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Microcontroller market growth tied to rise in IoT apps

Monday 21 September 2015 | 14:50 CET | News
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 USD 1.7 billion in 2014 to USD 2.8 billion in 2019, according to IHS. The overall MCU market is expected to grow at a CAGR of just 4 percent through 2019. The rise of this market is having a positive effect on overall MCU market growth, researchers said. IHS sub-divides the IoT market into three distinct categories, namely controllers, such as PCs and smartphones, infrastructure, such as

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Categories: Internet
Companies: Broadcom / Cisco / Freescale Semiconductor / IHS / Infineon / Intel / Qualcomm / Renesas / Renesas Electronics / Texas Instruments
Countries: World
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