Technology
AI is Transforming the IoT Chip Market, Expected Growth of USD 10.37 Billion from 2023 to 2027 Driven by Rising Smart Devices and Applications
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2 years agoon
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NEW YORK, Sept. 26, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global iot chip market size is estimated to grow by USD 10.37 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 13.59% during the forecast period. Increasing number of smart devices and applications is driving market growth, with a trend towards introduction of nb-iot technology. However, privacy and security concerns poses a challenge. Key market players include Advanced Micro Devices Inc., Analog Devices Inc., Arduino Srl, Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corp., Marvell Technology Inc., MediaTek Inc., Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Park Ohio Holdings Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Silicon Laboratories Inc., SoftBank Group Corp., STMicroelectronics NV, Texas Instruments Inc., and Twilio Inc..
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Forecast period
2023-2027
Base Year
2022
Historic Data
2017 – 2021
Segment Covered
Application (Smart cities, Industrial ethernet, Smart wearables, Connected vehicles, and Connected homes), Type (Logic devices, Sensors, Processors, Connectivity integrated circuits, and Memory devices), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
Region Covered
APAC, North America, Europe, South America, and Middle East and Africa
Key companies profiled
Advanced Micro Devices Inc., Analog Devices Inc., Arduino Srl, Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corp., Marvell Technology Inc., MediaTek Inc., Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Park Ohio Holdings Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Silicon Laboratories Inc., SoftBank Group Corp., STMicroelectronics NV, Texas Instruments Inc., and Twilio Inc.
Key Market Trends Fueling Growth
The introduction of NB-IoT technology in the IoT chip market has significantly expanded the use of IoT-based chipsets. NB-IoT is a wireless technology that operates on the Low Power Wide Area (LPWA) network and is distinct from LTE-based hardware. This technology trend is expected to positively impact the IoT market. Factors such as the deployment of a wide area network, increased power efficiency, absence of a gateway for NB-IoT use, cost savings, reliability, and connection to a wide range of frequencies are driving the adoption of NB-IoT. NB-IoT allows devices with small form factors and sensors to connect to a licensed narrow bandwidth and transfer data at higher rates. For instance, LTE has a link budget of 142.7 dB, and GPRS has a link budget of 144 dB. An NB-IoT system has a link budget of 164 dB, providing a 20 dB margin for better battery life and data latency. NB-IoT also enables mobile communication devices to reuse older technologies and offers growth opportunities for emerging and newer technologies in the market. This technology has encouraged end-users to utilize IoT in various sectors, including agriculture and automotive, and will become a major driver for the global IoT chip market in the future.
The IoT chip market is surging with trends like encryption security keys for data protection, energy conservation through smart meters and HVAC controls, and security system improvements for connected homes and businesses. NXP Semiconductors, Intel Corporation, and Texas Instruments Incorporated lead the charge with energy-efficient chips for smart home appliances, inventory management, and supply chain management. Real-time advertising, analytics-based decisions, and digital signage rely on IoT devices’ connectivity and networking protocols. Vulnerabilities in software and cyberattacks demand low-power security chips. Energy consumption and miniaturization of chips are crucial for automotive and healthcare applications. IoT connections require networking and supply chain shortages call for connectivity competence. IoT devices in consumer electronics, automotive, and healthcare industries need energy efficiency and security to thrive.
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Market Challenges
The Internet of Things (IoT) market is witnessing significant growth as various devices, such as connected home appliances and cars, become interconnected. This technology allows users to access information from anywhere and at any time through the cloud. However, the implementation of IoT raises privacy and security concerns. An IoT device consists of three layers: transport, network, and physical. Each layer is vulnerable to attacks, with the physical layer being the most dangerous as it involves accessing the device to extract sensitive information. The network layer, which is crucial due to its features like low power consumption and high-speed Internet, can be attacked by misconfiguring routing or analyzing data traffic. The rise of IoT has led to the generation of vast amounts of data, enabling edge devices to work according to users’ preferences. Smart devices collect personal information and provide targeted advertisements and application options based on this data, leading to privacy concerns. Factors contributing to these issues include a lack of secure configuration, unsecured software updates, and the absence of privacy and security regulations. The low priority given to security solutions by governments and companies further hinders the adoption of IoT devices. Misconfigured networks can expose information to outsiders, while unsecured software updates can provide entry points for hackers. The lack of regulations increases the risk of attacks and decreases user trust. To mitigate these concerns, it is essential to prioritize security and privacy in IoT device design and implementation.The IoT chip market is experiencing significant growth due to the increasing demand for automated processes, machine-to-machine connections, and embedded sensors in various industries. However, challenges such as movement restrictions and logistics chains disruptions have affected the semiconductor manufacturing facilities of companies like Western Digital Corporation. To address these issues, IoT chip providers like Cyient and WiSig Networks are developing wireless chip solutions for domestic automation and logistics, warehousing, and manufacturing. Predictive maintenance and data analytics are also crucial for factory efficiency and economic times. IoT chips are used in smart cameras, connected devices, and building automation applications, including intelligent transportation systems, connected cars, and wearables. Memory devices, logic devices, and application-specific or general-purpose MCUs are essential semiconductor products for these applications. Ensuring data confidentiality is vital for the IoT chip market’s growth, with connectivity ICs and edge devices playing a significant role in cloud services. The market for IoT chips in energy management, medical applications, and real-time sensors is also expanding with the increasing internet penetration.
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Segment Overview
This iot chip market report extensively covers market segmentation by
Application 1.1 Smart cities1.2 Industrial ethernet1.3 Smart wearables1.4 Connected vehicles1.5 Connected homesType 2.1 Logic devices2.2 Sensors2.3 Processors2.4 Connectivity integrated circuits2.5 Memory devicesGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa
1.1 Smart cities- The IoT chip market is experiencing growth due to the increasing adoption of smart city initiatives worldwide. Smart cities integrate various information and communication technologies into urban infrastructure, requiring connectivity solutions such as IoT chipsets. Factors like the implementation of smart grid technologies, Wi-Fi availability, and mobile application landscapes contribute to designating a city as smart. Cities like Singapore, London, and Barcelona are leading the way. The US, in collaboration with Intel, is implementing Intel’s IoT chip for its smart city initiatives. In San Jose, this collaboration aims to create a sustainability lens for the city, measuring air and noise pollution and managing traffic flow and energy consumption. IoT devices and technologies, including chipsets, are integral to this project. The growth of the global IoT chip market is driven by the increasing number of smart city projects in developing economies, advancements in Wi-Fi technologies, and the extensive use of Wi-Fi and the Internet. Key players like IBM, Microsoft, Cisco Systems, and Schneider Electric are contributing to the development of smart cities through initiatives and IT solutions. Smart meters, a significant contributor to the growth of this segment, record utility consumption levels and send data to utility companies for monitoring and billing. Smart grids, which require numerous smart meters, are electrical grids equipped with computational intelligence and network capabilities. Chipset manufacturers are developing chips with efficient communication technologies to support the growth of smart meters and grids. Government agencies and utility companies are replacing traditional meters with smart meters, with Great Britain introducing 34.8 million smart meters by 2023. The growing popularity of smart meters will further drive the development of smart grid projects.
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Research Analysis
The IoT chip market is experiencing rapid growth due to the increasing number of IoT connections and devices across various industries such as healthcare, consumer electronics, automotive, and building automation. IoT devices require connectivity competence, networking protocols, and low-power security chips to ensure efficient communication and data transfer. The market for IoT chips includes memory devices, logic devices, and connectivity ICs. Vulnerabilities in IoT devices have become a major concern, necessitating the development of advanced embedded technologies and security solutions. The healthcare sector is expected to witness significant growth in the IoT chip market due to the integration of wearables and smart consumer devices. Automotive applications, including connected cars and intelligent transportation systems, are also driving demand for IoT chips. Energy efficiency is a key consideration in the design of IoT chips for applications such as smart HVAC controls and vending machines. NXP Semiconductors, Intel Corporation, and Texas Instruments Incorporated are major players in the IoT chip market, offering innovative solutions to meet the demands of the digital infrastructure.
Market Research Overview
The IoT chip market is experiencing significant growth due to the increasing number of IoT devices in various industries such as healthcare, consumer electronics, automotive, and manufacturing. The demand for connectivity competence, networking protocols, and low-power security chips is driving the market. However, vulnerabilities, including software and cyberattacks, and supply chain shortages due to movement restrictions, are challenges. The chip requirement for miniaturization of chips, energy consumption, and security are key considerations. The healthcare sector is leveraging IoT for predictive maintenance, data analytics, and smart devices. Consumer electronics are seeing growth in smart home appliances, wearables, and connected devices. Automotive applications include connected cars and intelligent transportation systems. The manufacturing sector benefits from automated processes, logistics chains, and real-time sensors. The Economic Times reported on Western Digital Corporation’s semiconductor manufacturing facilities producing wireless chip solutions for various IoT applications. Cyient, WiSig Networks, and Koala NB-IoT SoC are contributing to the market with their RAIN RFID providers, logistics, and warehousing solutions. Smart cameras, memory devices, logic devices, and application-specific MCUs are essential components in building automation applications, connected cars, and edge devices. Cloud services, data confidentiality, and energy conservation are crucial for IoT security and efficiency. Smart meters, security system improvements, and power consumption are critical areas of focus in the energy sector. The wearables segment, connectivity ICs, and smart consumer devices are driving growth in the energy management market. The increasing Internet penetration and the demand for energy efficiency are fueling the growth of IoT chips. NXP Semiconductors, Intel Corporation, and Texas Instruments Incorporated are major players in the market. The market is expected to grow further with the integration of real-time advertising, analytics-based decisions, and digital signage in vending machines.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationSmart CitiesIndustrial EthernetSmart WearablesConnected VehiclesConnected HomesTypeLogic DevicesSensorsProcessorsConnectivity Integrated CircuitsMemory DevicesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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BEIJING, Oct. 18, 2026 /PRNewswire/ — An interview from China.org.cn with Wang Xiaohui and David Ferguson on the Long March:
David Ferguson:
This is the Yudu River. One dusk in October, 1934, more than 86,000 soldiers of the Red Army crossed this river and embarked on the Long March, a two-year saga that has left its mark in history.
Yet, lingering here by the river, I am struck by a simple question: If you have faith in a bright future, and reality seems to thwart you at every turn, where do you find the moral strength to keep believing?
Wang Xiaohui:
At dusk on Oct. 17, 1934, an army of more than 86,000 troops gathered along the banks of the Yudu River. Over 800 boats of all sizes floated on the water, bound together with planks collected from villagers’ home gates, timber beams, and even coffin boards reserved for elderly locals. The people of Yudu built this pontoon bridge, determined to help the army led by the Communist Party of China (CPC) cross the river.
At that time, no one knew that the great expedition embarked upon by the banks of the Yudu River would go on to transform China and exert far-reaching influence across the world.
China in the 1920s and 1930s was plagued by chaos and despair.
The Kuomintang (KMT), the ruling party back then, was not capable of unifying the nation, leaving warlords locked in endless fighting. In 1931, Japanese invaders launched an assault on northeastern China, beginning their invasion. Crushed under domestic turbulence and foreign aggression, countless civilians were displaced, with many even starving to death on the streets; in certain regions, severe drought resulted in zero harvests, yet the farmers were forced to pay land taxes assessed for more than a decade into the future.
Amid this turmoil, the only glimmer of hope for the Chinese nation was kindled by the revolution ignited by the Communist Party of China.
The CPC, dedicated to winning liberation for the people and national independence, built contingents of workers’ and peasants’ Red Army troops and revolutionary base areas across the countryside. Impoverished farmers were granted land ownership, as well as unprecedented political dignity. On Nov. 7, 1931, the Chinese Soviet Republic was officially proclaimed in Ruijin, then a small village in southeastern China’s Jiangxi Province, establishing a Soviet system under which workers, peasants and soldiers elected representatives to run regional affairs and make policies.
The communist ideal of a fair society free from exploitation and equality for all blazed like a spark in the darkness; it kindled hopes among impoverished Chinese and became the wellspring of faith that enabled the Red Army — a force made up of poor workers and peasants — to overcome all hardships in the days to come.
Yet, bright as the spark was, it burned thin and fragile at times. Could this flame still endure when the ideals it carried were repeatedly battered by harsh reality?
In September 1933, flocks of warplanes clouded the skies over the Red Army’s revolutionary base areas. By then, Japanese invaders were steadily advancing towards North China, but Chiang Kai-shek’s KMT turned a blind eye to the looming national crisis. They mobilized over a million troops and more than 200 aircraft to launch a massive offensive at the Red Army’s base areas. Over the previous three years, Chiang Kai-shek had mounted four major military “encirclement” campaigns aimed at exterminating the Red Army, but all ended in failure. He was desperate for a pivotal victory to restore his prestige and to wipe out the CPC and the Red Army.
At the time, the commander of the Red Army abandoned mobile warfare tactics pioneered by Mao Zedong and other commanders, opting instead for rigid positional warfare involving conventional head-on clashes. But the reality was, some Red Army units didn’t even possess a single light machine gun; how could they confront the heavily-armed KMT army head-on?
Zhong Ming, a Red Army medic, could never erase the memories of gravely wounded soldiers being carried to his aid station. He remembered how a soldier whose chest was blown open begged his comrades to end his life. At the frontline, a whole battalion of Red Army soldiers religiously followed orders to defend crude earth-and-wood bunkers, but under the constant barrage of KMT artillery and airstrikes, every soldier in the battalion laid down their lives; not a single man survived.
What’s more heart-wrenching is that no matter how fearlessly the Red Army fought, the steep imbalance in military strength, paired with erroneous military command led to irreversible losses. By October 1934, the KMT’s iron-clad encirclement closed menacingly around Ruijin.
Faced with this dead-end, what decision would you make?
This stood as the most agonizing decision for the Red Army. The biggest challenge lay not in sacrificing one’s life for an ideal, but in finding a way to keep the revolutionary cause alive.
To stay meant defeat — the Red Army had no room to maneuver within the Central Revolutionary Base Area. To break through the encirclement, however slim the odds, offered a fighting chance. Preserving the Red Army as a living force mattered much more than clinging to isolated strongholds. Where the spark survives, the path ahead remains lit.
The air already turned chilly in October. Units of the Central Red Army assembled in Yudu to prepare for a strategic shift. The plan was kept strictly classified; none of the soldiers knew they were evacuating the base areas, only sensing an unusual vibe.
At dusk on Oct. 17, crowds lined up at the Yudu riverbank. Tens of thousands of villagers flocked from every corner to see the Red Army off. They walked alongside the marching columns, slipping food like eggs and glutinous rice balls into the soldiers’ pockets, praying for their swift homecoming.
The main force of the Central Red Army set off. Within days, they left behind revolutionary base areas where they had survived, grown and taken root. No one anticipated that the journey they embarked on would become the Long March, a trek spanning over 10 provinces. Still less could anyone imagine that this journey would ultimately pave the way for a brand-new China.
Looking back on this chapter of history, many claim that the Red Army only set out on this expedition because the enemies left them no other choice. To a degree, yes, the Long March was indeed a forced strategic shift, yet this fact does nothing to diminish its greatness and glory.
The ordinary Red Army soldiers had no idea how far they would march, or where they were heading. But they clung firmly to their founding mission: to deliver liberation for the people and independence to the nation. This unswerving conviction kept them from disintegrating through countless perils, sustaining them as they marched into the unknown with resolve.
David Ferguson:
I now realize that faith and ideals untested by harsh reality may have no true substance.
Since its founding, the Communist Party of China has always upheld the realization of communism as its fundamental goal. Despite devastating losses and extreme adversity, the Red Army continued to press forward resolutely and never faltered. Its inner strength came from an unshakable belief in the cause, an unwavering commitment to the founding aspiration, and a profound sense of mission. The Red Army was never fleeing pursuers in search of safety; it was marching forward to a future in which it had a steadfast belief.
Wang Xiaohui:
The Long March went on for two years. The Red Army trekked 25,000 li across some of China’s harshest terrain, but they kept their heads high, seeking hope amid despair and marching towards light through unending darkness. The lofty ideals and sense of mission they upheld have also become the torch that guides generations of CPC members in the following centennial, tempering them into steel as they press forward unswervingly toward national rejuvenation.
That spark lit along the Yudu River has never dimmed since.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Faith: The Spark Born by the Yudu Riverside
http://www.china.org.cn/2026-10/16/content_118736835.shtml
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SOURCE China.org.cn
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Linktel Technologies Highlights Breakthrough 1.6T LPO Performance & Strong Market Pull at OCP 2026
Published
10 hours agoon
October 18, 2026By
SAN JOSE, Calif., Oct. 18, 2026 /PRNewswire/ — At the recent 2026 OCP Global Summit, Linktel Technologies showcased its cutting-edge optical interconnect portfolios engineered specifically for next-generation AI computing networks. Among the heavy lineup, Linktel’s 1.6T Linear Pluggable Optics (LPO) solutions commanded immense industry attention, drawing heavy customer interest for their unprecedented energy efficiency, ultra-low latency, and supply-chain resilience.
Spotlight: 1.6T LPO Performance & High Customer Traction
AI data centers face immense scaling pressures, demanding higher bandwidth densities with tighter thermal and power budgets. Linktel’s 1.6T LPO solutions—highlighted by the 1.6T LPO 2DR4—delivered standout performance metrics that captured the spotlight at the summit:
Ultra-Low Power Consumption: Operates with power consumption as low as an impressive 10W, drastically mitigating data center cooling and power loads.Minimal Latency: Features a linear optics architecture that cuts down signal processing delays, making it a critical asset for high-performance AI scale-out fabrics.Enhanced Supply-Chain Resilience: Eliminating the optical DSP mitigates component choke points, ensuring robust scalability for mass deployments.Proven Interoperability: Following its breakthrough performance and multi-switch platform interoperability at the early September 2026 1.6T LPO-MSA Plugfest, Linktel has laid a solid foundation for the 200G-per-wavelength ecosystem.
Surging Market Interest
Throughout OCP 2026, Linktel’s live demonstrations of its 1.6T LPO, LRO, and FRO modules drew crowds of data center architects and industry partners. With volume production already in place, Linktel is fully equipped to meet the exploding market demand for energy-efficient, high-density 1.6T connectivity.
Overview of Other Innovations at OCP 2026
In addition to the heavily requested 1.6T LPO lineup, Linktel showcased two other major high-speed architectural pillars:
12.8T Liquid-Cooled XPO:Featured a live thermal demonstration integrating advanced liquid cooling to guarantee stable operations in high-density AI nodes.As a founding member of the XPO MSA, Linktel is actively scaling XPO series with FRO, LRO, and LPO variants for comprehensive scale-up, scale-out, and scale-across frameworks.6.4T/7.2T NPO Modules:Displayed with covers removed to reveal internal architectural designs supporting both ELS and ILS configurations.Combines compact high density with low power and low latency, backed by an established 6.4T/7.2T NPO roadmap.DMD Technology & Executive Presentation:Linktel Engineer Director Dr. Grace Zhang hosted a heavily attended Executive Session titled “Dispersion Managed Transceiver for Next-Gen AI Fabrics,” detailing cost-effective 800G (20km) and 1.6T (10km) solutions for OCS SuperPOD architectures, as well as the feasibility of 400G per lambda (3km).With its DMD product line already in volume production, Linktel actively calls upon ecosystem partners to join forces in collaborative development. To drive ecosystem maturity, Linktel is open to sharing its U.S.-filed patents, paving the way for industry-wide adoption and advancements in next-gen AI fabrics.
About Linktel Technologies
Linktel Technologies is a global leader in optical transceiver development and manufacturing, supplying high-speed optical I/O connectivity—including pluggable transceivers, optical engines, and ODM/JDM services.
For more information, visit www.linktel.com or follow Linktel Technologies on LinkedIn.
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SOURCE Linktel Technologies
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Advanced Manufacturing in Focus: Smart Life and Robotics Take the Spotlight at 140th Canton Fair
Published
11 hours agoon
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GUANGZHOU, China, Oct. 18, 2026 /CNW/ — Phase 1 of the 140th Canton Fair, themed “Advanced Manufacturing,” opened on October 15 and will run through October 19. As one of the event’s most closely watched sections, the Consumer Electronics and Information Products zone once again serves as a showcase for the latest achievements in China’s manufacturing and technology industries.
Smart Life Solutions Address an Aging and Globalized Market
A highlight of this section is the focus on smart living, which brings together smart solutions designed to support healthier, safer, and more independent lifestyles.
For example, wearable devices and continuous glucose monitoring systems enable convenient tracking of key health indicators such as heart rate and blood glucose levels. Meanwhile, wearable exoskeletons and other AI-powered devices support mobility training and functional recovery. For home and elderly care, companion robots, electric nursing beds and home-use hyperbaric oxygen chambers, offer a combination of daily care, wellness support and lifestyle assistance. All these solutions highlight a growing shift toward technology-enabled living, where health management, personal care, and independent living are becoming more accessible and connected.
Service Robots Demonstrate Expanding Real-World Applications
The Service Robot Zone remains one of the fair’s most popular attractions in this edition.
Among the crowd favorites is a humanoid robot standing roughly 70–80 centimeters tall. With its expressive movements and playful appearance, the robot draws constant attention as it dances, approaches visitors and occasionally performs flips to the delight of onlookers. Behind the product is a company that has overcome key challenges in compact joint modules and modular humanoid robot development. Its independently developed high-power-density joints deliver remarkable agility and explosive movement, while modular architecture provides flexibility for a wide range of future applications.
More broadly, the Service Robot Zone features exhibits spanning a wide range of application areas, including embodied intelligence, specialized operations, urban services, and smart living. Full-size humanoid robots, dexterous hands with multimodal sensing capabilities and wheeled robots highlight the latest advances in artificial intelligence, perception technologies and motion control. For demanding industrial and emergency environments, exhibitors are presenting robotic inspection systems, live-line maintenance robots and underwater propulsion robots designed to improve safety and operational efficiency.
The commercial services sector is also well represented through reception robots, façade-cleaning robots and fully automated coffee kiosks, while everyday life applications include wearable exoskeletons, robotic lawn mowers and educational robots for home use. Together, these exhibits demonstrate how China’s robotics industry is accelerating its transition from technological innovation to large-scale commercialization.
As the 140th Canton Fair gets underway, the showcased innovations highlight China’s growing strength in advanced manufacturing, turning cutting-edge technologies into practical, market-ready solutions for global customers.
For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16
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