How large is the Microcontroller market?

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How large is the Microcontroller market?

Post by Chuckt » Sun Oct 11, 2015 12:28 pm

Microcontroller Market is estimated to reach USD 26,984.81 million by 2020
http://www.digitaljournal.com/pr/2702592
The market for MCUs used in connected cars, wearable electronics, building automation and other IoT applications is expected to grow at an overall compound annual growth rate (CAGR) of 11 percent, from $1.7-billion in 2014 to $2.8-billion in 2019, according to IHS Inc. The overall MCU market is expected to grow at a CAGR of just 4 percent through 2019.
http://www.ept.ca/electronics/microcont ... 003732889/

Microcontroller Market Growth Tied to Rise in Internet of Things Applications, IHS Says
According to the latest Microcontroller Market Tracker from IHS Technology, IoT comprises both existing Internet-protocol- (IP-) addressable devices and Internet-connectable electronic devices. This definition differs from the Internet of everything (IoE), whereby even unconnected electronics and unconnected objects are expected to be represented on the Web.
http://www.design-reuse.com/news/38293/ ... tions.html

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Re: How large is the Microcontroller market?

Post by brad » Tue Oct 13, 2015 5:41 am

It doesn't surprise me, could you think of an electronic device that wouldn't have a microcontroller? oven's, tv's, fridge's, washing machine's, phone's, tablet's, radio's - the list goes on!

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