Growing Demand for Embedded Sensors Global Industrial IoT (IIoT) Chipsets Market Size and Growth at CAGR of 30.03% Between 2017-2021

Recently has announced the addition of a new research study on the "Global Industrial IoT (IIoT) Chipsets Market 2017-2021" to its depository.


Albany, NY -- (SBWIRE) -- 07/05/2017 -- Industrial Internet of Things (IIoT) is a communication technology that helps in increasing production efficiency by gathering real-time data from machines on the plant floor. IIoT is enabled in machines through the use of an IIoT semiconductor chipset. The chipset enables the Internet connectivity of the machine through wired or wireless means.

The global industrial IoT chipsets market to grow at a CAGR of 30.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial IoT chipsets market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.

The market is divided into the following segments based on geography:

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Technavio's report, Global Industrial IoT Chipsets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cypress Semiconductor
NXP Semiconductor
Texas Instruments

Other prominent vendors
Advanced Micro Devices
Infineon Technologies

Market driver
Increasing amount of data generation due to IIoT
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Market challenge
Intellectual property (IP) based design challenge
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Market trend
Growing demand for embedded sensors
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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