Asia-Pacific to be the Fastest Growing Region in the Global Internet of Things (IoT) Chip Market

According to a new market intelligence report by BIS Research titled ‘Global IoT Chip Market − Analysis and Forecast, 2019-2029’, the IoT chip market is anticipated to grow at a CAGR of 15.18% during the forecast period 2019-2029.

BIS Research Report: https://bisresearch.com/industry-report/iot-chip-market.html

Attributed to the strong presence of emerging economies, Asia-Pacific is expected to generate the maximum revenue in the global Internet of Things (IoT) chip market. The region generated revenue of $2.75 Billion in the year 2018 and is expected to account for $19.28 Billion by the end of the year 2029. Along with intense adoption rate of advanced technologies, the region is expected to witness highest market growth of CAGR 19.47%. China contributed majority of the revenue in the region.

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BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

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