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Wireless System-on-Chip (SoC) for IoT Device Market Research Report 2023 - valuates Reports

07-31-2023 12:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Wireless System-on-Chip (SoC) for IoT Device market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Wireless System-on-Chip (SoC) for IoT Device market research.

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Key manufacturers engaged in the Wireless System-on-Chip (SoC) for IoT Device industry include Infineon Technologies AG, Nordic Semiconductor, Renesas, TI, STMicroelectronics, Microchip, Silicon Labs, Toshiba and Qualcomm, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Wireless System-on-Chip (SoC) for IoT Device production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Wireless System-on-Chip (SoC) for IoT Device were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Wireless System-on-Chip (SoC) for IoT Device market and estimated to attract more attentions from industry insiders and investors.

advantages over the other, less integrated options. The structural requirements of multi-chip implementations, for instance, necessitate extensive supplier sourcing, which raises manufacturing costs above those of SoCs. In order to make sure that all of the components are properly arranged to work together, multi-chip options also require more time during the research and development phase, which further lengthens the time it takes for a product to reach the market. On the other hand, SoC-based devices are much simpler to manufacture from conception to completion because they only need one core to operate, significantly reducing a product's time to market and preserving battery life that would otherwise be depleted by additional communication between multiple ICs.

Segment by Type
-WiFi Type
-Bluetooth/BLE Type
-NB-IoT Type
-ZigBee Type
-LoRa Type
-Others

Segment by Application
-Commerical IoT
-Industrial IoT
-Others

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Similar Report -

https://reports.valuates.com/market-reports/QYRE-Auto-0G2276/global-wireless-soc

https://reports.valuates.com/market-reports/QYRE-Auto-L394/global-iot-fleet-management

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