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Industrial Internet Chip Market by Hardware (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device) and by Industry Vertical (Consumer Electronics, IT & Telecommunication Industrial, Automotive & Transport, Healthcare, Aerospace & Defense, a

10-14-2020 02:16 PM CET | Media & Telecommunications

Press release from: Allied Analytics LLP

Industrial Internet Chip Market by Hardware (Processor,

The huge R&D in this field promises for the better future with improved lifestyle. 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.

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.

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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.

However, risk regarding privacy and security of user data restrain the growth of the market. Moreover, government initiatives for promotion globally is expected to open new opportunities in the market.

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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.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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