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Internet of Things Microcontroller Market Volume Forecast and Value Chain Analysis 2016-2024

03-29-2017 05:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Credence Research Inc

Internet of Things Microcontroller Market Volume Forecast

In a new industry research report published by Credence Research “Internet of Things (IoT) Microcontroller (By Product – 8-bit, 16-bit & 32-bit) industry - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023”, the global Internet of Things (IoT) microcontroller industry was valued at US$ 1,765.3 Mn in 2015 and is estimated to expand with a CAGR of 11.7% from 2016 to 2023.
Industry Insights
Internet of Things (IoT) refers to a network of different physical objects including electronic devices, automobiles, buildings and other objects equipped with the IoT network component.
Browse the full report at http://www.credenceresearch.com/report/internet-of-things-iot-microcontrollers-market
The concept of IoT works on the principle of connecting various objects that can be assigned with an internet protocol (IP) address. Basic components of the IoT network such as sensing devices are based upon microcontroller platforms for connectivity and data collection. This makes IoT microcontrollers among the most important aspects of the overall IoT industry.
The rising IoT trend worldwide is the most significant factor fueling the IoT microcontroller industry growth. IoT is witnessing strong adoption across various applications such as industrial automation, smart appliances, smart grids, home automation and smart cities among others. With the rising number of connected devices globally, it becomes highly essential to develop high performance microcontrollers for different IoT applications. Considering the adoption rate of IoT services, various companies worldwide have already begun developing high performance IoT microcontrollers. Another major factor pushing the industry growth is the growing miniaturization of electronic devices.
Competitive Insights:
The global IoT microcontroller industry is highly competitive in nature with numerous technology giants trying to increase their footprint in the industry. The IoT microcontroller industry is highly technology driven and is mainly pushed by the rising number of connected devices. Due to high potential in the overall IoT industry, microcontroller manufacturers are focusing towards supplying advanced microcontroller solutions specifically for IoT applications.
Mergers and acquisition are among the most prominent trends adopted by the companies in order to gain a competitive edge in the industry. One of the most significant instance is the acquisition of Atmel Corporation, a U.S. based microcontroller manufacturer by Microchip Technology, Inc., another U.S. based microcontroller manufacturer. Another major instance is the acquisition of Itseez, Inc. by Intel Corporation. With headquarters in the U.S., Itseez, Inc. is software vendor engaged in developing applications and algorithms for embedded hardware used in IoT and automotive applications.
Key Trends:
• Focus on development of advanced (low-power and ultra-low-power) IoT microcontrollers
• Emphasis on specific IoT applications (especially automotive, healthcare, consumer electronics etc.)
• Rising penetration of connected devices
• Acquisition and partnerships for entering/strengthening the position in the industry
Browse Full Report At: https://goo.gl/nLha83
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global IoT Microcontrollers Market
2.2 Global IoT Microcontrollers Market, By Product
2.3 Global IoT Microcontrollers Market, By Application
2.4 Global IoT Microcontrollers Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global IoT Microcontrollers Market Revenue, 2014 – 2023, (US$ Mn)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Competitive Analysis..
Request Sample: http://www.credenceresearch.com/sample-request/57869

Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com

About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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