Top IoT Chips Companies

The competitive landscape of the global IoT chips market outlook is marked by key players like Qualcomm, Intel, Broadcom, MediaTek, and NXP Semiconductors. These firms have an emphasis on innovation, strategic alliances, and acquisitions. For instance, Qualcomm highlights 5G and AI integration in IoT chips, while Intel invests in future semiconductor technologies. MediaTek targets affordable IoT solutions, and NXP targets automotive and industrial IoT segments, with a focus on improving connectivity and power efficiency in their offerings.

The startup ecosystem of the global IoT chips market is changing very fast, with many new startups trying to develop innovative, affordable, and niche-focused solutions. The focus of startups is on niche markets such as AI-enabled IoT chips, low-power connectivity solutions, and edge computing chips. Their push towards R&D and innovation is propelling the market ahead by providing differentiated capability applicable to certain industries such as automotive, healthcare, and smart cities.

• Founded in 2020, EdgeQ is an emerging startup specializing in AI-driven IoT chip solutions. The company specializes in developing high-performance, low-power chips for edge computing. One of its flagship products is the EdgeQ AI chip, which processes data at the edge locally, minimizing latency and cloud infrastructure reliance. This game-changing innovation is especially useful for autonomous systems in automotive and industrial sectors, enabling more efficient real-time decision-making and lower cloud expenses.

• Established in 2017, GreenWaves Technologies aims to create low-power IoT chips for edge AI. Their primary product, GAP8 IoT processor, is such that it would deliver ultra-low power consumption along with adequate computing capabilities for AI operations at the edge. Integrating AI computation with low-power consumption, GreenWaves' energy-efficient breakthrough makes IoT devices last longer with batteries, a feature that proves best for its usage in smart agriculture and wearables, where long device autonomy is essential.

Top Player’s Company Profiles

• Qualcomm Inc. (USA)

• Intel Corporation (USA)

• Broadcom Inc. (USA)

• Texas Instruments Incorporated (USA)

• NXP Semiconductors N.V. (Netherlands)

• STMicroelectronics (Switzerland)

• MediaTek Inc. (Taiwan)

• Samsung Electronics Co., Ltd. (South Korea)

• Renesas Electronics Corporation (Japan)

• Infineon Technologies AG (Germany)

• Nordic Semiconductor ASA (Norway)

• Analog Devices, Inc. (USA)

• Microchip Technology Inc. (USA)

• Silicon Laboratories Inc. (USA)

• HiSilicon (Huawei Technologies Co., Ltd.) (China)