The IoT Chip Market in Transportation is estimated at US$352.503 billion in 2025 and is anticipated to grow at a CAGR of 7.62%, attaining US$508.950 billion by 2030.
The integration of IoT with artificial intelligence (AI), predictive analytics, and big data is revolutionizing fleet management, enhancing road safety, and mitigating traffic congestion. Road accidents, which claim 1.5 million lives annually (WHO) and cost nations 3% of their GDP, are being addressed through IoT innovations. For instance, the U.S. Department of Transportation collaborates with automakers to integrate IoT technologies aimed at reducing crashes by 80%. Declining costs of IoT components, improved internet connectivity, and investments in smart city projects further propel market growth.
The integration of IoT with artificial intelligence (AI), predictive analytics, and big data is revolutionizing fleet management, enhancing road safety, and mitigating traffic congestion. Road accidents, which claim 1.5 million lives annually (WHO) and cost nations 3% of their GDP, are being addressed through IoT innovations. For instance, the U.S. Department of Transportation collaborates with automakers to integrate IoT technologies aimed at reducing crashes by 80%. Declining costs of IoT components, improved internet connectivity, and investments in smart city projects further propel market growth.
Key Market Drivers
- Energy Efficiency Demands: Rising energy consumption and environmental concerns are accelerating IoT adoption for optimizing route management, reducing fuel use, and lowering carbon emissions.
- E-Commerce and Global Trade: The surge in international trade and online retail is driving IoT demand for logistics, particularly in warehouse management. IoT enables real-time monitoring of inventory, equipment performance, and environmental conditions, minimizing operational risks and delays.
- Technological Advancements: Innovations in mobile computing, 5G connectivity, and cloud-based data analytics are enhancing IoT applications in transportation, from predictive maintenance to fleet tracking.
Regional Outlook
- Asia-Pacific (APAC) is poised to lead the market, fueled by smart city initiatives and transportation digitization. Projects like DHL’s SmarTrucking in India - equipping trucks with IoT sensors for route optimization and real-time tracking - exemplify this trend, aiming to deploy 10,000 IoT-enabled trucks by 2028. Additionally, APAC’s dominance in electric vehicle (EV) production, particularly in China, Japan, India, and South Korea, is spurring IoT integration for EV connectivity and efficiency.
Reasons for buying this report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The IoT chip market in transportation has been segmented as following:
- By Connectivity
- Cellular
- Wi-Fi
- Bluetooth
- ZigBee
- NFC
- MQQT
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. IOT CHIP MARKET IN TRANSPORTATION BY CONNECTIVITY
6. IOT CHIP MARKET IN TRANSPORTATION BY GEOGRAPHY
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
8. COMPANY PROFILES
Companies Mentioned
- Intel Corporation
- Qualcomm Technologies, Inc.
- Texas Instruments Incorporated
- Infineon Technologies AG
- NXP Semiconductors
- Silicon Laboratories Inc.
- Analog Devices, Inc.
- STMicroelectronics
- Renesas Electronics Corporation
- Nordic Semiconductor
- Advanced Micro Devices, Inc.
- Robert Bosch GmbH
- Amazon Web Services, Inc.
- Telit Cinterion
- SAMSUNG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | December 2024 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 352.5 Billion |
| Forecasted Market Value ( USD | $ 508.95 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
