The Latin America, Middle East and Africa IoT Microcontroller Market would witness market growth of 15.6% CAGR during the forecast period (2022-2028).
The growth of the IoT microcontroller market is fueled by the increasing penetration of smartphones. The increasing trend of bring-your-own-device, or BYOD, and cloud computing is propelling the market growth. The growing popularity of big data, cloud, and virtualization is also accelerating the adoption of IoT microcontrollers. During the forecast period, factors such as the increasing ubiquity of mobile devices and the rise in demand for mobility services are predicted to promote the growth of the IoT microcontroller market. Technological developments and increased automation across various industries are all factors boosting the market.
Recent evolution in the automotive industry is due to factors such as rapid innovations and developments across the automotive sector as a result of widespread use of the internet of things (IoT). In addition, the need for new goods and solutions is driven by an increase in the trend of working with automated equipment and machinery, the growth in the range of electronic products, along with technological advancements.
The high demand for electric and hybrid vehicles is anticipated to deliver various significant growth prospects for the market players operating in the microcontroller market in the future. Some other major drivers for regional market growth of MCUs are increasing demand for flexibility and agility in the industrial ecosystem. The rising integration of the internet of things (IoT) is also the factor that is driving the employment of IoT microcontrollers. The consumer electronics sector would majorly complement the expansion of the market. Growing popularity to figure through automated machines and equipment is another key trend that is encouraging regional market players to bring more developments and advancements across these microcontrollers.
The Brazil market dominated the LAMEA IoT Microcontroller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $171.9 million by 2028. The Argentina market is poised to grow at a CAGR of 16.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 15.3% during (2022 - 2028).
Based on Type, the market is segmented into 32-bit, 16-bit, and 8-bit. Based on Application, the market is segmented into Consumer Electronics (Smartphones, Wearables, and Others), Industrial Automation, Smart Homes, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global IoT Microcontroller Market is Predict to reach $9.9 Billion by 2028, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Silicon Laboratories, Inc., Espressif Systems Shanghai Co Ltd., Holtek Semiconductor, Inc., Renesas Electronics Corporation, STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments, Inc., NXP Semiconductors N.V., Nuvoton Technology Corporation, and Microchip Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Consumer Electronics
- Smartphones
- Wearables
- Others
- Industrial Automation
- Smart Homes
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Silicon Laboratories, Inc.
- Espressif Systems Shanghai Co Ltd.
- Holtek Semiconductor, Inc.
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- Nuvoton Technology Corporation
- Microchip Technology, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT Microcontroller Market, by Type
1.4.2 LAMEA IoT Microcontroller Market, by Application
1.4.3 LAMEA IoT Microcontroller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
Chapter 4. LAMEA IoT Microcontroller Market by Type
4.1 LAMEA 32-bit Market by Country
4.2 LAMEA 16-bit Market by Country
4.3 LAMEA 8-bit Market by Country
Chapter 5. LAMEA IoT Microcontroller Market by Application
5.1 LAMEA Consumer Electronics Market by Country
5.2 LAMEA IoT Microcontroller Market by Consumer Electronics Type
5.2.1 LAMEA Smartphones Market by Country
5.2.2 LAMEA Wearables Market by Country
5.2.3 LAMEA Others Market by Country
5.3 LAMEA Industrial Automation Market by Country
5.4 LAMEA Smart Homes Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA IoT Microcontroller Market by Country
6.1 Brazil IoT Microcontroller Market
6.1.1 Brazil IoT Microcontroller Market by Type
6.1.2 Brazil IoT Microcontroller Market by Application
6.1.2.1 Brazil IoT Microcontroller Market by Consumer Electronics Type
6.2 Argentina IoT Microcontroller Market
6.2.1 Argentina IoT Microcontroller Market by Type
6.2.2 Argentina IoT Microcontroller Market by Application
6.2.2.1 Argentina IoT Microcontroller Market by Consumer Electronics Type
6.3 UAE IoT Microcontroller Market
6.3.1 UAE IoT Microcontroller Market by Type
6.3.2 UAE IoT Microcontroller Market by Application
6.3.2.1 UAE IoT Microcontroller Market by Consumer Electronics Type
6.4 Saudi Arabia IoT Microcontroller Market
6.4.1 Saudi Arabia IoT Microcontroller Market by Type
6.4.2 Saudi Arabia IoT Microcontroller Market by Application
6.4.2.1 Saudi Arabia IoT Microcontroller Market by Consumer Electronics Type
6.5 South Africa IoT Microcontroller Market
6.5.1 South Africa IoT Microcontroller Market by Type
6.5.2 South Africa IoT Microcontroller Market by Application
6.5.2.1 South Africa IoT Microcontroller Market by Consumer Electronics Type
6.6 Nigeria IoT Microcontroller Market
6.6.1 Nigeria IoT Microcontroller Market by Type
6.6.2 Nigeria IoT Microcontroller Market by Application
6.6.2.1 Nigeria IoT Microcontroller Market by Consumer Electronics Type
6.7 Rest of LAMEA IoT Microcontroller Market
6.7.1 Rest of LAMEA IoT Microcontroller Market by Type
6.7.2 Rest of LAMEA IoT Microcontroller Market by Application
6.7.2.1 Rest of LAMEA IoT Microcontroller Market by Consumer Electronics Type
Chapter 7. Company Profiles
7.1 Silicon Laboratories, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.1 Recent strategies and developments:
7.1.1.1 Partnerships, Collaborations, and Agreements:
7.2 Espressif Systems Shanghai Co Ltd.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Holtek Semiconductor, Inc.
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.4 Renesas Electronics Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.5 STMicroelectronics N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Infineon Technologies AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.5.4 Geographical Expansions:
7.6.6 SWOT Analysis
7.7 Texas Instruments, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 NXP Semiconductors N.V.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 Nuvoton Technology Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Microchip Technology, Inc.
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 LAMEA IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 2 LAMEA IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – IoT Microcontroller Market
TABLE 4 Product Launches And Product Expansions – IoT Microcontroller Market
TABLE 5 Acquisition and Mergers – IoT Microcontroller Market
TABLE 6 LAMEA IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 7 LAMEA IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 8 LAMEA 32-bit Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA 32-bit Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA 16-bit Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA 16-bit Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA 8-bit Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA 8-bit Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 15 LAMEA IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 16 LAMEA Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 19 LAMEA IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 20 LAMEA SMARTPHONES MARKET by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA WEARABLES MARKET by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA WEARABLES MARKET by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Industrial Automation Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Industrial Automation Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Smart Homes Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Smart Homes Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA IoT Microcontroller Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA IoT Microcontroller Market by Country, 2022 - 2028, USD Million
TABLE 34 Brazil IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 35 Brazil IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 36 Brazil IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 37 Brazil IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 38 Brazil IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 39 Brazil IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 40 Brazil IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 41 Brazil IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 42 Argentina IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 43 Argentina IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 44 Argentina IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 45 Argentina IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 46 Argentina IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 47 Argentina IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 48 Argentina IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 49 Argentina IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 50 UAE IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 51 UAE IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 52 UAE IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 53 UAE IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 54 UAE IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 55 UAE IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 56 UAE IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 57 UAE IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 58 Saudi Arabia IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 59 Saudi Arabia IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 60 Saudi Arabia IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 61 Saudi Arabia IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 62 Saudi Arabia IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 63 Saudi Arabia IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 66 South Africa IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 67 South Africa IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 68 South Africa IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 69 South Africa IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 70 South Africa IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 71 South Africa IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 72 South Africa IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 73 South Africa IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 74 Nigeria IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 75 Nigeria IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 76 Nigeria IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 77 Nigeria IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 78 Nigeria IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 79 Nigeria IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 80 Nigeria IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 81 Nigeria IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 82 Rest of LAMEA IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 83 Rest of LAMEA IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 84 Rest of LAMEA IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 85 Rest of LAMEA IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 86 Rest of LAMEA IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 87 Rest of LAMEA IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 88 Rest of LAMEA IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 89 Rest of LAMEA IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 90 key information – Silicon Laboratories, Inc.
TABLE 91 Key information – Espressif Systems Shanghai Co Ltd.
TABLE 92 Key Information – Holtek Semiconductor, Inc.
TABLE 93 key information – Renesas Electronics Corporation
TABLE 94 Key Information – STMicroelectronics N.V.
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Texas Instruments, Inc.
TABLE 97 Key Information – NXP Semiconductors N.V.
TABLE 98 Key Information – Nuvoton Technology Corporation
TABLE 99 Key Information – Microchip Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Renesas Electronics Corporation
FIG 6 Recent strategies and developments: STMicroelectronics N.V.
FIG 7 Swot analysis: stmicroelectronics n.v.
FIG 8 Recent strategies and developments: Infineon Technologies AG
FIG 9 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 10 SWOT Analysis: Texas Instruments, Inc.
FIG 11 Recent strategies and developments: NXP Semiconductors N.V.
FIG 12 Swot analysis: NXP semiconductors N.V.
FIG 13 Recent strategies and developments: Microchip Technology, Inc.