Global Iot Microcontroller Market Size & Outlook
Global iot microcontroller market, 2018-2030 (US$M)
Related Markets
Global iot microcontroller market highlights
- The global iot microcontroller market generated a revenue of USD 4,960.1 million in 2022 and is expected to reach USD 12,937.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 12.7% by 2030.
- In terms of segment, 32 bit accounted for a revenue of USD 2,329.7 million in 2022.
- 32 Bit is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Taiwan is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,960.1 million |
| Market revenue in 2030 | USD 12,937.7 million |
| Growth rate | 12.7% (CAGR from 2022 to 2030) |
| Largest segment | 32 bit |
| Fastest growing segment | 32 Bit |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 8 Bit, 16 Bit, 32 Bit |
Other key industry trends
- In terms of revenue, the North America accounted for 20.9% of the global iot microcontroller market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Taiwan is the fastest growing regional market and is projected to reach USD 540.9 million by 2030.
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IoT Microcontroller Market Scope
IoT Microcontroller Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global iot microcontroller market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot microcontroller market will help companies and investors design strategic landscapes.
32 bit was the largest segment with a revenue share of 46.97% in 2024. Horizon Databook has segmented the Global iot microcontroller market based on 8 bit, 16 bit, 32 bit covering the revenue growth of each sub-segment from 2018 to 2030.
- Global IoT Microcontroller Product Outlook (Revenue, USD Million, 2018-2030)
- 8 Bit
- 16 Bit
- 32 Bit
- Global IoT Microcontroller Application Outlook (Revenue, USD Million, 2018-2030)
- Industrial Automation
- Smart Home
- Consumer Electronics
- Smartphones
- Wearables
- Others
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global iot microcontroller market , including forecasts for subscribers. This global databook contains high-level insights into Global iot microcontroller market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global iot microcontroller market size, by regions, 2018-2030 (US$M)
Top 10 countries: Iot microcontroller market size, 2024 (US$M)
Global iot microcontroller market share, by product, 2024 & 2030 (%, US$M)
Iot microcontroller market: Opportunity assessment by country
Global iot microcontroller market, by region, 2024 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 902.9 | 877.1 | 937.6 | 991.8 | 1,038.7 | 1,079.1 | 1,141.7 | 1,240.2 | 1,373.5 | 1,557.0 | 1,796.2 | 2,110.1 | 2,524.8 | 14.1% |
| Europe | 922.9 | 902.9 | 972.3 | 1,036.1 | 1,093.2 | 1,144.1 | 1,219.7 | 1,335.1 | 1,490.0 | 1,702.3 | 1,979.3 | 2,343.8 | 2,826.9 | 15.0% |
| Asia Pacific | 1,965.4 | 1,940.6 | 2,108.9 | 2,267.7 | 2,414.4 | 2,549.6 | 2,742.4 | 3,028.4 | 3,409.5 | 3,929.5 | 4,608.5 | 5,504.3 | 6,695.9 | 16.0% |
| Latin America | 231.7 | 223.3 | 236.9 | 248.6 | 258.2 | 266.0 | 279.0 | 300.5 | 329.7 | 370.3 | 423.1 | 492.2 | 583.0 | 13.1% |
| MEA | 146.7 | 139.8 | 146.5 | 151.8 | 155.6 | 158.1 | 163.4 | 173.2 | 187.1 | 206.6 | 231.8 | 264.6 | 307.1 | 11.1% |
| Overall | 4,169.5 | 4,083.7 | 4,402.2 | 4,696.0 | 4,960.1 | 5,196.8 | 5,546.3 | 6,077.3 | 6,789.8 | 7,765.7 | 9,038.8 | 10,715.0 | 12,937.7 | 15.2% |
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