Low Power Wireless IoT System-on-Chip Market size is estimated to be USD 3.45 Billion in 2024 and is expected to reach USD 9.68 Billion by 2033 at a CAGR of 12.2% from 2026 to 2033.
The global Low Power Wireless IoT System on Chip market was valued at approximately USD 3.25 billion in 2022 and is projected to reach USD 9.15 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2030. This growth is driven by the increasing adoption of IoT devices across various sectors, including smart homes, industrial automation, and healthcare. In North America, early adoption of IoT technologies and a well established ecosystem of solution providers have contributed to a significant market share. Europe also holds a substantial portion, supported by initiatives like the European Unions Green Deal, which promotes energy efficient technologies. The Asia Pacific region is expected to witness substantial growth during the forecast period, driven by increasing investments in smart city projects, industrial automation, and the rapid growth of the IoT market. Opportunities in the Low Power Wireless IoT System on Chip market are expanding, particularly in sectors such as smart agriculture, healthcare monitoring, and industrial automation. The demand for energy efficient and cost effective IoT connectivity solutions is propelling the development of low power wireless SoCs, enabling devices to operate with minimal power consumption while maintaining reliable and secure connectivity. Additionally, the growing number of smart devices, which often use small amounts of data and are located in challenging signal areas, presents a promising opportunity to fuel market expansion. As industries continue to prioritize energy efficiency and seamless connectivity, the market for low power wireless IoT System on Chip solutions is poised for significant advancement.
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Qualcomn
Beijing Ziguang Zhanrui Technology
Intel
Samsung
TI
Goodix Technology
Renesas
Broadcom
Realtek
Telink-semi
Nordic Semiconductor
Hisilicon
MediaTek
Sony
ASR Microelectronics
Xinyi Semi
Eigencomm
Nordic
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Low Power Wireless IoT System-on-Chip Market
Smart Home Devices
Wearable Technologies
Smart Agriculture
Industrial Automation
Healthcare Monitoring
Bluetooth Low Energy (BLE)
LoRaWAN
Zigbee
Sigfox
NB-IoT (Narrowband IoT)
Microcontrollers
Microprocessors
System on Chip (SoC)
RF Transceivers
Power Management ICs
Consumer Electronics
Healthcare Providers
Industrial Players
Agricultural Firms
Transportation and Logistics
Short-Range Connectivity
Long-Range Connectivity
Cellular Connectivity
Satellite Connectivity
Mesh Networking
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Low Power Wireless IoT System-on-Chip Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Low Power Wireless IoT System-on-Chip Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Low Power Wireless IoT System-on-Chip Market, By Type
6. Global Low Power Wireless IoT System-on-Chip Market, By Application
7. Global Low Power Wireless IoT System-on-Chip Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Low Power Wireless IoT System-on-Chip Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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