IoT Microcontroller Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, Segmented By Product (8 bit, 16 bit, and 32 bit), By Application (industrial automation, smart homes, consumer electronics, and others), By End-User (Aerospace and Defense, Consumer Electronics, Automotive, Healthcare, Other), By Region, Competition

  • Industry : ICT
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Summary

Report Description

The global IoT Microcontroller market is anticipated to thrive in the forecast period 2024-2028. The demand for low-power, high-performance, and energy-efficient connected goods along with the growing number of IoT connections between the consumer and business sectors are some of the main factors driving the market expansion.

Additionally, a growing demand for embedded Non-Volatile Memory (eNVM) solutions over System-in-Package (SiP) solutions in high-end applications including industrial automation, smart utilities, and smart transportation is anticipated to be positive for the expansion of the IoT microcontroller market over the ensuing years. But throughout the course of the projected period, it's anticipated that the lack of industry standards, device optimization, and data security will restrain the market expansion.

A microcontroller unit (MCU) is a small, standalone computer made up of just one integrated circuit, sometimes known as a microchip. Microcontrollers for the Internet of Things (IoT) are designed to carry out certain tasks and can be interconnected with the majority of other devices, including wearable technology, industrial machinery, warehouse inventory items, home appliances, and others. Numerous IoT gadgets and systems make use of microcontrollers.

Rising Demand for Wearable Technologies

Wearables continue to gain popularity today. Smart gadgets known as wearables can be integrated in clothing, implanted in the user's body, or worn as an accessory. The comfort of end users can be increased by synchronising wearables with smartphones so that users can answer calls, read messages, and perform a number of other tasks without taking out their cellphones from the pocket or handbag. They can also be used to track different health aspects. Wearables can now be combined with IoT technology, thanks to the shrinking of sensors and advancements in cutting-edge technologies like Artificial Intelligence, Machine Learning, and Big Data Analytics. The adoption of wearables is anticipated to be fueled by the millennial generation's increased demand for fitness wearables. People are being encouraged to explore different fitness-related activities and use wearables to track their performance as a result of lifestyle illnesses like obesity, body inactivity, etc. New business prospects in wearable technology are emerging as a result of the miniaturisation of sensors and power sources along with the ongoing deployment of dependable, and seamless connection. Several companies, including Apple Inc. and Google LLC, are making significant investments in the creation of wearable technology, followed by the introduction of cutting-edge wearables. For instance, Apple Inc. introduced the Apple Watch Series 7 with heart monitoring capabilities in November 2021.

Growing Use of Smart Meters in Smart Power Grid

Electricity, natural gas, and water consumption can all be measured with smart metres. The deployment of smart metres is rising in conjunction with the importance being placed on maintaining energy security, the increasing need for energy efficiency and resource conservation, and the aggressive government digitization projects. Smart metres own the potential to make a significant difference in the energy grid's effectiveness, dependability, and security. The smart metres put at the customers' locations and the utility centre, are connected seamlessly, thanks to the microcontrollers employed in the devices. In reality, utility companies have been aggressively using smart metres among the IoT devices to regulate the energy supply to buildings, remotely and effectively. The development of the IoT microcontroller market is anticipated to be fueled by the smart grid efforts being undertaken by various governments, followed by the subsequent installation of smart metres.

High Operational Efficiency Is Strongly Implied In Fleet Management

IoT in fleet management is a new technology that aims to boost logistical and transportation processes' operational efficacy. Fleet management service providers now have more prospects due to the digitalization of vehicles, the unrelenting growth of the transportation and logistics sectors. The primary factor supporting the implementation of IoT in fleet management has been the growing desire to reduce costs while enhancing operational efficiencies and boosting profitability. IoT technology combined with mobile, handheld devices, navigation systems, sensors, and cameras can often aid in real-time monitoring of vehicle data. Hence, all these factors are boosting the growth of global IoT Microcontroller market.



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Market Segmentation

Global IoT Microcontroller market is segmented by Product, Application, and End-User. On the basis of product, the market is segmented into 8 bit, 16 bit, and 32 bit. On the basis of application, the market is further divided into industrial automation, smart homes, consumer electronics, and others. Moreover, on the basis of End-User market is segmented aerospace and defense, consumer electronics, automotive, healthcare, other.

Market Player

Major market players in the global IoT Microcontroller market are Broadcom Inc., Espressif Systems (Shanghai) Co., Ltd, Holtek Semiconductor Inc., Infineon Technologies AG, Microchip Technology Inc., Nuvoton Technology Corporation, NXP Semiconductors N.V., Silicon Laboratories, Inc., STMicroelectronics N.V..

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Product

By Application

By End-User

Regional scope

Asia-Pacific; North America; Europe; South America; Middle East

Country scope

United States, Canada, Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Russia, Spain, Belgium, Italy, Brazil, Colombia, Argentina, Peru, Chile, Saudi Arabia, South Africa, UAE, Israel, Turkey

Key companies profiled

Broadcom Inc., Espressif Systems (Shanghai) Co., Ltd, Holtek Semiconductor Inc., Infineon Technologies AG, Microchip Technology Inc., Nuvoton Technology Corporation, NXP Semiconductors N.V., Silicon Laboratories, Inc., STMicroelectronics N.V.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Global IoT Microcontroller market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

      ·         IoT Microcontroller Market, By Product

o   8 bit

o   16 bit

o   32 bit

      ·         IoT Microcontroller Market, By Application

o   Industrial Automation

o   Smart Homes

o   Consumer Electronics

o   Others

      ·         IoT Microcontroller Market, By End-User

o   Aerospace and Defense

o   Consumer Electronics

o   Automotive

o   Healthcare

o   Other

      ·         IoT Microcontroller Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  United Kingdom

§  France

§  Russia

§  Spain

§  Belgium

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East

§  Saudi Arabia

§  South Africa

§  UAE

§  Israel

§  Turkey

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global IoT Microcontroller market.

Available Customizations:

Global IoT Microcontroller market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

The Global IoT Microcontroller market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global IoT Microcontroller Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Vendor

5.3.  Key Satisfaction Level

5.4.  Major Challenges Faced

5.5.  Technological Awareness

5.6.  Key Services in Use

5.7.  Frequency of Usage of IoT Microcontroller

6.    Global IoT Microcontroller Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product (8 bit, 16 bit, and 32 bit)

6.2.2.    By Application (industrial automation, smart homes, consumer electronics, and others)

6.2.3.    End-User (Aerospace and Defense, Consumer Electronics, Automotive, Healthcare, Other)

6.2.4.    By Region

6.2.5.    By Company

6.3.  Market Map

7.    North America IoT Microcontroller Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By By Product

7.2.2.    By Application

7.2.3.    By End-User

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States IoT Microcontroller Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By By Product

7.3.1.2.2.           By Application

7.3.1.2.3.           By End-User

7.3.2.    Canada IoT Microcontroller Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product

7.3.2.2.2.           By Application

7.3.2.2.3.           By End-User

7.3.3.    Mexico IoT Microcontroller Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product

7.3.3.2.2.           By Application

7.3.3.2.3.           By End-User

8.    Asia-Pacific IoT Microcontroller Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product

8.2.2.    By Application

8.2.3.    By End-User

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China IoT Microcontroller Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.3.        By By Product

8.3.1.4.        By Application

8.3.1.5.        By End-User

8.3.2.    India IoT Microcontroller Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product

8.3.2.2.2.           By Application

8.3.2.2.3.           By End-User

8.3.3.    Japan IoT Microcontroller Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product

8.3.3.2.2.           By Application

8.3.3.2.3.           By End-User

8.3.4.    South Korea IoT Microcontroller Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product

8.3.4.2.2.           By Application

8.3.4.2.3.           By End-User

8.3.5.    Australia IoT Microcontroller Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product

8.3.5.2.2.           By Application

8.3.5.2.3.           By End-User

8.3.6.    Singapore IoT Microcontroller Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value 

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Product

8.3.6.2.2.           By Application

8.3.6.2.3.           By End-User Vertical

8.3.7.    Malaysia IoT Microcontroller Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value 

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Product

8.3.7.2.2.           By Application

8.3.7.2.3.           By End-User

9.    Europe IoT Microcontroller Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.1.1.           By Product

9.2.1.1.2.           By Application

9.2.1.1.3.           By End-User

9.2.1.1.4.           By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany IoT Microcontroller Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product

9.3.1.2.2.           By Application

9.3.1.2.3.           By End-User

9.3.2.    United Kingdom IoT Microcontroller Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product

9.3.2.2.2.           By Application

9.3.2.2.3.           By End-User

9.3.3.    France IoT Microcontroller Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product

9.3.3.2.2.           By Application

9.3.3.2.3.           By End-User

9.3.4.    Russia IoT Microcontroller Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value 

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Product

9.3.4.2.2.           By Application

9.3.4.2.3.           By End-User

9.3.5.    Spain IoT Microcontroller Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value 

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Product

9.3.5.2.2.           By Application

9.3.5.2.3.           By End-User

9.3.6.    Belgium IoT Microcontroller Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value 

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Product

9.3.6.2.2.           By Application

9.3.6.2.3.           By End-User

9.3.7.    Italy IoT Microcontroller Market Outlook

9.3.7.1.        Market Size & Forecast

9.3.7.1.1.           By Value 

9.3.7.2.        Market Share & Forecast

9.3.7.2.1.           By Product

9.3.7.2.2.           By Application

9.3.7.2.3.           By End-User

10. South America IoT Microcontroller Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1.1.     By Product

10.2.1.2.     By Application

10.2.1.3.     By End-User

10.2.1.4.     By Country

10.3.             South America: Country Analysis

10.3.1. Brazil IoT Microcontroller Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product

10.3.1.2.2.         By Application

10.3.1.2.3.         By End-User

10.3.2. Argentina IoT Microcontroller Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product

10.3.2.2.2.         By Application

10.3.2.2.3.         By End-User

10.3.3. Colombia IoT Microcontroller Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product

10.3.3.2.2.         By Application

10.3.3.2.3.         By End-User

10.3.4. Peru IoT Microcontroller Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product

10.3.4.2.2.         By Application

10.3.4.2.3.         By End-User

10.3.5. Chile IoT Microcontroller Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value 

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Product

10.3.5.2.2.         By Application

10.3.5.2.3.         By End-User

11. Middle East & Africa IoT Microcontroller Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1.1.     By Product

11.2.1.2.     By Application

11.2.1.3.     By End-User

11.2.1.4.     By Country

11.3.             Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia IoT Microcontroller Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value 

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Product

11.3.1.2.2.         By Application

11.3.1.2.3.         By End-User

11.3.2. South Africa IoT Microcontroller Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value 

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Product

11.3.2.2.2.         By Application

11.3.2.2.3.         By End-User

11.3.3. UAE IoT Microcontroller Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value 

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Product

11.3.3.2.2.         By Application

11.3.3.2.3.         By End-User

11.3.4. Israel IoT Microcontroller Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value 

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Product

11.3.4.2.2.         By Application

11.3.4.2.3.         By End-User

11.3.5. Turkey IoT Microcontroller Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value 

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Product

11.3.5.2.2.         By Application

11.3.5.2.3.         By End-User

12. Market Dynamics

12.1. Drivers

12.1.1. Rising Demand for Wearable Technologies

12.1.2. Growing Use of Smart Meters in Smart Power Grid

12.1.3. High Operational Efficiency Is Strongly Implied In Fleet Management

12.2. Challenges

12.2.1. Fluctuations In Average Selling Prices

12.2.2. Strong Emphasis On High Operational Efficiency In Fleet Management

13. Market Trends & Developments

13.1.   Increasing Adoption of Data Collection and Labeling Tools in Healthcare Industry

13.2.   Rise In Technological Development

13.3.   Government Initiatives

13.4.   The increasing demand for low-cost, smart wireless sensor

13.5.   growing awareness of IoT

14. Company Profiles

14.1.             Broadcom Inc.

14.1.1. Business Overview

14.1.2. Key Revenue and Financials

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.1.6. SWOT Analysis

14.2.             Espressif Systems (Shanghai) Co., Ltd

14.2.1. Business Overview

14.2.2. Key Revenue and Financials

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.2.6. SWOT Analysis

14.3.             Infineon Technologies AG

14.3.1. Business Overview

14.3.2. Key Revenue and Financials

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.3.6. SWOT Analysis

14.4.             Microchip Technology Inc.

14.4.1. Business Overview

14.4.2. Key Revenue and Financials

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.4.6. SWOT Analysis

14.5.             Nuvoton Technology Corporation

14.5.1. Business Overview

14.5.2. Key Revenue and Financials

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.5.6. SWOT Analysis

14.6.             Silicon Laboratories, Inc.

14.6.1. Business Overview

14.6.2. Key Revenue and Financials

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.6.6. SWOT Analysis

14.7.             NXP Semiconductors N.V.

14.7.1. Business Overview

14.7.2. Key Revenue and Financials

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.7.6. SWOT Analysis

14.8.             STMicroelectronics N.V.

14.8.1. Business Overview

14.8.2. Key Revenue and Financials

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.8.6. SWOT Analysis

14.9.             N.V.Corporation

14.9.1. Business Overview

14.9.2. Key Revenue and Financials

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.9.6. SWOT Analysis

14.10.          Tibco Holtek Semiconductor Inc.

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials

14.10.3.              Recent Developments

14.10.4.              Key Personnel

14.10.5.              Key Product/Services

14.10.6.              SWOT Analysis

1.    Strategic Recommendations

1.1.  Key focus on Asia Pasific Region

1.2.  Key focus towards Automotive

2.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Broadcom Inc., Espressif Systems (Shanghai) Co., Ltd, Holtek Semiconductor Inc., Infineon Technologies AG, Microchip Technology Inc., Nuvoton Technology Corporation, NXP Semiconductors N.V., Silicon Laboratories, Inc., STMicroelectronics N.V.

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N-Channel Power MOSFET, P-Channel Power MOSFET are used in IoT.

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Asia-Pacific is the fastest-growing region in the IoT Microcontroller market due to developing IT industry and various government initiatives.

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The IoT Microcontroller network allows the objects to be sensed and controlled automatically across the existing infrastructure.

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Sakshi Bajaal

Business Consultant
Press Release

IoT Microcontroller Market to be Driven by Increased Demand of Smart Wearables

Feb, 2023

Internet Connectivity Growth in technologically advanced countries is expected to drive the Global IoT Microcontroller Market in the forecast period 2024-2028.

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