The document discusses the IOT chip market. It begins by defining IOT and chipsets, noting that chipsets are designed to work with specific microprocessors and devices. It then states that growth in healthcare and automotive sectors is driving demand for IOT chips. Restricted throughput and high pricing are hindering market growth. The largest IOT chip markets are in North America, Western Europe, and Asia Pacific countries like China, India, and South Korea. Major players in the IOT chip market include AMD, ARM Holdings, Texas Instruments, and Intel.

1. IOT or Internet on Thing is a smart device embedded with software or electronics
that helps in exchange and collection of data. It is also referred as the infrastructure
of the information society. Recent computing systems contain electric mechanisms
which are called as chipsets, and this embodies an assembly of combined circuits
relied widely on various consumer electronic devices that include smartphones,
tablet, computers, as well as wearable technology. Chipsets are designed to work
with a certain set of microprocessors and often projected for a definite purpose or
device.
IOT Chip Market: Market Dynamics and Restraints
Majorly, growth in healthcare and automotive sector is directly driving the market of
IOT Chip market globally. Growth in the new segment of the transportation and
automotive domain is driving the demand; the new segment includes an addition of
connected car product line which adheres intelligent transportation system (ITS)
with the advancement of Internet on Thing (IOT) technology. The retail industry is
forecasted to overtake the market of IOT while becoming the leading industry in IOT
usage. The other key factors that lift the market growth of IOT Chip worldwide is its
capacity to process and manage an enormous amount of data which is generated
by the devices or gadgets. Also, it is a protected, and adhere nonvolatile memory
(NVM) for code storage, device configuration, sensor trimming, security keys, as
well as stand by other storage functions which are essential during processing and
execution of data produced from IOT devices. Chipset which is specifically designed
for IOT system adheres different factor that is finest energy efficiency.
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Although demand and necessity of IOT Chip in the varied applications of several
industries ranging from automotive to pharmacy can be seen significantly, factors
such as restricted throughput and high pricing of IOT Chip technology are acting as
the main hindrance to the IOT Chip market growth to a certain extent.
IOT Chip Market: Regional Outlook
Regarding geography, the global IOT chip market has been categorized into seven
key regions including North and Latin America, Eastern Europe, Western Europe,
Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The IOT chip
market is globally expected to register healthy CAGR during the forecast period.
Due to the presence of large number of IOT Chip market players in the U.S and
Canada, and huge practice of IOT chips in the automotive, electronics and health
care sector escalates the demand of IOT Chip in North America by making it a
leading region in IOT chip market worldwide. The second leading region is Western
Europe in which countries such as Germany, France, Italy, and U.K practices IOT

2. technologies in various industries. Countries like China, India, and South Korea are
becoming emerging market in IOT Chip making Asia Pacific Excluding Japan fastest
developing region for IOT Chip market space, this is because of the high industrial
growth of automotive, pharmaceutical and retail domain. The Middle East and Africa
are anticipated to grow at a healthy growth rate.
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IOT Chip Market Players
Some of the players of global IOT Chip market are AMD, Whiznets, Arduino, Texas
Instruments, ARM Holdings PLC., Cypress Semiconductor, Atmel Corporation,
Electric Imp, Marvell Technology Group, and Freescale Semiconductor (NXP
Semiconductors) among others. Other companies are Intel, MediaTek Inc., Microchip
Technology Inc., Qualcomm, Nvidia, Renesas Electronics, Samsung Electronics,
Silicon Labs, Semtech, and STMicroelectronics and others.
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