LAMEA 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 Latin America, Middle East and Africa IoT Chips Market would witness market growth of 13.5% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA IoT Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $27,346.1 million by 2031. The Argentina market is showcasing a CAGR of 14.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 13.1% during (2024 - 2031).

Power efficiency remains critical in IoT chip design, especially for battery-operated devices and sensors deployed in remote or resource-constrained environments. These chips are engineered with low-power consumption features, such as energy-efficient processors, power management units, and sleep modes, to prolong battery life and enable long-term operation without frequent recharging or replacement. Low-power chips enable energy-efficient IoT deployments and support sustainable, long-lasting IoT applications.

IoT chip manufacturers offer customizable solutions tailored to specific IoT applications and use cases. Customizable chips enable system integrators and device manufacturers to optimize performance, functionality, and form factors according to their requirements, accelerating time-to-market and reducing development costs. Integrated chips with multiple functionalities, such as sensor interfaces, wireless connectivity, and onboard processing, simplify IoT device design and deployment, making it easier for businesses to adopt IoT technologies.

IoT chips equipped with connectivity protocols and interoperability standards can facilitate the integration of healthcare devices with existing EHR systems used by healthcare providers in Saudi Arabia. Saudi Arabia's government is focusing more on wellness and preventative healthcare programs to encourage healthy lives and lower the prevalence of chronic illnesses. According to the ITA, in 2023, it spent $50.4 billion on healthcare and social development, 16.96 percent of its 2023 budget, and education's second largest line item. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.

Free Valuable Insights: The Worldwide IoT Chips Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT Chips Market, by Hardware
1.4.2 LAMEA IoT Chips Market, by Vertical
1.4.3 LAMEA 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. LAMEA IoT Chips Market by Hardware
5.1 LAMEA Processor Market by Country
5.2 LAMEA Sensor Market by Country
5.3 LAMEA Connectivity IC Market by Country
5.4 LAMEA Memory Device Market by Country
5.5 LAMEA Logic Device Market by Country
5.6 LAMEA Others Market by Country

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

Chapter 7. LAMEA IoT Chips Market by Country
7.1 Brazil IoT Chips Market
7.1.1 Brazil IoT Chips Market by Hardware
7.1.2 Brazil IoT Chips Market by Vertical
7.2 Argentina IoT Chips Market
7.2.1 Argentina IoT Chips Market by Hardware
7.2.2 Argentina IoT Chips Market by Vertical
7.3 UAE IoT Chips Market
7.3.1 UAE IoT Chips Market by Hardware
7.3.2 UAE IoT Chips Market by Vertical
7.4 Saudi Arabia IoT Chips Market
7.4.1 Saudi Arabia IoT Chips Market by Hardware
7.4.2 Saudi Arabia IoT Chips Market by Vertical
7.5 South Africa IoT Chips Market
7.5.1 South Africa IoT Chips Market by Hardware
7.5.2 South Africa IoT Chips Market by Vertical
7.6 Nigeria IoT Chips Market
7.6.1 Nigeria IoT Chips Market by Hardware
7.6.2 Nigeria IoT Chips Market by Vertical
7.7 Rest of LAMEA IoT Chips Market
7.7.1 Rest of LAMEA IoT Chips Market by Hardware
7.7.2 Rest of LAMEA 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 LAMEA IoT Chips Market, 2020 - 2023, USD Million
TABLE 2 LAMEA 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 LAMEA IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 7 LAMEA IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 8 LAMEA Processor Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Processor Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Sensor Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Sensor Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Connectivity IC Market by Country, 2020 - 2023, USD Million
TABLE 13 LAMEA Connectivity IC Market by Country, 2024 - 2031, USD Million
TABLE 14 LAMEA Memory Device Market by Country, 2020 - 2023, USD Million
TABLE 15 LAMEA Memory Device Market by Country, 2024 - 2031, USD Million
TABLE 16 LAMEA Logic Device Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA Logic Device Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 19 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 20 LAMEA IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 21 LAMEA IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 22 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 25 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 26 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Retail Market by Country, 2020 - 2023, USD Million
TABLE 31 LAMEA Retail Market by Country, 2024 - 2031, USD Million
TABLE 32 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 33 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 34 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 36 LAMEA IoT Chips Market by Country, 2020 - 2023, USD Million
TABLE 37 LAMEA IoT Chips Market by Country, 2024 - 2031, USD Million
TABLE 38 Brazil IoT Chips Market, 2020 - 2023, USD Million
TABLE 39 Brazil IoT Chips Market, 2024 - 2031, USD Million
TABLE 40 Brazil IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 41 Brazil IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 42 Brazil IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 43 Brazil IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 44 Argentina IoT Chips Market, 2020 - 2023, USD Million
TABLE 45 Argentina IoT Chips Market, 2024 - 2031, USD Million
TABLE 46 Argentina IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 47 Argentina IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 48 Argentina IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 49 Argentina IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 50 UAE IoT Chips Market, 2020 - 2023, USD Million
TABLE 51 UAE IoT Chips Market, 2024 - 2031, USD Million
TABLE 52 UAE IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 53 UAE IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 54 UAE IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 55 UAE IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 56 Saudi Arabia IoT Chips Market, 2020 - 2023, USD Million
TABLE 57 Saudi Arabia IoT Chips Market, 2024 - 2031, USD Million
TABLE 58 Saudi Arabia IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 59 Saudi Arabia IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 60 Saudi Arabia IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 61 Saudi Arabia IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 62 South Africa IoT Chips Market, 2020 - 2023, USD Million
TABLE 63 South Africa IoT Chips Market, 2024 - 2031, USD Million
TABLE 64 South Africa IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 65 South Africa IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 66 South Africa IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 67 South Africa IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 68 Nigeria IoT Chips Market, 2020 - 2023, USD Million
TABLE 69 Nigeria IoT Chips Market, 2024 - 2031, USD Million
TABLE 70 Nigeria IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 71 Nigeria IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 72 Nigeria IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 73 Nigeria IoT Chips Market by Vertical, 2024 - 2031, USD Million
TABLE 74 Rest of LAMEA IoT Chips Market, 2020 - 2023, USD Million
TABLE 75 Rest of LAMEA IoT Chips Market, 2024 - 2031, USD Million
TABLE 76 Rest of LAMEA IoT Chips Market by Hardware, 2020 - 2023, USD Million
TABLE 77 Rest of LAMEA IoT Chips Market by Hardware, 2024 - 2031, USD Million
TABLE 78 Rest of LAMEA IoT Chips Market by Vertical, 2020 - 2023, USD Million
TABLE 79 Rest of LAMEA 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 LAMEA 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 LAMEA IoT Chips Market share by Hardware, 2023
FIG 10 LAMEA IoT Chips Market share by Hardware, 2031
FIG 11 LAMEA IoT Chips Market by Hardware, 2020 - 2031, USD Million
FIG 12 LAMEA IoT Chips Market share by Vertical, 2023
FIG 13 LAMEA IoT Chips Market share by Vertical, 2031
FIG 14 LAMEA IoT Chips Market by Vertical, 2020 - 2031, USD Million
FIG 15 LAMEA IoT Chips Market share by Country, 2023
FIG 16 LAMEA IoT Chips Market share by Country, 2031
FIG 17 LAMEA 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.