Global Internet of Things (IoT) Microcontroller Market

Internet of Things (IoT) Microcontroller market Size, Share, Growth Analysis, By Product(8 Bit, 16 Bit, and 32 Bit), By Application(Industrial Automation, Smart Homes, Consumer Electronics (Smartphones, Wearables)), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45N2015 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 68 | Figures: 75

Internet of Things (IoT) Microcontroller market Competitive Landscape

Competitive Landscape in the global IoT microcontroller market put a lot of effort into extending their reach internationally through a variety of tactics, including partnerships, collaborations, and joint ventures. Some players are also spending a lot of money on R&D in order to improve their products and expand their market positions internationally.

Internet of Things (IoT) Microcontroller market Top Player's Company Profiles

  • NXP Semiconductors
  • Texas Instruments
  • STMicroelectronics
  • Infineon Technologies
  • Microchip Technology
  • Cypress Semiconductor
  • Renesas Electronics Corporation
  • Silicon Laboratories
  • Analog Devices, Inc.
  • Marvell Technology Group
  • Nordic Semiconductor
  • Maxim Integrated
  • Espressif Systems
  • ON Semiconductor
  • Atmel Corporation
  • Toshiba Corporation
  • MediaTek Inc.
  • Samsung Electronics
  • Broadcom Inc.
  • Qualcomm Technologies Inc.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Internet of Things (IoT) Microcontroller market size was valued at USD 4.69 billion in 2021 and is poised to grow from USD 5.29 billion in 2022 to USD 13.76 billion by 2030, growing at a CAGR of 12.7% in the forecast period (2023-2030).

Competitive Landscape in the IoT microcontroller market put a lot of effort into extending their reach internationally through a variety of tactics, including partnerships, collaborations, and joint ventures. Some players are also spending a lot of money on R&D in order to improve their products and expand their market positions internationally. 'NXP Semiconductors', 'Texas Instruments', 'STMicroelectronics', 'Infineon Technologies', 'Microchip Technology', 'Cypress Semiconductor', 'Renesas Electronics Corporation', 'Silicon Laboratories', 'Analog Devices, Inc.', 'Marvell Technology Group', 'Nordic Semiconductor', 'Maxim Integrated', 'Espressif Systems', 'ON Semiconductor', 'Atmel Corporation', 'Toshiba Corporation', 'MediaTek Inc.', 'Samsung Electronics', 'Broadcom Inc.', 'Qualcomm Technologies Inc.'

Intelligent devices termed as wearables can be embedded in clothing, implanted in the user's body, or worn as accessories. Wearables can be combined with IoT technology due to the downsizing of sensors and advancements in modern technologies such as Artificial Intelligence, Machine Learning, and Big Data Analytics.

The increasing buzz for the industry is the growing numbers of autonomous and electric vehicles that employ linked infrastructure. The Internet of Things refers to the connectivity of many devices over the Internet. MCU miniaturisation offers system designers a platform that mainly includes use-cases for novel, and emerging applications. This expanding ecosystem of IoT or connected devices, which includes smartphones, Smart TVs, tablets, home appliances, smart metres, and security systems, is expected to have a positive impact on the demand for IoT MCUs. Due to the miniaturisation of sensors and power sources as well as the ongoing development of dependable, seamless connectivity, wearable technology is projected to witness new business opportunities in the coming years.

One of the world's main centres for the production of automobiles is in North America. The expansion of the local economy positively affected both the sales of passenger cars and commercial vehicles. The American Automotive Policy Council 2022 states that American automakers heavily invest in research and development, and automotive microcontrollers are influencing the automotive industry by increasing the demand for 8-bit microcontrollers as vehicle production rises. 8-bit microcontrollers are motivated by hybrid and autonomous vehicles. ​The strong demand for high-end applications across key end-user industries has made the North American market one of the top consumers of microcontrollers.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Internet Of Things (IoT) Market
Buy Now GET FREE SAMPLE
Internet of Things (IoT) in Energy Market
Buy Now GET FREE SAMPLE
Internet of Things (IoT) in Smart Cities Market
Buy Now GET FREE SAMPLE
Internet of Things (IoT) in Agriculture Market
Buy Now GET FREE SAMPLE
Internet of Things (IoT) in Healthcare Market
Buy Now GET FREE SAMPLE
IoT Connectivity Market
Buy Now GET FREE SAMPLE
IoT Sensors Market
Buy Now GET FREE SAMPLE
Microcontroller Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Internet of Things (IoT) Microcontroller Market

Report ID: SQMIG45N2015

$5,300
BUY NOW GET FREE SAMPLE