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IoT Chip Market Projection, Technological Innovation And Emerging Trends 2030

According to the latest market research study published by P&S Intelligence, in 2021, the IoT chip market size was $427.0 billion, and it is predicted to advance at a 5.5% CAGR from 2021 to 2030, to hit $693.8 billion in 2030. The growth of this market can be credited to the expansion of internet connectivity, which is contributing to the acceptance of connected devices and the expansion of networking protocols.
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