Europe IoT Chips Market Size, Share & Trends Analysis Report By Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others), By Vertical, By Country and Growth Forecast, 2024 - 2031

The Europe IoT Chips Market would witness market growth of 10.6% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe IoT Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $65,195 million by 2031. The UK market is exhibiting a CAGR of 9.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.5% during (2024 - 2031).

IoT chips are integrated into automotive systems for vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) connectivity, and in-car entertainment systems. These chips support GPS navigation, telematics, driver assistance, remote diagnostics, and over-the-air software updates, increasing automobile safety, efficiency, and user experience. These chips power various applications in smart city initiatives, including smart meters, intelligent traffic management systems, environmental monitoring sensors, and public safety surveillance cameras. These chips enable city authorities to collect real-time data, optimize urban infrastructure, reduce energy consumption, and enhance public services for residents.

In retail environments, these chips are used in inventory tracking systems, RFID tags, and smart shelves to monitor product availability, streamline inventory management, and enhance the shopping experience. These chips enable retailers to automate stock replenishment, prevent stockouts, and analyze consumer behavior for targeted marketing campaigns. IoT chips are deployed in smart grid systems, smart meters, and energy monitoring devices to monitor electricity consumption, optimize energy distribution, and support renewable energy integration. These chips enable utilities and consumers to track energy usage in real-time, implement demand response programs, and reduce energy costs.

The financial services industry in the United Kingdom prioritizes data security and privacy since financial transactions and client information are sensitive. The UK is a global leader in fintech innovation and digital banking services, with an expanding network of financial institutions, startups, and tech companies propelling the financial services sector's digital transformation. The adoption of smart payment solutions and contactless payment technologies is on the rise in the UK, driven by consumer preferences for convenience, speed, and security in payment transactions. According to the UK Government, the UK’s financial services sector is one of the world’s most open, innovative, and dynamic. The United Kingdom represents 11% of the global fintech industry. It is home to an estimated 2,500 fintech companies, with six of the top ten in London. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Free Valuable Insights: The Global IoT Chips Market will Hit USD 1088.6 billion by 2031, at a CAGR of 11.1%

Based on Hardware, the market is segmented into Processor, Sensor, Connectivity IC, Memory Device, Logic Device and Others. Based on Vertical, the market is segmented into Industrial, Consumer Electronics, Automotive, Healthcare, Retail, BFSI and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Samsung Electronics Co., Ltd. (Samsung Group)
• STMicroelectronics N.V.
• Analog Devices, Inc.
• NXP Semiconductors N.V.
• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• Intel Corporation
• MediaTek, Inc.
• Texas Instruments, Inc.
• Infineon Technologies AG
• Microchip Technology Incorporated

Europe IoT Chips Market Report Segmentation

By Hardware

• Processor
• Sensor
• Connectivity IC
• Memory Device
• Logic Device
• Others

By Vertical

• Industrial
• Consumer Electronics
• Automotive
• Healthcare
• Retail
• BFSI
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe IoT Chips Market, by Hardware
1.4.2 Europe IoT Chips Market, by Vertical
1.4.3 Europe IoT Chips Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2024, Apr) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. Europe IoT Chips Market by Hardware
5.1 Europe Processor Market by Country
5.2 Europe Sensor Market by Country
5.3 Europe Connectivity IC Market by Country
5.4 Europe Memory Device Market by Country
5.5 Europe Logic Device Market by Country
5.6 Europe Others Market by Country

Chapter 6. Europe IoT Chips Market by Vertical
6.1 Europe Industrial Market by Country
6.2 Europe Consumer Electronics Market by Country
6.3 Europe Automotive Market by Country
6.4 Europe Healthcare Market by Country
6.5 Europe Retail Market by Country
6.6 Europe BFSI Market by Country
6.7 Europe Others Market by Country

Chapter 7. Europe IoT Chips Market by Country
7.1 Germany IoT Chips Market
7.1.1 Germany IoT Chips Market by Hardware
7.1.2 Germany IoT Chips Market by Vertical
7.2 UK IoT Chips Market
7.2.1 UK IoT Chips Market by Hardware
7.2.2 UK IoT Chips Market by Vertical
7.3 France IoT Chips Market
7.3.1 France IoT Chips Market by Hardware
7.3.2 France IoT Chips Market by Vertical
7.4 Russia IoT Chips Market
7.4.1 Russia IoT Chips Market by Hardware
7.4.2 Russia IoT Chips Market by Vertical
7.5 Spain IoT Chips Market
7.5.1 Spain IoT Chips Market by Hardware
7.5.2 Spain IoT Chips Market by Vertical
7.6 Italy IoT Chips Market
7.6.1 Italy IoT Chips Market by Hardware
7.6.2 Italy IoT Chips Market by Vertical
7.7 Rest of Europe IoT Chips Market
7.7.1 Rest of Europe IoT Chips Market by Hardware
7.7.2 Rest of Europe IoT Chips Market by Vertical

Chapter 8. Company Profiles
8.1 Analog Devices, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 NXP Semiconductors N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Texas Instruments, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Microchip Technology Incorporated
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Infineon Technologies AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Intel Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 STMicroelectronics N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Samsung Electronics Co., Ltd. (Samsung Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. MediaTek, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis

TABLE 1 Europe IoT Chips Market, 2020 - 2023, USD Million
TABLE 2 Europe IoT Chips Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Chips Market
TABLE 4 Product Launches And Product Expansions– IoT Chips Market
TABLE 5 Acquisition and Mergers– IoT Chips Market
TABLE 6 Europe IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 7 Europe IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 8 Europe Processor Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Processor Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Sensor Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Sensor Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Connectivity IC Market by Country, 2020 - 2023, USD Million
TABLE 13 Europe Connectivity IC Market by Country, 2024 - 2031, USD Million
TABLE 14 Europe Memory Device Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe Memory Device Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Logic Device Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe Logic Device Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 21 Europe IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 22 Europe Industrial Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Industrial Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Automotive Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Automotive Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Retail Market by Country, 2020 - 2023, USD Million
TABLE 31 Europe Retail Market by Country, 2024 - 2031, USD Million
TABLE 32 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 34 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 35 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 36 Europe IoT Chips Market by Country, 2020 - 2023, USD Million
TABLE 37 Europe IoT Chips Market by Country, 2024 - 2031, USD Million
TABLE 38 Germany IoT Chips Market, 2020 - 2023, USD Million
TABLE 39 Germany IoT Chips Market, 2024 - 2031, USD Million
TABLE 40 Germany IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 41 Germany IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 42 Germany IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 43 Germany IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 44 UK IoT Chips Market, 2020 - 2023, USD Million
TABLE 45 UK IoT Chips Market, 2024 - 2031, USD Million
TABLE 46 UK IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 47 UK IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 48 UK IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 49 UK IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 50 France IoT Chips Market, 2020 - 2023, USD Million
TABLE 51 France IoT Chips Market, 2024 - 2031, USD Million
TABLE 52 France IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 53 France IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 54 France IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 55 France IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 56 Russia IoT Chips Market, 2020 - 2023, USD Million
TABLE 57 Russia IoT Chips Market, 2024 - 2031, USD Million
TABLE 58 Russia IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 59 Russia IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 60 Russia IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 61 Russia IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 62 Spain IoT Chips Market, 2020 - 2023, USD Million
TABLE 63 Spain IoT Chips Market, 2024 - 2031, USD Million
TABLE 64 Spain IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 65 Spain IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 66 Spain IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 67 Spain IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 68 Italy IoT Chips Market, 2020 - 2023, USD Million
TABLE 69 Italy IoT Chips Market, 2024 - 2031, USD Million
TABLE 70 Italy IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 71 Italy IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 72 Italy IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 73 Italy IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 74 Rest of Europe IoT Chips Market, 2020 - 2023, USD Million
TABLE 75 Rest of Europe IoT Chips Market, 2024 - 2031, USD Million
TABLE 76 Rest of Europe IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 77 Rest of Europe IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 78 Rest of Europe IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 79 Rest of Europe IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 80 key information – Analog Devices, Inc.
TABLE 81 Key Information – Qualcomm Incorporated
TABLE 82 Key Information – NXP Semiconductors N.V.
TABLE 83 Key Information – Texas Instruments, Inc.
TABLE 84 Key Information – Microchip Technology Incorporated
TABLE 85 Key Information – Infineon Technologies AG
TABLE 86 Key Information – Intel Corporation
TABLE 87 Key Information – STMicroelectronics N.V.
TABLE 88 Key Information – Samsung Electronics Co., Ltd.
TABLE 89 Key Information – MediaTek, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe IoT Chips Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting IoT Chips Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020 - 2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2024, Apr) Leading Players
FIG 8 Porter’s Five Forces Analysis – IoT Chips Market
FIG 9 Europe IoT Chips Market share by Hardware, 2023
FIG 10 Europe IoT Chips Market share by Hardware, 2031
FIG 11 Europe IoT Chips Market by Hardware, 2020 - 2031, USD Million
FIG 12 Europe IoT Chips Market share by Vertical, 2023
FIG 13 Europe IoT Chips Market share by Vertical, 2031
FIG 14 Europe IoT Chips Market by Vertical, 2020 - 2031, USD Million
FIG 15 Europe IoT Chips Market share by Country, 2023
FIG 16 Europe IoT Chips Market share by Country, 2031
FIG 17 Europe IoT Chips Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Analog Devices, Inc.
FIG 19 SWOT Analysis: QUALCOMM Incorporated
FIG 20 SWOT Analysis: NXP Semiconductors N.V.
FIG 21 SWOT Analysis: Texas Instruments, Inc.
FIG 22 SWOT Analysis: Microchip Technology Incorporated
FIG 23 SWOT Analysis: Infineon Technologies AG
FIG 24 Recent strategies and developments: Intel Corporation
FIG 25 SWOT Analysis: Intel corporation
FIG 26 Recent strategies and developments: STMicroelectronics N.V.
FIG 27 SWOT Analysis: STMicroelectronics N.V.
FIG 28 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 29 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 30 SWOT Analysis: MediaTek, Inc.