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IoT Microcontroller Market to Reach USD 18.76 Billion by 2032 at 16.50% CAGR, Driven by Surge in Smart Device Adoption: AnalystView Market Insights
IoT Microcontroller Market to Reach USD 18.76 Billion by 2032 at 16.50% CAGR, Driven by Surge in Smart Device Adoption: AnalystView Market Insights

Yahoo

time3 days ago

  • Business
  • Yahoo

IoT Microcontroller Market to Reach USD 18.76 Billion by 2032 at 16.50% CAGR, Driven by Surge in Smart Device Adoption: AnalystView Market Insights

The IoT microcontroller market is segmented into three key product types: 8-bit, 16-bit, and 32-bit microcontrollers. 32-bit microcontrollers lead 2024 market share, driven by advanced processing power and expanded memory capabilities. In March2025, Texas Instruments unveiled the world's smallest 32‑bit MCU—the MSPM0C1104—with Cortex-M0+ core in just 1.38mm² package. San Francisco, USA, July 14, 2025 (GLOBE NEWSWIRE) -- The global IoT Microcontroller Market is on a robust growth path, projected to reach a market size of USD 18,765.80 million by 2032, expanding at a compound annual growth rate (CAGR) of 16.50% during the forecast period. This rapid expansion is largely fueled by the ever-growing deployment of Internet of Things (IoT) devices across both consumer and industrial landscapes. IoT microcontrollers are compact, power-efficient chips that function as the brains of connected devices. These chips manage real-time operations, data processing, and communication between sensors, actuators, and networks. As the number of connected devices continues to grow exponentially, so does the need for smarter, faster, and more energy-efficient microcontrollers. From smartwatches and home appliances to industrial machinery and autonomous vehicles, IoT microcontrollers play a pivotal role in enabling seamless device intelligence. According to the OECD, the number of IoT connections globally surpassed non‑IoT connections in 2020, marking a pivotal shift toward smart, interconnected devices. Get Instant Access to the Sample Report PDF @ Proliferation of Smart Devices and Systems- Primary Driving Forces Behind Market Growth One of the primary drivers propelling this market is the proliferation of smart devices and systems across virtually every sector. In the UK, Ofcom reports growth from 13.3 million IoT connections in 2016 to an estimated 39.9 million by 2024, driven by smart device proliferation. In the consumer space, applications such as smart homes, fitness trackers, and wearable health devices rely on microcontrollers to perform quick computations while conserving battery life. On the industrial side, microcontrollers are integral to smart factories, smart agriculture, and automated energy systems. These applications demand rugged, reliable chips that can function under a wide range of operating conditions. The increasing adoption of edge computing is another major catalyst. As businesses and developers move processing capabilities closer to the data source, there is a growing demand for microcontrollers that can handle localized, real-time processing without constant reliance on cloud infrastructure. This reduces latency, improves performance, and supports faster decision-making—particularly important for critical applications like industrial automation, autonomous systems, and healthcare diagnostics. Technological Advancements Pushing Innovation The IoT microcontroller space is witnessing continuous innovation aimed at increasing processing power, improving wireless communication, and extending battery life. Manufacturers are focusing on integrating support for the latest communication standards, including 5G, Wi-Fi 6, Bluetooth Low Energy (BLE), NB-IoT, and LoRaWAN. These features are crucial for seamless device-to-device communication and for supporting massive IoT deployments in smart cities and industrial environments. Another key area of focus is low-power architecture. With many IoT devices operating on small batteries or energy-harvesting solutions, minimizing power consumption is a top priority. Modern microcontrollers are now equipped with advanced sleep modes, efficient wake-up cycles, and intelligent power management features that help extend device life significantly. Moreover, the integration of AI and machine learning at the edge is pushing the development of smarter microcontrollers capable of performing data analysis directly on the device. This is particularly useful in applications such as predictive maintenance, facial recognition, and anomaly detection, where real-time insights are critical. Industrial IoT as a Core Growth Segment Industrially, IoT microcontrollers are becoming a foundational technology for Industry 4.0 initiatives. Smart manufacturing, energy monitoring, predictive maintenance, and asset tracking all rely on microcontrollers to collect and process sensor data on-site. According to data from the U.S. Department of Energy, the demand for industrial IoT solutions is growing rapidly due to the global push toward automation and operational efficiency. In manufacturing, microcontrollers are used to monitor equipment health, control robotic systems, and enable adaptive production processes. In the energy and utilities sector, they support applications such as smart meters, grid automation, and energy-efficient building systems. As industries seek to digitize operations, the need for reliable and intelligent microcontrollers continues to intensify. TABLE OF CONTENT:1. IoT Microcontroller Market Overview1.1. Study Scope1.2. Market Estimation Years2. Executive Summary2.1. Market Snippet2.1.1. IoT Microcontroller Market Snippet by Product Type2.1.2. IoT Microcontroller Market Snippet by Application2.1.3. IoT Microcontroller Market Snippet by Architecture2.1.4. IoT Microcontroller Market Snippet by Country2.1.5. IoT Microcontroller Market Snippet by Region2.2. Competitive Insights3. IoT Microcontroller Key Market Trends3.1. IoT Microcontroller Market Drivers3.1.1. Impact Analysis of Market Drivers3.2. IoT Microcontroller Market Restraints3.2.1. Impact Analysis of Market Restraints3.3. IoT Microcontroller Market Opportunities3.4. IoT Microcontroller Market Future Trends4. IoT Microcontroller Industry Study4.1. PEST Analysis4.2. Porter's Five Forces Analysis4.3. Growth Prospect Mapping4.4. Regulatory Framework Analysis ...... Regional Insights: North America Leading the Way North America currently dominates the global IoT microcontroller market, thanks to its well-established tech ecosystem, advanced research facilities, and widespread adoption of IoT technologies across multiple industries. The region is home to numerous cloud service providers, semiconductor giants, and IoT platform companies, all contributing to a strong demand for microcontroller solutions. According to the U.S. Department of Commerce, over 100 U.S. cities have launched smart grid and intelligent transportation initiatives that rely heavily on IoT microcontroller-based sensors and gateways—fueling North America's roughly 30% share of the global IoT MCU market in 2024. Asia-Pacific, however, is rapidly emerging as a high-growth market, driven by massive manufacturing capabilities in China, South Korea, and Japan, as well as increased IoT adoption in India and Southeast Asia. The region benefits from a large consumer base, expanding smart city projects, and rising investments in industrial automation. Strategic Moves by Market Players Companies in the IoT microcontroller space are employing diverse strategies to stay ahead in this competitive landscape. Key among these are: Product Innovation: Firms are continually enhancing chip design to offer better performance, lower power consumption, and improved security. Collaborations & Alliances: Semiconductor manufacturers are partnering with cloud providers, IoT platform developers, and system integrators to deliver end-to-end solutions tailored to specific use cases. R&D Investment: Significant resources are being allocated to research next-generation microcontrollers that can handle AI tasks, secure communications, and complex real-time analytics. Moreover, many vendors are embracing open-source development platforms and providing developer tools, software libraries, and modular hardware kits to encourage rapid prototyping and foster developer communities. This lowers the barriers to IoT product development and helps accelerate market adoption. Outlook: A Foundation for the Connected Future As the world becomes increasingly interconnected, the demand for smart, efficient, and reliable microcontrollers will only rise. The convergence of IoT, AI, and edge computing is transforming how data is processed and used, and microcontrollers sit at the heart of this transformation. Take a deep dive into regional competitiveness, market clusters, customer distribution, and business leaders@ Browse more Reports from AnalystView Market Insights: Tire Cord and Tire Fabrics Market Semiconductor Plating System Market Motorcycle Chain Sprocket Market Car Carrier Market Automotive Structural Insert Market CONTACT: U.S. Office: 11923 NE Sumner St STE 750924 Portland, Oregon, 97220, USA Phone: +1 615-326-5253 (U.S. Toll Free) Email: mayank@ Email: inquiry@ Website:

12 Press Releases You Need to See This Week
12 Press Releases You Need to See This Week

Yahoo

time14-03-2025

  • Business
  • Yahoo

12 Press Releases You Need to See This Week

Including new fees for checked bags at Southwest Airlines, Rocket's acquisition of Redfin and a new series from Nickelodeon. NEW YORK, March 14, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. Southwest Airlines Outlines Changes to Drive Revenue Growth and Reward its Most Loyal CustomersAmong the changes, Southwest® will continue to offer two free checked bags to Rapid Rewards® A-List Preferred Members and Customers traveling on Business Select® fares, and one free checked bag to A-List Members and other select Customers. Southwest will credit one checked bag for Rapid Rewards Credit Cardmembers. Customers who do not qualify for these free bag options will be charged for their first and second checked bags (weight and size limitations apply). TI introduces the world's smallest MCU, enabling innovation in the tiniest of applicationsMeasuring only 1.38mm, about the size of a black pepper flake, the wafer chip-scale package (WCSP) for the MSPM0C1104 MCU enables designers to optimize board space in applications such as medical wearables and personal electronics, without compromising performance. Disney Explores the Future of World-Building at SXSW ConferenceDisney Experiences Chairman Josh D'Amaro and Entertainment Co-Chairman Alan Bergman invited storytellers from across Disney Studios and Disney Experiences to discuss the ways they use cutting-edge technology to make experiences more relevant and more connected. Rocket Companies to Acquire Redfin, Accelerating Purchase Mortgage StrategyRocket will purchase Redfin in an all-stock transaction for a value of $12.50 per Redfin share, or $1.75 billion of equity value. "We want a customer to be able to check her phone to find out what she can afford, see which homes are just right for her, schedule a tour with a local, expert Redfin agent, and get pre-qualified for a loan, all in a matter of minutes," said Glenn Kelman, CEO of Redfin. Spirit Airlines Emerges from Financial Restructuring, Better Positioned to Advance its Transformation and Enhanced Guest ExperienceAs part of the restructuring, the Company has also received a $350 million equity investment from existing investors to support Spirit's future initiatives, including investments to provide Guests with enhanced travel experiences and greater value. Milk Brings Every Woman's Marathon to Scottsdale in 2025!After an unforgettable debut in Savannah, GA, this one-of-a-kind event is hitting the road, bringing its electric energy, unparalleled sense of female community, and women empowering race experience to a brand-new city: Scottsdale, Arizona, on November 16, 2025! Nickelodeon Announces All-New Animated Series Wylde Pak, Moving in This SummerThe series follows the daily life of a blended multigenerational Korean American family. Inspired by co-creators and executive producers Paul Watling and Kyle Marshall's family life, the 26-episode comedy series features half siblings Lily and Jack as they learn to navigate new family dynamics under one roof for the first time. Auntie Anne's Launches Pretzelria Delivery Service to Celebrate the Perfect Pairing of "Bite Sized Pizza" and RanchAvailable now through April 6, ranch-lovers can pair Auntie Anne's iconic bite-sized Pepperoni Nuggets with creamy Hidden Valley® Ranch dip when they order in-store or online. To celebrate the iconic pairing, the brand is unveiling their "Pretzelria Delivery Service," a white-glove experience that will bring the ultimate pretzel delivery to lucky winners in major pizza capitals: New York City, Detroit, and Chicago. Can Cleaning Feel as Good as Petting Puppies? New Neuroscience Research from Clorox Says It CanClorox teamed up with global neurotech leader, Emotiv, to test the feeling of clean compared to other feel-good activities, uncovering that 37% of participants felt better cleaning the toilet than they did petting puppies. Participants also enjoyed wiping coffee rings off the kitchen counter as much as getting their nails done or having their favorite latte or chai tea. Powerhouse from the South: "Y'all" Wins 2025 Spring Slang ShowdownFrom the jump, y'all was a force to be reckoned with. It breezed past toboggan (who wears a beanie in the South anyway?) and longtime rival yonder in the early rounds, securing over 75% of the vote in both matchups. Things got trickier in the quarterfinals when skedaddle refused to, well, skedaddle. Still, y'all held strong with 65% of the vote. Culture's Favorite Soda poppi Levels Up with a Minecraft Movie PartnershipDesigned by the poppi in-house creative team, limited-edition 4-packs of core flavors Strawberry Lemon, Lemon Lime, Cherry Limeade, and Orange feature iconic characters from A Minecraft Movie, including the Creeper, Bee, Sheep, and Dennis the Wolf. Avelo Airlines Announces 13 New Routes and Three New Destinations to its Growing NetworkThe additions include Nassau, Bahamas; Grand Rapids, Michigan; and New York / Long Island. Today Avelo serves 56 cities spanning 23 states and Puerto Rico, as well as four international destinations: Bahamas, Jamaica, Mexico and the Dominican Republic. Read more of the latest releases from PR Newswire. Do you have a press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most. Helping Journalists Stay Up to Date on Industry News These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists. Once they're signed up, reporters, bloggers, and freelancers have access to the following free features: Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more. Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story. Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles. Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more. About PR Newswire PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world. For questions, contact the team at View original content to download multimedia: SOURCE PR Newswire Sign in to access your portfolio

Weekly Roundup: 15 Tech Press Releases You Need to See
Weekly Roundup: 15 Tech Press Releases You Need to See

Associated Press

time14-03-2025

  • Business
  • Associated Press

Weekly Roundup: 15 Tech Press Releases You Need to See

A roundup of the most newsworthy tech announcements from PR Newswire this week, including Abu Dhabi's drone light show, the world's smallest MCU and astronaut Jonny Kim's space mission. NEW YORK, March 14, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help tech journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. Measuring only 1.38mm, about the size of a black pepper flake, the wafer chip-scale package (WCSP) for the MSPM0C1104 MCU enables designers to optimize board space in applications such as medical wearables and personal electronics, without compromising performance. CoreWeave Announces Agreement with OpenAI to Deliver AI Infrastructure 'Advanced AI systems require reliable compute, and we're excited to continue scaling with CoreWeave so we can train even more powerful models and offer great services to even more users,' said Sam Altman, CEO of OpenAI. 'CoreWeave is an important addition to OpenAI's infrastructure portfolio, complementing our commercial deals with Microsoft and Oracle, and our joint venture with Softbank on Stargate.' Developers are Ditching their Keyboards as Wispr Flow Expands to New Platforms Wispr Flow allows users to speak naturally and see their words appear instantly, with built-in intelligence to edit, format, and refine their writing across any application. The product was created by Tanay Kothari and co-founder Sahaj Garg after experiencing firsthand the frustration of typing-intensive workflows that slow down communication. NASA Astronaut Jonny Kim to Discuss Upcoming Launch, Mission Kim will launch on Tuesday, April 8, aboard the Roscosmos Soyuz MS-27 spacecraft, accompanied by Roscosmos cosmonauts Sergey Ryzhikov and Alexey Zubritsky. The trio will spend approximately eight months aboard the orbital laboratory before returning to Earth in fall 2025. AI-powered Tomo Mortgage Raises $20M with Backing from Progressive Insurance® Key to Tomo's success is its use of AI to streamline sales and underwriting processes. These tools make getting a mortgage much faster, more accurate, and far less expensive than at other mortgage lenders. Tomo saves the typical homebuyer $4,000 at closing. Abu Dhabi to introduce the world's largest drone light show, elevating cultural and technological storytelling Abu Dhabi is set to launch a pioneering initiative that will integrate cutting-edge drone technology into large-scale immersive storytelling, further solidifying its position as a global hub for innovation in culture and entertainment. The synchronised drone performances will create artistic narratives across multiple iconic locations, weaving together the emirate's rich heritage and dynamic future. Publicis Sapient Announces Global Strategic Collaboration Agreement with Amazon Web Services to Accelerate Enterprise IT Modernization Publicis Sapient will leverage AWS's advanced generative AI services to help enterprises accelerate their digital business transformation journeys and more easily build personalized campaigns and experiences to reduce churn and enhance customer loyalty. Flagship Pioneering Unveils Lila Sciences to Build Superintelligence in Science Lila's Autonomous Science platform is designed to, with human guidance, scale and optimize experimentation in any scientific domain by combining generative AI with generalizable, scalable and autonomous AI science units. In just a few years of development, the platform has demonstrated performance in multiple domains that exceed human and existing AI-powered benchmarks. The algorithm can effectively defend against attacks by malicious nodes and ensure the accuracy and integrity of transactions while ensuring the normal operation of the system. Lowe's Style Studio™ for Apple Vision Pro Expands to Lowe's Stores in Austin, Texas 'This immersive in-store technology leverages the spatial computing technology of Apple Vision Pro to make it easier for customers to visualize, plan, and shop their dream kitchens—all in one seamless experience,' said Lowe's Chief Digital and Information Officer Seemantini Godbole. Cantor Fitzgerald partners with digital asset custodians Anchorage Digital and to support Bitcoin financing business 'Cantor Fitzgerald and Anchorage Digital share a track record of integrating Bitcoin into the world of traditional finance,' said Nathan McCauley, CEO and Co-Founder of Anchorage Digital. 'Our partnership marks a major step forward for the Bitcoin financing ecosystem—built on the safety and security of federally regulated digital asset custody.' In a Changing Media Landscape, Assemble Launches Peer Intelligence Platform as Business Leaders Seek Trusted Sources The platform creates professionally facilitated communities where leaders can access market-tested insights from others who have navigated similar challenges, enabling more confident decision-making across critical business functions. Voyager and Palantir Developing AI-Powered Solution for Space Domain Awareness Applications 'We're developing an integrated solution, harnessing the power of AI with Palantir's software stack and taking advantage of real-time radio frequency streams and imagery to perform space-based object detection, identification, classification and tracking,' said Matt Magaña, President of Defense and National Security at Voyager. Now in its 84th year, the competition celebrates and rewards young innovators who are applying their Science, Technology, Engineering and Math (STEM) talent and leadership skills to push the boundaries of discovery and address today's pressing challenges. For more news like this, check out all of the latest technology-related releases from PR Newswire. Do you have a technology press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most. Helping Journalists Stay Up to Date on Industry News These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists. Once they're signed up, reporters, bloggers, and freelancers have access to the following free features: Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more. Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story. Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles. Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more. About PR Newswire PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world. For questions, contact the team at [email protected].

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