Lucintel’s latest market report analyzed that IoT chip provides attractive opportunities in the automotive, consumer electronics, healthcare, manufacturing, and retail industries. The IoT chip market is expected to grow at a CAGR of 12% to 14%. In this market, consumer electronics is the largest segment by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/iot-chip-market.aspx Based on end use industry, the IoT chip market is segmented into automotive, consumer electronics, healthcare, manufacturing, retail, and others. The consumer electronics segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to increasing number of smart appliances that can connect to the Internet and smartphones and the growth of the IoT technology.
Browse in-depth TOC on “IoT Chip Market”
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The IoT Chip Market is marked by the presence of several big and small players. Some of the prominent players offering IoT chip include Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, NXP Semiconductors N.V., MediaTek Inc., Marvell Technology Group Ltd., Microchip Technology Inc., Cypress Semiconductor Corporation, Renesas Electronics Corporation, Huawei Tech.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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