PUBLISHER: KBV Research | PRODUCT CODE: 1473166
PUBLISHER: KBV Research | PRODUCT CODE: 1473166
Europe 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 Europe IoT Chips Market would witness market growth of 10.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe IoT Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $65,195 million by 2031. The UK market is exhibiting a CAGR of 9.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.5% during (2024 - 2031).
IoT chips are integrated into automotive systems for vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) connectivity, and in-car entertainment systems. These chips support GPS navigation, telematics, driver assistance, remote diagnostics, and over-the-air software updates, increasing automobile safety, efficiency, and user experience. These chips power various applications in smart city initiatives, including smart meters, intelligent traffic management systems, environmental monitoring sensors, and public safety surveillance cameras. These chips enable city authorities to collect real-time data, optimize urban infrastructure, reduce energy consumption, and enhance public services for residents.
In retail environments, these chips are used in inventory tracking systems, RFID tags, and smart shelves to monitor product availability, streamline inventory management, and enhance the shopping experience. These chips enable retailers to automate stock replenishment, prevent stockouts, and analyze consumer behavior for targeted marketing campaigns. IoT chips are deployed in smart grid systems, smart meters, and energy monitoring devices to monitor electricity consumption, optimize energy distribution, and support renewable energy integration. These chips enable utilities and consumers to track energy usage in real-time, implement demand response programs, and reduce energy costs.
The financial services industry in the United Kingdom prioritizes data security and privacy since financial transactions and client information are sensitive. The UK is a global leader in fintech innovation and digital banking services, with an expanding network of financial institutions, startups, and tech companies propelling the financial services sector's digital transformation. The adoption of smart payment solutions and contactless payment technologies is on the rise in the UK, driven by consumer preferences for convenience, speed, and security in payment transactions. According to the UK Government, the UK's financial services sector is one of the world's most open, innovative, and dynamic. The United Kingdom represents 11% of the global fintech industry. It is home to an estimated 2,500 fintech companies, with six of the top ten in London. Thus, all these factors will uplift the regional market's expansion in the coming years.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe IoT Chips Market, by Hardware
- 1.4.2Europe IoT Chips Market, by Vertical
- 1.4.3Europe 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.Europe IoT Chips Market by Hardware
- 5.1Europe Processor Market by Country
- 5.2Europe Sensor Market by Country
- 5.3Europe Connectivity IC Market by Country
- 5.4Europe Memory Device Market by Country
- 5.5Europe Logic Device Market by Country
- 5.6Europe Others Market by Country
Chapter 6.Europe IoT Chips Market by Vertical
- 6.1Europe Industrial Market by Country
- 6.2Europe Consumer Electronics Market by Country
- 6.3Europe Automotive Market by Country
- 6.4Europe Healthcare Market by Country
- 6.5Europe Retail Market by Country
- 6.6Europe BFSI Market by Country
- 6.7Europe Others Market by Country
Chapter 7.Europe IoT Chips Market by Country
- 7.1Germany IoT Chips Market
- 7.1.1Germany IoT Chips Market by Hardware
- 7.1.2Germany IoT Chips Market by Vertical
- 7.2UK IoT Chips Market
- 7.2.1UK IoT Chips Market by Hardware
- 7.2.2UK IoT Chips Market by Vertical
- 7.3France IoT Chips Market
- 7.3.1France IoT Chips Market by Hardware
- 7.3.2France IoT Chips Market by Vertical
- 7.4Russia IoT Chips Market
- 7.4.1Russia IoT Chips Market by Hardware
- 7.4.2Russia IoT Chips Market by Vertical
- 7.5Spain IoT Chips Market
- 7.5.1Spain IoT Chips Market by Hardware
- 7.5.2Spain IoT Chips Market by Vertical
- 7.6Italy IoT Chips Market
- 7.6.1Italy IoT Chips Market by Hardware
- 7.6.2Italy IoT Chips Market by Vertical
- 7.7Rest of Europe IoT Chips Market
- 7.7.1Rest of Europe IoT Chips Market by Hardware
- 7.7.2Rest of Europe 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 1Europe IoT Chips Market, 2020 - 2023, USD Million
- TABLE 2Europe 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 6Europe IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 7Europe IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 8Europe Processor Market by Country, 2020 - 2023, USD Million
- TABLE 9Europe Processor Market by Country, 2024 - 2031, USD Million
- TABLE 10Europe Sensor Market by Country, 2020 - 2023, USD Million
- TABLE 11Europe Sensor Market by Country, 2024 - 2031, USD Million
- TABLE 12Europe Connectivity IC Market by Country, 2020 - 2023, USD Million
- TABLE 13Europe Connectivity IC Market by Country, 2024 - 2031, USD Million
- TABLE 14Europe Memory Device Market by Country, 2020 - 2023, USD Million
- TABLE 15Europe Memory Device Market by Country, 2024 - 2031, USD Million
- TABLE 16Europe Logic Device Market by Country, 2020 - 2023, USD Million
- TABLE 17Europe Logic Device Market by Country, 2024 - 2031, USD Million
- TABLE 18Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 19Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 20Europe IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 21Europe IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 22Europe Industrial Market by Country, 2020 - 2023, USD Million
- TABLE 23Europe Industrial Market by Country, 2024 - 2031, USD Million
- TABLE 24Europe Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 25Europe Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 26Europe Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 27Europe Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 28Europe Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 29Europe Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 30Europe Retail Market by Country, 2020 - 2023, USD Million
- TABLE 31Europe Retail Market by Country, 2024 - 2031, USD Million
- TABLE 32Europe BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 33Europe BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 34Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 35Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 36Europe IoT Chips Market by Country, 2020 - 2023, USD Million
- TABLE 37Europe IoT Chips Market by Country, 2024 - 2031, USD Million
- TABLE 38Germany IoT Chips Market, 2020 - 2023, USD Million
- TABLE 39Germany IoT Chips Market, 2024 - 2031, USD Million
- TABLE 40Germany IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 41Germany IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 42Germany IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 43Germany IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 44UK IoT Chips Market, 2020 - 2023, USD Million
- TABLE 45UK IoT Chips Market, 2024 - 2031, USD Million
- TABLE 46UK IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 47UK IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 48UK IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 49UK IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 50France IoT Chips Market, 2020 - 2023, USD Million
- TABLE 51France IoT Chips Market, 2024 - 2031, USD Million
- TABLE 52France IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 53France IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 54France IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 55France IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 56Russia IoT Chips Market, 2020 - 2023, USD Million
- TABLE 57Russia IoT Chips Market, 2024 - 2031, USD Million
- TABLE 58Russia IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 59Russia IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 60Russia IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 61Russia IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 62Spain IoT Chips Market, 2020 - 2023, USD Million
- TABLE 63Spain IoT Chips Market, 2024 - 2031, USD Million
- TABLE 64Spain IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 65Spain IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 66Spain IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 67Spain IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 68Italy IoT Chips Market, 2020 - 2023, USD Million
- TABLE 69Italy IoT Chips Market, 2024 - 2031, USD Million
- TABLE 70Italy IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 71Italy IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 72Italy IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 73Italy IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 74Rest of Europe IoT Chips Market, 2020 - 2023, USD Million
- TABLE 75Rest of Europe IoT Chips Market, 2024 - 2031, USD Million
- TABLE 76Rest of Europe IoT Chips Market by Hardware, 2020 - 2023, USD Million
- TABLE 77Rest of Europe IoT Chips Market by Hardware, 2024 - 2031, USD Million
- TABLE 78Rest of Europe IoT Chips Market by Vertical, 2020 - 2023, USD Million
- TABLE 79Rest of Europe IoT Chips Market by Vertical, 2024 - 2031, USD Million
- TABLE 80key information - Analog Devices, Inc.
- TABLE 81Key Information - Qualcomm Incorporated
- TABLE 82Key Information - NXP Semiconductors N.V.
- TABLE 83Key Information - Texas Instruments, Inc.
- TABLE 84Key Information - Microchip Technology Incorporated
- TABLE 85Key Information - Infineon Technologies AG
- TABLE 86Key Information - Intel Corporation
- TABLE 87Key Information - STMicroelectronics N.V.
- TABLE 88Key Information - Samsung Electronics Co., Ltd.
- TABLE 89Key Information - MediaTek, Inc.
