IoT Microcontroller Market Analysis by Growing Demand till 2026 by Covering Leading Companies like: Infineon Technologies, Broadcom Corporation, Microchip Technology, Fujitsu Ltd, Holtek Semiconductor, Silicon Laboratories, Inc, Texas Instruments
IoT Microcontroller Market generated $2,255 million in 2017 and is anticipated to grow at a CAGR of 9.7% during the forecast period.
North America generated the highest revenue in 2017 owing to increasing industrial automation in the region. Organizations are moving towards BYOD, IoT, big data analytics, and virtualization, thereby increasing the need for IoT Microcontroller Market.
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IoT Microcontroller Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
IoT Microcontroller Market report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the market. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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The leading companies profiled in IoT Microcontroller Market report include: -
• Infineon Technologies
• Broadcom Corporation
• Microchip Technology
• Fujitsu Ltd
• Holtek Semiconductor
• Silicon Laboratories Inc
• Texas Instruments
• NXP Semiconductors N.V
• Atmel Corporation
• Espressif Systems Pte. Ltd.
The growth in automation across various industries, and growing adoption of IoT has increased the demand for IoT Microcontroller across the globe. The increasing penetration of mobile devices, growing internet penetration, and rising demand for mobility services has boosted the growth of the IoT Microcontroller Market. The increasing trend of BYOD, IOT, cloud, virtualization, and big data analytics has further increased the adoption of IoT Microcontroller. The increasing implementation of smart meters, and technological advancements would provide growth opportunities in the market in coming years.
Table of Content of IoT Microcontroller Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 IoT Microcontroller Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
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