
Global IoT Microcontroller Market Report and Forecast 2024-2032
Description
Global IoT Microcontroller Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global IoT microcontroller market reached a value of USD 6.54 billion in 2023. Aided by the increasing demand for next gen smart devices, the market is projected to further grow at a CAGR of 9.4% between 2024 and 2032 to reach a value of USD 15.04 billion by 2032.
The Internet of Things (IoT) microcontroller market is a pivotal force driving the technological revolution, embedding intelligence in everyday devices to foster connectivity, efficiency, and innovation. As the IoT ecosystem expands, microcontrollers—compact integrated circuits designed to execute specific operations—become instrumental in enabling the functionality of connected devices.
The IoT microcontroller market growth is fuelled by the surge in smart home devices, wearable technology, and industrial automation. Projected to grow at a substantial Compound Annual Growth Rate (CAGR), the market's trajectory is shaped by several key dynamics.
The proliferation of IoT devices across various sectors, including healthcare, automotive, and agriculture, necessitates the use of microcontrollers for their ability to process data, control operations, and communicate with other devices. Additionally, advancements in low-power technology and wireless connectivity solutions have enhanced the capabilities of microcontrollers, making them more versatile and energy-efficient.
Moreover, the increasing emphasis on data security and privacy in the IoT space has led to the development of microcontrollers with built-in security features, addressing the growing concerns over device vulnerability and data breaches.
Innovation is influencing the IoT microcontroller market outlook, with manufacturers focusing on developing microcontrollers that offer higher performance, lower power consumption, and enhanced security features. The integration of artificial intelligence (AI) and machine learning (ML) capabilities within microcontrollers is also gaining traction, enabling devices to perform complex tasks, learn from data, and make autonomous decisions.
According to the IoT microcontroller market analysis, there is a significant opportunity for the development of microcontrollers that can seamlessly integrate with emerging technologies such as 5G, edge computing, and blockchain, offering new possibilities for device connectivity and security. Furthermore, the demand for sustainable and eco-friendly devices opens up avenues for innovation in energy harvesting and low-power design.
The future of the industry lies in the convergence of microcontrollers with cutting-edge technologies, enabling the development of smarter, more secure, and energy-efficient IoT devices. As the market evolves, the emphasis on sustainability, interoperability, and security will be key to meeting the complex demands of the IoT landscape.
Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
- 8 Bit
- 16 Bit
- 32 Bit
- Smart Homes
- Industrial Automation
- Consumer Electronics
- Wearables
- Smartphones
- Others
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global IoT microcontroller market. Some of the major players explored in the report by Expert Market Research are as follows:
- Qualcomm Incorporated
- Intel Corporation
- Microchip Technology Inc.
- STMicroelectronics N.V.
- Texas Instruments Incorporated
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Renesas Electronics Corporation
- Holtek Semiconductor Inc.
- Silicon Laboratories Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
155 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 6.1 Global
- 6.2 Regional
- 7 Opportunities and Challenges in the Market
- 8 Global IoT Microcontroller Market Analysis
- 8.1 Key Industry Highlights
- 8.2 Global IoT Microcontroller Historical Market (2018-2023)
- 8.3 Global IoT Microcontroller Market Forecast (2024-2032)
- 8.4 Global IoT Microcontroller Market by Product
- 8.4.1 8 Bit
- 8.4.1.1 Historical Trend (2018-2023)
- 8.4.1.2 Forecast Trend (2024-2032)
- 8.4.2 16 Bit
- 8.4.2.1 Historical Trend (2018-2023)
- 8.4.2.2 Forecast Trend (2024-2032)
- 8.4.3 32 Bit
- 8.4.3.1 Historical Trend (2018-2023)
- 8.4.3.2 Forecast Trend (2024-2032)
- 8.5 Global IoT Microcontroller Market by Application
- 8.5.1 Smart Homes
- 8.5.1.1 Historical Trend (2018-2023)
- 8.5.1.2 Forecast Trend (2024-2032)
- 8.5.2 Industrial Automation
- 8.5.2.1 Historical Trend (2018-2023)
- 8.5.2.2 Forecast Trend (2024-2032)
- 8.5.3 Consumer Electronics
- 8.5.3.1 Historical Trend (2018-2023)
- 8.5.3.2 Forecast Trend (2024-2032)
- 8.5.3.3 Breakup by Type
- 8.5.3.3.1 Wearables
- 8.5.3.3.2 Smartphones
- 8.5.3.3.3 Others
- 8.5.4 Others
- 8.6 Global IoT Microcontroller Market by Region
- 8.6.1 North America
- 8.6.1.1 Historical Trend (2018-2023)
- 8.6.1.2 Forecast Trend (2024-2032)
- 8.6.2 Europe
- 8.6.2.1 Historical Trend (2018-2023)
- 8.6.2.2 Forecast Trend (2024-2032)
- 8.6.3 Asia Pacific
- 8.6.3.1 Historical Trend (2018-2023)
- 8.6.3.2 Forecast Trend (2024-2032)
- 8.6.4 Latin America
- 8.6.4.1 Historical Trend (2018-2023)
- 8.6.4.2 Forecast Trend (2024-2032)
- 8.6.5 Middle East and Africa
- 8.6.5.1 Historical Trend (2018-2023)
- 8.6.5.2 Forecast Trend (2024-2032)
- 9 North America IoT Microcontroller Market Analysis
- 9.1 United States of America
- 9.1.1 Historical Trend (2018-2023)
- 9.1.2 Forecast Trend (2024-2032)
- 9.2 Canada
- 9.2.1 Historical Trend (2018-2023)
- 9.2.2 Forecast Trend (2024-2032)
- 10 Europe IoT Microcontroller Market Analysis
- 10.1 United Kingdom
- 10.1.1 Historical Trend (2018-2023)
- 10.1.2 Forecast Trend (2024-2032)
- 10.2 Germany
- 10.2.1 Historical Trend (2018-2023)
- 10.2.2 Forecast Trend (2024-2032)
- 10.3 France
- 10.3.1 Historical Trend (2018-2023)
- 10.3.2 Forecast Trend (2024-2032)
- 10.4 Italy
- 10.4.1 Historical Trend (2018-2023)
- 10.4.2 Forecast Trend (2024-2032)
- 10.5 Others
- 11 Asia Pacific IoT Microcontroller Market Analysis
- 11.1 China
- 11.1.1 Historical Trend (2018-2023)
- 11.1.2 Forecast Trend (2024-2032)
- 11.2 Japan
- 11.2.1 Historical Trend (2018-2023)
- 11.2.2 Forecast Trend (2024-2032)
- 11.3 India
- 11.3.1 Historical Trend (2018-2023)
- 11.3.2 Forecast Trend (2024-2032)
- 11.4 ASEAN
- 11.4.1 Historical Trend (2018-2023)
- 11.4.2 Forecast Trend (2024-2032)
- 11.5 Australia
- 11.5.1 Historical Trend (2018-2023)
- 11.5.2 Forecast Trend (2024-2032)
- 11.6 Others
- 12 Latin America IoT Microcontroller Market Analysis
- 12.1 Brazil
- 12.1.1 Historical Trend (2018-2023)
- 12.1.2 Forecast Trend (2024-2032)
- 12.2 Argentina
- 12.2.1 Historical Trend (2018-2023)
- 12.2.2 Forecast Trend (2024-2032)
- 12.3 Mexico
- 12.3.1 Historical Trend (2018-2023)
- 12.3.2 Forecast Trend (2024-2032)
- 12.4 Others
- 13 Middle East and Africa IoT Microcontroller Market Analysis
- 13.1 Saudi Arabia
- 13.1.1 Historical Trend (2018-2023)
- 13.1.2 Forecast Trend (2024-2032)
- 13.2 United Arab Emirates
- 13.2.1 Historical Trend (2018-2023)
- 13.2.2 Forecast Trend (2024-2032)
- 13.3 Nigeria
- 13.3.1 Historical Trend (2018-2023)
- 13.3.2 Forecast Trend (2024-2032)
- 13.4 South Africa
- 13.4.1 Historical Trend (2018-2023)
- 13.4.2 Forecast Trend (2024-2032)
- 13.5 Others
- 14 Market Dynamics
- 14.1 SWOT Analysis
- 14.1.1 Strengths
- 14.1.2 Weaknesses
- 14.1.3 Opportunities
- 14.1.4 Threats
- 14.2 Porter’s Five Forces Analysis
- 14.2.1 Supplier’s Power
- 14.2.2 Buyer’s Power
- 14.2.3 Threat of New Entrants
- 14.2.4 Degree of Rivalry
- 14.2.5 Threat of Substitutes
- 14.3 Key Indicators for Demand
- 14.4 Key Indicators for Price
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Company Profiles
- 15.2.1 Qualcomm Incorporated
- 15.2.1.1 Company Overview
- 15.2.1.2 Product Portfolio
- 15.2.1.3 Demographic Reach and Achievements
- 15.2.1.4 Certifications
- 15.2.2 Intel Corporation
- 15.2.2.1 Company Overview
- 15.2.2.2 Product Portfolio
- 15.2.2.3 Demographic Reach and Achievements
- 15.2.2.4 Certifications
- 15.2.3 Microchip Technology Inc.
- 15.2.3.1 Company Overview
- 15.2.3.2 Product Portfolio
- 15.2.3.3 Demographic Reach and Achievements
- 15.2.3.4 Certifications
- 15.2.4 STMicroelectronics N.V.
- 15.2.4.1 Company Overview
- 15.2.4.2 Product Portfolio
- 15.2.4.3 Demographic Reach and Achievements
- 15.2.4.4 Certifications
- 15.2.5 Texas Instruments Incorporated
- 15.2.5.1 Company Overview
- 15.2.5.2 Product Portfolio
- 15.2.5.3 Demographic Reach and Achievements
- 15.2.5.4 Certifications
- 15.2.6 NXP Semiconductors N.V.
- 15.2.6.1 Company Overview
- 15.2.6.2 Product Portfolio
- 15.2.6.3 Demographic Reach and Achievements
- 15.2.6.4 Certifications
- 15.2.7 Infineon Technologies AG
- 15.2.7.1 Company Overview
- 15.2.7.2 Product Portfolio
- 15.2.7.3 Demographic Reach and Achievements
- 15.2.7.4 Certifications
- 15.2.8 Renesas Electronics Corporation
- 15.2.8.1 Company Overview
- 15.2.8.2 Product Portfolio
- 15.2.8.3 Demographic Reach and Achievements
- 15.2.8.4 Certifications
- 15.2.9 Holtek Semiconductor Inc.
- 15.2.9.1 Company Overview
- 15.2.9.2 Product Portfolio
- 15.2.9.3 Demographic Reach and Achievements
- 15.2.9.4 Certifications
- 15.2.10 Silicon Laboratories Inc.
- 15.2.10.1 Company Overview
- 15.2.10.2 Product Portfolio
- 15.2.10.3 Demographic Reach and Achievements
- 15.2.10.4 Certifications
- 15.2.11 Others
- 16 Key Trends and Developments in the Market
- List of Key Figures and Tables
- 1. Global IoT Microcontroller Market: Key Industry Highlights, 2018 and 2032
- 2. Global IoT Microcontroller Historical Market: Breakup by Product (USD Billion), 2018-2023
- 3. Global IoT Microcontroller Market Forecast: Breakup by Product (USD Billion), 2024-2032
- 4. Global IoT Microcontroller Historical Market: Breakup by Application (USD Billion), 2018-2023
- 5. Global IoT Microcontroller Market Forecast: Breakup by Application (USD Billion), 2024-2032
- 6. Global IoT Microcontroller Historical Market: Breakup by Region (USD Billion), 2018-2023
- 7. Global IoT Microcontroller Market Forecast: Breakup by Region (USD Billion), 2024-2032
- 8. North America IoT Microcontroller Historical Market: Breakup by Country (USD Billion), 2018-2023
- 9. North America IoT Microcontroller Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 10. Europe IoT Microcontroller Historical Market: Breakup by Country (USD Billion), 2018-2023
- 11. Europe IoT Microcontroller Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 12. Asia Pacific IoT Microcontroller Historical Market: Breakup by Country (USD Billion), 2018-2023
- 13. Asia Pacific IoT Microcontroller Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 14. Latin America IoT Microcontroller Historical Market: Breakup by Country (USD Billion), 2018-2023
- 15. Latin America IoT Microcontroller Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 16. Middle East and Africa IoT Microcontroller Historical Market: Breakup by Country (USD Billion), 2018-2023
- 17. Middle East and Africa IoT Microcontroller Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 18. Global IoT Microcontroller Market Structure
Pricing
Currency Rates
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