Product Code: ETC5620037 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The IoT chip market in Bosnia and Herzegovina is growing as the adoption of IoT devices and solutions accelerates. IoT chips are essential components that enable connectivity and data processing in connected devices. The market is driven by the increasing deployment of smart devices in various applications, including smart homes, industrial automation, and healthcare. Technological advancements, the proliferation of IoT ecosystems, and the demand for energy-efficient and low-power devices are key drivers of the IoT chip market in the country.
The IoT chip market in Bosnia and Herzegovina is driven by the rising deployment of IoT devices and the need for efficient, low-power processing units. The growth in smart city initiatives, industrial automation, and connected devices in consumer electronics has increased demand for IoT chips. Technological advancements in semiconductor design and manufacturing further propel market growth.
Challenges in the IoT chip market include the high cost of advanced semiconductor technology and the slow pace of IoT adoption in key sectors. Bosnia and Herzegovina`s limited domestic production capabilities make the market dependent on imports, which can be costly and subject to international supply chain disruptions. Moreover, the lack of awareness and understanding of IoT technology among businesses slows market growth.
The government promotes the IoT chip market through incentives for local manufacturing and research in semiconductor technologies. Policies include grants for innovation in chip design and fabrication, as well as partnerships with global tech companies. There are also efforts to standardize IoT chip specifications to facilitate interoperability and integration in various IoT applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bosnia and Herzegovina IoT Chip Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina IoT Chip Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina IoT Chip Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina IoT Chip Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 Bosnia and Herzegovina IoT Chip Market Revenues & Volume Share, By Power Consumption, 2021 & 2031F |
3.7 Bosnia and Herzegovina IoT Chip Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Bosnia and Herzegovina IoT Chip Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bosnia and Herzegovina IoT Chip Market Trends |
6 Bosnia and Herzegovina IoT Chip Market Segmentations |
6.1 Bosnia and Herzegovina IoT Chip Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Processors, 2021-2031F |
6.1.3 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Connectivity Integrated Circuits (ICs), 2021-2031F |
6.1.4 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.5 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Memory devices, 2021-2031F |
6.1.6 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Logic devices, 2021-2031F |
6.2 Bosnia and Herzegovina IoT Chip Market, By Power Consumption |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Less than 1 W, 2021-2031F |
6.2.3 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By 1¢Ã¢Â?‰Â?Â?3 W, 2021-2031F |
6.2.4 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By 3¢Ã¢Â?‰Â?Â?5 W, 2021-2031F |
6.2.5 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By 5¢Ã¢Â?‰Â?Â?10 W, 2021-2031F |
6.2.6 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By More than 10 W, 2021-2031F |
6.3 Bosnia and Herzegovina IoT Chip Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Wearable Devices, 2021-2031F |
6.3.3 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.5 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.6 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Building Automation, 2021-2031F |
6.3.7 Bosnia and Herzegovina IoT Chip Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 Bosnia and Herzegovina IoT Chip Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina IoT Chip Market Export to Major Countries |
7.2 Bosnia and Herzegovina IoT Chip Market Imports from Major Countries |
8 Bosnia and Herzegovina IoT Chip Market Key Performance Indicators |
9 Bosnia and Herzegovina IoT Chip Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina IoT Chip Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 Bosnia and Herzegovina IoT Chip Market Opportunity Assessment, By Power Consumption, 2021 & 2031F |
9.3 Bosnia and Herzegovina IoT Chip Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Bosnia and Herzegovina IoT Chip Market - Competitive Landscape |
10.1 Bosnia and Herzegovina IoT Chip Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina IoT Chip Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |