Press release
IoT MCU Market Trends, Key Players, DROT, Analysis & Forecast Till 2026 | Reports And Data
IoT MCU Market
APAC is expected to hold the largest market and is forecasted to reach USD 1.61 Billion in 2026, at the highest CAGR of 15.28% during the forecast period followed by North America. This is mainly accredited to advancement in technology innovation and increasing adoption of the automation technologies in various industry verticals. Major application for industrial control and factory automation in Asia Pacific are oil & gas, semiconductor, electronics, automotive, chemicals, water and food. China is one of the primary players of this region for automation market. China has been working on developing more innovative industrial practice by implementing automated technologies in manufacturing sector.
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Market Overview:
The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global IoT MCU market growth.
Competitive Landscape:
The global IoT MCU market is extremely competitive and Dominant players in the global IoT MCU market are developing various strategies such as mergers and acquisitions, new product launches, investment in research and development activities, corporate deals, and partnerships to strengthen their market position and expand their product base.
Key companies operating in the market:
NXP Semiconductors N.V., Infineon Technologies AG, STMicroelectronics N.V., Microchip Technologies Inc., Cypress Semiconductor Corporation, Broadcom Inc., Maxim Integrated Inc., Silicon Laboratories Inc., Renesas Electronic Corporation, Holtek Semiconductors, Toshiba, Panasonic Corporation, Nuvoton Technology Corporation and others
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Key questions addressed in the global IoT MCU market report:
What revenue CAGR is the global IoT MCU market projected to register over the forecast period?
What are the key outcomes of Porter’s Five Force analysis of the global IoT MCU market?
What are the key restraints hampering global market growth?
Which region is expected to account for largest revenue share between 2021 and 2028?
Which key players are operating in the global IoT MCU market?
The global IoT MCU market is further segmented into type and application:
IoT MCU Type Outlook (Revenue, USD Million; 2018-2026)
4-Bit
8-Bit
16-Bit
32-Bit
IoT MCU Application Outlook (Revenue, USD Million; 2018-2026)
Industrial Automation
Smart Home
Consumer Electronics
Automotive
Others (Security, Surveillance and Medical Devices)
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Regional Outlook of IoT MCU Market:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Table Of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. IoT MCU Segmentation & Impact Analysis
4.1. IoT MCU Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing in demand for wearable healthcare devices and other consumer electronics
4.2.2.2. Rising demand for automation across end user industries
4.2.2.3. Advancement of IoT
4.2.3. Market restraints analysis
4.2.3.1. High R&D costs
4.2.3.2. Security Issues
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continued…
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