Press release
Whats driving the IoT Microcontroller growth ? industry outlook and forecast by 2026 with key vendors like : Broadcom Corporation, Microchip Technology, Fujitsu Ltd
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The IoT microcontroller market is anticipated to reach over USD 5,170 million by 2026 according to a new research. In 2017, the 32 bit microcontroller segment dominated the global IoT microcontroller market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017.
North America generated the highest revenue in the market in 2017. The increase in industrial automation, and growing number of mobile devices drive the market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization increases the demand for IoT microcontroller in the region. The growing penetration of mobile devices, and technological advancements further support IoT microcontroller market growth in the region. The increasing spending on smart homes and smart cities in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing automation of industrial processes across various industries in the developing countries of the region.
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The growing penetration of mobile devices, and increasing adoption of IoT has primarily driven the growth of the IoT microcontroller market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing automation across diverse industries would accelerate the growth of the IoT Microcontroller market during the forecast period. However, high power consumption, security and privacy concerns, and lack of standardization hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.
The companies operating in the market include Infineon Technologies, Broadcom Corporation, Microchip Technology, Fujitsu Ltd, Holtek Semiconductor, Silicon Laboratories, Inc, Texas Instruments, NXP Semiconductors N.V, Atmel Corporation, and Espressif Systems Pte. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
IoT Microcontroller Market share by Major regions included:
United States
North America
Asia Pacific
Europe
Middle East & Africa
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Some of the Major Highlights of TOC covers:
Executive Summary
Global IoT Microcontroller Production Growth Rate Comparison by Types (2014-2025)
Global IoT Microcontroller Consumption Comparison by Applications (2014-2025)
Global IoT Microcontroller Revenue (2014-2025)
Global IoT Microcontroller Production (2014-2025)
North America IoT Microcontroller Status and Prospect (2014-2025)
Europe IoT Microcontroller Status and Prospect (2014-2025)
China IoT Microcontroller Status and Prospect (2014-2025)
Japan IoT Microcontroller Status and Prospect (2014-2025)
Southeast Asia IoT Microcontroller Status and Prospect (2014-2025)
India IoT Microcontroller Status and Prospect (2014-2025)
Manufacturing Cost Structure Analysis
Raw Material and Suppliers
Manufacturing Cost Structure Analysis of IoT Microcontroller
Manufacturing Process Analysis of IoT Microcontroller
Industry Chain Structure of IoT Microcontroller
Development and Manufacturing Plants Analysis of IoT Microcontroller
Capacity and Commercial Production Date
Global IoT Microcontroller Manufacturing Plants Distribution
Major Manufacturers Technology Source and Market Position of IoT Microcontroller
Recent Development and Expansion Plans
Key Figures of Major Manufacturers
IoT Microcontroller Production and Capacity Analysis
IoT Microcontroller Revenue Analysis
IoT Microcontroller Price Analysis
Market Concentration Degree
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