+15% CAGR to Be Achieved by IoT Chip Market According Market Research Analysis and Industry Forecast

Pune, India -- (SBWire) -- 01/30/2018 --The IoT chip market is expected to grow at a CAGR of +15% from 2018 to 2023.

The market has a huge potential across various industry verticals such as retail and automotive & transportation. The major factor driving the IoT chip market is the increasing demand for application-specific MCUs and flexible SoC-type designs. Additionally, large investments by the industry giants in IoT to introduce new IoT-based products would create demand for more IoT chips.

The IoT chip market is expected to be valued at USD 14 Billion by 2023.

The study presents a qualitative and quantitative analysis of the market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted. The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the Global IoT Chip Market or aspiring to enter it.

Companies Profiled In This Report:
Intel, Qualcomm, NXP Semiconductors, Texas Instruments, Cypress Semiconductor, Mediatek, Microchip Technology, Renesas Electronics, Stmicroelectronics, Stmicroelectronics, Nvidia, Advanced Micro Devices, Samsung Electronics

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IoT chip market for memory devices expected to witness highest growth during the forecast period
The IoT chip market for memory devices is expected to grow at the highest rate during the forecast period. As a huge amount of data is generated from IoT devices, there would be high requirement of processors to process and manage this data. Also, low-cost, secure, and embedded nonvolatile memory (NVM) for code storage, sensor trimming, device configuration, security keys, and other storage functions would be in demand while processing and executing the data generated from these IoT devices. Hence, this would drive the growth of memory devices in the IoT chip market.

Marketing strategies and marketing channels adopted by key companies are highlighted in the report. Corporations are concentrating on improving direct and indirect advertising strategies and develop various promotion channels, brand strategies, and pricing strategies. This statistical surveying report finds that major corporations functioning in the Global IoT Chip Market are concentrating on acquiring a few startup companies in the near future. With this, the key companies will get a chance to focus on adopting new trends and innovations in the market products. Additionally, by merging with startups, leading companies are aiming to maintain their dominance in the global market.

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Reason to Access Global IoT Chip Market Research Report:
Analysis of Global IoT Chip Market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations. Through qualitative and quantitative analysis of key factors which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research is been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.

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Table of Contents:
Global IoT Chip Market Research Report 2017
Chapter 1: Global IoT Chip Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global IoT Chip Market Forecast

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