US IoT Chips Market Summary
The US IoT Chips Industry is projected to grow significantly from 30.5 USD Billion in 2024 to 75.2 USD Billion by 2035.
Key Market Trends & Highlights
US IoT Chips Industry Key Trends and Highlights
- The market is expected to witness a compound annual growth rate of 8.55 percent from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 75.2 USD Billion, indicating robust growth potential.
- In 2024, the market is valued at 30.5 USD Billion, reflecting a strong foundation for future expansion.
- Growing adoption of IoT technology due to increased demand for smart devices is a major market driver.
Market Size & Forecast
2024 Market Size | 30.5 (USD Billion) |
2035 Market Size | 75.2 (USD Billion) |
CAGR (2025 - 2035) | 8.55% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)