PUBLISHER: IMARC | PRODUCT CODE: 1541772
PUBLISHER: IMARC | PRODUCT CODE: 1541772
IoT Microcontroller Market Report by Product (8 Bit, 16 Bit, 32 Bit), Application (Industrial Automation, Smart Homes, Consumer Electronics, and Others), and Region 2024-2032
The global IoT microcontroller market size reached US$ 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.9 Billion by 2032, exhibiting a growth rate (CAGR) of 8.03% during 2024-2032.
Internet of Things (IoT) microcontrollers are small, self-contained control units incorporated in a single integrated circuit (IC). They are widely used in smartphones, remote controls, office machines, medical devices, industrial equipment, warehouse inventory items, wearable devices, and home appliances. IoT microcontrollers require minimum programming, are easy to interface with external devices, and offer enhanced security. They are scaled-down computers that provide processing power, memory, and input and output peripherals. As a result, IoT microcontrollers find extensive applications across the consumer electronics, automotive, industrial, smart homes, and healthcare industries.
IoT Microcontroller Market Trends:
The increasing adoption of IoT connections across the globe, coupled with the rapid proliferation of smart devices, is one of the key factors favoring the market growth. IoT microcontroller is widely used in smartphones, wearables, thermostats, lights, speakers, and refrigerators due to their relative simplicity, increased inherent security, and minimal cost. Furthermore, the widespread product utilization in the automotive industry for connected vehicle technology that relies on sensors, antennas, communication devices, smart engine controls, and embedded software is providing a considerable boost to the market growth. Additionally, the integration of embedded non-volatile memory (eNVM) in IoT microcontrollers for high-end applications, as it helps lower power consumption and provides higher speed, better endurance, and increased efficiency, is creating a positive outlook for the market. Moreover, the rising product utilization for home and industrial automation, such as power tools, office machines, smart mirrors, heating systems, security alarms, smart meters, kitchen appliances, and entertainment systems, is providing an impetus to the market growth. Other factors, including significant advancements in the IoT technology, rising product utilization in the healthcare industry, rapid installation of smart meters to monitor overall electrical energy consumption, and increasing adoption of cloud, big data, and virtualization, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global IoT microcontroller market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.
Breakup by Product:
8 Bit
16 Bit
32 Bit
Breakup by Application:
Industrial Automation
Smart Homes
Consumer Electronics
Smartphones
Wearables
Others
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Broadcom Inc, Espressif Systems, Holtek Semiconductor Inc., Infineon Technologies, Intel Corporation, Microchip Technology Inc., Nuvoton Technology Corporation, NXP Semiconductors, Renesas Electronics Corporation, Silicon Laboratories, STMicroelectronics and Texas Instruments Incorporated.
Key Questions Answered in This Report
- 1. What was the size of the global IoT microcontroller market in 2023?
- 2. What is the expected growth rate of the global IoT microcontroller market during 2024-2032?
- 3. What are the key factors driving the global IoT microcontroller market?
- 4. What has been the impact of COVID-19 on the global IoT microcontroller market?
- 5. What is the breakup of the global IoT microcontroller market based on the product?
- 6. What is the breakup of the global IoT microcontroller market based on the application?
- 7. What are the key regions in the global IoT microcontroller market?
- 8. Who are the key players/companies in the global IoT microcontroller market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global IoT Microcontroller Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 8 Bit
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 16 Bit
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 32 Bit
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Industrial Automation
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Smart Homes
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Consumer Electronics
- 7.3.1 Market Trends
- 7.3.2 Key Segments
- 7.3.2.1 Smartphones
- 7.3.2.2 Wearables
- 7.3.2.3 Others
- 7.3.3 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Broadcom Inc
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Espressif Systems
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.3 Holtek Semiconductor Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Infineon Technologies
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Intel Corporation
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Microchip Technology Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Nuvoton Technology Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 NXP Semiconductors
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Renesas Electronics Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Silicon Laboratories
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.11 STMicroelectronics
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Texas Instruments Incorporated
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.1 Broadcom Inc
List of Figures
- Figure 1: Global: IoT Microcontroller Market: Major Drivers and Challenges
- Figure 2: Global: IoT Microcontroller Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: IoT Microcontroller Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: IoT Microcontroller Market: Breakup by Product (in %), 2023
- Figure 5: Global: IoT Microcontroller Market: Breakup by Application (in %), 2023
- Figure 6: Global: IoT Microcontroller Market: Breakup by Region (in %), 2023
- Figure 7: Global: IoT Microcontroller (8 Bit) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: IoT Microcontroller (8 Bit) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: IoT Microcontroller (16 Bit) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: IoT Microcontroller (16 Bit) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: IoT Microcontroller (32 Bit) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: IoT Microcontroller (32 Bit) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: IoT Microcontroller (Industrial Automation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: IoT Microcontroller (Industrial Automation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: IoT Microcontroller (Smart Homes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: IoT Microcontroller (Smart Homes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: IoT Microcontroller (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: IoT Microcontroller (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: IoT Microcontroller (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: IoT Microcontroller (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Canada: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Canada: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Asia-Pacific: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Asia-Pacific: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: China: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: China: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Japan: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Japan: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: India: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: India: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: South Korea: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: South Korea: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Australia: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Australia: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Indonesia: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Indonesia: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Others: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Others: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Europe: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Europe: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Germany: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Germany: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: France: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: France: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United Kingdom: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United Kingdom: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Italy: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Italy: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Spain: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Spain: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Russia: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Russia: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Latin America: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Latin America: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Brazil: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Brazil: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Mexico: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Mexico: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Middle East and Africa: IoT Microcontroller Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Middle East and Africa: IoT Microcontroller Market: Breakup by Country (in %), 2023
- Figure 69: Middle East and Africa: IoT Microcontroller Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: IoT Microcontroller Industry: SWOT Analysis
- Figure 71: Global: IoT Microcontroller Industry: Value Chain Analysis
- Figure 72: Global: IoT Microcontroller Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: IoT Microcontroller Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: IoT Microcontroller Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: IoT Microcontroller Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: IoT Microcontroller Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: IoT Microcontroller Market: Competitive Structure
- Table 6: Global: IoT Microcontroller Market: Key Players
