The IoT Semiconductor Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the IoT Semiconductor Market?
The market size of the IoT semiconductor industry has seen significant expansion in the past few years. Its value is predicted to increase from $513.70 billion in 2024 to $600.38 billion in 2025, which represents a compound annual growth rate (CAGR) of 16.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the IoT Semiconductor Industry?
The IoT Semiconductor Global Market Report expects the market size to reach $1,105.48 billion in 2029. Additionally, the market is predicting a compound annual growth rate (CAGR) of 16.5%.
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What are the Key Growth Drivers Fueling the IoT Semiconductor Market?
The key drivers in the IoT Semiconductor market are:
• Rising need for energy-efficient semiconductor solutions
• Growing demand for low-power devices
• Widespread adoption of edge computing and deployment of specialized semiconductor components
• Increasing interconnection of devices due to advancement in wireless communication technologies and integration of IoT technology.
Global Market Segmentation: Identifying Major IoT Semiconductor Industry Segments
The iot semiconductor market covered in this report is segmented –
1) By Type: Internet Of Things Sensors, Internet Of Things Processors, Internet Of Things Chips, Other Types
2) By Product: Connectivity Integrated Circuits (ICs), Logic Devices, Memory Devices, Processors, Other Products
3) By End-User: Banking, Financial Services, And Insurance, Healthcare, Retail, Manufacturing, Information Technology And Telecommunications, Other End-Users
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What are the Emerging Trends Shaping the Future of the IoT Semiconductor Market?
The key trends in the IoT Semiconductor market are:
• The advancement of wireless communication technologies is a crucial trend shaping the future of the IoT semiconductor market.
• The development of low-power semiconductors promises to have a significant impact on the market.
• The integration of IoT technology into various devices is another emerging trend.
• The incorporation of artificial intelligence and machine learning into semiconductors is also shaping the future of the sector.
Who Are the Top Competitors & Leading Players in the IoT Semiconductor Market?
Major companies in the IoT Semiconductor market are:
• Samsung Electronics Co. Ltd.
• Sony Semiconductor Solutions Corporation
• Taiwan Semiconductor Manufacturing Company Limited
• Qualcomm Technologies Inc.
• Toshiba Electronic Devices And Storage Corporation
• Infineon Technologies AG
• NXP Semiconductors N.V
• Analog Devices Inc.
• Renesas Electronics Corporation
• Seiko Epson Corporation
• ON Semiconductor Corporation
• Skyworks Solutions Inc.
• Realtek Semiconductor Corporation
• Nordic Semiconductor ASA
• Semtech Corporation
• Polar Semiconductor Inc.
• Ambiq Micro Inc.
• Kudelski Group
• InnoPhase Inc.
• Open Automation Software LLC
Regional Dominance: Which Area Leads the Global IoT Semiconductor Market?
North America was the largest region in the iot semiconductor market in 2024
