Middle East & Africa Iot Microcontroller Market Size & Outlook

The iot microcontroller market in Middle East & Africa is expected to reach a projected revenue of US$ 307.1 million by 2030. A compound annual growth rate of 8.9% is expected of Middle East & Africa iot microcontroller market from 2023 to 2030.
Revenue, 2022 (US$M)
$155.6
Forecast, 2030 (US$M)
$307.1
CAGR, 2023 - 2030
8.9%
Report Coverage
Middle East & Africa

MEA iot microcontroller market highlights

  • The MEA iot microcontroller market generated a revenue of USD 155.6 million in 2022.
  • The market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
  • In terms of segment, 32 bit was the largest revenue generating product in 2022.
  • 32 Bit is the most lucrative product segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2022USD 155.6 million
Market revenue in 2030USD 307.1 million
Growth rate8.9% (CAGR from 2022 to 2030)
Largest segment32 bit
Fastest growing segment32 Bit
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation8 Bit, 16 Bit, 32 Bit
Key market players worldwideBroadcom Inc, Infineon Technologies AG, Microchip Technology Inc, NXP Semiconductors NV, Silicon Laboratories Inc, STMicroelectronics NV, Renesas Electronics Corp, Texas Instruments Inc, Holtek Semiconductor, Nuvoton Technology


Other key industry trends

  • In terms of revenue, MEA region accounted for 3.1% of the global iot microcontroller market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 6,695.9 million by 2030.

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IoT Microcontroller Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 48.2% in 2022. Horizon Databook has segmented the Middle East & Africa iot microcontroller market based on 8 bit, 16 bit, 32 bit covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa iot microcontroller market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa iot microcontroller market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa iot microcontroller market

Middle East & Africa IoT Microcontroller Market Outlook Share, 2022 & 2030 (US$M)

Middle East & Africa iot microcontroller market

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