Global IoT Chip Supply, Demand and Key Producers, 2026-2032
Description
The global IoT Chip market size is expected to reach $ 190450 million by 2032, rising at a market growth of 15.1% CAGR during the forecast period (2026-2032).
An IoT chip is a small electronic device embedded in objects, machines, and electronic devices. It connects to wireless networks and sends and receives data. Sometimes referred to as a "radio chip", the IoT chip contains the same technology and data circuits found in mobile phones (but without a display or a keypad). Recent computing systems contain electric mechanisms which are called as chipsets, and this embodies an assembly of combined circuits relied widely on various consumer electronic devices that include smartphones, tablet, computers, as well as wearable technology. Chipsets are designed to work with a certain set of microprocessors and often projected for a definite purpose or device.
In 2024, global IoT Chip sales volume reached approximately 20.4 billion units, with an average global market price of around 3US$ per unit.
The proliferation of smart home appliances, wearable devices, and consumer electronics has accelerated demand for IoT chips. Devices like smart speakers, fitness trackers, connected appliances, and security systems all rely on IoT chips for processing, sensing, and wireless connectivity. Rising consumer preference for convenience, automation, and remote control is a major driver of this market.
The rapid integration of IoT in industrial settings—often called Industry 4.0—is a major growth engine. IoT chips enable predictive maintenance, real-time monitoring, robotics, and automation in factories. Manufacturers adopt IoT solutions to increase efficiency, reduce downtime, and cut operational costs, which fuels the demand for high-performance and low-power IoT chips.
Governments and municipalities worldwide are investing in smart city projects to enhance urban living. Applications like smart lighting, traffic monitoring, waste management, energy-efficient utilities, and public safety systems rely on IoT chips for data sensing, processing, and connectivity. This large-scale deployment of IoT infrastructure is driving massive chip demand.
The healthcare sector is increasingly adopting connected medical devices, wearables, and remote monitoring systems to improve patient care and reduce hospital visits. IoT chips power devices like connected insulin pumps, ECG monitors, and telehealth equipment. The COVID-19 pandemic further accelerated the demand for remote patient monitoring, reinforcing healthcare as a major IoT growth driver.
The automotive industry is undergoing a major transformation with the rise of connected and autonomous vehicles. IoT chips enable functions such as vehicle-to-everything (V2X) communication, navigation, infotainment, telematics, and advanced driver assistance systems (ADAS). As cars evolve into smart mobility platforms, IoT chips are becoming essential components in modern vehicles.
This report studies the global IoT Chip production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for IoT Chip and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of IoT Chip that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global IoT Chip total production and demand, 2021-2032, (M Units)
Global IoT Chip total production value, 2021-2032, (USD Million)
Global IoT Chip production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Units), (based on production site)
Global IoT Chip consumption by region & country, CAGR, 2021-2032 & (M Units)
U.S. VS China: IoT Chip domestic production, consumption, key domestic manufacturers and share
Global IoT Chip production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Units)
Global IoT Chip production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
Global IoT Chip production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
This report profiles key players in the global IoT Chip market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Intel, NVIDIA, Qualcomm, Samsung Electronics, HiSilicon (Huawei Technologies), Microchip Technology, Texas Instruments, Advanced Micro Devices, NXP Semiconductors, Mediatek, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World IoT Chip market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global IoT Chip Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global IoT Chip Market, Segmentation by Type:
Processor
Sensor
Connectivity IC
Memory Device
Logic Device
Global IoT Chip Market, Segmentation by Application:
Consumer Electronics
Building Automation
Industrial
Automotive & Transportation
Healthcare
Agriculture
Others
Companies Profiled:
Intel
NVIDIA
Qualcomm
Samsung Electronics
HiSilicon (Huawei Technologies)
Microchip Technology
Texas Instruments
Advanced Micro Devices
NXP Semiconductors
Mediatek
Infineon Technologies
STMicroelectronics
Marvell Technology
Key Questions Answered:
1. How big is the global IoT Chip market?
2. What is the demand of the global IoT Chip market?
3. What is the year over year growth of the global IoT Chip market?
4. What is the production and production value of the global IoT Chip market?
5. Who are the key producers in the global IoT Chip market?
6. What are the growth factors driving the market demand?
An IoT chip is a small electronic device embedded in objects, machines, and electronic devices. It connects to wireless networks and sends and receives data. Sometimes referred to as a "radio chip", the IoT chip contains the same technology and data circuits found in mobile phones (but without a display or a keypad). Recent computing systems contain electric mechanisms which are called as chipsets, and this embodies an assembly of combined circuits relied widely on various consumer electronic devices that include smartphones, tablet, computers, as well as wearable technology. Chipsets are designed to work with a certain set of microprocessors and often projected for a definite purpose or device.
In 2024, global IoT Chip sales volume reached approximately 20.4 billion units, with an average global market price of around 3US$ per unit.
The proliferation of smart home appliances, wearable devices, and consumer electronics has accelerated demand for IoT chips. Devices like smart speakers, fitness trackers, connected appliances, and security systems all rely on IoT chips for processing, sensing, and wireless connectivity. Rising consumer preference for convenience, automation, and remote control is a major driver of this market.
The rapid integration of IoT in industrial settings—often called Industry 4.0—is a major growth engine. IoT chips enable predictive maintenance, real-time monitoring, robotics, and automation in factories. Manufacturers adopt IoT solutions to increase efficiency, reduce downtime, and cut operational costs, which fuels the demand for high-performance and low-power IoT chips.
Governments and municipalities worldwide are investing in smart city projects to enhance urban living. Applications like smart lighting, traffic monitoring, waste management, energy-efficient utilities, and public safety systems rely on IoT chips for data sensing, processing, and connectivity. This large-scale deployment of IoT infrastructure is driving massive chip demand.
The healthcare sector is increasingly adopting connected medical devices, wearables, and remote monitoring systems to improve patient care and reduce hospital visits. IoT chips power devices like connected insulin pumps, ECG monitors, and telehealth equipment. The COVID-19 pandemic further accelerated the demand for remote patient monitoring, reinforcing healthcare as a major IoT growth driver.
The automotive industry is undergoing a major transformation with the rise of connected and autonomous vehicles. IoT chips enable functions such as vehicle-to-everything (V2X) communication, navigation, infotainment, telematics, and advanced driver assistance systems (ADAS). As cars evolve into smart mobility platforms, IoT chips are becoming essential components in modern vehicles.
This report studies the global IoT Chip production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for IoT Chip and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of IoT Chip that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global IoT Chip total production and demand, 2021-2032, (M Units)
Global IoT Chip total production value, 2021-2032, (USD Million)
Global IoT Chip production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Units), (based on production site)
Global IoT Chip consumption by region & country, CAGR, 2021-2032 & (M Units)
U.S. VS China: IoT Chip domestic production, consumption, key domestic manufacturers and share
Global IoT Chip production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Units)
Global IoT Chip production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
Global IoT Chip production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
This report profiles key players in the global IoT Chip market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Intel, NVIDIA, Qualcomm, Samsung Electronics, HiSilicon (Huawei Technologies), Microchip Technology, Texas Instruments, Advanced Micro Devices, NXP Semiconductors, Mediatek, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World IoT Chip market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global IoT Chip Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global IoT Chip Market, Segmentation by Type:
Processor
Sensor
Connectivity IC
Memory Device
Logic Device
Global IoT Chip Market, Segmentation by Application:
Consumer Electronics
Building Automation
Industrial
Automotive & Transportation
Healthcare
Agriculture
Others
Companies Profiled:
Intel
NVIDIA
Qualcomm
Samsung Electronics
HiSilicon (Huawei Technologies)
Microchip Technology
Texas Instruments
Advanced Micro Devices
NXP Semiconductors
Mediatek
Infineon Technologies
STMicroelectronics
Marvell Technology
Key Questions Answered:
1. How big is the global IoT Chip market?
2. What is the demand of the global IoT Chip market?
3. What is the year over year growth of the global IoT Chip market?
4. What is the production and production value of the global IoT Chip market?
5. Who are the key producers in the global IoT Chip market?
6. What are the growth factors driving the market demand?
Table of Contents
119 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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