Market Highlights: The expansion of the processors for the IoT and wearables market is fueled by the increased use of IoT devices and the demand for a connected ecosystem. In addition, the industry is being fueled by the emergence of mobile payment technologies and technological innovations connected to wearable devices. Increased privacy and data security issues, on the other hand, are limiting market expansion. Furthermore, the market's growth is hampered by connected devices' high power consumption. The development of LTE and 64-bit application processors is likely to open up new industry prospects. The market study is being classified by Type (8 Bit, 16 Bit and 32 Bit), by Application (Energy & Utility, Retail, Manufacturing and Automotive) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Processors for IoT and Wearables are MediaTek (Taiwan), NXP (Netherlands), Realtek (Taiwan), Broadcom (United States), STMicroelectronics (Switzerland), Intel (United States), Texas Instruments (United States), Atmel (United States), Toshiba (Japan), Cypress Semiconductor (United States) and Marvell (United States).
On Aug. 10, 2021, Samsung Electronics Co., Ltd., announced its new wearable processor, the Exynos W920. The new processor integrates an LTE modem and is the first in the industry to be built with an advanced 5-nanometer (nm) extreme ultra-violet (EUV) process node, offering powerful yet efficient performance demanded by next-generation wearable devices.
Key Questions Answered in the Report What will the Processors for IoT and Wearables Market size and the growth rate be in Future? What are the key factors driving the Processors for IoT and Wearables Market? What are the key market trends and macro-economic impacting the growth of the Processors for IoT and Wearables Market? What are the challenges to market growth? Who are the key vendors in the Processors for IoT and Wearables Market? What are the market opportunities and threats faced by the vendors in the Processors for IoT and Wearables Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Processors for IoT and Wearables Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Processors for IoT and Wearables market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Processors for IoT and Wearables market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Processors for IoT and Wearables Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.