Satyajit Sinha: 20 million cellular IoT chips missing in 2021 due to global supply shortage as Qualcomm continues to lead the market

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Satyajit Sinha: 20 million cellular IoT chips missing in 2021 due to global supply shortage as Qualcomm continues to lead the market
editor_iot
29/08/2021 – 09:54

Current market environment: Impacted by the global chip shortage
In 2020, COVID-19 impacted both the demand and supply of chips. Supply was reduced, as production was halted at times, and supply chains and access to raw materials were not intact. In the first half of 2020, chip demand fell as uncertainty set in and budgets were frozen. In the second half of 2020, demand came back, but supply was often disrupted. This resulted in a supply shortage that first impacted the automotive industry and then extended to other segments, such as smartphones, TVs, gaming, and IoT. The lower demand in 2020 coupled with a shortage of supply at the end of the year led to a gap of 33 million cellular IoT chipsets that would have been shipped had everything gone smoothly.

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