Industry: Electronics & Semiconductor
Published Date: 2025-10-03
Pages: 150 Pages
Report ld: 4943595
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Passive IoT Market Size(US$)

CAGR 2025-2031
8.3%
Market Size,2031
USD 7,772
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Passive IoT market is projected to grow from US$ 4550 million in 2024 to US$ 7772 million by 2031, at a CAGR of 8.3% (2025-2031), driven by critical product segments and diverse end‑use applications.
The passive IoT is mainly realized through energy harvesting, backscatter communication, and low-power computing technologies. Energy collection methods mainly include light energy, vibration energy, thermal energy, radio frequency and other energy collection. Among them, radio frequency energy has become the focus of passive Internet of Things research because it can simultaneously solve the two functions of energy acquisition and signal transmission modulation. In addition, backscatter technology is at the core of the passive IoT communication model, which allows devices to communicate by reflecting or forwarding signals received from wireless transmission towers.This report mainly studies passive chips and passive communication devices.
The passive Internet of Things market is in a rapid development stage. Relying on its low power consumption, battery-free and long life characteristics, it has demonstrated unique advantages in scenarios such as logistics tracking, smart retail, asset management and smart manufacturing. With the maturity of radio frequency identification, ultra-high frequency tags and sensing technologies, the scope of application continues to expand, but there are still technical bottlenecks in data transmission distance, read and write speeds, and stability in complex environments. Market competition is dominated by international leading RFID and sensor companies, while local companies have formed certain advantages in cost control and application implementation. In the future, the passive Internet of Things will be deeply integrated with cloud computing, big data and artificial intelligence to promote supply chain management and industrial digital upgrades.
Report Includes:
This definitive report equips business leaders, decision-makers and stakeholders with a 360° view of the global Passive IoT market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Passive IoT study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
Chapter 11: Profiles players in depth—details product specs, revenue, margins; top-tier players 2024 sales breakdowns by product type, by Application, by region SWOT analysis, and recent strategic developments.
Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 14: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Passive IoT: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Passive IoT Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Passive IoT Chip
1.2.3 Passive IoT Device
1.2.4 Other
1.3 Market Segmentation by Application
1.3.1 Global Passive IoT Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Consumer Electronic
1.3.3 Automotive
1.3.4 Communication
1.3.5 Aerospace and Defense
1.3.6 Medical
1.3.7 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Passive IoT Revenue Estimates and Forecasts 2020-2031
2.2 Global Passive IoT Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Passive IoT Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Passive IoT Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Passive IoT Chip Market Size by Players
3.3.2 Passive IoT Device Market Size by Players
3.3.3 Other Market Size by Players
3.4 Global Passive IoT Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Passive IoT Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Passive IoT Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Passive IoT Market Size by Type (2020-2031)
6.4 North America Passive IoT Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Passive IoT Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Passive IoT Market Size by Type (2020-2031)
7.4 Europe Passive IoT Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Passive IoT Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Passive IoT Market Size by Type (2020-2031)
8.4 Asia-Pacific Passive IoT Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Passive IoT Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Passive IoT Market Size by Type (2020-2031)
9.4 Central and South America Passive IoT Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Passive IoT Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Passive IoT Market Size by Type (2020-2031)
10.4 Middle East and Africa Passive IoT Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Passive IoT Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Honeywell
11.1.1 Honeywell Corporation Information
11.1.2 Honeywell Business Overview
11.1.3 Honeywell Passive IoT Product Features and Attributes
11.1.4 Honeywell Passive IoT Revenue and Gross Margin (2020-2025)
11.1.5 Honeywell Passive IoT Revenue by Product in 2024
11.1.6 Honeywell Passive IoT Revenue by Application in 2024
11.1.7 Honeywell Passive IoT Revenue by Geographic Area in 2024
11.1.8 Honeywell Passive IoT SWOT Analysis
11.1.9 Honeywell Recent Developments
11.2 GAO RFID Inc.
11.2.1 GAO RFID Inc. Corporation Information
11.2.2 GAO RFID Inc. Business Overview
11.2.3 GAO RFID Inc. Passive IoT Product Features and Attributes
11.2.4 GAO RFID Inc. Passive IoT Revenue and Gross Margin (2020-2025)
11.2.5 GAO RFID Inc. Passive IoT Revenue by Product in 2024
11.2.6 GAO RFID Inc. Passive IoT Revenue by Application in 2024
11.2.7 GAO RFID Inc. Passive IoT Revenue by Geographic Area in 2024
11.2.8 GAO RFID Inc. Passive IoT SWOT Analysis
11.2.9 GAO RFID Inc. Recent Developments
11.3 Impinj
11.3.1 Impinj Corporation Information
11.3.2 Impinj Business Overview
11.3.3 Impinj Passive IoT Product Features and Attributes
11.3.4 Impinj Passive IoT Revenue and Gross Margin (2020-2025)
11.3.5 Impinj Passive IoT Revenue by Product in 2024
11.3.6 Impinj Passive IoT Revenue by Application in 2024
11.3.7 Impinj Passive IoT Revenue by Geographic Area in 2024
11.3.8 Impinj Passive IoT SWOT Analysis
11.3.9 Impinj Recent Developments
11.4 NXP
11.4.1 NXP Corporation Information
11.4.2 NXP Business Overview
11.4.3 NXP Passive IoT Product Features and Attributes
11.4.4 NXP Passive IoT Revenue and Gross Margin (2020-2025)
11.4.5 NXP Passive IoT Revenue by Product in 2024
11.4.6 NXP Passive IoT Revenue by Application in 2024
11.4.7 NXP Passive IoT Revenue by Geographic Area in 2024
11.4.8 NXP Passive IoT SWOT Analysis
11.4.9 NXP Recent Developments
11.5 Fujitsu
11.5.1 Fujitsu Corporation Information
11.5.2 Fujitsu Business Overview
11.5.3 Fujitsu Passive IoT Product Features and Attributes
11.5.4 Fujitsu Passive IoT Revenue and Gross Margin (2020-2025)
11.5.5 Fujitsu Passive IoT Revenue by Product in 2024
11.5.6 Fujitsu Passive IoT Revenue by Application in 2024
11.5.7 Fujitsu Passive IoT Revenue by Geographic Area in 2024
11.5.8 Fujitsu Passive IoT SWOT Analysis
11.5.9 Fujitsu Recent Developments
11.6 Murata
11.6.1 Murata Corporation Information
11.6.2 Murata Business Overview
11.6.3 Murata Passive IoT Product Features and Attributes
11.6.4 Murata Passive IoT Revenue and Gross Margin (2020-2025)
11.6.5 Murata Recent Developments
11.7 Alien Technology
11.7.1 Alien Technology Corporation Information
11.7.2 Alien Technology Business Overview
11.7.3 Alien Technology Passive IoT Product Features and Attributes
11.7.4 Alien Technology Passive IoT Revenue and Gross Margin (2020-2025)
11.7.5 Alien Technology Recent Developments
11.8 EM Microelectronic
11.8.1 EM Microelectronic Corporation Information
11.8.2 EM Microelectronic Business Overview
11.8.3 EM Microelectronic Passive IoT Product Features and Attributes
11.8.4 EM Microelectronic Passive IoT Revenue and Gross Margin (2020-2025)
11.8.5 EM Microelectronic Recent Developments
11.9 Shanghai Quanray Electronics
11.9.1 Shanghai Quanray Electronics Corporation Information
11.9.2 Shanghai Quanray Electronics Business Overview
11.9.3 Shanghai Quanray Electronics Passive IoT Product Features and Attributes
11.9.4 Shanghai Quanray Electronics Passive IoT Revenue and Gross Margin (2020-2025)
11.9.5 Shanghai Quanray Electronics Recent Developments
11.10 Invengo Information Technology
11.10.1 Invengo Information Technology Corporation Information
11.10.2 Invengo Information Technology Business Overview
11.10.3 Invengo Information Technology Passive IoT Product Features and Attributes
11.10.4 Invengo Information Technology Passive IoT Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Kiloway
11.11.1 Kiloway Corporation Information
11.11.2 Kiloway Business Overview
11.11.3 Kiloway Passive IoT Product Features and Attributes
11.11.4 Kiloway Passive IoT Revenue and Gross Margin (2020-2025)
11.11.5 Kiloway Recent Developments
11.12 Fudan Microelectronics Group
11.12.1 Fudan Microelectronics Group Corporation Information
11.12.2 Fudan Microelectronics Group Business Overview
11.12.3 Fudan Microelectronics Group Passive IoT Product Features and Attributes
11.12.4 Fudan Microelectronics Group Passive IoT Revenue and Gross Margin (2020-2025)
11.12.5 Fudan Microelectronics Group Recent Developments
11.13 ZSM Electronics
11.13.1 ZSM Electronics Corporation Information
11.13.2 ZSM Electronics Business Overview
11.13.3 ZSM Electronics Passive IoT Product Features and Attributes
11.13.4 ZSM Electronics Passive IoT Revenue and Gross Margin (2020-2025)
11.13.5 ZSM Electronics Recent Developments
11.14 T-Head
11.14.1 T-Head Corporation Information
11.14.2 T-Head Business Overview
11.14.3 T-Head Passive IoT Product Features and Attributes
11.14.4 T-Head Passive IoT Revenue and Gross Margin (2020-2025)
11.14.5 T-Head Recent Developments
11.15 Johanson Technology
11.15.1 Johanson Technology Corporation Information
11.15.2 Johanson Technology Business Overview
11.15.3 Johanson Technology Passive IoT Product Features and Attributes
11.15.4 Johanson Technology Passive IoT Revenue and Gross Margin (2020-2025)
11.15.5 Johanson Technology Recent Developments
11.16 Atmosic
11.16.1 Atmosic Corporation Information
11.16.2 Atmosic Business Overview
11.16.3 Atmosic Passive IoT Product Features and Attributes
11.16.4 Atmosic Passive IoT Revenue and Gross Margin (2020-2025)
11.16.5 Atmosic Recent Developments
11.17 Wiliot
11.17.1 Wiliot Corporation Information
11.17.2 Wiliot Business Overview
11.17.3 Wiliot Passive IoT Product Features and Attributes
11.17.4 Wiliot Passive IoT Revenue and Gross Margin (2020-2025)
11.17.5 Wiliot Recent Developments
12 Passive IoTIndustry Chain Analysis
12.1 Passive IoT Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Passive IoT Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Passive IoT Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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