PUBLISHER: KBV Research | PRODUCT CODE: 1473151
PUBLISHER: KBV Research | PRODUCT CODE: 1473151
North America IoT Chips Market Size, Share & Trends Analysis Report By Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others), By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America IoT Chips Market would witness market growth of 10.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America IoT Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $259,077 million by 2031. The Canada market is experiencing a CAGR of 13% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12% during (2024 - 2031).
IoT chips power smart home devices such as thermostats, lighting systems, security cameras, door locks, and appliances. These chips enable remote monitoring and control of home devices through smartphones or voice assistants, enhancing convenience, energy efficiency, and security for homeowners. In manufacturing and industrial settings, these chips are used in machinery, equipment, and sensors to collect data on machine performance, production efficiency, and supply chain logistics. IIoT applications enable predictive maintenance, real-time monitoring, and optimization of industrial processes, leading to cost savings and improved productivity.
IoT chips are crucial in wearable health devices, remote patient monitoring systems, and medical implants. These chips collect and transmit vital signs, biometric data, and patient health information to healthcare providers, facilitating personalized care, early disease detection, and chronic condition management. These chips are utilized in precision agriculture systems, crop monitoring sensors, and livestock tracking devices. These chips gather data on soil moisture, temperature, humidity, crop growth, and animal behavior, enabling farmers to make data-driven decisions, optimize resource usage, and improve crop yields.
Mexico has a well-established manufacturing ecosystem with expertise in automotive, electronics, aerospace, and other industries. Mexico is experiencing increasing demand for IoT solutions across various industries, like automotive, healthcare, agriculture, and smart cities. Mexican manufacturers increasingly adopt Industry 4.0 principles and digital transformation initiatives to enhance competitiveness and productivity. Mexico has a growing start-up ecosystem focused on technology innovation and entrepreneurship. Start-ups and technology companies in Mexico are developing IoT solutions tailored to market needs, including smart agriculture, e-commerce, logistics, and healthcare. Hence, the factors mentioned above will drive the regional market growth.
Based on Hardware, the market is segmented into Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others. Based on Vertical, the market is segmented into Industrial, Consumer Electronics, Automotive, Healthcare, Retail, BFSI and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Samsung Electronics Co., Ltd. (Samsung Group)
- STMicroelectronics N.V.
- Analog Devices, Inc.
- NXP Semiconductors N.V.
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Intel Corporation
- MediaTek, Inc.
- Texas Instruments, Inc.
- Infineon Technologies AG
- Microchip Technology Incorporated
North America IoT Chips Market Report Segmentation
By Hardware
- Processor
- Sensor
- Connectivity IC
- Memory Device
- Logic Device
- Others
By Vertical
- Industrial
- Consumer Electronics
- Automotive
- Healthcare
- Retail
- BFSI
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America IoT Chips Market, by Hardware
- 1.4.2North America IoT Chips Market, by Vertical
- 1.4.3North America IoT Chips Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.3Market Share Analysis, 2023
- 4.4Top Winning Strategies
- 4.4.1Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun - 2024, Apr) Leading Players
- 4.5Porter Five Forces Analysis
Chapter 5.North America IoT Chips Market by Hardware
- 5.1North America Processor Market by Country
- 5.2North America Sensor Market by Country
- 5.3North America Connectivity IC Market by Country
- 5.4North America Memory Device Market by Country
- 5.5North America Logic Device Market by Country
- 5.6North America Others Market by Country
Chapter 6.North America IoT Chips Market by Vertical
- 6.1North America Industrial Market by Country
- 6.2North America Consumer Electronics Market by Country
- 6.3North America Automotive Market by Country
- 6.4North America Healthcare Market by Country
- 6.5North America Retail Market by Country
- 6.6North America BFSI Market by Country
- 6.7North America Others Market by Country
Chapter 7.North America IoT Chips Market by Country
- 7.1US IoT Chips Market
- 7.1.1US IoT Chips Market by Hardware
- 7.1.2US IoT Chips Market by Vertical
- 7.2Canada IoT Chips Market
- 7.2.1Canada IoT Chips Market by Hardware
- 7.2.2Canada IoT Chips Market by Vertical
- 7.3Mexico IoT Chips Market
- 7.3.1Mexico IoT Chips Market by Hardware
- 7.3.2Mexico IoT Chips Market by Vertical
- 7.4Rest of North America IoT Chips Market
- 7.4.1Rest of North America IoT Chips Market by Hardware
- 7.4.2Rest of North America IoT Chips Market by Vertical
Chapter 8.Company Profiles
- 8.1Analog Devices, Inc.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Regional Analysis
- 8.1.4Research & Development Expenses
- 8.1.5Recent strategies and developments:
- 8.1.5.1Product Launches and Product Expansions:
- 8.1.6SWOT Analysis
- 8.2Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expense
- 8.2.5Recent strategies and developments:
- 8.2.5.1Product Launches and Product Expansions:
- 8.2.6SWOT Analysis
- 8.3NXP Semiconductors N.V.
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5Recent strategies and developments:
- 8.3.5.1Product Launches and Product Expansions:
- 8.3.6SWOT Analysis
- 8.4Texas Instruments, Inc.
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5SWOT Analysis
- 8.5Microchip Technology Incorporated
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
- 8.5.5.1Partnerships, Collaborations, and Agreements:
- 8.5.6SWOT Analysis
- 8.6Infineon Technologies AG
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5Recent strategies and developments:
- 8.6.5.1Product Launches and Product Expansions:
- 8.6.6SWOT Analysis
- 8.7Intel Corporation
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
- 8.7.5Recent strategies and developments:
- 8.7.5.1Partnerships, Collaborations, and Agreements:
- 8.7.5.2Product Launches and Product Expansions:
- 8.7.6SWOT Analysis
- 8.8STMicroelectronics N.V.
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expenses
- 8.8.5Recent strategies and developments:
- 8.8.5.1Partnerships, Collaborations, and Agreements:
- 8.8.5.2Product Launches and Product Expansions:
- 8.8.5.3Acquisition and Mergers:
- 8.8.6SWOT Analysis
- 8.9Samsung Electronics Co., Ltd. (Samsung Group)
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expenses
- 8.9.5Recent strategies and developments:
- 8.9.5.1Partnerships, Collaborations, and Agreements:
- 8.9.5.2Product Launches and Product Expansions:
- 8.9.6SWOT Analysis
- 8.10.MediaTek, Inc.
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional Analysis
- 8.10.4Research & Development Expenses
- 8.10.5Recent strategies and developments:
- 8.10.5.1Product Launches and Product Expansions:
- 8.10.6SWOT Analysis
LIST OF TABLES
- TABLE 1North America IoT Chips Market, 2020 - 2023, USD Million
- TABLE 2North America IoT Chips Market, 2024 - 2031, USD Million
- TABLE 3Partnerships, Collaborations and Agreements- IoT Chips Market
- TABLE 4Product Launches And Product Expansions- IoT Chips Market
- TABLE 5Acquisition and Mergers- IoT Chips Market
- TABLE 6North America IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 7North America IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 8North America Processor Market by Country, 2020 - 2023, USD Million
- TABLE 9North America Processor Market by Country, 2024 - 2031, USD Million
- TABLE 10North America Sensor Market by Country, 2020 - 2023, USD Million
- TABLE 11North America Sensor Market by Country, 2024 - 2031, USD Million
- TABLE 12North America Connectivity IC Market by Country, 2020 - 2023, USD Million
- TABLE 13North America Connectivity IC Market by Country, 2024 - 2031, USD Million
- TABLE 14North America Memory Device Market by Country, 2020 - 2023, USD Million
- TABLE 15North America Memory Device Market by Country, 2024 - 2031, USD Million
- TABLE 16North America Logic Device Market by Country, 2020 - 2023, USD Million
- TABLE 17North America Logic Device Market by Country, 2024 - 2031, USD Million
- TABLE 18North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 19North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 20North America IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 21North America IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 22North America Industrial Market by Country, 2020 - 2023, USD Million
- TABLE 23North America Industrial Market by Country, 2024 - 2031, USD Million
- TABLE 24North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 25North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 26North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 27North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 28North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 29North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 30North America Retail Market by Country, 2020 - 2023, USD Million
- TABLE 31North America Retail Market by Country, 2024 - 2031, USD Million
- TABLE 32North America BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 33North America BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 34North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 35North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 36North America IoT Chips Market by Country, 2020 - 2023, USD Million
- TABLE 37North America IoT Chips Market by Country, 2024 - 2031, USD Million
- TABLE 38US IoT Chips Market, 2020 - 2023, USD Million
- TABLE 39US IoT Chips Market, 2024 - 2031, USD Million
- TABLE 40US IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 41US IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 42US IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 43US IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 44Canada IoT Chips Market, 2020 - 2023, USD Million
- TABLE 45Canada IoT Chips Market, 2024 - 2031, USD Million
- TABLE 46Canada IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 47Canada IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 48Canada IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 49Canada IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 50Mexico IoT Chips Market, 2020 - 2023, USD Million
- TABLE 51Mexico IoT Chips Market, 2024 - 2031, USD Million
- TABLE 52Mexico IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 53Mexico IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 54Mexico IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 55Mexico IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 56Rest of North America IoT Chips Market, 2020 - 2023, USD Million
- TABLE 57Rest of North America IoT Chips Market, 2024 - 2031, USD Million
- TABLE 58Rest of North America IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 59Rest of North America IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 60Rest of North America IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 61Rest of North America IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 62key information - Analog Devices, Inc.
- TABLE 63Key Information - Qualcomm Incorporated
- TABLE 64Key Information - NXP Semiconductors N.V.
- TABLE 65Key Information - Texas Instruments, Inc.
- TABLE 66Key Information - Microchip Technology Incorporated
- TABLE 67Key Information - Infineon Technologies AG
- TABLE 68Key Information - Intel Corporation
- TABLE 69Key Information - STMicroelectronics N.V.
- TABLE 70Key Information - Samsung Electronics Co., Ltd.
- TABLE 71Key Information - MediaTek, Inc.
