Mexico Iot Microcontroller Market Size & Outlook

The iot microcontroller market in Mexico is expected to reach a projected revenue of US$ 171.3 million by 2030. A compound annual growth rate of 12.3% is expected of Mexico iot microcontroller market from 2023 to 2030.
Revenue, 2022 (US$M)
$67.9
Forecast, 2030 (US$M)
$171.3
CAGR, 2023 - 2030
12.3%
Report Coverage
Mexico

Mexico iot microcontroller market highlights

  • The Mexico iot microcontroller market generated a revenue of USD 67.9 million in 2022 and is expected to reach USD 171.3 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 12.3% 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.


Iot microcontroller market data book summary

Market revenue in 2022USD 67.9 million
Market revenue in 2030USD 171.3 million
Growth rate12.3% (CAGR from 2022 to 2030)
Largest segment32 bit
Fastest growing segment32 Bit
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, Mexico accounted for 1.4% of the global iot microcontroller market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil iot microcontroller market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 171.3 million by 2030.

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IoT Microcontroller Market Companies

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Mexico 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 47.86% in 2022. Horizon Databook has segmented the Mexico 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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  • Our clientele includes a mix of iot microcontroller market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico iot microcontroller market , including forecasts for subscribers. This country databook contains high-level insights into Mexico iot microcontroller market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico iot microcontroller market size, by product, 2018-2030 (US$M)

Mexico IoT Microcontroller Market Outlook Share, 2022 & 2030 (US$M)

Mexico iot microcontroller market size, by product, 2018-2030 (US$M)

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