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Asia Pacific IoT Chips Market Size, Share & Trends Analysis Report By Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others), By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 151 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5967363
The Asia Pacific IoT Chips Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific IoT Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $88,470.5 million by 2031. The Japan market is registering a CAGR of 10.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 12.3% during (2024 - 2031).



Edge computing is increasingly emphasized in IoT applications, where data processing and analysis occur closer to the data source, like IoT devices or sensors. Edge computing reduces latency, bandwidth usage, and reliance on cloud services, making IoT systems more responsive, efficient, and scalable. These chips with built-in processing capabilities are essential for enabling edge computing functionalities. These chips increasingly incorporate AI (Artificial Intelligence) and machine learning capabilities to enable advanced analytics, predictive maintenance, anomaly detection, and decision-making at the edge.

Protecting privacy and security within IoT ecosystems becomes increasingly critical as interconnected devices grow. These chips are equipped with hardware-based security features, such as cryptographic accelerators, secure enclaves, and hardware-based root of trust, to protect data integrity, authenticate devices, and prevent unauthorized access or tampering. Secure-by-design IoT chips are crucial for building trust and mitigating cybersecurity risks in IoT deployments.

China’s rapid urbanization has led to the development of smart cities to improve urban living standards, enhance sustainability, and optimize resource management. China’s commitment to environmental sustainability and energy efficiency drives the demand for these chips that enable smart and green solutions. As urbanization progresses and consumer preferences shift towards smart and connected lifestyles, the demand for these chips in China is expected to grow. As per the State Council of China, urbanization has accelerated rapidly throughout China in recent years, with the National Bureau of Statistics estimating that the rate increased to 64.72 percent last year. As of the end of 2022, 914 million people were living in cities, an increase of 12.05 million from 2021. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.

Based on Hardware, the market is segmented into Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others. Based on Vertical, the market is segmented into Industrial, Consumer Electronics, Automotive, Healthcare, Retail, BFSI and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Samsung Electronics Co., Ltd. (Samsung Group)
  • STMicroelectronics N.V.
  • Analog Devices, Inc.
  • NXP Semiconductors N.V.
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Intel Corporation
  • MediaTek, Inc.
  • Texas Instruments, Inc.
  • Infineon Technologies AG
  • Microchip Technology Incorporated

Market Report Segmentation

By Hardware
  • Processor
  • Sensor
  • Connectivity IC
  • Memory Device
  • Logic Device
  • Others
By Vertical
  • Industrial
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Retail
  • BFSI
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific IoT Chips Market, by Hardware
1.4.2 Asia Pacific IoT Chips Market, by Vertical
1.4.3 Asia Pacific IoT Chips Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun - 2024, Apr) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific IoT Chips Market by Hardware
5.1 Asia Pacific Processor Market by Country
5.2 Asia Pacific Sensor Market by Country
5.3 Asia Pacific Connectivity IC Market by Country
5.4 Asia Pacific Memory Device Market by Country
5.5 Asia Pacific Logic Device Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific IoT Chips Market by Vertical
6.1 Asia Pacific Industrial Market by Country
6.2 Asia Pacific Consumer Electronics Market by Country
6.3 Asia Pacific Automotive Market by Country
6.4 Asia Pacific Healthcare Market by Country
6.5 Asia Pacific Retail Market by Country
6.6 Asia Pacific BFSI Market by Country
6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific IoT Chips Market by Country
7.1 China IoT Chips Market
7.1.1 China IoT Chips Market by Hardware
7.1.2 China IoT Chips Market by Vertical
7.2 Japan IoT Chips Market
7.2.1 Japan IoT Chips Market by Hardware
7.2.2 Japan IoT Chips Market by Vertical
7.3 India IoT Chips Market
7.3.1 India IoT Chips Market by Hardware
7.3.2 India IoT Chips Market by Vertical
7.4 South Korea IoT Chips Market
7.4.1 South Korea IoT Chips Market by Hardware
7.4.2 South Korea IoT Chips Market by Vertical
7.5 Australia IoT Chips Market
7.5.1 Australia IoT Chips Market by Hardware
7.5.2 Australia IoT Chips Market by Vertical
7.6 Malaysia IoT Chips Market
7.6.1 Malaysia IoT Chips Market by Hardware
7.6.2 Malaysia IoT Chips Market by Vertical
7.7 Rest of Asia Pacific IoT Chips Market
7.7.1 Rest of Asia Pacific IoT Chips Market by Hardware
7.7.2 Rest of Asia Pacific IoT Chips Market by Vertical
Chapter 8. Company Profiles
8.1 Analog Devices, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 NXP Semiconductors N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Texas Instruments, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Microchip Technology Incorporated
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Infineon Technologies AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Intel Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 STMicroelectronics N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Samsung Electronics Co., Ltd. (Samsung Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. MediaTek, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis

Companies Mentioned

  • Samsung Electronics Co., Ltd. (Samsung Group)
  • STMicroelectronics N.V.
  • Analog Devices, Inc.
  • NXP Semiconductors N.V.
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Intel Corporation
  • MediaTek, Inc.
  • Texas Instruments, Inc.
  • Infineon Technologies AG
  • Microchip Technology Incorporated

Methodology

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