IoT Chip Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

IoT Chip market was valued at US$ 39880 million in 2020 and is projected to reach US$ 109140 million by 2027, at a CAGR of 15% during the 2021-2027. IoT chips are embedded devices made up of hardware and software components used to collect and transmit information. It consists of various processors, IP interfaces, sensors, ASICS in the cloud for packaging, and more.