Report Format: PDF
Published Date: Oct-2018 | 190 Pages | Report ID: VSR001216
Global IoT Microcontroller Market Size is estimated to expand rapidly in coming years, at a CAGR of 16.25 % from 2018 to 2025. In 2017, the global market valuation was USD 4.16 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The IoT microcontroller is a combination of microcontroller and IoT technology. In order to integrate physical and digital worlds, IoT requires sensors and actuators. A sensor transforms an analog or digital signal into a physical state while an actuator transforms a digital signal into a certain physical effect. The next stage in IoT architecture is the computing scheme that handles the digital inputs that the microcontroller can execute.
The growth of the Internet of Things has triggered a steady requirement for creative goods, pressuring system developers to continuously produce advanced alternatives. A platform for device developers, mainly including cases for fresh and evolving applications, is provided for the microcontroller miniaturization. Smartphone, television, tablet, home appliances, consoles, smart meters, and safety systems are covered by the increasing Internet of linked computers and are expected to have a positive effect on supply by IoT microcontrollers. Geographically, North American IoT microcontroller market is expected to witness high boost in the forecast period.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global IoT microcontroller market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global IoT microcontroller market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global IoT microcontroller market has been segmented into 8-bit, 16-bit, and 32-bit. Among which deployment of the 32-bit microcontroller is higher than other types. These processors supply information to pass, read sensors and deliver sensor information to an IP network in real-time. Due to their large RAM sizes and increased efficiency, several businesses such as Silicon Lab, Atmel, and their 16-bit designs provide these processors for the Internet of Things applications. In addition, there is a very small price differential between 8-bit, 16-bit, and 32-bit computers, which can also lead customers to choose 32-bit elevated performance products.
By Application Insights: On the basis of application, global IoT microcontroller market has been segmented into industrial automation, smart homes, consumer electronics and others. Consumer electronics segment is further divided into home appliances, wearables, smartphones, and other consumer electronics. Among which the consumer electronics segment has accounted for largest share and is expected to maintain its dominance over the forecast period. Increasing acceptance of intelligent wearables including wristwear, eyewear, earwear, etc. has driven the development of the IoT microcontroller industry considerably. Wearable electronics provide a fresh growth platform for the burgeoning IoT industry, varying from intelligent watches to wellness appliances. An attractive industry has been developed for half producers by the growing success of these products, a pattern that is anticipated to remain accurate in the coming forecast period.
Regional Analysis
The IoT microcontroller market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span. The availability of connected appliances is an important variable that can have a positive effect on national business supply. Thanks to comprehensive advancements in technology and the existence of various main producers that have made progress in MCU promoting IoT equipment, the technology has encountered elevated consumption in North America.
Due to the increased advances in the car industry in the field of car integrated communication and safety systems, Asia Pacific is increasing at the largest level of CAGR, which are expected to boost the requirement for IoT microcontrollers. In addition, a growing requirement is also anticipated to expand on the region's needs for multiple consumer electronic systems such as smartphones, tablets, Smart TV and intelligent clock, amongst others. Europe is anticipated to dominate the global IoT microcontroller market over the projected period majorly owing to the presence of key manufacturers across the region and increasing demand from the electronics segment.
Global IoT Microcontroller Market Size, Share Analysis by Region 2017
Global IoT Microcontroller Market Study Objective
1. To forecast the market size of IoT microcontroller market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of IoT microcontroller market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of IoT microcontroller market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of IoT microcontroller market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the IoT microcontroller market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Atmel Corporation, ARM, NXP Semiconductors, Microchip Technology Inc, Broadcom Corporation, Infineon Technologies, Texas Instruments, STMicroelectronics and Silicon Labs are some of the key players in the market of IoT microcontroller.
Global IoT Microcontroller Market Study Report Offer You!
The global IoT microcontroller market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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