Internet of Things (IoT) microcontroller is as a combination of IoT technology and microcontroller. The IoT requires sensors and actuators to link the physical and digital worlds. A sensor converts a physical state into an analog or digital signal, while an actuator turns a digital signal into some physical effect. The next step in the IoT architecture is the computing system which processes or generates the digital signals which can be performed by the microcontroller.
The key players in the global IoT microcontroller market are Atmel (U.S), Freescale (U.S.), Infineon (Germany), ST Microelectronics (Switzerland), Texas Instruments (U.S), Fujitsu Ltd (Japan). Atmel, a prominent player in IoT microcontroller market, has joined hands with Microchip Technology Inc. to create a powerhouse in the Internet of Things (IoT). The tie between both the companies is to create full-stack silicon house with all the IoT hardware ingredients ranging from microcontroller units (MCUs) to analog to flash.
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The key factors driving the market include advancements in the application of fields of the internet of things to meet the demands of technologically advanced products of a wide consumer base. The deployment of smart meter across several residential and commercial sectors for close monitoring of the total consumption of energy is aiding the market growth. Further, IoT MCU growth in the industrial sector can quickly address and resolve issues such as inadequate security, meagre consumer demand, technology barriers, and lack of standards.
Global IoT Microcontroller Market is estimated to grow at CAGR of approximately 12% during the forecast period of 2017-2023.
- Atmel (U.S),
- Freescale (U.S.),
- Infineon (Germany),
- ST Microelectronics (Switzerland),
- Texas Instruments (U.S),
- Fujitsu Ltd (Japan),
- Microchip Technology (U.S.),
- Samsung Group (South Korea),
- Intel Corporation (U.S.).
The global IoT microcontroller market is segmented into product type and application. The product type segment consists of 8 bit, 16 bit, and 32 bit IoT microcontrollers. The application segment consists of consumer electronics, automotive, industries, healthcare, and others.
The global IoT microcontroller market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America accounts for the highest share in the global IoT microcontroller market, owing to the increasing IT requirements and rising demand from the smart home segment. The rapid technological advancements in the smart devices segment are fueling the market growth in the North American region. Asia Pacific market is growing with the highest CAGR owing to rising advancement in the automotive industry associated with vehicle connectivity and interactive safety system, which is anticipated to leverage the demand of IoT microcontroller market. Furthermore, increasing demand for various consumer electronic devices such as smartphones, tablets, smart television and smart watches among others is also expected to propel the demand for microcontroller in the region. Moreover, the presence of major smart device manufacturers is boosting the market growth in the region.
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- Technology Investors
- Research/Consultancy Firms
- Software Providers
- System Integrators
- Government and Standardization Bodies
- Hardware providers
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
List of Tables
Table 1 Global IoT Microcontroller Market: By Region, 2017-2023
Table 2 North America IoT Microcontroller Market: By Country, 2017-2023
Table 3 Europe IoT Microcontroller Market: By Country, 2017-2023
Table 4 Asia Pacific IoT Microcontroller Market: By Country, 2017-2023
Table 5 Rest of the World IoT Microcontroller Market: By Country, 2017-2023
List of Figures
Figure 1 Global Iot Microcontroller Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Iot Microcontroller Market
Figure 4 Value Chain of Global Iot Microcontroller Market
Figure 5 Share of Global IoT Microcontroller Market in 2017, By Country (In %)
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