$525.4 Billion Worldwide IoT Chip Industry to 2025 - Featuring Nordic Semiconductor, Gainspan & Expressif Systems Among Others
DUBLIN, July 7, 2020 /PRNewswire/ -- The "IoT Chip Market with COVID-19 Impact Analysis by Hardware (Processor, Connectivity IC, Sensor, Memory Device and Logic Device), Power Consumption, End-use Application (Wearable Devices, Consumer Electronics, Building Automation and Retail) and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The IoT chip market was valued at USD 370.9 billion in 2019 and is projected to reach USD 525.4 billion by 2025; it is expected to grow at a CAGR of 6.0% from 2020 to 2025.
Consumer electronics end-use application is expected to hold the largest market share during the forecast period
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