Iot Chipset Market Demand, Trends and Share Analysis 2034
Global IoT Chipset Market Growth, Size, Trends Analysis - By Product, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2025 | Report ID: SEMI2540 | Pages: 1 - 250 | Formats*: |
| Category : Semiconductor and Electronics | |||
Global IoT Chipset Market Introduction and Overview
According to SPER Market Research, the Global IoT Chipset Market is estimated to reach USD 1241.69 billion by 2034 with a CAGR of 9.56%.
The report includes an in-depth analysis of the Global IoT Chipset Market, including market size and trends, product mix, Applications, and supplier analysis. The market is being fueled by the growing demand for connected devices, accelerated urbanization, and the pursuit of efficient, cost-effective solutions. The rise of smart homes, cities, and industrial applications has significantly increased the need for IoT-enabled devices, which depend on advanced processing power, memory, and connectivity. Furthermore, the demand for real-time data analysis and processing is driving the adoption of IoT chips equipped with advanced features like artificial intelligence (AI), machine learning (ML), and edge computing. The growing use of smart home devices, wearables, and industrial IoT is driving the need for efficient, versatile IoT chips that provide essential connectivity, processing, and energy efficiency. As interconnectivity expands, demand for advanced IoT chips is set to increase.
By Type:
The connectivity ICs segment leads the market due to its critical role in enabling seamless, reliable, and energy-efficient communication in IoT systems. These ICs support various wireless protocols like Wi-Fi, Bluetooth, and cellular, allowing devices to connect and exchange data effectively. Meanwhile, the sensors segment is expected to grow rapidly, driven by rising IoT adoption across industries. Sensors enable real-time data collection, improve decision-making, and benefit from advances in miniaturization, accuracy, and energy efficiency, enhancing overall IoT system performance.
By End Use:
In 2024, the consumer electronics segment held the largest market share, driven by the widespread incorporation of IoT technology in smart devices. IoT functionalities have become essential in products such as smartphones, smart speakers, home appliances, and wearables. These devices utilize IoT chips to support features like remote control, data monitoring, and seamless connectivity, improving user convenience and experience. The rising demand for smart, interconnected gadgets and a tech-savvy consumer base has significantly boosted IoT chip adoption in this segment.
By Regional Insights
North America held the largest revenue share in 2024, driven by strong demand for connected devices across consumer electronics, healthcare, industrial automation, and smart city projects. The region’s emphasis on innovation and technological progress continues to support market expansion. Leading companies like Intel and Texas Instruments are pioneering advanced IoT chip technologies, including efficient processors, improved connectivity, advanced sensors, and innovative memory solutions. Meanwhile, the Asia-Pacific region is expected to see significant growth, fueled by ongoing advancements in processor technology that enhance the performance and efficiency of IoT devices across multiple industries.
Market Competitive Landscape
The market for Global IoT Chipset Market is highly consolidated. Some of the key market players are Qualcomm Technologies Inc., Intel Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, NXP Semiconductors N.V., Samsung Electronics Co. Ltd., Analog Devices Inc., MediaTek Inc., Microchip Technology Inc., Infineon Technologies AG.
Recent Developments:
In April 2024, Qualcomm Technologies Inc. introduced a new ultra-low power Wi-Fi IoT chip designed to rival Bluetooth technology. This chip addresses key challenges in power efficiency and connectivity for IoT devices, delivering longer battery life and improved performance across a broad spectrum of connected applications.
In May 2023, Intel Corporation launched the Agilex 7 featuring the R-Tile chipset, marking the debut of the first FPGA to support both CXL and PCIe 5.0. This innovation makes it the only FPGA with integrated IP support for these advanced interfaces.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By End Use |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Qualcomm Technologies Inc., Intel Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, NXP Semiconductors N.V., Samsung Electronics Co. Ltd., Analog Devices Inc., MediaTek Inc., Microchip Technology Inc., Infineon Technologies AG. |
Key Topics Covered in the Report
- Global IoT Chipset Market Size (FY’2021-FY’2034)
- Overview of Global IoT Chipset Market
- Segmentation of Global IoT Chipset Market By Product (Connectivity Integrated Circuits (ICs), Logic Devices, Memory Devices, Processors, Sensors)
- Segmentation of Global IoT Chipset Market By End-use (Consumer Electronics, Wearable Devices, Automotive & Transportation, BFSI, Healthcare, Retail, Building Automation, Oil & Gas, Agriculture, Aerospace & Defense, Others)
- Statistical Snap of Global IoT Chipset Market
- Expansion Analysis of Global IoT Chipset Market
- Problems and Obstacles in Global IoT Chipset Market
- Competitive Landscape in the Global IoT Chipset Market
- Details on Current Investment in Global IoT Chipset Market
- Competitive Analysis of Global IoT Chipset Market
- Prominent Players in the Global IoT Chipset Market
- SWOT Analysis of Global IoT Chipset Market
- Global IoT Chipset Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global IoT Chipset Market Size Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global IoT Chipset Market
7.Global IoT Chipset Market, By Product 2021-2034 (USD Million)
7.1.Connectivity Integrated Circuits (ICs)7.2.Logic Devices7.3.Memory Devices7.4.Processors7.5.Sensors
7.5.1.Temperature Sensors7.5.2.Motion Sensors7.5.3.Light Sensors7.5.4.Others
8.Global IoT Chipset Market, By End-use 2021-2034 (USD Million)
8.1.Consumer Electronics8.2.Wearable Devices8.3.Automotive & Transportation8.4.BFSI8.5.Healthcare8.6.Retail8.7.Building Automation8.8.Oil & Gas8.9.Agriculture8.10.Aerospace & Defense8.11.Others
9.Global IoT Chipset Market 2021-2034 (USD Million)
9.1.Global IoT Chipset Market Size and Market Share
10.Global IoT Chipset Market, By Region, 2021-2034 (USD Million)
10.1.Asia-Pacific
10.1.1.Australia10.1.2.China10.1.3.India10.1.4.Japan10.1.5.South Korea10.1.6.Rest of Asia-Pacific
10.2.Europe
10.2.1.France10.2.2.Germany10.2.3.Italy10.2.4.Spain10.2.5.United Kingdom10.2.6.Rest of Europe
10.3.Middle East and Africa
10.3.1.Kingdom of Saudi Arabia10.3.2.United Arab Emirates10.3.3.Qatar10.3.4.South Africa10.3.5.Egypt10.3.6.Morocco10.3.7.Nigeria10.3.8.Rest of Middle-East and Africa
10.4.North America
10.4.1.Canada10.4.2.Mexico10.4.3.United States
10.5.Latin America
10.5.1.Argentina10.5.2.Brazil10.5.3.Rest of Latin America
11.Company Profile
11.1.Qualcomm Technologies Inc.
11.1.1.Company details11.1.2.Financial outlook11.1.3.Product summary11.1.4.Recent developments
11.2.Intel Corporation
11.2.1.Company details11.2.2.Financial outlook11.2.3.Product summary11.2.4.Recent developments
11.3.STMicroelectronics N.V
11.3.1.Company details11.3.2.Financial outlook11.3.3.Product summary11.3.4.Recent developments
11.4.Texas Instruments Incorporated
11.4.1.Company details11.4.2.Financial outlook11.4.3.Product summary11.4.4.Recent developments
11.5.NXP Semiconductors N.V.
11.5.1.Company details11.5.2.Financial outlook11.5.3.Product summary11.5.4.Recent developments
11.6.Samsung Electronics Co. Ltd.
11.6.1.Company details11.6.2.Financial outlook11.6.3.Product summary11.6.4.Recent developments
11.7.Analog Devices Inc
11.7.1.Company details11.7.2.Financial outlook11.7.3.Product summary11.7.4.Recent developments
11.8.MediaTek Inc.
11.8.1.Company details11.8.2.Financial outlook11.8.3.Product summary11.8.4.Recent developments
11.9.Microchip Technology Inc.
11.9.1.Company details11.9.2.Financial outlook11.9.3.Product summary11.9.4.Recent developments
11.10.Infineon Technologies AG
11.10.1.Company details11.10.2.Financial outlook11.10.3.Product summary11.10.4.Recent developments
11.11.Others
12.Conclusion
13.List of Abbreviations
14.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Iot Chipset Market is covered By Product, By End Use
Iot Chipset Market size is USD 1241.69 billion from 2025 to 2034.
Iot Chipset Market is projected to reach USD 1241.69 billion by 2034, growing at a CAGR of of 9.56% during the forecast period.
Iot Chipset Market grew in Market size from 2025. The Market is expected to reach USD 1241.69 billion by 2034, at a CAGR of 9.56% during the forecast period.
Iot Chipset Market CAGR of 9.56% during the forecast period.
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The North America is anticipated to have the highest Market share in the Iot Chipset Market.
Qualcomm Technologies Inc., Intel Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, NXP Semiconductors N.V., Samsung Electronics Co. Ltd., Analog Devices Inc., MediaTek Inc., Microchip Technology Inc., Infineon Technologies AG.
The report includes an in-depth analysis of the Global Iot Chipset Market, including market size and trends, product mix, Applications, and supplier analysis.
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