What's New: Today, Intel announced that an 8 million-neuron neuromorphic system comprising 64 Loihi research chips -- codenamed Pohoiki Beach -- is now available to the broader research community. With Pohoiki Beach, researchers can experiment with Intel's brain-inspired research chip, Loihi, which applies the principles found in biological brains to computer architectures. Loihi enables users to process information up to 1,000 times faster and 10,000 times more efficiently than CPUs for specialized applications like sparse coding, graph search and constraint-satisfaction problems.

"We are impressed with the early results demonstrated as we scale Loihi to create more powerful neuromorphic systems. Pohoiki Beach will now be available to more than 60 ecosystem partners, who will use this specialized system to solve complex, compute-intensive problems." -Rich Uhlig, managing director of Intel Labs, Why It's Important: With the introduction of Pohoiki Beach, researchers can now efficiently scale up novel neural-inspired algorithms -- such as sparse coding, simultaneous localization and mapping (SLAM), and path planning -- that can learn and adapt based on data inputs. Pohoiki Beach represents a major milestone in Intel's neuromorphic research, laying the foundation for Intel Labs to scale the architecture to 100 million neurons later this year

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Objectives of the Study

To describe and forecast the global IoT Chip Market on the basis of Product Type, industry verticals, Channel and regions.

To forecast the IoT Chip Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

To strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market.

To provide detailed information regarding the major factors influencing the growth of the IoT Chip Market (drivers, restraints, opportunities, and challenges).

To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.

To strategically profile key players and comprehensively analyze their core competencies and positioning.

To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the IoT Chip Market.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of HD Map in these regions, from 2013 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Table of Contents:

1 IoT Chip Definition

2 Global IoT Chip Market Major Player Share and Market Overview

3 Major Player IoT Chip Business Introduction

4 Global IoT Chip Market Segmentation (Region Level)

5 Global IoT Chip Market Segmentation (Product Type Level)

6 Global IoT Chip Market Segmentation (Industry Level)

7 Global IoT Chip Market Segmentation (Channel Level)

TOC continue.............................

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