| Product Code: ETC5620076 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland`s import shipments of IoT chips continued to show strong growth, with top exporting countries being Israel, USA, Taiwan, Malaysia, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) of 64.01% from 2020 to 2024 highlights the rapid expansion of the IoT chip market in Ireland. Furthermore, the growth rate of 5.27% from 2023 to 2024 suggests a sustained momentum in the import of IoT chips, positioning Ireland as a key player in the global IoT industry.

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 Ireland IoT Chip Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland IoT Chip Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland IoT Chip Market - Industry Life Cycle |
3.4 Ireland IoT Chip Market - Porter's Five Forces |
3.5 Ireland IoT Chip Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 Ireland IoT Chip Market Revenues & Volume Share, By Power Consumption, 2021 & 2031F |
3.7 Ireland IoT Chip Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Ireland IoT Chip Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing adoption of IoT devices and applications across various industries in Ireland |
4.2.2 Increasing demand for wireless connectivity and communication technologies |
4.2.3 Government initiatives and policies supporting IoT development and deployment in Ireland |
4.3 Market Restraints |
4.3.1 Data security and privacy concerns hindering IoT adoption |
4.3.2 High initial costs and complexity associated with implementing IoT solutions |
4.3.3 Lack of skilled professionals in the IoT industry in Ireland |
5 Ireland IoT Chip Market Trends |
6 Ireland IoT Chip Market Segmentations |
6.1 Ireland IoT Chip Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 Ireland IoT Chip Market Revenues & Volume, By Processors, 2021-2031F |
6.1.3 Ireland IoT Chip Market Revenues & Volume, By Connectivity Integrated Circuits (ICs), 2021-2031F |
6.1.4 Ireland IoT Chip Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.5 Ireland IoT Chip Market Revenues & Volume, By Memory devices, 2021-2031F |
6.1.6 Ireland IoT Chip Market Revenues & Volume, By Logic devices, 2021-2031F |
6.2 Ireland IoT Chip Market, By Power Consumption |
6.2.1 Overview and Analysis |
6.2.2 Ireland IoT Chip Market Revenues & Volume, By Less than 1 W, 2021-2031F |
6.2.3 Ireland IoT Chip Market Revenues & Volume, By 1? ??3 W, 2021-2031F |
6.2.4 Ireland IoT Chip Market Revenues & Volume, By 3? ??5 W, 2021-2031F |
6.2.5 Ireland IoT Chip Market Revenues & Volume, By 5? ??10 W, 2021-2031F |
6.2.6 Ireland IoT Chip Market Revenues & Volume, By More than 10 W, 2021-2031F |
6.3 Ireland IoT Chip Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Ireland IoT Chip Market Revenues & Volume, By Wearable Devices, 2021-2031F |
6.3.3 Ireland IoT Chip Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Ireland IoT Chip Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.5 Ireland IoT Chip Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.6 Ireland IoT Chip Market Revenues & Volume, By Building Automation, 2021-2031F |
6.3.7 Ireland IoT Chip Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 Ireland IoT Chip Market Import-Export Trade Statistics |
7.1 Ireland IoT Chip Market Export to Major Countries |
7.2 Ireland IoT Chip Market Imports from Major Countries |
8 Ireland IoT Chip Market Key Performance Indicators |
8.1 Number of IoT devices connected in Ireland |
8.2 IoT investment trends in Ireland |
8.3 Rate of IoT technology advancements and innovations in the market |
9 Ireland IoT Chip Market - Opportunity Assessment |
9.1 Ireland IoT Chip Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 Ireland IoT Chip Market Opportunity Assessment, By Power Consumption, 2021 & 2031F |
9.3 Ireland IoT Chip Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Ireland IoT Chip Market - Competitive Landscape |
10.1 Ireland IoT Chip Market Revenue Share, By Companies, 2024 |
10.2 Ireland IoT Chip Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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